The Hancock Jeffersonian. [volume] (Findlay, Ohio) 1857-1870, 1861-12-20

~ ronnd numbers. ~ eeven and n
half thousands OF millions; the per.
sonsl property at three and a half
thousands of millions; and the an
nual surplus earnings OF the loyal
people at rot Ices than three ] un
, dred millions o' dollars. -Four mills
On each dol ar, or two fiiths Of one
per cent. on the real end personal
property OF the loyal stnica. will pro. ]
duce icrty.'onr millions e dollars;
e. which sum tho proposed income
! will prub,bly tdi ten millions.
! The whole sun will be lille NOR,
than one sixth OF the snrplns earn
. ings of the country. G, rfaiuly sncl
a Tux can he paid without inc"nve
nirnc.; doubtless the Legislature
: ph ch.imrosts sucb a tux must take
care that the money Tins raised bc
used economically, rudtn,'y, and
honestly. But can any one hrsitarc
shout such or even greater crntri'
butiuns when u Union and the pop
! uiar IL stituliuns whicl, IL Ruards
are ut in peril by r, b,llicn. and the
pnhIic faith lrdgtd to onr own cit
izrns, Who. IN many instances. hsv'
placed tl,e whole earnings al indu'
irous lives ia the hsIds OF The gov.
eminent fer its suppression, asks
SUPP ORR
Tie following well deserved tribute
lie paid to the patriotic rsronee "
Z tho country to the al peal ol tle
] Treasury Dcrsr';n,n':
e "Already, beyond tie expectations
G Of the most sanruinr. the coun'r.
J.; he respond, d to the appeal o the
Q Secretary. Tie means ID = I'd ~
securing the cnucurr' ! cp w ~ clHss
(; Ga OF ciIiZ ia IN financial support Il
= the gov, tnmrni have been slrrm'y
c Cxplsin d. II remains only To !"
O suid here that. wli'e the acii"n o'
c the barking iisti'ut ona ~ assuming
j The immediate rep"I si!llny OF rhc
whole ahvancrs intirri"r q rir,d se
: we'll ~ the final rsrons,b'lhy o.
= much the largcs, r"ruon u' them
merits ii2h ,n'Cg'sn, tie Iroml I
= patti ,ism with vLici CiiiZrns med
It rate means and working men anH
J. working W mcn lav. brought their
C individual II, rings iu the s,tvice oi
! their country, uu-t comm nj ever
. warmer lruisr. II Al uull he a.,
u conetant care ~ the natl, nal L"gis.
!, latnrr and ~ ih- national govern.
= nrrt in nll ia 'e,iar'mr"is that the
II gen, rous coi ti,l,ncc rcp"-,o hy a.,
pn,r. - w,li 49, ly ihc rich, in the
~ nllic 'altl,. lr never Disappointed
= Auhr r,i.nlug To the tmhsrras.
y m,nts Whicl, sur, ouhd, d the treas or,
IT, Il the cun,n, rtIntnt Of the rreeen
" I'm u rllicc. iu the IHrt that fh'
st actual 'o.ns II ret DIV secured amount
ing Ia rn aggregate OF over $l9I,
r" 900 coo ~ y rate OF interest acinaliy
D lees than @ p,r cont. and d' clarlnt
u that rate to T." higher than ought &c
he T, quir,d. the ; cret ry proceeds
~ 10 the ell b, ration OF the u,st i'm
&, port,nt feature ui his animal budget
y Involving as II dws rodicul ana i'm
!, Iurtant changes in tie financial syr'
1t rcm ui The county, We give thu
r portion oi the rcp, IT cntir,:
IS 40 enable the government Il
10 obtain the n, cessary mrnne for pros
W coating the war 10 II success nj Issue
a without uni, ssaIy cost. II II prob
Ec !cm Which mnst engage the mos
ol careful attention oI the Legislature
eu The Secretary las given 10 thi
o. lrob,em the b, st consideration i
m lis ow,r md now |" gs leave I
is. submit to Congress the result Of h
lac II Il, c,iors.
NJ. The circulation of the banks
n' tie United Safes, on the 1T day I
sh Janr"rv. 1861 was computed 10 b
nj S2O2 GEO COZ. OF this cirrnlntio
M $3.50 600 600, in round nunilers w
40 IN states now LOYAL, Intending W."
rss \ i,einiu, and $4,000 900 in u
''o r. bell ons sta'es. The wholr'i ih
Sc circnla,i u constitutes n 'oan witl",
ave interest rom 'hc people Ia the mnrk
nn 20 ting th m hiihlig except "
me expense OF itsue ard ied, Epii' u ~
''h he interest nn ti'r sp c'c kept :
a'' hand tor the latter iurr"s'; AMI
or consul ration wiz ihcrs' ~
rlh policy does not r, qnir'' that The n
lie vaniagea oi this han be irnbsi.r RIO
me in IH,t 1t least fiuIn the hsnks. r
nd prreenting only the interests oi II
stockholders. 10 tie povrrnmri
ana rcrr, sening the aggregate inter
o' ol the whole pr"pr.
'ec' II has been well questioned by I
mOst eminent stntrsun n wh' th'r
DO, curr, ncy ot hank notes, issued
Ion local institutions Irk'r state lnv
Ion is not. in tact, .rchlbi'ed by /
oi national Constitution Such emil'
as ions certainly ,sll within tie spir
ous il not within ihe letter Ci the ca
htd s,i,nlional prohibitiono & eemis-i
'eo, Of bils o! credit by the states, a
''ns Of the making hy them OF anythi
ain except gold aud s,Iv'r coin q Lei
to' tender in payment oi deb's.
"S However lhis IN y he. il 10
has clear to lie reasonably dispu ed Il
d 10 Congress, under it's constitution
,ne powers to lay ,sxes, 10 regulate co
u TO merce, and to regulate the value
Hiu- com, po'scsses ample authority
AIN control the credit circulation VIII