The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1869-09-29
Condition Of the Country.

,faiaCondltlon OF the Country. u;
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% ~ i92l q aEFromtthe n; @. Times.
George HI. Pendleton, the Democrat
ic candidate for Governor of Ohio, is
one oftlle clearest headed, most hon
Iorable and courageous of the statesmen
OF this country We have known Il, e
man from his first entrance npon public
life. We have known him in all his
relations, anu we can fully say that hi 3
character as a man, a gentleman ard a
STATESMAN, approaches nearer to tile
highest standard Of public and pri-
vate citizen Of Republic than any
Fother who has figured in the public
farena in this age. His principles may
not command a general acquiescence !;
but this may lie said of hini-which,
alas can scarcely besaid Of our pub
lie men that he never changes or dis
guises his opinions; that lie lives and
acts up to them that he never evaaes
or equivocates, and maintains his hon
est convictions with 4 manly courtesy
and respect for tile opinions Of others
a freedom from partisan trickery and
can't, and from Pedagogical art and
vulgar appeals to prejudice and pas
sion that, with his b spotless1 private
character and stainless record as a gen
tlenlan and citizen,q command the pro-
fOundest respect Of his ad versaries, and
what is quite as remarkable the nm
bonded confidence and support fhis
party friends. A happy event will It
be for the great State Of Ohio; as well
MS for the United States, if he should be
called to the chief imasistracy Of that
COMMONWEALTH 9jp3sfoo 81 Il iIoi I
- We have been led to these remarks
" the perusal of the late Admirable
speech Of Mr.. PendIctonn, delivered to a
body gentlemen who called to pay
their respects to him, az his private
residence, near Cincinnati, to which lie
'is confined by a serious 1ameness, caus-
ed by a recent accident. bhoid" shg2fft
p We regret we have not space TO
publish this speech atlength. 1T is full
Of instructive and wise 81 ggestions; Of
trencllant hits !; Of exposures Of Radical
folly and maladministration, and Of
'unanswerable arguments IN favor of
tho policy of which he is the principal
champion. The following pungent
and forcible extract, descriptive Of the
state Of affairs to which the country
has been reduced by Radical admins
tration, is all that We nov have room
for, and is we'll worthy of Study and
reflection hosI1
l hold in my hand, tile Cincinnati
Commercialof the 7th of September
It contains review Of the markets for
the week. The story lis very signif-
cant: "Trade dali almost stagnant.
Sales Of dry goods, Of groceries, Of
manufactures, almost nothing. Collec.
lions impossible-irtere ion money
from eight to fifteen per cent, and
some cases to eighteeni per cent?
Wheat from 81 10 tos$i %, and very
dulisa Hay,icorn, oats, ruling low, fand
few sales, except for local denssnd,r-1
And in the same paper Of that and a /
few preceding days I saw the, failnres
and assignments, of bankers; .manufac-
tuners, tradesmen and lumber mer-
chants and column after column filled
the advertisements Of men, women and
children seeking employment and
Of stores which are empty and for rent.
Tie condition, the reason and the rem
edy are well summed mp I'm one single
sentenceia the money article Of that
day ga shrinkage of values, general
ly has not yet taken place, or at least
values have not been adjusted in their
relation to eacl, other to that plane on
which business can move briskly and
prssperously. There is, consequently,
some disposition to tinker with the
currency, and seek to adjust matters
by variations in the measures of VAL
ues." Which, translated Tito common
language, means that debtors are press
ed to the verylverge Of ruin by declin-
ingprices and stagpant2 business, aud
beg that the money be, allowed to cir.
culate and perform its duty Of effect
ing exchanges; and in the same paper
I see the extraordinary statement that
the Treasury Department has official
information shat the merchants and
other commercial men of the West,
owing to the scarcity of currency, are
compelled to take any thing offered to
them which represents fractional VAL
ues Of greenbacks, and consequently
are forced to reccico and pass coanterfcitI
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