The daily Green Mountain freeman. [volume] (Montpelier, Vt.) 1861-1865, 1861-09-21
1.-THE Financial Argument Again.

Lie luGuCldl al u1AOAV @S"H'
Wahon's DAILY Journal has a lame apology
and hating justification for its article OF
Wednesday, still adhering, however to its " fl
nancial argument, - and continuing to harp upon
the expense of paying Vermont soldiers seven
dollars month out of the State Treasury. 1t
also boasts of its ability to take quantities OF
State and Federal stocks and that having loaned
the State Treasurer all that he would take, it
has been compelled us a resource for its surplus
capital, to return portion of it to the Fedora
Treasury, from which it originally came, ia
king very good care, however, to take prom
Use to gay" in return for its superintendent
cash. This is the kind of patriotism which is
particularly the forte of the Journal, and which
it commends to the consideration Of the FREE
MAN We confess that we should be very much
pleased to follow its advice but we haven't the
funds When we 90 to Congress we will agree
to invest fifty per cent. Of our salary in Govern
ment stocks, and may then be inclined to boast
of it as unselfish, unmercenary patriotism
Until then, or until such time as We have mon
ey that does not belong to our creditors, we
shall feel compelled to forego this luxury, and
limit ourself to an ungrudging, cheerful pay
ment of all the taxes required by the State or
Federal Government in the defence of the ma
ton. We will only add here that we regret
that the editor of the Journalregards the credit
of the State as reduced so low, that he parades
a loan of money to it at six per cent interest
as a patriotic sacrifice
The Journal gives an additional reason why
Vermont should do nothing until after requi-
stion by the Federal Government Here it is
1t (the State) has authorized the borrow
ing million of money; but that did not pro-
duce the money. We saw the list of subscri-
bers to the million loan after the time for sub
scription had expired, and Of the fifty and odd
thousand voters of Vermont we fovnd that less
than fifty had subscribed to the loan aud in
stead Of II million being taken, we found only
one.ftth of that sum. The Treasurer has got
little more since, and with the aid of money
refunded by the Federal Government he has
eked out the sums required from time to time
thus far. But how a0iN it be By andJy, especial
ly if the Governor should 20 on raising Regi-
ments without limit and without respect either
to Federal demands or State laws? W i'll there
be money enough? That is u practical ques-
ton. In that way " the financial argument"
appeals to the judgment and not to feeling
We confess that we are afraid the Treasurer
will find himself short, at the best; that the
Loan at and three-tenths per cent. will stand
in the way of our 6 per cent State loan"
How does the above statement that the Stat 9
Treasurer is g Short" agree with this other lit
tie statement in the course Of the same article
in the Journal:
"When the State called for the loan of a
million of dollars, we gave the Treasurer every
dollar we could raise Within the past week
we had q little moro to dispose Of and our first
step was to inquire whether Vermont wanted it;
the Treasurer did not 1Oant 1t nolD, and SO we in
vested in the National loan
two statements to the Editor who made them,
and only say that if the money cannot be bor-
rowed, let it be raised by q tax. Vermont has
q duty to do, and let her do it faithfully and
completely, whether We tax the present genera
ton to accomplish it, or try to save our own
pockets at the expense of our posterity.
One word more; We have never urged or
asked the Governor to do anything that the Leg
islature had not given him authority to do. We
have urged the necessity of his doing all that
he had authority to do. Because we did this
the Journal took issue with us and apologized
for, and justified the Governors dilatoriness on
the ground that the seven dollars a month given
by the State to the soldiers and their families,
was an enormous sum in the aggregate. We
characterized this argument as selfish and mer
cenary one,-a parade of figures to alarm the
tax payers. We still think it is. But we re-
joice to know that the tax payers will not be in
duced by any suggestions Of the Journal or any
body else to withhold, fcalled for, their last dol
lar foY the honor of the State, and the safety of
the Republic The people are in earnest about
tho matter, and mean that Vermont shall stand
with full ranks beside her sister States in the
day of battle, end will spurn all appeals to a
mssrly parsmony that only gives man and Il
dollar 20 the General Government when the de-
mand comes from Washington and that not