Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1861-10-26

But sappoSe the goyesuHent cannot sen TINS pro-
tArce shortly What thenv / answer the govern-
Hcnt will have controtof IT, 1t cannot nave con-
tro without surh purchase. More, or but lew, WHO
Subscrfbe under the Produce loan 6hi, VIII turn
their short crops Of cotton over to the government
whilst we are b,cckaded. IT, then, the government
owns and can control these crops it may be enabled
to obtain advances from foreign, capitalists Lei
these advances or loans on these crops be made oy
Europeans and who does not see land ahead? Then
as sure as gold and silver have value, cotton Will
have it and the blockade will be raised IN de-
spite Of the Yankees. -'
But let US look at this matter in worse aspect
Suppose these crops cannot be sold shortly, nor for
eign loans on them be obtained. What then ?
Surely the government would not he worse OF than
il no such purchase had been made but 1t is demon
strabe that it would be in asbetter condition. nlth
such aid to the people, the fifteen or twenty MIL
lions Of dollars as taxes could surely be coectea-
Again, those who had subscribed under the Prodnce
LOAF BILL would if required, invest the proceeds oil
their crops or subscriptions in Treasury bonds run
ming twenty years and bearing eight per cent inter-
est which are already authorized to be issued In
fact with such large amount OF money, yet not
too argel which the purchase would scatter over
the country, it is obable that moneyed capitalists
would seek to invest their funds in government
stocks rs the most lucrative. ~ - T.
This matter, however, may he viewed by some IN
another aspect, still worse Suppose these great
staples do no: sell shortly and foreign capitalists
will not loan on them, our own people invest IN
government stocks What then? Must the wheels
of government stop and we surrender to the enemy
deign to answer for the people, nerer. Such pur-
chase would enable them TO pay their taxes-to pnr
chase the neceSsaries of life, and to make them easy
They would then leave home more cheertully and
fight more willingly. What man wants to leave his
helpless family at the mercy Of the tax gatherer and
other gatherersg But let the government do what
is proposed and thereby relieve the people IN these
trying times; and when that government shall call
upon them to fly to the standard Of their country
they will go, if necessary, without money and
without price" They will be able to do so. At
their country's call, like the clansmen of RodericE
Dhu they will spring up from the highways and
by-ways from the swamps and cities, and fight the
Yankees until doom's day. And, although, ever
and anon, they may be overpowered in conflict,
yet Ant;euS-like, they will rise up with renewed
strength and energy, and continue the struggle I'M
til the black Republican party shall cry, enough.
will now close with sing lie remark on the Con-
stitutionaliry of the measure. 1t would indeed, lie
extraordinary, If Congress had the power to declare
war, and the power to make all laws which shall
benecesSary and proper to carry tinto execution and
yet did not have the power to adopt the only meas
uIe under existing circumstances, whereby this war
can be successfully prosecuted.
ROANOKE OF NORTHAMPTON
October 10Th, 1861.