Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1864-12-07

The public win give this Important docs
msnt thorough and careful psrusal. Al I
gensyal review Of "ths situation il b ~
pr with what il usually found in the lad
ing newspapers Of the country; but as I
stAts paper, written BY the first man Of ths
nation, falls far short Of bearing that deep
impress Of statesmanship that one would
naturally look for in document Of the kind.
But no one expectsd anything statesman.
like from Mr.. Lincoln, therefore no body will
bs ct al disappointed.
Amo ns the leading points in the Message
are:
First, the recommendation Of an amend.
ment to the Constitution Of the United
States, for the purpose Of abolishing slavery
in the country. The proposition will qn.
doubtedly come before the people as soon
as practicable, and we predict that the ma
jority in favor Of the amendment will be
overwhelming. But why the President,
claiming ~ he does, or has, the right and
the power to abolish slavery when he pleased,
by proclamation, should recommend its 40
clifton by Constitutional means, is not easy
to determine. The probability is, howe ,er,
that he has 1t lastSdiscovered that his pro-
clamation was, verify, just what he said it
would be when urged to issue it-like the
Popc's bull against the comet, hence seeks
more legitimate method Of bringing about
the desirved result. 1t has been apparent
for some time past that not only in respect
to the institutions Of slavery, but in certain
other matters, there exists a strong desire
among the people to make innovations on
the Constitution. It has already been de-
cided that this will be done.
Another important point is the recon-
mendation Of the President that new in
centive be offered by Congress for invest
in Government securities.
He recommends that bonds be thrown
upon the market, which, when purchased,
become, in the hands of the purchaser,
exempt from seizure for debt. This recon-
mendation, queer and unfair as it may
seem, is genuine Lincolnism, and we look
to see it carried into effect. 1t will be
huge thing, indeed. A man can put all Of
his available funds into these securities, and
snap his fingers at his creditors. II this
becomes law, the Government may rest as.
sured that it will have more money than it
can handle within six months thcreafter.-
Such law would superccde General Bank.
rupt Law in some respects.
The President does not tell us when the
war will end, for the reason, probably, that
he does not know any better than any other
person, but he still remains strong in the
belief that eventually the union of the
States will be restored, and in that we sim
ccrely trust he will not be disappointed.
The message is interestingly short, and
not at all tiresome to read. We recommend
the careful perusal Of it by all our readers,
mot that any particular amount Of knowl-
edge is therein contained that has not pre-
viunsly been published. but because it is
the Message of the Chief Magistrate to the
people.
SECOND NATIONAL BANk.-Herewith we
give list Of the stock holders Of the Sec-
ond National Bank. The capital stock Of
the concern is one hundred thousand dol
ars, and the shares one hundred dollars
each. The necessary papers have all been
made out and forwarded to Washington, and
this and the time Of organization
Ind entering upon business, no time will be
ost. Unforeseen difficulties excepted, the
institution will be opened for business on
The first day of January.
In the following list Of Stock holders viii
be noticed the names Of many Of our most
substantial business men. The number Of
n, harr;horu 10 fnef~v- cnvon.