Year: 1864

u
I PRECIATESs


II the city of New Yoflswere the


whcle country, and the money Job.


bers there the people, Or the con.
ltrollers of the people, We shonldslo


ago have surrendered ;tc the rebel


ion. In saving this, we do not in


tend to reflect either upod the loyal


ty or the good sense 6 the great


body of that enterprising md rigors
our population But it II fact a


thousand times proved since the bes


ginning of the war, that the New


York spectators and politicians have


been at the bottom of every panic


that has spread over the nation. No


other city seems to hare been so


prompt in taking q dark SisF5 Of pub


lie affairs, and in refusipE q paFt{ci-


pate ia the JOY resulting even fr1 m a


victory Of our arms. The last New


York demonstration is the attempt


to resist or master the Government


on the gold bill. A committee is


now in Washing ton for the purpose


of securing modification or repeal


of that important measure. We trust


the President will give an, answer to


this committee like that of General


jackson when he was threatened by


an embassy that called upon him and
demanded q retroactive step in re-


gard to the bank Of the United States.
He sent them back with a prompt
and indignant refusal When we re-
fleet upon the enormous wealth pour
ed into the city of New York by the
operations of tie war, and that near
ly every one of these attempts to de-
preciate, t. e currency, originates
among the spectators Of that city,
and also that it is the headquarters
and rendezvous of the agents of the
rebellion who hive and plot there, it
is the height of audacity that they
should attempt to shape the legisla-
tion of the country. We believe this
Republic powerful enough. and the
people of this Republic patriotic
enough, to stand rise in gold of four
hundred instead of two hundred and
thirty. Let US contrast our condi-
tion with that of our forefathers in
the Revolution We are constantly
of the mass of continental
money left upon their bands; and to
this day there are households in tue
old States in which are preserved as
of that period, bundles
of valueless continental money; and
yet these "reminiscences are reviewed
not in reproach, but in pride. They
are looked upon as so many proofs
of the sacrifices of our lives 10 the
common cause Had our forgatkers
any such elements Of aceolh, ony such
securities for their national currency as
ace, their children, hare for ours? At
that time the manufacture of cotton
was in its infancy. The South it
self was an outlying country, scarce
ly inhabited, and populated by men
on the North. Whitney
cotton gin itself had not been inven-
ted. The revenues resulting from
our public lands were unknown
There were no railroads, no locomo-
tives, no steamboats,, no electric tel
egraphs, with all their unending and
countless products-product not sim
ply in money, but products of every
other description--and with all their
facilities for opening up and devel-
oping new regions. Nor had our
a California, with its
mines, so inexhaustible, that imagi-
nation cannot count the end of their
resources. Although iron was dis
covered, it was not calculated in the
list of the national resources, and
coal was only looked upon as curl
Gus and valueless mineral. Now we
have these and other inestimable pro-
ductions of the soil upon which not
only to base our present prosperity
but our future safety. With these
we can conduct a war the end of
which will give us back an entire
country, to crush the rebellion and
destroy slavery, and redeem every
dollar of paper money issued by the
Federal Government. We have seen
individuals escape bankruptcy within
the last five years; we have seen
whole States on the verge of ruin,
and absolutely plunged into ruin; We
have seen officers, directors, and
stockholders of railroads in the Wes-
tern States utter.y impoverished and
III -ir bonds selling almost for moth
ing, and yet within thstspace Of time
these States and companies have re
covered, and now land indeed before
the present expansion) they are af-
fluent, profitable, and prosperous
What lunacy, ,athen. to suppose that's
great country, resting upon such a
basis-resting upon rock compoun


ded of the confidence of the people,
of the gold and silver, copper and
coal, of land like ours-should be
damaged, much less destroyed.


Chronicle. s.f f5.sfi d,