The Lincoln County herald., 1868-10-29
narvesiiLg tho Spoils.

ment In theii favor in Peunsy lvauie, Ohio,
and Indiana, are already busiIy engaged
in gathering the fruits Of their victory.
The news from Europe this n,orning .uys
the 5-2Os have largely advanced. Here
is the cablo telegram
FRANxpORT, Oct l8.-The market for
United States bonds is excited. A large
business Is being done and prices are
higher-5 2Ds advanced to 7sA.
The meaning Of this il that the aiilia-
ted moueyed interests Of Europe and
America. after o desperate conflict will,
the people Of tho United States, have pre-
vailed against them, and are now harvest.
ing tho spoils. Why have the bonds
gone up? Because the probability now
IL that they will be redeemed in gold ut
their facc value. BY whom will they be
paid? BY the American people Of course.
The Radical victory Of last tuesday
means the transfer OF Eve or six hundred
millions (Who can be precise in estimates
while such financial system prevails ??
from tho x-puycrs Of the United States
to tho cosmopolitan Isondholders. 1t
means q clear loss Of that amount to the
working or producing CLASSES Of this
country aud on equal gain for the money
cahu.ers OF tho two continents. In other
words it means that We shull have to pay
q gold dollar instead Of q paper dollar.
We presume that no one is ignorant
enough to imagine that the increased value
Of the 5 20. will bring . cent into tho
United States treasury? The bonds have
long since passed out Of tho possession
VI the Government, aud are held mainly
by spectators and the banks. Tho baud.
holding intcrest could we'll afford to ex
pend . million to secure Radical victory
in the late elections and there is not the
sli2 attest doubt that they spent untold
sums. The money 10 ali ON the Radical
side in this election. The rich Demo.
Gratis being Bondholdors too, are natur.
ally influenced by their private interests.
Their patriotism and selfshness arc At
war. Perhaps it is too much to expect
of human nature, that maa should con.
tribute money for cause the success Of
which would reduce the market value ol
bis property. At all events, the Demo.
cratic Dives is keeping his tr eches poe se,
bu,toned c!ose, while the Radical Dives
is sowing the suitable patches with green.
backs, that blossom into ballots by cleo.
ton day. Corruption is the great engine
Of Il .dicslism in the North, ~ military
terrorism il in the South. The peculiar
character Of the contest has arrayed the
moneyed world against the Democratic
ticket. II is said you must fight 6re
with 6re, but that is impossible iu the
present contest, as Far as the Democracy
arc concerned. We have nothing to rely
on but the naked strength Of our cause
and it would be folly to deny that it Is ia
greut danger Of being overcome by the
torrent Of corruption and vindictivencss
that dcluges <hs land. The people. seen
TO be walking deliberately and with thci'
eyes wide open into the snare set 10,
them by the asture gamblers Of the stocI
exchanges Of New York, London, Paris
and Frankfort The American Sauhso,
seems to be on the point Of being reduced
to state of bondage aud OF having M
alternative for some tims but to grind in
the mill of .he Philistines. s.-St. Loui,
Dispatch Of the 10th.