The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-06-23

| the defeuces Of Richmond, and thence for the
nearest available road for North Carolina. This
may all be done within few days; but it may
be the work yet Of several weeks. Let our
readers remember their anxieties for many
days ana weeks concerning vicksburg, but
that Vicksburg succumbed ct last, and they
| will feel easy in reference to Richmond, OF
which Petersburg is the back door.
| In at the spiggot--OpeninS the
| Bang.
/ We have received a pamphlet and very
| we'll written communication favoring the idea
| of the "Women's Patriotic Association for Di-
minishing the Use Of Imported Luxures."
| The communication is accompanied with
| polite request that we shall publish the same
in "the HERALD, Us it will do more good than
in any other paper" We have no doubt Of
that. But let these patriotic ladies consider
for moment the HERAr.D's position. 1t is not
vehicle for the transmission of intelligence
that may lead in any manner toward the i'm
pairment Of the government credit, much less to
give aid and encouragement to the enemy. By
publishing the communication, and giving even
an abstract Of the pamphlet accompanying it,
we should do both.
The ladies of New York, in their very praise
worthy efforts to assist the government in this
awful contest. have been strangely mislcd.
They have been the dupes of interested poll
ticians, whose ambition is to secure the favor
win partisan distinction. They should not
allow themselves to be thus hoodwinked The
ladies of our country are too sensible TO be
capable Of political indiscretion. when guided
by proper counsels. 1t Is true they do not
vote; but they command votes, and if we
are not much deceived many OF them
have been sarewd political managers.
but their gentle spirits and noble
souls are better attuned to the cultivation OF
those arts which captivate mankind than in
meddlng with the political affairs Of tho day
We do not pretend to lecture the ladies OF
New York who have selected the Herald as
ther especial champion 10 this matter of d.
minishipg the use o. imported Iuxuries. We
simply wish to remind them kindly Of few
stubborn facts. They are briefly as follows
The politicians who have offered them their
pretcntious aid have neglected to Inform the N
that the credit Of the government is based upor
its ability to pay its debts, or the interest OF its
debts, in gold. Upon this basis the credit OF
the government rests. at home aad abroad.
Without solid basis Of this sort the revenue
OF the country would be in q worse condition
than that of scx co when the Frcuch fleet
under Prince de Joinvile, bombardcd the chief
maritime Mexican city. Deprive The govern
mcut Of its revenues from impofts, which are
payable in god. and tho Treasury is thus far
deprived Of q very solid source Of credit. Ex-
cepting frora our mines, the only material
source from which the government receives
gold is from the customs. Reduce the customs,
and you reduce the receipt, of gold from that
channel. Surely the ladies who have this mat
ter in hand do not wish to embarrass tho gov
eminent in its receipts OF golds They caanct
desire to close an avenue through which this
golden tribute flows. BY stopping their pur-
cLases of foreign goods, orr American
ladies, however well meaning their in
tenticns, have innocently made an effort
to DO an injury to the credit OF the country
they would hesitate TO do.
Now, what do these estlmable ladies OF New
York know about political economy. DO they
not know more about domestic economy
Would they not better adorn Their station by
examining into the economy Of tier kitchen
than by dabbling in matter which politicians
and many OF them Of the worst sort, make an
especial hobby. Politics, al best, Is polluted
pool, and no lady can safely approach il with
out deprving herself OF many OF those charms
which all men delight to honor: and IN this
cage they should be careful to notice that &C
companying their Intentionally patriotic efforts
is an underlying scheme for some idle male
vaeabonds TO make money. In any event
they must zee that presuning they succeed, all
they save by not purchasing foreign fabrics
they keep in gold from the national treasury,
The basis or the nations wealth and credit.
la the spirit Of kindness VIC aiinonish these
the enterprise they have undertaken, and stop
before the vile current OF politics leads them
toward worse and more unwomaniy ends. 1t
is bad principle in either political or domss-
tic economy to "lei in at the spiggot and out
ct the bung.'
Com N WALL. STsEfT. Since the passage
OF The Gold bill by Congress, buying and sell
ing the precious ne j have ceased in the Stock
Exchange There are no longer any official quo
tatons OF It's price A few reckless speculatcrs,