Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-03-25

AovnO CAurIousLY. The late downward
movement in the gold market brings com.
merce almost to = standstill. Buyers are
afraid to buy, and sellers ere 1t loss TO
know what 70 do about selling on the pres
ent gold basis. Wholesale business is At .
yer, low ebb, and 90 those who purchase
the commodities Of life At retail buy no more
than for the present necessities. Thegrest
est care and caution is being exercised on all
sides, from one end of the country to the
other.
But while this 10 eli we'll enough there is
really nothing to be feared in comparison 70
what there was eight years ego, when the
panic struck us. Then there was scarcely Z
merchant or abusiness man in our city, nor
yet farmer in the country, who was not
more or less involved-and it was generally
more. Noe the case is different: Mr.. A, B,
or G, in the merchandising line has been
mindful Of the uncertainty Of the high price
Of gold aud has taken care to get his debts
paid and to keep out Of debt; while the
farming population, the whole country over,
has been particularly successful in dis
charging its Indebtedness and instead OF
being bound down by mortgages and ham
pered with more land than they know how
to manage, have got their affairs straighten-
| ed up SO rs to be able to withstand the pet
ing storm Of adversely most edectually.
Eight years ago there wss a succession oi
failures throughout our city but as the
matter now stands we should be at loss to
know which mercantile house to look to for
failure in business. They almost invaria-
bly, buy for cash, and sell as they buy, and
currency might 90 down to par and still not
cause them to close their doors or make as
signments. As in the city SO it is in the
country. Many will lose, but they will be
losing their own, and not another's money
many are not so rich in the ordinary way Of
calculating wealth, but in fact they are just
about as well off as they were fore.
Business will be little stagnant for .
while in the jobbing departments Of trade,
but 'en that will be temporary. The mass
es have wants to be supplied, and money to
do it with, and trade will soon be as active
rs it was three weeks ago. The failures will
be mostly confined to spectators, and they
had reason to expect anything else but .
reverse. Keep cool, and let the market work
itself clear. There is no danger--the storm
will soon be Overland then it will be found
that it was not much ofa storm after all.
! L. S. SENATE.-The Editor Of the Davcn-
port Democrat facetiously offers himself as
| a candidate for the United States Senate,
rics Senator Harlan. II Dicks politics were
| al right, we don't know but that we should
| advocate his cause. We have one name
sake in the Senate. and if Dick were there
we should have another H. is Richard $
sou, and we are Dick S son. The names are
! identical, except that We are nick-named,
aud Richard isn't. Do you seey-Des
Noines Register.
Yea! verify much obliged. By the
way, sab rosa, we are Of the opinion tina,
Gov. Stone is in :lined to give us fair
show in this matter lie regards Price
kirkwood and Allison as dangerous rival
Of his in the political arena; while betweeT
us and himself no such feelings exist. Tn,
only real opposition we fear is from Mr.
Price. Now you see, friend Dixon, thi!
man Price has n strong hold upon bis party
in Iowa, and he has his eye on the .Guber
Material chair. lie had rather be Governor
in Iowa, than Senator Of the United States
on the principle laid down by Satan, tha
it is better to reign in hell than serve il
heaven. Now Gov Stone has no idea o
playing out at the expiration Of his frs
term, but will make use of every effort il
his power to secure his reelection To &c
Price cut of the way, he may tender hin
the vacant Senatorship; and it may be &C
cepted. If Mr.. Price should not accep
then we stand the next best chance. Yo,
see how we stand and if you can't help u
don't help our opponents, and if We shoul,
happen to win We will see that you have
first class mission and that is more thai
either Of the others would do for you.
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