Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-09-14
rHE NEXT

XnG C6Aa r.
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The mex. Congress that meets must ne
cessarily be a working body. There never
has been a time when SO much sound
Judgment and Legislative ability has been
required of the national legislators as will
be REQUIRED Of those who assemble at
Washington in December next. The war
has ended. and left the nation deeply in
debt. There is also q large portion of the
country in an unsettled state, and four
millions of liberated slaves stand waiting
to be disposed of by some definite action.
The next Congress, therefore, must needs
lay a firm and broad foundation for future
political action in regard to each and every
one of these momentous questions. The
vast expenditure which for the past four
years. has been required in carrying on
the war;, has ended. The amount Of the
national debt can now be accurately de-
termined; the future expenses OF the Gov
arnment easily calculated ; and 1t now be,
comes necessary to inaugurate a policy,
either for its liquidation, or for the regu'
lar payment Of the interest. and establish
a system Of taxation to correspond. Thi:
will require extensive research into the
history of the finances of other countries,
and sound judgment in the adoption o
"a The question of whether tht
payment of the national debt should bt
Immediately commenced. or whether in
terest on it only should be paid, is ONT
which is now bringing forth much discus
sion, and one, the decision of which b!
Congress will have much effect on tn
business of the country. Jay Cook, anc
other bankers, reason with powerful ar
guments that ga national debt is a bless
ing" but the generality of people, VIII
follow more the promptings Of common
sense, don't see it in that light. But
whichever policy Congress may deter
mine to adopt in regard to the debt,
will lot remove the necessity Of heav,
taxation. This matter of legislation
which for three years past has occupied
large share of attention and time of Con
gressmen, must be settled. During tn,
tendency of the war, it could not be fol
lowed on account Of the uncertainty o
future expenditures but now, when tn
debt and future disbursements can be de
termined. it is absolutely necessary that
system of jus, and regular taxation shall
be adopted. Where taxes are changed a
every session. and even during the ses
sions, it interrupts business, and create
irregularities which in the end can onl!
result d~isastrously. Even now, the Sal
Francisco papers say, the merchants o
that city are not purchasing and import
ing the usual amount Of goods, on &C
count of the expected change in tariffs anc
axes. Reconstruction is now s~atisfac
,orily going on, and will not require mucl
legislation. if what is given is judiciou'
and to the point; but it is a question
which may easily be made most Difficult
by a little Encouragement. The dispose
Of freedmen will be more difficult. Tn,
fixing of the political status of four mil
lions of men, women and children, igno'
rant as persons brought up in bondag
may be supposed to be, yet loyal to tn
bottom of their hearts, is Of the creates
Importance. The Government canno
allow them to become the victims of tn
cruelty Of their former masters, nor for it
own safety, nor in justice to them, pas
them under their control again. The,
must be free and independent; and to de
termine in what manner and degree the.
shall be made so, and in what relation
they shall stand to their former masters
will require deep study and sound judg
ment and to fix their status, will de
mand careful legislation.