Columbia Democrat and Bloomsburg general advertiser. [volume] (Bloomsburg, Pa.) 1850-1866, 1864-02-13
LET FARMERS READ THIS.

The high price Of farming productions
is kind of ignis totnnS which lures the
farmes to support the war policy of the Ad-
ministration, while the soil under his feet
rs sliding mparccptably away, and carry
ing him to irreirievable ruin. It may
startle farmer to tell him that half of
his farm now belongs TO the Government,
but it is nevertheless true. Even admit
ting that the Southern States vii! be com.
PEELED to return to their allegience, still the
half of every farm in the Union, at the
cash value according to the census of 1860,
If sold, and the money paid over, would
not pay the present National debt.
The cash value of all the farms in the
United States, is sixty hundred millions of
dollars. Thirty goes into sixty twice. II
every farm in the thirty-four States, was
sold and the money received, it would take
onc-half of it to pay che National debt.
But suppose the war goes on year or
two more, then it will take the full price
of every farm to pay the debt-that is the
country put up at auction would pay the
debt, provided the land brought its cash
value.
Suppose, again, that the war will imme-
diately close with the recognition of the
Southern ConCederacy, then the North
would have to pay the debt, and it would
tsko every farm ss cash value to pay che
debt incurred during the last three years.
But it is argued that the immense re.
cources oil the North are sufficient for the
debt. Well, where are the resources
All the money arising from duties, income
tax, and the sale of lands, will not pay
half of the interest on this debt and defray
the civil expenses Of the General Govern
ment, while the other part Of the interest
will annually 60 to increase the debt
How then will it be paid?
Why, the Abolitionists say, "Iet pos.
ierity pay the debt" But posterity can
not do it, as the resources of the entire
Government are inadequate to pay half
the interest. Besides, posterity may have
wars and eXpenser Of its own, so that if
left entirely unencumbered, it would re-
qure all the enonomy possible TO keep out
ol debt
Three years ago We were cut Of debt !;
now We owe thirty hundred millions, be-
sides unllquidated damages for losses Of
steamboats,, railroads, bridges, ships, goods
and chattels; end three years might en-
cumber posterity as much as three years
has encumbered US. Then posteri.y can
not pay it. Well, how will it be paid?
Another plan is to repudiate; but re.
sndiate is brnkruptcy. So take it as ou
will the inevitable "negro" has upset the
title of all our lands ard involved US all in
eternal bankruptcy and disgrece.
Here are the statistics
No of acres in the "a States, 4O7 ,0O0 GOO
Cash value of the land, SO, 600, 100000
Present National debt, $500 900 900
Interest Oh the National debt. l99, 100000
Assessment of interest per cadta--six
dollars per head for man, moman and
child, black and white, every year. If
put sn the land it is fraction Of ffty-cents
per acre, there being two hundred millions
of interest and four hundred millions of
acres.
Now, as our Government has never
done more than barely sustain itself in the
most prosperous periods, it is fair 10 ar
que that il viii always take its ordinary
revenues to pay its ordinary expenses. iii
this position be correct, the Nation must
resort to taxation to pay the interest on
debt can never pay, and with the other
enormous rates OF tax, the burden becomes
too great 10 bear.--Easton Aygas.