Mt. Vernon Democratic banner (Mount Vernon, Ohio : 1853), 1864-06-04

              VOLUME XXVIII. MOUNT VERNON, OHIO: 'SATURDAY, JUNE 4, 1864. NUMBER 8. : gtmocratic jfianntr II UBL1SHKD BTKHT 8ATCRDAT XOBRrXO BT L. HAEPEE. ; Cfflee In Woodward Block, Sd Story. TERMS. Two Dollars pr annum," payable in ad ranee; $2.50 within six months; $3.00 after the expi nation of the year. ! . Lyon'i Kathairon. Kathairon is froin the Greek word Kathro, or Katbairo." signifying to cleanee, rejuvenate and re-at re. Thi artirle is what its name signifies. For ,, preserving, restoring and beautifying the human hair it is the most remarkably preparation in the world. It is again owned and put up by the origi-' aal proprietor, and is now made with the same care, akjii and attention which gave it a sale of over one .million bottles per annum. It is a most delightful Hair Dressing. It eradicates scurff and dandruff. . It keeps the head cool and clean. It makes the hair, soft and glossy. "' ' it prevents the hair from falling off. ' - It preveuts the hair from turning gray. It restore? hair upon bald heads. .Any lady or gentleman who values a beautiful head of hair should use Lyon's Kathairon. It is : known and used throughout the civilized world. Said by all respectable dealer. DEilAS S. DARNES 4 CO. New York. Mar. 2-ly . . . . '. V Ilagan's MnKnelia Rnlm. r-.-Thi is the most delightiu;! and extraordinary arti-ticle ever discovered. It changes the sun burnt face tnd hands to a pearly satin texture of ravishing beauty, imparting the marble purity of youth, and the - ilittinyne appearaQco so inviting in the city belle of ashion. It remVcs tnn freckles, pimples and roughness from the skin, leaving the complexion frei-h, transparent and smooth. It contains no material injurious to the skin. Patronized by Actresses and Opera Singers. It is what every lady should have. Sold everywhere. .. - - Preparce by W. E. HAG AX, Troy, N. Y. Address all orders to : DEM AS S. BARXES i CO. New York. Mar. 2G-ly JIEl.USTP.EET'S.i-Inimitable Hair Restorative, ; " '''. XOf A irYE ' . "Bat rc?t-M-c erny hair to it 'original elor, by Fup-- "plying ft-- c'api'i iry tubes with natural sustenance, iinjv.re-S 'r dica-e. All intt'intmftui .'' are o.im?'-.-l yii' Inmxr ca?ir, destroying the vitality and btiauty the hair, uti.l ulToni of themselves no -dressing. Heimtrct's loinitablo Coloring not only rest-ire h.iir t- its natural color by an easy pror oess, but -ives the hair a j Luxuriant Reanty, promotes it growth, preventsits falling off, eradicates dan ir:inV"iind imparts health and pleasantness to tLo Leal it has sfo..d' the test of time, being the -original Jlir Coloring, an Lis constantly Inerearfisg in favor. ' Used by.bc-tlrgvtlcman and ladies. It is old by all respectable dealers, or can be procured bv them of the eoiumeri-i.il agents. D, S. 'BARNES A CO. 202 broad way, New York. Two sizes, 50 cents rn.nl $1. . fllar. 2fl-lv . - 31 ex lean Mustang liniment. The parties in St. Louis A. Cincinnati, who have counterfeited the Mustang Lihiment under pretense of proprietorship, huve been thurouphly estoped . by the Courts. T r;i!rd against further imposition, I have procured from the I'ni ted States Treasury, a private steel plate revenue stump, which ; is placed over the top of each bottle. : Etch stamp bears the facjtmile of ny Signature, and without which the article is a Counterfeit, daugerous and worthless imitation. Examine every bottle. This Liniment has beon in use and growing in favor for many years. There hardly exists a hamlet on the habitable jlbe that does not contain evidence of its wonderful cfl'ects. It is the best enrollment in the world. " AVith its present improved ingredients, its effects upon nian iind beast are perfectly remarkable. Sores are healed, pains relieved, iivo saved. - vuhiabie animals mads useful, and untold ills assuaged. Fr cuts, bruises, sprains, rheumatism. swellings." bites, cuts, caked' breasts, strained horses, ..., it is a Sovereign Keiirtv dy that s houbl never be. (iispeneed with, it should be in everv fatni'y. Sold by lruggists. " D. S. UAKXES, Xew York Mar. 26-1 v ; i S. T. I8G0. X. Persons of sedentary habits troubled with weakness, lassituile. palpitation of the heart, lack ofape-tite,-distress i after eating, torpid liver, constipation, Ac. deserve to suffer if they will not try the celebrated f . Plantation Hitters, which are now recommended by the highest medical a-tth .rities, and warranted to produce an imme'linte ben.-n.-ial effc'-t. They ures exceedingly agreeable, per.etly purer and. must superi-ede all other tonics whore a hfiakhy, geutle stimulant is required. They purify, strengthen and invigorate. They create a healthy upetite. They are an antiJotc t. change of water and diet. They- overcome effect's of dissipation and late hours. ' They strengthen the system and enlived the mind. They Prevent miasmatic and intermittent levers. They purify the breath and acidity of the stom.ich. iney cure Dyspepsia and Constipation. They cure Uiarrhea, and Cholera M--r(us f hey cure L 'cr Complaint and Xerv-is - ilendaehc. - 1 They make the weak rtroni, the ttn'-.ii n-illiant, and are exhais'.-d u i'are s ,r it re ir.-r Tiiey are t-,inposot ot the ' '-eie-rated alisa'a v' ir.-., winter- green, sass'ur-ts, r -is an i aerns. nil :rre-- i ,n per- feytty pure t. 'Jr-.ii ran t r pur; i l i . culrs an 1 :estim nsa .iruhil eachb-.i--. He ware Of 'iin poster Examine ever th t it h.-ia our private U. . Stamp unm . . -the r-. with plantation H'-ene, and our a fino -: pl ite side label. See that, tit-..' not rti'l-.-fl via spurious and deleterotis ?r per .a ',r'i!i ';!Bi to sell plantation liiticr ..--e , w-r :: 0 i; U to is Any cither by tht .ii:-'U tnd B;ilk, is an impostcr. Any person" i.n.t!rin this bottle, or selling Any other material therein. wSether allel Plantation Bitters -or not. i. a rrimsnat un lr the IT. S. Law, and will be So prosetvjtij 1 by m. We already have our eye on sev-. ral parties re-filling our bottie9, Ac-, who will succeed in getting themselves into close quarters. The demand fr Drake's Plantation Bitters from ladies. lergymen. merchants. 4c., is incredible. The simple trial of a bottle is the evidence we present of heir srorth and superiority. They are sold by all res-'pecUble druggists, grocers, physicians, hotels, saloons, steamboats and country stores. P. II. DRAKE A.CO, Mar. 26-ly 202 Broadway. N. Y. . Home Testimony. .. ., Iispsdncp., Richland Co. 0. ) . .. September 25, 1859. I J)t. C. W RoiAci Der Sir : This id to certify tbt I was severely f.Sictd witt f the Liver. I was recom- teaJed ta try your Scandinavian Blood PilU and Purifier, and did to. I used them with great success od oaa racoaiuiend thetn to my friends to cure the diseases.' they . are recommended for; consequently heir sales here, your Agent informs me, are altogether satisfactory. Wishing you great success, I am j 2- -' Xou pineere r rieao, y " " ' Jobv E. Wabbbum. , See advertisement ia another column. ' ' r - ' - 7To'jrptrQDj fisitrerr-Qr l?.otXiS)xes. A Reverend Oeatleman having been restored to health In a few days, after undergoing aUthensu-. rntlne d irregular expensive modes ef treatment rTithont sueeeas, eoasiders it hU sacred doty to com- 'Tl."u ue4ed renew ertmgXhM means of ! Ki,T ""'P f addressed enveU Direct to Dr. Jobm M. Bik!vm.VTr " V-v-e SPEECH Gen. Ceo. . Morgan, DELIVERED AT Frcdericktoirn, Knox county, Ohio, APRIL 22d, 1864. Friends and Fellow-Citizens : In response to your invitation, I have come to counsel with you in regard to the perils which beset our . unhappy country ; and, at your request, especially to consider the financial condition of the United States, and to examine into the causes which: have brought us as a nation to the very verge of national bankruptcy. And after having examined the condition of our finances, I will briefly refer to the rebellion ; the failure to suppress it, and the only means by which the Union and the Constitution can be preserved, the rebellion be overthrown, and peace be secured. MEETIXG OF CITIZENS. But before proceeding, I cannot but express the gratification I feel at finding citizens of opposite political parties here assembled, for rely upon .it, unless our countr-men have sufficient patriotism to merge the partizan in the patriot, our Institutions and our liberties are hope- lesslv lost. If wise laws be- enacted and faithfully administered, we must all, Republicans and Democrats, be equally, benefitted ; so, also, if the government be badly eonductetl, we must all be common sufferers. And do we not all know that if an aristocracy were to be created among us, that the aristocrats would be few in number, while the great body of the people without regnrd to present party names, would be mere serfs ? If any one doubts this, let him consider the condition of the people of Great Britain, where, out of a population of thirty million inhabitants, there are only thirty thousand land owners ! Be assured, then, that come weal or come woe, the fate of tile great bod V of the people will ring and pushing all the measures of an aver-be the sarac. And ht nee I address you -gp-'. session: I)uring those eighteen weeks, p 11 1. . . j scarcelv anvthing lias been accomrdrslie 1:. and as follow-citizens ; as Ohioans ; and as my countrymen. I invoke your earnest and candid attention. HAVE THE PEOPLE THE RIGHT TO GOVERN' 2 . ': .- " All for the people, but nothing by the - people," has always been the maxim of the pliant tools of despotism, and it is to be regretted that so dangerous a dogma should find advocates among us. And hence an effort has been made to prevent free discussion, and the people have been denied the right to examine into the conduct of the agents chosen bv them to administer their affairs. But if we are deprived of this inefctima- ble right, what better is our condition than of the serfs of Bussia? For you will ( alL agree with me, that free debate is , the life-blood of liberty, and if one per-1 ishes, the other will die with it. Our ! Institutions are based upon the idea . that the people are capable of selfgov-; ernment, and . if they are not, then a government like ours is a delusive cheat. But if it be true, a3 I believe, that the people are capable of making their own laws, then it is evident that they must have the right to discuss and pass judgment upon all governmental questions. And therefore I shall proceed to the discussion of certain matters of great I import to us all, and I sha1! do so with" the seriousness which the gravity of the times demand. OUR BRAVE SOLDIERS. . But I cannot proceed without first expressing the pleasure I felt to-day on taking by the hand a number of the gallant men, whose heroic deeds have reflected glory on our arms. For my part, I love a good soldier a man who, from high motives of p trioti.-m goes forth to battle, and if need be to die for the union formed by our fathers. And I am glad to see soin-v of these brave men here on this occasion, and though sickr nc.-s compelled m;; to kst ve bybrothers-in-arms on a ".distant fit-l 1, yet I need not assure them that my sympathies will ever follow our flag wherever it may float. TIIIIX AND NOW. A little more th in three years ago, ours was the happit st land on earth. We were then fre. tV'm debt, andHeaven-born peace, with all its blessings, smiled upon our homes. Our commerce whitened the wave3 of every sea, and our manufactures were in , successful competition with those of Europe, in all the busy marts of the civilizedworld.--Our farms teemed with plenty, and their products commanded good prices in specie, or in a paper currency - which commanded it, at the farmer's option. The merchant bought his goods at low rates and was satisfied with small profits the mechanic had plenty to do at remunerative prices, and the laboring man was paid for his toil in a currency in which every dollar was a dollar j so un like the depreciated paper money of today, which, when it calls for a dollar, only means forty-five enta. Then, sugar sold for seven, and coffee at ten and twelve cents a pound. Nov, Bngar sells at twenty and twenty-five enta, and coffee at forty-five and fifty cents per pound. : -Then, one dollar bought eight yards of good muslin; now ir will only buy a JittTe.more .than .two yard, of a poorer quality. Then, the general gov- ernment was supported by a tariff levied on foreign importations ; now it requires an army of excisemen to collect the direct taxes. Then, the Union, composed of thirty-four States, was free from debt; now all we own is mortgaged to secure a debt, the interest upon which we are forced to pay in gold. Then, we had fewer taxes than any people onearth--now, we have more. BANKRUPTCY INEVITABLE. In this alarming crisis of our affairs, I should hesitate to -speak of the finan cial disaster which may be upon us at any moment, had not two of the leading journals of the administration, as well as the distinguished gentleman who presides over the treasury, first sounded the alarm. . In its issue of April ldth, 1864, in an able and patriotic article headed: "How the Rebellion is abetted in Congress 'the New York Times, from which I read, says : '.Gold at 175, an Concreps, with tax bills. tariff bills, bank bills, every financial measure, lifeless, and shapeless, engaged in puttTng down freedom of debate in the National Capi tal ! In the name of loyal peome we protest. It is a disgrace, and an ontrage. We tell these men at Washington that pas sion is making them mad. It is an absolute infatuation that has seized them. Their words strike upon the ears of the; people like the gibberish of Bedlam. Where have the senses of Congressmen gone that they don't realize the terrible burdens that rest upon the people, and the tearful dangers that confront the Government? Do they call themselves loyal men, and yet play these fantastic tricks? By their default, the prices .of every thing that sustains life are rapidly mounting, the currency is gradually turning into worthless rags. Inch by inch, foot ly loot, the Government moves on, straight before the eyes of its guardians, toward the bottomless pit of bankruptcy -yet distant,' but unless they act, 'inevitable'.-Not an arm do they yet raise to save it. If they had-'but done the luty they were put to do. the credit of the Governnvetit would still be resting on its !d foundation." . ' The New. York Tribune, under the head of Nero Fiddling," in its issue of April 10th, 1804, speaks as -follows : " Congrfss'has now bec'ri. eighteen weeks in session- a term amplv sutnrient nr the matu- the little that has been well doiie inotie House hat generally been undone in the other Meantime the Xaiion is.' drifting $tca(li?j tmcard bank-rtp(i Capital is lefrandi!l of its jut inoo.me. and Labor of its due reward ; and all lbrwa.it of prompt and proper legislation." Mr. Greeley here declares that u the Nation is steedily drifting towards bankruptcy ; Capital is defrauded of its just reward ; and all for want of prompt and' proper legislation." Now, my friends, there is more to excite just alarm in the solemn warning of these. leading Republican journals than appears upon the surface. Both are conducted with high ability, both are devoted to the interests of their party, and yet they tell us that it the Currency is gradually turning into worthless rags. Inch by inch, foot by f0(,t, the Government moves on straight before the eyes of its guardians towards the bottomless pit of bankruptcy." And the Times declares that passion has maac the guardians -of the Government mad, and that " their words strike upon the ears of the people like the gibberish of Bedlam." . Now, Sirs, I think that you will all agree that the alarming picture of our affairs as drawn by the Tribune an 1 the Times, are sufficient to excite the inquietude of every good citizen, and to cpn- vince us that'thc Country will be hope lessly ruined, unless the Government be intrusted to statesmen who will adopt a wiser and a better policy for the administration of our national affairs. The people have acted nobly and generously with Mr, Lincoln. Without the authority of law, he called for eighty thousand men, and as if by magic they sprang to arms. Every state," every county, every town, vied -one with another in contributions Of men and money, until two million five hundred thousand men have been called into the field, more than one third of whom have never lived to return to their families and their homes ; and now, in the fourth year of the war, the Honorable Secretary of the Treasury, in a letter to Senator Sherman, which I hold - in my hand, as published in the Cincinnati Commercial, under date April 12th, 180 4, declares : " Nothing short of taxation to one-half the amount ot the current expenditures, and reduction of expenditures to the lowest point compatible with eth ;iency, will ineure financial wuccesa to the Government ; and without military success all measures -will faiL-" Very res pert hi I lv, "S. P. CH ASE." And thus are the people repaid for their prodigal expenditure of blood and treasure, by being told by President We - . -mm-. . f . .Lincoln through nis Minister of lunance. that "nothing short of taxation to one- halt the amount of the current expend itures, and a reduction of the expend! tures to the lowest point compatitable mm cuiicujf, wm insure nnanciaisuc cess to the Government." And what, let me ask, ia the amount of the tax which the President asks to have levied upon the people? It is ea sily ascertained. More than two years ago, oetore tne'Erreat lnttation of prices, and when a Daper dollar commanded a dollar ia gold, the daily expenditures of the' Government amounted to 'a, tnillidn and a-half a day; -Since then, ihe dost of the munitions of irar,; btf ai average bare doubled; -and that advance at once doubled the amotmt of the expenditurrSs or made them three million a day, frith- out making any allowance for the depreciation of the paper currency. But when we take into account the fact that greenbacks are only worth fifty-five cts. on the dollar, we may safely put down j the daily expenditures of President Lincoln at four million dollars a day. And he asks, through his Secretary of the Treasury, that the people may be taxed to one-half 'that amount; or in other words that'a tax of two million a day, or over six hundred millions a year may be levied upon that portion of the people who are not exempted from taxation as government bond-holders. This estimate may seem large, but when you consider that in addition to the causes already mentioned, that when the war began, tens of thousands of volunteers rushed to arms without asking or receiving bounty , but that since then, the government has paid bounties of three and four hundred dollars, and the "recruiting officers have been paid fifteen dollars for each soldier enlisted. From which you will see that the estimate I have made, is rather under than over the true amount. Hence, then, Mr. Lincoln desires to collect from the people a yearly tax of six hundred million dollars, and when we add to the proportion to be levied in Ohio, the twenty-five million of State and local taxes; the people of this State would, at that rate, have - to pay the ensuring year more than one hundred million dollars in taxes ! . One hundred million dollars proposed to be collected from the people of Ohio, during the year 1865 ! Why, Sirs, the entire expenditures of the federal government during the years 1Mb & i, including the cost of the war with Mexico, the interest on the public debt, and the total ' expenditures of the ci vil service, only amounted to Eighty-eight million, one hundred and fifty-three thousand, one hundred and thirty-four dollars and sixty four cents. In other words, President Polk invaded Mexico, conquered a peace, and paid all the expenses of the civil government of the United States, during a period of two years, for eleven million, eight hundred and forty-six thousand, eight hundred and sixty six dollars less money than President Lincoln proposes to collect as taxes, in one year from the people of Ohio, alone: (See Childs' annual record for j H4 pages 190-191) And here letvn. that President sion of peace, and that the eola since re- ceived from that state, paid all the expenditures of the government during that Avar, and has given us a surplus of over four hundred millions in gold coin. Now my friends, leaving you to calculate your proportion of the taxes for 1865V I will proceed further to consider the financial" ruin with which we are threatened. Turn with me for a moment to page six of the Finance Report for 1.863, and you will there find that the Secretary of the Treasury, estimates that the na tional debt, on the 30th of June, 1864 will amount to one thousand, six hundred and thirty four million, One "hundred and fifty thousand and forty-two dollars. And that remember, will only be the liquidated, or adjusted debt. Now let us refer for a moment to page 177 of the Americrn Almanac for I860, and we find that the aggregate "." expenditures of the United States for a peri od of seventy-one years, exclusive - of payments on account of the public debt an4 trust fund, amounted to $1,566,139,330 To which add expenditures for 18G0.................... 85,387,313 which gives an aggregate for 72 years, of...... ...$1,351,526,643 which last sum substract from expenditures of Mr.- Lincoln up June 30, 1S64, ...... .......$1,634,150,042 Expenditureb for 72 yeara... ...... 1,351,526,643 Excess of expenditures by Mr. - Lincoln $282,623,399 rri i " '. i .'' e-" ' . . ".' nus snowing tna in a little more than three years, President Lincoln expended two hundred and eighty two million six hundred and twenty three thousand, three hundred and ninety- nine dollars more than the aggregate expenditures of the general government during a period ot seventy-two years Or, m other words, President Lincoln has expended nearly three hundred million aoiiars more in a little over three years, than did Washington, Ad ams, Jefferson, Madison, Monroe, J.-.Q. Adams, Jackson, Van Buren, Harrison, Polk, Taylor, Pierce and Buchanan during a period of seventy-two years I It is true that President Lincoln has had to contend against the rebellion, and I would not detraet one tittle from the difficulties which he has had to encoun ter. But I propose to shew that he has proven unequal to the task be undertook, and that the people's blood, and the people's money have been needlessly squanaered. uut it Mr. Luncoln has the rebellion to-deal with, so had the other Presidents to deal with Shav'a re hellion, and the Whisky war ; the War witn tne UarDary states, and the three years war with Great Britain ; the thirty years war: with the Indians, the two years, war with Mexifip,.and the expedition against the Mormons.. - .- Brit it may be said that the rebels bro't into field hundreds brthdttsand? oPmen and that we were compelled do the same. And now wo come to the very gist of the question. It was well known to the whole country, and was proclaimed by the press ef both parties, that outside of South Carolina the great mass of Southern people were devoted to the Union. Under such circumstances, would not a wise and patriotic statesman, have sought to conciliate the great body of of the people of the South, and win them from the conspirators, whose joint action with the Northern Abolitionists, has brought upon us,all the horrors of ci-' vil war. This could have been done. Mr. J Lincoln - adopted a far different policy. For a time he allowed onr generals to is sue proclamations to snit their caprices or their aspirations. Hunter and Butler, adopted . the policy of rapine and confiscation, while McClellan and Bu-ell made war as practised by civilized nations. And their statesman-like policy did much to conciliate the people of the South ; while the atrocities committed -by the two former, shocked the sensi bilities of the Christian World ; cast an indellible stigma 'upon our escutcheon, ana causea the name ot Jiutler to be regarded as the synonym for Infamy; Step by step, and masked and guarded as the first advance of tyranny among a free people is forced to be, the dangerous and unwise policy of President Lincoln was slowly developed. Colonel Turchin who was cashiered for inciting some of his men to wanton crime at Florence, Alabama, instead of being dismissed from the service, was made a Brigadier General. The South learned to believe that President Lin-Coin aimed at the subjugation of the t j.: 1.1 .1 t n . , ' - win to- race, ana me aivision or their lands, among the negroes. xiau ir. jjincoin aesirea to give strength to Jetterson Davis and Ins co conspirators, he Could not have done so more enectually than by the policy lie purs nod. ; From the first hour of the rebellion, Davis, Yancey, Mason and the. other leaders of the conspiracy, told the Southern people, that Mr. Lincoln did not desire the preservation of the Union, but that he aimed at establish ing a vast consolidated despotism. And Mr. Lincoln proceeded to do, pre cisely Avhat the conspirators had declared; was his object. V - The consequence was that the Southerners, as a people, went into the rebellion, although a large majority of them had heonUlevited. to the Union, but tViftv e foYeelTtottfffve thatrthcrnad no4 choice but death or subjugation. Sirs, mngnanimity is always true policy, and he, whose soul is not large enough to be magnanimous, is unfit to preside over the destinies of a great nation. And I assert that a wise and conciliatory policy Would have won to our .cause a large proportion of the Southern people ; and had such a policy been adopted and adhered to in good faith, the rebellion would long since have been a matter of the past, and we would now be in the enjoyment of the blessings of peace and Union. And I now predict what time will prove, that mere force unaided by justice and conciliation, nerver can and nerver will restore the Union, as formed by our fathers. . And should this war with all its sacrifices and all its horrors, fail to restore the Union, President Lincoln will be justly answerable for every drop of blood which mil have been uselessly shed, and for every dollar wrung from the people's toil and blood, which he has wickedly squandered. Wise . concession would have prevented the war ; and patriotic conciliation would have brought it to a happy and successful termination, after hostilities had commenced. -" - . . " ' .;. ;":'. ... The patient, imperturable will of Grant, may cause our army to hew its way inch by inch, and foot by foot to the very heart of the Confederate Capital, and Richmond may be added to the brilliant achievements of Fort Don-elson, Shiloh, and Vicksburg, which have already secured well deserved fame to the victor. But all this, fellow-citizens,; will neither secure us peace, nor Union, unless a wiser and purer policy be adopted at Washington. More than eighteen months ago, Louisiana was claimed to be conquered: within that time the forms ; of an election have been gone through ;', and a Union Governor was declared to be elected by the citizens of that State ; and yet on the soil of Louisiana,' our arms have just sustained an overwhelming defeat, and a Union soldier is hot safe from capture, at any point ten miles from the banks of the Mississippi. :' , -Let us, then, insist as citizens who love the Union, who desire, the return of peace, the overthrow of the rebellion, and the preservation of our liberties let us insist upon a total change from the fatal policy which to subjugate the South, wonld end in the: enslavement and utter ruin of the people of the North.;- -. EXPENDITURES 0 PRESIDENT LINCOLN WIXnOTJT AN EXAMPLE IN HISTORY. It is admitted that by the "30th of June, 1365, our adjusted national debt will amount to at least four thousand five hundred millionTdollars. And it appears by the London Times, : from which I read, that during the twenty years of war between' Great Britain and Napoleon ; the former expended six hundred , and twenty million pounds sterling ; which at four dollars and eighty four cents to the pound, is equal to- three. thousand million eight hundred thousand dollars; or one thousand four hundred and ninety four million, two hundred thousand dollars less money than President Lincoln will have expended in four years. And, yet, during that twenty years of tem pest and of blood, Great Britain on more; than one occasion subsidized the armies of Russia, Prussia, Austria, Spain and Portugal. But let us tak another example more familiar to us all. During the seven years of the war of the American revolution, Great Britain only expen-ded.five hundred and thirty two million dollars or three thousand nine hundred and sixty eight million dollars less money than President Lincoln will have squandered during' hi& administration. The London Times estimates the debt of Great Baitain and Ireland, at "the incredible and incomprehensible sum of eignt nundred and sixty million pounds sterling," which amount is equal to four thousand, one hundred and sixty two million, four hundred thousand dollars. This debt is the product of several hundred years, and although the "Times" calls it an " incredible and incompre hensible sum, ' yet it is three hundred & thirty seven million six hundred thou J l-ll I"' - .1 "-IT 1 ., sanu uonars less tnan win De tne ao-cre- gate debt of the United States on the 30th of June," 1865. In other words, President Lincoln will have created a larger debt in four years, than did the Kings of England in four hundred years. . The narrow minded and inhuman policy of Great Britian, lost her the American colonies. Our fathers, driv en to despair, prefered death to subiu gation, and American independence was the result. And 1'resident Lincoln, deat to the warning voice of the past refused to receive Alexander ' II. Ste vens as - Commissioner from the Con federate authorities, thereby refusing to hear upon what terms the people of the South would lay down their arms and return to their allegiance as citizens of the United States. During the war with Mexico, a peace commissioner accompanied our army, but now Mr. Lincoln not only refuses to send, but even to receive commissioners from the Southern people. Blind to the wide spread ruin which envelopes us, and Tr-fe-OT which cro, nauiea wnile urnine. the President folds his arms in careless ease, and tells a funny story, at the very moment that the telegraph with elec-tic shock, brings tidings of disaster to our arms in Louisana. : THE NATION S WEALTH. On a former occasion, I made a calculation as to what would be the probable aggregate debt of the United States, at the close of tho next fiscal year, should peace then be concluded. And shewed from the census report for 1860, that, upon that estimate, all the States and all the Territories North and South taken at their assessed value, would not pay off that aggregate national debt. I then explained, and now. repeat that the debt refered to will not only include the settled debt, but also the outstanding or unsettled debt. And the Calculation was based upon the supposition that President Lincoln would hot cause the debt to be constructively repudiated through the action of the Court of Claims, and the Auditors of the Treasury. That estimate has been called in question, and without stopping to prove its correctness, I will consider the debt at the amount estimated by the adherents of the Piesident. They admit that the liquidated debt will on the 30th of June 1865, amount to three thousand million dollars,; and that the outstanding debt will be only half that amount, which would "make the asrirre- gate debt four thousand five hundred million dollars. Although this esti mate is much too low, let us apply to it a Tangible measure by which we may form an idea of its magnitude. Refer for a moment to page 194 of the Census report for 1860, and you will find that the assessed value of the real estate of California, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Mas sachusetts, Michigan, Minnesota,Missouri,-New Hampshire, New York, New Jjersey, Oregon, Pennsylvania, Rhode Island, Vermont, Wisconsin, the District of Columbia, Nebraska, Utah and Washington Territory, ' only amount to four : thousand, four hundred and twenty three million, six hundred and fifty six thousand, One hundred and eighty five dollars. And were all the real estate, in all those States and all the territories, to be sold and applied upon the payment of the national debt, taken at the very low estimate, last made, we would still be in debt seventy-six million, three hundred and forty three thousand, eight hundred and fifteen dollars. . Vr. . . By examining further, you will find that the assessed value of the real estate, in all the States and all the territories, North and South, and East and West, only, amounted to six , thousand, nine hundred and,, seventy three million, one hundred and six, thousand and forty nine dollars. And at the end ofA the next: fiscal year, the national debt, taken at the estimate of Mr. Lincoln's partkans, will be nearly two thirds of that sum. Hence, it is evident that there is a limit to the immense resources of our country, and that the mal administration of our affairs, will have reduced the united States from one of the wealthiest of the nations, to the condition of absolute bankruptcy. TAX OF FORTY-FIVE CENTS ON CTMLT DOLLAR OF PAPER CURRENCY. .; It is an alarming fact that at this moment, the national paper currency is forty-five cents below par. That is, greenbacks are only worth fifty-five cents on the dollar, and hence upon e? ery dollar vyu pay an indirect tax F forty-five cents. Pardon me for reducing to figures the value of the President's ourrency. One dollar m gold is now selling for one dollar and eighty cents in " greenbacks. lhen if one hundred and eighty cents in "greenbacks" arc worth one ; dollar in gold, how much gold will one hundred cents in "greenbacks" be worth ! The answer is fifty-five and five ninths of a cents, in gold. Or, to state the proposition in figures: 180 cents paper: 100 cents paper 100 cents gold : 55 5-9 cents gold. That is to ascertain the value of a gold dollar in ''greenbacks," multiply 100 by 100, and divide the. product by 180, or by whatever may be the value of a gold dollar in paper money. Then, for conveniance throw off the fraction 5-9ths of a cent and the value of a paper dollar is found to be fifty-five cents, so that on every dollar of paper money you lose forty-five cents; on every thousand dollars, you lose four hundred and fifty ; on every hundred thousand, you lose forty-five thousand dollars ; on every million, you lose four hundred and fifty thousand dollars, and at the samtr rate, you would lose one thousand, three hundred and fifty millions, on three thousand millions the estimated amount of the settled debt, on June 30th, 1865. In other words, nearly one half of the entire debt could hav been saved by the use of gold and silver, instead of paper money. COULD THE GOLD IIAVE BEEN OBTAINED? President Lincoln adnnfod triA nnli. cy of keeping the debt at home, instead oi Dorrowmg goia irom aoroaa. xut to do this, he makes you pay a tax of forty-five cents on the dollar for the useof "greenbacks," when he could hare obtained goM nT?nd(iir.Taf is and Frankfort, at six ner cent, where by he would have saved the peoplethirty-nine cents on every dollar of currency, and kept the prices of all commodities at their true value. - It may be said that sufficient gold could not have been obtained. Such is not the case. The house of Roth-childs, alone, supplied the first Napoleon with the means of carrying on one of his great campaigns. He drew on them at sixty and ninety days, and his drafts were always honored. The expenditures of the government have been gradually made, and the same gold, as a circulating medium would have several times come into the coffers of the treasury. . " Now suppose that one of your merchants or Farmers, wanted to borrow money, and you could eet it in Ohio at forty five, or in Canada at six per cent., at wnicn piacc would you borrow f - THE REMEDY. But has the war debt been kept at home for the benefit of the bond-holder, for surely no one else has been benefited? There is not one bond-holder for every five hundred of our population-; can it have been the object of the President, to impose a heavy tax upon four hundred and ninety nine person, for the advantage of a single individual ?-For such is the practical effect of his system. Would it not be more just for the bondholders ' themselves, to come forward and offer up their bonds as their roportion of the grand sacrifice which as been made .forthe preservation of the Union ? And why should they not relinquish their, bonds ? Probably not one dollar invested in the bonded debt is owned by a soldier, or by the widow or the orphans of any one of the two million five hundred thousand brave men, who went forth to yield their lives as sacrifices for their country. And should the bondholders release their bonds for the benefit of the country, they will stiU have done less than our soldiers; and the bond-holder's sacrifice can be made without shedding one drop of blood, or brining hunger to s single homestead. For the bond holders are the opulent of the land, and while our brave troops, have been bleeding upon the battle field, or languishing in the hospitals, the bond-holder led a life of luxurious ease, and only knew of the hardships and perils of the war, from reading the morning bulletins, by way of giving him a keen relish for his breakfast. Such an act. of generous sacrifice on the part of the bond-boldier, would secure the nation's gratitude, and free the country:from:a debt which- aits upon the people like & frightful night- mare. Ana wny snouia sea tne-oonu-holder's sacrifice be made'T- 'Js money more precious than life f 7 Is one citizen Better than another.' that one f vonM hm' required fo eive his life, and the other nothins? If not, then let the sacrificii