Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1864-02-05
~ York san Frsne,eo. Loner

Now San FtauctSco - LyaL. ara as much q .Dsrt OF
The Uaited Stat sAs 10 Nv York, bHt 1t maintains h
8. ecre currency, aud takes and disposes Of the ETeen.
back for what tn ae worth, aud buys and sells
goods for what they are worth in the currency Of the
world Hence go "a Is nj AZ a premium there, ouf 1he
legal tend re are 81 ~;hiftvfwo Der cent a. count
| Goods, say shirtinga, which sell 70 dav in New Yog Tor
wsnfy-eight cent?, are cirrisd thiIher and sold TO
twenty cents, and the seller makes money afer
paying the enormous. freight and charges When tbr
backs at the discount OF the day, Aud these arr Drought
home TO be circulated hers. Yet pc pie talk Of get
ling gold from california; She sends her gold vie .
she Reis go os Tor It cheaper Than she can SGT them ID
New York.
For 1anpls. Scotch pig iron number ore. Is tbree
pounds light chilli g 81 d trn pence halfpenny (si1tesn.
20 lGrs aud hiiy eight esnt) Pc tun, Ia LiveFpo L. and
= forty eight dollars per tun In New York, nearly
ihree times the price. The gold il thereiors semi 10
L, gland for all articles thar can De bonznt there. wheat
Is one nolar pc busheltn San + ancisco, and one dol
lar and seventy seven cents N New York; and Ia &c
quaint - OF California white VIII at 60 TO EAgiAud in
cGmDetiiion with that I ON New York Formerly San
F aneirco Fent gold 10 New York 10 buy both whss
and non, now she sends What to Liverpool to psv for
IRON, snd gold to pay tor other direct purchase, from
Eng sud Hence she sends little gold to New YORK and
. good deal to EoglsEd.
II II is disioysi y thai oanssz gold TO rise, does the
same strange motive cause all other artieles 10 rise still
higherS Does it eOmp,i The Government cgieiala IA
California 10 eel their gresnbaess at sixfv a. a. e-pIs
on she doilsff Does II compel brokers and banksrs
Rnd hr. Chsse's agents 20 sand United States 6 aer cent
gold 81 ok 70 Europe and offer TO sell it for sixly cents
on the dollar Does IL prevent the cap tai-ss Of the
world who arc looking on az The London naskef for IN
y siElen =. and Uho there zee The Uaited Stat , 20year
z kOsI hl1tt1 tUttNuE ~ klALT cen 8 On The aDffHF a Hrfra
! Wef than ihst gwen tor the promises Of tbs most in.
considerable nagions, from buying Them a. that uric, 2
IL the Whole sutirs world, IL GLIDING Cslifmnf.. IA
ieAsns against ire eenlAbie 6 ~eenbseksi OF IL IL not the
plain fsct that ks 'disi0y atty IL with Mr.. Chaser H.
ne not deliberately pursued q system, against winch he
was eantiene3 2, that has impaired the credit Of the most
creditwoTthY nation on the face Of iho earth
fhe adoption OF The paper system viii destroy anv
ooVeInmtnt efeait and the fruits Of its progress among
Us are seen IN the daily Transactions. The nail n two
ye IN s1nce, was anxious 20 offer up It's wealth 10 pro,e-
cure what It Thought a lesiiin se war. Mr.. Chase re.
Jecteo a sy1ieni Of taxation could then ha Q been
organized on q specie basis thsf wonld po9 hive befn
consolidated on an imprrghAots assis The 4ovrrD. !
meat he"svsT. Preferred thai system which g. without
responsibility and vi huut agconnte biitv. 4 ev,t m ]
whieh SLOWS corntlcss millions to flow from Tho prnting |
press . ibrouRb The hands Of CONWAY. Clarke. Guint,..
Palmer 5nahrys Stsuton, Hale, Jay, Couk, Slmmoas
Wilson, , eTeus- ana the WhOls host that make nm IN. 4
dapoudsuiH Of the treasury aud other denarfmrpts a.
WIG thrive o he non accountability or he paper Va.
TEN. II all the MONEY rassa had b on t. q irsd. from
tAxes directly and every dollar 80 raised had been Drop
cry EPplted ana sec unied if We should never have 1
heard Of the crowd 0fdrfloulties or itat depreciation ~
Pal er Hhich Il the MANI HAtiOn7 Of dpcrediL The pro
ees- Of yelling patronage may be gauced 1T Thelatt
Ga the I'M December 1868 Mr.. Chsss asks5 for sodt
sRnEi appropriations, 81 lsQ55I. One Item of fais -.
dilalal ex y5useis g. tuiioNa:
-Four Hundred and sixIy-three additional Tressarv
eiiIks' "a aries SS965ao Fhue = hair a reeia emf 6f
clerks Al gu ave age OF S640 per snuum, Il -. I'd 10
swell The Trsaf MY furee; tic pin fing pte sss IT, = RI
a parer money Srs 70 cot SAT $50. The explanation
q o &C al y tks. T.
"fhs Buresn viii require to fnrni b ej.rnlatfn0 n.tas
for tie h-oel ysaE 10 the amount Of SO 004UO8. which
ssuutAti u he Averagr OF Iofes al So aid forr n tas
% the IMPRESSION. you'd require 1850 OeO impres lon.
y5iea' st'soS Psr thousand i1pres-0as, produces $751;
The great expense is plates paper. dies. etc tybs,
We Tepsat TIA 'orty millions may be made for SS4l $50
> MT sixtTeigAi CENTS per eolihE = good price 10 psy
y such esgrAsingef 1nid is ~eerialnly moi desr.
T.