Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1848-01-14

sands of volunteers would have hocked to our
standard, and three times more money was
offered than we actually wanted to borrow,
Rat Mr. Calhoun contends that the money!
market il now embarrassed, and that we shall
snend sixty millions in the next campaign
AN extravagant estimate, as appears from the
renort of the Secretary of the Treasury--and
that be is told by an intelligent gentleman, if
we want forty millions only, we shall scarce
" get it for less than 80 per cent. Our lnfor-
nation is fortunately very dlfferen' from MS I;
as we understand, we can borrow what we
want at or near TO par-perhaps even on pet
ter terms. We trust his soothsaylngs Will not
produce any of the effects which he predicts
II has that tendency But il failed last sprng,
and we trust will fail again.
There is one thing which we cannot pass
over. Mr. Calhoun is no friend of war. he
is not blind to It's calamitIes; nor can be any
man who loves his country. But there are
times when war becomes necessary; and then
it becomes every patriot to fight it out. But
when Mr.. Calhoun congratulates himself up
on the wars he has attempted to prevent
when he enumerates the horrors which they
produce, and the national debt which they
engender-we cannot help reco1iecting the first
great speech he ever made in Congress, which
won hun so much reputation, and which struck
in unison with the feelings, and rights, and
honor of his country. In that speech, deliv-
cred in the House of Representatives IN De-
cember, 1914, preparatory 10 war with Great
Britain, the distinguished orator from South
Carolina thus poured forth his feelings:
eve are next told of the expenses of the
war and that the people will not pay taxes.
WHY not! Is il in want of means? What
with 200 900 tons of shippings; a commerce
of 500 ,OOO, 900 annually; manufactures yield
ing yearly product of $50, 900 900, and sg
riculture thrice that amount; shall we, with
such great resources, be told that the country
wants ability to raise and support 10000 or
Is 900 additional regulars No: 1t, has the
ability; and that is admitted; but will it not
have the disposition Is not our cause Just
and necessary? Shall we, then, utter this H.
bel on the people?" elf taxes should be-
come necessary, do not hesitate to say that
the people will pay cheerfuly. 1t wonld ne
for their government and their cause, and 1t
would be their interest and duty TO pay"
One more remark and we have done. Mr..
c. concluded his speech with the suggestion
that committee might be appointed for the
purpose of considering the warsand of con-
suIting the distinguished military officers who
are now fortunately in this city, about the best
mode of carrying out the defensive line of po-
Icy. We respectfully suggest that the pro-
position does not go far enough; but that
they ought rather to be consulted about the
whole field of operations. Let these distn-
guished officers be asked how we are TO fight
out the war, so as to obtain satisfactory and
early peace and we venture to say that Quit
man, and Shields, and }. Davis will advise
the committee that Mr.. Cahoun's defensive
course, with the abandonment of our central
positions, will never answer; but that the on
| ~ way to obtain an early peace is by Wig
orous prosecution of the war, Let Mr.. Cal
houn place the conduct Of the war upon this
issue, and before these enlightened and gallant
men, and we doubt not the result Of the con-
! suitatiOn