Marshall County Democrat, Volume 3, Number 3, Plymouth, Marshall County, 10 December 1857 — Page 1

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A A 4 Vol. 3 No. 3.) PLYMOUTH, INDIANA,- THURSDAY, DECEMBER 10, 1857. (Whole No. 107.

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THE MARSHALL DEMOCRAT, rUBLtsiIEb EVERT THURSDAY MORNING, BY JIcDOIVALD fc BROTHER. TERMS: If paM In advance. Jj At the end of six months If -Icltjcd until the end of the year, 2 UU ADVERTISING: One square (ten lines or less,) three weeks,. 1 00 K.ich additional insertion 1 Column three months cCc ) i Column six mouths, 00 l ,' Column one year, 00 Column three months, 8 00 Column six months, 15 00 2 Column one year 25 00 I Column three" months . 14 00 1 Column six months -24 00 1 Column one year 45 00 Yearly advertisers have the privilege of one hange free of charge. Democrat Job Office!

PLAIN AND mum CUTS, &c, &c. Our Job Department is now supplied with an extensive and well selected assortment of new styles plain and faney JOB T"3mE2, Which enables us to execute, on short notice and reasonable terms, all kinds of Plain and OrnamenJOB PRINTING NEAT, FAST AND CHEAP; SUCH AS C1RCCT.AR5, HAXDBILL3, LABELS, CATALOGUES, PAMPHLETS, BUSINESS CARDS, BLANK DEEDS A mortgages; And in short, Blanks of every variety and description. Call and see specimens. "LIVE FOR SOMETHING." Live for something; let thy purpose Be as broad as yonder sky ;" Place the standard speak the watchword, Point th golden arrows highDaring souls have gone before thee, Making smoother still the way; Face the danger meet the tempest, - Craven hearts alone delay. Live for some hing, though the Father, Gave thee not the grasping mind, Fill the measure of thy talent, Spurning not the task designed. ' They are worse than dead, who basely Leave the field as yet unwon; . Bend thy ear i nd nerve thy spirit, Though it b-2 the sigDal gun. Lire for something, hold no treaty With the demon of despair, Keep thy forehead to the sunlight, Thou shalt see "the promise" there. Thu3 the olden prophets struggled, Through the flames that upward rolled, Thus the. great men of the present, Have their glowing names enrolled. Fear not; cowards may be near thee, - With their tongncs to poison faith, Lend no ear but face thy duty, Even unto chains and death. Better far to die relying, On some truth the crowd had spurned, Than to live forever sighing That no stone is left unturned. Live for something, make thy mission, Worthy of a noble soul, Stand not trembling lest the life bark strike against the fatal shoal. Ppre:d the -tails, and f.ivorlng breezes, Yet shall waft thee safely on, 'Till the "Islands of tlie blessed," Lift their green shores to the sun. .Live for something from the age! Cornea a deep prophetic tne. Spoiling through time's mouldy cavern, "Make tue hidden things thy .wn." Grasp and gi?e with hands sparing, For the future hath its store ; And the world like hungry children, Cries unceasing "Give me more." live for something, though a Newton Sent bis thoughts around the spheres; Learned their secrets, fornvi their motions. Stored them up for future years. Though with simple kite a Franklin Drew the lightnirg to his sideThere are richer pearls ungathered; .'Greater power yet unapplied. Live for something, win a garland, 1 hat shall stand thi blasts of time 'Mii the shi inking forma around ihee, : Fearless tread the path sublime: Then though but a eeeming cypher In the long Eternal sum, Thou shalt sit beside the Father, - In the Kingdom yet to come. Millions of massve rain drops Have fallen on all around; They have danced on the house tops, They've hidden in the grornd. They were liquid like musicians, With anyth!ng for keys; Beating tuies upon the windows, Keeping time npon the trees.

RULES Ä minis.

Rev. Henry Ward Bccchcr on tlic Commercial Presslire. On Saturday evening the 27th ult., Rev. Henry Ward Beecher preached a sermon to an immense audience in the Plymouth Church, Brooklyn, on the "Lessons of the Times," suggested by the present commercial pressure. The discourse, the New York Post says, was one of great pow

er, and produced a profound impression. Mr. Beecher s text was from Mathew, xvi., 2, 3: 'When it is evening, yo say, It will be fair weather; for the sky is red. And in the morning, It will be foul weather to-day; for the sky is red and low ring. O, ye hypocrite! yo can discern the faco of the sky: but can ye not discern the signs of the times?" We cannot, this morniug, male room for more than an extract from the report before us, and this we take from the middle of the discourse, omit'.ing the introduction and conclusion: I have already, this morning, taken occasion of the serious alarm and trouble which exist in the commercial affairs of our country, to address some remarks to Christians for their- encouragement, comfort and guidance. I propose this evening to look at the subj;ct in it? relations to good morals and to thd welfare of the community. 1. It is remarkable to see how much suffering comes upon roan, not by any disease, but simply by difficulty of commercial breathing. If the human body be stricken with fever or palsy; if cholera or plague attack it; or if the sword or bullet smite it; or if some weight fall suddenly and crush it; or some secrel wound draw out drop by drop the blood, we do not marvel. There is a cause adequate to the eüect. But if you put a man into an exhausted receiver, under a bell-glass, without a particle of air, the mischief i just the same. No organ suffers, no tissue is lascerated, no muscle crushed,- no part is poisoned, none wasted or drained of its vital fluids, and yet the man effectually dies. The course of affairs among us has not been disturbed by the natural invasions of war. The harvests have not failed, and famine has not reached out his gaunt hands among us. Disease has not striven in our midst, nor has industry ceased for lack either of legitimate enterprise or proper matter for enterprise. And yet this great nation, in full health with uncounted abundance of harvests, in its young manhood, stalwart, eagrt hopeful, is suddenly brought up, snd trembles and staggers, as if it would lie down in fainttness. What is the matter? It is the want of air. The city cannot breathe. What then this commercial air which is so needful to life and activity? It is the faith of man in man. It is mutual trust. It is confidence. This is the air which com-1 merce breathes. And now, in our midst, although there have been indiscretions, there have been none which the country could not bear almost without a check. Men speak over-stocking the market, of over manufacturing, of over-importa tions, and of extravagace of various kinds. 1 do not say mat mere nave no; oeen mis takes in these respects, and great mistakes. But I do say that we are too strong a peo ple to be brought into sucn confusion by mero mistakes of this kind. This country has such vigor and such elements of power that surface mistakes will never damage it seriously. There is money enough, property enough, the need for goods and man jeacturing, but men are all paralyzed to-day chiefly by the tear ot each other. Men look at the best concerns, as m times of siege they look at bombshells, expecting that every one win ourst, ana that the only difference between one and another is in the length of the Ins, and the time it will take to burn out. But why should there be this sudden cssation ot conhaence: x ou trusted those men yesterday to go arouud the globe with 1 m your money, whom now you will not trust to carry it from the bank to the store! No change has come over theso mei They are just as honest now as then. Their morals as good. Their business i3 as safe. On whatever foundation you stood fire months ago, the materials of that foundation remain untouched to-day. Your ships are there. Your goods are there. Your shops aw there. Your neighbors ar not niggards nor simulating friends. They are the same men that you always knew, just as good, just as bad, unchanged either for better or for worse. But the city is uoder spasm. No one will take things to be as they seem. No one trusts. Every one doubts and fears. Nov, it is the last degree important to inquire, why has confidence gone, and gne so suddenly and so completely? Yesterday it blossomed like flowers over the field; to-day frost has fallen, and all are black and drooping! What wind has sent that withering frost? In rtply to this inquiry, I would say that in part this panic of fe.'r is without proper ground. It is the over action of causes, ot which I shall speak, which are real. But we have not stopped at the legitimate potency of thos causes, but allowed our imagination to cary oui fear headlong, and with it our confidence in fach other. Merchants are now like men awakened io the night by the attack of an enemy, iill scream and run, one crying out one thing, another another, all stum

bling over each other with insane fear. Now, there may be a cause for xoriiis fear,' for some precautions, for somt earnest de fense. But there is and there has been no cause for the excessive reaction from hope Which has taken place. The roots of business are sonnd. There never wa3 upon the whole more health with so much life. And hundreds of men will be upset by nothing, but because they are run against by affrighted men. Ilundreds of men will go down, and lose years of toil, and the fruits of honorable industry, for no adequate reason except that men are scared, and in their unreasonable affright, like persons in a crowd, they tread each othe down. It is a shame! I am not in business. I hare not one penny invested in stocks or goods, and never had. If the market touches the sun, or goes to the bottom of the slough of Despondency, it carries nothing of mine with it either way, and I am, therefore, n3t biased by my interests. And I look upon this convulsion and trouble with unfeigned amazement, as reckless, needless, wanton cowardice. The business men of this country are suffering at this moment from a contagious cowardice! The whole continent is unstrung by fear. Nothing, I say; for that of which I speak by-and-by, and which is the ultimate cause of this iniquitous evil, was not of any such propor tions of power as to justify any such breadth of effect; and fear has been added to real trouble in such unwarrantable proportions that it is scarcely immoderate to say that we are all lightning struck with fear. And the cure, if it could but be taken, might be effectual in one day, a3 much as

in a month or a year. Hope and trust tomorow would set the blood going again, and bring color to white faces, For the mischief is not in the business, but in the business men it is not in your afl'rirs but in you. The country is like a ship under a stiff gale in a rolling sea; in the watch of night the man at the wheel and the watch think they see a ghost; and abandon their post, they run gibbering and tumbling headlong down the hatchway. The ship falls off and rolls in the trough of the sea, until if some one d3es not help her she will roll her masts out, or come upon her b?am ends. But if there be a heart of oak among them that can cure these frightened sailois with the thunder of imperious scorn and indignation if they will go again upon duty, seize the wheel, set the sail, and bring the ship out of her wallowing course again, all will be well! And I speak my honest conviction when 1 say, that all which the country wants just now is manliness. Your bnks can't cure you. The Govern ment can't cure you. 1 come to your ccasineanu leel the pulse, and 1 pronounce in s paueni to ne in a prosiraieu conamon, Irom causeless excitement of Fear: and ray prescription is Let there be men for nurses, and give them large doses of courage, to take every hour until the blood comes to the skin, and the patient can use his feet. Thn turn him out, and say, rise up and walk and work. II. But there was a beginning to this fright. There was cause enough for fear but not enough to fright. What was that cause that destroyed confidence and paralyzed hope? A relaxation of moral integrity, and a special development of it in connection with the management of stocks and the v3t interests which they represent, have introduced an element of profligacy and untrustworthiness, which threatens to move the foundations of trust in man. And unless there can be the infusion of moral integrity in the transactions of business men in the immense interests represented in markets by stocks, unless these swamps can be drained, and a highway of moral integrity be cast up for men to walk on through tre poisonous growths of this forest, the land will suffar season by season with malaria and commerce will nevjrbo free fiom chills and fever, until moral tonics are used. The conscience of stock-dealers needs "quinine!" Tho board ol Directors, in our greatest enterprise of this kind, railroads, have permitted themselves to mploy their power "for selfish ends, by unscrupulous methods." I believe myself to be strictly justified when I say that the revelations of the last ten years show that, in tha management of these great and useful corporations, our most eminent business men have not scrupled to do or to wink and connive at courses of conduct which involve, directly or indirectly, almost erery crime against property known to our laws. I aver my solemn belief that most eminent business mn banded together, and acting as boards of Direction, have pursued methods which, if a single man in his private capacity should pursue, would" convict him irredeemably of crime, and crush him with ignominious punishment. The consequence has been, that one of the most important, yea indispensable, elements of property in this land is so associated with deceit and fraud that it is likely to become by-word and a hissing! Now when, one by one, eminent financiers, who manage tr.ese interests, all at once, like a midnight house on fire, burst into conflagrations of dishonesty; when next, whole corporations are detected at games of swindling, which, if practiced in

the Park with a thimble would send a man to the tombs, when, yet further, it is found that banks are inveigled, and are mad to be left handed partners in schemes that will not tea? the sun; and when, yet further, strong business men are discovered to have stopped from their legitimate calling, and lnt their names to devises for obtaining funds that are unwarrantable even in commerce, and utterly abominable in morals when all these things are revealed, is it strange that men do not know whom to trust and that men, with David, "say in their haste that all men are liars?" Springing from this, and coupled with it is the monstrous and over bloated sin of stock gambling.

There is no more sin in buying and selling stock than in buying and selling bank bills, or any species of propertv. But it is one thing to buy and sell legitimataly, and another to buy and sell a gamble's do. Many honorable men pursue an honorable business in the brokerage of stocks. but it is quite notorious that millions an I thousands of millions of dollars of stocks are sold every month under the lawful form of the Stock Broker's exchange, which can be sworn to differ in no moral or material respect from undisguised gambling. It is not necessary to enter minutely into the dis'Jnction between right and wrong in buying or selling stocks. It is enough to say, that he who buys stock as a bonafide method of investing his funds, looking for dividends, or for some benefit from the interest represented by the ! stock, buys legitimately and without blame. But the whole ccheme of buying stocks for no other purpose than to make money upon the bot that they will rise or that they will fall, is a scheme of gambling. Men that do it are gamblers. All the soft names on earth cannot be dissolved to rnakea varnish strong enough to cover the real wickedness. Men resent the imputation. No man likes to be called a gambler. But the way to avoid the title is to avoid the thin?. In this gambling game the whole community have more or less participated. Some devote their lime to it. Since my day, I remember. I think, one concern to have f.tilod four times it fails to-day, is on its feet to-morrow, in as good credit as ever. For when the business is a fraud, and the customs of it are dishonesties, it does not take a man ow to repair any little cracks, in his reputation. Merchants are forsaking their legitimate business and dabbling in this pool. Their clerks, following th?ir example, gamble to. Simplo ni'.'n, SL't-i::g these marvels of succeis, venture their l.ard earnings, and go to gambling likewiö?. The lawyer follows suit; an 1 that there may be no want of moral sanction, ministers of the gospel are found not a few, I am informed, secretly buying and selling stocks. Now, when the company themselves are gigantic speculators by fraudulent and dishonest means; and when the stock of the company goes up and down the street, carrying in its hand a bowl drugged with gambling, and crowds run to drink its intoxication, is it strange that, at length, the head is sick, the whole body faint, and that the commonwealth lies at length upon the ground, wallowing like one possessed, foaming and lending itself? It is supposed that there are one thousand million dollars invested in railway property. Can this mountain of power be used against good morals, against commercial produce, and the country not reel and staler? CT O Can thi3 prodigious weight be cast rudely hither and thithor upon the deck, and the teel lie level? There is not an honest man in the land, patiently conducting a legitimate business, who is not in the power of these irregular forces. There can be no permanent security if financiers can, at pleasure, draw up such enormous elements of power, and hold them suspended, like water spouts, to burst and flood down desolation the moment they are touched with misfortune. And if commercial men will not draw tight the runs of morals upon these unprincipled meu, they will have their own neglect to thank for mischiefs which will have come upon them in some sense by their counivance. Speech or II v. Cusliiiigv In a recent speech before a Democratic meeting, Mr. Cushing eloquently said: Merchants of Massachusetts, with your superb gallions from the ship-yards of east Boston and Newburyport, moving over the sea in the pride of thrir beauty and power, freighted with the rich agricultural productions of California and Louisiana, you have been told here that your interests are in conflict with those of the South! Manufacturers of Massachusetts! you, with your palatial manufactories to weave into apparel for the world's wear, the agricultural productions of Georgia and Alabama, have been told here that you must surrender yourselves to tha evil spirit of jealousy of the South. Citizens of Massachusetts ! and especially you of the classes who wear the cotton, eat the corn and sugar, and drink the coffee of slave labor, and who provide objects of art for the use of slave labor, and of those who own it. Yoi also have been told that slave labor is the irreconcilable antagonist f free labor, and that, therefore, leaving all other thing-, you must betake yourselves to hating the South, with a sworn hatred like that of Anibal foi Borne. Men of Massachusetts! you are exhorted to cultivate amicable relations with Cuba

slave colony though it be to supply it with lumber, food, and o'her objects of value, and to buy and consume its products, and thus to sustain and perpetuate slave labor there, and love slaveowners, whilo you are called upon to sacriGce the peace and honor of the State, and dedicate yourself, from reprobation of slave labor, to unceasing hostility against your own countrymen of the Southern States. When I hear such counsels darkly intimated, under specious disguises of speech, to the State of Massachusetts, it seem to me that the First Tempter, as depicted by Milton, in before my eyes: Close at the ear of Eve Essaying Ly his devilish art to reach The organs of her fancy, and with them forge Illusions, as he list, phantasms and dreams; Or if, inspiring venom, he might taint The animal spirits, that from pure blood arise, Like gentle breaths from rivers pure thence raise At least distempered uncontented thoughts, Vain hopes, vain aims, inordinate desires,

Blown up with high conceit?, engendering pride. My friends, to dispel surdi mischievous inspirations, it needs but the lightest touch of Ithuriel's spear of truth. I say down, down to the infernal pit where. they belong, with all these derilect inspirations of malice, hatred, and uncharitableness! You, the people of Massachusetts, do not, in the inner chambers of your heart, approve, and will not, on consideration, adopt this abominable theory of sectional spite and hate. You will, in the end, if not to-day, repel that policy with scorn and horror. Before the time of sober judgment comes, I, who stand up for the Union in its letter and spirit who will die in the breach rather than 'let it slide I may be struck down by the tempest of party passion, but others, better and more fortunate, will lise up to fill the gap in the lanks of the sacred phalanx of the soldiers of the constitution. Man is feeble, mortal, transient; but our country is powerful, immortal, eternal. In the long ages of glory which lie before us, rolling onward, one after another, like the ceaseless roar of the surging waves on the s&a-shore, wave upon wave rushing to fill the place of lhaf w hich sinks into the main, generations of men will come and go, with their joys and sorrows, their aspirationsand disappointments, their reconciliations. Then it will be seen that he who was at the highest had been but an atom of the great whole, and he who was humblest had been as much. We are alike in the hands of the Almighty, and but the instruments of His will in the doing f the groat work commenced by our fathers at Jamestown and Plymouth contin nod bv them at Saratoga and York town carried on by us at Monterey and Mexico, the work of reducing l? cultivation and civilization the Savannahs and forests of our country. Massachusetts, once tlu banner State of the Union, will not be found backward, at the hour of need, in performing her appointed part ofthat great work of the Lord God in the New World. The lcw York Ranks. It will be seen by our despatches that I specie continues to accumulate in the New loik banXs. . lbs statement for he week just e:ided shows an increase of 13G,1C8 in loans, 5X4,Ubd in circulation, $3,710,014 in specie, and over 09,000,000 in deposits. The present condition of tha New York banks is certainly unique in the history of finance. They have now considerably over twenty millions of specia in their vaults, and the precious metal is daily increasing. They have more gold and silver than they ever had before, yet they are in a state of suspension. While they had not half their present quantity of specie, they wre flooding the country with paper money, and boasted of lh-ir impregnable condition. They grew sarcastic over the suspension of the Philadelphia banks, and hooted at the idea of such a thing happening to them. They talked thus and acted thus while they had no money, comparatively speaking, and now that they have millions more han they ever had, they keep quiet. Now, it Reims to us that these banks had better think of the people a little as well as themselves Instead of growing so terribly impregnable, they had as well let the people have some of their specie, and thus, if possible, ease the h.trd times. They should at least do their shave toward creating better times, and we venture to say that if the New York banks will resume and do what thy can, others in the country will follow and much relief be granted. The banks have no right in their suspened state to accumul.it all the gold in the country and lock it up from circulation. They were not chartered for this purpose, and if they are going thus to continue much longer, to the iojuiy of the best interests of the country, their charters ought to be declared forfeited. We have no sympathy for suspended banks, and are inclined to consider them worse than no banks at all. Chicago Times. JtJTlIlSTORr OF OUR ABUSED CREDIT. We present the history of our abused credit during the past week: Monday, I started my bank operations: Tuesday, owned millions, by all calculations; . Wednesday, my brown stone palace began; Thursdav, drove out a spanking bay spun; Friday, i gave a magnificent ball; -Saturday, Fmashed with just nothing at all. iCtT'I say Pat, .what are you about sweeping out tho Voom?' f No answered Pat; 'I'm sweeping out the dirt and having. the room.'

tTfjutfls ttülisc & (Ötjjfrtoisc.

The Dctciimax and the Panic. Every body wiil remember the 'money panic' they had at San Francisco some years since . and the story John Phenix used to tell of its effects individually illusjrated. Beforo the fright, a frugal old Dutchman, by dint of hard labor had accumulated some 8500, which ho cautiously deposited in one of the banking houses for safe keeping. Rumors soon came to his ears that they were not very Fate some said they had broke.' The next mornincr he tremblincrlydrew hi 3 balance, and put the shining gold in Iiis pocket. Ho then breathed decidedly freer, but here was a dilemma. What should he do with it? He did not dare to keep it in his shanty, and as for carrying it; bout with him, it was too pre- ! 1. O f . i , . tii'us neavy. oo, auer a sleepless n'gllt or two, in constant apprehension of burglars," be deposited it in another banking office. Another day the panic increased there was a run on his bank he pushed in drew his gold, and telt easier once more. Another anxious day and night for his 'rnonish,' and again it was deposited in a safe bank. This time he felt safer than before, and went quietly to his work. Bat the panic reached that bank, and anxious depositors beseiged its doors. Mynheer heard the news, and put post-haste, book in hand, for the scene of action jammed in with the crowd; drew his" gold, new and bright; put it in his corduroys, and was happy once more; butheie wnrs the dilemma again, where to put it. He had gone pretty much the rounds of the banks, and having had such narrow escapes, could not trust them any more. He sat down on a curb-stone and soliloquised thus: 4I put mine monish in von pank, ven he preak; I put him in de oder pank, ven he preak too; I draw him out; I ca:i nokephim to home; I put him in dis pank, now dis one preak;' vatte tuyvel shall I do? I take him home' and sow him op in my frow's petticoat; if she preaks, I preaks her head 5TA lawyer, insufficiently prepared, was anxious to have the cage postponed for a few days, that he might have further time.. Unfortunately, there was a great press of' business, and he knew that his motion would be overruled unless some extraordinary reason could be alleged. Rising with his handkerchief to his face, he addressed the judge in the accents of great apparent emotion: 'May it please your honor, I have just been informed that my mother is at the point of death. My emotions are loo groat for mo to proceed in this case. 1 move that i: b pTftponed until the dav after tomorrow.' At this moment the shrill voice of Iiis mo:her was heard issuiug fiom the gallery: Iohabod! how of en have I whipped you for your lying!' A practical joke was once attempted to be played off on Mr. Erskine, as he went one day to Westminister Hall, with his bag crammed full of briefs. Some waggish barristers hired a Jew's boy to go up nnd afek him if he had any 'ole elo ' to sell? No, you little Hebrew imp exclaimed the indignant counsellor, 'they are all new suits.' jC5TLovely Woman An article manufactured by milliners and dressmakers; Who wants but little on her head, ' Hut much below to make her spread iTST'Tho love of a little girl is a' sweet thing says an exchange. But'the" love of a big one is sweeter says another. jtiTThe man who stole an hour's ' rest, is on trial for grand larceny. iCfT'Sal said one gal (o another! 4I an? so glad 1 have no beau now' 'Why so?' asked the other. 'Oh, 'cause I can eat as many onions as I please jCST'Sambo, why am your legs like an orran triinuer; 'Dun no; gib it up 'Case dey carry and exhibit a nio'nkey about de streets jS'Call that a kind man' said an actor of an absent acquaintance'a man who fs away from his family and never Sends thera a farthing! rail that kindnes?' Unremitting kindness,' Douglas Jcrrold chuckled. ißT'My dear boy said a kind-heancd country-school mistress to an unuKu'ally promising scholar, whose quarter was about up, 'My df.nr boy, doe3 your uhr Intend that you should tread the intricate and thorny path of the professions, the straight and narrow way of the ministry, 'oV. revel amid the flowery fields f literature1?' No ma'am replied the juvenile prodigy, 'dad says he's going to set me to work in the tater patch young wife rmonstrated wi h her husband, a dissipated spendthrift, on his conduct: 'My love said he, 'I am only like the Prodigal Son I 6hall reform by and by 'And I will be like Prodigal Son, too," she replied, 'for I will aiisfl and go to my father and accordingly off she went. jESTA New York banker asked a young lady of that city, what kind of money she liked best. Matri-mony she replied WThat interest does it bring?asked the banker. 'It properly invested, h wiil double the original stock every two years!' sho answered. h He concluded ehe was a match for him, büt the rest is a secret.