The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1868-03-20

Southern people than"thc war itself.
The military ESTABLISHING cnts ut
the South arc another item of use
less and extravagant expenditure.
It is costing from sixty to one
hundred millions annually.
High Radical authority estimates
that It will take ten years to recon-
struct the South by the present pro-
cess.
The lowest possible amount for
which this partisan enterprise can
be completed will ybe eight hundred
millions Of dollars.
Are the people of this nation to
be impoverished, in order that the
day ofniggerism and fanaticism may
be long in the land? .
Are the masses of the country to
be mercilessly taxed, robbed, and
ruined, in order that corruption may
prosper, love Of power BE- satisfied,
and The supremacy Of Radicalism
be assured 2 :" ~.
We look for such a response to
these questions as will wipe out the
,abomi IA tions of the bayonet, res
tore civil and constitutional govern
mcnts to the South, exclude the
African element from the sphere Of
politics. and re-establish the Amer
lean Union upon the ancient foun-
dations Of equal justice and popular
affection. A." ''.s = ..''i
j." 81 A REMEDY POSSIBLE.
Let us recur to tho remedy for the
manifold wrongs to ybich we have
referred. " ' - -,
( Tho reconstruction question,
whatever difficulties it may present
to bitter Partisans, is capable Of Il
safe and easy adjustment through
the exercise Of an honest and liber-
al patriotism. Hr~4os
The simple application Of the
principles of the Federal Constitu-
tion will remove every obstacle
and effect peaceful permanent and
satisfactory settlement
If that instrument possesses tho
perfection with which every lover Of
his country invests it. it will not
be found wanting at. the critical
junetWe. ,.,1aaa ,.",A
. The Constitution WHICH has bless
ed the people with liberty and
crowned this land; with greatness
will not now prove inadequate to
the designs Of its authority and
leave the vital interests Of the Union
at tho mercy Of rude chances and
political passions.
y" Let it's provisions be applied, and
representatives Of tho South, clect-
cd by the only qualified voters Of
that section, will take their seats
in Congress, subject only to tho
+, condition imposed upon members
from other parts Of the land; the
natura! relations between the South
ern States and the General Govern
ment will be resumed, and the Union
of the States, triumphantly rcstor-
Led, will return in form, IN fact, and
freedom to the originst glory of her
first and best estate. -
The restoration of the South will
open the way TO great financial re-.
lief. - Taif7' 19H7ef
Whom ber people are relieved Of
the domination of the bayonets and
blacks, they will be sncouragci to
productive pursuits; general pros
perity will revive their palsied en-
ergies, and their assistance will be-
happily felt in removing the great
burden Of debt which now impcdcs.
the national progress. ,T
The costly national nuisance, the
Freedmen's Bureau, will be abol-
ished, and common sense having
mastered the situation,t will decrco
that negroes, like white men, must
either work or starvc.
Tho expensive Southern military
establishment will bG acknowledged
unnecessary, and with their disap-
pcarance taxpayers viii, thank God
and take courage s,,.e,n
! A fair taxation of tho Federal
securities will yield many millions
offrevenuc.' E-4.H.a ,a=aia
| The national banks suggest an-
other opportunity for srctrenchment.
They own between three and foar
hundred millions in Federal bonds,
upon which they draw Interest. -
These bonds are deposited with tho
Government, and for every 500, 900
50 deposited, they receive 800, 600
in national bank notes. These
notes constitute their circulation,
and with them they carry on the
business, and earn the profits Of
banking proper, :sszg akr
| The interest aecruing on their de-
posted bonds is SO much premium
paid them, in addition to the rcgu-
lar earnings Of their business.
! They receive the benefit Of just
ninety per cent. more, capital than
they have invested. and this gratui-
tous premium comes from the pock-
cts of the pesplc. 1zsi4
Justice rsquircs that this sum.
amounting to between twenty and
thirty millions annually be saved
to the public.
The simple process Of recalling
the national bank notes and substi