New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-07-14
Prom WIles' Spirit Of The Times, July IT,
THE GOLD CONSPIRACY.
Its rrue Reuedy.

mium Of too khHdrfd ana eiShyJotr'
Forbearance is the germ Of reribution; and II is,
perhaps 70 bexegretted that those who corrupy trade
against its t&ber have not the means TO gauge the
rsing heat and know Just when endurance will
10 be virtue. Gold, with its starvation track may
be at premium Of four hundred and eightyfOur
its huctuation is with ahandfu OF public enemies in
Wall street-members some Of them Of the Coppcrhead
conventions; and agents others Of hem Of European
banking Jews-who are the patrons Of the insnrgent
canse, and OF the Confederate loan. These worthy
operators who had long begrudged the Federal finances
their superior credit have united 10 corner" the
whole market stock Of the precious metal, that they
may dole il out al 10 gorge their greed ana
depress the public credit i
The recent rise in gold therefore is not the result Of
the natural laws Of trade" we hear so much about
nor does it represent the public estimation OF the cur
rerey II is simply the result Of conspiracy by which
Of heartess Jews IN the Rebe interest have hired
Tie sixty or seventy millions OF marketable coin, that
fhey NAV excite tie people by starvation prices, and
Etab the ered Of the Government. To cover their de-
Iigns they have DETAINED the Treasury and charged
upon its Minister what the result Of their Grim
inal device Congress- alarmed by the unlookedfor
rise In gold, ignorany attributed the initiation TO the
fierce upward betting Of the Stock Exchange. They
did not reflect that this stimulation was exactly bal
anced by the equal effort of those who accepted e con-
of the proposition, and who abored with IKE in
terest 10 beat gold down. nor see that these
had nothing 10 do with the impnlsion OF the wheel
Their legislation therefore, lugubrious failures
and the forestaers at the hub enabled through
their orators and journals, 70 make another outcTy
against the ncapacity OF Government and TO accuse the
Act against gambling in timesaes as an difference
with the natural laws Of trade Doubtless the sudden
Etoppage OF quotations favored the schemes OF those
who had hved the treasures but gold would have risen
all the without the Treasury Bill and II was
sheer piece Of luck the consprators that they had
acquired its control and were prepared 70 put IL up,
Just the bill against time sales happened 20 be passed
lie who has engaged 20 deliver an criticize on gwen
day must If he have none buy Of those who have it
and those who have il hold Gil the buyer instead OF
Apurchaser. becomes victim.
III; ~ Vrifh rnld nd
fully withdrawn from the natural laws OF trade ana
unless some remedy be devised to check the designs OF
put I'D 10 400 and while the Government sunk In
debt through purchases, the poor man pound
Of meat viii him 50 cents, his teneent loaf VII
shrink TO one third its former size and tea and coffee
viii be known TO him only through tradition.
These being the facts the question presents itself
hong the public will endure this Juggling with Its MISE
Ties and how long the Government viii suffer such Il
conspiracy against its interest IL MANIFEST that the
cancer be resisted by ordinary legislation fl
atiyes and surface remedies have been tried without
effect SO We must resort 10 the scapel and e1trpaie
the cause We do not by this that We should hang
the foresallers (Which the exasperaed people Yl De
apt To do themselves should gold ne put much hgher)
but annhate gold ITSELF so far as II is medium OF
traffic and to allow the currency to heaiy assume IT'S
place The OnJ.Teal use We have Tor gold at present.
ie for mportatOns and for duties let us then reform
our foreign policy and pass Non lniefcourse ACT
against all foreign powers VINO are not reany 10 OW us
- revive our commerce by the withdrawal from the
Rebels Of beigerent rights. II those powers refuse
and we are 10 continue 10 relinqu sh our commerce
through
the outrage and ourselves the vital drain which
the onesided ag gnesm is virtually inicting. AS the
stands now we present the strange spectacle OF
strong opening his veins 10 how long he can
live without blood. Nearly all Of our gold goes abroad
for useless luxury and The remainder IS required at
home 10 meet the duties articles which had better
either produce for ourselves or do without II 10
through demand thus created that gold forced up
and pces rebled on every necessary OF life 1t Is sup
When this latter evil shall have exceeded the limits
Of forbearance, the time viii have come for the remedy
20 be applied. IT, therefore we are not 10 be allowed
70 resume commerce, which of itself would invg;
crate our finances and restore our credit we shonld
close ports double our taxes and make our currency
The sole medium OF purchase. Prices would then be-
cone uniform and gold being OF no active use would
remain quietly in bank, without market price Inc
gold reouirea 10 meet the interest the public debt
might then be silly obtained. The supply from Cali
fornia in case Of act Of non-exporation, would be
largely in excess IL could be procured by loan from
Russia or other friendly Powers This is the only
sensible way 70 deal with gold. Give 1t a preference,
a. any shape, the Government currency and you
at once eXaggeIate It's vanei and an the laws ana al
the Chases and FeBsendens in tie Universe cannot
prevent that inequality from disturbing prices. 80
long has special use among as twill be preferred
10 the currency because Of that It's rate will con-
sequently be advanced and a sirle' advance viii be
levied upon all actual values and ~ the necessafles o.
The People. The true remedy therefore, 10, the re-
sumption Of commerce on the ocean and the subse
quent payment Of duties WIN the currency alohe or
falling that immediate non-intercOurse act, II the
homeless Rebel corsars should be sustained against US
OF the two alternatives we are free TO say we much
prefer the latter Ii is the most thorough and most
manly; and il s rsO the most rapid way TO recover our
prosperity and selt-Tespect.
1t win be objected that france and England might
tn retaliation for HOnintereOurSe recognize the Con-
federacy and raise the blockade. II 10 not unlikely that
they would; bat does any believe, the face OF the
experiences Of this that the Rebels would be ben
cited BY such cOursei Their ports have already been
sufficiently open enable them to obtain all the mate
Tiel Of war they want and they have put cruisers
ON the sea than have had commerce % feed their
rspseity. The ely effects. therefore, Which would
follow the raising Of the blockade would be 10 debauch
the Rebels with eneryang luxury cad deprive them
OF that vigorous simplicity which has made every man
o soldier ne have had our ports OPEN aud loi the
vital drain the false prosperity and sofoncd virtue OF
The North Does any one dispute would not have
hewn our way further toward the heart Of the Rebellion
AZ our ports had been closed and We sterny de-
pending on OuIselvesl
As to any war which might result from declaration
Of NOn-IntefcCurse sOrd 10 treat the prospect
with contempt. There always two sides 20 war,
md the first question OF each party is-What do we
Fiski Our answer Is that whenever make up our
minds TO relnqush commerce France and England are
practically at our mercy Well our commerce is al
ready gone; and cannot be restored, until France AID
England and the other European Powers, which unad
visedy followed in their wake refuse give further
seuge 10 the p0ress pirates who have either burned
affrighted il from the II lees than half dozen
Confederate eorsairs have done this enormous
trade let ourselves, what wOnd be tho fate Of
Trench and English commerce before the ccaselcss
raYages our nBumerable priVGteersf 1t Is wei 70
remember also that while commerce is vital interest
with Western Europe II Ia 70 matter OF secondary
moment With ENGLAND especially, il Is the very breath
of ife ard no British Administration could remain 10
power three months, which caused its loss through
war with a treat maritime power like the United
States The British Ministry have always evinced
consciousness Of this and AT the very time they
granting beigerent shelter 10 their slave allies and
threatening for the seizure OF tue Trent they we're
shaking With secret dread that the United States
Would make war on them. Had our Government. on
these occasions threatened nOnntercourse alter