The Plymouth weekly Democrat. (Plymouth, Ind.) 1860-1869, 1865-12-21
krrD>D. cts ia s'iss;a-.slai E1Csis a.
lion.
TFrom the Cincinnati Enouircr.1


public economy in general are thoSe OF the
late Wing party modified and meliora' cd
however. cyiden;ly, by conclusions drawn
from reading and his own experience. In
his reortit it WAS p,oper for him. OF course.
/ t. nut ON the best face that the circumstances
+ would admit upon ou~ financial condition.
shd 10 Give what encouragement he rca-
sonally could, that the currency might be
reduced, the national debt PAID, and the
specie standard restored, without general
bankruptcy and an overwhelming ,eyul-
TN While we DO not agree with him
.iroa lie question of the right Of the Uni
ted ,tates Government, under any cir
+ Gums t.,nccs to issue notes for circulation.
Ecr gn-n Is power 10 ni:yhe l.. own or any
other paper : legal tender IN business
actions. We 90 agree with h!m IN MS
v,cws ;oUch;ng the necessity Of retrench
nlent. the obligation TO return Il, soon as
rossibie 10 q currency Of gold AMI silver
and oi convertible paper, and OF the use
iessress oftho National Banking establish
ment. Iha; nc presents The most rational
plan Of paruent OF the national deb'. aud
the one which offers the nearest approach
to a prospect of paying it without general
distress, afforded by our condition, We are
inclined to believe.
But tie Secretary o? the Treasury is the
representative ola progress IN financial
IDEAS very much i'll advance OF the average
of his rarty, and probably of. the average
Of the American people. The credit which
is due to hitu ;s Il finamcicr viii hardly be
accorded in Congress as it IS at present
composed, or in any that is likely IT,
assemble un1er thc dominaacyoi the party
70 which he belongs We do not see the
evidence Of aiiy impression made upon the
uc'.ber> Of thet body 10y his jul;cicu-
Suggestions and recommendations not
even 10 ihe extent Of conception that the
subject Of the finances is now the most I'M
por;aat Of any that can einpioy their
til r.hts. 1--we had the Secretary OF the
Treasurer fora financial dictator, We should
&c assured the bet piio,ac al which the
case would aGnt to take the country
through the cr:si, Wh.ch Il is approaching
b,t under Congress. We have more reason
70 expect the worst han the best measure
the mos. UH>tallc than The most stable
policy. To the average incmber Of Con
s:re,s, political economy is a mystery, and
finance an enigma, which he could hardly
penetrate If he would, and which he is
destitute Of the taste and the cons!ancy to
undertake. lie iceis himself to be the rep
resentatye oi' some local OF class in crest;
which his own requires him to protect
The primary end oi his public iabors is to
secure his own reelection. The end of
his policy is, as iac Us in HIM iie<. to take
the burden from the interests of Iii,
constituents. and to crst them upon others
ana rs. ior this purpose. he finds general
principles in, onyenIent, he desires to
know as l;t'le ;.s possible ab)u them.
From what has thus tar appeared, il
seems probable that a "rcaier portion Of
the time and labor cf Coa .re~s vii be
devoted to the less abstru>e business OF
haranguins and resolving about thc ne
erocs than III dciibcratin., upon the fin III
cial condition ami wants %! the county
Several Years Of assiduous exercise ha>
brought The intellect ct the party in power
to state in which it works easily and
spontaneously in the African direction
This specialization Of the political mind
While it may be exceedingly happy for those
vino are It's particular objects, does NOT
promise 50 much for those matters which
are outside Its circle OF IDEAS. While
devoting himself to the interests Of hu
manity at large-;ll of which are now con
centrated in and represented By the fyeel>
man the member o. Congress gains re-
lease from those questions which might
otherwise bceet divisions in the constitu~
ent body, and thus. at once illustrates his
patriotism and insurcs himself.
Philosophers divide ,hurian knowledge
in respect TO It's entertainments, in.o two
species that Which is merely aSscntcd to.
as an act OF the intellect. and that which is
accepted and becomes Il moral rule 4, I con
duct and Obligation Thus the negro OF
the South asScn;s to the doctrine that he
ought to work, but he does not work
nevertheless E; and thus the member OF Con
grcss will admit that it is his first du'y t.
deliberate and labor upon those subjects
which are. for the time being, most essen
tial 70 the general prosperity; but he will
not 50 labor and deliberate This
ndisrosition is practical incapacty. in
boil. cases alike. The hands of the negro
revolt from employment. because he is
prcoccupicd with spirit Of laznc.s; the
uind of the politician glances oil from
matters of public economy, because it it l.
full Of notions about the unity oil the
human race and negro elevation.
1t. in order 10 pay The public iebt, there
was to be only appropriation, the matter
would not be very difficult but there is to
he taxation and upon the subject OF tax
alton there is much to be done and consil-
cred. The party in power we believe
agrees pretty generally upon one PROPOSE
ton; that the preeeat system IS bad. un
just, cumbrous. oppressive and expensive
Here, however, we believe the agreement
comes to an end and in rcsrec, to that
which should he substituted for it, there is
about as much diversity as the ease will
admit How taxes should be levied. what
principle should be observed IN their as
sessmcnt-whe her they should be levied
upon property, upon capital, upon income,
upon sales exports imports or productions