Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1865-05-23
the PUBLIC DtBr.


The return Of peace forces upon the nation the
consideration Of the polIey to be adopted in sd-
justing and liquidating the public deb, The
Mains which govern in the successful manage
meut OF private business .fsirs equally appli-
cable 10 the administration Of the financial policy
Of the nation. An individual ~ho-e yearly Ell
pendi'ures exceed he income Gill in the end er
baust bis capital and become in-olVent. A nation
that IL annually compelled to borrow TO meet its
yearly Deficiencies. adds not only to lie emb1-
Easements and the burdens it l. compelled to i'm
pose upon the citizen bu; -iil IN the end become
bsnkrupt. II the public debt il 10 be paid. the
revenues OF the government must be 80 adjusted
a. not only TO NEE. the current public eIpendi-
tures, but enough more should be raised TO CON
mence. at least. the liquidation Of iu funded
debt We are at peace aud the first duty OF the
Administration is 10 reduce the expenditures to
the lowest practicable point. xnd the next is 20
provide q revenue which Gill stop the further ~
crease Of the n 4tioDal debt. These are the prob
lens nov 20 be solve BY stalemanship. and it
will require ability aud sagscry Of the highes t
Order 10 arrange a revenue system which will
be eqnsl and just. and q, the same time ample
for the end 10 vlew. Care should be taken in 50
doing that burdens are not imposed upon any
class. or interest to the advantage of others
that one intere.. should not be built up at the
cost Of others.
The war has settled some questions which
have been disturbing elements in politics.
Slavery Is dead IL cannot be again resurrected
into an i.sue lie, the dead bury the dead The
status Of the negro will, however. be an issue.
Already IL is provoking discussion Chief Jus
tice CHAsE is reported TO have said that the right
of suffrage must be conferred upon the black
race In Tennessee. while slavery is abolished
the negro is not invested With political equality
and the laws in reference to him more severe
than those in this State. and they have been de-
snounced as almost birbarous by the negro phi
lanthropists The tact is. the mass OF the black
race in the 80 called slave States are not fit for
ductve To them aud he State by some coercive
agency The industry Of the country must raise
not only the revenue 20 meet the public eIpend
itures, but 20 lessen the faaded debt; hence the
labor Of all. black as we'll az white. must be
placed under contribution. 10 this view of the
case. the future status Of the negro will have
an important bearing upon the public deaf ques
ton.
Even the most thoughtless cannot fail to per
cieve that many OF the issues which have here
tofore divided political parties will again become
separating party lines OF course there vii be
new questions involved. and one of vast impor =
lance will be the reconstructon or restoration 81
the States which have been in rebellion. but the
absorbing issue will tie the financial policy OF
the Government. which embraces the tariff.
currency aud internal revenue system and in
determining IL the principles and measures which
have distinguished the great opposing part e.
from the formation Of the union will again d.
vide the country.