The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1866-01-16

We are importing far beyond our ability to
pay. 1t is some consolation to lnow that
those foreign houses, who encourage our ex-
tensive traffic in fnery will be called upon to
suffer with US.
That crash will come is now certain and
we presume unavoidable. Men may buy be-
yond their means for time; but the secret is
sure to pop out, and in about nine cases out
of ten it will come out when least expected,
and least welcome. Those who keep out OF
debt and avoid speculation, and other unusu-
ally rapid means of becoming rich, will have
occasion to be thankful for it, and fof COM
mending their prudence and foresight in so
doing. When we learn to live within our
means and to use home made goods, we shall
be able to get on smoothly. That the next
panic, as it seems it must come, may be the
means of teaching us this, so that we will not
forget it, is earnestly to be hoped. 1t will
then have served one good purpose, at least.
General inactivity prevails during the hol-
idays.
WASHINGTON, Jan. A, 1865.
The New Year celebration in this city has
passed off quietly. The weather has been
bad. Nearly everybody got VERY
drunk on Christmas, but they have been
favored with an appropriate season in which
to do penance. An election was held here
in December, at which time those opposed to
Negro Suffrage in this District, expressed
their dissent by voting-those in favor Of
rendering the right to vote to all men without
regard to color, having represented their views
by written memorials bearing their names,
and presented to Congress by Messrs. Wilson
and Sumner. Some wealthy citizens of Che
District have petitioned to the Supreme Court
thereof, praying that an injunction may issue
restraining the Mayor and Common Council
from paying the costs of that Election. Mr..
VIM. A Cook appears for the petitioners and
that they are heavy taxpayers and
very much averse to seeing their money
fooled away. The learned counsel for the
petitioners further argues that many of the
voters at the Election aforesaid can write, and
that the proper way would have been to sign
a petition as numerOusly as they pleased. and
send it to Congress. This certainly would
have been far cheaper. No decision in the
case has yet been rendered.
In Alexandria, those opposed to Negro
Suffrage have indicated their chivalric oppo-
sition by falling at the darbies pell nell, with
knives, pistols and other weapons: The re-
suit is, they have gotten themselves into a
scrape. On getting sober, they found them
selves in the hands of the Yankee soldiers :;
and bad the pleasure to hear that Military
Commission was to be appointed to see to
their cases.
1t has been rumored here for some time
that Chief Justice Chase is not willing that
Mr.. Davis should be tried in the United States
Court for the Eastern District of Virginia, on
account of the occupation of that Territory by
the Military. There doubtless is, in the minds
set aversion to military rule. a speedy re-
turn to FLAW and order" is very desirable
but the Chief Justice would seem 70 be more
nice than wise in this instance, and instead
Of Fastening forward the return of the Nation
to the old ways he may be the means or de-
laying that wished for time indefinitely
AS the time approaches for the re-assem-
bling of Congress the members elect from the
States come focking in force. 1t
will crafty their friends to learn that they
possess a rare endowment of patience and
as this quality will come into requistion con-
sderably for the next year or two, it is for
tuuate that they have been so literally gifted.
We venture to hope, and we think not with
out reason, that an exception to the general
course will be made in favor of those sections
whose peope have had the good sense-and
great kindness, to elect loyal men to come
here-men who, in the South, have withstocd
the storm Of faction, maintaining their loyalty
against odds, challenge our unqualified ad-
mIratlon. Men who have failed TO come up
to the full standard of manhood, but who
have basely endeayored to turn the madness
of the weak and ignorant to their own ad-
vantage, and who have rushed headiong into
treason should be trowned down, execrated,
kept out in the cold-if for no other reason,
out of regard for their unfortunate constitu-
ency.
The reports of the various Cabinet officers
present at least two very noticeable features
the proposition by the head of the Post Office
Department to make that branch of the Gov
ernment self-sustaining and by the Secretary
of the Treasury, to reduce the volume of the
currency, and return as soon as the business
interests of the country will admit, to specie
basis. GAS soon as the business interests of
the country will admit y is rather Indefinite .