New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-06-23
nj ,uch rates as may seem satisfactory to the holders

W-YORK DAILY TRIBUNE
at such rates ns may seem satisfactory to the holders
"wiu THE TRIBUNE which strained at Democratic
gnats and swallows Republican cames be so good as to'
exp plain TO US this constitutional question:
Answer.-Congress-a you know right we'll
has never attempted nor wished to do what you
here assume that it has done. You are dellber-
ately deceiving and misleading the public in the
interest of Treason. Any man who has green
backs can buy Gold with them in perfect obe-
dence to the law of Congress, or he can sell
Gold Gf he has any, for Greenbacks what the
law forbids is selling Gold you hare NOT or buy
ing and not paying for it. Betting on the price
of Gold at future day, and other forms oil
Gold Gambling, are likewise forbidden; but
actually to buy or sell Gold, paying or taking
pay for it in the legal currency of the country,
is nowise forbidden or discouraged. You are
swindling your readers, Sir and trying to coin
their credulity into disloyalty and National
ruin Beware
In the same spirit, tho snake-in-the' grass
which is still conveniently quoted by Its more
open confederates as Republican and even
Administration, says:
Ever since tho currency commenced to deproeintc
the animadyersiOn of the Government was directed
against Wall-street and Wall street specuht0rs lYs
hatred famed into active life by that portion OF inc
press which claims 10 enjoy monopoly OF ioyM'y h,
| Government looked nth dIsndy az ne Mermomc'r % H'
fpaneia position and IN 1T Of rage determined 10 destroy
Ia
Here is the same underlying assumption that
the Government or the Gold bill has forbidden
the exchange of Gold for Legal Currency when
nothing like this is true. You are at perfect
liberty to buy as much of it as you can pay for
and sell every dollar of it you have; it is only
selling what you have not and buying what you
will not receive that is forbidden. Such inn
pudent frauds as those of the Gold-gamblers
and their organs cannot possibly have any per-
manent effect. We heartily wish the act of
Congress had forbidden all time sales what
cyer-that is, all bets on the future price Of any
specified commodity-but, restricted as it is, we
are confident that il will soon be found TO work
benefcially. For the moment the Gold-gam-
blers backed by the gigantic combination Of
gamblers for rise in Pork and other staples,
have the market in their hands, but this cannot
last. II sNot possible that their panic-makng
falsehoods can long prove efficient. Why
should they, when the National Debt to-day is
less than Eighteen Hundred Millions, which is
not 1.-THE Of the valuation of the loyal States
alonel
Our Intersal Revenue system, still in its in
fancy, is steadily increasing in productiyeness.
At first, it yielded less than -Four Millions per
month: it has steadily increased, until the yield
Of this month will exceed Trelre Millions, while
that of the first half Of the current year will "
about Sixty Millions. In few days our new
taxes and enhanced rates under the act now
pending before Congress will take effect, and
will raise the National income from Internal
taxes alone to at least Two Hundred and Fly
Millions; TO which, if we add the receipts from
Duties on Imports, our total National revenue
for the fiscal year Just before us will reach at
least Three Hundred Millions, and perhaps One
Million per day. But for the pestilent influence
of disloyalty, our Public Debt would to-day be
worth Eighty to Ninety per cent in Gold, in
stead OF Fifty TO Sixty. II II the money power
Of the sympathzers with The SHAREHOLDERS Re-
bcllion that bears 1t down.
Three or four months before the close or our
Last War with Great Britain, the Government
borrowed the deprecated notes Of non-specie-
paying banks at twelve per cent interest roceiy
ing about S57 in those deprecated notes for
every 800 Of its bonds. And then, those who
lent their money were hooied by their Federal
neighbors as bcsotted fools, who were squander-
ing their substance to uphold a ruinous contest.
We shall yet shame the panic-makers Of the
passing hour.
The Commercial says we animadyert on Wall
street and Wall-street spectators. We do ami
madyert on those Wal-street spectators who
assiduously labor to disparagc the credit and
paralyze the arms Of their country-and so We
should. Every one in Wall street yesterday
could see that the premium on Gold was forced
up by men who VIGOROUSLY desire the triumph
of the Rebellion-that they strained every nerve
for the purpose. They meant to make money,
doubtless; but they were even more anxious
to help their master at Richmond. They will be
remembered