The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1865-12-22

prnrTiefv NJ making .Hitahlf pf"i's"il
Tor wounded and Disabled officers ana
,alilcr. Tho revenue system 81 The
country j. subject If vital Importance
g. II, honor ami interest and 'h"usl
command the earnest consideration 81
onsr..s
rHE THEAsrRy
The Secretary # the Treasury VIII
by heinvc you free AMI detailed r..
rort of the receipts aud rxpcWltinrc'
tor the nghar three quarter. art the 90.
Inmates Tor tho years following III" ''ih
If june sGd ! must contsIs myself
With a reference 10 the report AMI ~
which vuu viii find al the information
-cauircd for your elaboration and de-
eisiuu but the paramount importance
It the subject 80 pre- 'scs it-eH ON my
ssp mind that cannot bat lay beiurr
Won my view. Of the measures which
are required for the good character
aud might also ,ay for the existence
If This people The life of a rrpuh.iC
De-. eeriainly in the energy virtue and
Intelligence Of it, citizen. but % o.
equally true that good revenue -f-
ton j. the life Of ava organized govern
uicut meet Won az time wheu the
nation ha- voluntarily burthrnHi lisrli
with debt Unprecedented in ar annals
Large A. h. it, amount Il indr- ava!
into nothing when compared with th"
counties. blessings that will De- confer.
red upon our country and upon a'an h'
the preservation Of the uasiun life
a.
ins of Congress since the return ~
peace. IL q. IT the utmost Importance tp
ilnusurntD fresh policy which ,hall
AZ once hr pat IN motion ani which
shall commend itself t. those wh" como
after "a, for - continuance W" must
aim ~ nothing less than the complete
placement pf the financial evils that
necessarily followed state Of civil war
W. must rndcayor 10 apply the earliest
remcdy tn the deranged state OF the
currency. and not shrink from dc,isiug
q policy Uhich vi'hout being opprc--
.ife Ia the people shall Immediately be-
sIn 20 "a 1T reduction ui tho debit
aud II persisted in, discharge II fully
within definitely fixed number Of
GEAR. Il Is our first duty t. prepare
tn rarned fYr our recovery from the
.,sr Increasing evil. % oar irreicoma.
llc currency without sudden re'ul-iDn.
and without untimely persisteury To-
iha, end ~" must each, in uur respect
$50 positions. prepare the way
TIN,Setu POLICY
SHOULD il be- the duty Of The E1rau
tIse To insist nn lruealIty IN cxpeuil.
irre, and -uppurt economy itself great
national resource uf the banks "a which
auihurit, has boon given Ia issur notes
serurpi hy bond. OF the ! nlted states
~ may require tn" greatest mpiora
'iru ,pl prudence. and ihe Iav must bc
rigilly enforced when r. limits are
exceeded, We may cnch one Of "a. rpuu-
81 our active and cutrrprislnz country
men fn Voc constantly ON th,ir guard. To
Iquidsta debts contracted m n paper
CURRENCY and By conducting hnsne.-
~ nearly q. possible on a system oi
cash payment. or hort credits. 10 hold
themselves prepared 70 return 10 the
standard Of gold and silver 20 aid our
fellow citizens IN the prudent manage
meui Of the monetary affair the duty
dcvolyes on N. 20 diminish hy law th.
amount of paucr now in circulation
-Four wear. ago the bank unta circua
t,an Of the country Amounted 4, not
much moro than twu hundred million.
The simple statement a. the fac, racam
mcnd- moro strongly than any worl-
81 mine could 49, thp NECESSITY Of oar
reducing thi. expansion The gradual
rrdu,iion If tho currency is Tho only
measure that can save the husiuc.. of
the country from di.astr,n. r,lamiii,.
aud this can boz almost impcreepthy
accomplished b, gradually hulins the
national circulation in .rruritie- that
NAV ir maIp rrlpomehIr az thc pleas.
urr Of rIc Gu,rumrnt Our debt Il.
Ioubs srsurci First iu the actual
wealth and still greater unlrYrlappd
resource. of the country and next ina
thr character of our institutions The
most Intelligent observers among p,liti
p1l economists have not failed tl remark
that tho public debit ul country {. safe
in proportion o., it. people are free
That the debit II a R4bubllr is the
Attest of ai our history confirm. and
os'abli~hc, the theory. and is. / firmly
believe. destined 10 alyr tia .ull more
.'.ual illustration The secret of this
-uperioyity spring. not merely from the
att tlat Inc RanuLli,.. u.ti.p,t ,LE.