Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-11-23
Poltsscsi News ef Importnnee-J"dge
Fancy Hcssgned-secresary chase
Hesfgned.

We learn from reliable authority that theresig
nation Of Chief Justice Roger b fancy is now IN
the hands of the President We also learn that
the resignation OF Mr. Chase as Secretary of the
Treasury Is al-o in the hands of the President
Mr. Chase, IL IL understood. will take the place of
the Chief Justice shortly after the meeting Of
Congress
dangerous rival for the nomination for the Presi-
deney by the next Republican National COnven-
ton. The radicals will now have 10 take Mr.
Lincoln
The father of greenbacks." a. il conscious of
the bad character his financial children will one
dsy bear, leaves them in their infancy. and takes
a position where he can look with composure upon
the distress that his successor in the Treasury will
undergo IN irving ~ bolster up and sustain the
credit Of hi- off-priug He fees from the storm
lie sees coming, and secures for himself lie
estate. where Il safety i anywhere. IL can be
found there Cincinnati Enquirer
This uews NAV be reliable hut we doubt
whether "the father Of rreenbacks" vii be vii
ling to thus relinquish his aspirations for the
Presidency Mr. CHssr is ambitious. egotstieal
and bold lie will not surrender his hope OF be
Ing the successor Of Me- LINcoLs until be IS sat
ished of lis fruitlessness. When that conclusion
f'-~
man i'm the country more thoroughly 40, may in
duce him To accept position which at one time
In dignity and impotence was hot second 10 the
Presidency
Mr. cHasr delivered himself Of speech in
this city few weeks ago which doubtless ex-
planned his ideas upon finances. He said it only
required courage" meaning we suppose audacity
or mpulence to accomplish just what he has
done in directing the financial Affairs OF the
country. To make money. or rather currency
cheap. according to Mr.. CHssE, it only required
the courage" to issue "greenbacks." He en-
pIoved the engravers and purchased the paper,
ard that he pronounces the courage necessary
to furnish the government with the facili
ties to expend two aud half or three
millions of dollars day That is the extent of
Mr. CH,sE's financial skill tie furnshhs credit,
paper promes to pay. to meet Indebtedness.
That experiment has been often tried. England.
and France and Austria and Russia have alik e
resorted TO that expediency 10 sustain exhausting
wars and what has been the result
The answer is immense public indebted
heavily upon the laboring and producing
classes Mr. CHASE has invented nothing. ne has
made no discoveries. As all indebted nations
have done. he has mortgaged the resources and
the producing labor of the country for all time "a
come to meet the exigencies of the hour. He is
only following in the footsteps OF the tax ridden
nations of the old world As long credit lasts
Mr. CHAsrs plans OF borrowing will go on swim
ngy but there must ere long be day of reck
oning, and then will come financial reverses.
ruin. aud grinding taxation to pay the cost OF
the present iiddling. As the Enquirer suggests,
Mr.. CHASE may have the sagacity TO ioresee the
evil day not tar distant. and by getting out of the
wav attempt 10 throw the odium and ccnse
quences of his follics upon his successor
Ia Office la that event. Supreme Judseshp
will not save him from the execrations of his
countrs men We presume that every effort will
TO made bv the Administration ro defer the iinan-
eial Revision which is bound to ,ranspire until
after the elections of next year. This will be
done if possible no matter at what cost. These
efforts TO put off the evil day may be successful,
but The attempt 60 do so will only increase the
burdens and disasters which must follow The
people should not be deceived in this
regard III they exercise their common
sense aud will be governed 10y the teachings of
the past they will not be The delusons OF the
day cannot last. but the longer they procras-
tiusted the more bitter will be their results. The
present evils of the country have been brought
upon il by the ambition and avarce of men. and
when the nation is undergoing ts present
terrible ordeal the great interests OF the country
are made yield to such considerations. How
long will people be deluded whose proud boast
has been that they are capable Of sef-govein.
msnt?