The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-01-17

desiGns Of the party which elevated 10 power tno
| present occupant Of tho Presidential chair 1t
Warrington and which sought 70 conceal rs purposes by
every variety Of arul device and by tho psrndious
Tho most solemn and repeated pledges on every possible
occasion extract in this connection, an single
ps the following declaration made BY President Lincoln
anSsr tho soemny Of his oath Chief Magistrate Of the
| United States, ON the 4th Of March 1891
Apprehension toiexist amcng the people of the
Southern states that by the accession Of republican ad
security TO b. endangered There has never been any
reasonable cause for such appreh'nsons Indeed, The
evidence to tho contrary has all the while
sted and been 10 their inspection. II s found In
nearly all tho public speeches Of him who now addresses
yeo. d. bui quote from one OF those speeches when
declare that have purpose. directly or Indirectly, To
interfere with tho institution OF slavery In tho states
/ % do so and l have no inclination 10 do 80.
Those who nominated and elected me did 30 with ini
Lnowledse that had made TINS ana many SIMILAR ,nar.
than this they placed tho platform Tor my acceptance
and as Law 10 themselves and 70 me, The clear ana
! emphatic resolution which now read
Resolved That maintenance invoa,s Of tho rights Of
the States and especially he right q each state 70 order
own judgment, exclusively is essential balance u
CAV aoc csushn an n "s @ .n ry a mater
under what pretest, as among the srasest crimes.
Nor this declaration Of tho want OF plwer or DIS
position interfere with social system confined TO
Of peace. Both before and after the actual
snepccment q hostihiies the President Of the United
| States repeated In formal Official communication TO
| the Cabinets IL Great Britain and France that lao
| was utterly without constitutional power TO do
the which he has jos, committed ard that In no pos
sibe event. whether the secession of these States
suited In the establishment u separate confedcracy or
the restoration Of the Union here any authority
| by virtue Of which he could either restore
dlsanccted state 10 the Union by force Of
arms make any change in any Of i's
institutions. / refer especially for vorihcaton Of this
assertion the dispatches addressed by the Secretary OF
state OF the United states under direction OF the Pres
dent 70 Ministers o. the United states at London and
| Pars under date Of 10th aud I'D Of Apri,, 1881.
The people Of this conedcracy then cannot fail TO 70
ceve this proclamation tho fullest vindcaion Of their
own sagacty in csscne which the dominant
party in the United States Intended from tho beginning
to apply their power they 10 remember with
deyout thankgoness that IL 20 their vigilance in
resisting the ls, seahy progress Of approaching dcs
posm that they their escape from consequences
| apparent TO the most skeptcal.
This proclamation win have another salutary effect in
calming the fears OF those have constantly evinced
the apprehension tina, this might end by
strueton Of the old Union renewal Of close po-
iica relations with the United States These fears have
never shared by me- nor have been able 10
perceive on what basis they could But the proca
nation affords the fullest guarantees OF tho mpossibty
Of such result. II has established state Of things
| which can lead but OF three possible c,nsc
qnepces-the determination OF the slaves, tho
exile Of the whole white population Of the con
ederacy or absolute and separation Of these
from tho United siatee. This proclamation is also an
authentic statement by the government Of the United
states Of It's inability TO subugate the South by force q
arms and such mist BE- accepted by neutsa nations
which longer ind any justification In Withholding
our lust elaine formal recognition. II Is also Ia effect
an iniaion TO the people Of the North that they must
prepare to submit to separation, now become inevitable
for that people are not TO understand that
restitution Of the Union has been rendered forever I'M
possible by the adoption Of which, from ts
very nature neither admits Of rctrscton ocxt
| with union
| Among the subjects 60 which your attention viii be
.pecay devoted during the present secession you viii
| doubt, deem the adoption Of some comprehensive
| system OF finance being of paramount
importance Tho increasing public debt tho great ang
menation in the volume Of the csrrcncy, with It's
say concotan Of extravagant prices for all articles Of
consumption the want OF revenue from taxation ade
quae support the public credit all unite In admonish.
ing that energetic and wise legislation alone pre-
vent serious embarrassment in monetary anars. IL
my that the people Of the confedcracy viii
freely meet taxation a scale adequate the mainte.
% public credit and the support o their
| ment. when each family Is sending forth it, mot
precious ones meet exposure camp and death In bat,
tie what ground there be 70 doubt the disposition 10
| devote a 1.-THE OF It's income, and more II more
be necessary, 10 provide the government with
| means for nsuring the comfort OF It's defenders
II cur enemies submit eyeso every commodity
they produce, and 10 the daily presence Of the tax
gaiherer with higher motive than the hope Of success
In their wicked designs against u.s. the suggsion q
| unwlingness the part q tbs people 10 submit TO
the taxation necessary for the q their defence
L M bp Ais
| posed 10 make and that justify
Tine legislation Of your iast session. intended 70 hasten
the funding Of outstanding Treasury potes, has proved
beneficial Shown by the returns annexed T. the
port ~ Secretary Of tho Treasury but IL neither
| sufficiently prompt farreaching 10 meet the
full extent ~ the evil The passage Of some enactment
carrying sii further th. policy of that law Wy fixing
limitation later than tho Let Of July nett 70 the
delay allowed for funding the rocs Issued prior 70 tho
Ist of December 1852, Will In the oplnon Of tho
tary the enoc, 70 withdraw from circulation nearly
the entire issued previous 20 the Ia, named date.
" 10 this be ADDED from adequate taratep, and
appropriation II bonds guaranteed proyornatsy BY tho
per cents has already been generously proposed
By some Of them cnac,ments Spontaneously adopted
there ~ little doubt that shall 80 our nuanecs
restored sound and satisfactory condition, our
circulation relieved Of the redundancy productive Of
20 many misehes, and credit placed or such basis
relieve us from further anxiety relative 70 Our
sources for the prosecution Of the war.
It's true At is clos. debt ~ll be large, bat
viii be dee to people, and neither the interest
the capital will be exported 20 distant eounres I'M
| poverishinx ours for their bsnsht
On the return u peace the untold wealth which vii
spring soi viii render the burtheh q ,arstpn
far less than u supposed, especially u 90
AXE into consideration that ve shall then b.
,ree from the large and steady drain u oar
| substance % which were subjected M Tie
| ate uuion through the fundamentally OF acc
tonai legislation and protective t.rrs. recommend
"a YOUR earnest attention tho whole fepet a The secretary
AZ Inc treasury o. ths important subject and that
yoar es,sstou % viii be delayed longer than may
bo required 70 enable Jour wisdom ~ dsvse The proper
measures for nsurins the accomplishment u the obi.cs
.xsf