Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-07-09
THE FINANCIAL SITUATION.
a Radical Paper On Glow. OOys
sMO0r's speech.

From the Springfield Mass. Republican.
Truth is truth, whoever tells It; and Ho-
ratio SEYMOUR review cf our national sit
uation. financially and industrially, 10,
whom considsssd assds from its partisan
purpose, and stripped of its coppsrhcad
abusiveness, just what every voter ought
20 hear and every Republican ought 10 ap-
plaud and echo. The use to which Gov
Seymour puts his philosophy is Is mean
and false - il we'll could DO /; because no
charges - blame upon the Republican par
~ what was, in fact, merely the necessary
evil Of war,-war brought on tho country.
too. by that precious gang Of conspirsteis
with whom he had always sympa,hised
and co-operated. But make this exception
only do congress justice 10 remember
that u did What It did - the sole means Of
escape from Aatisual destruction, -and the
seymour speech bscomss iapaetant and
valuable = he ssrosgsst statement yst
made Of the miserable condition 10 which
she finances end ths Industry Of lhs coun.
ny have been reduced, end The necessity
Of an instant and thorough reform; . ne
csssity which the Rsp0blisan party needs
10 feel and take home to itself with @ pecial
force.
Unfortunately some Of the Republican
journals seem to think that they must deny
the truth Of every thing Gov. Seymour said
In doing NO they have to defend measures
on general grounds which never could be
justified but by the Talpable pressure Of
necessity; they, in fact, adopt the errors of
the war administration without the ono
possible excuse for them.
Every RapuhliraO nu,tt "a H.
to these abuses rs strongly A. Mr. Seymour
himself; aud the Republican party has got
10 oppose them or 60 out OF power. In
stead Of this We find leading journals up
holding the most fragrant abuses simply
because Horatio Seymour attacks them,
and sssailing the plsinest truths because he
uteers, In order 10 psrvsrt them. The New
York Tribune goes % far - TO assert, with
unsurpassed impudsncc, that soldiers
wages and pensions "rose in nominal
amount ~ paper deprecated, 80 % to re-
main Of at least - great % geld vslus."
The annals Of msudacity might b search
ed N vain for parallel to this. Tie Tn
buNs knsws vssy we'll that ths monthly nav
Of ear so1dises vAs iscreassd eoly o. from
1851 to 1854, and during that time gold
atood oil the way ffem 40 70 $50, and ~
advance 10 general prices. ~ calsulatsd
from weekly 0av2ee rsperts, We from so
% 12b per cent. TIE 1lS which he sel.
der could ssad homo 70 HE family in 1884.
would not purchase one halt @ much Of
provisiens o. Of clothing - The Gil Re r..
esived 10 1851.
Il y pssleesly PLATA that ths Rspuhlissns
are not goieg to nsutraliss The slIsce 81
what was falss IN This speech in suy sueh
way - the Tribune undertakes 10 dc Il /:
and it IL equally plain that the. Republicans
party 0ust a6andoa the cAemyionship end
perpstustion Of legal tender and all its cor.
comitant frauds. or 60 under. The speecA
o. Gev. Seymour 10 bad 10 its asjnse -
malice asd ueprinsiplsd sobisioa sAu uske
It, but the general drift Of HE financial
philosophy 10 sound cad eeed, 81 hakIi1-
tersst epponsats viii ~ III : r. |
sieaiaeaaee. Ne lsn1or<ke6n = I7111IIIIo
The inpevenass q ~ ~ = 1l s.
cis paenm4 tge1e = - 0S1ls q q
gsvssome1e lei10 le8n q Gzu11d l1uG1e
nd ~ - loo1s09 aGKla upss : -
''o. H. u.publleanS 49, . 4. . Il