The New York herald., 1865-02-21

sderaton Of respect 70 private property he claim or
sassss,lon .h.s sny kind or form Of private properly
more sacred than another ssat be aacsd 10 nss IN
may " be ssm ursafs % nv dsoe Am The Question n
be taken for the army that other quest on whether
Is To be empowered TO take and all the
and tobacco the coniederscy 70 sustain pub
lie credit jadged OF as measures Of public poty
and 70 be adopted or rejected according 60 their promise
Of ehciency or otherwise for the public Differ
ence OF opinion may be admissible the expediency
or probable efficiency OF ethfr Of the In ques
tIon; bat no difference whatsosver 70 the right
For that sort Of difference there b nos an inch Of
ground to stand upon and any observation upon u
Irrelevant '7Nf
And tha. for tho following when coun.rys
independence-that is its very Hf;-s in imminent
danger and organizes all It's powers and resources to
make It's defence TOO espcss rpa1s (which IS our case
Of property, with without compensation-the with
without being determined not according TO the rights OF
s1sSv c the % This AIa
asserts the right and exercises It, 70 take and seize some
kinds Of private possessions according 70 certain proper
tons, which proportions may be enlarged Indefinitely;
and there 10 nothing more sacred In cotton tobacco or
negroes than In hay and oats
on Of all the cotton and tobacco, and pay for In Con-
lederate securities certain rate 70 be determined by
your Confedete paper ws can do than that when
the war ID over then they must be understood 10
mean that hat they coaemIa.e some ending o. Ms war
That w. contemplate future under Yankee rule They
think they may possibly iivo 10 the day-aftsr all
our Confederate soldiers shall have their thrcats cut
when they will be merly trading off their cotton aud
tobacco for greenbacks. even gold They thus give
and o % o
with usS avo they staked their all upon this game like
the rest Of uss After all beggared, and dead
exile, Is there fat and jolly future for themf II will
never do 10 provoke such questions as these.
Further II one mans rights of property are protected
bors, IL is by the laws Of his country they
are 80 protected; 1t is tho existence Of an or
gained community, which he calls his country,
of property and without that organized community and
Its laws any stronger might always and take
called an eminent domains higher prior right both
in the citizen himself and In all that he calls his own
When that country itself is in imminent risk of do
sroyed and ne iacny Of being swallowed up by another
nry and when requires 6f each ..c c: o.;
his personal service and his and wealth. for the
defence OF ALL pledgng them its faith and credit and des
tiny IN the future TO secure them justice they are bound
to give up all and to accept that security and then to
toll suffer and fight 70 make that security good This is
the way, and the only way, 70 redeem that pledge
often used at public meetings mot trust always
matter Of form,) Of "our lives fortunes and sacred
honor"
And further still: objections or argur1ens ao.,n., 80,
ing mems property for public deenco oud bc east Of
an toierane IN the mouths VI u who own cotton to.
oacGo anu negroes this terrible war and extreme
peru 20 our contry hape bsea ocraoe-,uc d. not sav
crsas ne by tie irsihtios negro save,v which has
the cotton and tobacco than by any other subject
quarrel This Is not said by way of blame to those
VINO own that species of property They have right TO
own ~ very thorough title 10 defend IL against the az
gressions of the Yankee naion and their country was
pound 70 face war and slaughter and desoluon and o
per the very existence OF her society rather than
~. ~ tights invaded or diminished by any enemy And
VWTy has tionc so; she has done and doing her
duty by them; she has imposed upon herself and ,pon
all her sons siocludng thosc who never owned negro
anu never raised plant of cotton hill Of tobacco The
heaviest sacr1ces and most grievous prvations She
has taken their out Of their barns dragged away
household chidiess and desoate and paid for alisor
iood and lie and limb, and suffering and periin whatS
Why, In Confederate securities Now, IL will bear to
be old-t viii be unsafe 10 have II whispered abruad
that IN the countys sorest need in the very crisis and
agony Of the war, when saying one another
not always, we trust, matter Of form-that we must
call forth all the powers aud resources Of the land for
common defence, else 90 down all together in
common ruin that thoro are those who say Yes take
orsss and that oiksSt @ ans children, but beware how
you lay finger on our cotton or tQbacc9' We shall bs
selling those 2. good prices whom you and your con-
Therefore II may be laid down evident maxim
that the debate upon these for imprs
aotton and tobacco and for putting negro slaves the
ranks OF the army all allusion TO these in
vasions of private property totally Irrelevant They
had better be dealt with according to their economic
financial and military meritshat IL, according 70 their
efficiency for tho great common end Of saving the
country. On those merits and that efficiency II Il
mot intended here and now 70 pronounce Debate will
doubtless ongtcn but let property keep out Of the
debate, at Its own proper peril. IS.
The Vital and Perplexing Problems He.
, fore the Rebel Congress. -
SOUTHERN WISDOM VERY MUCH PUZZLED ON THE
QUESTIONS OF RECRUITING AND SUPPLYING THE
ARMY, AND OF CREATING A REvESUE AND EST Az
LISHlNa A CURRENCY.
From tho Richmond Examiner, Feb III
Although we are arrived nt the middle Of February,
tngress Is all a. sea in Is act and csion' on M swj
~ tlrosom Legislation upon the taxes involves the
dfcutes Of the crisis arc - vet untsueHed. s''''
The wisdom and patriotism ef Congress and the
try find themselves confronted by four vital and pepeS
ing probens rs the question Of men for the army
ond, the Question Of supplies; third, the question Of
revenue and fourth, that of the currency. The
shall soon have armies sufficiently strong 10 meet the
enemy every Geld The gueso Of supplies Is more
d but there is little doubt thst supplies will appear
from some other they are required II IL
very probable that il General Lee will establish d.
rect comm nicaton between himself and the people and
get rid Of the OF Intermediates who harry the
country and really intercept from the armies the supplies
which would be willingly forwarded 10 them, much OF
pear These subjects lie within the sphere Of the
military authorities than with Congress.
The great business OF this body is with taxation and
revenue and as yet nothing has been done III se i'm
porant subjects The demands Of the Treasury for the
calendar year upon which We have just entered
very heavy They may well he candidly stated for
always best to look our liabilities plainly in the face
Shutting one eyes upon them was never known to
diminish or 10 exercise them
Of the 7h of November last lpage III that he
will require for the expenditures Of The c. GOV,
To this amount must be added for ths
demrtion OF old ksuo Treasury
For the then estimated amount Of the noat
ing debt STA, o0,oo0 since ascertaned
to amount 70. SAO, 700 600
Amount required for 1s65 65......... 81 06a 600 600
This is rather uader than aofemcw Of ri1-
bifcs for II be rccoected that since the month
Of November last the currency has materially depreci
Ated and that estimate that day for six hundred
millions Of dollars not likely 10 embrace the actual
cost Of the war under ths subsequent depreciation.
1t Is difficult 10 conjecture at this stage the debate
what precise Congress will fall upon TO meet
this thousand millions Of annual expenditure The ma
ority Of the Finance Committee Of the House have re-
ported the following scheme OF taxation and estimate Of
receipts from other sources
Ten per cent tax three billions OF property, sup
posed To be held In the Confederate States within
reach Of assessors and collectors $500 900 900
Tar incomes trades, professions &C,
including specific taxes. Iso 600 900
TO be paid in currency and certificates Of
Indebtedness. $3.50 COZ, 600
Value 70 the government of the tax In
kind credit FOR which 70 be repcaled..,. l4oo 900
rota NM mn