Evansville daily journal. (Evansville, Ind.) 1863-1866, 1864-07-25

suit II such successes as would ensul q
an early termination Of the war. Tn
be regarded as the last card in the 6nau-
cial game he has been playing; ia kis
estimation it has been played and lost
The war must still 90 on for an indef-
mite and inealeulable period; heavy calls
must soon be made for additional men
new expenses must ensue, and proper
sionsl augmentation of debt already
so large as to occasion great disquietude.
Mr.. Chase recoiled before the prospect
So far as his judgement rss founded
on has IsnOIeledge insteado Of has fears
his successor must confront The saas dis
eourGgemeats.
Here is the deepest stcb that any
traitor could give at this time, to the
National life, and the blow comes from
journal that is as deeply stepped in
treason as aay journal in rebeldom.
The plot has been fully carried out, and
all whs have played their part, the Cen
servative Unicnist as we'll as the brawl
ing Copperhsads, are guilty as the worst
enenys the Government has eRconnte.-
ed during the war.
First, Mr. Chase was to be slaughtered,
and then an open attack all along tie
Coppsrhesd line, was to be made upon
the public credit. No more fatal attack
could be made upon the Government
The rebels on bcth sides OF the Atlantic
in Lendon and in New York-knew
this, and it is stated that large sums Of
money are used Especially for the pur-
pose of depreciAtirg our public funds.
A blow at the National credit, we'll
struck, would be worth more to JEFF Da-
via than a victory on the James, and il
would be we'll struck il the world, and
especially our own people, could be made
to believe that Mr. Chase resigned thro'
dependency of the public finances
/ Yes, such fact established would be
sending the knife right through the Ma
tional heart
But, as the New YORK Tribune re-
marks, ''it is fdise-atrociously, ieicked
IN false" There IS not flavor OF truth
in it Mr.. Chase has been calling ear
nestly, importunataly upon Congress for
more taxes and fewer loans. At length
somewhat grudgingly, and far too tsrli-
ly-Congress has yielded to bis entreai-
les. We raised less than two hundred
millions by taxation during the fiscal
year closing on the 30,h Of June; we
shall raise nearly or quite four hundred
millions in that way during sAe cnrreRt
year-paying about half osr sxpesses
as we 20 instead Of less than a quarter
We shall pay in taxes more than one
millioR Of dollars per day during the pres
ent fiscal year. 1t will be sasier to bor-
row an equal amount IN lS64-j than it
vas 10 borrow nearly tsice that amount
in 1884 Hence the Natioaal credit
must improve, for its base is twice as
bread as it has been Should the war
continue till next Jaly-one year more
our finances must work easier and
sounder. This IS the Judgment Of the
soundest financial men in the country
At all eVeHts, dismay at the prospect
was not an item in the causes producing
/ Mr. Chase's resignation.
We have always thought that Mr
Chass's enemies we're the worse enemies
the Government had, aRd the develop
ments now cropping out prove it. We
6nd that having driven him from the
Treasury, they now seek to prove that
the desperate condition Of our finances
is the cause Of bis resignation, thus hold.
ing out hopes to the rebels that their tri-
umph ia at hand if they only struggle on
We congratulate those Conservative
Unionists who have been hoanding Mr.
Chase upon their success in accomplish
ing the thing, Of all others, most desirs-
ble TO the rebsls--lhe forcing of Mr..
Chase to retire from the National 6uan-
cisl bureau, to the end that his resigna-
ton may bs used as evidence Of the
bankruptcy Of the Government
They have hssa but httle service to
the Union party to which they have pro-
fesssd to belong. They seem TO have
beeA more successful in their efforts 10
serve the enemies Of the Government
Il ia to bs hoped they will have their re-
ward in due time--the reward Of con-
demnRtion at the hands Of people they
have outraged and deceived.