The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1868-01-23

labors OF the husbandman have bssa
crowned with plenty; .psstilsncs and
want have mot Waited 10; spirit Of
GOOD will Gnd fratsenal regard So Pc
vailed throughout I'll our borden. Let
us GratehalIy ancknowledge the beneh.
cell Author of these blessings and re.
co1hize our obligations ofobedience and
The prospects Of our State were never
more hopeful. The finances are IN .
sound aud healthful condition. Not
withstanding the heavy burdens Of the
war, W find ourselves untrammeled
with debt and free from exhausting tax
alton. Our seasons are kindly, and har-
vests abundant: The useful and me-
chaMic arts have not been neglected in
the development Of our res01rceM-
Never In our history hos the spirit Of
internal improvements exhibited such
strength Of Purp0se - to-day, and
energy and enterprise are everywhere
striving to promote the commercial f.
cilities Of the State. Esq ecially is this
manifest in the rapid development of
our railway communications. In 1859
the number OF miles Of railway in oper-
alton was three hundred and ninety; In
1856 it was seven hundred ninety three !;
while at the present time 1t cannot be
less than twelve hundred, and, as this
estimate embraces but y fractional part
of chartered lines, We see how hopeful,
how full of promise, Is our future in this
particular. The growth of our cities
and towns !; the spread Of our commerce;
the multiplication of schools and collie
ges in our midst, are evidences of sub
stantial and progressive prosperity.
The representations of the condition
Of the State in its details, by my prede-
cessor, have given you q favorable in
PRODUCTION to its varied interests, and I
bespeak for his recommendations your
careful consideration. To again consid-
er the topics which have been SO recent
ly and SO well presented would seem
unnecessary on the present occasion.
Hereafter 1 may deem it my duty to
invite your attention to some particular
subjects of legislation, and therefore I
shall be pardoned if now turn to the
more extended field Of national affairs.
In the war for preserving the unity Of
the Republic, the people of. Iowa bore a
leading and brilliant part. Well may
we congratulate ourselves, therefore,
that the labors in which we have shared,
the sorrows In which we have partici-
pated, the hopes and anxieties which
we have felt in common with loved
hearts all over the land, have establish
ed it upon firmer foundations than
ever before. The: pernicious dogma Of
Estate Rights" perisl,ed with the sword
which was drawn in its defense. 1t il
one of the first fruits of victory that We
are not a Republic Of corporations, but
Republic of the people, and that In
questions affecting the interests Of all
the States, the ultimate arbiters are the
people of the United States. While the
rights of none are to suffer encrO0ch.
ment, and the perOgatives of each are to
be jealousy guarded by the power of the
whole, the popular will must be the
great expounder of the Constitution.
The cry has been raised that I'm estab-
fishing and fOrtifying the powers Of the
nation, the people are in danger of los
ing their liberties. History has been
cited to show that we are initiating the
unhappy policy of other free Govern
meDts, in which, first the spirit, and
then the form, of their institutions per-
ished. But 1t Is forgotten that men
have never before attained q freedom
worthy OF the name, and that II they
failed they failed because they were
Our own experience has more mean
ing lessons for us than any examples of
former success or ruin. Disciaimfuv the
lleresy that the nation is everything and
the State nothing, let us ut the same
time rejoice that we have established 90
hrmly the paramount sOvereixntylof the
Union over all its parts that, in the hour
IF great national exigency, we shall
never again be compelled to listen to the
that "there is no power in
he General Government to coerce q
sovereign State" Centrifugal must
Yield obedience to centripetal law. or
'ur system perishes. And yet neither
an he spared from the perfection of our
heory. With the idea that the author
ty of the whole Is supreme must be
coupled the principle that the States
lave sphere of action, limited TO be
'ure, but nevertheless distinct sphere,
which the General Government has
leither power nor wish to invade.
Tovindicate the integrity Of the Union
large expenditure. Happily |
or US and for the success of our cause. I
he credit of tho nation was equal to the |
great emergency which called 1t into |
exercise. In times Of unprecedented |
difficulty and when our financial ability |
seemed the pivotal point of triumph or
iefeat, it proved an unfailing rock of |
supply. To maintain that credit con.
titutes our most sacred duty; and what
ver responsibilities it may impose upon
IS, the highest standard Of national
,ood faith will command the verdict Of
he American people. The citadel of
financial honor cannot be guarded too
| should reprobate as the
most calainitous of misfortunes any leg.
station on the part Of Congress tending
0 invalidate the plighted, or even the
airly implied, faith Of the nation.
1t has become the conviction Of some
hat part of the national bonds could
e redeemed in currency, without fraud
pom the holder. The advocates of this
olicy base the righteousness Of such
upon the fact that the bonds
themselves contain no stipulation of
ayment in specie. A more subtle, in
idious, and, at the same time, deadly,
tack upon the public credit could not
ave been made. Apart from the fact
hat gold is the recognized currency of
ne world and the standard Of value.
nj that we cannot exempt ourselves
'om the operations Of this law, there
as, in this instance, an implied under
with both parties to the cove
ant that the loans to the Government
lould be paid in specie. The Secretary
the Treasury placed this interpreta-
on upon the contract at the time theJ