, and must we faint under
the burden of an income-tax of three per cent.? Was she content to
negotiate a loan at fifty-three for the hundred, and that paid in
depreciated paper, and can we talk about financial ruin with our national
stocks ranging from one to eight or nine above par, and the "five-twenty"
war loan eagerly taken by our own people to the amount of nearly two
hundred millions, without any check to the flow of the current pressing
inwards against the doors of the Treasury? Except in those portions of
the country which are the immediate seat of war, or liable to be made so,
and which, having the greatest interest not to become the border states
of hostile nations, can best afford to suffer now, the state of
prosperity and comfort is such as to astonish those who visit us from
other countries. What are war taxes to a nation which, as we are assured
on good authority, has more men worth a million now than it had worth ten
thousand dollars at the close of the Revolution,--whose whole property is
a hundred times, and whose commerce, inland and foreign, is five hundred
times, what it was then? But we need not study Mr.
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