Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1864-05-28

waged win be uitimnt'y closed w't'' '"e ..r
$500. Fan ~ n. y,,.e,,i,n ani tbs restoration
Of tho authority Of tine laws ever 10. ~
mattel States, il becomes " -
80. all, n. .o,ue of the great changes
.xxauyat in or social aud poi.tilA s''a.s"'.
u, III. y,ea, event, that are nov, and i"'
the years pas: have been marching IN s"'''
procession bo!oie MS.
And frs, an. most lvlicca1l- VIII bethe
prevalence and the certain continuance Tor
many generations Of un.xampled ana pu'-
thcnsome fa4atiga Formerly and until
ve-y rec-.. period, the people Of the United
States were the most lightly taxed + any IN
the civilized world and the fac, was dwell
upon as sabc.t Of coagi.l:u,a,ion, and a
showing the vast superiority Of car ca"l''''"
over that Of any other people. Taxes beng
lici... rents we're cheap all the comforts aud
laxlries Of lie were within the means OF
III hunhls.t classes and there WAS 10 n:.-
ton Oh earth, where III! that was essential 10
the enjoym.n: .. HE Was - univei saliy dil-
fused. Wnat "as sealed book OF "lor-
bill.u fruit /, evcl the comparatively
wei! of .: other countries, was enjoyed free
j. and c.leSriy ~ all classes here. save the
absolutely destitute. Everything wa cheap,
because everything could Le sold f.. the
mere cost q! production, with only liv.ng
profit supcradded and ;ic wholesome ccn-
petition that existed, brought this profit
down to the narrowcs; limits. Hereafter all
this will he changed. Not o.iy will luNu-
RE. be 20 greatly enhanced bs taxation of
various .o.las a. to be III effect prohibited.
nut SO viii il be also with comfort, and even
necc>sa.ics Of every kind. Their is no sin
y.c article " Use but viii be Increased in
value .i:iy OF ONE hnndlcl per cent. or more.
The Eject OF Thu; apon oar social condition
S obvious. Our people viii b. less refined,
less able tn g.sc tine 20 educator: more
pressed t, worn intcSsali.'y for Sui,-s
icncc and the masses will inevitably sink
:np.c aily 10 tn ie.ei Of the d.uds.s Of
the Old VI oiid
Another notable change viii be the trans
formation Of or country from a nation
without an army cNerpl On ,hc most IN
tinte-,!inal Al TO grand military and na-
val power For years asd perhaps genera
tons after the war >l.a,l have ended in the
suppression Of the rebellion, large forces
vii, have 10 be kept ~, in all the ieclaincs.
States, IN ORDER - suppress Instructions
and outbreaks and to ensure the workings
81 the laws. This must lc continued unit.
the pre,rn generation shat! have died oil
and with II ihcir animos;tirs, and um.l a
ncw generation shall have ccic upon the
scene who knew notlin- Of our troa,les. =
vas. army, Therefore, wi.lbcco.ie ncsc,-
siiy; and, FROM a Repub..,. - aver,c 70
military prc?pn.crdnce As 10 lave j-alousi.
st!iei I, we viii be converted :nto a sreAt
military Republic, when every civi, station
is subordinate in importance TO Tie md AIRY.
We shall not on, have !nil.i%., ,l4n in I'm
usual numbers for times Of peace. in the
Held, bat there vii lie soldiers in our leui,-
latures, in our Congress, in al our cxccu-
tive and administrative trusts and they
VIII jostlc to the wall the lawyers and talk
ers who have hitherto pre-cmptcd every re-
Sponslbie or ,li.n!icd public station.
Another important change that will be
effected in OR country BY the war il admir-
ably depicted by writer in late number OF
TIE Round zable. Having spoken of the
effect Of the stimulus Of our national deb.
and the consequent taxation to develooc al
the ply Steal and material resources of the
country, tins writer goes on 10 speak as fol-
lows
Another change, and one not SO pleasant
to contemplate, is almost certain to follow
upon the creation Of an enormous national
'ebt,and that is the concentration.of wealth.
Ia, great fortunes Of Europe, the houses
distinguished for monetary strength, have
t~cn brought into existence simultaneously
with the accumulation Of government IN
debtedness. The Ro.hschlds, the Ia ingS,
the Browns. the Hopes. al, attained 10 thri.
position by this means. These houses first
made money BY their transactions with the
governments II Europe, AMI then ,.lc.l Ia
their possessions b i'cing the media through
winch s'ich governments have borrowed
money o. the Industry Of their subjects
Inc same process Is going ga y. fore our
cyts. Those who know The history of the
various houses in Wall street can point Gu,
tnc men who are destined to he to America
"na' tne house, .I1st mentioned are to The
gorcrnti tnis Of Etiroc !.v perfectly !, eit-
iinaie iran-actions Ms. Chase la, made Mir.
). Cook, ami through him scores If Others.
immensely wealthy. H.ncelu,th America
wsli he as distinguished for lis rich men rs i,
has heretofore b~rn for its traders of
moderate wealth There will be the sa,ne
wealth ~ iae country but it nili be II, fewer
hah!s We shall have fever traders. but
More merclan. prime, ani i:fine..lr bank
e'S. 1Es concentration o.. '5;,>;ncs, been.
Ia fact, before the orcs.ng o. :hc wa. The
advantage OF this VIII ~ that Tier Al. b.
i,wer non producers ana NOR consumers
aid business, BY being done ~ The whole
sac. 50 20 s,eai, xii, &c at les, cost to the
Industry 81 rhe ration.
.as matter o c 5i.'>c, this concentration
Q, vi ! u,.i ia,e the mass Of the pco,.l.
ro"r"r thar ',a, n the ,.se with as. No
ina how 'nec:.ou.y taxation may be
itT'sd he pu 4 II must nj hast fall ma,
ia' ana labor. .ur f.on, .i.cSe two s,nrens
come nj weal.i.. Tie nan Nh, i'll. III,
gfcIn and IL who ,ai,.isae> The ma.,uf.c-
TIRED lie y II. Ia tn cnd. he called ,,,.on
to ply soih nc r. nc.lla' and mt, re-; &c ,hc
national debt. 10 which ,aut be add Il 70
vast vlirh i always incident 10 .Lc 90.