Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1863-12-01
Whereas, experience has demonstrated t:p.,

I W hcrcas, eYpericnce has demonstrated ;:'.f
the dues to be collected by the go;ccn"e!.t, 40,
for which treasury notes aro maic receivable,
| are inadequate to absorb q suitr;icnt a.:l"ui:;
| OF the noies TO prevent the evils Of ar III.
creased paper currency, and it is dccr2cd cs'
seHtial t. tic interests Of the pic and cI IL"
government that measures be u,lopie i'y tic
government - re3eem cr fluid L." c,;gn
aracua. Of thc saill!5sreg, or so L,;io!i here
Of IA shall reduce tic sum Gf the currency t.
,wo millions Or lcss: For the accomplishment
! of tIiis object tho following mcasu-c, arc r.,
ccmmendei to the country and t:ic r2.ysrn.
| :nc:': ~ this Convention:
l. That Il new Issue or couron ban:is lie
made 10 tho amount efcne thousand lni.!!Ga,
pfdollevs. The boStls tearioS SIX per c.:,l:.
intereat-tha COUPONS payable annually IA
! co;n ard .Ilat IN future, - mcc: thn wanis
Of he C"nfaier rG:cG oTcrEmeRt, the pn;cy ii
issuing Treasury Notes bc Abandoned, as lar
as practicable. nnG Is t2x sufficient for ell re-
arirc:ne.ts DO adopEsd as tha :rHo pa!lcy 10
sustain the credit of the Gonfnderacy.
2 That an act 8aaased levying tax Of
sixty: n,Iuiona, 10 lscts5 annualIyidurins
tho Whole period us s;i;d loa1, t5f u: "a
ment Of tho interest on tic .bays bonds. and
that The GOOD faith Of h2 Government bc
; pledged for the continuance # suah tax until
the maturity of the said loan: aal that t!ic
. said tax shall be paid in coin, AID that the
2Iupons If the ah0Yc bonds be faeeir.d in tho
| par merit of This tax in lien rf ciin
! D. Fiat bc!p:c shG bonds shall lc Cisierc;
! i,nr sale in any o;s.cr laaaner, Or a. 3 price
altvc par, they thail iirs; be anpol';one!
am ng tho States Of tic C1nfelcracv and thai
! = CnnmissaHer shall b, apnnn.ei ior c.ci.
! State tn make known to tho tax p 'ycrs N
each collection district the Necessity of i,-@-
riiing themselves WITH q sufficient an!r!.dt -
bonds - pay isis .pcc liz 'aE. &~l wh' s''aii
sci. a5 pa. to the tx payers u each ,::;.':s''.
tho am"nUs o. hnnls rarrro!, !"r tiic way
mont If thcir ta%"s, ard that a.! hor:s here
tofnrn i.sned I9 ;i.a G,:"rrmcui, and E:e:.
sury antoa of al issn"s b: rccacc'i in iay-
rncnt f the aaii bonds: an! thas the I'D
Har!neGt shall &c required in canycniert IT,
AiaIm"n:s 10 sn!t thr circumstances oF ;,cr.
,.;is oi modcra;r means; hat thu prina; L Q!
nay;Hs ia fall a. any tina shall b. a";..,iCi
T. a!,.
/. Tim, I'll c:istia- distinctioas h,.rre.
y ca,ury notes nf different ISSUES aai ia:"y.
hr abolished
j. Tint the ;n.c.sSt on trr e:rci- g." 10 r.
teen 'aiilon% loan 80 rai! j.: c!ca;s on tie
Treasury, and that the saii checks ho rcc":yc'!
in payment of The expert duty 81 cotton in In
sarlc n,aarcr % ;i'o c@1n5r: nn The !.rr!s ~.
nc sane io:,.
i. Tint Ern pa" nr1t ca!i cn IL c='"b.
;Shci similar tn ;iie ii-s =: or;=iEa: cali iu..u
an, that iii Treasury ro.rS b. rc..nvci n; the
Treasury thfrcC y, and i!at T." present f..
1,ac cent. and fur per cont. cali Loan ba a',"l
i.ini.
!. Thai tie richt nf the hnliar or 10 T'tca
sury notes winch upon their a3e arc ii.n!ahiA
in eight per cert sock. ought u he rec r.
nizo3 anI an eight rrr coI!:, a: 4 sI:,H: ;."rui
;-i"!c- = attached to the original six Per
cent. cali loan be restored to the holders Of Ill
outstanding certificates C; taat Loan.
s That an increased dnsy nc loT;oji OK q,
imports ana eypa-ts during the continuance .
tho war, and that the same be c3ll"ctad il:
coin or approved bills on England or Franc",
OF in the interest on the fifteen million loan.
0. That an Issue Department he created b.
The Government and kept separate frara the
frcntu-y peTfd sssiens, whose duty It shall Da
10 supply n new issue Of Treasury ro.ss n
exchange for The amount that may remain in
ejaculation OF the present issue and that the
new issucs shall express on the face Of The
bills that the same arc receivable in payment
of nil public dues, except such as are s,2G!ti.
cally required 10 he paid in coit.
10 That there should be "A is.ue q! bills Gf
. large denomination, viz: $500, 81 ono.
*5 .0l9 and 0.u00--su!fcient - Gacili-atr tho
transmission Of funds and the settlement o.
hlinrres