Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-09-30

The sIneyEs.
Money ia the sinews of war. So says a
maxim as old as Tacitus; and 1t is now
recognized fact. In European warfare, that
the nation which can command the best
financial resources has ultimate command
of success in war AL other means OF
success are sure for it, If it has adequate
funds; all other means must sooner or later
fail to the State that has not funds. War
Is now q science, not only in its combative
operations, but ID its arithmetic and its
financial basis.
Our government is now strong in this
kind of strength, and is daily becoming
mightier in it. Our merchants and other
capitalists have won honor by their liberal
energy for the salvation of the Republic.
Especially is the remark true as itrespects
the CAPITALISTS of this city. Their example
has stimulated the confidence and liberal
|ity of the whole loyal portion of the
country.
The mercantile community has nearly
always had tIk noble honor he milf
taEy exigen6 of the Anglo - race.
The characteristics Vigor Of race is
shown mostly IN arms and IN eommeree,
and It would be difHeult 70 IN which
most decidedly. They have at beast been
alHAy5 1NllGu G4G nNoN4El VI
the race. England has several times been
saved by her London merchandise No man
can read Macaulay's fourth volume with
out admiration for the patriotism and gem
crosby of the London capitalists. The
struggle which placed William aud Mary
on the throne, and thereby saved the Pro-
testautism and constitution of the realm,
would have failed had it not been for the
London merchants; and English liberty is
more indebted to them than TO any other
class of citizens. That period of British
history presents some striking aualogies
with our actual history. Treason infested
all departments of the government II
lurked in the highest functions ofthe State,
of the Army, the Navy, and the Church.
Marlborough, the commauder-in-chief Of
the army, was q traitor, and in secret cor
respondence with the court of France,
which was planning an invasion of the
country Russell, the commander of the
feet, was traitor, and in similar relations
with France. Influential members of the
House of Commons aud leading peers
were actually in the pay of the French
couEt-bribed against their country by
their country's greatest enemy. The
church was hardly better. The Archbish-
op of Canterbury, with several bishops
aud about fourteen hundred clergymen, re-
\ fused to take the oath of allegiance to
William and Nary. Some of the most i'm
portant cabinet ministers of she crown
men knowing its most intimate affairs
| were traitors, and were in secret cores
pondence with the cabinet of France. II
seemed indeed impossible to eXtricate the
nation from the endless aud entaugled web
! of treason. The common people were true
tho common sailor and soldier-but
what could these do while their leaders
were corrupt and unreliableI
Two things saved England in that peril
Gus crisis-A crisis unparalleled In history
except by our present struggle, but a crisis
! which saved her freedom aud her Protes-
tant faith, which fortified her commerce by
originating the, Bank of England, which
1 guaranteed her Constitution by originating
/ her responsible Ministerial Cabinet, and
| which gave the first legislative recognition
in the history Of the world of the freedom
of the press, that greatest prerogatiTe OF
modern civilization. These two things
were the inSincible though moderate firm
ness of William and the patriotic liberali-
ty of the merchants of London. When all
things seemed sinking into the abyss of
confusion and ruin, and the government
! knew not which way TO look for the means
of sustaining the army and navy, the me-
tropolitan capitalists again aud again res
cued all by throwing their money down at
the feet of the heroic king. The darkest
hour found their patriotism answering.
The merchants of New York to-day show
that the old. Saxon mercantile honor and
patriotism are hereditary. The history of
their country will record their maguani-
nous integrity, while it writes with burn
/ ing bushes the treason or fickleuess of
statesmen, politicians. soldiers and priests.
: The example of our capitalists in taking
the national loan has doubtless prompted
the zeal and confidence with which the
people are now subscribing for the Treas
ury notes. Though these notes are hardly
yet issued. yet nearly eleven millions have
already been taken By the people alone in
this city. Our capitalists pledged this
city for Eve millions, more than thirty
three millions have already been taken by
the banks and people; and the reports from
Boston and Philadelphia afford proportion
ate encouragement
In iue, the asinews" of the war are
strengthening daily. Let now our states
men and generals show themselves as en-
ergetic as our capitalists and people, and
the issue cannot be doubtful.