Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-10-28
NEUTRALITY-SUSPICIOUS. RIGhTS.
RICHMOND WING.
WEDNESDAY MORNING. OCT. as, 1855.
pamedies Lon opr Flnaneial DisOTdeTI.

Remedies for our Financial DisOrders-
"a t;,,s has arrived when, BY the consent Of ali, II
"a s,sssry 10 sdo2. some decisive measure OF financial
ia, or abandon she currency 70 destruction aud the
fa,vs,nu,.a. to bankruptcy. The hrs. would involve
e. Ia. by ths people of some ak hundred millions Of
dollars now held by them and the second would force
tbs oyernment 70 the adoption Of mssnl a. arbitrary
as suy autocrs could employ, to maintain its existence
and 70 continue to prosecute the war The united et-
feet Of the two would b to eEpole the people TO en-
barrassmeuts disorders and susFings such as amid all
the horrors Of the war, have not been dreamed or
Under these circumstance is is right that the earnest
attention Of our Legislators and others should be gwen
n the subject and that the people should be sdVsed
through the channels of public Information OF the va
rous schemes Of relief under consideration. We per
form pleasing duty III this respect this morning, IN
npblsbnV the clear and striking views of gentleman
ho has been long oOHspcuously connected With public
sHirs We refer to the letter oil Mr.. Stuart TO Mr..
Armstrong. of the Virginia Senate. embodying plan
Al once simple aud effective aud practicable as 1t is
,,,ctieal. Desiring 70 economics space, We make no
pop OF the features Of this plan, but refer the reader
10 the letter ITSELF
The readers Of the Wing have been made acquainted
With the scheme of Ex-Governor AOrehead, which,
with some notifications, has been presented TO the
Virginia House Of Delegates by the Committee on
Ranks with The important statement that i; had been
csped BY the Secretary Of the Treasury, and would,
# adopted by the Legislature, be recommended by him
~ Congress for such legislation would be necessary
IN Give il efficacy As an amendment 70 this plan, and
a. means Of eusuring its and setting i.
oosrou more promptly, it has been suggested that the
S,siss should tate the entire loan Of S4OO,OOOOOO
themselves aud each dispose OF so much Of its quota
AZ il pleased to citizens companies and corporations.
4 plan which We nave MOI ye. seen in print, but
wh CD, If practicable, would present advantages suPe
ror 70 any other would be 10; the Government to ship
cotton enough to raise forty fifty millions in
gold aud with thai sterling bills to buy up and can
eel such amount OF its issues 81 it is thought ces
s,rv 10 withdraw from circulation. This would not
ONLY reduce the currency the desired point but would
diminish the public debt to such degree as TO re-es-
tsbIish perfect confidence in the value Of the
currency and the solvency OF tue Government. The
increased sale OF bonds aud the regular operation OF
the tax law would then keep the Government supplied
With funds
Still another plan is presented in communication
Nth which We have been favored and will publish
morrow Il is based upon the idea that the Govern
msnt, having just right to eOerce the persons Of ct
for the general defence, has An equal right TO en-
pOy their property; and 1t proposes, IN the absence Of
specie as basis for currency 10 create such bass
from the individual property Of the people. LET the
Government" says our correspondent "by forced
loan, not Of money, except specie when pre-
fsrs 10 paylt but OF the OblgAu bonds OF all
property holders raise sufficient place the
.-.-cy an hzsl eousl IN that of aDece Thpsa hand-
to be payable 70 bearer. without interest oaa year or
ten ears after lie was o. al ALL other might
be deemed vses and to be 70 the holder certificates Of
Government stock, which will secure to him his
share of sny dividends the Government may be able,
sitter pasiug NOR, pressing debts, TO declare
~ -.tbasaei a basis. lst there b., an
i.s. CO... . ,l.1 ~hi,r Treasury notes may
he boug-t sa .- Great discount which Jeuiapduo-es