Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-10-23
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4 FuNANVQAR CoAso.
The I'll , Of the tunes are oecoming in {
malicious. Breakers art evidently shssd 4
our na.io.d ~ "A Spirit a reckless
z.ravakspes n prevailing sAsSashsue Tie
puots,. ski(h Il ID soon serted, win fe-
ult in disastrous ruin, 10 all. People APP
ear to hve fosg the presssts snd for the
resent only. The late war has sntsiled |
,asy crying evils upon vs., and conspicuous
mong them Is this pursuit VI luxuvy-tbis
nxisty for display Of wealth, which lie
ems 10 no msndatss Of reason. and regards
70 con.equsnccr, however deplossbls shey
nay b. Such IN unwiss and iopolisic
'pisi. % natural resell Of long period Of |
mr. and intense excitement, but In our pre-
mt csss. tn ssil proceeds from variety
Of other causs& Chief sooag these, 10 the
depreciation Of our currency. There can
b no other e1plAdation Of the exorbitsacy
Of prices. Labor 10 in abundance, but still
commands the best Of rates. Seemingly
~ ore enjoying wonderful degree ofpros-
psfity. while ID reality We arcthrcstened with
great financial distress. Our minds have been
too much occupied With the events o. the
last four years. - view everything u cao-
didly and coolly ~ We shonld have done,
but We are now recovering from our pas
sions and excitement. and should hasten TO
attend to matters Of importance. which We
have too long neglected. The fact IL, VI
have too much money in circulation. To
have small smount in circulation il bad
enough, but II we do not loox to this matter
"a tihe, ~ will End that too much il far
worse. The exorbitant prices which every
article. Staple or luxurious, now commands,
indicate that the finances Of our country are
in . per,lous condition. Our money 10 est
mated 1t value which. II really does not
possess. We have more Of Il 10 ciscolstiop
than We need for legitimate purposes, and
wha' We do not need, and cannot make use
Of Otherwise, is hazarded in wild and reck
less speculations. The United States are
the best markets in the world for foreign
neods and manufactures, which must DO set
tlsd for in coin, and to offset this 10 have
but little worth mentioning. The longer
this imitation Of our circulating medium con-
tinuea, the more difficult will be the RENE
dy, and the more terrific the crash, il it
cannot be averted. We have but one reli-
able way Of saving the country from sue
cess,cn Of financial revulsions. Our cur
rency must be brought nearer to . specie
standard, by withdrawal from circulation
efthe excess which We cannot reasonably
make use Of IfCongress makes provisions
q its next session for doing this, and il is
ct once commenced in cautious and bust
ness like manner, the storm Of bankruptcy
may be avertcd without serious loss to pru
dent snd nor orahle Investments. The gold
spectators Of Wall street will undoubtedly
fight the project with might and main, but
they have too long triiled with the most
sacred intrests Of the nation 10 stand for any
length Of time, in opposition to the will Of
The people. II is earnestly to be hoped for.
that our statesm will he found equal to
the emergency.
TRLEoRAPnIC CnARGEs.-The New York
Times asks whether it ia not time that some
thing VAS done to popularise the telegraph!
The prices charged for the use Of it are per
fectly outrageous. On the Continent o
Europe one can send a message across ths
whole breadth Of Fran o for single iran
twenty cchts), while the shortest Gents.
from Albany to New York Goa is the most
There is no excuse for t'country. All the
profitable busines~fmous dividends, upon
lines are mak 'dve and ten times the cost Of
capit.s There is no reason why the pub.
thshould pay such outrageous prices for
the service. The cost Of work telegraph
is very small compared with a railroad or
anything else, yet the charges in proportion
ere much higher. This matter is beginning |
90 command good deal of public attention |
and will command more unless . remedy be |
speedily applied.
NsGRoPHoBIA PLAYED our.-The Hon.
Henry }. Raymond has come to the conclu-
sion that "the nation has done 20 much for |
the negro, and at such cost, that it does
not.feel called upon just now to do much |
more" And again: "rhere can be no doubt
that the country is tired and disgusted with
the extreme aud extrayagant style in which |
the claims Of the negro have been pressed
He see an indication in the late Connecticut |
election that reaction has begun, the re
suits Of which will probably satisfy party
leaders that it is not always safe to insert
new planks in party PLATFORM"
Souru CAnoLrNA.-One of the prominent
meml'ess Of The South Carolina State Con-
vsntion, recently In session. was Gen. Nc
0owsn. one Of the brsvcst rebel officers. In
speech before that body. he said: ut 10
not true that South Carolina carried das.
gsr uaoprnesth her yes ments. She vent
out Of the Union with On open hand and an
open heart, and she is going back into the
Union With an open hand and an open heart.
She has lost oil her material resources, but
ehe has not Loaf her honor; and she returns
TO the siaterhood If States, with full deter
m'na'ion 70 Be true and loyal in word and
deed"
II aAs frequently been charged upon See.
Rotary Stanton. that he would not exchange
the Andersonville prisoners on account Of
me refusal Of the rebels to recognise negroes
9 prisoners Of war. This has been a. Of
se" disputed BY the radical press. But We |
nave ~ length an avowal Of that fact from
= source that will hardly be questioned.-i
Vn the Writ trial the other DAY. :" Major