New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-08-09

adopted the method Of obtaining on the credit II his
LoVafrment the dhodnts which Il was vain to expect
Nom any other ssssce Sach IL The f,ancia cr,ne or
which 20 Is held up 10 odum " rldicuis in England ~
The vefy7ho,nem that Loan bill u passing tarHgh
farsmeaf TO provide million sterling for carrying on
rs trdmpery psr against ksndful or Aaories In New
Zealand II hue that M Glare was compelled TO
borrow money and Issue geen6ackA 1a he 81 hast
confined bis 9rsiat'on. r. his own country He did rot
come To England ir gold to- pay Lis soldiers o. " sat,
sfy the iapaety Vt t.se who IN all countries ami ~ al
sses have follow ed in tho wake cf sraiss. " j i.
Nhcncvrr n dasinIdy deed OF opptes .iop has boon
nted In Ea ope the uoD-y tu been Selected
nd Usual, olaased 10 England but IL spy OF our peu
pie have IN, estsd In the loaLs % the rrlhd Sl,Ss
In 4, leca,ss ihey have sought tins i,ssstl,.nL
happen as however. that another hhhncier Las Just
signe VINO los conducted his operations witt loss
ter i.ous !ecs.y and who boldly sought the capital
Mr. Me,nInngsr the Fnsical Secretary OF the South.
Why 1t thai his resignation isnob made the text Tor
h,ics ana the gccsson for u.iering doleih
OF ruin lie Las borrowed with ylgvr not snrpdssed
by MI Chase aud his system hes already utterly and
ianenfably tailed His greenbacks were long ago re'
pudat,d by forced conversion into bonds a. dcprcct
ste ysne The bonds In their turn 10 bs subjected "
title sane nnfrincped manipulation whenever ne exi
sscies Of NJ Jefferson Darts shan render that course
aeslrsble. 49,
not hing compared the fibaIous vale OF the precious
metal In tue Sopth. the same auIount OF gold speeuia
ton Which exists IN New.fOfk being impossiD'o "
Richmond simply because befgaiBs cannat lie made
Mr.. Nenninger borrowed reckiessiy and ur5cinpu.
,Vsy. hut wsh this important ditero 90 ss c9nhIt1
with hr. Chuse, that le neser had the shsaow VI!
lssa, security TO give to bis dnpes Tie pie q the
CDBeosracy even under tue very noses VI t,e sodlers
eagerly give handful OF AeDmiugtfs worthless prom
sss 10 pay for OF Chases gro nacks, esteens ng
the later for the moneDt more previous than god
rehe ere uestiUps however, win which VT teve iss
concel thsn with Mr. Akmuingeis operatives 10 the
English market. lie cottnctel Ia tbs couifrY lon
up0n q seenIiiy not usu'lly offered by aGoy.rnDeht
III gulr4Lty II certain amount OF COTTON which WA
alleged 10 lie stored chiefly IN the Western STATES
cation has been either burned or has passed into tie
posscs don Of the IeGerals. At the pen OF hs feng
nation We DO not believe the Southern Secretary cvul
upo1 bale OF tho qIantity requisite 10
constitute guaranty for the loan. . It. r.4I -
II Is nesrss-fy TO charge tue Southern operators
with tue Intention Of regulating frat the interest
md tson. alter deceit interval, ne prle p"L I'd
writer's in this country have, without the smalrst par
tole " Justification charged sfairst MI Cnaes VIE
borrowed solely from bis own peope. But u u cheat
too oBy chance the SouheIA tlpahcirrs hare 81 re
deeuing taoi. honda both TO tie people OF lie Sout1
Bnd foreign Investors b bySuecess IN NE wsI-t Sne
ccss Of which they cinno, themselves DC wen asttiee
whiie Shermsns army 10 in the center ef the cotton
) ate OF Georgia, end Genrt has evidently tiknin
rrn hold OF Nhgfiit Looking 20 the TRANSACTIONS o.
the li Gncers Of both sections VI the union. arc ue
relative Ipt rest Of England In both, IL ssems to n
that all DO not dlhIe u Subordinate the ite est,
OF 3D. and 10 those Of she Southern ConledesatJ you'd
have been anxious point out suca an occasion St
ibefe,irsrncni vi Sir. Aemminger the hopeless IN ior
OF Southern rnuce end the danger % those who buve
Invested or uey be tempted " iay1s ~ cotton honda
This would b. moro patriotic well ns more trutLrl
than to make Mr. rbases resignation the prefer. fr
tvfraG.htiiI IL lr-Rungo % l.ci.ryns o1efsr II 2,
tie ccue.lloA Of t.5h ylAeh i ai w! ~ $3.50 ~
portion u tile food Of our peotse however goSd Tie
ha, vest may be which is now rapidly TiPering
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