The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-09-22

terees Of he country and adding to the wealth Of the
republic me domestic trade Of the country approaches
thousano millions annually, lake trade and all, whilst
the value OF the steamers in the Mississippi
and It's tributaries may be estimated at seventy
twice the steam tonnage Of England and equal to that
owned in all other parts OF the globe With such
sources the debt incident to this wicked rebellion not
10 be considered as grounds OF hesitation delay The
direct taxation Of the country will become burden
some able to leave large portion OF tho extra.
ordinary debt resulting from the rebellion those who
shall come after and the complete character Of the sc.
cury the pledged faith Of the government, with
liberal rate o. interest will in all probability, as i
doing bring out the unemployed and boarded gold Of tho
country and be found the most satisfactory Investment
The direct tax upon the country increased beyond
what IT will BIO at future periods The economy and udg
ment OF our merchants have restricted many Of their
foreign orders to the smallest proportions looking tho
more limited demand by our domestic disturbance, and
cuded our revenue supplies from imports heretofore col
lected there. As these restrictions removed trade
viii not only resume its usual channels, but seek
out additional avenues after the triumph OF
cause, and the consequent restoration of peace will
pour augmented supplies into the treasury from imports
necessarily diminishing direct taxation. Our imports
this present year 1t is fair toestimate will be at least
numbered millions less than even last year, and
exclusive Of specie Tho balance of foreign trade thus
usually against US, will be largely In favor and tho
of he IN and
augment the resources OF the North In queng this
belon AT no former period in our history has there
beenpresented by the purchase Of government securities
an opportunity equal to interest in the present govern
ment loan for large and certain return for the Of
money offered every humble Individual as well as
to the largest capitalist the wealthiest moneyed
corporation. The country relieved from the pres
sure of moneyed neccsss resulting from the rebellion
the public securities will advance tho enormous pre-
miums they attained nfer the Mexican war and
prior TO- tho present domestic disturbance,
ranging from eighteen to twenty per cent
above par even for ordinary six per cents
Fellow citizens, the path Of duty plain. Forgetting all
local and personal considerations should rally to the
of the country its violated rights and threatened
liberties. In our day and by tho Of this age is the
question Of the permanency constitutional free govern
ment 10 be decided II untrue our trust or fall
IL in tho present hour misortunes and
will gather upon and around u.s. and the generations that
are to follow. If We succeed succeed must for
cause Is just shall again present the invgoang
spectacle OF free and united people under clearly de-
fined well regulated government prosperous beyond ex
ample IN the history of race.
The speeches was frequently interrupted by loud bursts
OF appuse and at its conclusion three usy cheers
given Tor the speaker.