The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1864-05-11

its provisions. The estimate of the amount
/, funded under the law, is shown to be $500,
900. .0O0, i and iftwo-thirds of this sum be
re-issaed, we shall have an addition OF
5000. .000. 600 10 our circulation, believed
10 be already ample for the business Of the
country. The addition of this large sum
10 the yolume OF the currency would be at
tended bv disastrous effects and would
Il produce the speedy recurrence of the evils
IRON which the funding law has rescued
.,thr country. IL our arms are crowned
! With the success which we have so mac!,
freasog 20 hope, we NAV vel! expect that
this war cannot be prolonged beyond the
lfurrent year. and nothing would so much
ffetard the bene6cent influence Of peace
ON all the interests of aur country. as the
fexistence sf grrat--nass Of currency not
lredeemabie in coin. With eur vast re-
sources, the circulation, ii restricted to its
present volume. would be easily managea-
Elde, and by gradual absorption in payment
a public dues. would give place to the
Epreelous metals, the only basis of a cur
Irency edapied to commerce with foreign
Countries. In our present circumstances
know Of no mode OF providing for the
public wants which would entail sacrifices
50 great as fresh issue of Treasury notes,
! and trnst that you will coLcur in the
!, propriety rf absolutely forbiddng any in
crease ~ those now ia circulation.
] Officers have been appointed and dis
tpatched to The Trans Mississippi States,
and the necessary measures taken for the
execution of the laws enacted to obviate
!, IdsIays in administering the Treasury and
{ other Executive Departments in those
! States; but sufficient time has not elapsed
Ito ascertain the results.
; y In relation TO the most important of all
J subjects at the present time, the efficiency
af eGr armies in tne field, il is gratifying
: 10 assure YOU that the discipline and in
sstruction of the troops have kept pac,
: equipment. We have. reason TO congratu
: lale ourselves on the result Of The legisla
iion,n this subject and OH the increase,
: administrative energy in the different bu
2 rraux ol the War Department, and ma,
not unreasonahly indulge anticipations o
: commensurate success in the ensuing cam
paign.
I The organization Of reserves is in pro
gress. and il is hoped they will be vslua
bic in affording local protection withou
II requiring details aud detachnents from &C
: tive furce.
Among the recommendations con.aine,
= IL the report Of The Secretary of War
i YOUR attention is specially invited to thos
: in which Legislation is suggested on III
$ following subjects, viz:
: The tenure of ofirc VI The general ofh
Y GERS in the provisional army and prope
!. discrimination in compensation OF the dlf
!. Ierent grades
e The provision required in aid of inyali
! officers who have resigned IN consequence
Il OF wounds or sickness contracted while i
y service:
The amendment of the law which dc
!. prises officers in ihe field Of the priyileg
u Of purchasing ratlons. and thus adds /
their embarrassment, instead oil conierrlni
u the benefit intended:
!. The organization Of the general staff q
tue army. II rrlatinn to which spec's
!. message will shortly he addressed to yor
ii containing the reasons which compelle
. ine 10 withdraw NV approval II bill pas
i. e. by your predecessors At too ltte perlo
i &c the session 10 aInw time FOR rrtuTnin
{. il for their reconsideration
III The necessity for an increase IN the al
A lowance naw made for the transportalio
il Of officers travelling under orders:
al The mode uf prbviding officers for tn
Z, execution Of The conscript law:
J. The means of securing greater despatc
10 and more regular administration Of justit
j: in examining and dispos,ng OF the record
i. Of cases reported from the courts marti'
D. aud military courts IN the army.
,e The recent events Of the war are highl
III rrpIifahlr IN oiir iront . cxhihitinr eueto