The Lancaster ledger. [volume] (Lancaster, S.C.) 1852-1905, 1863-05-06
From the Camden Confederate.

From the Camden Confederate.
hR. EprToR: No man 10 unemployed
who furnishes materials for correct think.
ing upon subjscts Of importance to Us all,
and which involve practical legislation aud
individual conduct Of the greatest gravity
The bending and confounding together of
persons aud ideas whore the clearess differ.
encss and determinations exist, in fact and
in Fsason. san never lead to truth and jus
tice, In private opinion, aud never to wise
and profitable legislation by rulers.
Instances Of this mischievous error are
found in many quartsrs-in Legislative halls
and In your solumns, whore the seller, or
Possessor Of the aecessaries of life for pso
pie and armies. the sxtortionsr. the speeu.
lator. the enemies of the cause aad country
who rsfuss the Treasury notes, or hold
back thsir surplus. because they distrust
the currency. or mean to fores famine prices
still higher. are all blsnded in the same sat.
egory with the creditor. who Ieat his coin,
who has patiently waited. who asks no pay.
msnt, bot simply declines to receive what
hs never lent; what, confessedly. 10 not
money; and what will pay no more than
one.fourth Of his debt.
What preIsxt OF motive can the preprie-
tor Of corn, bacon, &c, assign for his refa.
sal Or distrust Of Treasury Notes! Does
hs not receive fsur or five times at tho least
she specie value Of his eemmodityi Can
he net take the swollsn proceeds and con.
vert bhem isto . sum of silver, that will be
fully iwo prices for his bacon, (for exampIe)
though reckoned 10 silver! Ii hs prefers
to boy somsthing else for his notes, he
gets that thing 1t least at ito specie price,
or thersabouts. for exsetness 10 not attaina.
bic in the estimate. How stands the cred.
itor II he receives the Treasury notes for
debt! Every one Of them counts a. specie
70 him. Every 9S mole 10 counted ~ 85
In silver when he gets II from his debtor.
Hut when he goes to that same debtor (if
ysu please) with the same 06 note to buy
bacon or butter. how 10 il estimated then
The price Of the article makes that came
note the equal only of . dollar in specie,
which paid just now IS Of q specie debt
% that when paid by debtor it is $6-
when paid to him il 10 81. Can lany body
nisunasrstand this! 10 It not manifest to
the meahsst intellect, that the debtor has
paid S5 with 1l.
SupposS creditors Be driven, whether BY
the ssurpating arm Of government, or BY
the blind howl Of persecution, to take Treas.
sry Notes ~ the equivalent Of silver and
gold, (though the Treasury cannot pass
them - either. and does net) 10 the trans
action not . palpabie violation Of the obi.
cation OF contrscts! Who urges this ex-
hibition of dspravity, fatal, VIXEN general,
TO government and psople-sxtirpaiing the
very roots OF faith and confidence among
men? DsbtoIs urge il, and profit by it
Those who want their votes soncur. Tfthsy
will not keep hsir faith on their own con.
tracts, are they likely TO send agents who
will levy . tax on them that shall enable
their government to keep its fsith-ts Oh.
serve sasrsdly the obIigstisn Of publc con-
erssts--to pay Purctsally interest ssd 6nal.
ly prineipaii Ii . man feels we'll founded
10 morals, In paying his debt only when It
10 convenient and profitable 70 do 20, will
not the same man feel we'll founded in pa.
tiot'sm, in sesking only . time, through
bis representative in q legislative body,
when It 10 also convenient and profitable to
him 70 aid his government In payisg its
debtsi And lnlsss suSh man holds the
dsbts Of his government, 70 an amount bear.
Ing large proportion 70 his entire estate,
~ may bs slew indeed = find any time
when y may b convenient aud profitable 10
him - pay heavy tar. In srdsr 70 main.
tain the faith aud credit Of the government
tswsrds osAsr people. There IL suoh
thing % sspudisiion Of dsbts by govern.
msnts s.d iudividuals-sueh . thing -
seoling thsm-sush thing - default In
paying interest On them. Who leads gov.
srnmsnt In such . "slough Of dssponds I"
yts constituency acknowledgements %,
Ia Rspubaicsn forms Of polity. And now,
mayk ny PREDICTION Those Who are tyyiue