The Elk advocate. [volume] (Ridgway, Elk Co., Pa.) 186?-1868, 1867-01-31
rriE IMP EACHhfENT.

The commercial and business centres
of the country are beginning to feel tho
effects Of the continued agitation on the
question Of impeachment Trade is
dropping, manufacturers are fearful OF
the future, ships arc lying at tho
| wharves wanting cargoes, and laborer5
arc seen in the streets without work.
There is an abundance OF capital, but u
| lack Of confidence. Men fear Congress.
They look upon that body as the solid
men, the true friends Of France did up.
on the Revolutionary Directory Of that
nation, as capable OF doing any ra.h and
suicidal decd. The Now York G}jjqqa
in noticing the Llogcment of Mr., Ash.
! ley looking to an impeachment Of the
! President, says: "ll Il necessity shall
be found to exist Tor impeachiug aud
ejccting from Office 4 President Of the
United States, we arc sure every con.
sidorate American will regard it as il
dcp!oIable necessity, one to bo avoided
if possible, and as long as possible. NJ
patriot viii wantonly or lightly shuka
the twin fabric. of public order anl
public credit" This is sensible view
Of tbe case, and it is strengthened by
the sensible remlr5s Of Mr.. Dodge,
Of Now York, in the National House Of
Representatives, who, in the course Of
speech In opposition 10 the impeach.
Iucnt programme, " doprccates it as be-
ing unfortunate in a political point Of
view, but vastly more unfortunate ia
paral lyzing tie industrial interests of the
country. lie mentioned the instance
Of charitable Institution OF New York
which had voted to invest its surplus
capital iu United States securities, but
that vote had been rcconsiderel on ac-
CONT Of the impeachment proposition,
and the president Of tie society was di-
reotel to deposit the amount in the
New York life and Mutual fund. So
it was in all branches Of business"
These are plain, practical views OF
this impeachment issue which the Rad
ioai leaders are determined 20 force up-
on the country. The deposition of
President Of the United States, by
Congress aud Senate representing only
a portion Of the States, 1T time when
mems passions are at fever heYt, is no
trifing matter. The election Of sue,
cessor by the votes of only twcntY.six
States is also calculated to add fuel to
the flame Of popular discomfort. Tho
masses will not be satisfied with an ar.
rangemeut which puts the majority at
; the mercy of the minority, AMI their
. discomfort may be expressed in such
} manner as to alarm the timid and
make thoughtful the rcsolGta Tho
, whole country will feel this violence
) done to the very foundation Of the gov
ernment, aud trade and business. public
; confidence and national credit, will suf
fer to Il degree little dreamed OF at the
: present time.
An impeachment Of the President
: under such circumstances as those at
tending the movement against Andrew
/ johnson, will "shaka the twin fabrics Of
public order and pQtlic credit foreign
countries will look with distru,t upon 4
nation which thus allows uuprincipIcl
! and schcming politicians to squandor its
rich inheritance Of liberty, order AMI
constitutional law; and foreign creditors
will begin to call in the moneys theY
have invested in United States securi
ties. The possibility Of impeachment,
= opening up questions Of q more iuHlma-
bic character, Of dividing the North AMI
= destroying its business prospects, viii
have an effect on the bankers and money
kings Of Europe, They are keca ob,
servers of the state Of political feeling in
! this country, aud know from home eX.
> perience what a sudden and ruinous fall
; there is in the securities Of nation
! where the laws rest upon the changing
+, aspect of partisan feeling, api not upoa
a sound basis Of constitutional authority.
The disposition Of the President upon
mere political grounds will be viewed in
] all European nations rs revolution,
, and treated as such in all business trans.
{ actions.
- If, therefore, the mere preparatory
. movement looking toward, the imreach-
. ment of the President has been "unfor-
tIna'e in paralyzuS the Industrial and
business Interests Of the country" as
- stated by Mr.. Dodge, what may not le
expected when the full fury OF the storm
! consequent upon Carrying oat that schems
+ shalt burst upon the nation? Not only
will the iinauces Of the nation De icran
, gcd by home causes, but the return Of
> securities from abroad will add to the
, general couyulSion. The question, there.
. lore, Is, will business man permit few
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