Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-11-18
s0uru GRAPRs.

The Pest 10 . decided partisan papers Isr
q. marty 10 concerned, but radically opposed I
70 .om. of the measures aud principles q I
the party in power. Il Is an ultra free trade I,
paper. hence il sates issue With the New
Enrland faction that is constantly clanor- 4
ing f,r more protection to iss peculiar int.
Rata hisa iust remark that the country i.
should DO congratulated on the decrease Of
the Republican majority in the next Con. ,
rress. While il Will have decided work
i,e majority, il has not the tws>thirds Of I
the present Congress, . msjprity which
made thu, body virtually the Government,
enabling il TO override both the Executive
AID Judicial branches and dictate its poliey
regardless Of the rights and interests OF that
portion OF our people, and those sections oil
Tie country represented by the minority In
the National Legislature.
The next Congress will meet under diff
e ent aspects and circumstances thin
t1,ss which existed when the present a..
ssnbied. The Radical party will have the
Prssid, n. Gifts choice, aud having full sway |
II vi be responsible for the conduct Of pub.
lc affairs. And it mas responsibilities 10
m ct which il cannot avoid or delay. The
public voice will demand 6nsneial policy
Which will tighten the public burdens
The pubic debt question will have to be
met. The people will not b content pay
the present enormous interest In gold. and
have the debt funded, 40 THAT !. will remain
an incubus upon The industry Of tho nation
for tss generations - sens, ss vas pro-
posed at the last session Of Congress. The
resent internal, Or perhaps ~ may better
~ sntsyssi revenue system 10, also, OBJ |
noxious lis alike ssuey:ng. cumbersome
and burdensoms. Neither will the peopls
permit one species Of capital or property TO
exempt from LEGAL and State taxation, and
not subject 10 any OF the burdene for the
support Of local govsremsuts. This 10
equality ofaxatisn muas b overcome. and
Tit 10 not. the people win right il BY select
Ing representatives who will
new Congress will sscesssrily involve . re-
vision Of the tAriG system. The present tariff
is a sectional measure, a Il diseriminates in
favor OF one intsrss. 70 the injury Of others
When the Southern States ahall once more
be placed in full communion with the Gov.
srnmsnt, aud the resources and industry Of
that section Of the country be again made
tri5u,ary to the wealth Of tho nation, lis
voice ~ll unite With the great agricultural
interests OF the North ana West in favor 4
arsrsnue policy tha, will be equal and ju
10 al interests and to all sections. The 10.
cent slsct,ons show that the people made
strong movement toward more enlight n
Cd liberal and equsl administration Of the
10 ernmsnt. and il the incoming al iis-
u-hnn aud Congress fail TO meet the pub Q
expectation in these regards. there will be
political revolution 50 overwhelming that
this end will DO accomplished. Nothing but
the conviction that General Grant would ad-
minister the Government with impart,ality
10 all sections, conviction that arose from
h's Dem ,crstic ant eccdents and his express
Cd cons.r.attve views, saved the Radical
part, from defeat, and that defeat will come
II ths pubic burdens are not materially "a
doc. d. snd policy adopted tina, will restore
prosperity.
Tns tnanc'al aspect continues unsettled,
aad tho bs't bra'ns in the country are 81
losgrrhsads upon the question Of crash OF
no c'I'h. The evil hour holds OF stoutlv
end tho opinion il gaining ground that the
tyins troubles are not To come rs early ~
pred .el.d. Commercial men hAvo become
prstty thoroughly scared all over the do
m-ir, snC have been stra,ning every nsrvs
q get into as snug condition a. possible for
the worst
Conserving the financial prospect the
Chicago Tones money article says:
Tn. Zee ing in financial circles is very
destondcnt Aad distlustiul. Tho appre-
hcnslons Of fearful aud sudden panic are
slowly snhsidlng, but 80 many houses have
been shaken by tho enormous decline in
value, tnAt there 10 an utter want Of con-
hi.nee. either in the sclvsncy Of individ
usls. or the stability Of prices. The foun.
dstion is believed to BE- impaired, in many
instances, and every ono IL apprehsnsivs
thst houses will yet 90 down, and bssp the
markets from exhibiting any material i'm.
provements. And hence, the motive fer
act'v. operations, which the prospect Of
future advances suppl,es, 10 entirely do
strsyed How long matters will remain in
tina deplcrsb's condition, il il impossible
to predict. But No do not leok for any ma
tsr's' reversal Of business. until eur eur
rAncy cnerdsrs are rsmsdied, BY such an
increase in the volume Of the currency A.
the business interssts Of the country r..
CURE. Indeed. until this is done, ~ have
every reason % believe that matters will
grew worse. Il IL possible that soms par
tieulAr branches Of bssinsss will b sub.
jsctsd to lsas strain than At present, but il
will not be because matters are really i'm.
proving. but because the strain 10 more
generally distributed, and branches Of bust.
mesa which until THE time have been q.
eups. made % bear their share. We must
have more money. aad until ~ get il, We
must expect business 70 anguish.