New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-12-06

Mountains to the Pacific ocean. 1t includes two
States California aud Oregsn four entire Terri
tories. Titan, Nevada, New-NeXico, and Washing
ten; and parts Of three other Territories Colorado
Nebraska, AID Dakota. 1t forms an area OF more
man million Oi square miles, the whole Of which,
with comparatively insignificant exceptions ia the
property Of tie nation. IL il rich not Only in gold
but III silver, copper, iron, lead, and many other
valuable minerals lie product of gold and silver dur
ing the current year viii uO much n at all probably
fall short OF one hundred million dollars; puc
a must icrg continue gradually, vet rapidly, 70 In
oTeate. Ii this produce be cub cc,ed 10 a reasonable
selgnoTee, as suggested By some or IT. az suCccgt-
ed by ot.ers, tie mineral lands be undivided AMI
Sold IL ccnytnent parcels, with proper reservations
ii favor OF the miners now in Occupation Of paTlicu-
lar localities, a very oontGemble revenue may,
doubtless, be obtained from this region without
hardship TO the actua! settlers ard occupcrs.
And there are OF her mines than tiore OF gold or
silver, Or copper or iron, in the WIDE territory
which includes be public lands Of tie Unned States
Every scre OF the fertile soil is T. nine which only
wits FOX the contact oil 'abor yield It's treasures;
and every IS opened to that truitiGl contact by
tho Homestead Act. When TIE opportunities thus
offered 10 lldus.7y shall DC understCod By tie work
llg millions OF Lui0pe, % cannot he GVuytcG lat
great numbers will seek Ane ricau homes iA oid-r
10 avail themselves o. Che great advantages ten
dered 10 their acceptance by American law. Every
working man who comes belters tie condition OF tie
nation as well az hl. own. lie adds III many ways
fc~i dltu u4rttt ~ llu NSAil h IN ttltt4tNs aNN
It's power. it IS difficult to estimate TIE couifIol-
ton winch immigration, properly encouraged 10y
Legislation aud administration viii make 10 eYenUe;
hut, directly sni indirectly, Il cannot DO reckCncd
rs less than iaat which may he expected from tie
metallic products OF the gold-Jearius region.
With such resources 81 tie disposal OF tic rcTub-
lie nc one need be alarmed lest the United States
NAY become unable to pay the interest rs debt
or % reduce tie principal 10 whatever VOiat The
public interest may indicate. The republic Il pass
. in ttF.ftit tho .f "a tf la "A NOT. lar
and higher ilie Twice already sLc ia paid oil q
uatOua dcbl contracted for tue defense Ol her
s4t; tie obi cations 0 that which she low iIcuIs
to TIC pto-eIyctiOn OF her existence will 40 not less
/ sacIeCly Iu!Aier.
Bat " lie resources are thus ample II not the
les. the dictate of prudence ana OF 20 1ih 20 "a
lentrou, people tbat the greatest Iaius should De
lukcn 70 reduce tie public buTae4t TO tle lowest
point cOmpaD1ls VIA JusICe 10 honest pubic cteu-
ors PloG'galy may exhaust the amiiest re-
sources ana impglr tie imeet credit. 10 retleach
zuVe.ilty; 10 economic expenditures; to .dllst
accurately legsuIes 10 jcclsi 10 iAluse resoiui-
ylsor auI "a uet senss OF responsibility into o'esy
department OF Yurhc activity ars moi lcso nrcrt At
20 cccit aud revenue Tan 90 general slcccas IN od-
mlLisIrauoa.
loan. Required.
u has beel already stated itst the amount 10 te
provided. teyoIa resources available under tss 49,,
lave, b., fox The current YER $40 2,.- t5. aLC
log tie ensuing year. SCI 3sS i-a 30.
To provide these amounts loans iu some form must
b. negotiated.
Tho >scsa' ssy has already expressed the opinion,
with lreat Cc.yrcrcJ 70 TIE superior vI.t0t- Of
Cour,-s. taal it viii tc uI"ie, ual.ss coI-
CIiou- He.iiy change, 10 autlcr2s tLt lLrusse %
United S.sf,s notes tcyoud the luit Lrr lard b.
Nv Should any cuum tr crested by tie with
Crawal OF paak note circulation, TIA. y.culm
r1u!d, lOutt.css le llle0 by lnutd States nttes.
Sn0a.Q Congress adopt TIE mer-uIts proposed by
tie SccI, any, % j. not improbable tht .n idIlIau-
81 --. O. o. 3 Id
VlTCsc within tie year, asa Lu Ci4-l Aau.uen.i -
sue dprl4 '4c io.'o'Nns ycr. AID u my vel 10
lopcc taet M4fy successes ie-es rl4l- iLC r.-
iAoIiiy Of TIE tnrei States iu lag Dbl riots 81 dc
insLr.ctt region, Wil c. f0r ..Der Issues % cup
ply ile lace oi jho worthless currency wlich ine
rebellion hoe forced mon che re'i d.. sh'ri j. b.
deemed .li,at ~ Invcst Cue oecrtItrv WITH any
Discretionary power, iu view 81 tnelt c,lrn el-
c-s j, snDgd Lr 300 hoited -s fo allow no la,r.s..
q aggregate circulation beyond t45 Gear demands
u real tl.iuess.
1 coralcsa1i, additional sum nay probably Dc c5.
tailod ty removing tAe liCil o. Temporary dIol,s.
amount a. ttese ocf o,. iis f.c-clr ...f.rt
notwithstanding large repay me-ig 60 a,io4tor.
To my ~ ne Government hgs been lrnfe
tie shyIso bau< q the people. Should o. rcstuc
uon be removed, tLcse % reason 10 believe tlai
twenty-five WIAlOas nay be received beyond tLs
~ .zii.aI now A-ed, oui.ns Aa 3cu.
But ne cn3gi reliance, and zoe tAoa'. must d. mp
On loans. without ANY itsucs oi JaI e. S'aira
lo.es beyond tlo amount now autlefl..i j. ..-.+
certain lolns ivI tlc w-..c aIuC- ouistl lor
tle clrrelt year can be fcally o. tanned OF t4.g
ratesi ana J, lay he olLlcaty Logged t-ai tsiofe
o.. clo.e tue resource oi tac c.nIty " io 90 we'll
understood, and toe Icstou!on ~ l'f territorial lt-
81. I.y ~ eli assured, luhi capitalists VIII not ics-
ilc 30 supply Whatever may bc acclo4 .0i tne b-O-
s-Qlent year.
F b.t H. o.ler to 30 advantageous negotiation Of
loans tio action oil Col rtse b. necessary.
As ana important element ol facility DO negotiation,