Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1861-07-27
VARIETY.
How The North Proposes to pay the War
Expenses.


Pho vast amount needed to reduce the
Southern rebellion is opening the Dyes of
Northern property holders and business men,
{ and creating alarm They begin to ask their
political leaders if success, admitting it to be
possible. is worth tho price it will cost
10 keep down this rising spirit of Giscon-
tent, the war journals of tho North are re-
sorting to the cxpident of promising rcim-
busrcmcnt from confscations of Southern
property. This dclusive plan may checr
( Northern hopes awhile among the credulous,
and supply tho ranks of it's armies with NOR
ccnary advcnturera. There is no lack of
Northern Union-savors Of the school of Cap
tain Dugald Dalgctty. But tho plan will neith-
or supply tho Northcrn cxchcqucr for pres
ent needs, nor: bolst.r up the Federal credit
in Wall aud Lombard streets Bonds issued
on such security for payment will not com
mand a high premium.
1t is not amiss, however, that Southern
men should keep advised Of the benevolent
intentions of our Northern brethren, who are
wooing them back to their fratcrnal embrace
by the pursuasve cloqucnce of booming can
non, and Of whizzng rifle bullets
4 The New York Times, of the 9Th instant,
thus seeks to checkmatc "thc insidious trait
ors' who express doubts swhcthcrsubduing The
South is worth tho money it will cost
CONFIscATIoN or REBEL ESTATES. In
estimating the cost of the war that the Nation.
al Government is now waging for its own
o istcncc, against a most nctarious insurrcc-
ton, our people arc sometimes startlcd by
the vast amount Of money needed, and in
sidious traitors among us intrude the inquiry,
is the reduction of the Southern hostility to
the Government really worth the immense
4 sum that will be required But the loyal cit
izens of the country have not shrunk from the
task ofsuppressing tho rebellion, great as the
tnsk is, and althopghit may cost four hun
Sdrod or six hundred millions of dollars, or
even double theso sums and thoy hayc not
stopped to consider whether the whole camount
of tho immense war debt will have to be paid
( out OF tho property and resources Of The loyal
States alone
At this time, therefore, it may be oncour-
aging to tho country to be reminded that, by
(. tho law and usage ofnations, it is entirely lc-
'gitimatc toJMakc property Of the citizens of
vokcd this war,pay the whole debt incurred
tho Constitution and laws. That it will be
-sFjustto infot penalty on treason, no ono can
deny, and the couptfy.swll domnnd the re.
81 - si'n IpaitHllyfilHOt 10
4 its full extont, by a special impost on the pro.
perty Of those traitors who hive plunged the
( Government into its present enormous out
IS lays. . 5
The debts incurred by tho Confederate
States for tho support Of their conspiracy
( and revolt, aro clearly without law, and void
md will bc5so treated by all national courts.
They will not therefore, be charge upon the
property Of tho pcopleof The seeded States
Wltcniitho Union IS restored, or rather when
tllenational Jurisdiction over then, is resumed.
twill be within the ability, then,s Of the dis
loyal States to makeup to the National Gov
crnmont tho losses they have occosioncd by
4 tt; and thoyery revenues they have devised
vr-tlc export idutyion cotton, and tho direct
& taxes they will layr may, ,be properly diver
4 tod, by tho. National Congress, from tho sup.
3 port Of 3troason to Tho oxtinguishtnont Of the
Dation's war debt he export duty on cot
ton will thus become q permanent regulation
ofAmeriean oo,nniefco andsas tho Epgish
z pooplc. who are Its chief purchasers have no
s7apih to lgsa With tho imposisionof this duty