, 1865-06-20

tuatc them, IN the hope thst they will aid in the
solution ct doubts and fears at to the 1nans,al
future Of our county, and impress tho public
with true conception Of the real benedceut
working Of The National Debt.
jar COOKE.
NATIONAL DIET or TIN FIVE GREAT FowERs.
The five prtat powers If the world tava each a
this .ustiiatoo was Dot iEc!de.ta to the CROWN
and deyelcpuebt Of Statcs. II Wsg the coDtfsva-ce
Of the p7sc,fc.l franeiers WIG ehare government
With Rrlutct and soldiers the c1ses Of Da1lon,
1t!c, sun who accept gladly, % tn economical
cood. Fhat provtdence iase'J seemed 10 the IN.
e.l'shlened to have sast pPon 'he.. countries a
permanent fndehtednes OF Great Britain. F1sn:e, M
s1.sls. 4uetrsa mud the Unit. d sta1cs OF the bur
CIR Of ths tn'e'sst o. .hs h. dsrt @ Of each GuveEn
population OF each. ard Of the ratio OF the tnte,
retr 10 the surua' psoductior Of ths lye couos.es
respectively:
t,es: i1t ts5 toan \
Franc. n;ss IL 's!;;s;s sss Il sss.s
S?:s F. s 5SSs;s Il s. s. j, % $ - i;
Our sbi!ny to pay our Var Debt hsE been de-
non.trataa By IN exhibit Of lhs resources Of the
Ftnsncla! Department of ihe government have
fhown that Tbs Custors Revenues u the United
Sistes. the E1cse apu internal Taxes, our min
eEai regions scarcely YET opened, orr two millions
VI acr. uf petroleum ~rastA-pur ubAoId public
lanet, s:d tie certain growth Of the County IN
popnsti.D, sna .he sqnaA, certain increase of its
o.st 70 het last do1tar vi hin twea,, .aTe years,
And this debt will ee discharged if'hc people 20
ordn'n IT, pay ment. or Its retention uupuiI, ts
MATTER Tor tue ptople to decide. 1t is their 'Iebs
to discharge, ifit br a burden. 1t is their uebt
TO pcrpetu7te, II It be good.
AMERICAN And Ds1r1sH DENT COMPARED,
We lsy down the proportion th4t our n ,ttoual
Debt. made re1msIent and rightly managed, VIII
' Tic interest of III deb, only becomes ,be us,.
su1e Of it, burden. Great Bsiti,n do.s owe to
Crest Br1t..n confetsed'y $l,0ol00t con. But
fspet meht, Great Britain owes TO Great pFltsIn
oDy x!s7 Gu t00a year. And thst ID verT ttn III
i. bit for the prpp.iusafs ami woIkmen Of the
It's sitf1,na;iye fn.den /. but s,s9 a. q i5 hes5.
which II Tot ssae.std IN psJ csy per csptt1. but
ia jntsly sprert1oned. the larger eh3re upon the
ps9o11st'oss Of @ aes Wofxshop. nna the smslst Il
practically atI hnaecislIy L. a ftir statement ot
he nature aEa burden OF The much TALKED OF
Such, too. shuuld he he regard OF our debt.
The Etlted Ststcs nil u~e mostly to the penple
ot,the utited State. FIGS, COO a yelr I'nv
6o1dsn n.m.nsly = tss:7a nRon every s..zen, and
Great Britain, vii. eveiy yeat sfap dly dtolnlsh
by The rapid iDcseese Of ons popall Lon By imr1i.
grafton sna natu.sl growth. srd ~ inc sap,d auz-
blessings of our WIZ, VIII ptoHahlJ oe th- II nj
ter OF the Workshop Of the World froa ENGLAND
to Amt r4cL
WHAT HAs GIVEN ENGLAND HEn coaxEnc141.
FH{xaNEHcE. r
The Euelishnsn who hts :Eatrc0 IN three DEF
GENT ronsole 1t hi. BANKERS. md only ten guinea
in he pceke'. ard who gives a:seut to pEopo.as
i.isn5, hss 50. II c41h TO 70 Tito % ;hc optI.
Etitn. he knows that positively. The world
kpo"ett. tr'trt sonso.e are ca.h cspiisl. Totx
es1rat Be tont'ovei'ed. And the io1.oeo, 900
upstrJ snd ttmme1te OF Great Brstaln. For h.lt
= century this seetntoEly snd no inat ? huge and
hurdensone debt has serred to ytt.ltzs the manu-
saetu.1tr ard tr.ding sealous o. the English p.o-
be. a1d st woGef, MS e,1hlei the British to do
Tor that 1ers time the marine carrying for the
world, and II mike Tor tbs wo1lt 9th, iron,
csprsl, iLln-ed Into thr butiDtss OF England y!
tLr clnse OF beg 'wt nty.IWo Jesr. Var with th.
frer ch Rrrutl'c and Etuplic-a1aoet nlway of
roft-aceepted - Eosd into ali trIns.ctlons, was
tho stntce OF that pFodigious development Of me-
s5ap,sa na.y md sna of ws.th
the ba I nf Watrrloo to the commsul Of Tue
trace and hpatce7 Of the globc.f
HoT TIE BnlT1su pEnF HAS PROMOTED COMMERCE.
AND NAkEFACICREs.
,,y cftoc british people Va. not iheis iasuar -
pos}t.ou-lt wat rot thcI. co,ss nor their jron
stcne-thst gave Them supremacy m tho o.ean
~ @ 10 ne m9o1sy markets and trading ex.hinces
against II EN-. Their limited inlard { rritorT wss
EIfayosable to empi:e. Their want Of space ana
their climate FADE them dspe odert upon other
~ mtrchaDt'. manufacturers and money lrndert.
elmp.J hecanse their na'fon.l deb. added four
thousand 1cilllons Of enp;t7l to their previously
acquired wealth. and simply because tnis rust
infusion Of weaitb> which had every ba.iness
1iTtns OF tt.ndard coin. spu!rea the industry Of
The is!aDds dese'oped tts mineral Resources. In
rry Wh'ch epuD, woye a1d hammered for The
world, nnoerscld The world, and sent The world
70 London to ray debt atd to ro1row money
cot pe1maus Mt American debt of Fou. Thpusanj
Iii lion. give New Yotkt
The EnGlishnaa's eao,0e0 iu eousols are mo:t-
II 3lea
every coh ninc and every thip-a mortgage Of
record upon eveFJ mug Of beer held 10 tbS dst Of
~otkns taaeusnout rs kipeaona or
be people Of ali England. II Is ths na'ioaslisy
of th,s p5o9ise to pay; nseksd np b! the most
tlou, for Il 9 enforcement OF which the uhplo
pledged, .bst makes Bt!tish eonso!s the Iaquira-
tho four thousan mill n dollasa Ut British dcbt
an eddlsl u Of tour thousaud millions Of money
10 the Capital fhe Kingdom otherwise possessed
- e'+7 VI tAu!uE VI Tue tHt kuIys
1n1 zEpKrA1 Hosps-A POWERFUL STIMULATION
OF MANUFACTURING AND FARAIxa.
It II pre- rtct:e1y 20 With the war debt OF the
Onitt s1Ales. seyea.thtrties ars Byailab.e for
suy enterprise to which 1noccup!ad fhuda. unde.
veloptd m,ust. unes.ablt-hed arts and unselz d
commerce inFlte Amtr1cars. They are cash c4pl-
tai, literally. absolutely. and without feure OF
speech. Practically they arc c.sh in bank and
cssh IN pocket. The ar'idcla, suea.uzes Q. thcir
trtt1sut1n1, It tunes nomiGa Jy gave ctaaioo to
their worth bs they lie In tho bureau drawers Of
sa1me1s. But ia reality the depreciation Of Wall
etTcee docs pot wb!ttls OF the enc tnou*41dth
part Of ha't's hreadh from that worth. Those
fa1n5rs kIoW abat they sre frst bond and mort
RsRc upon al ,he untted 5'a.cs. and On ali the
I'm sld 'teir shldrens chl.aren. But whether
three per cent ato Q par or ono per cent above
Iar. holders Of this WIZ debt Of 81 co.. .etO, ,ot0
{ topyest It INTO ensh.
1hs Funded sebt q tho United stqte. is the
Cd ve lin Of the nsticn il i $3oo oS0 do sdded
to ae available active eap1tal. To pay this deb.
ibis wta afh would be an i1conceIysble great Nd
tionol m,.su time,
TIE AMERICAN DIET TO BE GREAT POLITICAL.
BALANCE WHEEL
II. This oIt ra'1onsl Was dent, ehnuld be held
furese. IN place as the political tic Of tha Status
snd t6e , bond forever q iEatesnal n.tionalty.
6nsn Eat ss' nobes so9nG9 ss e.stt esa sys T. II
2, ooo, ,c0o of peop,e lhs unity Of ferl'ns
a,t5pg f52 e,nis e o5 e t1 Il
Cnien bJ the Onion dent. nor Western states, nor
Southern S'ttes-states beyond the Rocky Noun
tiue, nor states BY The At'aotac Se1-S'ates tat
no1 efates tbst smelt and hammer, ran ever dad
Edurement in 81 ctlonaf interests to draw asunder
sche otnnr;et,rv fntara.t of ,ha r,.o,, ~ a.