New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-08-13
The leading article Of Mesus. $. lIallett & Co.'S
Circular for the Wednesday steamer is on the Gold

question:
We know q nothing remarkable 'na snom,lou' IN
r,reffl 40 rn have been tie recent hlrfuItcrs H.
tie pr!ee Of Gold which q he time have been urac
eompsnied corresponding hucii,ion In the prices Of all
he non a..are II values 10 po th,' o. Sn
other pioduci' aga Va.aes would 'h.w cone,Pondas
Cause. ths have acted upon price, have been % very con-
soorebe extent accidental az 'Lst so 90 =, -.
by United states un these oaDsei Geese 10 earf! then
The c.n,e that b., 70 r acted chief upon the Pre-, sod
ial been The drrond of expectation ceed ~ g." s,c o.
vey lags amounts oi d." cHfuic sned by ssie a.
yli- har- been recently hoiac s that plIpo-e
If,t no, i,ei boz .ac demand tle trelsu fos q ~ Alt
not l.yo gone shove 10 pr cent al ley ~s nay resaI
a. trtraorainay % be- bold o. ost of roc rnf.t ~ L.
a. We .ha receive ts,k our g g'e' o. ,e lid ir i
would have s1uu up With b. hl ~ 10 Va MOI prfs q all
other Kind. OF property re'aiu 'ey nearly ay nay
8.scy alone Othe clss have ol sfss 10 p-t 90 prices
for r4uy kinds G.! me-cLallie, out these re tniey hide
whls re..ay Notes e'P Eey,F perform the oa.e Of
J,r,d mon d. " lo a. the bonds of Government into
r they are Cons ible Such bond. cannot be csaaaef,d
bong at dlscoaat Of more tan 4 ccni with specie
since Il premium Tor old. Treasury hOss convertible iuo
then would have conn ln led similar Ir-mum. IT, credit
KaIosd .ecunos - very n'nfii he pI.ces th'y
with specie standard H. pfolo'h1a O. the credit % GOV
cande be- which renders Il entirely iLpo'sb' with.
much srai'l eipc'nle 70 sn' the peic'uiae Of the
now standard OF value.
Phee. Tor the future mus. depcud upon the demand Tor
.rroft aId upon the credit Of Goscrnmen'. Only few
,es ago ~ year bonds sold a ~. which would he
premium the bshest price gold has yet touched The
~ vich q /. a r, ples.n's,ivr Th. vsre ~ a Trea,ury
Eoe Ia he way e.sured by tho '.ne Of s
tuen,Ae promise ~ sn1 the Confidence paced ~ the
Government Of the Uni I'D Stfte-
ccitn degree depl,ciaon Is tho ncc...Iy result OF
M attempt substitute currency tho value Of which de.
nd. upon the credit Of Government nesd OF upon
This appreciation must 10 the long run he IA fAo to qlr
tity But not certain but that tie effect of such de-
probation ray be to canse 10" Of we precious metals nio
us al Of from the country OF ehap, should ray ,uch
depreciation will have Of Itself tendency b. checS such
nporsons which must a"')s be controlled by the law. Of
trade A. the Of securities the BAL
nee o. y, is s s Of than oCooOo notss,h.tsS
ing iupo,Ations ior tn. fsi months Of the
orders that were seat out andrr belief that the
.cs OF the country would remain uIdstubed Since then
Two highly protective arih bills bave been parsed while IRON
ps.sion for ssonouy there has been very large reduction
a. the consnuOn BY people of foreign mechGa disc
Ou Tor 2 on larger scale thsn or tho previous
wear while on inport. must be greatly reduced
In ltl tue 6oyermtnt Imported very Hugely OF munitions
Such mportlons now 81 an end The large b..
0 by shipments IS q, OF gold We do nos zee how II can
be Othsie la Ect god usi soon come 70 tA country in
premium OF 20 cent, while nearly n other sndsof property
ersned ~ former price, tuch fate 81 things wold civ.
posses'o Of The peoul n"a tho benefit o. the premium
10 the pufcha'e VI merchandise shd 9Pciy pfiecs al
usted themselves scc0rdlg to the gold Itandrd he wo1d
realize the advance u the iice o. rod iri pcs 70 i io'Ner
TelAiv value. his ysins wouid. IN e1'et be the ine
There II every TcisQn' consequently why sViu ehonio hoF
rapidly into th country except ior ne apprehension iet IN
reference TO The disturbed condition Of political efsr But
W. be-y. ,nch apprehension. will b. speedily quel Tie
effect oil The prosecution the VIII be to conso idas OF
the more y the un add power oil the loyal states they
y Ia mere uuts na"ni whose luGusfts ana
commerce win upon the most solid foundation Nowhcfe
does society stand upon trmsr basis Al this VIII 'oon be
zen and that properly nowhere safe OF productive,
that 20 OBJ gallon, fey Ia be met, thaa those
Of our people On the whole, therefore, our commercial
.tuyh with tho Increased confidence which mus. hence
forth be felt IN stability Of our alters must turn tho How
Of cold low ard ~, fact winch mu,t greatly mitigate tie
.of
vii Of th fully and appreciated WI show soompaIa
lively easy solution Tor tnem.