Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1862-02-01

the ground for their batteries and then
this contractor employees the army wagons
70 draw II TO the sereral comps. and he
has no further trouble than 10 draw his 81
for "a cord, leaving the Government 10 draw
the wood. Laughter. h COTS t,co NIL
lion Of dollars euerg dag 20 suppors fhs avmv
ia ths field. A numbered milliono % dollars
have thus been expended since We meet on
the 22d Of December. and oil that time the
army has been 10 repose. What The ex.
lpenditure viii increase 10 when that great
| day shall arrive when our eyes shall Be
giaddcned with the sight Of the army IN
motion, / DO nos know. Another hundred
millions win 20 with the hnndreds more !
have enumerated.
Another hundred millions may be added
TO these before the 4th Of March. What il
may cost to put down the rebellion / care
very little, provided, always, that Il he put
down elFeciually. But, Sir, faith without
works is dead, and / am free to confess that
my faith sometimes fails mel mean my
fuith In men, not my fslsh IN the aause.--.
When the history Of these times shall be
written, it win be a question upon whom
the guilt win rest most heavily---upon him
who has proved Incompetent 10 preserve
the institutions beq0eaihed 10 us By our
fathers. IL is no wonder that the public
treasEfy trembles and staggeFs like n strong
man with too great burden upon him =
A strong man in an air-exhauste5 reeeiver
is not more helpless today than Is the
Treasury Of this Government beneath the
exhausiing process TO which IL is sljected.
The mighty monarch Of the forest himself
may bold ut bay the feFcest, mighfiest Of
bis foes, while the vile cur, comiag up be.
hiad him and opening bis fspgs, gives him
fatal would, and although be asy strug-
gle on boldly and Taliantly. the lifeblood
Is silently tFickling from bic heart, and be
grows faint, and fai,ers and dies.
! Tho Treasury notes issntd In the face Of
these immense eullays, without revenue
| from Custom Houses, from land sales, from
any source whatever, are beginning 20 fall
in the market. Already have they begun
to sell at six per cent. discount at the very
time, tao, that We here exhibit the singular
spectacle Of frand, and Of struggle With
the Committee Of Ways and Means itself,
in an endeHvor to liz up and sustain the
Government Of the country.
Already the sutier-that curse Of the
camp-follows the Paymaster, Ms the shark
follows the ship, buying up for four dollars
every Eve dollars Of the wages Of the sol.
diers, paid 10 them in Treasury notes. /
have no desire TO hasten the movements OF
the army, or 10 criticise the conduct Of its
leaders, but in view of the stnpendous drafts
upon the Treasury. must say that l long
| Tor the day Of striking the blow which viii
bring this rebellion 10 "a end. Sixty days
longer of this state Of things will bring
about result one way or another Ri
impossible N at the Treasury ef the Uaiiec
STATES can meet, and continue 60 meet, Chi
state Of things sirty days longer and 81
. lignominions peace must be submitted {,
, unless We see TO it that the credit Of thi
, coantry is sustained, and sustained, too
, by the conviction going forth from ihi
, hall TO the people Of the country that VI
win treat as traitors not only those who: ::arI
, bold and manly enough to meet us face tc
. face In the Geld OF strife, but all those, also
tOhO eldndestineiy and steaItaily suck the life
bLoOd fran as IN this mighty struggle
Whatever measures may esaaaste from thI
Committee of Ways and Means, to meei
and reiriEe this state Of things, they viii
fall like a dead pail upon the public. unless
they give this assurance that these ex
traordinary and extreme measures to re
suscitnte. revive and replenish the Treasury,
are not made 10 GIL further and longer
the already gorged pockets Of the public
plnnderers. How, then, arc we to contribute
iD this matter TO revive public confidence
in our public men here, ifit be not when
these appropriations come mp that we probe
them, that we ascertain whether there be
anything in them that at this moment can
be spared. Our pressing duty now Is to
project and save the Treasury from further
Wholesale or other system Of plundcring.---
In conclusion, he argued against paying
for printing the Treasury notes, on the
ground that the contract was improperly
obtained.
Mr.. BAKER (Rep., n. Y y reviewed the
financial condition Of the Treasury, and ad-
voeated the passage Of tax bill. a clean
aud straightforward one, to realize hun
dIed millions of dollars Three-fourihs OF
this can be collected from the loyal States,
which they will eheerfully pay rather than
submit TO q bankruptcy. Ths remainder
eau be collected In the disl0yal States six
months hence. In addion to this, Teasury
notes should be made legal tender, bear.
ing small interest. He was in favor Of
COMMISSIONERS sent to Europe TO negotiate a
loan. He would amend the Excise bin so
so as to relieve commerce of some Of its
burdens. The restoration of the Govern
ment credit was Of more importance than
a battle on the PotOmac.
1t was with pain aud humiliation he adj
mitted the fact that the credit Of the Gov
ernment had sunk so low 10 payment Of irs
debts, that 1t cannot purchase lis immense
supplies at market rates, and the Quarter
master at New York is SO besieged by
public creditors that he has been Obliged 10
post "No FEEds !" He wished to restrict
the business Of Congress for the present 70
military. naval and financial Affairs, and
hence be advocated the poStponement Of
the bill before the House I'LL the second
Tuesday in February.
DR. JAMES Lagos Of the LoodOn Missionary
Society for twenty-ons years resident in China,
after sixteen years assiduons study of the lao