Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1864-10-06

to come from The mystery is the worthless notes
are as rare as precious gems Difficult to secure 10
emcaclous as the hydrogenerated compound with the
color of whisky. Mr.. Tre ho!m has the waggery to
announce that the prospects OF bis department were
never better This may be 30 they were Deyer good
But-as the fellow said when be jumped out of The two
story window his apartment to avoid his landlord
" We can't waltz There is peremptory ADD unset
tied bill IN the public stomach and the amount must be
cashed.
Everything is reduced to the gold Standard and
this is twenty to The sham has lived long enough.
No Government-no people can encounter such sys-
tenn OF values as this. The Government, indeed avoids
the difficulty. 1t has its schedules. But the poor
widow womap the infrm old man living on his little
income, has schedule. What purpose, then, ask,
does the currency serve! The Government evades it ;
the non producer is crushed by it. We cling to a
rency from habit The fact is, 10 our circumstances
We want no currency. 1t is monstrous nightmare
that note bureau and the the spectre s dismiss
ed, the better But, it ia asked bow shall the Gov
ernment supply its wants without money! How shall
the people buy without medium of exchange To
the latter question reply that the currency does
effect purchases merely ministers to oppression 1t
is no medium Of exchange where thousand dollars of
coupons Of interest secure only fifty dollars worth of
any commodity. Nine hundred and fifty dollars are
destroyed 10 the operation. To the first question, we
answer, that the Government is entitled to supplies
for the army, and it must have them. Let it, as ia
doing give its certificates OF Indebtedness bear
ing interest.
the government compensatiog the holders with cotton
or bonds-that is the remedy f,r the Conf 'derate
finances. Any other remedy will merely tax Mr..
Trenholm with imaginary devices that will end like
Mr.. Memmnger's. Mr.. Trenholm has no lamp like
Aladdin and be mcy rub his present till doom sday
without getting dollar. What would the people do
on the disappearance Of the currency? They would
do as other nations have done sready-tbey would
simply exchange commodity for another. The
farmer would give meal for sugar. mao would give
two COWS for o horse. Some article would become the
most common article OF exchange, as, for example,
tobacco Persons would procure supply of such an
article and give an equivalent for an equivalent 10
conveneut this would be anly bat something is
better than nothing. As matters now stand the pre-
sence OF the notes shut out all this you cannot even
use gold. We have tired to buy bacon with gold. We
could not do it, The lofty figures tempt the cupidity
OF Sellers and tee prices are unhealthy.
When fact deVeopes ITSELF it is the part OF common
sense to treat it fact Statesmen should act upor
existing facts and not cling objects which the cur
rent has passed. There is time to be cautious and
time to be bold and he is the good surgeon who
knows when to cut. The life ia batter than an eye or
a leg. What is MIR. Trenholm standing there for
steadying himself in the eddies of Confederate notes
Let him shove out in tie current and the boat vii
! swim.