Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1862-11-06

ANN@N NN ~ NN
8IaGs and other, Il was supposed, from al sppnI ma.
I'D s;a,enen', furnished BY the chief Collector OF the
War tx, TIA; The above amount uould be aboui SUI
i,ent 10 cover thu amour. Of tax that would DO req lin d
4 GsotgiL Sub iently, hOWGV T, upon Q m1re
borough ex ,mina'ioa OF the retu u q lager amour
lA- zen claimed. Aud, a. our Treasury No &c we're 20
mash Fought after, and as they paid 10 intsJes: and could
), sKyhInSed fer The necessary amount Of Confederate
Treasury Notes 10 PGy the BALANCE Of The tax due; your
SIceleUcy ~concluiei 70 pay the remainder Of The { I 10
rr,ayury Notes rather than issue more Binds. Conse
l1eally the ,um Of s3,417 Sa1 50 has bssa paid the
| J)uie1erAte 6 yernment GA acc. INT Of the War Tar,
-Aving an ulsstled oIaCcs 10 be paid Whenever It is
is6 lit.ly sseertNinsd What is the true or precise smount
Of b, War Tx dua ( o 4 the ci il sns of GsorziA. / is
supposed tllt this balance viii not Cx ICED $l7 900.
Although Georgia seven per csn.. State BJndi nov
sAad hjg aad psrzsps preferred TO those o; any othar
SAT- By capitalists G~cre'Aly, yet or BILki GbJve
aAmid dsssrVJ creii: TOR periodically coming forward a.
he ins they ii, Waen no icy vas no! dsemei so
)slty, aud o:her States aod The Confsderaey we're psy
z s p cent, aad taxing 20 ligely Of our seven per
o NJ. Bonds Had they not done 20, perhspi the ate
you'd not have Jared so vel, In raising ths rye amount
At the proper time.
TIE monthly returns Of the lIak Of Franco shos q
decrease u toe cash on hand Of ". $50. 900 Of irares.
and an increase 10 the bis diso-u lVsd, Of nearly sc,
900 UOn. The datnetl report Of n. FOui the Ffesc Gu
Minister OF E.nAnOsts punished. he says TAI ATOP
don Of the measure, | proposed to your n sly 10 ~.
Iry as, his enabled ms 10 draw up the ba igst Of 1868
Ei.h a surplus Ia the rsVsnue oil s.s6O,O4lL The rssu {
Of the DIST st mouths Of 1862 compared with tbs fest
III moaths Of lS5l, VaI 81 increase OF 10000 600
f1nea. The r,Vslu1 yt 10 bs sI3scted duSny lsf2,
I'll enable ~ to p'OVii, in 1893 fJr ApJ supplementary
| sN1enses eau ed by he Mexican expedition" The mic
stCr c~lutiuueJ: az en- eoLhd -ntly state that The balIrc.
rug Of the public revenue and expenditure /. assured
for 1864 !" ard he enumsrlte5 tn sourcs where they
are 10 b. prov ded 1! resul 5 from this statement that
he financial year Of lsd2 will not add TO the amount Of
former DIT lis. n FJuIas Whole 6lAncial sat IN mt
NY b, sunsei Up As ftli0us: TIE amount OF tbs eef
Jts previous to ls59 hiss been refused by 49, .OOO, 900
iarc4 The budget for ls5a vii not shos q da it,
rns year 1858 I'll eommeEes With a reserve which 10
. tnA,sd At $1,000 600 Traces, which il doiinsd 10 pro
yds for unforeseen ,Vsnts. \. F0Old concluded BY
,isng sssu' S1es tha' the budget for 1861 will contain
40 arrangemsEu LAbs TO cause any increase in taxa
ZION.
The ~6llosi1g article from tbs [ 'neAbues Yirsiniln
expresses our O~u views, and u comm sndsd 70 the ct.
eouvs consolidation of our rSAdsrs
TIE present high pric & Of everything for sale re u {
ron he necessary nj .iOl Of lbs cuir incy cAusJd By
Lac var /. bang = re we'd AZ on in pol tical eoVnou y
nat IN p~roPOrdCn IS morsy becomes plentiful and chesl
~Very;Sins else b,c,mes h 90. IT, therefore, the amour
Of cu-reley Il eicuAtiol be reduced, two good result
ill tolow-pr Csc ull fsl, "a Il breaking up the tribe Of
.I.oTsOGers and p'u-Gerers, who are EeIarg rich on the
necessities o. the poor and the GOvtrnment will DO
ilAuealy SIR, ngthened, and better abe 70 prosecute the
Sr vi b Vigor.
A chance is nov of red to capitalists which, If EN-.
orAced, as iG Ouga, 70 be, will tend 70 With lrIu much Of
the cJrrsLcJ from eirculA'ios, and produce the god 70
.Uls ab1vs in iieAted. bh Vas passed at the last ss
ION Of COugrefs. and approved by the President on the
1 IL "a nj ~ cher nr0Vihug f0r n raduct m in tina rata ~
il-ersst On Government bouds, after q certain date, from
Ugh; ger cert 10 svVso. By the provisions Of this bill,
II Treasury ro:ss issued previous 10 the l & OF Dso N.
or may be iuIdable in eight pr ecu. bonds until the
- cav OF April next Altar { .. dat, the rate Of it,
.eress vii be only seven per cent | Treasury notes
tSued AFR the 1t dAy Of December are iundAbls In
seven per o5nt. b)LdI only Those, there ore, Who win
20 fUnd Treasury Lotes Ge reminded that they cannot
fdnd them. ukea they are isu,d after the first Ct D.
5ember, except At the reduced rata OF seven per Cen'.-
nor cln any sort, whether Issued before the first Of D.
cember OF no, be iundtd keep: ~ the reduced rate, a.
Ter the twenty second day o; n L, April.
Thu, patriotism and Interest 18th combine to urge
capitalists with unemployed money to invest IL In the
eight per cent sscuri - OF the Confsderats Govern.
nsut, ocfDre the rate Of Interest Is reduced. II their
money u wholly Invested In agriculture, or mechanical
OF manufacturing pursuits, which help 10 sustain the
ArnJ or The sOVeInuenL, there Il no obligation or pAtTi
o / N, perhaps, 70 cause it to be diverted. But If the
no ~ used oy sp oulAtors 10 the necessaries Of life we're
funded in government securities, q ssnsibls rSisf would
DO fsl- There 3. boGeyer, 10 use In appealing 10 q cASt
Of people 20 hesrless and uupAuiotiC; and the country
d government must look only TO those ~gsailsmsa d
msIHs. Hih unemployed capital who are dspoGd u
help 'hs CoofedeItcy along, and at the same time arS
san d Sih tie interest OF eight per cent on their mo
nsJ-G rata, it seems 70 Us. with which any capitalist
ought 10 be CONTEXT.
Ulless ~sOnesting is done, Il Is plain there must be q
still turther Ia 1lOn OF The currency, and correspond
log AdVAucs In prces. Everything is ceiling at sxzava
gan rases-not became there Ia any real scarcity, bu
DO auss money Ia plentiful. Bat is mGkes 10 difference
TO = tan who has no money 81 ali, hov plentiful it i
viii ~others-eIeep. that is makes bis suffering greater
Ths Government 700, b'ilg 4 heavy purchaser, suffer-
bT these increased prces. foe remedy consists in with
dra wing the money rom circulation and investing it Il
Government securities. II these securities are 40
god, hsR H9thin5 "a gOOd neither land, nr houses
nor negroes, nor bank stcck. nor snythitg else that 1
called property-icr the failure Of tie south to main, ali
her independence viii be 70 l1Etd by univer.A. COT Ca
ion, taxation and bAnk uptey. In hslriag to sustain lht
ersdit Of the GJvsrumsnt By investing ia is bonds, th
capitalist not only dces an set patriotic in itself, bat b
asoufIs tko nA(oO Of The remaindar of HE peooartv b.