Smyrna times., 1878-12-04

nnananclal laws; hopes that the agitation 4
over the transfer of the Indian Bureau may
cease with this session, and advises Con-
gress not to legisate on the finances.
THE heavy taxes levied on property year
after year, Notwithstanding a decrease in
values of thirty to forty per cent, says the
Newark (Del.) Ledger, causes great deal of
suffering and dissatisfaction. The Legisla-
ture should pass law for our counties to
pay stipulated salaries to all officials ex-
cept Collectors of Taxes, thus reducing
and the same time equalzing their COM
pensation. The sheriff Office of New |
Castle County is estimated to be worth |
$4,000, for term of two years, while the |
Judges Of our Courts are allowed only from |
$l,500 to $1,000 per annum; and the re-
sponsibility resting upon the latter in
comparison with other county officers is
very we'll known. The heavy taxation
could, in measure, be greatly reduced by
the passage of such a law as mentioned
above, and allow just and sufficient COM
pensation according to the duties per-
formed
THERE are a good many indications that
the Democrats will make strong effort to
unite their party and the Greenbackers in
a combined assault upon the National
banks. They have given up further oppo-
sition to resumption as hopeless. A con-
sultation will be held in Washington this
week to discuss the situation and decide
upon a plan of union. The South and
West are said to favor the bank warfare,
but there are no reports concerning the
standing of the Eastern Democrats. This
does not matter much. The Eastern
brother will succumb to the pressure readily
enough, and, if he doesn't, he can easily
be overruled. The South and West have
him completely in their power henceforth,
and the less resistance he offers the
pleasanter will life be to him.
The Cleveland Herald, the leading Re.
publican newspaper in Northern Ohio, in
an article of great wisdom and force, de-
precates the policy of "bloody shirt" II
says "a new series of political campaigns
upOH SOOLlOhdA lSSuSS nOuAu ocIlOuSll
retard the development of the country, the
revival of its industries and the restoration
of prosperity. All the important economi,
questions waiting solution-questions o
currency, tariff, internal improvements
taxation, emigration, foreign trade and tn
like-would be indefinitely postponed. Il
the angry turmoil of sectional strife, mena
ced by the spectre of new civil war, tn
nation would come to a standstill, an
would waste the energies needed for il
growth in a needless quarrel within its ow
household.
THERE seems to be an animated discus
sion among the Democratic politician
about the best course to adopt with refe
ence to the Cipher Dispatches. Some
the leaders Of the party at Washington al
strongly disposed to order an investigate
by the Potter Committee in the expect
ton of discovering felonious transaction
on the Republican side to balance IL
operations of Weed and Marble. Som
less sanguine and better informed, propo
to investigate just far enough to relieve Il
party of the odium of sustaining Mr.. I
den. And third faction recommends I'll
Democratic House to stick to routine bu
ness this Winter, and refrain from stirril
up cesspool.
RESUMPTION will not send the prices
commodities up or down. In that respe
its advantages have been anticipated. B
it will rastore confidence. Contracts can
made after the 1st of January which W
not be disturbed by lying standard
legal tender. Merchants and manufacture
can go about their business without
haunting fear that the best-laid schen
may be defeated in the end by an irredee
able and huctuating currency, agail
whose ups and downs the wit of man C;
not provide.
The news from across the water is ii
England is entering upon winter ii
will be terrible in its effects upon tho
ands of families. Factory workers a
miners are all in the same plight, busin
being 50 dull that employers have to
duce wages to the lowest point, or s
altogether Merchants and manufactur
are 81. every day, and there is no pl
pect Tor Improvement. American produ
of every kind are driving out British m
ufacturers and thus making times VIC
than ever.
WITH resumption a practical certain
it is well to take into account the inhat
of the currency which must result from
bringing out of the gold now in the
tional Treasury, the bank vaults and priv
Golfers. Taking all the facts into consid
ton, it appears certain that after Janua
there will be added to the circulat
medium of the country quite if not f
two hundred million dollars of gold.
reasonable to anticipate, provided alV
that resumption can be successfully m
tanned, considerable rise in prices.