The national Republican., 1861-07-13
THE PUBLIC CREDIT.

as to get the chance to discount the Hxty.day
notes Of the United States, at an interest Of six
per cent per annum, would be very glad toset
more at the same rate, or at even less rates.
There can be no doubt Of it, IS money is Q
drug in New York, and 10 loaned, on call, as
low as four per cent. per annum. Money 10
abundant everywhere in the country in com.
psrison with the demand for it. Very little
business is being done, few new enterprises are
being started, and everything tends to the &C.
cumulation Of idle capital. :.
The Government can obtain all the money
needed for this war, without borrowing dollar
abroad, and without paying beyond the usual
rate of six per cent, which, indeed, is very
high rate. All that is needed, is such reve-
nue. system IS will put beyond question the
punctual payment of the interest, and the grad.
ual reimbursement Of the principal, Of the loans
which are required. II such system is not
established, it will not be from the want Of mul.
tiplicity of objects Of productive taxation, bu.
from the failure Of Congress to do its plain
duty.
The wisdom Of authorizing the Treasury De.
partment to pay more than six per cent. is ,ex.
ceedingly doubtful. It may, however, be cd.
vissble to prepare for all contingencies. But
if the Treasury is compelled actually to pay
more than six per cent, it will be the result Of
just such fragrant and irexcusable folly as the
last Congress was guilty Of, in adjourning in
the midst Of the war, and leaving the Treasury
hardly half revenue enough to pay ordinary ex
penses. ..-......r--- -I..r.
THE TRAvrL BrrwrES NEW YoRK AND Bos
ToS.@Ws notice that several new steamers are
being added to the line Of the Boston and New
York company via Norwich and Worcester.
This would indicate that the travel is not
diminishing, though SO large number oftroops
have been sent forth from that vicinity to de.
fend the national capital and maintain the Gov.
ernment here.
A new steamer, City Of Boston, made her
first trip through Long Island Sound last week
which, with the City Of i!ep Fork, soon to b.
added, will form the Northern and Western lin,
complete.
The City Of Boston is represented as being
perfect floating palace brilliant galaxy o
art and science moulded into nautical life. He
commander, Captain Wilcox, is, to all intent
and purposes, selfmade man-a sailor, pilot
commander. enjoying the fullest confidence o
the travelling public, as safe and reliable
| man. s.r.
1t may be interesting to many Of our reader,
to know that this line forms direct connec
ton, via Worcester, Mass, to the "white Noun
tains," in New Hampshire, and instead Of wish
ing, as Cowper did, for lodge in some vas
wilderness" we could just now wish ourselves
among some Of the ice caverns" Of tha
" Switzerland Of America"
A mule having swan to Pensacola from
Koras Island, the Pensacolians think Uncls
Abe's service must be very degrading when hii
mules desert.
They misrepresent the jackass. Having
heard that his State had seeded, he went over
When he finds what the fare and pay is on tha
side, he will like Emory, seek to get back.
A WoRp TO DOUGLAS DENocRArs.-It il
quite fashionable with q certain class of politi
clans, our Douglas friends, for instance, to boas
exceedingly Of their sealous support Of the Gov
ernment, and at the same time omit no oppor
tunity 10 covertly slsnder and belittls those VIII,
administer it. At the same time that the,
pretend to be solicitous to avoid raising part
questions, they embrace every opportunity Of ,
ding at the Republicans, and seem to conside
that as the Republican party goes down, Doug
lasism goes up. Such was the tenor of tn.
| n L. l. H. -
Saturday last, and we must confess that tn,
feast Of dsinties was not exactly that to which
| we thought ourselves invited. 1t may be neces
sary in Richmond to make an effort to clea
ones skirts Of the suspicion of having supporset
Abraham Lincoln, but no such necessity exist
in Brooke county. Nor will it do in this county
to run the Douglas coulter too deep, as wa
done at the meeting aforesaid.
If parties are to be ignored during the war
let it be honestly done. Let there be no sailing
under false colors, no violating the aag Of truce
no stabs under the fifth rib, especially if ther,
is q private axe to grind let it be done il
moderation, and in broken doses.- Wellsbur.
(Va.) Democrat, 6A.
y There is no trouble Of this sort with tn
Douglas Democrats here, where the Offices, sn'
the "good things" and the "big things" ar
divided. Here they are as quiet as kittens ii
the sun, as Jealous (spparently) as "origina
Republicans" They are determined to "rul
with the machine"
MEASURING AND WEIGHING THE TRooPs.-
The Washington correspondent Of the Pbila
delphia Press says:
professor Henry, of the Smithsonian In
stitution, has prepared blanks which he en-
closes to the officers of the respective regi
ments, to have filled up and returned. Th
plan is in conformity with that Of other coun
tries, and, if followed up, will prove to be o
great value in obtaining report Of the com
parative height, weight, &C., Of our men.
"The heights and weights of the officers ant
men in Colonel Butter6eld's regiment (twelftl
New York; were taken before they left here t.