The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1864-08-31

months Of August and September. The
FEELING Of disappointment and alarm. with
which | was inspired by this circumstance.
you can easily imagine. This painfnl
feeling was. however, soon changed for
one Of renewed confidence and hope, by
the farmers Of Virginia. Public meetings
were held in the agricultural counties, and
resolutions adopted, boldly ayowing the
impossibility of maintaining the public
faith, IT the Government were forced by
the people to pay such prices for supplies,
and pat:ioticaliy insisting upon reduction
OF The standard rates. aud their establish
ment upon basis sufficiently low to in
spire confidence in the currency. The
result was. that the commissioners re-as-
sembled and reduced The schedule prices TO
s7a Tor wheat Tor the month Of August, and
So for September. A wiser and more pa
Iriotic course was never pursued by any
people, and would respectfully appeal to
you. as Chief Magistrate Of our gallant and
patriotic State, TO suggest and encourage
similar meetings and resolutions, on the
part oi our own people. have an abiding
confidence that general and well estab-
lished belief in the intention of Congress,
under no circumstances Of temptation or
trial, 10 shrink from the observance Of the
must rigid gnnd faith in the money dealings
OF the Government, will enable Us TO over
come all our financial difficulties. That
such is their real intention, cannot doubt ;
but this determination should be encour-
aged and Supported by The public declara-
tons Vi our people, expressive oi their own
resolute will 10 foster the credit Of the Go
sernment by the establishment of low pri-
ccs, and by the patriotic support Of its
Treasury. Whatever differences Of upin-
ion may have existed in the past. or what
ever errors may be supposed To have been
committed. may now be buried in COM
mon grave. We are making a new start
in our finances. and under circumstances
By no means uniavorable or dlscuuraging.
The expenditures Of the Government are
of two classes those incurred abroad, and
those incurred al home. liz respect Of the
first. there has hitherto been little embar-
ras.,nent. nor j. there any reason to expect
greater difficulty in the future. Our TO-
reign supplies will probably be procured
without making any addition 10 the pub
lie debt. The MALICE OF our foes having
raised the price Of cotton to sod. per pound
in European markets, while the deprecla'
tion of our currency enables US az the same
time TO buy at hume at less actually than
IL, il is plainly seen that it can be no dit.
fcult task e. draw from our enemies. ant
from the comeacrnt spectators OF this afro.
clous war, the means Of supplying all nu'
foreign wants. This would leave us. then
only our domestic DEBT 10 deal with, ant
, when il is considered that all that is asket
u our people. and all that the Government
is called upon 10 pay for, is simply thci
, surplus productions, and their services il
transportation and mechanical and othe
, Iabols. who can doubt the ability Of th,
+ people 10 bear This burthen. II they ga,,
all that Is asked. without compensation
they, would give at best no more ihan the
, surplus, aud would be no pourer Tor th,
/ g,lt. How. then, can their condition b,
! made worse by receiving the money an,
! the bonds oi the Government. in place .
E receiving npt5ings
]. hope. my dear sir. that you may agree
with me in The opinions and sentiments
. have expressed, and may join with me i
D the effort to give new and generous in
n pulse to the public sentiment upon thi
E great topic Of our national affairs.
i. do not think that planters and farmer
{ should alone be called upon 10 declare in IA
o yor Of lower prices; manufacturers, railroa
Y companies. aud every great interest Of th
j, country, should contribute to this reform
J. Let rs content ourselves with more mode
/, rate prices and keep down the public debt
,fI and not BY extortins the highest price:
,f swell the public burthen and disturb su
conf jcnce in the virtue and the resource
ItI of The Government. remain. dear sil
n ynure ,,;fh Great RI enect.