Weekly Trinity journal. [volume] (Weaverville, Calif.) 1857-1972, 1865-07-01
WEEKLY TRINITY JOURNAL
Peace and the National Finances.

as well as life which it las involved, we find it
difficult to over-estmate the good effects of peace
upon our national finances. 1t is at the same
time gratifying and encouraging TO find the Gov
eminent prompt to profit BIZ the opportunity of
reducing its current expenses by the reductions
which have been ordered in the military and
naval service.
Our four years str. ole with rebellion has al
ready left Us saddled with a national debt Of
more than twenty-five hundred millions of dol
lars, and before reconstruction is accomplished
the total will probably be three thousand mil
lions. How to manage this debt and provide for
the payment of tue interest with rs little incon-
venience as possible or, in other words, how to
raise the maximum of taxation with the minimum
of expenses and burdensomeness will be the
great question which will absorb the attention of
Congress for a long time to come, and be likely
in the end to influence important political changes
Political economy is still Young as science,
and before the war commenced, at least, our
legislators had not made much progress in IT.
Our fiscal legislation was, therefore, crude and
laundering, and this added needlessly to our
debt by the subtle process OF depreciating the
currency. A well devised scheme OF taxation ls
of vital Importance to the credit of nation ut
or burdened with large national debt yet
our present tax bill and tariff are a tissue of alb
surdites. Congress has thus far merely tinkered
with taxation but in the future we may reason
ably hope to profit by the costly lessons of ex-
perience and 90 better.
Every taxpayer in the country will henceforth
be Interested in the fiscal administration of the
country, and something better than complex
Internal Revenue bill which yields, at an enor-
nous cost for collection, less than two hundred
millions O year, and tariff which, in many
cases, is proh6tory, or nearly will be required
by the people 1t is notorious that the Internal
Revenue officers inefficient in the performance
of their duty, and that evasions of the law are
almost as common strict compliance with it,
All that the Government has or can have in the
way of income must come from taxation, aud
hence, if that is defective, the public credit will
suffer in proportion, and it is useless to shut
eyes to the fact that system will require to
undergo considerable improvement to enable
to emerge from the financial difficulties which
have been for the last four years gathering
around US.
The currency Is Of little Importance compared
with the whole debt in affecting the credit of the
Government or the gold premium, although its
volume is excessive, the Treasury issues being
nearly six hundred and eighty-three and half
millions, while the national bank notes in circu-
lation aggregate more than hundred and TWEEN
~ millions. A large portion of the former can,
however be disposed Of when the proper time
arrives, into bonds bearing say three per cent
interest. The confidence of the people in the
national securities never stronger than at
present, and after its reconstruction the Republic
will enter upon a new era of prosperity. Thus
- more promising prospect for the future of our
finances is open to us.-N. J. Herald.
The AssAssrxs - Letters have appeared in
Eastern journals from Jacob Thompson, George
~ Sanders C. G. CLAY, Beverly Tucker and VIM.
G. Clcary, expressing Indignation at the charge
of completely in the assassination of President
Lincoln. They were astonished that any reason
l.
crime. The Copperhead journals have paraded
these letters satisfactory responses to the Pres
idents proclamation, and shown great alacrity in
acquitting the rebel leaders without trial and
without knowing the nature of the evidence
against them. So faras the assassination of Lin
coin is in question, the reported testimony that
has reached us establishes the intimate associa-
ton of Booth and Surratt with the leading rebels
in Richmond and Canada. But whether Thomp-
son L Co. were capable of such a crime not,
NAV he very easily determined after reading the
evidence tax en- in the of Dr. Blackburn at
Toronto Canada 1t should be observed that
this was no = secret inquistion instituted by
Andrew Johnson. The case was heard in Ca
madam Court, and all the important facts of the
testimony were conceded by the counsel employ
I'd TO defend Black burn And what is thus cs-
tablisbed? That Thompson, Clay, Sanders, Hol-
comb and Cleary, the honorable rebels that are
so astonnded at the charge Of sharing the guilt
Of assassination, 9 melted, concerted and pro-
cured . the assassination Of whole communities
of men women and children in what is known
as the Yellow Fever Plot. Blackburn, a
Mississippi Seccsssionist, living in Canada, in
daily intercourse with the chvalrous Thompson,
Clay and Cleary, hired Godfrey Hyams, formerly
of Arkansas, TO carry to Washington, Norfolk
Newborn and other cities in the United States
certain trunks full of clothing infected with the
virus of yellow fever. The plot only par
oJ lint II &c 1T thn avoop
of the yellow fever at Newborn, last year, and
attended with the sacrifice of hundreds of lives,
were produced by the agents of the conspirators.
Hyams was promised a large reward for his SER
vices 1t was proved at a hearing and admitted
by the counsel for the chief conspirator, that the
whole scheme was known to the rebel Commas
sioners in Canada, and Thompson was the person
who was expected to furnish the money to meet
the expense Hyams swears that after his return
to Canada Thompson gave him, on Black burn S
account one hundred dollars, requiring first to
see proofs that the work had been really per-
formed. Cleary witness in this case, and
admitted every step in this dlaboical plot except
one--that Thompson paid the money. Yet the
authors of what the Toronto Globe calls q the
most 6endish plot ever concocted by the wicked
ness of war" affect to feel outraged by the
charge of completely in the murder of one man
Abraham Lincoln The attempt to excite sym
pathy for such wretches as these leaders of the
chivalry was suddenly checked by this new ex-
posure OF their villiany before Canadian Court
--ISacrdutnto Union.
FoR THE INDIAN CouNrRY.-Major Mellen
rived at this place the other day on his way to
assume command of all the troops in Siskiyou
and Shasta counties, being the . Military Sub
District of Siskiyou." The new Fort to be es-
tablished in the north end of Surprise Valley on
the ground indicated by Major Williamson will
be known as Fort Bidwell. Major Mellen head
quarters, will be, for the present, in the saddle,
as he informs US that be intends to make such
disposition of the troops that the whole country
lying between Northern California and Owyhee
will be completely cleared Of Indians the present
season. From what we know of Major Aellen,
be is sure to do it.-Rsd Bluff Indepsndent
TIE MARBLE WORKS We paid visit the other
day to the Marble Works Of Lee DeLong, of
this place. Those who disposed TO take a
look, can there see some of the finest designs OF
tombstones they ever looked upon. One for
Trinity especially merits attention-it is slab
with variegated wreath of flowers, with raised
inscription enclosed in an ogee moulding it is
of pure white Vermont marble. and it is about