New-York tribune., 1867-09-06
MR. SFWARD IN REAL ESTATE.

hands of Mayors, ana some IcoocI Po'nV''
MR. SEWARD ~ REAL ESTATE
There i \ rather musty anecdote OF French
husband who was made happy by tldlngs that
his wife had presented him with an heir. Ills
;ov w,s doubled m hour later by the an
,o,,coment of "A second accession to his
f,,o;lv circle; but when. after a further in
to,val the nurse appeared to congratulate him
an the birth of "A third responsibility, he jumped
from his seat exclaiming, =" | must 90 and put
ga stop 10 this business In a kindred spirit,
we were disposed to tolerate the purchase OF
WaIrussia as a rather costly act of Difference
70 our august ally, the Emperor of All the
Rnssias (Walrussia hencefOrth excepted but
tbe reports of further investments incite alarm
and repusion. If common report may be
trusted, the country is already let in" for the
following sums
Walrnssia UndOubtedl ................... f,aO0Ooo
Bay OF Samana (St. DOmngol ............ 5Y0OOO
Danish West Indies. SV"O"
Total al........... ..sIV'3VVVU
And it is cuttingy added that Gov. Seward
cannot he spared at this time from the State
Department. because he has several delicate
operations in the same line as yet uncompleted.
Gen. Prm says European report, expects
soon to be master of Spain, when he VIII
forthwith replenish his exchequer by selling
orr muniicent Secretary the "ever-falthful
island of Cuba for round Hundred Millions,
and perhaps throw in Porto Rico to sweeteh
the bargain. In short, there Is no end to the
outlandsh possessions we may acquire II MI
Seward shall remain long enough In the State
DEPARTMENT and our money (or credit shall
hold out.
Our repugnance TO these operations is known
70 be radical and nvincbe. They seem to us
to assume as their basis the monarchlcal idea
of government Why should Thirty Millions
here pay money to have One Million (or less)
elsewhere live under a common government with
us9 We cannot have colonies, dependencies
subjects, without renOuncing the essential con-
cepti0n of democratic institutions. III Cuoa oi
any other territory chooses to redeem heiseil
from European thralldom by a payment Oh
money, that is her own affair." and, II she snail
afterward make 0vertures for place IN our
Union we would have them considered with
every desire to find them acceptable but To
buy the alliance of any people is to degrade
orr political system. What can they bring us
we can proiler them9
Hitherto, our invunerability to European
attack has been n substantial guaranty against
foreign wars. While we were essentially con
tincntal and compact, we could, II ut war;
damage any foreign power more than 1t could
injure us. Even California will be Inyulner-
able from the hour in which our Pacific Rail
road is completed. But the acquisition OF
Walrussia exposes us 10 annoyance from any
great naval power while West India posses
sions will enormously increase the cost OF any
future conflict with Great Britain or France
Either we must dismantlc and abandon at the
first iutimation of war, OF we must fortify.
provision and garrison at fcariul costa cost
which imposes no corresponding burden on our
enemy, who may assail or ignore at pleasure
If we try half-and-half policy, as we prob
ably shall. the ornaments and gar1isons of our
West Indies would very soon fall a prey 10
the foe. In no conceivable contingency could
they fail 20 prove source OF weakness, and OF
ruinOus cost.
We want 10 pay our National Debt During
the last two years. we have reduced II by Two
Hundred and Fifty Millions of Dollars, or
about ne-ecventh of its fearful amount when
the Civil War closed. We want to go on pay
ing but the reduction of taxes on one hand and
Mr.. Stewards operations on the other make us
heart sick Do Mr. McCuloch. use up that
Hundred Millions of coin IN paying OIL Public
Debt of some kind, before Gov. Seward can
make ducks and brakes of it IN the rcal-estate
markell We fear that custOdlans may prove
recreant, that Congress may repeal more taxes,
that thieves may break through and Stcal-but
we fear, above ALL the operations of the Pre-
mier, a Ia Mrs. Toodles. The safest invest
mcnt for spare funds, the surcst safeguard
against their misuse, is found in paying honest
debts