, 1865-12-06

Under The ac,Ion indicated, Il Is believed that the
balance Of trade with nther nations woaId withlna
| reasonable time be AGAIN turned Ii faror Of this
Which %oad
vc1titity of leratendcr notes md The stability Of
sound bank circulation, the return to and n,a3nre-
re1atiyely easy, and the demand for gold be cou.
fined to the healthful and legitimate adjustment Of
balances with foreign countries
aud sci in the infancy Of It's develop
! 1ueut, the nattoual bank1nc eyetem has become
we p onE Ss
| In the national banks, but every member Of the
| community has IN immediate interest In the stu
exchange md value no: in isolated sections Of The
eounr5 between particular classes, but throughout
,ae length and breadth q The land, aud By every
citizen of the Republic. And this eystem: 20 rami
fed and 20 essential 10 The prosperity oi all casses,
il based upon tho national faith mud credit as Its
ehIcf and can only exist rs that credit
iNohy have our citizens batt,ed for the pzcse.ya-
tton OF our institutions; freely have they poured
mcni IN lis contest with ruthless ueason, and now
lint succefs has crowned thelf e1erloas and sacri
Gccs. the maintenance ofhe natonalho honor, through
perstivc and solemn duty; nor can II bc doubled
hat I'll ,utt measures calculated 10 snstotn the faith
and integrity o. The goyeznmens will ind ready
/ Tbs RESOURCES Of the country are great
ss5oEa; enapesat!on, ins de;elop@ens
SaRon e. to sa nd
PROPOSED to enah}c the Government not only to
meet ~ lia pecuniau obligations with entire
shn]l be pniuly burdensone Or give just cause Of
1t is believed that from ! few eources rryenue
can he rscd sufficient TO meet tae interest on the
public dehi, pay The ordinary expenses Of GovcEn-
snen, and contribute thirty millions Of dollass cn;
e sIso fund IA sha hs VT ne national
The ,tariG cat bc 60 adjusted a. to produce one
hurdred and twcnty millions 9! dollars one hun.
lred millions can be ralsel on whlakey. malt
|lqunrs end domestic wines; fifteen millions on to-
Lacco ONO hundred and twenty-five millions on
cotton; fFGcn millions from stamps; from licenses
plls OF gold, after paying interest on bonds, ten
millions, making tn ths a.ssegate ton, hundred
be required under an economical administration OF
:the Government, lcayjDg large margin on tho
above estimate for reduction. The estimates, how-
Indicated arc not the result Of loose CONJECTURE but
zach ls founded Upon careful Inquiry in reference
llopast productions and revenue under The existing
ii Is eshmated that The cotton crop tho next year
viii amount to betwcen Two and q half md three
Two and hall millions viii produce one hundred
4 md twenty-five millions Of dollars. II Il reason.
able to eurpo~e that ths annual crop Of cotton, ar
1851, which IVES about four and a half miltluns OF
,aI Of eht PET Rosna a. 9n shat
a,Iiiions of do,IaIs, sum more than sufficient to
pay the interest tho publIc debt amer The entire
son1d bc dispensed With amer The ncst aacal sear,
and It Is TO be hoped that after that period no more
Income will be derived from pleminm on gold:
are exported; that proportion therefore OF the tax
on those articles would lie paid BY foreign coun-
trIea and to That extent Lontt1bnte TO the hqntda-
ton d tic pubic debt and relief. or our OWL peo-
}y11n