Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1867-09-06

, During the past w" eai' We h''o "cos"
many complaints because rents were hish.
I There are many in our city who would like
10 see n different state cf things. Do these
men ever stop to give q reason why tcne-
merts are scarce. why building does not
keer pace with The increase Of population ?
Y'c fear they DO MT folly comprehend that
Under our financial system there is 10 IN
duremeni - heill houses 10 rent, because
Of tie alsost absolute certainty tina. when
We return 70 specie basis and foTmr
/ 2 ICES, rents wii, Mt pay the intcres, On
tie cost of ou ding a. present prices 4 ID.
f, btr and materials, enhanced IS they are By
initiation and Internal taxes.
Capitalists prefer I, invest in government
securities exempt from all taxes, rather than
in building houses 90 be Immediately sub
ectcd TO sD annual tax Of TWO MD uALr
PER CENT, with the prospect of loss OF re-
turns on the investment 10 the future.
The ef.ct 10 hard upon the poor, for i;
enables the owners Of 'enenents to exact
any rent they please. The taxes. too, are
included Of course, in the rent. and paid by
| the tenant.
1t is also a fact with large msjority Of
our farmers, that il their buildings were to
be burned, the cost Of rebuilding, at pres
ent prices Of labor and materials would be
more than tho farms and buildings atogeth-
cr would bring when we return to staple
prices.
And IS there no remedy for this, The
thinking man will now see that if the self
preservation Of the nation depended upon
not taxing government bonds when they
we're gwen, that its continued self. preser-
vation demands that they DO taxed nov.
Letter from Thnd. Stevens
We desire = put before our readers re.
mar kabe letter from Thad. Stevens upon
the reconstruction question-a bold defence
Of the unconstitutional acts, etc, Of Cons
gress
LANCASTER, Pa, Aug. 20, 1867.
Col. SAMUEL SuocK, Columbia, Pa.
Dear SIR You are night in supposing
that Congress made mistakes, 40 10 the in.
|. eyitab.e lot oil msn but you mistake in
surprising that there is any law ~ prohibit
the removal Of the district commanders
without the consent Of the Senate.
Soon after the commencement Of the last
, sess on OF Congress reported bill from
The committee OF the House Of Represents
lives, which contained = provision prohiblt-
ing their removal without the consent Of
, the Senate. II passed the House, and was
sent 10 the Senate, The Senate strucl II
out aud returned II 70 the House, who re.
fused to concur in the ancndmt Mt The
result was . committee Of conference,
where All an:matcd contest ensued. There
= were several other questions In controversy
between the two houses, which the House
ui,er,d to yield II tins could be granted.
The Senate persey. ringly refused, declai il Z
o that they would sooner lose the bill As
: tha, would Illustrate all our legislation, il
c~uld not be allowed. The House yielded,
with u warning of the evils 1t would iuh CT
e W ~ the country. Some of the member.
: III the senate sectned 10 doubt their pow
a inder the Con-,ltpfion winch they lad las,
~, repcdlat, d. aud whel outs,te VI win h
lgt.,d that wc were acting, tlss vur vi 0 I
4 vek If reconstruct, II Wa> usnriaunr o.,
IA chars, they nad n desire To IL thou ,ht /,
= G gtav.ly cons gatyc aud maglAuiinou-
, l0tse IIeas 4rcmcd 10 control the action al
e tnr hAlt 4 zet Senator's who l,ettri,o
- reStjng tie p.erid,ni.
- y, dear crionti, a cw Senators 6f greti
tod Is. uudonbtfJ pa,riotl-in ant putf' -.
n ls,c b cpme 50 saturated with what "a
re p,ea>,a u catl constryafi n-wh"s.
al,a iug confes, am uuablr 10 urf'tr
.tapd-- that | i,ar they VIII forge he ,noi.'
NJ .ttl that was lam ~ l,tl aah ugalB u
= 1881 nt.d wll. tau. do great damage to iii
t,atin4s 81 T. eu,rtnment uow s. capable
~ beng c ,ntcrtd INTO political para ii-c
Z Tins Is ial 4 a. hspten. not 50 much by
direct and palpnb'e attack upon It's irsme'
work, A. 10y gradu,.iy rgc,,ing the vita
), rnoipics Of the Dsc'arsttn II lndepen'
dence. Strike out one Of the living spark
:" which Civ lie 10 our Goddess o! Liberty
lc AID the my slcrieus aud Intense hcat who's,
Is veldiug tires, near century ago, and n
), PRESENT, are ilsiug the principles sud re.
dnciny despotism IL Q cipder. will gradual
)" Is cool, until the most conservative d. spo
~ could thrust its sword into /, without 81,
\ reetng its temper.
-, have said above TINT did not know In,
meaning OF conservatism. | have since
y seen the report Of speech, said 10 have
IS been made made by An Ohio Senator, Il,
! Canton. Ohio, which, il il be truly report
4, ell, aud Is to be considered. ss n declara.
ton 81 that doctrine, then il. to me. is very
= ala,mins-worsc than apprehension. Ii
I Z leg station without authority, aud recon.
/ struction hy usurrntion.
e am, very respectfully,
Your ooedicnt servant,
TuAnDFrs STEVENS