River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-21

a Revision was inevitable, and il was we'll
that 1t came now. Speculation, extrava-
gance and overtrading always lead TO the
same results. BY this revulsion we shall
get rid OF many of the most pestilent
stock and gold gamblers, wheat scalpers
and the like, who are the curse of all
legitimate business. These failures will
clear the atmosphere, and enable us to see
where we stand In the throes of the
commercial world to rid itself of what
incumbered 1t, many must temporarily
suffer. But believe that the heart of the
country is yet sound, and while specu-
lators may be swept away and business
largely suffer, ultimate good will grow
out of it.
PRODUCER ALL RIGHT.
The producer will be found to be all
right. Our vast surplus we still have !;
Europe wants it all, and must have it, at
remunerative prices. The present de-
rangement has depressed prices, but, as
believe, but temporarily, and my advice
to the farmer would be, after paving his
most pressing debts, to hold his produc-
ton until matters become more settled
and the future better assured. There is
little occasion for pa.ic in legitimate
business, and, instead OF tanning the
flames Of distrust, every good citizen
should endeavor TO reassure his neighbor
and restore confidence in business.
PARTY TIES.
1t is pleasant in coming before the
people to have something new to talk
about. IL cannot be denied that party ties
hang very loosely this fall, indeed, so
loosely that we find that the old and once
honorable Democratic party, has prac-
tically disbanded, and it is believed that
a large number ofits late members viii act
with us this fall 1t is true that hand
full got together few days ago, and with
few soreheads from the Republican
party, whose great merits have not been
discovered by the party, nominated a
ticket TO which they were ashamed to give
q name.
PEOPLE LOOKING AFTER THEIR OWN IN
TEREsTs.
The people are looking more to their
immediate interests than formerly. Here
tofore loyalty has covered a multitude of
sins, but that day is past, for though the
people have no idea of entrusting with
power those who were enemies of the
country in its hour of trial, they will re-
quire ability, integrity and fidelity
on the part of their public servants,
whatever their antecedents may have been
during our great conflict. The recent
contest in California has a deep signifi-
canoe. From the outset, confess to have
felt deep sympathy with Governor Booth
and the reform movement there. Such
movement was there necessary
Both parties, Republican and Demo
cratic, were completely in the control of
the money power of that state, but the
people have proved themselves master, as
they always will, when they choose to
measure their strength. They have fought
a good fight in California and have come
off conquerors. 1t was fight against
the extortionate and overbearing insol-
ence of the Central Pacific Railroad,
which owns all the railroads in the state,
and its attempt to control legislation and
ruin San Francisco by seizing upon Goat
Island. The records of Congress will
show who first invoked congressional
action to restrain this mammoth Corpora
ton and by whose efforts the Goat Island
steal was defeated, though all the infiu-
ence of California in Congress was brought
to bear to put it through.
No such party as has been set up in
California is necessary here, because the
Republican party is pledged to al the
reforms the people demand, and it will be
no fault of mine if those pledges ars not
faithfully preserved and kept. Hereto
fore, have had to talk about and defend
the principles of the Republican party as
they existed before these new issues had
arisen. IT'S not so now. Those princi-
piles have vindicated themselves and are
accepted of all men.
OF REPUBLICAN, PRINCIPLES.
1t would be interesting, but perhaps not
or to all persons agreeable, to
look back and trace the progress of Re
publican principles in the past twelve
years, TO their final consummation
Such grand results were never contem-
plated by the party in its day of forma-
ton, and indeed not until it was pressed
to it by the irresistible logic of kvents.
The Republican party was not a ys the
party of courage and grand purpose that
it afterwards became, and that slavery
was not fastened upon the country in 1861
for all time, was not because the leaders
of the Republican party of that day did
not attempt it, but because the leaders Of
the rebellion did not second that attempt.
1t will sound strange to many whom i
address, to be told, that as late as Februa-
~, 1861, majority of the Republicans in
Congress were ready to amend the Con-
stitution so as to decree the eternal perpe-
tuity of slavery, in case our southern
brethren would desist from the attempt to
dissolve the Union, and in a committee Of
33 members, being one from each State,
appointed to consider the disturbed condi-
ton of the country, so good a man as
Charles Francis Adams, on the 2Sth De
cember, 1860, offered in committee the
following resolution:
ResolUed, That It Is expedient 10 propose on
amendment 20 the Constitution OF the United
States providing that no amendment having for
its object auy interference within the States with
the relation between their citizens and those de-
scribed in the second section OF the first article
OF the Constitution, as "all other persons, shall
that relation within its own limits, or shall be
valid without the assent OF every one Of the States
the Union"
Will IL be believed that that resolution
passed the committee with but three dis
senting votes?
Before Congress ADJOURNED, on the 4th
Of March Of that year, q proposition for
amending the constitution passed both
houses, and was approved by the Presi.
dent, substantially embodying the above
resolution. To comprehend fully what