Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1864-03-17
Condition Of the Country after the

of the Atlantic, who at first stroye TO
Brighten the patriotic people of the North
into dishonorable submission to the
rebel secessionists, by demonstrating the
utterly ruinous effects of war ON trade
and the impossibillty of obtaining the
necessary funds for its prosecution, have
changed their tactics since the results
have so brilliantly belied their predic-
tions and now busy themselves in en-
deayors TO create confusion and diStrust
by attempting to show that inconceiVa-
BILE disasters must overtake us in com
mercial affairs as soon as the war shall
be at an end, We regret TO find that
among those prognosticatorS OF ruin are
some of eur heartiest friends in England,
the most prominent of whom is MI
Golden. In all their public addesses
and writings, while they admit the great
ness of our resources, and the successful
operation of our financial plans OF the
government, they predict tremendous
revulsions rs the rebellion shall be fair
ly squelched and we return TO our peace
full pursuits once more.
"This would be like saying to a man
struggling in the waves to keep hlmSeh
afloat, You may save yourself from
drowning, my friend; but what is the
use You will die of exhaustion as soon
as you get on dry land Butour friends
and our enemies will be as much disap-
pointed at the results of the first few
years of peace succeeding the rebellion,
so far as commerce is concerned, as they
have been in the financial influence OF
the war. For our own part, we never
for a moment doubted the ability of the
government, nor the willingness OF the
people, to supply all the means that
might be required for the war and we
do not now, for moment doubt, that
the four wears succeeding the end of the
rebellion will be the most prosperous
the country has ever known. The debt
which the war will leave upon our hands,
though its enormity, if it had been fore
seen, might have staggered us three
years ago, will then have reached its
maximum, and every day will increase
our ability to pay it, while every year
will diminish its magnitude, We have
got used to it now, and if we can bear
up under its weight while our commerce
is crippled, and the great export staples
of the nations are in great measure
cut off, what is to prevent our getting
along very comfortably under the debt
with an increased population the cot
ton and sugar fields of the South again
yielding their rich harvests, and all re-
StrictionS removed from our commerce -?
If specie payments were to be at once
resumed by our banks, and the Govern
To- nj III "a
greenbacks that have been issued to
meet the requirements of trade for cir
culating medium, it is undeniable that a
tremendous crash would be the result,
which would iniure the country, tlnan-
Cially, infinitely more than the rebellion
has done. But there is no reason to
fear any such suicidal acts The green
back currency will not be cancelled du-
ring the present generation at least and
the resumption of specie payments must
necessarily be so gradually effected that
no perceptible changes viii be effected
by it.
1.-THE entire South, it must be remem-
bered, is completely exhausted of all the
materials necessary to civilized life, and
its wants will have to be supplied chief
" by the industry Of the North and
West, 1t has still a large amount OF
gold and silver, and great quantities OF
cotton and naval stores, which are bet
ter than precious metals It's freed pop
uation will instantly become larger pro
ducers and consumers than they ever
were before, and it's disbanded rebel ar
| mics, who have hitherto produced moth
ing, and existed upon the minimum ra-
lions necessary for sustaining human
life, will become cultivators of the soil,
and an element of wealth and prosperity,
instead Of ruin There will be no lack
of employment for our own soldiers and
sailors, who will at once return to peace
full life, and the ships that have been
temporarily converted into men-of- war
will be needed to help carry abroad the
surplus products of our fields, and bring
back the products of other lands, which
will be needed to make good our defc-
iencies. There is one very important
TACT which Mr., Golden and the econo-
mists of his school are atN to overlook
in making their calculations for our
future, and that is that we are grow
ing people. They forget, if they ever
knew, that while the population OF
Europe the past fifty years have only in
creased at tie rate of thirty-seven and
sixty-nine per cent, taking the highest
and the lowest ratios, the population of
the United States has increased ia the
same time nearly six hundred per cent. ;
and population, with US, in our unde-
vei2ped resources, is wealth greater
than the mind of the political economist
ever dreamed of.
"There is just one thing that would
change the brilliant prospect of our ma
ton into one Of gloom and disaster, and
that is the madness of faction, which,
for the sake Of temporary power, would
overthrow y system which no mind was
wise enough to devise, but which grew
up naturally from our necessities. s--Ba-
depeaaeat.
The Committee on Emancipation of
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