Daily Richmond Whig. [volume] (Richmond, Va.) 1861-1862, 1861-10-29


xOch would give US all tie advantages so far Of sys
tenn of A,siorat, and indeed much better q an that
syteu of Revolutionary France. Wes,e 70 OH 'ctian
90 the adoption of soma such plan tbs II it can be
made to operate wthou. denens to the lenders OF the
stock and the receivers Of the certificates Aud by the
vsy, Il European Governments raise revenue from
our tobacco aud as IL Ia in point OF value The next article
20 cotton in the lis. Of czp0rts Of dOnsstie produces,
we do no. why the Government OF the Confederate
States coull TO; give It tile moro attention, without
detracing at ell rom the Importance OF cotton IS ihs
principal basis Of rltons In financial point OF view
Both combined certainly give materials, which,
or purposes Of real avAlbiy Ia the production CT
the sinews Of war, country on the Garth can lay
claim TO the like Of Let the Confederate Government,
TO-, ok closely 10 6oh Of these sIbj cs, and rot 10
81 ton alone Tor relief in this time OF our dhentes
England, France, Spair Portugal, and some ofthe CIR
| man States err list much In want OF cer;ain
mount of tobacco AMI Il is st "a necessary that they
should have it tor pupoH rsS'n~, as that the looms
Of Manchester should be supplied with Certain amount
Of cotton, which pays duy but ~hi'h Is absolutely
necessary TO give employment TO III liz operitv and 10
othe the p,cps OF hos countries a1d Others 10 whom
It, after they hsys put UpOn IL their CO" Ia60r.
ers W, have SO lag ssrF,d the NIrth. our great
,spl.s ssut abroad must a'nli our supplies OF all
| orssn good aud warei needed to DO paid for In
he raw ma.eli.l till we ourselves shall become In
d,pendeu, OF them Blu; dOL's propose to argue, We
OILY make the ggeson for the consideration o. Others
(; docs seem to III, hoKeVer that the people could
md RS and the operation Of come wede'i''d sysen OF
spd4es iOdsS, or sals', founded upon the Idea We
nave fugges,ed Of Insurance by the planters, or
the Government hCliiag the cotton and tobacco In
is own sorehouses just Bnk does is sp'cie, h ar
ico,tiou not Of a famine 6g. allure # supply q"
fr,qn eouariss that supply ST. to bs Withheld till OIL
rpm.u, ., kes i.s eva terms with those Of EaroIe,
they would b, wiling to lend and even to give, to ON
tld foite sI'ent
with now Is to cl attention TO an evil which e.
ts a. home. The Confederate Government wants "'On'y
md |, is much easier point to It's bales OF cotton ano
b.cco than to s bags OF dollars and bal. eagles. The
could be easily converted into the latter, but for the
CT that We are 10 Of war, which f1rSds The usual
e,charg and commercial intercourse between our own
.ud other nations Our wants the0 fer the PRESENT are
ury of home character and beyond these not 10
he power Of the GOveramsn, satO Confederate, TO
supply, bu, b. a resort some extraordinary remedy
I, ~ ~
between ourselves ard bstween the Government a. its
cd.sns AID it may be m'd' to circulate, II at all is'
pom .lch value as our Owe Government may atach at
At auy time lie or foreign coin, as the greatr 81
alton Of values to DO liked . cotton or LIS TO-
lasco lie wheat or that of tie people who buy and cell
There can b. 10 doIb. that a. this tiue there is
arre au cunt Of & and war coin 10 be Confederate
safes in The hands o. individuals which has been lid
10 under the belief that this boarding process Is safer
ran bank deposes, and sakr than nal securities,
houVh the private eft pays no interest The System
7hich is nov tolerated. Of SUD rrg evey msa and every
corporation issue private snail notes lie s another
aeuceusnt 10 hoard the specie; for those who have
have an instinct WI ;h tells them that a. scon as the crash
o3mes which alsays succeeds redundaDce Il worth
l,.s paper currency spec wi be at b'gi premium
sail. another evil is that past system o: bsIk note
slgra,ing-ths; H. our former dtpsuderce the orh
r even hi, rs.essary-is bsing felt Ia damaging
cts In all the States OF Vrsi4ls, North CAroins,
rsnressee, Kentucky. arytad and sssou where The
Va KEGS are psrtte carry any intercourse with TIE
oasps ef those Safes ehe IN person BY their ennis
ri,. and resident traitor frends whom they call Union
aen, they arr flooding the country with southern bank
7oe. engraved on the genuine plates which they SILL
awe IN their posss sson bu. filed up with counterfeit
.ignAturts These sold by them AID heir allies
or spaco at Ugh premium the latter ard this specie
taken out OF The Confederate and carried TO the YAke
Saes.
remedy fJr some Of the evils cf the tines p-c.
,o,. that the Confederate States shall proposals for
o.ns of any amount, however 'mAl # p'e's a. rata
Of Der cent interest," which certificates of deb: shall
% given BY the proper authorities Of the Confederate
t, payable in sush reasonable due, after the close
If the war as may BE- deemed best sd carflates ng
e 80 wordsd as TO he paysbls 10 bearer, aud made rb.
srven thereby the pur oses Of general circulation,
4 lea Of the mir-bs trash which Is row flooding the
couatry. Bat this is only part of the plan
By the s.h Section and th 5h Article of the Copst-
u;ion of the Confederate a'es Congress. has power
20 coin money, Gate the v.lis thereof, and of 70
, coins. And 10 FIX The stsIdlrd of weights and
Te,n IL IL proposed then, at Il the specie which
be r,s,d on loans or Otherwise ccps Into the Treat
ur,. shall az once be coined, vi the value perssps
40 far increased as may be de- N necessary to cover
bs cost of rl-coinage This suppose tuld not b.
great a. we have miis now in opera IN in the oorfed
,r,,s states In ed on to CHS, loans Of silver pae,
,wery, g., H., might be invited 10 BE- used In the
sue way. After par huar day, TO be designated 10
Advance i. might b, 6s'ared that no coin hs'ig the
,np Of the lat, United STATES should BE- crcuAtsd at
al. uader the nslty OF forfeiture. II there should
BE- ~ Of our people ing to trust the Government
.ih loan, they might have The option Of having their
eou re-s.amped if psactc bl or il not, reconed upon
terms 10 be prov dsS sad all such rsons might thu.
receive back Their o-n moOey. We THU k, however,
h,, come greater additional value shorli be given
to the new coin, regulated By the standard OF the
Confederate weights tnd neafUr'S, 20 that unseT
.uy Circumstances there shall be r-issuing In the
Ia tte s,s en- II the certificates Should be bearded, We
4, least woul have the beusf' Of The circulation Of The
in TO the ord United States coin, that having re
o,ue foreign cor, Congress certainly has the right
resu ate its value TIC coin would bs eagerly soesh'
sr.sr. beui q as i. woud the embems of our ccH M