Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-12-09

Of this war. when vas honored BY the conven
ton Of the people at Georgia with seat in the
Provisional Congress, the Government borrowed
Sl5,OOO, 600 by pledging one eighth Of a eeat per
pound on all the cotton exported from this coan-
try. payable ia nothing bat gold and silver. or the
couPonds Of the bonds. and, for the frst year OF
the war, they were on par value with gold and
silver, and, even al the present time. when gold
and silver have greatly increased in value, are
worth ~ or 100 per cent. premium, and with
this loan, andf treasury notes, not exceeding
the taxes of the year. the war was carried on
for the hrss year But the war enlarged
is dimensions. Our enemy. after putting f5.OOe
men into the field. went on increacing their army.
until they had accumulated an army TO hight
against "a which neither We nor they, nor any
human being, ever dreamed would be called out
Column after column, and army after army OF
this mighty host did we roll back, until be IN
the madness Of his lust for dominion, with the
seas at his command, levied troops from every
part OF the world to bring against US. IN order TO
take from US the magnificent land which the
Creator had given US. Still our troops did not
falter. We needed more money 20 meet these
great events, which we raised by an easy but un
safe mode. The great error committed was
this. As soon as we issued an amount OF money
adequate 10 the wants of commerce, we did not
stop; we went on increasing the amount TO l so =
was inevitable. The depreciation from the frs,
of March last to the first of July has been at the
rate OF FIVE per cent. per day. IL seemed TO be
overlooked that while you increase the issues OF
the government. YOU in the same proportion de-
precate the value. of the currency. IL cannot be
otherwise: IL Is governed by lava law that no
human legislation can control.
We must reform. aud commence by increasing
the value OF n dollar 10 that at which the law
fixes il, seventeen pennyweights and eight grains
Of silver, and not let IL remain at what IL il now
worth-about grain and half of silver TO the
dollar II a debt is incurred by the government
il viii be among ourselves for no other people, |
believe, will take credits, and the people
must be taxed to the amount 10 may be found
necessary 20 redeem il. Our government has
already called for the service in the field of the
able-boded males between the ages of eighteen
and forty-fve. and may call out all other able
bodied men when necessary. Why may it moi
just as well call for money 10 rny considerable
extent, OF these who have been permitted "a
stay ut home and make money? Money j.
just as necessary for the prosecution of war a:
soldiers. and the remark Of one of the greatest o
modern warriors. Louis XIV, is not far from
the truth, that when TWO nations 60 TO war, the
one will conquer which has the last dollar in the
treasury. put il 10 every honest man who ha,
staid At home, IL he is not as much boundato aiC
the Government with the money which he ha.
made during the as airy soldier is to defenC
il with bis boodg The man in the army gives nj
his time, which may be all his capital to defenC
the lives. liberties and property of himself anC
his countrymen Shall you not give all you
acquisitions. at least during the war. for the m'
purposel ! think So Look We to it. Revolu-
tons 60 to the bottom Of things.