Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1863-11-20
FINANCE NORTH AND SOUTH.
,i,, N,ljI.

FROM I've mobile SGHtfiscri
Some weak. kneed, and faint hearted. and
white livcrcl Cun!rdcrates- pretended Con-
fedc7atcs-wi! say, in reply t" this, THAI ce
arc fighting, with Il currency far more tcprc-
ciatcd than III" Yankee currency is, or Il
likely Ia lc--and that if VIC can keep m the
war, with 81 drrrcciated currency, tic Vans
KEGS can do likewise. s. they can-if they
choose 10 DO Il. Eut they will not choose 50
to do. Consider that our eases are altogether
different T!:c North il fighting for conquest
and empire. We are fighting in sclfdciencc
and for independence. We are in the same
position rs the Colonies in the time of the
Revolution. Their currency was worth little
or nothing-bus they kept on fighting. ard
finally succeeded in winning their indercn>
dencc. Money has been inapt!y called "shc
siucws of war'-rc say ''iaarily," becauseit
is mistake. Tn" sincws Of war are CROUCH
food and raimcnt TO sustain human life, and
an unconqucrable resolution u perish rather
than be conquered.
The value OF Yankee money on the other hand.
depends exclusively upon their ability 20 conquer
the Souih-that is, in their opinion. it depends
up3a that. In Our opinion. it depends upon no;lI.
ing y. AL! ard has - basis Of redemption more
unSubs au'ial tEan the fabric o! a vision
Whether they SUCCEED CT nj, T. cir money is
equally worthless The last golden dollar that
iinglss in Mr.. Chase's Treasury will be worth
more in five years from to-aay than the accnmu>
lated millions of 'grcenbacks" that he has ut
tered. all put together.
Our own people-wiSe in general politics, but
lamentahly ignorant in chat especial branch of pol.
tiles which relates to finance are TO blame for TIE
present depreciation of Confederate currency. 4
singular spectacle is. indeed. presented that We
can negotiate loan in Enrohe ut nearly mr., while
the North Cannot negotiate orc nj al Oar bonds
worthless if wa are w1ippad-sell for nearly,
their face, while Yankee bonds are - drug upon
the foreign market and MT even Il bid is made
for them. Yet. when we look at home, Yankee
money is worth nearly its face in gold, while
Confederate money is 1t 4 ruinous discount. We
repeat that it is our own fault-uot the fault of
the North, not the fault Of Europe. We have
hecn SO long che commercial and financial! slaves
and vassaS of the North, that al the manhood Of
our own natures seems 10 be taken cut of us, and
we are yet the crnging, serTi!e followers, in all
questions Of inaicc. Of The dishonest operators OF
Wal.strect. We must drive BEN and their oper.
ators. and their fraudulent operations from Cur
minds even rs cur Holy Saviour drove the money.
changer from the Temple which they jtti!ed and
esecraied.
The South must assert itself financially, ~ it
has asserted itself politically. The Government
has cotton enough to cake heavy inroai upon
the pubic debt. Add 10 this resource system
of taSation-ahsolu:c, direct t"xstion-that will
reduce the volume Of the currency. Let our
people cease 10 make money By rrryinS upon
the necessities Of our soldiers and their families
and resolve TO sacrifice ali. sooner than this bru.
tai :;n1 inl.unan war upon lis should succeed.
We haze country such rs God Ami ,,ty. in
his goodness, has ROB vouch.safed TO any ether
on his fo5:stoo. All that is needed is pa;iencc.
endurance, icrtit;l,le-an absolute yielding nf
every thing, rs secondary to the final triumph of
the ca,sc. That triumph, sooner or later, is one
of those things written down lathe buok Of Fate
and neither Northern enemies nor Southern trail
tors can prevail against it.