Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1863-12-18

land tie credit OF the government snst7iuci,
without the issue Of another treasury note
and without increasing uu- debt beyond tic
present amount Of 81 l,0m,009, COO.
have no doabt hut that the withdrawal &c illc
| present $500, 1000 900 nf treasury notes, would
have the immediate effect OF reducing every
thing ior saloin tho courtrg AZ least thirty ehraa
t33) paT cent. Ii. tla. case the expenses CT the
government next year would cn!y ho S4tt1-
900 900. aad we shauld. thereby. be the caiacc
20 the oXtens Of sl3G $685. 81
The forced funding ct the 5000, ,0tiG. 900 of
depreaia:ed currency, an' the substitution of
ouly 5000, 100 $50 Of circulation, and ;h:t ta,,
| Of better currency, cou!d not fail 10 ksrc ::
very sa'n.ary :?ii.aaca w2oFthc c2natrr ~n.l
in 4 short .iIre make Confederate money! ~ q.
| husiHess TRANSACTIONS aui.c rs GoCi ~ gold.
This system would ;.!:o have Il .,,oi ciEses-
upon the bonds Of the government. and
every man would be anxious to invest u
them one-th!ra of his estate. So tha: the
interest might pay his wtola 'ay:as ii
would do-si1 per, rrnt ~ the M;rd OF his estate
being equivalent to f;ro per cent. cn !io whole.
1t would also inducc rapid funding IN The co;toa
hond@ ., ct l!li Fer. cent premium; which @ou!d
ment, assuming that OF the $3.50 600 GRO Of :h&s
loan authorize 20 hp Issued ut least $500 900 600
remains yet 10 he sold probably a ,srgo-
amount, At the same time. it wou!i be th. very
hest Investment that u capitalist could make. rs
he could lity the coupons en- secoun: of taxes at
the price OF the cotton they wpu!G cOmnau,! a.
The time snch taxes became plveh!s; cr !c con:d
get liz: c:.!on III payment 0f his coupons. which
cotton would cast him only l2t cenis par
pound, AID would, in Nil probability be worth,
Tor yeafs TO come, at least 80 70 60 c,mts uer
md ia va pp,iI n - ~
pound. Objection may Re made. that ,h Gov
crnment has nc! tim coin 10 meet TIE oxCass cf
coupons ihas taxpayer r1ay hold But j. will
BE- observed that ,le a!a"uit Of srsi excess III
tho aggregate. must necessarily bs vcrY sul.i!:
,s in no case ccd there 10 an excess unicgsa
tax-paycr should have more than one ihirl q
his es'a's IN h0n:ls. which would HAPPEN in r&yn
instances And where j. does so happen mains
.sin it wo,li he economy i'll the Government %
pay the highest prtci for coin. By purchase -
pay small anoEnt of iutcrest, rIther than alIor
III: currency 10 remain Mt tla present deprecated
lorcl. which forces il 10 pay five fIli Df priIr.'p.
for everything it has TO buy. with prospect os
still further enhancement Of prices from month
to month. as tho war progresses.
The two hun2rsd millions OF legal tani-r Notrs
proposed 10 be issued wculd serve !nT c.:r5ncy
during the entire war, rs they S0nld 20 or. i:0n
The Government between the Isl al .!anuaFy
aud July for supplies, and come hac!. into .he.
treasury tic lst day Of July uGSs :r:axes,
and so OIL, repeating the sam" operation nT,ry
six months. hHohcr happy rll:c: sIri. aa il.
sue world have wGud d be 10 bring doy:u tic
price Of bank issues, 1T or ba!02: the C0He,:a-
rate currency thereby enabling tho banks -
resunG the banking business CpJn i.Gi iEi;io
principles They "o0li no longer b" a6s' "a
bank upon th':r own phper. as these 20 whon
they might :sSue it, woiid not, rs now se!l il 10
Yankee SharPers-yclept blcck&,'s r:rnars--at
one hundred per cent. to be carrricd North aud
exchanged for useless iawkce lotions and :rSsii;
but they would use it 10 bny lcgaLiaTgacI no:2s
OF c"upons 10 pay their s&xss with.
These views Sicssers. Editors might DC great
~ elaborated, and many .olber advantages de-
duced from them; but %eing totally Gnaccs5
TONED TO placing my thoug hts on pepper OK any
subject, am apprehensive / baye f.,tDd "a aisa.-
the deas, IS presented 70 my mi nd tie c.esraess.
with y hIch 1 perceive them / throw .taaIn oas,
however, with the siiicors hope th.' sornt abier
head than mine ill,Indert:lsa 10 reduce them to
order, and aid in bringing our currency 20 u
safa and healthy standard 4 MERCHANT
Richmond, November, 1853
IMPORTANT Tle.rI Ht:sv.c.a %-,
General Comoafon Killed The French at }uere>
inro and Gnnnajuato-JH0r: Po,rerlcss, Sc
&c
SAN FRATCISCo. Dec. q lSG2-A.rived
steamer Golden Age, fipm Panama steamer
Panama, from Mazat',nl. with ore hundred ana
forty thousand dollars in treasure
Dates from Cuima. Mexico an. 10 No@cmtc. 81
Genera; CnmoIfArt YVES killed on The rnaI be
, tween San Luis Pntoi and GG#najua:o, ~hiin
lighting band OF MGxicgns whu i.YcfeG: French
| occupation
| The French had possession Ct Querctaro and
! Guanajuato. and wer- marching on Guadal. .'l
. and Murelin.
Manzilla was sacked by robbers on the 18TH
| Of November aml the Custo:n Hou.e destroyed
Cclina was surrounded BY Cnrservadores.-
| The Juarez Government Was represented 10 be
| powerless, md ANARCHY rcigned within his nj ni-
nal jurisdiction.
This news comes through priv;:te !elsers 10 II
| commercial house of Sun Francisco