Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1866-08-02

- ~ 0oC0DD SuUONs ssossSvs
; fMUnzsN : kvcAsa0. =. .Au0. >.
,ne a FINANCIAL Co1oo0s
IT. Aetioue ed evolutionary cssse
uhieA marked ths lass sssaisn q Csagss
nsas, Il psssisssd IN. result IN > rssssss
Anascisl ssisis. Wishssapsing NJ -
sysude Of sus sasisssl dsbs. che paesse
credit vas sustained ,brossh'ss The sas y
: ,.ssd.nce II The olsiusas triumph y ne
q vsmasss own ~ ss6vlliss, - rsssls An
. tissl sss.euuoa Of shs Unisa, in wss5A
event The rccupsrasiss pswss II ~ nasi~
assassd v fall aelivity By ~ sssuopeiea
Il istssssisl pusssits In every session.
weuld ssoa enable Il 10 sseovss iron 10
temporary prostitution. healing the wounds
sfwar - esoplsteiy that scarcely . scar
wUull ssaaia, = . cruel remisdsr = ~
terrible struggle ~ bavs ssss through
But Cepersss sseusd dssssminsd 70 ssm'
plsse he unfinished work Of the rebellion,
and 70 prscipitats ths ruin which might -
easily have been svsrted BY wise and judi.
cious action. A ha0an body. one side Of
which !. pAralissd, can not b ezpseted 70
accomplish mach yet Cosgrsss proposed
10 retain for On indeaaise time-perhaps
fsrsvsr--a msAaial part Of our Territory In
. disergsniasd and paralylsd state. tsrs
and racked with ell tho clsoents Of disso>
lutien, without even the power q sloughs
,ng q from ~ msin boy. Producing
nothing. contributing nothing 70 The wealth
q The coustry, distrsessd BY turmoil and
sonfasisn, il 10 proposed 70 retain these
hsessefers rsbsllious but now sspsaAst
States 10 On uade0ssd condition Of vassal-
sgs, subject 70 the arbitrary power Of star
chamber dissssssy, ssd lhs plumber Of rs
creatures. Il Il 70 the advantage Of the
North a. veil - 70 the South that . full
aud complsts restoration Of the Union
should be effected, end The public credit
cannot DC maintained without il. In its
prsssat position the vest resources Of the
South are lost to tho country. aud the ele>
msnts Of wealth 10 her cotton fields remain
unfruitful. Capital shuns localities where
civil Law 10 subject 10 tho military.
Capital will not seek investment IN the
South until her old relations win the Union
ere rs-established.
Nes 10 the evil influences Of tho disor.
ganized condition Of affairs conilasd 10 the
South. The Nssth ssslsh, and will con
tinss 70 feel Il unless Ceasress 10 thwastsd
10 its diabolical policy, until . general pros.
tsation Of our commercial and industria
interests is brought about, followed By
. rcvulsion that will sweep every radical
from tho tate Of the earth. politically speaks
ing. -sf-s
The radicals profess great anxiety about
the ssnssity Of tae :publis debt, while. 1t
the sans dine, they ars pursaiag policy
which 10 rapidly undermining the founda-
tioa q the public credit. Already the
woskings Of their destructive policy are
manifsst In . prsccptibls distrust aaaeng
WoneYed men Of Government sccurities.-
In Tie darkest days Of the rebellion this
distrust vas not 90 marked nor so danger
GUS - now. Capitalists are beginning to
seek invsstments in teal estate, rather than
in 0evsrnmsnt securities.
Il 10 not necessary to dilate upon the
horrors Of financial collapse. People Who
have padgei through seasons al sore finan-
eial trouble will readily understand shat 10
mean by financial crisis. But lvhen y
. general prosssation Of business Is sspss-
sddsi the weight Il onsrous taaeaion, sssh
- was.nsvsr bsfprs known in thin susatsy, !
people may we'll be excused u they aanifest
symptoms Of alarm, and it 10 the part Of
wisdom, foresight and sagacisy 10 use all
means within their power to avert the
threatened calamity. Let tho tax payers Of
the Union, speak With no usecrtain voice in
the approaching election. Lot them vote foe
the restoration Of the Union. and the ~
turn Of peace and prosperity TO our die
tractoi country. Let them, by their votes,
proclaim that the welfare Of The white pop
ulssion Of these United States L. . matter Of
more Importance than the political and 80
cial elevation OF four millions Of negroes.
%
Wendell Phillips. the actual head Of
Rad'cslism, appesls to the clergy OF the
North to rouse the people 10 opposition 10
the Predsient. Here is . specimen Of The
sentiments be uttsrs, sentiments which are
alike indamatory and revolutionary
Clcrgymcn Of the North, beg you to re-
alixc that the nations opportunity still
continues that hous which demands alb
solute Justice - our only safety, and holds
the nations heart ready for The work. hae
not ended. Politicians, when the ssoeu Of
1861 started one moment out Il their ss,C>
seeking. are settling beck again into their
old cunning schemes for psrpetuatins their
own power. Knowing we'll what tie 10.
tons heart requires, they sesl their lips.
and treating it like siek child, offer Il only
what they think IL unstrung nerves viii
bear without frstting against the physician
Meanwhile. over the heads Of these games
sers In the Capitol . gathering . 61aekss
clsud than that Of 1861. Bsaeaah ~
beard On which these Republicans and ~.
Dcratis srs thrswinooairo, hsavso alpoody.
the volcano Of 1891. Uals0 ~ people ere
Asrned into vigilsucs. 1868 will repeat 1861
IN 'er the Iced Of moro dangerous traitor
than Buchsnan since. saliehlsued b. tibet
dswdler's sCrsrisnos, Jshneen knows how
70 strike more decisive blow. lndssi, |