New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-02-19

has fonnd Itself urse borrow. Weheve been favorable
10 an issue Of rr.ssury Of anticipating taxes
10 be levied and n part the iuery for their coec-
ton but ever ss the means Of wrfps from the people
forced loan circulating medium except 30 Isr as
HE other symbols, should be based upon actual ysiueupon
national equs IN Amount TO the notes issued ana pay
abe in them. sound paper currency is nothing is' N
The title deeds 10 capital or merchandise when sy % s
ad which must be- its equivalent, to the nominal value Of
the symbol
Trsuy Note. based npon tax presently due would have
20 far possessed The attributes a'ourd currency TO serve
nch to The public benefit AID might have been made 10 an
eruent over its present strait But The present Issue quite
On her messure IL sauds alone No tx IL provided nor
W. 1e ot 'ome i'ns 20 CONF n.,ed for
he express that wthou, H. the pub lie woud not take
them IN the .lP6od way IN which our paiensi nnsncss
ere conducted other alternative but forced osn appeared
possible 10 the h OF the Treasury and he urged his want
90 strongly upon Conge hs he succeeded in overcou ing
It's 'crupcs and yielded to he argument Of imminent nece
the step taken will persisted in prove the parer, Of every
possible evil finance and in domestic economy Treasury
Notes not money can they DO made money They
securities whofe market value depends entirely
popular estim.te Ih' be covered into money to-day
4 ceSt discount. In week more they may be at 10 ~
discounts in mcnth 90 i. probable that far
gold is eorcenrd, they will eventually be at the dis
the e cent bonds of Government into which they
convertible. 1h.ss selling nomnaly at 80; or
for gold 40 IL y cent discount Treasury Notes are
worth more. As lie bonds TALL will the notes. Cow
Ca in July selling 50, with only very small
amount on the mafkfL
Wh the vast amount Of secure, of kind another
Which Government must issus, u is altogether probable
that these nay 20 figure much lower than la. yet been
touched Trsury notes si ls very nesry IN tie similar
rltio tha the currency which the general
value should Of AL things be unifom in volume aud value
will Be subjec, 60 con.tsu ord ssiye Gucuson The
IDEA tE-i the dcum Of Legislature override natural
aUs srd eeete saues whore before existed IL of
those allace which surpos al long since be' driven
ont Of Tie head. Of ur people But r1s hat such has not
been the for the whole argument in ay Of Tie uesue
has preceded upon the asumr II a. the stamp or ehPy OF
Government whether Ia pressed upon Of gold or sleo
Of rsper. raised .sch 81 siDilar dignity aud value.
s, much for the political economy Of the lead Of the Treas
ny Of Congress, Tbs De Duration Is the effect Of the
, .surc IL tskes ont of eve pocket who have
Ia 4
To-day t sf cent. IN month may be TO- The banks n
This city the Oil Of most - which have been hs ear
,Eporisrs ofih- haye bills iyebs perhaps q tie
sIouut of so0tVt n these paid, O. they certainly
will be- ia Treasury Noe' The bau1 a. The pis'eni rate o.
inevitable il 80 more probably lo,e +io00VO Every
iYst estate with the present decline VIII lose sum very
Dr., usiy equal 20 10, interest io5 d yriG
tnA hat TO-DAY discount, note on " dsys"ll unqes
ronably Il the Tur ~ rrclaitn Of tie currency IA
eh 4 vii be a. .as'5 ,.a .n'n me se'5ps iLr.
lis currency, WIG no ad-G I'r hfa. l'f i's
ii n. ST. it. ci int every rfcepace q cap'al aad "
h~ form .ub,tnn.e into which every coauac reoye
% tli' t whatever credit ma h,'e VIII H. me emo Dr.
ryffsssd iu alury f1r tkc II fLH Tie
viii BE- followed boy oh,r according T. he ~au's of
.ot.rrusnf. DO heoe the Secretary OF iln Irafnry
en- issue to batch Of ss0otc) jnt pro- cei o. vi De
I.cy 10 tie STRAIT in which he ws beo.e the present
Tre- vii Ice y,s; 5enauii s1an the Treasury With moth
ine wisrsH hg ,c lsy bt uh the moral T1on OF GOV
'nusni eay w,sfer'd frou '. as' 'r Goa. hh' De- ~
taken H. legal frt der ,.usc viii h.ye ss.iy 90 3
OBJ PIT no he prcs Of sod 1hi. 10 % r aigafced q
cent SINCE tIr l D.. I'd the House ts~y e'r cpn'e men
v isfhe r'farn 90 sound system or h4uc' more and ig
,iHcut The r. druey Govern ueut ecuii.- cor fa-ef
VIII Tie foa st.daid, orlJ true one "il bc et. y
,1wuHad. Nj h. Ordinary iallg im, tie Src-
r'4ly = ne Ie'so, vii be .rd,f - ~ to 80 Joy
Gently ,SI.itd cfiy CO drai u oie inre aiiya..
Ouf national cfsIi' 1907 have been 'niri Caft'iis wi
lsv- b-rltr dlsgu.ro wh spoaloh committed urou
ttrm. frs.I n sffndarls 0l
vrae, srusc mPcsiioft ~ cubHra sin.ut gi arise 10
ronnrei' ir-l'' ~ is 100 ~ sl 'sirc tn. an ~ a
.,rr oud have ben Ie-or "a eui a.et not, ~th
shing liAo cont o'en' management Of our anai's.