Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-04-07

: - - - II f Il 49, 49, @0oDs
49, lG3na ta6mlioa Il he abolition
Dmov to<1N&up rpr0nnsntly Upon The ma
~ ~ p01fanl6, Whess monstross evils
~ ~ ~ SkioUAR ond centrUl OF legis-
~ 80 S16tt question directly or IN
GlSt(y U oceinS them. Our dies WI Dear
v1ne;a = ~ easnessness With which We
M ng&1eoted against the national banking
- Devised 81 Mr.. Chase. and which
" k1rsadv driven from the field our state
S6Fn. T'he bold and confident tone IN
IA thsss bold institutions nsve Ne
unnAed from congress legislation w"'en
ohouh csnah their competitors. ana ."e
willingness evinced by the pres'de"', 'nc
SECRETARY and comptroller OF the treasury
- BY congress. 70 place finances ana ous
iGrre ~ The country under their manage
ssst snS ~ their disposal, forshadows 'ne
iaosasnce With which the power they "'''
anincd win DO used. ru,.rd
The manufacturers OF new bng'"""
hesked bv the entire abolition press. now
SDciare that protective tariffs necess''y
;mnoeed bv our immense debt, and that
FOR - indefinite period the policy which u
embraces must he continued. In the la'e
debate in the Senate ut Washington on
the proposal 70 reduce the tariff on pape'
western senator's Joined with eastern ones III
opposing the reduction, and took extreme
grounds in favor Of protection. This fact
shows either willingness on their part to
.sacriiice the interests Of their constituents
for Il 10 upon the west that The burdens
Of . protective tariff chiefly fall.--or de-
votion 70 their party which overbears oil
other consideration. The abolition party
oonunt live in antsgonism 70 New England,
any more than fountain can flow when its
source Of supply is shut off, IT. life do
ponds upon the inspiration and support Il
derives from Puritanism, and the ism will
make war upon any organization that re-
fuses to protect tho material interests Of its
disciples Its selfishness in this perhaps
10 not exceptional, but is the nation there
fore required to pay tribute to it,
The policy Of the democratic party in re-
lation to this subject is the policy Of the
nation, az opposed to that of manufacturers
We must have revision Of our tariff laws
We must have tariff for reye lue, and moi
for protection, and the facts and figures
must be 50 plainly presented to the people
that they can understand the distinction
The abolition press in the western states
united in demanding reduction in the du
y fpapcr, though it was careful not to MS
sail the doctrine Of high tariff. Precisel,
the same reasoning which shows the inus
tice Of granting to paper manufacturers
protection from competition will apply t.
manufactures Of nll kinds, and The press OF
that party must be driven to the extension
OF their argument ito all its logical and le
gal consequences"
Il is useless 10 quote Wavland, or Say,
or Adam Smith, or Stuart Mill. to polite
ians "hllcd with n divine aillatns," but
olain facts kept before the people will in
iluence their Judgements, if their interests
are affected by them, upon all questions,
save, perhaps, those connected with Amer
lean citizens Of African descent" II is true
that free trade has been demonstrated to be
true policy Of all governments, by standard
writers upon political economy, but Of what
avail to il the conclusive reasoning present
ed by them on this subject when the party
controlling the government insists upon
protection.
History rs full Of warning against cnor
nous irrcdeemablc issues of paper money
by governments, but what influence did
these warnings exert upon Mr. Chase and
what influence do they exert upon orr gov
srnment to-day when our paper money has
deprecated 10 less than half it's nomr al
values The system is still continued though
the government is on the verge Of bank
ruptcy, and tho war is continued which
compels the continuance of the system
though peace might have been attained, and
the Union restored, had the President con
vented 10 such = consumation Mt Hampto'
Roads. tits vain TO expect practical states
nanship from the party in power; and n
the negro question seems to be in process
Of settlement, by some of tho numberles
methods now brought to bear upon it. th
people NAV be induced TO listen TO subjcct
directly affecting themselves and their owl
interests. To them. and not to the presen
or next congress, must we appeal for decis
ion upon the grave financial question.
which are presented for consideration.
Let us ascertain # the nation is to he
bound and delivered to the national bank.
and New England manufacturers. Within
the past two weeks the New England pa
per makers have taken possession of ON
national senate and enforced n prohibition
or continuance ofone. agaipst the impor
tation Of paper, when the facts were thai
the paper mills in that section have cleared
q net profit OF from one to two hundred pen
cent. for the past two years The reopl,
must be made fully to understand that pro
lection in excluding competition advance.
the price Of manufactured articles. not
merely to the rate OF duty imposed. but Il
whatever the monopolsts choose to exact
the only limit being the possibility sales
Chiago Times