The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1864-07-23
S@xs, BURLINGTON, SATURDAY JULY % 1864

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We have always Il6 Action Of th
Secretary Of the 4 ~ that memora
Bile crisis Of tho county lie, . . sublim
exhibition Of moral power, and CRANE
triumph Of financiering genius. Whateve
mistakes Mr.. Chase may since have made
undoubtedly the country owes to him-t'
his cool head and steady hand it, leliv.
erance from the dangers that threatened II
destruction at the opening Of the rebellion
Mr.. Chase has been greatly censured, q
well BY the malignant enemies Of the coun.
try ~ by many honest patriots, for hll
substitution Of legal tender Treasury n0tel
for gold, - currency. We can understand
how ct the commencement Of the rebellion
oped, this objection might have been ad-
vanced, but how any removable man At all
conversant with finance, and looking back
at the immense expenditures Of the past
three years, could now think that such q
course would have been practicable, ex-
ceeds our power Of conception. All great
European wars have led 10 q suspension o1
specie payments, and in this country whore
the proportion Of realized wealth is less
cessity was more immediate and less inju-
ricus than In the older countries Of Eu-
But that which will make the fame Of
Mr.. Chase in history, ID the national cur
rency and the banking system founded
upon It, which he has been the agent Of
inauguratiDg. The political a. we'll ~ the
yet TO be fully developed, but we are assu-
red of the consummate wisdom Of the plan,
and predict for it the most complete sue
cess. IT unites the whole country together
by silken bond OF common interest, 90
soft as not to be felt, 80 strong as not to be
broken. 1t furnishes circulating medi.
um. as secure AZ the national resources
themselves land public credit is the basis
OF AL private credit;) i prevents the depre-
citation by one State Of the currency Of an
other, and effectually hinders the unreal
sOnable and extravagant fluctuations in
exchange (between the States) to which the
system Of private banking is necessarily
incident; it restricts the business OF bank
ing to the solid capital employed in it, and
efectually annihilates the wretched trade
of the money broker.
The REBELS IN COUNCIL AT NIAGARA
N. Sanders. with some
thirty rebel politi clans and officers, is now
ct Niagara Falls, plotting and scheming In
behalf of Jeff. Davis and his villainous
couse. Remaining 40 they do, on the Can
oNo rAues sAOy - - AevVI0O!0 PO1AkIOn ~
operate upon the politicians who visit that
locality during the hot season. From all
accounts they are making the most Of this
advantage. They have concocted . grand
scheme for the control Of the Chicago Con.
venti0n. Their project contemplates forc-
ing rupture and division Of the Conven.
tion,. after the manner Of the split at
Charleston In 1850.
Sanders and his rebel plotters are active
- ~ {vH6h u
ready the Democratic Convention Of Ken.
tucky has adopted peace resolutions and
done all It could to assist Sanders in laying
his wires for the Chicago Convention
Fernando Woods seedy peace committee
assembled in this city to add its voice and
support 70 the plot Of the rebels. The Chi.
cago Times, Cincinnati Enquirer, and 9th.
II Sander! cause, g far y they dare
Such twaddling journals - the Nessa
and World Of this city, and the Atlos
and Argus at Albany, have been grad
ually working themselves into the same
scheme, and, under the influence Of the
conspirators, some forty or fifty rebel poli-
ticians, with Sanders at their head, and q
few Copperheads Of the North, met at
Windsor, about the 5th Of this month, and
tions at Chicago. A split in the .Conven-
ton is the first move; then i1surrectioD,
riot and rebellion-thus using tho same
means that were resorted to in 1850 TO force
the South to commence the rebellion TO in
augurate revolution in the North in the
hope Of by that means diverting attention
and bringin about . division that will en-
able .s the, them slsy g II, their final o oysIthSow
federacy That JEFF. Davis and the rebel
chiefs have been driven to this as q last re-
sort il now apparent. It is their last hope
for the success of the bogus Southern Con-
federacy. It IL revolution at the North or
death to their cause. Hence their deter
mination and the desperate chances that
they are taking.-Mz < Herald, Js1y 1s.
\ ONE OF JeHx MoRaAN's TR1cKs.-A
gentleman from Lexington, KY, relates an
certainly characteristic Of him, whether it
be true or untrue. After he had stolen the
celebrated race-horse ''Skedaddle," Mr..
Clay started in pursuit with two fine ami
mails worth over $500 each, and overlook
the freebooter, and offered him both, to-
gether with 5000 If be would return the ra.
Ger. fas4.
these win answer your purpose just as
we'll, said Mr.. Clay.
John looked at the horses carefully, and
said
"Well, Mr.. Clay, they will answerSnly
purpose just as well as Skedaddle, and
am disposed to accommodate yOu.'
Here Mr.. Clay's countenance frightened.
"As am disposed to accommodate you.
will partly comply with your request"
Mr.. Clay was puzzled. @
II win partly comply with your request
-I'll take these two horses, but can't
give you the other"
Mr.. Clay was completely taken aback !;
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