Santa Fe gazette. [volume] (Santa Fe, N.M.) 1859-1864, 1861-07-27
Wall Street Conspiracy Against the Govern,
ment. Al L--lL

N III g
The extra session Of Congress which islonv.n.
cd to assemble at Washington, on the Fourth day
day Of July will come together under circtmstai.
ces % extraordinary, that probably not oneoi ths
qusstiones it will bs called on to consider etesvtinV
the tariff will havs ever before occupied I'll, atts,.
sion Of national legislature, The Presispt 4.
appears from the letter, in another column, oi our
correspondent at the capital s preparing L make
. full and complete exposure TO Congress 4 thu
e!lgencies Of the country; to lay bare The motives
oil his apparent disregard to certain constitutional
provisions, in Consequence oil the novel d,ueeis
to which the Union has been exposed; andto De.
mad an endorsement Of his past conduct "a suf
hcent authorty for the future to enable bn to
p lot the ship oI State safely from amds! thv bra
kers BY which i is surrounded Among tba most
important topics he will be compelled to lcuss,
will be the ways and means by which government
70 to be carried ou, and in what manner iso or
three hundred millions oI dollars can bs fst OBJ.
tanned orthe war rpirposai Of the next few donths
And we admonish Mr. Lincoln aud the Secretary
Of the Treasury, that they will fiad themseIes be-
GET with difficulties, in this respect, whlA .thev
donet y PRESENT alnieiuate iFsil ushs s4-Aia
e1deavor to Intepose eHtctual obstacles to likhef
money raising anil 40 expectations that maj lbe
formed Of procuring funds from that quart.r will
be realized.
Under the auspices Of bankers in L0mbardsreet
combination Of BANKERS and capitalists hA been
formed in New York for the express purpose Of
aiding and abettng the Southern iusurrectiOn, by
Withholding from the administration the means Of
O. rying on h. war We distinctly charge that
moneyed gsntlemen whose names are in our pos
session, which va shall disclose whenever the in
terests OF the public denanh i, have arrived at an
und rjtandig with each other to suoscrbet0 no
more loans and endeavo' to iujura the national
credit for their owa selfish purposes, to the extent
OF their power They are principally in the aCottOn
and foreign exchange interest, and are Of English
French, and German, as well as Of American ori
gin They affect honor at thu enormous expendi
ture which will be involved in the suppression oil
rebellion, and declare that the banks Of this city
over most Of whlca they exercise paramount con
troll, shall not yield another dollar, II further loans
are put into the market, They are principal
y sustained and urged on, In the course they have
resolved on, BY London and Manchester houses
who desire that the Independence Of tue Confed
crate States should he acknowledged a. speedily
as possible, inorder that the English market may b,
supplied with cotton, without the risk that woulC
attend the blockade, and consequent war will
this country We believe that th9 alliaLce thu
formed is SO powerful that Mr. Chase would fn,
II impossible to combat with it, and that he wi,
ind be is leaning upon broken reed, il he place
any future dependence upon Wall street,
The banks of this city never were stronger ant
yet mover were honeycombed with more element
Of weakness and decay than they are at the pre-.
ent moment, They have in their vaults on unpre
cidented amount OF specie-close upon forty mill
ions Of dollars, but commerce Is being rapidly al
initiated, trade is diminishing, securities are d,
preciatng in value and the assets in their bank
upon which their very dqpSagpRsaf qpapsaf9 Uhltdt
such circumstances, the government would d
wisely to pass Wall street over, and treat its poci
ct arrogance with the contempt it merits. fher
is not single loyal State which does not posses
more means Of subscribing, either directly or ind
rectly. To the wants Of the country than Wa
street twice over The money to be found thel
Is never anything more than u reservoir surpIr
not needed elsewhere and 1t will be withdraw
the moment the real propretors ol It ars dlssali
fed with the channels 1t Is poured into, Let u
President and Congress, then emulate the cour'
pursued in similar emergency BY Louis Nap'
] leon, who boldly eschowed the old beaten pata
+ negotiating with the money bags o. Jews and :
4 daizng Gentiles, end throw himself without affe
tation or disguise upon tas generosity a"d patTlo
. ism Of the people. Lrt Congress pass such me