Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1869-02-10

'Ghe Hssaes 81 the Failure.
The leading Radical papers claim that
the Presidential election decided oil the
issucs Of the canvass ir favor Of the sue
essstul party-that it wac an Endorsement
efali the measures Of that patty and its
administration Of the Government since il
became the ruling power. Such was not
the verdict Of the people. IL the battle
had been fought upon the real issues
before The country, Radical:sm woald have
met ~ith an overwhelming defeat The
Radicals made the contest upon their aide
ever the past, calling to their aid the pas
sioss and pr.judicss engeodsrsd BY the
war, carefully avoiding The discussion Of
those questions which must be legislatsd
upon, AMI the determination Of which
deeply concerns the welfare Of the country.
The public debt question, taxation. the
protective and revenue systems, the public
expenditures and kindred topics We're no.
permitted to enter into the canvass upon
the Radical side. While the dominant party
avoided the discussion.o those Issues for
fear Of embarrassing their party success
they viii have TO be met and settled TO sat>
isiy the expectations Of the people. SO far
~ the welfare Of the country and its true
interests arc concerned, the triumph Of the
Democratic party in the elections Ct this
year would have been fortunate. But
looking at the matter from . different
standpoint. and solely with reference TO
fotars party SUGGEST. and its permanent tri-
amph. defeat vas more dsssab.s than vic-
tory. Nov the Radical party has the entire
control Of tho Government. and IL will bs
held to . striet responsibility for its man.
sssnsn, Of public affairs The settlement
o. the qaestions that will be forced upon
Congress Gill be found exceedingly smbar.
RAISING, and they cannot Be avoided. Cir.
cumstances and Public sentimsst viii alike
press them. The public expenses must BE-
materially decree sd, taxation must Be
iightsned. and the revenue systam made
more equitable in its distribution Of public
burdens. Is the Rsdical party in any con-
diticnt to satisfy the demands Of the pee.
pie in these regards, For every oaics there
viii be numerous seekers and the immense
patronage Of the Government will fail 10
Supply tho hungry crew anxious to DO sup>
ported out Of tho public treasury. How
can taxation be lessened unless the expend.
l.,
audit will DO the ssmo in the noxt, the in
taence Of New England will prevail in leg
islssion. and as heretofore, the peculiar
interests ofthat section OF the country will
he fcstsred aud protected. Is il to be sup
posed that tho people will rest content
under such an unjust ani unequal policy ?
New Eagand Radical paper, the Spring
hsli Republican. in an article published
since the Presidential election, takes the
folloxing sensible visw OF tho political sit-
usticn. II says:
" Bat IL IL in matters OF revenue aud ex>
p-nditure that the sense Of tho country is
most positive, md its resolution taken.
IL isa dill .uit thing TO get the country
back from the abnormal condition OF war
10 that OF peace. But somebody has go,
- do ito exhibit the courage aud skill
u return the nation to u lnancial state, IN
which al will no, bc ss now in continual
~ss,c-in which the distribution Of wealth
shall again become fair and natural-and
asa consequence extravagancc aud wsnton
luxury viii l.. rebukcl and corrected. We
cannot 20 vn a. We ere. The country ia
-. fssA ~rl h.
becoming too thoroughly impoverished.
Whether right or wrong. the people will &C
snss the party in power Of those evils. the
c.as.s Of which they may not see, but the
s6scts Of which they can most bitterly feel.
Mr.. Seymour was right-.he financial is
sue 70 to b. pressed; aud the Republican
party must meet IL WITH courage aud in
toilissnce"
Most true isit. I've cannot 20 on as We
eve As the Republican says, "thc country
is losing strength too fast, and the poor are
becoming too thoroughly impoverished.
There mus, be change. but the people are
not yet prepared Cor the measures that will
be necessary 10 stop the waste. and cAtray-
agancc and bring about that condition OF
shall again become fair and natural" II is
the Jaiy Of The Democratic party in the
present emergency Of the country 10 main-
tain intact lite orssnizstion and press tbs
financial Issues which they made promi-
nent ia the late canvass. Under Democratic
rule the public burdens we're always light,
and the country prospersd 10 remarkable
dssrss, because it was. Democratic policy
to distribute wealth fairly and naturally.
itcan not be lsns before tho people will de-
mand the restoration Of the party 10 power,
whose policy will bring relief 10 the country
and again restore prosperity aud its pro-
gress in wealth and power.
Tns Supreme Court Of illinois has given
the decision 10 the matter Of the assess.
msnt Of bank capital for. taxation. - desis.
Ion Of very great Importance to the interests
Of the people.
The case srig,satsd 10 the Board Of Su.
psrvisers Of Chicago. the Board taking the
ground that, under the statute in relation
20 ssssssmsnts, bank capital. being msnsy,
must be assessed ct its par value a. money;
that, in oth,r verbs, Il was not left to the
judgment Of the assessor. as in the case Of
other property, to fix . valuation upon
that which 10 itself the standard BY which
all other values are measured. A county
assessor, on the oppesite. assumed to pos.
sess authority 10 assess bank capital u only
ons~shiri Of its amount, or money value
and this selfconfident offs went 90 hI
a. 10 notify the Board Of Supervisors tha,
he should no; obey their instructions in ,hs
premises, but thonld 10 guided BY his osr
Judgment Of the law.
The Supreme Court has decided tina. tht
Board Of Supervise ere right that banh
capital must tie assessed at its par value
because, being itself the representative and
standard Of its own value, the assessor car
have no discretionary judgment in the pre-
niscs.
Patents.