Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1865-07-27

friends came To believe finally that these
doubts so constantly expressed had some
importance, and instead OF standing up
manfully and saving, This note OF OBJ
legation, signed by the United States OF
America, represents every stone aGd
stick every farm and workshop, every
railroad and canal, everything we have
of wealth. or convertible into wealth in
these broad States :" they pleaded for 1t, |
and entreated that 1t should not be dis |
honOred, and implored men ofcommerce |
and enterprise not TO retuSel II, ana mace |
long. patient honest arguments TO snow
that it could never be Tepudiated. Gen
tlemen, " said the great Napoleon, as he
stood on the deck of man-ot-war in
the Mediterranean, looking at the glo-
ries of an Italian night, and listening
to a knot of wise men who were proving
that there was no God, Gentlemen
there is no God you say Then who
made all thisqn There was silence. TO
those who spoke of repudiation, we
should have said, Gentlemen, copper
heads, time. servers, faint-hearts and
worldly-wise men, you speak of repudi-
alton. Look at this nation; look at
| Broadway, the gold mountains, Califor-
| mia, Canada yearning for US, our rail-
| roads, rivers and canals, Chicago, Penn
| sylvania, the Mississippi river, and over
! them the American soldier with his mus
! ket. Reputation with this security
! The ocean might as well try to repudi-
| ate the salt that gives it freshness and
SAVIOR" We did not say this. 1t was
easier to kneel aud implore and explain,
than to support and defend. So copper
heads, time-servers faint-hearts and
worldly-wse men had it all their own
way, and such going to the bad-suCh
premature national ruin-had never
been known
With constant kneeling and entreat-
ing and dreading the war left us bur
dened with great error. We had in
Cured a great debt-thOusands of mill
liOns-and were therefore, so we rea-
soned, by the fact of this debt, behind
the world in the race of prosperity.
Because our obligations were in the
hands of our own citizens to a great
amount, we imagined we were to the
amount of these obligations poorer than
England or France; yea, even Mexico
and Central America, and the Latin re.
publics around the equator. And the
worldly-wisemen believed that, after all
there was not much value in our victo-
ries, and that the capture of Y ee was
, little more than a Fourth of July tri
umph, or it left us SO wretchedlv poor
and involved that we might as well bt
dead as lead the life of sponging -houst
victim. Why not? Had we not all beer
on our knees begging the world TO be
lieve that we were not going to chea
them, and that our bond was as gooC
as the gold 1t represented? Did not tn,
secretary of the treasury make hi
monthly statements with their marvel
lous sums in addition, and had not ever
f | miserable COpperhead orator rung tn,
. changes on debt and Death?" 1t wa
) not strange that we should have thi
, | feeling. Nations are as apt to err a
, men. A hundred years ago an Englisl
king believed that if he allowed Cath
) olic to sit in his parliament his crow
f would be forfeited Thirty years ag,
England believed that if the corn law
: were abolished the agricultural inters
t ests would be ruined. Six years agt
America believed that the best she COult
' do would be to intervene to prevent tn
| extension of slave territory but to tn
= slave no territory should be free, AM
t why should not we, fresh from all tn
/ tumult of war with great civil dut
G fretting and perpleXing US new to tn
4 financial experiences of older nations
v why should we not stand appalled, be
4 fore this cloud-this pillar of ffre-thi
t phenomenon - this figure of speech
= called the national debt?
s When error is over the world, truth i
:, sure to speak. And Providence, in thi
q time of general error, has called upon
: man to stand up and speak the truth
: The American people are familiar wit
!. Jay Cooke. la this department he ha
Y been as useful to the country as Gran
2 on the land, or Farragut on the sea. w
d think Scaliger writes: "When we wal
e in the sunlight of fame, we are followe
3 by the shadows of envy" And th
r shadows have deepened and lengthene
e around this man as he rose in his worl
e He carried into his task the very eli
It meats that gave Grant Success-conceu
: tration, system, discipline, powe
If When all sources Of reveue were dry
8 when we were famishing for the war
II OF money when it seemed almost il
y evitable that we should be compelled
go among the Rothschilds and Barring
It and peddle our paper, like some seed
v sultan of Turkey-this man struck Il
v rock, and the waters gushed forth, an
IS all tribes became refreshed and glat
tc dened. This work has done in plail
Is every day, common sense manner, witt
ii out any theatrical demonstrations, will
1t out seeking the applause and attentio
Z of the world. Men call him an advel
o. turer; but Philadelphia knows that, b
Is fore the war gave him national fam
sc Jay Cooke was one of her wealthy an
IL public spirated citizens modest, Ill
y pretending, Christian gentleman,
h whom every mission came, as 1t wer
n directly from God, and was performt
lie with an humble reliance upon God
I'd VIII. lie organized and systematic,
he and developed the loan, and in the vel
I'd depths OF national distress, when I'll
d. dolorous voices of worldly-wisemt
n. were filing the land with clamor
r succeeded in negotiating the five-twen
at loan, That triumph was as brilliant
ly its way as the fall of Richmond. aud
~ Enstities US in comparing the simpl
re minded Christian gentleman who sits
haat- -.