Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-10-01
TRE CURRENCY.
JUsFlCE.
CAMP BEyNING's BAIGLDE
NRAR u. S Foam, Sept. 4. 1868

NEARU.s Foam. Sept 4. 1868.
To The Editor ofhs Wig:
The greatest question tn It agates this Ooubtry
g "The Currency lestiOn" We to have strength
and pouer on all other questions qia to the wants Of
the country but on this great question be
powerless except IN the ability expand the issues
and, in the proportion, to deprcc ate this LIFE
blood of cause.
Mr.. Hunters greAt scheme l regarded "a kind Of
opiats that gave TO the disease Funding does
not ssen the volume Of currency, but simply charges
Ia character but not to the that it ceases TO be
A medium Of daily trade Binds are just Is available
AZ bills Of the size in purchases and sale therefore,
they arc still currency, swelling the V.ume in the
same prOpOrt on If they we're Treasury notes for
$500, 81, 900 or S., 900, as the case hight be.
There have been many theories promulgated as to the
hes. means of reducing prices restoring the curren
CIV nearer TO its par Permit to say, there Is
but one remedy and that is, 70 stop the Issues. We
can't no more money in tLis country. There s plenty
10 carry on = war for generation TO come.
The next aud most driculs question is-HoW shall we
moet The current eIpeIs Of Government AID stop
this issue /. SIMPLY 10 levy a tax in kinda tar on
money aud tax income, sufficient 70 paw the annual
curront expenses Of the Government Ii wo can do
this the currency will cease 70 depreciae and prices
will cease 10 invrease-nOthiDg else can prevent
erase of the present evils 10 the language Of Gen
Toombs, 1--WE must pay the cost Of remedyng this evil
cost what 1t may"
In our circulation q Treasury potes is Eve hundred
millions at present, and the expenses Of the Govern.
ment Or the next year are hvs hundred millions We
must collect in taEUs i've hundred millions either in
.oney or In 1.-The in k,ndl" -otberwse the curic.
cy viii continue TO decline AID prices 10 20 up
II il wii be REGARDED great tar. So IL is Its
"a al 70 the supposed outstanding debt Of the Confed
rae atesthaL every person in the Conf deraIe mus
STATES pay all the money hO she may rave day. OF
Ia that p ooOrtiOn in year, 70 carry successfully
our war Of Independence Tse0 VIC stoo the deprecis
uon With certainty. We eau do this rather than TIiL-
and wo had far better do this than TO lei credit die
under the present ooud ion Of our country l. for oIe
SAY oppg tie remedy and APPLY 1T AT ONCE; and II il
taxes yery Treasury note in the Confederate eel
Looted in one year. and again psid 10 carry the
war and sustain our credit say do il it il go.d and
aafs Investment AID should be done by peOpe situated
AZ We are and that without q murmur.
Mr.. Editor have, in very plain simple style, given
YOU wi at conider 70 be the Only reHsdy against
further depreciation ia the value Of currency and
the evils incident thereto. We had better burn every
dollar that our Government has issued than let our
cuso be put n SERIOUS jeopardy by its depreciation. II
all the money Oi every kind In the Confederate States
wa d s,ro,ed would We not still be doing well as
oeoole especially il we had peace and independence
and our fc tile lands continue to yield their abundant
cIOpss =