Vicksburg weekly herald. (Vicksburg, Miss.) 1868-1883, 1870-01-29

E.-. " w "
by % the costly and clumsy Old,
and greeting tie cheaper and better
New, Il acharaeteristiC Of this ad-
vnncing age. Toward 4 better and
Rrander future, when ono huddred
millions Of people shall be fed
where forty millions find little more
han a bare subsistence now, our
country rapidly and inevitably
tending
When our people cultivate less
land aud learn 10 pillow DEEPER
Says the Southern Argus "then
they, will make more money.
Using the sub.oil plow on our
lands, will be prepared for dry
weather. II is more the moisture
that comes up from below than that
which fclls from above, that makes
vegetation flourish. Now. the deep.
or we pillow, and the more we sub.
soil, the greater is TIL, quality of
moisture rising from beneath the
surface
THE IIorticulluri,t states that
w. e. Flagg, OF Alton. (lli..) grubs
up his old or supcrannuG;cd trees
aud burns the brush in the holes.
According 10 the report of the Hor-
ticultural Society of that place, he
has several hundred Young apple
trees planted ia such holes, which.
for vigOr Of growth and health OF
/ foliage, are equal to an: grown on
new land. The success Is attributed
both to burning the earth aud 10 the
ashes.
The New York Tribune's way OF
managing the public debt:
|. Let no week pass without buy.
ing up, redceming and cancclling
soinc part Of the Nations debt, Tie
rapidly Of such payment il open
to argument; we think it should
never be less than Sl,0OO,O00 per
week or Fifty millions per annum.
We should much prefer TO make ii
One Hundred Millions.
II. Our bonds must appreciate,
US they have appreciated, under a
policy Of rapid payment. We made
no substantial progress toward
Specie Payment or funding our
Debt while we, for the last year
or more Of Johnson's rule, paid lit-
tic or nothing OF our Debt, and
had no system Of paying. Since
Mr.. Boutwell, began buying and
putting away bonds, at the rate Of
Eight Millions per mont, the case
is bravcly altered.
Ill. We believe in F.ee Banking
that is. in establishing genera
laws under which the business o
Banking shall be as free 70 one al
10 another. What Cougre,- SHOULD
do, in our judgment, is-lo requir,
ample, unqucsiiouable security 70.
all Bank issues, and then let Bank.
like grisi.miils or furnaces Ue cs
tabli-hed wherever thcy may be
~. Congress should not author
izc an American Cou-o, wItAou
using all proper means TO insure IL
being tskcn. 10 his end. it shou,I
require all currency in circulation
or l,Sucd after q certain 4 IL TO b.
based VII The new CousOl lie
every bank dispose Of i;s prcscn
securities rs Il shall zee tit: but IL
every dollar not based on The new
Consnl he. after specified dOv, 20
no longer receivable ia payments L
the Treasury.
V. Give the new Consol ihir;,
years absolutely to run, but max.
it rcdccmabie at the pleasure OF tn
Government within the next TWEEN
fty ycars make this Con,Ul, al,
nothing else, the basis OF our Ma
tiOnal Currency ; require 4, icas
800 in Cou,ois to stand behlnl
every $50 OF Currency, md !c
Banking be Free, and we lirml,
believe tina; COnsol would range a
and above par, even though /
drew but one per cent. interes
quarterly, or four per cent. per an
mum. OF course, this bond viii b
unJaXablc, and payable expires,
in coin. Aud we doubt wAethe
the Debt a be funded even ,
five per cent. uuics, keep paying !
VI. Specie payments will CON
of themselves ii we perscverc !
vigorously paying our Debt. Ii
us get the new Consol fairi
launched and in eager demand, an
tie Secretary OF the Treasury mo
!, safely offer to fund the Greenbac!
in that loan. Probably few won.
; come in; but, all would rise to ?.
/ with Specie forthwith.