The Democratic press. (Eaton, Preble County, Ohio) 1860-1865, 1864-03-03
Things Financial.
tFsou the New York Day Book. ]

/ Ny labnring friend, have you
6E6T 6666 u feel
LOT INTEREST," Do you know what q
merciless task master, what des-
pot this interest 10? Have you
ever realised iii ,"l.
The debt Of this nation, when
this terrible war is over, will not
be less thai $4,00O,0O0,OOO, and
labor, not capital, mind you, but
labor alone, will have to pay it
When tle Administration papers
tell you that ,oeauh, or capital will
take care of the six per cent, which
will roll up its frightful millions
every twelve months when the
brazen-faced political charlatan
mounts the rostrum and proclaims
to you that the people will not
break under enormous taxation,
for "we" are 80 rich in resoursces
that eve" could carry twice
81, 1000, 900, 900, tell this mountebank
he lies; or, if he does not lie, he is
as ignorant upon the subject of
national taxation, of national debt,
as Congo African. My hard
working friend, l want your ear,
and your attention, for you aud |,
who belong to the bone and sinew,
and muscle of this nation, are the
capital creators ; to US alone is
consigned the task of finding the
means which must be forthcoming
to meet the huge claims called in.
terest aud taxes. a ... u. r e.
What are the resources of ma
ton? A teeming population who
work, not drones who live by
making Others work for them. All
the wealth of the Indies might lie
in the soil of the agricultural
States of the West, but If bone and
muscle were not brought to bear
upon them, we should be as bare
Of resources as icy Greenland, Or
the desert of Sahara. Resources
are tho resnlt of big drops Of sweat,
OF aching limbs, of tired frames,
of wasted muscle, of honest, noble,
God blessed toll. Resources are the
result of tho active brain and the
cunning hands Of the practical
artizan. The stern, bold, manly
o blows of the backwoodsman who
a felled yonder stout tree, which
j. when cut up into logs, will by the
J, same manly arms be fashioned iuto
T. rude home for his wife aud little
. ones, who have come out into Athe
r wild West to carve out an inde-
u pendence, each and all, father and
g sons. the results of their days la.
Z Dor, are resources"
Q In 1860 there were employed in
J, the entire North and West, in ag
5 riculture, 1,551,29S hands. II
o manufactures 807, ,125; total of pro
} ducers-2,358,423. 1 will add fol
!. miscellaneous labor, not embodied
=. in this total, that labor which finds
d employment in building, fabricat
ing, &c., not embaaced under the
i head of manufactures, say in tht
e entire North and West 1000, 900
}. making, in round numbers, 4,500,'
g 900 persons whose task is to create
p the weulth of the country, withouN
It which this debt, or it's interest even
e cannot be paid. Now, the fact
,, ire, that the bodies of these 4,500,
d 900 producers Of the North ar
If Inortgaged for the payment of th'
= war debt, whatever it may be. 70 |
!, we call the debt $4,0 ,000, 900, 900, ant
d to-day it is three quarters of tha
y sum, we shall not be far out Of tn,
}: way. how do you aud 1 stand
d my friend? Divide $4,000, 900; ;00t
1t into 100000 parts, and we CARY
g near $3.50 each. 1t is our task, a
Ell working. men, to see that 6 pc
g cent on $3.50, besides preparing fo
u our other taxes, is saved from tn,
y surplus of our yearly toll, to 60 in
3. to the pockets of the lazy non
Is producers Are you satisfied t.
n pay $54 per year, beside your gen
b eral tax, as long as you live p
., Dolyou desire to. burden your chill
o drep with y tax Of $54 per head al
d their lives, III addition to the take
p they Win otherwise have to pay?-
If These taxes, labor, and LABOR alone
g. will have to carry, spite of IT,