The enquirer. [volume] (Richmond, Va.) 1804-1815, 1804-09-15

mus ny lhe operation OF the linking fund, tbs
whole debt of SCI million, may be paid off in twenty
eight years from this PERIOD or forty three yearsro
the hrt establishment of that fund.- with capital of
eighty ieven millions and half only. 1t we believe
pretty generally undertood that the origin of the
linking fund was the appropriation of million per
annunl, land which million is increaied to two
millions and half0 for buying up flock on account of
the nation; the rereh of which ftock 10 bought I'D
was and continues to be, annually added TO the fun
10 appropriated and applied to the fame purpofe--
so that the public continues pay interel on the to-
tai amount OF the national debt, (Which of coure in
Guides the amounto bought up j vet that ntereR is
received again by the public; and by being applied to
the purpofes OF the linking fund, the nation is in fact
paying iin1ple and receiving compound irscrea;
and hence aries the benefit the aonihing extent Of
which we have ihewn by the preceding hatenent
ne amount 10 bought up, perhaps be literally
laid to be paid of, whia the pubc continues to pay
ntere on it; but may it hrily be iaid to he re-
deemed, hnce the public have absolutely paid the o.
rtsna individual creditor And, though interea is fill
pad on 1t, that nteret aid before repaid to the
public, Tor the purPoie of buying up or redeemine
more Rock and thus in time pofitivey canceliing and
paying off the whole.
In the critical and important conteR in which we
are at Preient engaged and aruggng under the bur-
then OF taxes, when coufder thar it is mere than
probable that naughty and niatiable enemy trufs
more to the hope of not being able to fnp-
port thoie taxes, than to the fword we fatter
ourielyes the itatement have now prefented Our
readers, will prove the more acceptable; and that
they Will give us credit for the motives with which we
have brought it forward to animate our eountrynen
to bear their Preient burthen eheerfuly by pointing
out to them, if they perievere, refiing place almo
within their grafp We truit the fyfem Of the fink
mig fund viii be per!evered in to its full extent But
ihouid the exgencies of the times ever require It's m
Penion, will be feen by what we have now laid be-
fore the public, that by IMPENDING its operation for
the moment, funds adequate any emergency, or PEE
euniary embarrailment, may be obtained, without lay
ing an extraordinary load upon the people. For in
itance IN the Preent year, in cafe of vaon or other
unfortunate caualty, the FUN of K. 6sII ,oo6 would
be at the diPofal Of government, by fuipendng the
operation Of ihe linking fund only for year and
IN cafe OF greater emergency, the FINN of f. n, 6ss,
1868, by Impending its operation altogether. Thus,
whit it mutt rae our prts Of they require at all to
be rae) it mutt damp thofe oil our Dyeterate foes
and, whilf it brghtens all our prolpes, nun eaff
julien gloom over all their projects From their arms
or lnrigues we are periuaded that have nothing
to fear and when thus fee our refource without
me reach OF their manGuvres, may treat their de
1gns on our finances, with the fame contempt we o
their threats re invading CO.: Sssn,