The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1868-04-23
From the wellsburg Herald,
FINANCIAL CONDITION.

FINANCIAL CONDITION.
AS the investigation proceeds, it be.
comes more and more evident that the
greeuback platform upon which some of
those whose reliance upon the credulily
of the paopo oflhis country IS unbouu-
Ied have a'aGGl their chances FOR ruu-
ming copperhead or pca;o democrat
into the Presidential oAile. is faulty,
weak anl laakg, aud week By week, it
is noliaeable lhltthe advocacy of it by
tho conservative journals becomes weak
er uul weaker. 'Penllc;on aud The
Grecnbacbs'. went up like rocket, and
they are coming down like a stick
Journals that were rampun; agaias! the
bonlocracY, since .Seymou exposure
aud other Jevslnpu eats, now draw 1t
much moro m,liIy. 1t has been shown
Ilfss:nfs assPhatjsfE
COUNTY, really DO not own aHAhe bon1;;;
and ifthcy did, they ara ths men who
.hayiog Tho npp~ hAni, will bo able to
dispose of them. if depreciation begia',
with littl,. ir any, loss. l; is stated
th,, Of scvea mil!ioaaires ia Nsw York,
who head the list 10 that city. five Of
then, hold no us. Binds, unles' col
latcrally AMI Indirectly, whatever, and
such is prob4bll the case in other mo :
rey centres. These man. en- make mo
ucy faster thaa oven oy holling un'aSed
6 per cen. bonds, and consequently
they don't hold them. They buy Np
railroads and steam ship lines and sell
,hem again and ia various other ways
fad use ror their spare funds in a MN
ner more congonial TO their foster hab'
its and tastes aud don't sec Ct TO put
themselves oI the mercy Of the tickle
multitude. Oar cousins in Germany
being OF q rather slow order of 6nOn
cial practice, hold soms S3)OoO). .O0O,
and consider it rather good investment
and the Swing Banks, Insurance Com
panies, Receives Of Court. Trustees Of
b,nc7oleut, eiu3alional an religious
funds ibid very largo proportion Of
lhcm in this country, Wii9w', orphans
minor heirs, working women, econOmi'
cal loboriag people generally, are in
the aggregate, heavy holders Of the
bonds and in fac', constitute the bond
ocracy, which the democracy have been
SO rampan! in denoua,ing, If they
want, as a party, to add 10 tho taxes
Of these classes, we say, let them, but
look out for squalls. II the German'
want 10 tax their counlrymcn in Germ
any rs we'll as a great many OF their
countrymen IN America VINO honesty
Invested their gold in American securi-
ties with the expectation Of one day see
log it again in gold, merely because
they think they can, we say let ih'
Germans 90 their length for taxing
bouds OF for ropoliatiog them al,ogcIh
er, il they will, Tha natives can saut
it. Yankee fn1ncrers will lose nothing
in that operation, but tho German hero
aror, will take faster grip ofhis 'golt'
probably conoul, that it is satcr 10
bury it,
Idols of thl, kinl, seem 10 be finding
their woy into the democratic mind 90,
arc having at once an Illuminating AM
( modifying effect. The Eastern dcmOc
racy never did embrace the PcndIclo
niun theory, kindly. 1t originated il
tho Yves, and suits batter that the Gcklt
and hcadIong character Of WCstcra spec
ulator5. It took lhet, like wildfro bu
will soon bum itself out Western mel
, are by no means deficient iu shrcwJneS
} nor in iar sighIcdnaia and when it one