Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1867-11-14
Government Bonds.

In a late address Of Senator Doolittle Of Wis
consin, TO public mesting in Milwaukee, that
gentleman presented in brief but forciole Ian
guage the causes which now retard the return
of peace and prosperity to the country lie
had spent several months in Europe, and there
had a fair opportunity of witnessing the effect
Of Radical misrule here upon the value Of Amer
lean securities. He says:
From all the reflection and thought which
I could bring to bear upon it, have been con-
frmed in the belief which was forced upon me
more than two years ago, namely: that the
policy which was then proposed by Mr. Lincoln
Immediately upon the surrender of the armies
Of the rebellion, % recognize at once the States
of the South, to have them restored TO all their
constitutional rights and to Misrepresentation
in the Union was the only Just the only wise,
the only constitutional policy. Applause ]
From that time forward have struggled to
carry that policy into effect. | believed then,
and am now more than ever firm IN the opin-
ion, that it, two years ago, Immediately upon
the surrender Of the armies of the rebellion, the
StSes Of the South had been recognized, with
their constitutional rights. andadmittedto their
representation in the Union, under the policy
of Mr.. Lincoln, all the difficulties which now
surround US. both financial and political, would
have passed away. Applause believe
that if two years ago that policy had been fair
| w adopted. the bonds Of the Government Of
the United States, this day at six per cent.
would command a premium in gold IN every
monevcentreof theworld. Applause Twill
state this fact-whCh | hope no one present
will forget have met no intelligent man in
| Europe who has not expressed the same opin-
ion that if our States of the South had been
admitted to representation in the Union, that
/ the whole world could see thar we were one
people. one nation, with all the States repre-
seuted and taking part in our legislation, our
six per cent. bonds would not only be al par,
but would command a premium in gold
/ Why not? Why should not the American Sc
curities at six per cent command high pre-
MUM in gold, when the English three per
! cents command ninctv-three per cent. in gold?
| No earthly reason can be given, except that
these States are apparently divided and dis
severef-that the States Of the South are kept
out of the Union. and denied all their rights IN
| the Union, by this Radical policy. ! charge
/ this home to the leaders Of that policy. The
whole responsibility rests upon that Radical
! policy. which, trampling the Constitution un-
der its feet, violating their plshtcd faith, and
| the policy Of Mr.. Lincoln, the often avowed
policy which elected him, refused to allow TO
ten States Of the Union all right to representa-
ton"
And he illustrates the present condition Of
affairs, and the prospects ahead in the follow
ing ghappy terms:
"When the South yielded and acknowl-
edged the Constitution to be supreme, and that
the flag Of the United States was the flag to
which theyowcd allegiance, then up rises Thad-
deus Stevens. Charles Sumner. Benjamin Wade
and other Radicals of the North to proclaim
anew theilea of the secessionists. viz: the Con-
stitution is no longer the supreme law Of the
land in the States Of the South; that we do
not hold the States of the South by coustitu-
tiaral authority; that we hold them hy the
sword. and the sword alone not under the
Constitution. but outside the Constitution. by
q mower which is above the Constitution. That
/ is the Hea of Radicalism. it is not only akin
TO- but it is Identical with the idea of secession.
/ It is the essence Of rebellion against the Con-
/ stution Of the United States. Whether it is
asserted by jefferson Davis at the South, or by
Thaddeus Stevens at the North, it is a new re-
/ helEon against the Government Of the United
States. We have, ly force Of arms, put down
/ tlorabellon Of the secessjonists at the South.
/ We do not expect to he compelled Co put down
| this new rebellion at the North 10y iorceofarms.
/ We expect TO put It down by moral power a.
/ lone. by argument by reason, by persuasion.
as we have donein Connecticut, ia California.
in Pennsylvania, and Ohio, by thepowerof the
L1llot-box. Great applause. Men are be-
ginning to reflect. to reason to think ior them
selves. The eydtcments. and passions, aud
ureulices which war has eugeudered arc pass
ing away. and cool, dispassioned Judgment is
once more asserting It's legitimate sway.
a thank God for what already see. and !
think we shall have occasion TO be yet more
thankful for what is yet to come.