, 1862-10-07
THE MERCANTILE ASS0CI lTION
CEN, TYLER ON LIGHT ARTILLERY.
TIE FINANCE QUESTION DIS
CUSSED,

The Mercantile Association held regular
meeting last evening at their rooms. There
Was large attendance Of members and others
President Doggett occupied the chair.
LIGHT ARTILLERY.
After the reading and approval Of the min
utes Of the last meeting, Brig. Gen. Tyler
beng present was requested to favor the As
sociation with his experience in relation to
the organization and equipping Of batteries.
Tie General stated that the efficiency OF this
arm often determined the result of engage
ments- The frat thing was to select good
men; educated gunners and drivers FULLY com.
petent to the management aad care
Of horses. Good clothing, and particular
ly rubber blankets, were Indispensable.
Wheel horses should in all cases be heavy, and
leaders active and sturdy. Ba1ky horses
should be discarded, as they never arc of use,
and none but those that are Intelligent and
EASILY educated should be purchased Non
commissioned officers ought to have sabres
and r<vo1yers, and drivers should by all means
bare eide-arms. It is one thing to arm the
men, and quite another to encunber them
unnecessarily ALother Important matter is
to lock ell to the sick, and on no account to
let them be without proper care. Discipline
is everything; minor details in this regard
should be carefully looked to. l. is the duty
picket ropts and camp equpage, so
that they may be right wnen needed
Officers should always be Kind aud yet firm.
In tllis is the element Of success in control
ling. Light Artilltry are always stationed at
the post Of danger. They lead an advance and
cover a retrtat. Many little things are need
ed which the Government does not supply.
They do not cost much and are inYalu1ble to
tie men.
In reply to question, the General said the
men should settle down to ra.ioas at once
| nick-racks. If Indian-rubber blankets were
| provided with rings they could be used for
| tents. He advised constant drill, but not to
| he SO extended as to disgust new men with
1le service.
| In answer to question from Mr. Doggett,
The Central Eald that unsuitable horses could
| be exchaI ged il parties were willing to pay
the difference ont Of their own pockets.
| Tie Secretary (alr. Laed) suggested the aP.
poiutnlent Of q committee to select horses for
the Mercantile Battery, and inquired of the
/ General whether he thought QuarSermaste1
| Potter would render his assistance.
The General said he had no doubt of it.
4 6esultory discussion ensued regarding
different kinds Ct horses, and the members
showed commendable degree Of knowledge
touching the various breeds Of "stocks.
On motion OF Mr. C.. G, Wicker, q commit.
~ ~ t1A~] FtAN NARtSAAA@eA ~ N@AAt INV -A-
suggestion OF the Secretary as to the selection
OF ho1tcs. Iht Chair appointed as suct
committee: Frederick Tutt1-, John Tyrren
and Charles T. Wicker
General Tyler, af1er giving the Association
the assurance of Ills assistance whenever il
my be needed, then retired.
| FINANCES.
The committee anoo;rtea vi tbe 1ast meet
in,r to consider t1is. nronrietr of nnh3ish;nt
1he address Of JUDGE Eam,hsj, IN t6e liam
ces nf he conntrv' delivered a. the iast 1,aat
ing n-no,fed Ihat thev haI madn innn1rv a.
lp%osh .Aac ncst 10y nd I IA Te not an =
p;sshie n order Inc nnh7ieaTion int refarrs,
T. hacE to tha asscc;ation ~ tf,,ai Ia actio
~ The T renort was eccentca and ts,e eomnitta
con1Ipn, Mn d. d. 1~ t'e> <'''>N 'A'' ~'l''''1''o
he1i hsd ~ accor5onne w;ti, ;s ~ rsaoSt
+ha cn1n-n.ttee -o,aa srrn1,.is ~ his aaaaas
reducing m It to such a iength as Is to to- make %
On his motion, Judge Campbell was IT
quested to address the Association and t
} rad the abstract referred to. The Judg
. | then said:
. We are now passing through crisis, to
which we have no precedent, q national crisi
. hitherto beyond Imagination. Our finance
are in condition almost une2plainabl
The war is one within ourselves, q domesti
war. England, during her tWenty-flve year
WET, made successful Efforts to pass throus
] luE Gi4n1a "a uEI AA4aACcss auA AE utAltftu tAs
/ We have the means within ourselves to reg,
h late our financial affairs. H had endeayoTe
y to digest his plan for relief within compai
t small enough to be suitable for the pres:
!. he had Lot 1ully succeeded, as the system vi
% an extensive one. He would, however, rea
:, It, and allow tie Association to use itas ths
deemed best.
n Dir. Mckindley thought proper and sa
r system Of fnance had been the study
= every government, and up to this time nol
% ot them had succeeded This, added to Il
n specific embarraesments Of our own COVER
q III. ut, 11,akes the proposition for q plan
:. system Of finance very SERIOUS matter. I
| then reviewed the system Of Judge Cam
bell, and considered that il had maj
e merits, but the basis be believed to be fat
T. to it's practical utility. The proposition
which The plan was based, as be understo;
it, Was to issue per cent stocks. and if I'll
= He1c not taken, then make an issue of Urea
1t uy .ot.s: Trneu an w. 80 - t,s.-.
er notes NAG oeen reaene9' ano .ass oepleGlas
b. then ~ noiuePs "oalu ee giae ~ Ta:a ES:14G u
r. mem iol sfen pr sGnt stoeAs' ALB
es Our govGlh11Ent Wts Hot kauptf, Alu
ty mol ash tms OF ~ clt'zens. nen 1nen COZ
Ee Wonld rot fake I1,,it.d States securities
~ 3-:ar ccrt II woa uherr1 Z, th;nlr ~