Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1865-02-20

tions have lost, their power to awe the peo
| pie, and the great public heart begins b
throb aloud, aud the popular voice is lout
and constant for peace.
I We say candidly to our friends in tn,
Legislature that we believe this to be thei
last chance. Do something now OF Vol
may never have another opportunity. AMI
take the bull by the horns and do osome
thing practical. WhRt is to be done mus
De done quickly, for it is not thought that
l,sheFman will give you more than sixty Of
ninety days to work in. The people wan
peace, regardless of JEFF. Davis and Abe
Lincoln Give them peace and protection
for person aud property, and they care
very littl6l about b6d1dafy lines OF who
may be President. ~ eis
.r.s5t --s t-8 Bls y 1-
The Gold Question. u
ANOTHER HEAVY ADVANCE IN eoLD-sIxTY-
FIVE DOLLARS IN "GRAYBA0Ks" PoR osE
IN GOLD.
From the RiOhm9pd Enquirer, Feb. IL.
Notwithstanding the sale of gold by tbs
Secretary of the. Treasury atone time
brought gold from 20 down to 45. It bas
again gone up to go aud So, aud that, too.
upon sales made on government account.
NotWlthstanding the amount OF Treasury
notes was reduced by shaving off one,
third, prices went up, rand instead of mon
ey becoming more valuable by its scarcity.
the new notes buy less than the old did.
Notwithstanding Mr.. Trenholm holds the
sig per cent non. taxable bonds at 1856. he
cannot sell them for 80. Here we have
three important facts which twill do well
for the Congress to consider. Gold is still
rising and carrying up the prices of all
other commodities. Shut cure as We
may, gold is the standard which measures
our currency, aRd daily, as gold rises, the
purchasing value of our notes'falls. Not.
withstanding the reduction ofthe currency
by shavingof one-third, prices have risen,
the notes have fallen, and the Treasury iis
empty. The six per cent non-taxsble
bonds would go-aud the Treasury has no
money to pay its debts.
In such state of affairs, what use is
there for Congress to hesitate and dilly-
daily over this scheme and that scheme 2
Why not recognize 'thefsct that every kind
of paper device, which has not gold and
silver for its base, is and ever will be 8
fatlure2 Reduce the public debt to it's
specie value-not its present specie value,
but the average value to this time-and
provide for its interestin specie or sterling,
authorize new currency, not redeemable,
paying coupons. This is the only remedy
for our financial disease. Quackeries of
one kind and another may be tried, but the
patient will grow worse every day that the
true remedy is delayed. Taxation is al
ready as high as the people can stand ;
they are willing to pay more, for they are
ready to sacrifice all-but are they Rble 2
There is no such thing as killing the goose
that laid the golden egg in these States,
but there may be such slaughter as will
destroy the power of laying those. paper
eggB upon which Mr.. Trenholm relies
9oWeVer Wiling the people may be to be
ts1fd1 there ia Q limit which cannot be
passed. go. ~.
In 1854 many persons, whose business
was nominally larger than that of 1868,
have fouHd their increased income leave
them in debt for their necessary expenses.
The expenses of living have increased Eve
times what they were in 1868; but the
profits of trade have made no such in.
crease. The twenty five per cent. on in.
comes, together with the other taxes on
sales and property, will not permit of any
increase. The point has been reached al :.
ready beyond which it is impossible to go.
The feather is now on the cameI's back,
and he cannot, however willing he may be,
some way. Let US recognize the fact that
our financial nomenclature is a lie; that
our Confederate SO called "dolIars" are
not gold and silver dollars. but mere nickel
and copper cents. Let US go back to the
truth and fact, undeceive ourselves, aud
quit that sea of figures upon which We
have been floating for the last year, look
truth straight in her face, in her very eyes,
and reduce our debt to real dollars. Honr
esty is the best policy, and these sham dol
lars which everybody calls "trash," ouce
buraed TO cinders. our people, manfnlly
hugging truth in finance, as we'll as their
cause, will yet bring this country safely
through all her trials.
The whole question of taxes, public
debt, and currency, has been referred to
select committee of one from each State
in the House Of Representatives. That
committee must report fact or fiction to
its country. Will it still cling to sham
dollars; still, infatuated with big figures,
palm the nickel cents upon the people as
"dollars2" or will it, with manful truth
/ their day in this confederacy, and thai
henceforth dollars shall be dollars and
cents shall be cents7 General Lee does
not fight his battles with the army OF
therolls, but with those present for duty
and Mr.. Trenholm can no more rely or
these sham dollars than General Lee or
his sham rolls. Congress is about CON
solidating the sham soldier in electives
and Mr.. Trenholm must convert his shan
dollars into real ones.
Facts about the T-sos-The Advan.
4 o