Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1863-11-03

] LUG people oI tue OOnIeQefAcy nave ueNe
been bOnd-holding population; they d,
not understand It's advantages they haVt
never invested their property In bonds
these facts are patent to any man who hal
inquired and Rseertatned how much of auy
pu6liGalOan has ever been taken by thI
Ipeopls Of the Confederate States Blu
these people understand taxation or q fore
ed gift, and, from analogy, can easily learr
all about forced loan.
Two sxpedients remained to the Gov.
ernment-hs forced loan aud the public
sale Of Confederate bonds for WaaI they
will bring, both TO be accompanied With q
cessation of the issue Of Confederate treas.
ury notes. We prefer the former as the
most certain aud expeditions mode Of re-
ducihg the currency. By its adoption We
believe the impressmsnt. Law can be dis
pensed with, and this law has become au
evil of very great maguttude."2 -
(WHICH Is TIE SAFE 0URREEGY. f.,
The Richmond Enquirer has some com.
ments on Secretary Chase's speech at Gin.
ciunati, In the course Of which, It says: ~
Gas between the two kinds of paper
money, then, IRraenbacks' aud Confederate
bills, the whole credit of the one kind Of
paper depends upon the conquest of an-
other nation, and the credit Of the other
kind is based upon our own property and
industry. It is the estate and wealth of
the South, therefore, that constitute the
fund out Of which both nations count upon
making good their liabilities and saving
their credit. From southern means one
or the other Of the two currencies is to be
redeemed. Which shall it beP
No human being in the COnfederaey, en-
dowed with ordinary discourse of reason.
believes in his heart that the Yankees will
subjugate us, and pay their war debt out
Of our coniscated lands. Not one. Well,
then, Mr.. Chase's green money is wildcat
pure and simple, while our Treasury bills,
issued on the basis of that which Is our
own, and upon our resolution to defend
the same, stand firm aud staUnch.
Another element also will, as We believe,
enter into account upon the general settle
ment live defeat their invasion by force
Of arms. that is by the destruction OF their
armies and military power, then there will
be nothing 70 hinder us from imposing q
contribution upon them, and collecting it,
too, for the expenses of the war. One
maxim of the sententious Lincoln is WOr-
thy Of all aceeptatioui it is, that the loser
of the cause pays the cost So be it.
Our Confederate money is good money.
The President, who generally says the right
word at the right time, is reported to have
told the people in North CarOlina, during
his present tour,
"To take care oftheir Confederate money,
that it would be of full value after while.
Many persons are throwing away money
under the prevailing mania for all kinds Of
extravaganza, which they could most ad
Vantageously use, perhaps, may sOrely need
after WHILE"
A METHOD TO IMPROVE THE CURRENCY.
In the Virginia Senate on October 26,
the fOlIOwiuS rSsUIuTtUu5 PIUPUoUu ny HF.
Lewis, was referred 70 the Committee on
Finance: -t
ResoEVed,-That the select committee on
the subject Of the currency inquire into
the expediency of authorizing a loan, by
The Commonwealth of Virginia, TO the Con-
Government, of $4,000, 900, to
bear an interest of 6 per cent. per annum,
payable semi-annually; and that they in |
quire also as to the more expedient mode |
Of raising that sum-the said loan to be |
made only upOn the condition that pro- |
portionate sums are subscribed by the |
other States of the GOnfedeTacy, aud by |
aud private individuals,
amounting in the whole to S4OO, 600, 900;
and upon the further condition that the |
Government issue her bonds |
for said loans, and that neither the princi-
pal or interest of said bonds shall be liable |
TO taxation by the Confederate or State
Government.
THE iMPREssMENT OF PRODUCE.
In the Virginia Senate, on Oct. "a, res
Olutions regarding the impressment of pro-
duCe being under confederation, Me-, Guy
said:
sin the beginning of this war the Con-
fedeFate Government asked for the patriotic
cooperation of the people of the country,
and it did not ask in vain. Now the Gov.
ernment asks for nothing, but takes all il
wants, we hear Of no appeals now being
made to the patriotism and Iiberality Of the
people. The plan pursued by the COnfed-
crate Government is giving great dissatis-
faction in the cOuntry-many persons are
supplies, and many are indif-
ferent as to whether they will put in any
wheat during the present season. Indeed,
he had learned that one of the most exten
siVe farmers, on one of the finest farms on
James River, had not seeded an ounce o!
wheat, and none was intended to be seeded.
Aud this is caused by dissatisfaction
arising from the unequal operations of the
Impressmept law. BY this law one man
has the whole OF his wheat taken Rt So
per bushel. while his neighbOT, being more
fortunate, obtains $40 per bushel. Some
farmers, residing on the line Of the rail-
roads, had lost the whole of their crops.
Some produce had been taken while N
trGnsltu to the cities. Some had been seiz-
ed in the hands of the commission meF-
chants, while some farmers who resided
beyond easy reach Of the railroad, had e.
capped altogether. He desired and hoped
that the ImPressment Law might be made
70 operate more equally, and that only ODE
fourth Of each mans produce might be
taken"
Tho United States
N. s..l r.sS, Of z sis ssIIa.s %