True Democrat., 1863-02-25

don and Paris, under date of 10th and 22d April, |, I 1861.
 l The people of the Confederacy, then, cannot
 fail to receive this proclamation the fullest vim
 dication of their own sagacity in foreseeing the
 uses to which the domnent party in the United States intended from the beginning to apply their power, nor can they cease to remember, with de- vout thankfuness, that it is to their own vlgence
 in resisting the list sealthy progress ot approach
 ing despotsm that they owe their escape from con l sentences now apparent to the most skepucal.--
 This proclamation will have another sautary effect
 in calming the fears of those who have constantly | evinced the apprehension that this war might end | by some reconstruction of the old Union or some
 renewal of close political relations with the United 1 States These fears have never been shared by me, nor have ever been able to perceive OF what basis they could rest But the proclamation affords
 the fullest guarantee of the impossibility of such
 a result. It has established state of things which
 can lead to but one of three possible consequences: | the extermination of the slaves the exile of the | whole white population from the Confederacy,
 absolute and total separation of these States from the United States.
 This proclamation is also an authentic state
 ment by the government of the United States
 ot it's inability to subjugate the South by force | of arms and as such must be accepted by neu
 tral nations, which can no longer find any us>
 tifcaion in withholding our just claims to for | naI recognition. But IS also in effect an inti
 
 prepare to- submit to a separation now become
 inevitable, for that people are too acute not to
 understand that restoration of the union has
 been rendered forever impossible by the adop- tiou of measure which, from it's very nature, neither admits of retraclion nor can cueXSit 1 with union.
 Among the subjects to which your attention
 will be specially devoted during the present l session you will no doubt deem the adoption of | some Comprehensive system of finance as being ! of paramount importance. The increasing public | debt, the great augmentation in the volume of | the cdrrescy with it's necessary comcomitant of 1 extravagant prices for all articles of consump~ ton, the want of revenue from a taxation ade- quate to support the public credit all unite Ill admonishing us that energetic and wise legis- lation alone can prevent serious em barrassm met- in our monetary affairs. It Is my conviction that the people of the Conlederacy will! freely
 meet taxation on a scale adequate to the main tehance ofthe public credit and the support of | their government. When each family is send> ing forth it's most precious ones to meet expo- | sure in camp, and death in battle, what ground 1 can there be to doubt the disposition to devote | a tithe of his income and more, if more be nec- essary to provide the. government with means | for ensnting the @eomort of it's defenders? If l cur enemies submit to an excise every com l modty they produce and to the daily presence | Of the tax gatherer, with no hg gher motives than i inc hope of success in their wicked deSigns
 against us, the suggestion of an mwingness
 on the part of this people to submit to the taxa
 ton necessary for the success of their defence
 is an imputation on th5ir patriotism that few will be dispose to make, and that none r ju tify.
 | The Legislation of vonr Last seaslon intended
 to hasten the funding u ontataudins s1reasury | hoo t,,avEaf sb,.Ut, ba 1 turns annexed to thr report If thn secretary of | the treasury. Rat it was ueither sufficiently
 prompt far reaching to meet lhe iull eA tent 1 of the evl. The passage of some enactment, {,
 carrying slill Further the policy ot that law by fixing limitation not latrr than the first July
 next to the delay allowed for funding the notes issued prior 10 the first December, 1882, will
 in the opinion of the secretary, have the effect
 to withdraw from circulation nearly the entire sum issed previous to tae last named date.- If to this be added revenue from adequate taxation, and negotiation of bonds guaranteed propurtionatcly by the several States as has al- ready been generously proposed by some of them in enactments spontaneously adopted there is but little donbt that we shall see our finances restored to sound and satisfactory condition our circulation relieved of the redun- dancy now productive'of so much mischief, and our credit placed on such basis to relieve as from further anxiety relative to our resouI- ces for the prosecution of the war
 1t is true that it's close our debt will be larger; but it will be due to our own people, and neither the interest nor the capital will be exported to distant countries, impoverishing ours for their benefit. On the return of peace the untold
 wealth which will spring from our soil will ren. der the burthern of taxation far less OnerOus than is now supposed, especially if we take into ..- loll q, k, |.o,
 the large and steady drain of our substance to which we were subjected ina the late union through the instrumentaity of sectional legis- lation and protective tariffs.
 recommend to your earnest attention the whole report of the secratary of the treasury, on this important subject and trust that your leg
 slation on 1t will be delayed no longer than will be required to enable your wisdom to de> wise the proper measures for insnllng the ac
 complshment of the objects proposed
 The operations of the war department have been, in the main, satisfactory. In the report of the secretary, herewith submitted will be found summary of many memorable successes. They are, with justice ascrbed, Tn large meas ure to the reorganization and reinforcement of our armies, under the operation ot the en- | actnent5 for transcription. The wisdom and efficiency ofthese acts have been approved by results, and the like spirit of unity, endurance and self devotion of the people, which has hlth
 erto sustained their action, must be relied on to
 insure their enforcement under the continuing necessities of our situation The recommenda
 tions of the secretary to this effect are temper~ ed by suggestions for their ameoration, and the subject deserves the consideration of Con-
 gress. For the perfection of our military or
 ganzation, no appropriate means should be rejected, and on this subject the opinion of the secretary merits early attention.
 ! It is gratifying to perceive that, under all the efforts and sacrifices, of the war, the power
 means, and resources of the Conlederacy, for
 it's successful prosecution, are increasing: Des pendence on foreign supphes-is to'be deplored, and should, as far as practicable, be obviated by the development ofinternai resources. The peculiar circumstances of the country, however, render this difficult and require extraordinary encouragements and facilities to be granted by the government. The endorsements result ing from the limited capacity of the railroads to afford transportation, and the imposslbillty of otherwise commanding and distributing the necessary supplies for the armies, render the control of the roads under some general super
 vision, and resort to the power of impressment,
 military exigences. While such powers have to be exercised, they should be guarded by ju'. dcious provisions against perversion or abuse, and be. as recommend by the secretary, under