North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-08-24
Up to the present moment you have readi-
ly and cheer(ul!y afforded the means necessa.

: lIdC'eu sllueSlc. IL - yod wal Aou PlO-
claimed it and you have sustained it against
traitors everywhere, with patriotic devotion
unsurpassed IN the worlds history.
| The securities offered are such as should
command your ready confidence. Much et-
fort has been made to shake public faith IN
our nationa credit, both at'home and abroad
As yet We have asked NJ foreign aid. Calm
and self reliant, our own means have thus far
proved adequate to our wants. They are yet
ample TO meet those OF the present and the
future. II still remains for patriotic peo
pie to furnish the needful supply, The brave
men who are fighting our BATTLES by land
and sea must be fed and clothed, munitions
OF war Of all kinds must be furnished, or the
war must end in deeat and disgrace. This
Is not the time for any lover of his c0untr"
to eyquire as To The state Of the money n
| kcl, or ak whether he can so invest his sur
plus capital as yield HIM larger return.
| No return, and no pr"ti can be desirable, If
! followed by national d'>soiuton, or nationa!
disgrace. Present pr lit, thus acquired, 5
ia the precur<., oi future destruction. n ,
inyesi mont can be so prof able that which
| tends 70 insure the La'pral exister-.
| | am encouraged IN L. belief that by the
recent Legislation Of Congress our finances
may soon be placed uppn a sounder and
more stable footing. The present deranged
condition Of tie currency is iIaputabie, in !
great degree, to disturb anceS arising from
he withdrawal Of neceS ary chec<$, ofJe Il
inevitable in time Of war, when expenditures
must largely exceed any possible supply of
in. The opportunities thus presented to
acquire sudden wealth have led to vicious
speculation, consequent increase in prices,
and violent huctuation, The remedy is to
! be found only IN controlling Tue necessity
which begets the evil. Hitherto we have
felt .he need Of more ext ensye and vigorous
taxauon. Severe comment has been made
! upon what SCENE T. many an undue tind-
ty and ardineSS of &C ion, on the part [.
Congress in this re,acl, | de4n 1t but jus It
t. say that very great mjsapprehenson has
existed, and ptrhaps still exists, upon this
point. Legislators, l'-a all others, have
much 10 lcarn IN a new condition of affairs
An entirely new system was to be devised,
and that system must necessarily be the
growth Of time and experience. 1t is not
strange tina, first eff 'rts should have proved
'mperfao- and rnai.qIete. To lay heavy
burdens OF a great aud pat triotic people in
such manner as To be equal, and as to oc-
csSinn the Iaas1 ampnnt Of sIff.rin5 or an.
noyance, rcvuires time ar caltion, and vast
labor and, with all these, ex ,erence is
needful to ties: the value of the system, and
| crrrect It's errors. Such has been the work
which Congress was clllel upon to perform
| am. happy to say that daily results are
p10vng the Internal Revenue Act to exceed
in efficiency the most sangulne expectations
of its authors. In the month Of June, 1868,
it yielded about four and one half millions OF
dollars, while the corresponding month OF
| this year returned about fifteen millions,
under the sun. law. Under tn. new law
which went into operation, on the first day
OF the present month, the Treasury not un
frequently receives one million IN a day
As time and experience enable the officers
employed IN collecting the revenue to enforce
the stringent provisions of the new law, |
trust tina; a nlIIou per day will be found
the rule and not the exception. Still, much
space is undoubtedly left for improvement
in the law and in its administration, as a
greater amount Of necessary information is
acquired. The proper sources of revenue.
and the most effective modes of obtaining it,
are best developed in the execution Of exist
ing laws. And | have caused measures TO
be initiated which will. it is believed, enable
Congress SO to improve AMI enlarge the sys
| TEN as, when taken in Connection with the
| revenue from customs, an Jther spl rces, to
| afford an ample and secure basis for the IA
| tional credit Oolv on such basis, and IN
a steady aud vigorous resirunt upon curreh-
| cy, can a remedy be found FIR existing evils.
Such restraint can only he ex rclSed when
| the government is furnished wl'h means t.
provide for It's necessities. Bat without the
aid If a pair iotIc people, any gove"nmen is
pnwerles>, for this or ary other de- lrable
end.
The denomination Of the notes proposed to
he issued, raging from fifty to five thousand
dollars, place these securities within the
reach Of all who are disposed to aid their
country. For their redemption the faith
and honor and property of that country are
solemnIy pledged. A successful issue to this
contest, now believed TO be near at hand
will largely enchance their value to the hold
er; and peate once restored, all burdens can
be lightly borne. He who selfShy with
holds his aid in the hope OF turning his avail
able means to greater immediate profit, is
speculating upon his cpuutry's misfortunes,
and may find that what seems to be present
gain lead, only to future loss. | appeal
therefore, with confidence to loyal and pa