The New York herald., 1863-10-01

will, on the other hand. rcpudete her. Sho
mast run a conservative war ticket, or she u
gone. This is her golden opportunity to wipe
out Mozart Hall I'd its "peace at any terms"
politicians. If Tamma0y fails to take advaa-
tage OF this oppOrtane moment she may as wen
give up the Old Wigwam; for there Will no
longer be any glory or hoaor there
Secretary Cbase aad the Carrency-who
\ Il B0ssi
The Washington Chronicle recently took
occasion TO give Secretary Chase tremendous
ealOgium. The Chronicle Is the organ Of the
War and Treasury Departments and OF the
satanic committee in Congress, and is very
appropriately edited by The notorious Cheva-
lier Fosney assisted by his internal majesty
the Devil, in the disguise Of a fasbioaably
dressed shoddy contractor. This paper de-
| clares that Chase is the most talented, the most
versatile, the most energetic, the most useful
| and the most able official In this or any other
administratien, and thai his mighty mind ex-
tends lis care, not only over the Treasury
Department, but also over every other depart
ment Of the government. The foundation for
this magnificent notice, In which President
Lincoln is go completely ignored, Is the cur
rency system Of the country. which the
Chronicle thinks Secretary Chase 6rst origi
mated, and aow upholds, like financial Atlas
| Now, we are far from coinciding with this
| view Of the importance Of Secretary Chase. We
shall presently show that we are indebted TO
entirely another quarter for our currency and
its success. AS for Chase's supervision Of the
,ko hau vat fo hal
this has resulted in any very great benefit to
the nation. On the contrary, We can trace the
malign influence Of Chase, and the radicals who
control him, in all our military misfortunes
from the defeat Of Mcclellan on the peninsula,
when Chase held Mcdowell back, down to the
defeat of Rosecrans at Chickamauga creek,
when one Of Chase's agents forced our army to
a premature conflict This kind OF supervision
is not much to Mr. Chase's credit, as he will
fad if he should ever be unfortunate enough to
receive Presidential nomination. Our wor-
thy, humorous aud satiricA President has very
accurately defined his own position and that of
Mr.. Chase. Lincoln believes, as we do that
the people have chosen him. and not Mr.. Chase,
"to boss this job," by which he means tue resto-
ration Of the Union. He says that he found Mr..
Chase wandering, without end or aim, over the
stumpy fields OF Ohio, and thought that,
as he knew little of bookkeeping,
be would be very good hand to
lire TO look after the financial accounts OF
the administration This, aad nothing more, is
Mr. Cbases true position He is the national
bootkeeper, and any pretcnsions sf bis to
supervision Of any other departments are CO.
tirely unfoundei. Mr.. Lincoln fully under
stands and appreciates this fact, and b stating
IL we have used Mr. Lincoln's own illustrations,
and almost his very words
Wall street is the real fountain OF cur sue
cessful financial system. Our merchants, bank
era. capitalists and commercial men gave Mr.
| Chase the Aladdin's lamp, which he has only to
| rub in order to raise the 2enii of greenbacks
| At the beginning Of the rebellion, when the
United States Treasury was completely empty,
| Mr.. Chase visited New York aud consulted with
| the maguavcs vr wall suvct. we ADVISED ana
directed him, day by day, and he had sense
| enough, at that time, to follow our advice.
The result was that our capitalists and those Of
Boston and Philadelphia came forward, like
genuine patriots, and gave Mr.. Chase one bun
dred and 6fty millions of dollars This vas
| his starting point. This was his capital. This
was the foundation upon which our currency
system has been reared When Wall street en-
dorsed Mr.. Chases paper for one hundred and
fifty millions, the trade the commerce, tue
wealth, the industry OF the country was by
that act pledged TO the support Of the govern
ment during the war. In the old French re-
| public the assignats and the mandats were
worthless; and Why Not because the republic
| had no shrewd fnanciers, but because il had no
Wall street, no commerce. no internal re-
sources. In the rebel confederacy are 6nan-
ciers as able and much more experienced than
Mr.. Chase; but their paper Is worthless, for pre-
ciscly the same reasons. In England, during
the great European war, the government based
| it's currency system upon its commerce its in-
dustry and its banks, and was thus enabled to
overturn the first French empire and subsidize
the continent. Our government, by pursuing
the same course, will have funds enough To
crush out this rebellion aud to over
turn the second French empire IL that shall be
necessary to prevent the establishment of
| foreign dynasty in Mexico. But we can tell
the Secretary Of the Treasury and his small
beer Chronicle that no one man can justly claim
to be the father Of our financial system. Wall
street and the people Of these States have
erected it. and we have done our share-and
no small sbare-of the work. II has imperfec-
tions; but these II owes to Secretary Chase. II
would soon totter and tumble down If the Sec
rstary alone sustained 1t; but wiser heads and
stronger bands than his will uphold 1t steadily
and firmly. The ignorance OF the Chronicle
ssd the assumptions Of Secretary Chase are
about equal. Let Forney eat his pap without
10 much noise, and let Mr.. Chase attend 10 his
bookkeeping. President Lincoln Is "bound to
boss this job" and the people will help him
through with II successfully.