New-York daily tribune., 1861-09-04
CONFEDERATE FIN. yCR.

OuVrdrd, NapOleOnS great cOntrai or fOr army
supplies, summed up lifelong experience in the
observation that there were but two ways of
supporting an army-tO pay, and to rob-and, in
the long rum paying was the cheaper method.
This truth does not seem to have yet penetrated
the minds of the rebel fnsnciers. " Bsse is the
" saYe that pays" would seem to be the favor
ite maxim of the G.. S. A. Beauregard issues
an order that the rich old Whig Union
County OF LOudoun, near Washington, must
hand over its grain, its cattle, its horses,
wagons, &C., for the use of his army-wilingly,
of course; but, if not willingly, then his collect
ing officers are to take by foree-and so the
citizens, many Of them anti-rebel Quakers, are
stripped to the skin. Virginia will not in fifty
years Outgrow the effects Of this years ravage
by those who profess to be defending her
" scored soil " against invasion and subugatiOn.
North Western Virginia has thus far been al
most entirely in the hands of the UniOnists, who
scrupulOusly respect private righte and pay for
whatever they consume. We have heard that the
horses attached to the Union forces are fed on
hay bought in Cincinnati at Sl8 per TIM, and
thence transported by steam up the Ohio and
Kanawha the farmers Of that region helding
their own abundant fodder at exorbtant prices.
Should the UuiOn forces be Outnumbered, and
forced back to the Ohio, these farmers will have
their hay eaten by the horses Of the Rebels ard
get no pay at all for it, or (what is the same
thing) nothing but Confederate bonds. And will
not the growers be served rightl
To-day, one Of the most effective weapOns Of
the Kentucky traitors is a concerted Outcry
against the Direct Tax ef SS0G,O09 per snnm
which is to be raised in that State for the main
tenanoe of the Union. That much larger tax
must be paid to the Confederates, ehOuld Ken
tucky link her fortunes with theirs, is Kept ont of
sight Yet their Congress has just laid tax Of
So. .O0o 900 per annum, Of which Kentucky
should she join them, muEt pay not less than
80 600 600. And thousands viii go over to that
side in order to escape the payment of s6OO,ooO
for the support Of the Union
The general outline of Confederate france, As
thus far developed, is substantially rs followa:
The Government issues scrip of oil desirable
varieties aud in unlimited quantities. The
Banks Chose of New-0rlcans excepted), acting
under military coercion, receive this scrip for
debts. OF course, they are relieved from the
payment Of their bills in coin, 20 that all are
floating together toward a shoTeless ocean Of
bankruptcy. Solvent and insOlvent stand on
equal footing; for any bank can get more bills
printed, and these bills must be taken BY other
banks, who pay them out for Confederate bonds
so that oil goes smoothly and glibly down the
road To ruin. But sometimes mOney--redt mOner
either specie or foreign exchange-is wanted
10 send abroad for leather. or coffee, or Shoes,
or any other OF the many things needed in
Dixie; aad now it becomes evident that the
ordinary currency is depreciatsd--the bank bin
which calls itself five dollars being worth but
four and hall, or perhaps less; as in time it
will be worth but fow cents. Now, the rebel
press calls on the Jeh. Davis Government TO
show its yigor and its patriotism by shooting or
hanging tue yilainous ShylOck who depreciates
the currency for his own profit, coming the
blood OF the people into gold That a decree
from the august JEFF. should not clOthe any bit
of paper with whatever value he may see tit to
alix to it, is what the Confederate journalists
seem unable to comprehend
such quackery in finance can have but one
result-bankruptcy, hopeless and irrssrieSable.
The bank notes must soon sink 30 lOw that you
cannot raise food with them, and the only effect
of hanging the mOney-changers will be that III
little while specie or foreign exchange viii not
be obtaiuabe at any rate. In other words, the
credit OF the rebellion at home viii be Just what
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