The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1876-06-10
OUR NATIONAL FINANCES.
IN HnN luHN NAGwIRB.

Continued from our last
III order III proceed logically, We must
connect the crcumstantial proof as it APP
pears upon the records of history Eng
lands jealousy W our growing political
power IS notorious, and that if opportuni-
" offered that England and France could
bynterterence 10 our domestic atiairsagaln
break Up our republic, they would avail
themselves If the occasion, II 1t should 80
happen When the rebellion commenced,
III 1861. both England and France exhib-
ited uumlstakabie evidence OF their desire
u ala those who had undertaken to break
up the governments and found a new gov
eminent, as they proclaimed, with negro
slavery AS the corner stone Such pol
icy would uage enabled England to con
tinue, by her mastery craftsmanship, con-
troll IF the commerce Of the world.
But after Secretary Seward had directed
our minister Al London 70 notify the SOW
rTel.us If Europe and the world, that the
teCule uf America would settle their diff
Hcu.tl-s Ill their uvu way, and that inter
ference ND the part Of foreign nations
would not he permitted, neither England
nor France, after that notice, made any
open hostile demonstrations of interior
ence Nevertheless. IL Is notorious, that
the armies engaged On the side Of the re-
belliunlsts were fitted ont and equipped
by England and France, with everything
except the Ulcers and soldiers. Aud this
was done with view TO cripple American
commerce, IN order that England would
not have 81 formidable competitor a.
America In the markets 4 the world
In 1853 III letter Uf the National
mon oEtEIzauor. addressed to Presid-
ent Grant, beiore'he delivered his inaug-
ural, His ENcellelcy ; attention was call
ed to the following, which was published
a few days before IN ali English paper
called the Manchester Guardian:
I'm 1850, England paid eighty millions
for raw cotton. put il through her factor
les, and brought 1t cut worth two hundred
and forty-two millions. In 1860 she
doubled the value made the excess Of
value attained three hundred millions
more that The cotton famine in 1864, con-
seguent upon the cessation " the Amer
lean supply, had cost her fifteen millions
in poor relief Mr. R0buck and Mr. Baze-
liz, members Of Parliament, and Jacob
Bright, at a meeting Of the Chamber Of
Commerce, said: 'Enghshmen are gradu-
ally becoming alive to the fact that Amer
leans are IN fair way to supplant them
IN all the most coveted markets Of the
world. "
IL was manifest from the utterances Of
those English statesmen, that unless they
could secure control Of the money power
of American, they could not control the
most coveted markets Of the world.
Says England's historian, Lord Macau-
lay. That the Jew should be privy
counselor to a christian king, would be an
eternal disgrace to the nation. But the
Jew may govern the money market, and
the money market governs the world
The minister may he in doubt as to his
schemes Of finance till he has been closet
ed With the Jew A congress Of sover-
eigns may be forced to summon the Jew
to their assistance The scroll Of the
Jew on the back Of piece Of paper, may
be worth more than the royal word of three
kings, or the national faith Of three Amer
lean republics.
The money power, Macaulay truly said,
rules the world, and the nation that alb
dicates her money power or transfers it to
foreign nation, or 70 individuals who
control monarchial governments by the
money power, will certainly control the
nation that has abdicated that power.
Pardon me If | dwell more at length
upon the question Of sovereign power.
Unlsss a nation possesses power to provide
the means for relieving the necessities of
it's people, or, in other words, the n ans
for self preservation, and power t. en-
4. H., La IL
eminent cannot hang together
That the American people, In their SOW
ereign capacity, do possess all power ne
cessary for self preservati0n, and power to
execute their laws, has been practically
and visibly demonstrated to the whole
world during the late war, the history Of
which will forever stand as a monument
of sovereign power. Never since the time
of Cesar, Charlemagne, the first Napole-
on, Wellington or Bismarck, has the world
produced greater masters in military sci
ence than the American officers who con-
Quoted the late war on both sides Never
has the world produced better soldiers.
SAYS an eminent historian Give the
American soldiers a just cause, and they
will prove to be the best in the world |
With all the activity Of the Frenchman,
the reckless daring Of the Irishman, the
steadiness Of the German, and the pluck
of the Englishman combined, they are
power that all the nations Of the world
combined cannot overcome, with their
resources for support.
When it became necessary to invoke the
military power to save the government,
the Constitution and the civil law was
.wept by the board for the time being.
And the military power, during the war,
vas enforced in q manner never exceeded |
n severity and seeming cruelty by any
nonarchial or autocratic government that
las ever existed since the formation Of
governments founded on the theory of
jhristisn civilization /; neither has It been
xeeeded by the iron-hesrtsd ana steel l