Union County star and Lewisburg chronicle. [volume] (Lewisburg, Pa.) 1859-1864, 1864-08-09

. but Jus; TO say that very great mi>appre-
henson has existed, and perhaps still ex-
lists, upon this point. Legislators, like all
Others, have much to learn in 9 Lev CON-
diticn Of sfairs. An entirely new syEem
was to be devised, aud that system must
necessarily be tie growth Of time aud ex.
pevience. Ii is not strange that frst eff
forts .hould have proved imperfect and
inadequate, To lay heavy burdens on q
great aud patriotic people 10 such q mau-
ner as TO be eG1sl, and as to occasion the
least amount Of suffering or annoyance,
requires time aud caution, sod vast labor;
aud, With all these, experience is needful
TO test the value of the system, aod correct
its errors. Such has been the work which
Congress was called upon TO perform.
am happy to say that daily results are
proving the Internal Revenue Ac, to e1-
ceet IN efficiency the most saDguiue expec-
tatioDs of its authors Ia the month Of
June, 1863, il yielded abou;fouI and one.
half millions Of dollars, while the CORES
pouding month Of thi. year returned about
fifteen millions, under the same Law.
Under the Lew law, which gent into op-
Grafton on the first day Of the present
ulonth, the Treasury not Uufroquently re-
ceIves ore million in day. As time and
experience enable the offers employed iC
collecting the revenue to enforce the
stringent provisions of the new law, |
trust that a million per day will be found
the rule and not the exception. Still,
much space is undoubtedly left for i'm
provement 10 tie Law, and 10 its admins
ration, as a greater amount Of necessary
information is acquired. The proper sour
c-s Of revenue, and the most effective
modes of obtaining it, are bes, developed
in the execution Of existing lsas. And |
have caused measures to be initiated which
will, it is believed, enable Congress so to-
improve and enlarge the system as, when
taken 10 connecsioa With the revenue f:om
cus;ons, aud CHEZ sources, to afford 40
ample and secure basis for the national
credit Only on such 9 basis, and in
steady aud vigorous restraint upon curren-
cy, csu 3 remedy be found for existing
evils. Such restraint osn only be exercised
vben the government is furnished with
means 70 provide for its necessities Ru.
without the aid Of patriotic people, any
government is poHerless, 70, this o: sny
other desirable end.
The denomination of the notes proposed
to be Issued, ranging from ff,y to five
thousand dollars, place these securities
within tie reach Of ell who are disposed to
aid their country. For their redemption
the faith aud honor and property of that
country are solemnly pledged. Asuccess-
ful Issue 70 this contest, no. believed TO
be near q, hand, willlArgely enhance their
value to the holder and peace once re-
stored, all burdens can be lightly borne.
He who selfshly withholds his aid in tho
hope of turning his available means TO
greater immediate profit, is speculasing
upon bis coun,ry's misfortunes. and may
fnd that what seems to be present gain
leads only to future loss. Isppeal, there
fore, With confidence toa loyal and patriotic
people, and invoke the et,rts of al! who
love their country, and desire for it glo-
rious future, to aid their government il
sustaining its credit, aud placing tha.
credit upon stable foundation.
". p FEssENDEy,
.Ser,et1yu of the Tre1s,.yy