Des Arc semi-weekly citizen., 1861-06-11
From the Grenada Southern Motive.
 Cotton and Revenue

Cotton and Revenue.
 The following views are based upon,. supposed scheme of he Government.
 Money is the sinews of war, with wb;,, the Government must be we'll supplied o' it cannot maintain efficient armies in l field, Thls money must he raised by bo' r' rowing or by taxation, direct or indirem Under existing circumstances we nm, look 10 our resources at home.
 The Government cannot raise monev by tax on either imports or exports, h4 cause our enemies prevent 1t
 We cannot raise money by direct taxa, ton, without producing distress and rum on our people, because they cannot oa the money without selling their cotton; and the enemy commanding the seas, preven, our cotton from going 10 the markets of Inc world.
 Cotton, if placed under the contract of Government, can be made the basis of Go,r rrnment credit, by which il can ob. tai, uopey from Europe 10 the full value of the whole crop The cotton is inds. pensble 10 the wants of Europe; and f our Government should have the control of the entire crop, it can be pledged for the redemption of the paper of the Gov. ernnent. Readily it can command any amount of money ]: may need.
 The cotton being uoder the control of our Government, the enemy can be efIecl. uay cut of from supplies. The cotton will not be forced into market 10 disadvan. tage by necessitous farmers, and the Gov. ernment, acting upon thls great basis of credit, can procure and furnish from time 10 time 10 the people the amount of money they may need.
 The plan to succeed. will require tie patriotic and voluntary consent of the farm. CTS. And why not consent! Unless Gov. prnmenl is sustained, perhaps only for d few months. or one or two years, the peo. pie are ruined forever Land, cotton, ne- groes will be valueless; independence, freedom and honor wlll be gone. By su>- tanning the Government freely and noby they will be fully remuneraed, as well us protected.
 Let Government issue Treasury noies payable 10 every farmer 10 near the pro- babIr value of his cotton. giving him the advantage of he rise. Lel these holes he made a legal tender in payment of debls and of all dues 10 Governments; and Il mght be well for them to bear from SIX to elght per cent interest from the dalr of sales of the cotton of lhe several planters. This will answer al! the purposes oi do- mP>lc currency, and will largely araA n foreign trade as they will be rrceNabie n Government dues. Government htsIdrs borrowing upon the basis ot thr colon. wlI have money and wlII scatter II out Ly lls operations
 Government will not need 10 impose any taxes, nnuI peace be made and bu>inv>s assume its accustomed cnaunels
 The cotton having only one holder that one can control the market for all r.l son- able and !ar purposes as regadS EIope. There will be no competition btlweers b0idPys and DO necessilUus hoidcrS luIctn9 thelf cotton to market at q sacrifice
 As the Goyernmen, will cont Ol ,E,e crop, ~ btlii ilih hc II lilc tOlbutlDU bf NIfitn G4U~ fopr may obtain supplies, rhal ,he block ade be opened fully 10 the expori of rot,os from our own ports, and 10 lhe nnuUrta, uon of needed supplies.
 The pOteS Ot Government will aecu,nn- lat Tn he hands of foreign capitalists. who will readily receive them on far terms, as they will be equivalent to gold in the purchase ol he cotton wanted above all lhings.
 1t IS a fact beyond cavil or dispute, that if England and France cannot get supplies of the raw material for their manutaco- rles without raising the blockade, they will certainly blow i, sky high.
 Such IS rough outline of the propos- ton, with the reasons, which we under stand will soon be proposed to the farmers ot the South. Perhaps it might be well to include tobacco, rice and cotton.
 SuccEsrloNs.-Our people should pre- 4h /