Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1867-03-28
Have We she Means 20 Meet Our
Liabilities?

olde may we'll stsrte The nation from its
dream Of faueied security and set it sober
" 10 counting the cost Of the war. For c
t,at il has no; fully realized the extent of c
tho national debt is a truth too clearly ap>
pareat 10 need prooe. These whose busi- r
nsss i, was to inform the people Of the ex> :
tent and nature of the debt they will have =
10 pay have not performed that duty, but. T
On tss contrary, have With crimiaal studi-
eas less concealed the amount and led Che
p ,ple TO suppose that the original debt In
round 6gurss was something short Of fous
thousand millions Of dollars. This cum
Vas In various ~ays ssdSeed until Il was
Thought that three thousand uillions wsuld
cover the entire ladsblsdness. and % the
nation wao csaxsa int the dslusive belief
that the aiIais We . mssc bagatells. and
that ~ might content oursslvss With pay
Ing the interest and leave the liquidation Of
tbs principal to future generations. 30 thss
our children might be educated into the
glorious anticipation Of participating IN the
v,pjue out Of the rebellion. Hut the people
ere beginning to awake TO the reality, and
ns's ""' very p'eAs'"' -0' US WY "''
oil This time been dallying with . serpent
'".' ".h "'."s">
IN lts folds. There has been . vast deal Of
oeee"' WV" ''s''''""'' ""' 'e
'"'''.''e =. """' y ''p".'
nov. A'o". '','' "s0'' " ''' ~" 49,
Aos .e" Ao'A 1'"'s ms '"'y
ventiIAt'ng this anair, ana shat Jour"ai'
which 10 certainly good Republican authors
;,v ..v. that thar. hss We, 10 be added 10
=, 49,. s..,.a ~. c,,.
''s '~'''"S ~'"' -
lowing ues
Bounty bill Of 1856. ....... : 10000, 900
isounty bill Of 1867. ... 300, 900, 900
State debts assumed. ... 600, OO0, 900
Claims growing out the war, q. OO0, OO0. 900
---
Total -. 90 $50, OOO, 600
ar th... els,ws ,hs T;,nes savs Ahat th.v
=. :. A.. -..r...
:. 1890.
ment o. nc nrss session u 'nc 1ANA'-N'"
Ceugsess, whom they were refeffed 70 the
Committee on CIaime. VII ,se chairman vas
n C,. No. - O.,. a.. A..
As"ss oous'ue's, s"u "c t"i"A "o V"s -"
DeuSuune 20 contradict the assumption, lone
Of the ablsst And most cersjdcrsts men in
....A,;.G nc. y nr ~, 49,. ,.oa,,..a ,,,oo
the Oosu""cs oy s"e 'A"o''I emu "ss">
tude Of these claims, and the reader will bcas
in mind that - ouots in exact language.
a.
-"
- - 80. ~. - ~
a RESOLUTION. which ,as f.rthvi,k sdop,.d.
that until otherwise ordered, no clssns Of
this character from the citizens Of ths south
s .;,.,. '"v"u =. ."'.' ..." .; ; "s
table du;v II WAS in. shu,,;nv ones
eyes IL danger TOO fearful 70 DO faced \
Tho Committee did not dare 10 let the coun
~ ""ue'".A"s 'ns es'e"' u 'h'se o'a'.ns-
i. ,,nor., ,h.a - ,ha "a. ~ a., n,h.r
par, of the public debt. What the amount
OF these chains viii prove IN the end 20 be
y """ Nv '''.". VI W." W.
s,h,,o ,,r,n, :,.,ora,s ,na.s,r., .,,,v,,,nr
in Congress ina. they vould be large
enough 10 tax to the utmost the rssourc
M" '"e e'ofssso o. Tue wnoie country. anu
a.. .,,a,,, ~ ~ =, ,h... Lie. :. Iii
be found - b. perfectly lust. and such a.
must he paid, will approach very nearly, il
do"s MOI s4uai. whAt % unaarstooe 20 %
Th,. ms, s..m as,,.,...n an, y. !, ss,.s;n,,
IL alarming: bu, =. heliev. tins ~ m show
that Il u no, nm ovcrs,atcment Of the actual
isct.
Lms"s""g "eo the source this does Y
l" NOT 20 % mesor pu. GOV" oy tue par''
"a" s"T'eA o' ''oPPes"eAd malice, wn'cn
s'y's OF argument IS unfortunately SO
much 10 vogue among our Radical
"'e""s' o0' oe'nS brought 20 the "es'es
OF inc people ~ On acknowledged Hcpu''
h'a" su'"or"y' ana 'nas rAtnef IN SORROW
"An IN anger F." must be met 10 . ike SPIT
" '"'." So "''' '""u''. ''sa'''es' " 'n'
p"'' III" present Po"'''" A'n"a'''"s ~ 'he
'"a"'e'- ''' '"q""' "''" '"'s ''''' S"o-
J's' .'''''' .''"' wy SUI" ""' ~ "e "''u'
YOU "e'P "''" '''''"s" n'o "'he 'epu'"
= wy A"''' ''''e '"'"sA'' '''''''"'
.',,. -.
- "'"' "''" N's"''
'"'''", '''''' ""' 'Pe'"'"s
~ "V. . r.r'' .'',''. :" 80. '' 80 ~
80 " ~ 50"
- ..'" .'',,s 49, ' '-@e
-, -. - | W. Nv
.."'
-, 49,, =. .... ..a .x.,...,.-,,- .,
..,..... -,;...,:..- -. 49,. ', 49,
-. - ;.,.,,.:n. a.. ...,.....,.
Of bsqusath'"g then to ocr Poseerity a.
trifiag basstcIle whercwith 20 amuss their
infAnt minds until the future sdelsscents Of
she country bscome Of On sRs @ erapple |
with III. more important questions Of ri>
nancsY We think 90. II will be ~ we'll 10
remember, however, in considssine how v,
shall wipe out this debt. ,hstsws shall have
. task something lIerculeau in il prooor>