Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1864-10-26
Letter from the Secretary of the
ssr Treasury.

., Treasury. =.
A meeting of the Commissioners Of the
statesof South Oarolins, Georgia, Alabama,
Florida, mississippi and Tennessee, was
convened BY order Of the Secretary Of War,
at Montgomery, Ala, on the 10th ult; to
ixprices under the imprsssmhnt laws, and
formutual conference with a view to uni
fornity of prices between the several States
prices just to the Government and the
the people. '. s...1s,. s., q - . = Z
The following letter from the Secretary
of the Treasury was addressed to the Com.
missionsrs Itgiyes q very concise view Of
the financial condition Of the Confederate
Government, and we think our readers viii
do we'll % read It carefully and adopt its
suggestions: !. s.s.s.&
TREASURY DEPT G, s. AMERICA, :
as<F Riehmond, Sept. 8, 1854. @s--' =. -
Toase oonussssoaers Of fssees for tie seq
erdl State, 4ssens6lsd "a eonpsnsson al
: Montgomery, Ala.:s, - I, s.. s. s. -. g
The Secretary of War having requested
a general GongentioG of the Commissioners
of the several States, to consider the prac.
tieability and sxpsdienoyo yof uniform sehed-
uie Of prices, 7 avail myself Of the occasion
to offer you, with great respect and defer
ence, some remarks upon the important
subject that is TO engage your attention.
The condition Of the currency, and the
embarrsssnsnts resulting from its derange-
ment, are we'll known to all: When gold
sells at twenty for. one sas compared with
Treasury notes, everybody understands that
the currency is depreciated; and when it is
said that the government supplies are pur.
chased with this deprecated currepcy, we
all understand as we'll that The expenditures
must necessarily be heavy. But these evils
should not be ealloWed to go further. The
ability Of the government to conduct sthe
warito . successful issue, and the happiness
and welfare of ourpsople after the wsrishall
have terminated, are too deeply involved.
And in the functions conferred upon you
by Congress, seems to reside under the ex.
lsang laws, the Only power capable q ~
serpes'ng a 'heck't fhs progress OF 0epre-
e'ation. go L
Aoos.ng, snsa 20 sne a.gsnlsy o,syous - VI
nee, anu s sns ,honsa.ous lssuiss ls, aepsns
upon 5euf ao'ion' 1usss ''ous 10y ua'y
60 eom@anlcase 70 YOU esery inief luas.os ss.s
possessed Dy tnls. .aepaFsmsns tuas may sla
your Judgmens IN the disenasge OF your
important duties :, ). - p -, "a ., = 90.
One active eanse of the depreciation is
distrass OF che Goseramens seeafatlas and
I wilfendeaSor to show that this distrust Is
without reasonable foundation.
,iThe entire public debt, funded and un-
funded, was on the first OF July Last, about
1,250,000,0Oo. The, expenses from hrst
July to Slst Deeeaber,5 - os;- - -, -, :,
are estimated at about sszo'ooo'ooo
.s. - Ei.' ''.a'7 ~. 81. :
Making an aggregate OF sl,o3o'ooo'ooo
In this amount !s included szao'ooV,ooo
OF per cent. bonds TO bs issued In place
of like amount OF our currency, funded
under act Of February u, 1854 but q con-
siderable portion OF this sum will be turned
INTO the Treasury, under the Tax act-or
40 other words, the whole sum proposed oy
the taxation Of the present year will be ap-
YEoable To the reduction of this aggregate