The Goodhue volunteer., 1863-02-25
WHOLE Y J 10 !. \ NO, !. IS ,...:s92.
i returning Confidence

'>ctu5HluS COuuucnCe
Ten days ago Gold was at sixty per cent.
premium. At the 'presant time Of writing
1t is at fifty- too and one half per cents pre-
'mium: and weak. at that, We of .fdourse..
can not1foresce what may happen to depro.
crate the currency below the presens4 yalu
alton du: it seems as though;a reaction Of
the Gold panic had fairly commenced, and
wouldtcon'i"ue until*a healthy state Of af-
dalrs Is again broushtabout ea'oio 2s1ai
b" Phe inflated value Of Gold has been at
trihuted ITO many causes, but'siwea believe:
that the following are among the most iufu-,
eptial. ~! 4" l.iJ1 ,norajf;b h ssest~so5
~ First, the direct efforts of3tthe Northern
sece>sit nists aud Wall street Brokers'. TO
discredit the National currency These et-
forts have beengincessant. Such Journals ds
the New York World, have never allowed a
day to pass without some malicious assaults.
upon the credit Of the Government, aud tho
Treasury Note system particularly.
. '5acand.y. The distrust which has pro.
E"i'vd ;z'"oAs our business mcn, 70 greater
.. lass cxtU:lt.i las to the final isue Of the
present .Sir':gg e. This has not arrisen 50
7tsf'cf lts''n doubts in regard to the valor of
"ur's"lai>Ts ;.,'1he skill Of our Generals, as
from hes; restieni2g aspects of our politics
at hohe. -, hey have seen large and once
honerbe party in the North, led practically
by politicians and by newspapers who have
commenced \ crusade against the" Govern.
nent, which: il persisted in, can only terrni-
nate in the utter disintegration of the vari.
Gus sections Of the old Union, and in utter,
hopeless, bloody anarchy. 1t is an undenia.
pie fact that the greatest rise in the value Of
Gold has occurred since the partial success of
this party has emboldened its leaders to r.
VOW their real sentiments. jya L: :G'y
Fortunately, as We believe, they were too
confident, and too soon unveiled their re:l
purposes. In New York those democrats
who have the most stake IN the country
have aleeady begun TO recoil from the pro-
gramn'e OF the more violent copper head
We are assured. on the most reliable au-
thority, that the same reaction is: taking
place in Illinois. thc" prospect Of remorse!ess,
internecine war in every neigbporhood ser.
wing to cool off the arder Of extreme part.
isanshtp. "'''' '@1"ii" '"''i Hno' ba
The Increasing; probability Of the adoption
q ssste'n Of finance, which shall save the
county from thaas render pfhercise iaof the
Wah Street sharkY mas had a,n.,chs sto do
with the restoration q public con filence;
and the consequent decliHe ID the asalus Of
gold ."' - @'*-t- 2'} IL / .a .1,vb
With practical men, who are not afflicted
with to much "ngser on the brAio," the
growing assurance that the government will
avail itself largely Of the military services Of
the slaves, has contributed to increase their
confidence in the SUCCESS Of the Union
eau Sc. e. 80 2tI - a>1a . .."h
Again the incapables and do no.hings
have been pretty we'll weedcd out from higIr
military positions, and nav our commanders
are, as a. whole. men who hate rebels and
mean to whip them without eunnecessary
delay.
The, government, is determined the army