The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1867-06-08
The Financial Prosscs--A Ass Leak.

-o0 t1AbcaA IIo1Iect.'A 0a00 Aook'
orr.
The New York Times secs break
ers ahead" Noting the report from
Washington that the Secretary Of
the Treasury expresses the opinion
very freely. that no father rsdue.
ton Of the public debt need be az
pcc'ed at present, and that the chances
are that the debt will DO increased
within the next three months the
editor goes on to say,
" We fear We are approaching tho
end Of the agreeable decisions we
have been nursing in regard 10 our
debt and taxes
"Businessi is dull--priccs are 50 u
orbitaut that labor, which com msnds
enormous wages, can scarcely earn =
living -the profits Of all branches Of
industry have fallen o6, aud every.
body begins TO feel comparatively
poor. Evidences Of this are seea ia
every direction. There is nothing
IKE inc expenditure among business
men, or in society and private life,
Una, was Witnessed y year ago me
equiparcs. Costly dinners, extrav.
agani displays Of wealth at evening
Par"es~ 'a'sh expenditures ior lux
IVY y" ofeT, no longer '.,,Ae,o''.c
our '"A'''""'",e e".'eS- a" t"'s -
affa'cn. ana 'haIes''' aaM's'a.so'y
very inherent S,a'' Q, 'n'ngs from
Wna' "ss eN'S'eu nere'o'o's s,"ec 'ne
wa" I"e" u" 'o"s.. ''"A eP1"
'"H.''oa an '''ne' in'y ,ec'
. oe'"en -'s,'"~ing noA''e' s"a
heavier ins'saa Oh ''ga'e,' every 'ay;
re fe'"" y ."eo"'s :" ~, '.y ~"'
"o' ., one Say ~""' y "", ~ y"r
anu inc same '"'"g ~ S"'a TO w ''''
'"i"ns"oa' ms county
'ho ae''on .. No"s'ess ~ '"c 'As'
session 'shueu 70 'nAAu ,"nes Nois'
!. was "''efsy ,"Poss'o'e 70 se' .ne
s"eh"o" :" ."c "")o'"s !" ."'
""snoes as 1su"yc''o' stA"'ou"' y"
p"s"hce' o''oa'N "r9c.~ \, soso' p'u
'"e'' a''e"'''" 'Ay ~ "0 :"
gresatc income YAK was ae"''"'y
thrown away "''c" Q, ""'"y """
'"s"''"g s"A'ner" 'a"sa'y, ~ as :"
d"gs*sf Nst"cr" "o's"y 10 pay "s
'"'re 81 ssa"''"n, eee'y"'"y "y"
""as " .'prs1 an" ef"" !" No'
a dollar Of aid was given to repair
the Mississippi levecs, though that
measure alone would have yielded
millions through the sugar T. The
culture Of cotton was taxed. Cap
itol in tho south was loaded with ex
actions and liabilities which il was
utterly unable to bear. The lessons
Of experience and common sense
were deliberately sacrificed, in every
direction, to political passion or per.
sonal interest. The adjustment Of
duties and foreign imports was made
in utter disregard Of its relations 70
The revenue aud became = vea.l and
.ss'"'o'", '''""''e "'rs "P
protection.
All these acts are just now be
ginning to bear their natural fruits
The revenue IL falling of heavily ;
progrc.s In ,odecmipg the public
debt mus. be suspended taxation
grow wtrsN-"fa'- (, t'".ad Eoor.
ing relieved and remo.SJ re-.
nous clal'n', SUI, a", ~. ..vrey.,e
main to b. saa nsh, 70 and .' there i a,
of the pubic aen.' an. .h.. tho taxa.
least an even chance ... 10 CIV soan,r,
ton Of the 'naa.M' r ~ Than al
must be increased ,A''s. ,,;on. a
miaished, to meet wv
the impending future, n. ob.olu,
These things prov .'.ono,uy in Ii
necessity Of greater economy on ;" an A.,
management OF gu! "" 'a''n,;oc
greater wisdom IN inc .a' I..o",c,
plans for devs'op'nE ou. or ..r,
and alleviss'ng the ou'"'"
ton" .,., n,, |,
Does Il not also psv'h Nave ou
: 80 called statesmen, ~ M. Az" a,.,,e.si
J. rled the nation 'n~ w, ~. hi,
:, condition and oFoasn' . : ~.", are n
! Of . tsrf'o'e n"" ~ interests 80 v,
hitting "uTe ..,onc IN thirty mi