, 1865-08-10
THURSDAY. AUGUST 10, 1865
ACHEeR1NG VIEW.


Eas,e1n contemporaries, who has been In
e.atc ef great t1rpidation and alarm about
lit National Debt, has arrived at proper
conclusions on the subject, and is communi-
catinE them to Its 4eadere. It's conclusion Ia
that the burden is no great burden after all
aud that II ne cease to be alarmed BY the
vnH eggngate ot the principal, and give our
attention only To- the Ways End meanB of
peyiug the seu1I.annuA Interest, nc ahal1
coon learn that the faith Of the nation toward
lis creditors mas be maintained uuimpa1ed,
With nut sny oppression Of Its cttfzeuA This
Is emincntly sensible and discreet, and We
hope to sec tie example that the journal Of
which we speak has eet Initiated wherever IN
American newspaper is pubilkhed- :,
We take 1t for granted that thc debt,
tic interest on wh.eh Is now, in round
numbers, Ont hundred aad fsrty mill ms of
dollars, will not be materially Increased,
Tbe WEI Is at an end. The order for the dis
bsudmcnt of most the entire army has gone
fsrih, aud money is already provided for the
raYnent Of the returning troops. The nayy
is b.i1g reduced TO it's peace strength. Large
GALES Of property. now disussd, are daily
Eade, from which the Ttcasury derives con-
siderable receipts. The estimated receipts
ION the 1ntetnpI Revenue law are two hun.
dred md flty mltltcns-an estimate TINT will
be realised. And the income from all other
services will be fullY one hundred millions
more. Here Is rot lad showing of re-
sources. Here is ground for hope that great
nunblr Of the taxes. that annoy more than
they opp'css, may be repealed, and that
many others nay be reduced half
or more. Al all erenta, here is demonst:a
ton that the interest Of what We owe can be
paid, and that II there is default. which there
VIII not be, the inc cination, not the ability
Of the people will ba charseabls Herewith.
But with 50 plain statement, which is the
Only one that eau be mad., the csoakers are
not content. Whether they do 30 for spec.
u1asive purposes, or whe'h croak'ng has
become an un:onqustab!e habit, We lclve
1hcn 10 Soy; out Certain 1t Is that they tor
ment themselves and disqu:et their neigh
bors bT thelE prediction OF the rninous
amount Of the debt yet to be recognized and
filIdc5,-the dvb. growing out the tens Of
Thousands Of claims for damages done
by tie movement Of our armies,
the unjust setznre and unlawful conflscstion
OF property, aud the hundred other sou,cea
whence unacknowledged obligations will
low towasd tho treasury for payment. Al
the Imagination Of these men is active or
dull. the sums In which this portion of on,
debt Il stated, VARY from 4 few hundred to q
few thousand millions Of dollars. Soma ot
them will have 1t that the OBLIGATIONS thus
to be finally admitted exceed the eros,
amount Of Ike debt already known to have
been Incurred. It WAS etayely and sober1y
stated so In Coppe,bcad tournat nn1r a fa
days ago, wherein the yeracious editor. mt.
ting down the debt for which b,nds hive
been Issued At four thousand Mill ens. an
adding TO that ilve thousand millions mo,e On
the sccont of claims vet TO arise. proved That
national bankruptcy was only the next door
aNay. and that every man who had c,v
had btst clutch her by the tai or horns lsst
the rnercIl,sa ta.-pstheter thou1d dr;va he-
of. This il. Of cour,e- an rx.rrerat1on -,
what ls usual1y maintained. 1ut Il ahovn IN
c'easer colo1s than are commonly uscd III.
means by which The credit OF the count,v Ia
as.a,led and when one u acqna,nted WITH
the fact that in no event whateyer is there
probability :Aat the whole indebtedness will
reach three thousand millions of dollars, It
shows tie desperate crinInslity Of the aesu-
cIes that the croakers and Copperhsads
employ.
IT. then. auy Of our readers have been