Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1863-03-31
Prom tbs y. T. Price Current,
KGE Am TRA~

Inc great reaction IN the pDblic SEMI
ments as manifest IN the healthy REACTION
In the financial matters of the Government.
eOadnoes 70 form the paramount enestion
Of the day, and every successive twenty.
four hours affords renewed proof that the
great decline IN gold Is not the exclusive
result of the restrictions which have been
put upon transactions 10 thai commodity
oy the law makers at Albany and Wash
lngton-but lsrather the FIRST legitimate
tEult OF that renewed confidence in the
Government and the national credit, and
OF the aceumulating evidence that the
"Coafederaeyn is fast approschin, ia end /
One OF the most Significant circumstances
of the day is, that simultaneously with the
renewal Of confidence in the United STATES
credit, the finances of the "Confederate''
Government are in most Wretched
condition, and rapidly going from
bad to worse-Gold being quoted
at 500 10 GOO per cent premium. In other
words, Confederate paper ia about the most
worthless property (2) that could possibly
be possessed-Which fact even The lesdefs
OF the Secession movement appearito fulIy
appreciate. Therefore, the recent decline
IN gold has far deeper Significance than
would appear on the surface. It gives the
most ample assurance of grow ing con.
Vietlon IN the PUBLIC mind, not only of the
ability OF the Government TO ultimately
overthrow the rebellion-whicb has never
been really doubted-=but in its ability to
ac!coemP pms! this at an early period And
this belief is evidently the Foundation of
the prevailing cheerfnlness of feeling which
is manifest on every hand. AssuredIy. tbe
ensuing campaign which is generally he
lieved to be the final one. could scGreeIv
open under brighter auspices; OF IN a man
ner better calculated to insure the tIiumpb
OF the United States Government over the
reoeliiOus element which has for SO long a
period defied its authority.
The existing state of the Government
finances is striking Commentary on the
predictions of a certain class Of people
who have steadfastlI adbered 10 the chi.
merical assumption that the country Vas
last being hurried to ruin by the SkcretaFv
OF the Treasury and that the Shipof State
would De stranded unless they could com.
pass ms removal II is RomeRhRt sing
s uiar 1aes t9at, despite the acetbity OF crit
.cls sI1 winch mas from the start character.
RED the emissions of these inanefal writer's
and professional quid nuncs-wS6 49,
taken great pride in their wholesale danTn
Citations of the Secretary, and "a tLsir
Condemnation Oh he
whole method Of controlling the KationeI |
huances-their present views subsfantisIi,. |
accord with those OF the most zeaIoTs AZ
Vocates OF the Secretary and of the noITcy l
which he has pursued. P'''y
The declaration of Ne Boutwell, that Lis
othctal experience In the dtscchareS AZ b;sS I
uudes as Commissioner of Internal Reyer5,,,s 4
mas enabled him to Comprehend ysyitb NO. /
eIeatness than ever before the maCnitn5e
OF o. our National resources aud that he
mas gained confidence daily in the abiIit;.
OF the eosntry to carry the var to snS.
cesstut termination,n has tended L go
SURE the dmld, while the still most iTnos
y sens Iaet that Offers to loan large amo1nts
70 tne Government have been made III
Ioselgq eapisalists, who are said 10 bsEs
EeI9sed TIER aid 70 d foreign poT;ets q.
looked upon as an nnmissak cable G', =
tnSt the actual state Of atfaitsin this e51atss
Is ginning to be appreciated abroSI - I.
WITH WITH THIS aPPreciation win conc - nv
that, with. the, great wssItIi s3,S
tne8nansnole resources OF the TTDiF.sIi
otates, the Suppression of the rebeiT5SSs "a
only question of time, and that ssa $.
: tlss!y % % solved in the succeeding fsV
months. Il Is thus demonstrated besson;,. 8
9eEaoE Venture that the Union cause il 80.
3 both at home and abroad. vbiIsSt fS
l &S same tune is is seen that the rIorv ~ =.
epeEn GontederacY" is fast r,Ssssos- :
Way ana that its rapidly failing f6r,nIss:st /
oseshadow the early demise 81 fh,5 &C.
ederate Government sS@su- r
Tue movement in general trade copt;n. '