Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-04-16
10 THE CREDIT OFTHE COUNTRY
IMPROVED BY the ACTION OF
THE PRESENT C0NGN E1yt.

W nat mas Inc p'escus SobSieoS uo"0 w
relieve the apprehensions Of the thinking
men Of the country of their fear Of Ma.
tional bankruptcy, or what measured has
it adopted to strengthen the public credit?
Has it done anything which would in any
manner tend to rep!enish an exhausted
treasury, or fortify and bolster up our rap
idly depreciating currency. Our readers
will bear with US if we seem to touch up.
on this subject Of finance with unnecessary
frequency We do so because we regard
It the most important one of the day, and
the one to which the attention Of all will
ultimately be compelled in a manner any
thing but agreeable.
That the pational vessel is rapidly sink.
ing by reason Of being loaded by the
weight Of a national debt beyond her
6uancial tonage-and by reason of the
many leaks introduced into her hull by
the fraudulent practices Of Government
contractors and Government officials, none
but the most ignorant or unthiuking for
moment ques,ion-and yet the last four
months have been allowed to expire with
out any measures being either devised or
adopted, for tightening the ship or stopping
the leaks, except the passage Of the Gold
Bill, which is, as has been suggested, like
bank Of doubtful solvency attempting to
strengthen its credit by authorizing its
Cashier to speculate with its specie reserve.
But has the passage Of this bill au,horiz'
ing the National Cashier to speculate
upon our Nations insolvency been pro.
ducliye Of any practical good Is not
gold twelve per cent. higher to-day than it
was Immediately upon the passage Of the
bill. This is VIVA. has been done and this
alone the only action taken has tended to
complicate and increase our financial diff.
fculties rather than to relieve or lesson
them. But this was not all that the couu.
try expected CIR had right 10 demand -
Most men have heretofore entertained sn
implicit confidence in tho credit Of our
national cxchequer, treating tie depre'
citation Of Treasury Notes as only the re-
suit Of = temporary financial embarrass'
ment ia government affairs, which the
action OF the first Congress would relieve
without difficulty or delay, and hence in a
great measure is to be attributed the
sustenance which The present ,adminisrra.
ton has received in its reckless expendi-
lures, from the people. -t sd.
How then will this failure, or worse than
failure, Of the present Congress to reduce
the volume of currency which, now inun.
dates the country and effects so materially
the con6denc eof the people in its solvency,
be likely to effect these credulous baskers
of the national treasury? VIII not their
faith in its integrity be shaken? Once
this stupenduous superstrucsure, erected
upon so artificial foundation, begins to
totter, and .dowG goes the whole editice Of
our national finance. Should this calamity
befal US. it leaves fearful weight Of res.
possibility upon tie shoulders Of those
who have led this great nation to the jaws
Of death, and into gulf Of debts which no
after generation will ever see paid.
The Sioux City Register is inclined to
the opinion that it is great duty which
the Copperheads owe TO themselves, to en-
gage in q general mobbing of Repuh!i.
cans. Well, let 'em pitch in /; and when
they come out On the other side, they will
please narrate to US the style Of their sen.
sations.-S State Register.
For information Of how they feel when
they "come out on the other side,' We
would refer the State Register man to c.
c. Cole, Nat. Baker, josh Tracy and
various others who have been purchased
by Office bestowed by the "other side
Preferring to associate with honest men
and white women, we decline coming out
on that side at present. IN
An attempt was made to FIRE the Office
Of the Fort Madison Plandealer, Of which
the following ~ the account given by the
Editor: #I@ III ~ 't ~"
On Thursday night Of last week, an At.
tempt Was made 6y some tratorious scoun.
drel to Gre our Office. AT O'Clock P. II.
Of that day our Office vas locked, and the
key Of the door leading into our compos.
ing room placed over the door as Was the
csstom. At l0l o'clock Of the same
night, the Clerk of this county, Chas.
Doerr, Esq, on passing our Office smell
paper burning. and being impressed with
the idea that it was unnatural, RAN up
stairs. and discovered that ere had been
placed on The tasle, upon which lay some
three hundred copies of the Pldi'dealer
from the press. and The papers thrown
over the fire. But the paper being damp
did not burn as well rs anticipated, and
instead Of burning upward in . lively
fame, worked downward, burning two
holes in the boards and table beneath the
papers, and was about ready to envelope
everything in flames as Mr.. ,. discovered
il. As the wind was blowing fercely
from tho 8. W. on that night, had the FIRE