The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1861-11-27


facilities Tor every town and village in ter
ritofN S0extended as ours. have all combined
"a s:hpFlle the best directed efforts Of the
1AssmAster- General, whose zeal. industry,
and ability have been taxed TO the utmost
extents Some Of these difficulties can only
he overcome by time and an improved con-
slisiof of the country upon the restoration OF
peaec, but others may be remedied By legis.
iailsn. and your attention is invited in the
RECOMMENDATIONS contained in the report OF
the Head Of that Department.
The condition of the Treasury will deubt-
less, be subject Vt anxious inquiry on your
part. am happy TO say that the financial
system already adopted has worked well SO
lar, and psnmisss good results for the future.
~ the exteat that Treasury mites may be
issued, the Government Is enabled TO borrow
money without interest and thus facilitate
the conduct OF the war. This extent is meas
ured by the portion Of the field Of circulation
which these notes can be made to occupy.
Fhe proportions Of the field thus occupied de-
ponds again apoR the amount OF the debts
tor which they are receivable; and when
dues, not only 20 the Confederate and State
Governments. bat also to corporations and
nsisidsals, are payable in this nediam, a
large amsuat Of II may be circulated At par.
TAere sersry reason TO selieve that the Con.
federste Treassry nsts is fast becoming sutk
a aediuR. The provision that these notes
shall be convertible into Confederate stock,
Bearing eight per cent. interest, at the pleas.
ure OF the holder. ensures shcm against de.
probation below the value OF that stock, and
no considerable fall in that value Aeed bs
feared 50 lOag as the interest shall he pane
tually paid. fhe puRctual payment 81 this
interest has been secured ~ the act passed
BY yos AZ the lasl session, imposing sssh a
rate IT taxation as must provide suMcisnt
means for that purpose.
For the successful prosecution Of this war
II is Indispensable that the means Of tram.
por,isg troops aud military supplies be fur
nished, as far as possible. III such maaser Al
not to interrupt the commercial intercourse
between oar seople, nor place a cheek On
their ptsdsetiys energies. IL this aud lrr
Mesas VI transportation from one section II
eur eoustry 10 the ether must be carrfally
guarded aud Improved. Aal this should b,
The nbiectol aarIsus care = The part Of State
aad I-nfr,lrrsie Gss,rslaeph. sntara the
NAV have pun.r over the subject.
We have already two in.ia svstens 81
through transportation trnn ~ Nurlh to III.
South--sne frun Richmond. alon. TIE .ea-
board; tss ether through ws.teru yirgini,
10 New Orleans. 4 thiri might ee scared
by completing link Of assst lorty miles b.
tuee. panr,llr. II frsAia. and t;rrrn.ba.
rough. N NartA Carolina. Tie cnnsruciiar
0i this comparatively .lnrt live would gltu
u.a thronsh rsuls frsm North Il South ~
the Inter'ar III thr Confederate sfsirs, and
give as access % a pspslstinn anil - milla.
~ resources fran winch We are nav. in 4
great messare. debarsd. We shtula ~.
crease g'satiy iAe safety asi sapasits II osr
lHeans for transporting men ard aliiiary sup.
ptss " he caasirpctis- Fl hi, rad saus \
IN lhs lsdsnsnt vi cOnSrtss. asitlsin ains
se indispensable isr The aast sscss..fui ptu,.
ecstisn nf the var. tie seton N nv Govern
IHsEf will not be resirslsed br The constiis
tirnsl ohieclisa uhich w.sld attach to, ssrk
isr COMMERCIAL parpasss. and aitssiiua j, ~.
sltsr u thu pfsstiesbiIty .f ..sarisr rs rar.
" ssmplsilps 81 SviRs rhr nr.disl all 70
the esmPanI srgssIIss fer 10 esnstiesiIun
AMI asHinisirati3H.
Iii We hassaHa nur aeaRt aud sakr ia9f.
cisgs use pf mar resources. Il would sr 4 N
sull 10 liz a limit - tn prriod during rbirt
us enuis conduct = war ssaiBst Inc airsrsa-
w vharn Ne asW encounter. Thr very II
forts which he makes /, iInlsie and insidr
Us must exhaust his mesn., rhl.f th,y serve
- csmsleis the CIRCLE and ,ii,sr.tt, the prn.
durtiun. NJ mr. industrial srs;sn. TIE &c
construction rhieh he .setsia affect by am.
bseau's daily -or, ant NOR, rs.p,s'y -
pss.lDls. Nj otls DO the esgss. -hish ii.
dusrd - n separate sill exist II iai f,fr,.
but ihrr nave itesh strong heard. ssd -htf-
ctrf ing5I mlf ha,c lingsrsi - ihr ntas.
81 srs m1G ave bern canpr,lf d.,peli.d
br ,nb.rq rel svrnis. Il, INSTEAD 81 b. >.
,iis.plaiinr II ) lrsgar. II H,tr tsIs.d n.
brllian N rasch ae are rng'ssd. We nysi
bad ample tindisauan for the courts ~ have
adapted 10 to scenes win h are -oK jcls-
enacted II ~ Umtsd states. OR people
an iitpse with siiDm lh.y had btsn n recent
" associated. TAey shrink with aset.ina
irpm the bare IDEA n renewing such can.
ncxins. When ih-y sesa President Making
var without The Assent 81 Congress. Wber
tsey beasld Judges threatened sersn,e iher
mslniaiR the writ o. haJsas corpus = .afres
10 frseinea; wsea ihsy sae justice snd Law
irsmplsd under the arrsd heel ii military
authority. sad upright men and insoesnt We.
man dragged 10 distant Dungeons spon III.
mere eii0 u drspot; when thev Sill I'll
this tolerated and sppIaudsd b. people Win
had bees in the foil enj0y.eni u freedom
bat ieH months aso--sbey bsltrrs thst
here prst Be some radical incnmpatibllity
between such people and ,hem,elres. With
suet people We may be content 70 live Of
peace, bot the separation is snal. All 81 to
independence we have asserted ~ all sc.
cspt ns alternative.
The nsisre Of the hostili,ies Which thsy
have waSes against %. must be ebaraeteriz.
VI - bsfbHsus rhsnsvsr il 10 understood.
They nave bsasarssd usdefenhed tillsfes
witsost giving notice TO womsa and children
n enable them e escape, and 10 sne Instance,
selected The nigh, a. tie period whsn they
-