The weekly Lancaster gazette. (Lancaster, Ohio) 1860-1863, 1861-12-12


loyal smIss is held BY prppTistOrs yirtual-
ly engaged 10 guilty attempt TO break
up the Uuion. which IL Justly forfeited to
the people. and which should be subject
to ssqusstration or con6scation, and the
proceeds applied 10 the satisfaction Of
claims arising from the war.
The property of the rebels 10 rebel
StAles should be treated IN .he same man.
uer. The right to services. under State
laws. must Of necessity form an exception
to any rule Of eou6sca,iou. Persons held
by rebels, under such laws to services as
slaves may. however, be Justly liberated
from their constraint. and made more val
liable in the various employmeDta through
voluntary and compensated service. than
| if oon6scated as subjec.s Of property.
The Secretary says the mosI sacred duty
of the American people now requires the
couse Grafton OF all their energies and re-
sources TO the establishment OF the Union,
and the South's policy would seem TO sug'
gest no extension of foreigu trade. buI
more absolute reliance on American labor,
American skill, and American soil. a
He recommends that duties on tea, cof,
fec and sugar be increased to 91c. per ID
on brown. So, on clayed, zoe. on greer
tea, Sc. on coffee. and that no other al
terations OF tariff be made. unless further
experience shall demonstrate the ne0stsi
ty. He deems il necessary 10 increase tin
direct tariff SO as 10 produce from lvya
States a revenue OF at least So, 900. 900
estimating such daties on stills. distilled
liquors. lobacco, bank rates, carriages.l,
gacies on paper, evidences of debt, nDt
conveyances Of properly. and other lik,
property, as will produce an equal add
lional sun. The income tax will pr0Sa
big produce $lO,0oo,0o0 more, making
an aggregate of $50. 100000. p
The Secretary is aware that the sum il
large, but seeing no probability of tho re-
venue exceeding forty million dollars du
ring the current year. hS feels that HI
must nat shrink from stqtcmen. Of tb'
actual necessities of the country. Tw'
Gfths Of enc per cent. on real personal pro
perty Of loyal States will produce S44,
Ooo. coo. the proposed income adding 10.
900, 900. t le.
The Secretary recommends plan 70
a national circulation of notes. the fea
lures OF which are circulation of note
bearing common impression and auhen
ticated by common authority. The re
demp,ion Of these notes by association
aud institutions IL which they may b
delivered for issue, and the security o
that redemption by the pledge Of tn
United States Stocks, and an Adsquat
provision Of specie.
An important advantage to tie peopl
by this plan would be in the increased SO
curity ol the Union, spEingiug from com
mon interests in it's preservation, createl
by the distribution OF ils stocks TO associ
atioas throughout the country as the ba
sis circulation. and be eutertsins the opin
ion tha. if q credit circulation be dcsira
bic, il is most desirable in this form.
lie states that il is earnestly hoped, no
without sufficient grounds, that the pres
tent war will bo brought to an auspicioui
termination before mid summer. and thai
in that event the provision Of tie revenue
by the taxation recommended, will amply
suffice for all financial exigenoiss without
additional loans, and enable the Govern
ment At once 10 begin q reduc lou Of the
exciting debt. ...
II tho war continu,s 10 July Let, 1863
tho probable debt will be s5l7 .322 .so2
if ill July lst, 1868, it will be in rount
numbers 9UO millions. The prohibition
Of trade with the rebel States has bsel
fully enforced, regulations have been es
tablish"d by which rice. cotton aud othe
properly in the insurrectionsry district
occupied by our troops. will bs COLLECTED
aud sen. by sea TO New York. All tn
sales will be for the account Of the govern
msnt aud:ths proceeds paid into tho Ma
tional Treasury as general sale of com
merJe should follow the flag. and wheI
the authority oft Union is fully restored
in States. ports should be opened withou
restriction, and all commence freely per
mitled. The Secretary closes by sayinI
it has boOn his endeayor 10 infuse into hi
departmsn. the creates. possible activt.
and vigor, and hopes lha. continue,
snisavor with larger experience. will
make it what it ought to be.
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| For tbe Lanea sier fOa1etle