Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1864-08-10

an. extent alike unexpected and remark.
BILE. exciting equal establishment at bor.
and abroad. Three years of war b,v.
burdened you with debt which, but th,.o
years since, would have seemed bevo,a
your ability to meet. Yet the accuu,
lated wealth and productive enerpie, If
the nation have proved to be 50 vast tb..
it has been borne with comparative easo
and peaceful future would hardly feel
its weight. As a price paid for nation,,
existence, and the preservation of free in.
stitutions, it does not deserve moments
consideration.
Thus far the war has been supported
and carried on, as it only could have been,
by people resolved, at whatever cost of
blood and treasure, to transmit, upim.
paired, TO posterity, the system of free
government bequeathed to them BY the
great men who framed it. This delibe.
rate and patriotic resolve has developed i.
power surprising even to themselves. It
has shown that in less than century .,
nation has arisen, unsurpassed in vigor,
and exhaustless in resources, able to con.
duct, through series of years, war on
its most gigantic scale, and finding itself
when near its close, almost unimpai,ed in
all the material elements of power. 1t
has, at the present moment, great armies
in the field, facing an enemy apparently
approaching period of utter exhaustion,
but still struggling with force the great.
er and more desperate as it sees, and because
it sees, the near approach of final and
fatal consummation. Such, in my dclib.
crate judgment, is the present condition of
the great contest for civil liberty in which
you are now engaged.
Up to the present moment you have
readily and cheerfully afforded the means
necessary to support your government in
this protracted struggle. 1t is your war.
You proclaimed it, and you have sustain
ed it against traitors everywhere, with
patriotic devotion unsurpassed in the
worlds history.
The securities offered are such as should
command your ready confidence. Much
effort has been made to shake public faith
in our national credit. both at home and
abroad. AS yet we have asked no foreign
aid. Calm and selfreliant, our own
means have thus far proved adequate to
our wants. They are yet ample to meet
those of the present and the future 1t
still remains for patriotic people to fur
nish the ncedful 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 defeat and disgrace.
This is not the time for any lover of his
country to inquire as to the state of the
money market or ask whether he can so
invest his surplus capital as to yield him
a larger return. No return. and no prof
it, can be desirable, if followed by ma.
tional dissolution, or national disgrace.
Present profit. thus acquired, is but the
precursor of future and speedy destruction.
No investment can be so surely profitable
as that which tends to insure the national
existence.
l am encouraged in the belief that by
the recent legislation of Congress, our fin
ances may soon be placed upon a sounder
and more stable footing The present de-
ranged condition of the currency is impu-
table, in great degree. to disturbances
arising from the withdrawal Of necessary
checks, often inevitable in time of war,
when expenditures must largely exceed
any possible supply of coin. The opp0r-
tunities thus presented to acquire sudden
wealth have led to vicious speculation
consequent increase in prices, and violent
fuctuation. The remedy is to be found
only in controlling the necessity which
begets the evil. Hitherto we have fel'
the need of more extensive and vigorous