Crawfordsville Weekly Journal, Crawfordsville, Montgomery County, 15 October 1868 — Page 2
THE JOURNAL
T.1I.B. McOHSr. j. m. iti:EitE:uw.
3enoral U.S. GRANT, ofthc I'mt|
We only issue a 4-page edition
ter. We have delayed to-day's edition somewhat beyond our usual hour, in order to give as much election
news as possible.
DEFEATED, BUT NOT DISMAYED.
Locally speaking, we have met the
enemy
and are theirs. Yet weluwe
fought them a good light—their victory is so small that their crowing is Tout a feeble effort. We have not the
least doubt that there are enough Republicans in the county who did not vote to have changed the result. "We trust these may now see the impor
tance of one vote. Though defeated in our county contest, the great Republican party is not dismayed. Like that grand old Ai iny
of the Potomac, which advanced time alter time against the rebel lines only to be defeated and driven back,
until
under the leadership of Grant and Phil. Sheridan, it made one more assault and crushed its enemy,
ko
will the Republicans of Montgomery rally once again—and again and again, if need be—to the polls, until our opponents shall be crushed as the
torn between the mill-stones. It is
impossible
to conquer Intelligence by
Ignorance—Right can never succumb to Wrong, whatever may be the in
fluences "brought
to
son is, that our
I YVII AT A BK
Kili lors.
CRAWFORDSAaLLli IND.:
THURSDAY, OCTOBER 15, 1808.
VXIOX KEI'I'ltMCAX TH' SKT.
Kor rc.siilont,
AV
For Vice I'rcsid.nt. ,. Hon. SOHIJ YLEU COLFAX, Indiu i. (country. \V are coolly urwtea to contemplate ourselves, not only as groaning" under a load of debt that is never Iikclv to be discharged. but as
oi
the Journal to-day. On Monday
last wc issued an Extra Edition containing accounts oi the Big rime aud the Democratic Pow-T\ ow oi the diy pieteding, with other mat
bear. We pre
dict that the Presidential vote will show a majority for the Republican candidates over the Democratic, and
that the Democratic vote will be decreased while
ou.ts
will not. The rea
enemies
Kentucky 'Ku
cannot afford
to pay the expense!c-f tacir imported
.Minx
until the Govern
Ijer election. They have used them when they wanted them badly, and^ will, now let them get
back
home the
best way they can. From other points of.the State, and from Ohio and Pennsylvania, comes
the cheering news that tae Nation i* to be ruled during the coming Presi
dential term by loyal men—men who have been tested on the field and in
the National councils. Thank God,
the Nation is safe! Once more to the breach," Union
vp a so nsy
the itxites»
W'OBTH?
I A Tcat (.leal in said, by Democratic orators ami editors.—remark-" the I ineinnati ('ommcrvial—about (lie enormity of' the national debt, and the impossibility of paying it oil'for ever so many generations. It is deno:n inated a permanent. whole
hole propertv and labor of tae
acquiescing in our own dishonor, and emancipating ourselves from the incubus by attempting to pay it o!f by an unlimited issue of greenbacks. Such a remedy would be so much worse than the disease, that any party which should carry it into effect would be itself speedily repudiated by the people.
Rut let us consider, for a moment, the actual figures of our debt, as com pared with the probable resources of our people. We say probable resources, because all the means for estimating the value of property, or the aggregate of wealth in this country, (as in every other,) are necessarily imperfect and only remotely approximative. The science of statistics is yet in its infancy" nor has even the first rude attempt been made to tabulate the value of property in the national census until within thirty years. The basis of these tables, in fact, was the State levy of all property for purposes of taxation, which is notoriously greatly below the real value. It also excluded all property belonging to the States, or to the United States. When it is considered that this rough estimate thus excludes from valuation, as property, the entire public domain, with its enormous, though undeveloped wealth, as well as every other species of Government property, whether State or National, it will readily appear that the figures are sufficiently moderate.
The first attempt to procure data for an estimate of our National wealth was in the census of 1840. Since then we have had two additional inventories of property, and it is probable that the figures (though, as yet, far from trustworthy) grow steadily more complete at the end of each census decade.••.--Made up as they are, they certainly can not be suspected of over-statements.
The following are the figures of the ainrreirate valuation of property, both real aud personal, in the national census, at the, respective periods named 1Si() V..,-..
j1
men of Montgomerv Dress up your lines for t.h final charge in November. Ujsc up the column, and move forward elbow to elbow, steady and solid against our enemy, and—
Victory
is ours!
Gen. Schench has telegraphed from Dayton, Ohio, that he and Senator Morgan have decided that it was not necessary to notify a quorum of Congress to meet on the 16th inst. The presiding officer will accordingly, o.i that day, adjourn the two houses of Congress to November 10th.
DEATH OF HOWELli COBB.
Howell Cobb, who had come North in company with blathering B. H. Hill, to insult Northern ears with rebellious diatribes against the existing Government, dropped dead at the Fifth Avenue Hotel on Friday last. The world could have better spared a worse man—if such an one lives.
i. A (vr
mortgage upon the certainly moderate euonji Aid, as abor of the we are aware that the value
£:?,7i''!.ooo.ooo 7,1."!.",7S0.'22«S
Il will thus-be seen that, while the percentage of increase in the decade from 1810 to IS50 was less than one hundred per cent., the ratio during the next ten years was increased to over one hundred aud twenty-six per cent.
But. in the last census, the Marshals were instructed to go further. They procured a return from individuals. in each census district throughout the United States, of real estate and personal property as valued at the time, which was the 1st day ot June, 1860. The aggregate of this distinct valuation was, for the whole United States, no less than 819,089,150,289, or in round numbers nineteen thousand millions oi dollars. If wc offset the whole sum of the national debt against this, (excluding as it does, all National and State property, and embracing only the individual wealth of the Nation), wc shall have the following result: j\ (r^resrate of'private wealth
Tn the United States, in tgoo §10,000,000.000 Amount of National debt, 18ti0 '2,500.000,080
rtc a .^ onTon
(IK'AWFORDSVILLH JOURNAL: OCTOBER IB, jum
.NT.,vra::« o-i-o'Vf iullu.v of foreign population since 18U5, are doing much, and will do still more, between this and LS.'O. lo repair the waste and losses causei by our four years' war. Suppose we stale the increase for the current decade at only one-half of what it was in the ten years preceding. 1 his is
ul
slave
property was reckoned in the census of 1S(0, we will deduct that item from tiic basis of calculation, We shall then have the following result: of privuto wealth it\ tlin United Stales, ISfiO Deduct estimated value uf 4,000,000 slaves at fOOO
000,000,000
•J.000,000,000
Add percentage of inerea.1800 to 1S70, at one-half tliat of 1850 to!
Si0, or 615 per cent.
instead of 120 per cent 10,710,000,000
Ascirrojrate of private wealth
hi 1870 $27,710,000,000 The latter sum, after deducting the aggregate of our National debt, will still leave over twenty five thousand millions of dollars of actual wealth.
Now, suppefce that any citizen, possessed of property to an£ amount that may be named, owes debts to the amount of one-tenth that property is his case a very desperate oneV Is ten per cent, of one's assets a very alarming lien or mortgage upon one resources Yet our entire National debt, large enough as it is, and important as it is that not a dollar of unnecessary debt should c\er be cieated. is less than one-tenth of the private wealth of our citizens, leaving wholly out of account the public wealth, as well as the rapid and increasing growth of our resources in the future. Why, the value of the corn crop of the United States alone, for two years, would more than pay olf the debt of twentv-five hundred millions.
Let no reader misapprehend us. We do not believe in National debts,
where, is so much danger until it is in a fair way of liquidation. But when we are warned by partisan spokesmen that our people have got fastened to their necks a millstone so heavy that it will crush the labor aud the capital of the country, wc desire that the plain facts as to the relative amount of our debt and credit should appear.
'3'C'ISK!*.«SSBI» TltK.Vl'V Ik vst.
Gen. A. II.
Halancc §*16,500,000,000 But the above leaves out of account the great increase, during the past eight years, of our aggregate of wealth.' This has been prodigiously rapid in some directions (as in agriculture) and less so in others. We will not claim that it is equal to the ratio of the preceding ten years, although it is certain that the rapid rrow°th of certain industries, and the, claim to be Ku Klux
VVITEK
Reverdy Johnson, our Minister to
England, sends a cable ...-''dispatch to
our Government, making it known
that he lias signed a protocol with the British Government, regulating the ri dits of naturalized citizens. No
i_t£fi8.
if,
R.
District, and
Gen.
tii(ri.1 in,
in the Third.
Ali5*.'V OIUII. AM
particulars arc given, l«t it is interred Tuesday, tl.e defeat ol'Clomenl L. :il!JV 11,e Administration, from laets tawKgham would l««»o»gh to liU*v
heretofore communicated by our Minister, that the compact is similar in feature to Mr. Bancroft's treaty with the German powers.
Tmc Indian Peace Commission, composed of Hon. N. G. Taylor, Commissioner ot Indian Affahn, President Gen. W. T. Sherman^
C- C-
11.
lute,
an
olcic-
tary, is now in session in Chicago. The recent serious troubles with the Indians, it is stated, will interfere with the preparation of the final report which, it was expected at the adjournment last spring, would be made up at this time. The extensive war apprehended on the frontier will modify the conclusions at which some of the Commissioners are reported to have arrived.
A band of armed horsemen have been depredating in Bullitt and adjoining counties, Kentucky for some time, robbing negroes and poor whites. Sunday they burned a negro school house at Shepardsville. The same night a train on the Nashville Railroad was fired into, it is supposed by the same band. It is also reported that they burned a negio church at Sedley, in the same county. They aie strangers in the county, and
I
The election in this city and the entire county, passed off quietly. I laid work was done by both parties. have only this to say, we have met the enemy and we are theirs. Previous
to the. election, and during the whole canvass, the Democracy have claimed this county by two hundred majority. The majorities they have received go to show that they have nothing to
^n.ooo.oso.ooo! boast of. Suffice it to say that they have elected their ticket, which, as a matter of course, is not as we could
wish. MONTGOMERY COUNTY.
The following is the probable vote in this county. Of course it is not official: Union township gives a Republican majority- of about 45 on an average vote, though Gen. Manson's majority is 17, while that oi Myrick for Treasurer runs up to 78. Clark goes Democratic by about (0. Walnut, Republican by 10. I-ranklin, Republican by Republican 7 ). ic,
10. SuGfar Creek,
L0.
Madison, Democrat-1
INDIANA.
Returns from the State come in slowly. Both parties in this city
claim the State bv majorities of o,000.
either as trifles of small account, or,j readers any idea or the still less, as National blessings. ^possible at tins hold that all debt, always and every-
1CS,UL 1 1
time.
PENNSYLVANIA.
Returns from Pennsylvania show
.Republican jj.ore
ery loyal heart with joy, and wc hope that this del eat will consign him forever to a political grave though it is hard to bury him so deep he wont scratch out. Yet if he only digs down this time it will be a blessing for the country.
Who will likely be Seymour's Cabinet officers it he should be elected
Will he not be bound, in honor, to
Senator J. I'». Kent erson, en them from his most prominent Harnev, Col. S. Tappan and J. L. •, ,, Yin t-, -w... 'supporters, sucii Sanborn, and A.
KTI K:R AIL si A ve\
There, was never a man running for the Presidency who has been so jscurriiously assailed as Gen. Grant., jAnd surely no man has deserved fairer, more, considerate and appreciative treatment than he. Let our readers call to mind what he has done tor his country, and then remember how lie is repaid by a portion of his countrymen, and they will have cause to blush for the degeneracy of our politics. In the earlier days of the Republic, before slavery had debauched the National conscience, the abuse heaped upon a man of his claims upon the gratitude of his fellows, would have quickly reconciled upon the heads of those who. employed
it.
«'•'31 Et'TMlT.
The Democracy arc making a hubbub about their gains in Connecticut. Full returns show that oi 103 towns, 85 are dearly Republican, 09 Democrati and 7 divided. The Republicans gain the entire Registration Board. In eleven towns that were. Democratic last year, and gain a portion of the Boards in five towns that were wholly Democratic last year. The Democrats gain the Registration Boards in five towns that were Re-
•-, Oil Creek, Democratic, 35. publican last year, in too towns that 1 no T?inlcv were partly Republican, and Boards \X ay ne. Democratic, HKV .Jupicy,
THE SEVENTH DISTRICT. At this writing Ave have meagre returns from the District, but the indications are that Mr. Orth's majoritywill be about 500.
1
,» Hi'/iwn Ronnblieaii two towns that were whole Repub-
Democratic, S. Jhow»,Kl|mWiu». yw bv 8:. Scott Democratic by .V. These figures show the average vote. We will give the ollicial vote next week.
Ol'R JJJXISTEJt TO
It is said that Revcrdy Johnson, l?. S. Minister to England, has thus far riven the cold shoulder to the English Liberals, and fraternized with the Tory element. If Mr. Johnson goes to St. James as the represcntative of the bogus Democratic party of America, this course is the correct one. If lie goes, as is generally un-i derstood. to represent the Jiepubhc of America, lie could not demean himjself more improperly.
«OMKAI0.
The bill for the admission of this: Territory into the Union, pending be-
ongrcss at
that that State has gone by 20,000 to 25,000. Alleghany awaiting such information as will county—Pittsburg—gave a majority!
Alleuhanv'
(. (1,u.]y. show
of 0,000 Republican. What a gl0'jthe people to form a State Governrious place in which to live. ment. Messrs. John Evans and J. OHIO.
B.
Ohio has gone 20,000 lor the 1. nion. jj. Senators under a State ConSam. Carey is defeated in the Second
Schenck is elected
over the contemptible traitor. A allan-j
reccnlly
as Vallandigharn,
who nominated him Toombs, who is laboring for him lorrest, the butcher of Ft. Pillow. Are the people ready to turn the government into the hands of such men
At the Democratic meeting at Grcensburg on last Thursday week, one of the procession carried a banner bearing this inscription: }lc hdve, tried loyalty—it costs too much." Col. Cumback says that it was carried by a man who had been drafted and had to buy a negro substitute.
The American Board of Foreign Missions is now holding its fifty-ninth anniversary meeting at Norwich, Conn. The Treasurer reports that the entire income of the year was as follows Donations, 8453, 261 legacies, $73,903 other sources, $8075 total, $535,839—the largest sum ever reported at any annual meeting oi the Board. $538,856.
The expenditures were
its recent session, is
that it is the desire of
Chalfee, who a year ago were elect-
stitution
rejected by the voters, have
resigned their positions, in
()i.j0]. to ai]ow
OKFEATKH.
If there were no other cause for rejoicing over the general result of
the question of ad mis-.:
ion or non-admission to be decided l'reo.from personal considerations.
of A'ortl*wo«tcr«-
Jjittsniia Cofjfi'reiMV.
LaFayettk Dist.. Wm. Gj:a:iam,
i\ k.
Lafayette 5th St..—N. L. Brakman. Montgomery—I. W. llogan.. Williamsport—J. L. Boyd. State Line—I. A. Clearwater. Perryville—Wilson Beckuer. Covington—J. E. Wright. Alamo—Ira G. Merrill. Pleasant Ilill—Enoch Holdstock. Shawnee Prairie—J, 31. Staltard. Attica—Samuel Beck. Wea—G. W.
Warn r.
Romney—31- L. Green. Stockwell—S. P. Golvin. Tkrkb IIautk Dist.. J. Hull.
i\ e.--
Terre Haute Centenary, B. W. Smith. .Brazil—C. S. Burgner. Brigton—W. G. Yeselss.
Bell more—.D. W. Bisher. Russclville—S. 31. Hays. Annapolis—W. A. Smith. Rockville—J. J. Stallard. 3Iontczuma—L. S. Buckles. San ford—To be supplied. Clinton—T.Bartlelf, J. M. Scailord. Newport—G. C. Wayniek. GIIKKNCastle DIST., J. C. REED,
r. E.
Greencastle, Roberts Chapel J. W. Green. Greencastle. Simpson Chapel u. Holmes.
Coatsville—13. II. Bradbury. Cartcrsburg—One to be
supplied.
Danville—Nelson Green. Clermont—J• P- Hillerby. Zionsvillc—O. C. Haskell, One to be supplied.
Jamestown—One to supplied. Bain bridge— F. 31. PaveyLadoga—Jesse HillCrawfordsville—T. S. Webb. Darlington—G. W. Stafford. Morton—C. B. Heath. Pittsborough—F. Pierce. Philander Wiley, Prof, and James M. Davis Tutor in Indiana Asbury University' and members of Roberts Chapel Quarterly Conference.