The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1864-12-01
New York ana Trade.

We find the following in the financial
and commercial column of the Chicago
Tribune. We transfer it to our columns
because we like it, and the public wants
to manifest somewhat of indignation
against New Yoik, even it be in naught
but words. 1t is hard TO control the
coursc and channels of trade. |, NAV
continue to flow into New York CITY as
rs heretofore. but it will not be without
protcs. from the great loyal Northwest,
even while itself adds constantly increas-
ing wealth to that city. The reasons for
this feeling are found in tho comments of
the Tribune. No loyal man thinks proud
ly of the metropolis Of the nation. Her
merchants pandered to the slaveholder for
lucre. and the thousands of her pauper,
criminal population of vicious and de-
graded natives and aliens have become
fixed as the senseless followers aud un.
question: ng tools Of demagogues, the coarse
brawling and shameless. adherents of the
enemies of the Government. New York
city lives and thrives and fattens by the
trade Of States and sections Of The couu-
try that vote ard fight dom the rebellion
which she votes and a shts up. The tables
may be turned. As the Tribune suggests,
Philadelphia. and Boston aud Baltimore
are loyal, and to them our merchants can
90 for goods, snl, as it does not suggest.
the Mississippi and New Orleans are the
proper outlets fer the trade of the North
west and the Central States: fE
"On the subject Of decline in gold.
and q paralyzation in trade, the New
York World, the New York organ of
treason, holds the following language:
"sThese violent and sudden nuctua-
tions 10 the price of gold have paralyxed
legitimate trading and engineered . want
of confidence as to the stability of the
mercantile community, which has already
added seriously to the embarrassmenss Of
many firms. II Government continues TO
press down the price of gold, which, We
are informed on high authority, it will do.
then the prices of all commodities and e.
curities are likely to sympathize with it,
so far Is the wholesale trade 10 oonoern. !.
ed. The consumption among the people
is already much decreased, owing to the
reduction in their incomes from the high
cost of mere living. On preceding coca.
sions we have given the details Of the g..
timsted amount Of the stocks OF mere han
disc on hand in the loyal States, which il,
in round numbers, over two thousand
millions OF dollars, Of whichAhs citiss OF
New York, Boston and Philadelphin hold
about four hundred millions. A decline
iu prices of twenty Eve per cent. there
fore, knocks on, Of existence ona hundred
millions Of dollars Of capital in the cit;e,
of New York, Boston and Pbiladelnh;.
and FIVE hundred millions in the Whole
loyal States. The fall 10 the price Of eold
and other commodities 10 thus fraupht
with grave consequences. The bankrupt
cy and ruin of the mercantile community
are dependent thereon
/" Now, if the above paragraph has any
meaning, it is, that the merchants holdiue
these goods, who are likely to BE- such
heavy sufferers by asdeciine, should com
bine against the Government. % the,
certainly have done in at least one ia
stance before, 10 carry up the prics .
gold and goods With il. to savs thsmsesve,
from the loss which nov thrsatsns tken