The Vermont transcript. [volume] (St. Albans, Vt.) 1864-1870, 1864-08-12
Hold on and Hold Fast.

An influential metropolitan press
asks the North if it is ready to emulate
the rebel style of carrying ON the war,
without finances, with absolute despot-
ism III the leaders and abject s1tbmis-
sion of the people; and intimates that
by any other method there is no pros
pect OF success. If this is so there will
be no success. But it is not so; it is
the folly of unreasoning panic follow
ing unreasonable confidence Let us
be calm, and hold on. The situation
is not desperate, and requires no des-
perate expedients.
The present rebel invasion, and the
consequent panic, come from shameful
neglect and laundering somewhere.
But it is not likely to turn out any
thing worse than plundering raid.
The capital is not in serious danger.
1t is vexation to feel that we are still
laundering into all sorts of needless
perils and losses, with such abundant
means as the government has at com
mand, and such heavy sacrifices as the
people are continually making. But
we cannot stop where we are. We
must hold on and put the thing
through, or do worse. If anybody
thinks change of men at the head of
affairs will improve matters, let him
go for the change at the proper time.
For the present we can only go on as
we are, and fight it out ON this line. "
A bungling dentist is better than no
dentist at all, when one has torment
ing tooth The rebel raiders must be
expelled without breaking up the siege
of Richmond We must stick to this
at any cost, or lose this campaign alto
gether
SO in business matters, the gold
gamblers must not be allowed to create
a panic and bring prices up to the
starvation point. If the government
is not broken down and ruined by the
rebellion it will pay its debts, and eve
ry dollar in greenbacks win eventually
be worth a dollar in gold. Even now
it is worth more than the gold rates
indicate Hold OH, then, against mer-
camille panics and extravagant prices.
The proper increase upon most articles
ought not to be over so per cent, ex-
cept where high taxes are levied. The
manufacturers and merchants are
pocketing half the present prices of
cotton goods as extra profits. The in
creased cost Of raw material and labor
accounts for only a small portion of
the increase in price. Hold on here;
buy no cotton goods, or as few as may
be, till the speculative excitement is
over, and they will certainly fall again,
The same process should be applied to
all other articles the prices of which
are artificially inflated. The CONSUME
ers can in great measure protect
themselves by limiting their purchases
TO the most urgent needs till the equl-
librium is restored 1t is true that we
shall have war prices in war, but let
us pay them for the benefit of the gov
eminent and not of gamblers and ex-
tortioners. If we hold on, economic,
and yield nothing to the spectators,
except upon compulsion, we can bring
prices to a fair standard, however Wild
ly the gold figures may run among the
hundreds.
In such feyerish times the great
thing is to keep cool--to form delib-
crate purpose and stick to it; to know
what we are about and hold on and
hold fast till we see the end The real
peril of the present moment is that the
cowardly and treacherous will be able
to discourage and demoralize the peo-
pie, and that the final victory will be
relinquished just as it is within our
grasp. No--let us steadfastly fight
and work, and hold on, ''till we see the
salvation of God. "-Sprinqdeld Rp,ab-
iican. r
-Ula ---s-->-sT-- 9i
Sosr The abuse of tobacco is stated