Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1864-03-25


. scape goat for the sins Of tie ainia;.srs,
sion.'
WIZ GOLD gsEe
A New York pAper says:
The causes ~hich have pas up she price
OF gold, or rather, more strictly, have re-
anesa the price of Government currency,
are First, the redundancy III she pspsr
money ofths county. Previous 10 tie w.r,
81 period Of comnsrcisl activity. when the
whole country was together. three hundred
millions Of paper money eas the outside
limit which the necessities Of commerce re-
quired. Il is estimated that we now have
not less than sir hundeed aud fifty milgione
Of paper money, while eommerc is not as
active as it vas before the war. and . large
porsloa Of our populaslonis cut of by the
rebellion. Second, our national currency
is discredited by the failure Of the hopes of
the people. It was expessed last fall ths.
the worshlessness Of che rebel currency, and
the dissatisfaction which undeniabiy pre-.
vailed. would compel the Southern people
TO consent to some terms Of reunion rather
than prolong useless struggle. The open
ing movements Of the spring campaign
prove, however, that this was an entire
mistake; that the rebellion is apparently %
strong as ever and, with the failure Of the
popular hopes, comes panic in the gold
market. Third, The organisation OF the
new national banks renders it certain that,
instead OF diminution, there is to be 90
addition to the paper money Of the country.
The 6ve-sweasY loan hating been all taken
ups shere is no longer en- ontlet Cor green-
backs, end hence the susplus paper money
is poured into the channels Of business. thus
creating furious speculation in gold, ss
well as in every other pureaaseblo eommo-
dity."
The small poz is spreading with fearful
rapidisy over the country. Il is worse than
ever ia Cincinnati and Columbus, and there
are 1900 cases 10 Cleveland.
In the u S Senate, on the 14sh, Mr. Da-
Wis, Of KY, seid he would wish that God
would deliver US from such Generals as
Butler, for he was the Inesnest and the
most mcKcenary ever sent 70 curse the earth
He could be bought aud sold every day in
che week.
The locomotive builders 81 Patterson. n.
j., hsve been notified that unless they fur.
nished the Government 200 locomotives
sheir shops would be seized and run on
Government account.
Rosecrans has been exoncrased Of oil
blame for the defeat at Chicksmsuga.
It. Col Jsmes Sanderaon, just returned
from Richmond. has been sent to Fort War
rem, charged with besraying 10 the rebels
the plot vhich she prisoners conceived to
escape from The Libby.
Col. frank Wolford has been arrested
for disloy.I sentiments IN speech .. Lex
ingson. Ky.
A rpeeial Washington dcap.seh to ahs N
7. Times Gays General Wsdsworth lsis
Washington, on tho 18th, for Fortress Mon-
roe, with inssrucsions from Me War Dep.ra-
ment to suspend further exchanges OF pyis
oners on General Buffers plan. They
want man for msn without regsYd 10 col.
or.
& rebel pvisaseer is reported to be cru-
sing 10 the westward Of HsYasa.
KssrucgY .lAYss ARD rEn paAsr.
Il is understood Gov Bsamlette OF XIV.
has demonstrated With she Presidents agsins.
she enrolment aud enlistment Of slaves in
kensusky and notified him that he will
execute the laws OF the State against all
who attempt to take slaves from their own.
srs without their consent
The n z Tim..s.y.:
Kentucky is in fermenG over she Con.
gressional bill making slaves liable, in the
same manner as white men, 70 tho nss;Ssnxii
military service. She cl.mors thss ibis On :
acsment ia an invasion Of ,rer State sover-
elgnsy-an unconstitutional interference
vith her domestic Institutions Some Of
Der hot heada rave AS ifrealy purpcsine 20
make common cause with ahe rebellion. or
ct least, TO relapse ioso neusrsli.y, unles,
kentucky is spared The application OF .his
measure"
rRfEoag AsD LYgcoLE.