The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1866-01-03
IF,anything would reconcile the Dem

past position as opponents OF sectional
party, whose insanity bred the terrible
war through which we have passed, and
whose malignant hatred of the South is
the only bar to a speedy restoration OF
union and fellowship with its people, it
is the alarming financial condition of the
country. Our condition financially may
be likened to that of some vast Metro
politan hotel, whose guests are employed
and concerned only in dressing, feasting,
drinking aud enjoying the fictitious rep
reservations of the drama, while a
smouldering fire in some vital part OF the
building threatens guests and property
with destruction. The great mass OF the
people have not the slightest conception
of their real condition, mystifed as it
has beea by assurances like Mr. Stewards
that we are the richer for the war, and
by the fact of the great abundance OF
What is called money
A set OF fanatieal, uneasy and igno-
rant, OF malignant and ambitious men
called by some admiring Jealous.
statesmen -contrived to get up sec
tioual party, ostensibly for righting the
wrongs Of the poor negro and prevent
ing the extension of slavery, but IN fact
to pick quarrel with the people OF the
South, for the ultimate abolition OF sla-
verv Another set oi equally ignorant,
fanatical, or ambitious men, secession
lists, auxions fer tight, picked up the
gauntlet thus thrown down by the sec
tl0nal party Of the North, and despite the
honest and peaceful desires of the great
mass of the people, North and South, the
country was precipitated into most
bloody ana expensive war.
Tie anziously sought for quarrel hay-
ing commented the great statesmen OF
the ruling party were compelled 10 raise
men and means for the prosecution OF the
war The deasure Of their ,eompreben-
sion OF the var which followed their de-
sire for a little blood letting IS found
III their irsr preparation tor The conflict
- 900 men to crush the rebellion, and
the temporary expedients which they re
sorted to to raise money. Noprompt and
veil arranged plans to raise money and
sustain the public credit were adopted
at the commencement Ot the VAL, aud eN-
erytLiug vent along at loose ends under
the able ana highly iaud>d hnapCial
agents OF the government. Meahwhiie
the var assumed gigantic proportions,
and party and political necessity, as we'll
as the Object JCr igi.ci Il trns c20lmeacsa-
tic abolition Of 1larGy- required ITS con
tinuance Aside from the immense e1
penditures for the army and navy, 4
large amount was necessary Tor the pa
triotic hangers-ou, party whippers-in,
agents, spies. informers and a vast
swarm of officials were let Rosemary
of them without character or qualinca-
tions-to prey upon the honest industry
of the country. Was a vessel nccessai :
for thegovornmont2 The.agent bought
or chartered i Of political favorite at
an enormous tate above its value Was
q tax to he levied upon whisky The
ring" was duly informed, the whisky
was bought up in immense quantities,
the tax was heavily laid upon the subse'
quent production, and the patriots OF
the ring had whisky to sell, and did sell
it at the advance of the tax.
Meanwhile the financial agents of the
government were from time to time rails
ing money by mortgaging the property
and pledging the resources of the coun'
try, and selling these securities, some
times at less than forty cents upon the
dollar in gold At the same time an ire
deemable paper currency, consisting OF
shinplasters, greenbacks, compound IN
terest notes, certificates of Indebtedness,
&c, have been foisted upon the country,
which, in addition to he paper OF State,
and National Bauks-none of which Is
convertible into the standard currency
of the world, except at ruinous dis
couut-has swollen to such an enormous
amount that the great question OF the
hour is how it can be retired or funded
without precipitating such financial
crash as to topple government aud PEG
pie into involuntary bankruptcy. upor
this subject both the Comptroller of tut
Currency and the Secretary OF the Treas
ury speak with dated breath.
This redundant circulation OF papel
has misled the people. into the fatal delu
sion that they are growing rich with al
unparalleled rapidity The shrewd pc
litical managers and fnanciers of the
dominant party have cunningly mort
gagged, irredeemably, the whole real es
tate of the country, and have pledged
the hard indu stry of the people in thu
long future. and having got the mort
gage and pledged industry shaved,
they have pocketed large amount o
the proceeds themselves and have reck
lessly thrown the balance into the hands