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;,■ /\#% L &• ^ t c Volume XXV. PATRIOT. TO . \.v GrKi±)lC^ S30XiOTJaEL, ^GA^MKEIR, 13, ises. iror. • ■ ■ i bat oai ii1 aiicia 1 ■ bl :- ' v . L;t o reflect on t!io lollowingsug. I. Oar Government retains in its i hands the power to lax every dollar th;;t it has issued. Tin* power renders the bank-ruptcy of the Government physically im-possible. JLet our people beware of an untaxable debt, as is now proposed in certain quar-ters. If the Government embarks in the piun ol issuing untaxable bonds, the war need not las^^grcat while to make those bonds the master of the Government. They become u debt of ibo highestmdignity in administering the assets of the Govern-ment, and must ho paid in full, although all other croditorsgat nothing, or repudiation is justly chargeable against the Govern, ment. CoogresB should not allow them to go lor less than ten for one. Indeed, the issue of such bonds becomes a pure specu-lation between the purchaser and the Gov-ernment. Jf at! the issues are taxable, thoy will ail abate, like other estate, in supporting tho Government. If the bonds now out are to stand as tbey are, and ajjoew set, untuxjible, are to bo our future issue, the new net will soon makotheold entirely wr.rthloes. A taxable debt is modest, quiet aud tuborJinate. Untaxabie, -t is defiant and domineering. It makes its holders, domestic and foreign, the masters of .the people and the Govern1 ment, the absv.ute lords and prer,i-i,>ior8 of every estate in the land—an exclusive class, having all other classes bound hand and foot. 2s'or can this be remedied .by converting the whole debt of tho Government into uo-taxable bonds, as some havo suggested. This nouid make tfco evil tbe more gigan-tic Even our present debt would place us on the verge oi irretrievable bankruptoy, if untaxable. England reduced her debt one half. A tax ol one, two, three, four or five per cent, on our debt is within the power of the Government. Lot it not, theu, assume any airs in the presence of its matter. But I assert further, that if the debt bo taxed only at the same rate that other estate is taxed, then even it is not formid-able, and in that case national bankruptcy ie next to an impossibility. Suppose tho war were over, and the debt "i tbe Government were so large that u lax in one per cent, on it and all the oth-er estate in u>< land were noeessary to pay . on the debt. yxmt owl jAe and be in circulation urnpnpikem,and I do iltethmk thai our ■- ' » pie would be any !c*j ahta to pay ' , ,:,■ ,.,;•£ tf»attba pre^emdebt. WhyTBjm.. r «t down « ".;.... ,.,... , - > hv the Govemi u >t **:'_._■ Jii-.'' I!fl;.£L:-- Number 1,275. - n*.^- -.- ! by ti.e Governi I 2 mone: on amin| I .e little funking, and! , j£ ?.,« ctmntry> unt, every branch of trade i- the lito m „JJ^ ,wwav ran apa hundredfold. rcs-tbe il (be • 11 ity in every branch the currency, and that if these several call-ineshad not existed so as to give use ana employment to the money, men would now be seen lighting their pipe* with ten dol-lar bills. The proposition in England to put down the trader, broker, speculator and auctioneer whenever war breaks out, would provoke a smilo of contemrt. IV Simple taxation is the only possible remedy for our present situation. Any other is but an attempt to lift one s self by tho straps of his boots. Let Congress at once pass a bill collect-ingfour hundred millions at the end of three months, three hundred three months thereafter, two hundred three months thereafter, and one hundred three months after that. Thus one thousand millions would be taken in one year. Tho passage of the bill would start prices downward and keep them going down. Supposing the present expenditure of the Government to be seven hundred millions, I think that such a tax bill wouid reduce it tc five hun-dred millions. Tho tax in kind, supposed, at its passage to be worth one hundred and thirty millions, is now, at advanced prices, worth at least two hundred millions, lake off that, and we have three hundred nub lions expenditure. Under the tax bill proposed, the Government would, there, fbro, a; the end of the year, havo out seven hunu■•■•'■ millions less than at tbe begin-ning. Flow would then sell at twelve dol-lars a barrel, bacon at twenty cents a pound and other things in proportion. i propose four, three two and one in or-der to reverse the order of spending. Let us return to a healthy standard by going backward in collecting just as we went for-ward in spending, thus doing, as little vio. lonco to society as possible. Such is ray plan. After staling it I need not say that 1 am not a candidate for Congress. Yet I say with confidence that its execution is entirely within the power of the people, and that their true pecuniary interests im-peratively demand the immediate adoption of it, or some other equivalent to it. Let u- think aiid reason on tho matter. The money spent by our government has been ex hanged pretty much every dollar of it for the products of cur labor. Most. . should in Chat way run Thedebtdee by the Government is tiug as a mortgage en every estate in land. The .distance of it is that every man owes his neighbor and his neighbor owes him. The Government has needed the sup. plies, and has sei.t out its due bills or or. ders and got them. A just tax MB :s nec-essary to equalize the quantity of supplies of each man in furnishing tho Government. The debt due by the Government i» tun-ning at six, seven and eight per cent., and much expense besides is incurred in the mere floating of tbe debt. Herein lie6 the pecuniary interest of all tax payers in pay. ing out. . , It follows that it is not material to tne Government what is on the face of the pew per which it issues, provided'tbe paper cir-culates at home. ,, Why, then the great distress in tho land I I answer that tho distress in the land is confined to those who livo on fixed salaries and others in similar situations. A ip« n , whilst ;>aid t > the an.i\ has b ' ep< nl ii the a I tin rn or their families at , • man ■††i that aa the Lax .i i i debt, ffay either by ii ■ • n debI • •' ion i |>c itnark d, tbal as ",..-■ home! ' .-• : • " ' I . , he mone wi r-clear . ivi Hi I ! i n-hi .._, witiiii tbi .... II ■ inn -.■†† up I I i ugb to i -.., .n. 11 . i . i' ar • in t'u . • . j •)■•)• ,. ... > . ,. .v i..x in . cent. .•-. <i< , i . i ..- ca tiio whole in th >< j ieasi, under thi control ol the Government. hot tho < rover imoat embark in tho sys-tem of untaxable bonds, and unless peace comes quicker than any man supposes, tbe taxable bonds will soon be seen to be worthless, the untaiablo will grow boyond the sustaining power of the country, and the finances of tho Government now, in my judgment, entirely and easily controlable. will go to confusion and utter ruin. An untaxable debt, grown so large that land and negroes can do no more than support themselves and tho Government, turns loose slavery as a matter of interest and annihilates tho value of property. Such a condition, or anything near it, would cause the debt to f.e thrown overboard boyond all question. 11. Prom tho foregoing it will be Beew, 1 think, that the system of funding in bonds not taxablo is not the true interest or poli-cy of the Govermont. I insist next that the funding system generally is not answering, and as wo go further will more signally fail of answer-ing tbe expectations of its advocates, and this although the people might fund it as fast as Mr. Biemminger might desire. In the first plane, the turning of tho notes into bonds does not sufficiently les-sen tho amount in circulation. ^:i.ce the bonds go oui and pass from man iv man in the transactions of society somewhat as readily as the notes did. I understand thai even at tho bars of liquor houses, tbe counters of merchants and hotels, it is com-mon to give change for bonds- In iargor operation,! they certainly play their part. And in the second place, every six months the bonds hatch anew brood of treasury Dotes, which, in their turn, be- ;" . other bonds ; and so they mutually "go getting" each other. The funding systom already costs some twenty five or it irty millions a year in tho way of inter-est, and if the people had funded as fast as they were desired to do the amount would bo fifty in-tead of twenty-five. In :; year or two these additions of in. tercst will equal probably the amount of tbe bonds permanently withdrawn from ulation. 111. •• Prohibit by law the running of tho - ■' Ami I ho numerous remedies for our • ■† i. been! oo K - tba •--'• the |>e- f 1 with precisely the eame things with. They ill! ;, wouid depre-ciating currency has reduced tho soldier's pay from eleven to one dollar a month"; and the pay of the clerks, and all others who live on salaries in the same way. Add to these the laborers for hire whose wages have not kept up with tbe times and there is oo other class who cafi complain of dis-tress. Now, it happens that all these per-sona pay but little or no tax and that tbe collection of a heavy tax would benefit each and eiery one of them. From the drift of events, it may be aafe-, ly laid down that all persona living on fixed incomss, in every case, are being pinched ; that, counting the army, there arc so-rc five hundred thousand employees of the Government working lor pretty much nothing, and all this labor lor nothing is a bonus to tho tax paying people. It further follows that the JN'orth and South aro not spending about equal amounts in the war, as the face of their debts import. The North is consuming several timea thu supplies in kind ibo South does, and this is the only true tost. To conclude. We all are in debt. Let us •get out before a new order of things or a new currency \* introduced. Lei the Cov-er: ment lay off each man's share to him- II " him pay out. My plan; will i.- u^- pi 'ces to oi.o .Tenth ih. .resent i ite. if this were done, every man in tho mid n tber give up t«e other . i . - :i pid as most i i . : - the m >st ox- . , that i ry arti-e. i ills at loo iia?s partec i.hat they now have parted would in that case see what tho war has cost. It has, in fact, COBI them just that much now, neither more nor.less. The farmer worth before the wfir hfty thousand dollars is not worth that much more by sevaral thousand. It is a delusion for him to suppose himself worth two or throe hundred thousand. How he can fancy himself richer than when the war be-gan is unaccountable. What is the cost of the war ? So many millions of dollars says ono. A more erro-neous reply could not be made. Tho true cost is so many bushels of wheat, corn and peas ; so many head of horeos, cattle, hogs, and so on. Suppose the whole South, money and all, belonged to one man; he could, of course render to the government every dol-lar now out without adding to the wants of his people. Suppose it all belonged to one-thousand men, one half of whom held all the money and the other half none. The first five hundred have, of course, enough to pay their own taxes, and enough also to furnish their neighbors the requisite sum to pay theirs. How did tho first class get tho money / By parting with property, (cotton, bacon cr corn, for instance,) in ex-change for it. The second class can get the necessary amount by doing the same thing. Taxes aro imposed only on proper-ty. 1/ 'he second class have parted with uon« heretofore, it is time they had done so, far no peoplo can carry on war without dimi&hing their substance. Tharo is just so much, and no more of tho necessaries of life in the South for the use of tho people. They will uso and con-sume thorn any way, r.nd the drawing in of seven hundred millions, or even the whole debt of the Government, would not diminish tho supply of the necessaries of life at all. If our people can support a war on the credit of their Government, themselves be-ing tho creditors, it is by that fact establish* od toacertfinty that tbey can support it us il goes on without any credit at all. Na-poleon Bonaparte ruled France ami fought Europe twenty years and,except now and then despoiling the conquered (oo, the , cntl'.sof Lit i. ;uro itj sinco, I 2es, if ho ! unt bus i I hi a o, ., ..-....;. ,..-> much, and tho-i*R«»r .... ild bo bctiet'rci .... ... .... .: .. • y tl ineuii) . • ! ■ can ;■ II a" I ■ :. . ii g t.t:d then " ot! . - : .. in'' .'■ i ..-.■■- i ■ ' ■• i,he avcra e. Were I working at a salary ' thousand dollars a year from the Gov From ::>.• K: ilimoni) ELI -:ain:r. A iIU.H.Mu:,"L) BAKBBH IN NEW YOiili.. HIS ACOOCNT Or . MATTKES AND THl.NOJ IS ' DIXIE. "TftiB very hltBreteise colored barber from RidBfltendy* whoBe%ifV!val»in Wash. lDS ' • ^ rev*dau'ondofl]feinBiuh>- mond were rKSght o*. su«cie.il impor-tance to be- tele^ntp^d to the New York Times has turned up in '.>»££ity with "a Randkerchiei tui' of Jocks of n»;r ehorn from the herd- ol rebel notables, IURIM ^j in the course »f business," and has been doing a good streak of trade by selling there to 'ho fanatical dopes.- A special meeting, to receive bira and hear his storieu, wnj held in the basement of Cbecver's church. Reporters were in attendance, and tho par-ticulars are given in a copy ot the Tribune, of the 28d futero, which was forwarded to us by an obliging friend in tbe Signal Corps and received at a late ho:; last night. We have room only for a few-of tho most rei markable passages: Quito a collection of prominent Indies and gentlemen wore assembled last eve-ning, in tho basement of Rev Dr. Cheever's church, to pay their respects to the very interesting colored barber from Richmond, whose arrival in thit- city has been antici-pated with so much anxiety. Among the celebrities present, we noticed Mr. Grcely, of the Tribune; Mr. Raymond of tbe Times; Mr. Stephen Pearl Andrews ; Miss Dix ; Prof. Fowler; Mr«. Kemblo; Dr. Hodge, of Princeton Seminary; Dr. Guernsey^.-ii Harper's Monthly; Rev. Dr. Pyne; W Cheever, Mrs. Swisshelm, and others. The meeting was opened with prayer'"y 'the Rev. Dr. Cbeevor, who then introduced the distinguished guest, Mr. Jupiter McPar-ir. a.i, a tall balmon coloured gentleman, about thirty years of ago, quite handsome, with intelligent black eye's, hair almost straight, and a decidedly; pleasing address. After shaking hands w'uri the principal personages, Mr.McFarland, who has in his veins the best blood ot Virginia, stood up in the centre of thu middle aisle aud answered, in an audible tone, the questions put to him by Dr. Obeev(& and others.— His education being imperfect, Mr. McFar-land's English was not elegant; but his melodious tones and his frank directness of manner made him easily understood. We pass oyer tho incidents of his escape, which are minutely, and no doubt falsoly, narrated, and como at onto to the impor. tant questions and answers, as given by the reporter, who makes a feeblo attempt to imitate tho mulatto lingo. "Question—Aro you acquainted with tho rebel leaders?" "A iswer—Yes sir, intimately. They comes regular to my sb »p to gtl shaved." JMinrM •omier part. And '.. li^i.u gtiuie isy. • Aiis*or-Ho4 U. I forgot dat. Well. Written for ih. Pttriet. - it .• i-tho women i^bvut your bight, some i TO MISa MOT. •i ■ Si! n. by Hr: P-ar! Andrew-, So, •!„ That chance m life, changeable m av. . ...., >r,.zed state, 1 imrig. , xh«. *iv. frw, tp, u^auT itae 1 ,,-^l7'- . .1 that way. Sii.ce *ar br k rriners baa j-iit wncn R.-letand <Ji«troM ny s^rit opp ■'■'■- ■' -. .. lm Keys. The thought o'a tiny hoqu-t efjoesti .n [J f Mr. Ravmond—liow long ' Will qefefcfa jn,r,r. %'wm (a my heart, dolherebektl.ir-.ktho iarwill lastr And drfr* ev*rr mrnble awnr. "Answer—Al/,mt fivo and twenty years,' unless t'rio dour and meal giveaout." "Question—I suppose they hate r.3 hoar-folks. If they cav«.a> in the street, trying to ehoJcaa than the grown iy of yeur men 'em down, and takes' i°^e'. ^ ■>ack yard of the cullerrd folks jail ani" *10 oulldogs and blood-bounds into 'em left1 .hey tears 'em to pieces. Capt. Alexan-dria at the JLibby has got a big bound that has oat at least two hundred prisoners alive But they never let this be known. (In-tense indignation and excitement among the ladies.). "Question—Money is very scarce in Richmond, isn't itf" "Answer 1—There is a plenty of it, but it don't buy notbir.', because tbe govern-ment ainl got the sense to manage its bu-siness. When I was in Washington, Mr. Chaste lai-fed at brother Secretary, as he called him, and said he could wind .bitn around his little finger. He bad been pat-tering after bim, but that had just brought him into tronbls, for the two countries warn't in the same fir at all." [This financial revelation of the Rich-mond darkey was bailed as a positive proof of tbe great intollocual capacity of] the African, and eiieted m-.ny compliments ■ from Raymond. At least this is what tho j Yankee reportor says.] "Question by General McCtollan, who \ had just como in —How many troops are ' .there in and around Richmond '(" "Answer—A good many. There is the j Armory Band, and the City Battalion, and Gen. Brown's horse company, and the militia, and about a thousand hundred nig-gers." "Question—Aro these negroes armed ? "Answer—Yes sir. They make out like lost yrtct.-Hs oo^tt**, as lima tits away, I 11 fondiy remember lorever : Nora*ecM«a*c«tJMd«ii««»tr*«« «^— Engraved on ray hoa. t by ike Jfwtr. la the white r>ud, I ween, is purily teen,— In the red om* affectvin most J>«rr, 1 AnJ'be leaf ot jrrani ;m, so fresh and so gram, Says my luwt is both romtaiU and i»rt. : • R. ^"~ -*i*T, N. C. Oct. *tUi, IMS. Written . A MOTHER^,^^,1- Father: in the battle fray, Shelter ait dear held, I pray, NerVe his young: ar%i with iha might Ofjustice, liberty and right. W'herq tie red hail deadliest falls. Where ataruduiy loudly caffs, Wuere the strife is nerce sad wild— Father, guard, (> guard my child. Kaluer, if my woman s heart— Frail an* weak in every part— Wanders from thy mercy seat, After those dear roving feet, T.ef ihy tender pitying grace Every selfish thought erase ! If this mother's love be wrong. Pinion b'.'tt and nuikr pit filing ' If new sorrow $houtd htf,ilt. If my noble boy thouUi fall, If the bright l.eid I La\-- blessed On the cold earth finds iis rest— Still with all the mother-heart Torn and quivering wiUi llie "mart, I y/-.' I iitn, 'neatL thy chastening rod To hitfovntry and his God. hundred JUC ernneent i. would give up nine it to see this biil passed. The money stands at ten for one. Shall wo freely J ield to the cause our hearts' blood, in th'.^ veins ol our yallantboys, and yet grasp Ibo trash in our pocket-books'( Shall we irailate the neighborhood which I have heard of, where the ladies all frcoly gave up their husbands for the infantry, but refused their carriago horses for the cavalry ? Such are my thoughts, thrown out has. tily at ono silting. 1 havo only tried lo suggest food for argument in other's mir.ds. Think it all over, my countrymen, and yen will sco that our national finances aro still on dry ground, ar>d there is no room for de-spondency ; let alone despair. I conclude by saving, let us all get out of dobt. |"1 reensi»oro' Mutual Insurance Co. PAYS ALL LOSSES PROMPTLY ! DIRECTORS: John A. Mebano, Cyrus P. Mendenhall, David P. Weir, James M. Garrett, T. M. Joues, N. H. J>. Wilson, David McKuight, M. S. Sherwood, Jed. H. Lindsay,' R. M. Sloan, C. G. Yates, R. Sterling, E. F. Watson, Watsonville; A. J. York, Concord; B. Craven, Trinity College. orrtosBS: N H. D. WILSON, President. J.il». II. LINDSAY Vice President. JOHN A. OILMER, Attorney. . PETER ADAMS .'. Sec. andTveas. N. H. D. WILSON, i CO. YATES, > Executive Comm.ltee. J. M. GARRJiTT, j _ }j*?" All communications on business of the oilice should be directed to PETER ADAMS, Secretary, gg_Y Greengborough. Edge«ortIi I'cutate Seminary, GREENSBOKOUGH, I>. Will ■ \ i ... •■ .. 1 iur blockad , I v ... i la ii g we :- all wake UJ sonu morning and ind the ckade fleet ^one. Of course tbey where they pleased after the ge - f the law. In such a case would Con; lo tight to let tho law stand? Suppose tiiHt without moving tbe articles uId, by magic, change our extra to- I and cotton for their vaiuo in. shoes, i, and other like articles. VV . • ••> s do woll to do it ? c'ut offpart of the supply and the price ted him as be i\ .■■.•, ; lid i .-...:■ †'. . . -. .. i. .! .... .. I close, aud .. .. . ■ PI 1.1. T, JCs The fall session of t'As Institution on tho 4th of August next. Terms for the Session of Twenty C. commence ■' '_ Week*.—Board, including washing, lights, fuel, &o.,$ 220 ; English Tuition, $30; Music on the Piano, Harp or Guitar, $30: Vocal Music, $12.50; <*il Painting, $30.; Drawing, $12.50; Grecian Painting, {15; Ancient a:: 1 Modern Languages, each, $12.80. For further particulars, apply to , ItlCHARD rERLING, I rn iway. . : ■ • ■"■† ■'■■' ■ ††■' ' ■• -'h ■ I, ■† I - ; . ■ " ■ ■ • ■' i [ purchased 1 it Ui . , ... i i ,. • Ij . - •.--. -1 - •' ■• Joi iah : Ii ' : ' irk bro '♦'Quostion^J II of them V "Aiiswoi—&.II *cept Mr. Benjamin and tbe ' ' , is bo > busy." •■(... i • " - . . .i :: Davi eome V ■■:■. ■■† \ : —Yes, bo is CM fd'-t one, ever) nloi ay ; ,J' a ^"fninri la i I ■ †††... .\v . , -. Ion* I curs i io .encohc ]ii i irch, but ho in potty ambunk ■■ • lei he can't git no good legais Ii •(.. Cubj I J smoke " «•(._-,.. , i n—Do the pecplo 'ike him?" «Ai Bwer—Some on 'em doea and tome in'cm doos'nt. Them that lives in the Departments sware by him, but the rest nays ho appintS moan Gen'rals just to spite ihe people." '•Uuouion—E.is Cabinet fear him very much, do they not?" . "Answer—Well, as for Cabinet makers, j thar hain't but mighty tew lelt; most urn era bavin' took to making coflins." (Sup-pressed laughter.) "Question—There are a great many-deaths in the city, then 1" "Answer—Yes sir, wo has berried nigh into four millions of 'Frcdrit soldiers ninco the war begun." (Sensation.) "Question—Does Jeff. Davis get shaved everyday?" "Answer—Ho, he gits phampooned, ana then he sets in a cheer, smokes, and ppitt* about, and talks polit'cs to his friends." "Question—What other persons come to your shop * "Answer—Mr. Letcher comes to git his hair curled and so does Mr. Seddous. Mr. Memminger and tho Press Gen'ral, Mr. Northnp, they comebto git their mustaches confurned, and batce* together." "Question—You don't mean to say tbey bathe in tho sumo tub at the same time!" "Answer—Yes, I do ; tbey washes ono another with castile soap. They is great friends, and play h.to each others hands, "ttucaiier.—How do they do that V ••Answer—Why, Mr. Memminger be makes money accordin' to the claims oi the Press Gen'ral; and tho Press Sen'ral, he is a fierce old man ; h* say ho bedam it he air.'.t going to press everything the people raist ioeat,so'sto make expenses ugnt. '•Question—There ia great scarcity ot foouMn Richmond, then?" , "Answer—Yes; people dies every day of, starvation." ' • •iOoestion—that's the reason there are j BO many mobs ot women ?" "Answer—Not adzacblv, for de Govern- | ment is afraid oi their risin', like thoydid last winter, and so tbey gives em plentj but it's mostly -lie rich planters (real home and THE BIBLE AND SOIENCB.—Lieut. Maury, at the laying of the corner stone of tbe tbey was working on the fortifications, but I University of the South (which by the way they has a* many and good arms as any- wafl BetQn foot. Bj(jh now«Lieat. Gon. body. I seen 'em." ' r "Question—Who commands the whole i olk) sai<1: force." I havo been blamed by men of science, "Answer—I haint sartin for sure, but j both in this country and in England, for I expect Capt. Frooman and Gen. Brown, \ quoting the Bible in confirmation ot tbe tho President's fust eassin." ; doctrine ot phsyioat geography. The (Here, says tbe Tribu.ie reporter, the Biblo, thoy Bay, was not written for Hcion-imporlanl parl ofc overs ion ended, and tific purposes, and is therefore of no au-tfr McParland rmeAed bis handkerchief thority. 1 bag pardon; the Bible is au-and disposede alotof hairtrinklets,made thoritjfffor ev-erjttbiog a teeebee. What lary excrenenco of ; aud female, wi'om att^ led i:. his the he ca. : tree- 7ui of the <■ a] i joted rebels, i barb?r. ■' - ;«..-• [rid itifttl »arm< ^y. ' "•/■ Grreoly at S40. Bi tcolei i tad A 't.o bair •»f otbersecesh belles i »!d it i able rates, bat Mr. McFarlnnd must aetted betwen $300 and 8-100 by I he nighl operation! with a **few more left oi eetly lark have th) same sort," which may fc had on applica-tion to him at his lodgings with Mies Dis, Tbe doxol-would you think of tho historian who bhould refuse ..t the historical facts of ;':c Bibl ' i bo !'. ble was not written for th" pur e of history ? Tho - ■† is true ; und rely upon i:, ; . . . . • . v neB1 0f |)irt records, b • ' who e«3ayn I .;,.,.-.:-. sh be does not under t:.i •■ When I, pioncor in one department ot this beautiful .science reflecting light upon each other, and each so laming the other, how can I, as a truth-loving, knowlodge-soeking man, fail lo point out tho beauty, harmoniously.) very stones of tho earth would out against mo. As a student of j hysical gtocraphy, 1 rogard the earth, sea, air and water pieces of mechanism, not mad«; with bands, but to which nevertheless, corlain offices have been assigned in tho tcriestinl economy — It is go. d and profitable to Beak to find ->ut these offices, and point ihem to our fellows ! And when after patent research, lam led lo the discovery of any 90S of them, I feel with the astronomer of old, as though 1 the genuine notes of ihe old issun have been redeemed ^&d ula0„gbt 0nei-l'God's thoughts, and and car.celled. _ tumkla " On the24lh of Aujusl, 1863, vre le*rn. a Regiment tromoio. from Pennsylvania took forcibly from tbe vault in Klixabeth City, a large amount o." the- OLI> ISSCB of said Kan!: which had been cancelled and winch d°S:,!;:Sir;PanCb 1*^.. preecrfp'tio., mat wcu.d_re,.oro hi, body to t^aitliun to BaskorN, Brokers and .' ©IhcrH.—The public ar« hsr.-by caution».l *.Minst ieceivinganyof the OLI> Issrs cfth- Far-mers Bank of North Carolina, .specially any notes that are at all mutilated or THAT r wi WSEH PASTED. HOW TO KKOW TUB OLU 1S8UI. All the ne-s issue of th'.s Brtik b. vs " GKIBMBBOBO," printed in large letters on the face and a-e rigned 'Cyrus P. Mendenhall. President" and '■ W. A. Calawell, Cashier" and all other i..itesof the Farmers' Bank of N. C. KOT SO BIASED anu printed are OID is- SDM and Bhould bereceived with caution, as most of BSARCB Of Harmtm--A wealthy epi-cure applied to an Aia'.-ian doctor for a tingelch0noteWwTthUruumb"er"of l"o'les"one"'fourlh of health and give happiness to his mind.— BD inch in diameter which is obvious tsthemost 'pbe physician advist-d him to exchange casual observer.where the notes havs not been further ghjrls ^,it|, a mlln wn„ A«n perfectly con-mutilited or pasted. ... tented with his lot. Whereupon tho pa. ^arisssxttiBSJttSjr a-. celled and some of tho geruine beeu stolen witii ti.e cancelled no tares »o doubt will be attached te them. Persons having ofthe o!! is=ue not canceded p!ea-:« present it and receive now issue no,-- ofother .'tanks as they i"-':-' Vrt '■ Bv order oftba Hoard of Directors »• N (: 2- .Sop:. 1863. CYRU8P UENPENHALL, Praaideat. W. A. CALDWELL, Secretary. 68~:!u> (H rCl£\ BEWABD-t<r tbe arr-st ofwhe &>9UU thief and the recovery of twenty-ore boxe* of Tol acco or its value. Each box n branded iu bluele.ters, " W. F. Fhppen, the I ri.ie of tbe west, Danville, Va.," *ad was loaded by us «n the 27th of September, 1862, to a man catlxng impre«i°ior.^ havimg a person. Alter manj ii 'ii. us spent wnn-o: es, rpurious*igna- oat accomplishing hii et, be wes told of a certain cobbl. r,< ni every on* had or the spokeaasamddelofbapj Pursuing the directlpo «iven, tbe traveller was nt C.reer.sboro' h'ng'.h reviurded with tba ■■ i.tof tho cob-bicr enjoying a cosnibrlaolc nap on aboard. Without cermony bo was arousod from bis slumbers and the important interrogatory whether ho wts contented with his lot was answered in the aihrmativo. "Then," naid the seoker after happiness, 1 havo one small boon lo ask at your hands. It is thatyoa exchange shirts with me, tbat afassffT F King, to'bedelive.e.l to J. & t. Garrett, by that moans I nl«3 may become content- Greensboro', ». 0. This n:ar ha I a I wo horse wagon c,j id a one horse wagon drawn by and happy." «'Mo*l gladly would I accede to your ro« nt il drove away wishes I <r the want ol of money, lost that's been CVi rvtiiinsj thai p< ethin?tocat,aod is 'shamed to say som I aud pro onged . i; an i , ' :ib<' :'. it. [L, driven by a negro, ai •^Sw;?alorV.^r,o,.| .fee. 7a, ; .. ioa.lt! with il ur ana :, ick on 8 qoest," replied tho cobolcr, "but— ik "Nay, refuso me not," interrupted tho asms '] ... E.i ile-. I, ■-.■■' '■ - ...... . . '.. ii in the a uatry In .J .. . ■ ■ ■ .soy ilr. '■ ■ eoly-flow about the . ■ • • - . - : .- it now. i d • dark. He sai b ! m .. ., ........ - m;-. 0 .. ■ † i • : f. i 6B .the! • I ■ ■ † ■†' ■ ■■ . " .i . ixacliy his pi o, -.. u ot tbu . . 8 |' ...... ■■ i, a ' ": ' ■ . ■ i ..... ... : d.US ',.-■■ . . iC.'i " : ' : si ' ' " ■ . •' ' • •• • ' •■' ' in - ■•; - • ..-* -• .... iilT 1 ;k . I will ] ■ rei • • duo by the Government, •■. .thing is plainer than thai they might all tear it up and no ono of them wouiu bo injured thereby. And it is also clear that the substantial comforts of life would then bo just tbe same as before. Let me go a stop further. Suppose that every dollar now due by the Government were suddenly, by magic changed into ono hundred. Let it all in that event be bold * . . , Orders will bepr ■ : ,,. ..'. ... ; nd aU workwarrantcd for 12 montbs,i i fail usage. r Hav twent sell' and quality. Call aud examine for y_ Shops on East street formerly occupied by .j. ii. Armfield f'i'i.om ' '' C' . .,. ■† .Ytfoms- ' ' . . ■■•—• - ... ... more ui he largest ■ lu Je town ol tin -. - shall e ■ •; '- ..r bier, "bu - ■■ "Bui —t >c .i " ; » PATRICK, i lie. V.i id 'I. ■† eob- I.trt.' ii. ti e form -. . -.1 is »P' - a ti ■■-'- ti-1 •' eted .- izi. - ■ ■ - .i ■■ It • - away with I ■ I . • w ' ■t wt-.g and reducei milee -^o\-~ the City of er.-tf L~ eskd ! i^ead! t—The highest cast price paid" for lead in large or small 49-U" quantities. A; P. ECKEL. i hve ■ ■:;;■..:.■† <fitiM Di*-»«.. «. a great, many low women in me city, are ^."rSw/rll don't know o -^ •»-" »MissDix, int< rrupt ng.—1 --:" •' -r ■ 3' ter, not your mistresj; i ■ ='- >ou *UL free now.'' to a n i" R isle arraated to I •-, « as good as I I a call Ml to deal hbsji an-. -'-'-:e IJ. a." -»aA ii AM * CO. Ij6—*.f ■ ■ ■ . i i s A. be ■ †" --- '- -'" . . j ■ - • we are i sc • ij . taken in ^- t BIJ ■ i i seplO •j. bushels ca- \ WILLARP, Greensboro', *• C. A It ..■ of a ■ ■': ■ . ... ■ '. -%v do yi md there s ■ pack • oMo* ; do you take i "Faix, ' answered Ol • ' •rn» J think tilll saw I levil p' »* bead ou: bi the windy '■" ■†† : of IJ i Id. . .. r diafS d .w, .. . r. - te I ' • ■'•"!:— H n nack of his U I SSsCftS.—Grain |J| | .ty for sa*.» ><f ,., rtu—Arc things thi latimes taken from tbe pinions 01 ono gocae to spread the opinions oi another.
Object Description
Title | The Greensborough patriot [November 13, 1863] |
Date | 1863-11-13 |
Editor(s) | Ingold, A.W.;Clendenin (no first name) |
Subject headings | Greensboro (N.C.)--Newspapers |
Place | Greensboro (N.C.) |
Description | The November 13, 1863, issue of The Greensborough Patriot, a newspaper published in Greensboro, N.C., by Ingold and Clendenin. |
Type | Text |
Original format | Greensborough [i.e. Greensboro], N.C. : Newspapers |
Original publisher | Ingold and Clendenin |
Language | eng |
Contributing institution | UNCG University Libraries |
Newspaper name | The Greensborough Patriot |
Rights statement | http://rightsstatements.org/vocab/NoC-US/1.0/ |
Additional rights information | NO COPYRIGHT - UNITED STATES. This item has been determined to be free of copyright restrictions in the United States. The user is responsible for determining actual copyright status for any reuse of the material. |
Object ID | patriot-1863-11-13 |
Digital publisher | The University of North Carolina at Greensboro, University Libraries, PO Box 26170, Greensboro NC 27402-6170, 336.334.5304 |
Digitized by | Creekside Media |
Sponsor | Lyrasis Members and Sloan Foundation |
OCLC number | 871562495 |
Page/Item Description
Title | Page 1 |
Full text |
;,■
/\#% L &• ^ t c
Volume XXV.
PATRIOT. TO . \.v
GrKi±)lC^ S30XiOTJaEL, ^GA^MKEIR, 13, ises.
iror.
• ■ ■ i bat oai ii1 aiicia
1
■
bl :- ' v .
L;t
o reflect on t!io lollowingsug.
I. Oar Government retains in its i
hands the power to lax every dollar th;;t it
has issued. Tin* power renders the bank-ruptcy
of the Government physically im-possible.
JLet our people beware of an untaxable
debt, as is now proposed in certain quar-ters.
If the Government embarks in the
piun ol issuing untaxable bonds, the war
need not las^^grcat while to make those
bonds the master of the Government. They
become u debt of ibo highestmdignity in
administering the assets of the Govern-ment,
and must ho paid in full, although all
other croditorsgat nothing, or repudiation
is justly chargeable against the Govern,
ment. CoogresB should not allow them to
go lor less than ten for one. Indeed, the
issue of such bonds becomes a pure specu-lation
between the purchaser and the Gov-ernment.
Jf at! the issues are taxable,
thoy will ail abate, like other estate, in
supporting tho Government. If the bonds
now out are to stand as tbey are, and ajjoew
set, untuxjible, are to bo our future issue,
the new net will soon makotheold entirely
wr.rthloes. A taxable debt is modest, quiet
aud tuborJinate.
Untaxabie, -t is defiant and domineering.
It makes its holders, domestic and foreign,
the masters of .the people and the Govern1
ment, the absv.ute lords and prer,i-i,>ior8 of
every estate in the land—an exclusive class,
having all other classes bound hand and
foot.
2s'or can this be remedied .by converting
the whole debt of tho Government into uo-taxable
bonds, as some havo suggested.
This nouid make tfco evil tbe more gigan-tic
Even our present debt would place us
on the verge oi irretrievable bankruptoy,
if untaxable.
England reduced her debt one half. A
tax ol one, two, three, four or five per cent,
on our debt is within the power of the
Government. Lot it not, theu, assume any
airs in the presence of its matter.
But I assert further, that if the debt bo
taxed only at the same rate that other
estate is taxed, then even it is not formid-able,
and in that case national bankruptcy
ie next to an impossibility.
Suppose tho war were over, and the
debt "i tbe Government were so large that
u lax in one per cent, on it and all the oth-er
estate in u>< land were noeessary to pay
. on the debt.
yxmt owl jAe and be in circulation
urnpnpikem,and I do iltethmk thai our
■- ' » pie would be any !c*j ahta to pay
' , ,:,■ ,.,;•£ tf»attba pre^emdebt. WhyTBjm..
r
«t down « ".;.... ,.,... , - > hv the Govemi u >t
**:'_._■ Jii-.'' I!fl;.£L:-- Number 1,275.
- n*.^- -.-
! by ti.e Governi I
2 mone: on amin| I .e
little funking, and! , j£ ?.,« ctmntry> unt,
every branch of trade i- the lito m „JJ^ ,wwav ran apa hundredfold.
rcs-tbe
il (be • 11
ity in every branch
the currency, and that if these several call-ineshad
not existed so as to give use ana
employment to the money, men would now
be seen lighting their pipe* with ten dol-lar
bills. The proposition in England to
put down the trader, broker, speculator
and auctioneer whenever war breaks out,
would provoke a smilo of contemrt.
IV Simple taxation is the only possible
remedy for our present situation. Any
other is but an attempt to lift one s self by
tho straps of his boots.
Let Congress at once pass a bill collect-ingfour
hundred millions at the end of
three months, three hundred three months
thereafter, two hundred three months
thereafter, and one hundred three months
after that. Thus one thousand millions
would be taken in one year. Tho passage
of the bill would start prices downward and
keep them going down. Supposing the
present expenditure of the Government to
be seven hundred millions, I think that
such a tax bill wouid reduce it tc five hun-dred
millions. Tho tax in kind, supposed,
at its passage to be worth one hundred and
thirty millions, is now, at advanced prices,
worth at least two hundred millions, lake
off that, and we have three hundred nub
lions expenditure. Under the tax bill
proposed, the Government would, there,
fbro, a; the end of the year, havo out seven
hunu■•■•'■ millions less than at tbe begin-ning.
Flow would then sell at twelve dol-lars
a barrel, bacon at twenty cents a
pound and other things in proportion.
i propose four, three two and one in or-der
to reverse the order of spending. Let
us return to a healthy standard by going
backward in collecting just as we went for-ward
in spending, thus doing, as little vio.
lonco to society as possible. Such is ray
plan. After staling it I need not say that
1 am not a candidate for Congress. Yet
I say with confidence that its execution is
entirely within the power of the people,
and that their true pecuniary interests im-peratively
demand the immediate adoption
of it, or some other equivalent to it.
Let u- think aiid reason on tho matter.
The money spent by our government has
been ex hanged pretty much every dollar
of it for the products of cur labor. Most.
. should in Chat way run
Thedebtdee by the Government is
tiug as a mortgage en every estate in
land. The .distance of it is that every man
owes his neighbor and his neighbor owes him.
The Government has needed the sup.
plies, and has sei.t out its due bills or or.
ders and got them. A just tax MB :s nec-essary
to equalize the quantity of supplies
of each man in furnishing tho Government.
The debt due by the Government i» tun-ning
at six, seven and eight per cent., and
much expense besides is incurred in the
mere floating of tbe debt. Herein lie6 the
pecuniary interest of all tax payers in pay.
ing out. . ,
It follows that it is not material to tne
Government what is on the face of the pew
per which it issues, provided'tbe paper cir-culates
at home. ,,
Why, then the great distress in tho land I
I answer that tho distress in the land is
confined to those who livo on fixed salaries
and others in similar situations. A
ip« n
, whilst
;>aid t > the an.i\ has b ' ep< nl ii the a I
tin rn or their families at
, • man ■††i that aa the Lax
.i i i debt, ffay either by
ii ■ • n debI • •' ion
i |>c itnark d, tbal as ",..-■
home! ' .-• : • " '
I . , he mone wi r-clear
.
ivi Hi I ! i n-hi
.._, witiiii tbi
.... II ■
inn -.■†† up I I i ugb to
i -.., .n. 11 . i . i' ar • in t'u
.
• . j •)■•)•
,. ... > . ,. .v i..x in
. cent. .•-. < j
ieasi, under thi control ol the Government.
hot tho < rover imoat embark in tho sys-tem
of untaxable bonds, and unless peace
comes quicker than any man supposes, tbe
taxable bonds will soon be seen to be
worthless, the untaiablo will grow boyond
the sustaining power of the country, and
the finances of tho Government now, in my
judgment, entirely and easily controlable.
will go to confusion and utter ruin. An
untaxable debt, grown so large that land
and negroes can do no more than support
themselves and tho Government, turns
loose slavery as a matter of interest and
annihilates tho value of property. Such a
condition, or anything near it, would cause
the debt to f.e thrown overboard boyond all
question.
11. Prom tho foregoing it will be Beew, 1
think, that the system of funding in bonds
not taxablo is not the true interest or poli-cy
of the Govermont.
I insist next that the funding system
generally is not answering, and as wo go
further will more signally fail of answer-ing
tbe expectations of its advocates, and
this although the people might fund it as
fast as Mr. Biemminger might desire.
In the first plane, the turning of tho
notes into bonds does not sufficiently les-sen
tho amount in circulation. ^:i.ce the
bonds go oui and pass from man iv man in
the transactions of society somewhat as
readily as the notes did. I understand
thai even at tho bars of liquor houses, tbe
counters of merchants and hotels, it is com-mon
to give change for bonds- In iargor
operation,! they certainly play their part.
And in the second place, every six
months the bonds hatch anew brood of
treasury Dotes, which, in their turn, be-
;" . other bonds ; and so they mutually "go
getting" each other. The funding
systom already costs some twenty five or
it irty millions a year in tho way of inter-est,
and if the people had funded as fast as
they were desired to do the amount would
bo fifty in-tead of twenty-five.
In :; year or two these additions of in.
tercst will equal probably the amount of
tbe bonds permanently withdrawn from
ulation.
111. •• Prohibit by law the running of tho
- ■'
Ami I ho numerous remedies for our
•
■† i.
been!
oo K - tba •--'• the |>e- f
1 with precisely the eame things
with. They
ill!
;, wouid
depre-ciating
currency has reduced tho soldier's
pay from eleven to one dollar a month"; and
the pay of the clerks, and all others who
live on salaries in the same way. Add to
these the laborers for hire whose wages
have not kept up with tbe times and there
is oo other class who cafi complain of dis-tress.
Now, it happens that all these per-sona
pay but little or no tax and that tbe
collection of a heavy tax would benefit each
and eiery one of them.
From the drift of events, it may be aafe-,
ly laid down that all persona living on fixed
incomss, in every case, are being pinched ;
that, counting the army, there arc so-rc
five hundred thousand employees of the
Government working lor pretty much
nothing, and all this labor lor nothing is a
bonus to tho tax paying people.
It further follows that the JN'orth and
South aro not spending about equal
amounts in the war, as the face of their
debts import. The North is consuming
several timea thu supplies in kind ibo South
does, and this is the only true tost.
To conclude. We all are in debt. Let us
•get out before a new order of things or a
new currency \* introduced. Lei the Cov-er:
ment lay off each man's share to him-
II " him pay out. My plan; will
i.- u^- pi 'ces to oi.o .Tenth ih. .resent
i ite. if this were done, every man in tho
mid n tber give up t«e other
.
i
. - :i pid as most i i
. : - the m >st ox-
.
, that i ry arti-e.
i ills at loo
iia?s partec
i.hat they now have parted
would in that case see what tho war has
cost. It has, in fact, COBI them just that
much now, neither more nor.less.
The farmer worth before the wfir hfty
thousand dollars is not worth that much
more by sevaral thousand. It is a delusion
for him to suppose himself worth two or
throe hundred thousand. How he can
fancy himself richer than when the war be-gan
is unaccountable.
What is the cost of the war ? So many
millions of dollars says ono. A more erro-neous
reply could not be made. Tho true
cost is so many bushels of wheat, corn and
peas ; so many head of horeos, cattle, hogs,
and so on.
Suppose the whole South, money and
all, belonged to one man; he could, of
course render to the government every dol-lar
now out without adding to the wants of
his people. Suppose it all belonged to one-thousand
men, one half of whom held all
the money and the other half none. The
first five hundred have, of course, enough
to pay their own taxes, and enough also to
furnish their neighbors the requisite sum
to pay theirs. How did tho first class get
tho money / By parting with property,
(cotton, bacon cr corn, for instance,) in ex-change
for it. The second class can get
the necessary amount by doing the same
thing. Taxes aro imposed only on proper-ty.
1/ 'he second class have parted with
uon« heretofore, it is time they had done
so, far no peoplo can carry on war without
dimi&hing their substance.
Tharo is just so much, and no more of
tho necessaries of life in the South for the
use of tho people. They will uso and con-sume
thorn any way, r.nd the drawing in
of seven hundred millions, or even the
whole debt of the Government, would not
diminish tho supply of the necessaries of
life at all.
If our people can support a war on the
credit of their Government, themselves be-ing
tho creditors, it is by that fact establish*
od toacertfinty that tbey can support it
us il goes on without any credit at all. Na-poleon
Bonaparte ruled France ami fought
Europe twenty years and,except now and
then despoiling the conquered (oo, the
, cntl'.sof Lit i. ;uro itj sinco,
I 2es, if ho ! unt bus i I hi a o,
., ..-....;. ,..-> much, and tho-i*R«»r
.... ild bo bctiet'rci
.... ... ....
.: .. • y tl ineuii) . • !
■ can ;■ II a" I ■
:. . ii g t.t:d then " ot! . - :
.. in'' .'■ i ..-.■■- i ■ ' ■•
i,he avcra e. Were I working at a salary '
thousand dollars a year from the Gov
From ::>.• K: ilimoni) ELI -:ain:r.
A iIU.H.Mu:"L) BAKBBH IN NEW
YOiili..
HIS ACOOCNT Or . MATTKES AND THl.NOJ IS
' DIXIE.
"TftiB very hltBreteise colored barber
from RidBfltendy* whoBe%ifV!val»in Wash.
lDS ' • ^ rev*dau'ondofl]feinBiuh>-
mond were rKSght o*. su«cie.il impor-tance
to be- tele^ntp^d to the New York
Times has turned up in '.>»££ity with "a
Randkerchiei tui' of Jocks of n»;r ehorn
from the herd- ol rebel notables, IURIM ^j
in the course »f business" and has been
doing a good streak of trade by selling there
to 'ho fanatical dopes.- A special meeting,
to receive bira and hear his storieu, wnj
held in the basement of Cbecver's church.
Reporters were in attendance, and tho par-ticulars
are given in a copy ot the Tribune,
of the 28d futero, which was forwarded to
us by an obliging friend in tbe Signal Corps
and received at a late ho:; last night. We
have room only for a few-of tho most rei
markable passages:
Quito a collection of prominent Indies
and gentlemen wore assembled last eve-ning,
in tho basement of Rev Dr. Cheever's
church, to pay their respects to the very
interesting colored barber from Richmond,
whose arrival in thit- city has been antici-pated
with so much anxiety. Among the
celebrities present, we noticed Mr. Grcely,
of the Tribune; Mr. Raymond of tbe Times;
Mr. Stephen Pearl Andrews ; Miss Dix ;
Prof. Fowler; Mr«. Kemblo; Dr. Hodge,
of Princeton Seminary; Dr. Guernsey^.-ii
Harper's Monthly; Rev. Dr. Pyne; W
Cheever, Mrs. Swisshelm, and others. The
meeting was opened with prayer'"y 'the
Rev. Dr. Cbeevor, who then introduced the
distinguished guest, Mr. Jupiter McPar-ir.
a.i, a tall balmon coloured gentleman,
about thirty years of ago, quite handsome,
with intelligent black eye's, hair almost
straight, and a decidedly; pleasing address.
After shaking hands w'uri the principal
personages, Mr.McFarland, who has in
his veins the best blood ot Virginia, stood
up in the centre of thu middle aisle aud
answered, in an audible tone, the questions
put to him by Dr. Obeev(& and others.—
His education being imperfect, Mr. McFar-land's
English was not elegant; but his
melodious tones and his frank directness
of manner made him easily understood.
We pass oyer tho incidents of his escape,
which are minutely, and no doubt falsoly,
narrated, and como at onto to the impor.
tant questions and answers, as given by
the reporter, who makes a feeblo attempt
to imitate tho mulatto lingo.
"Question—Aro you acquainted with
tho rebel leaders?"
"A iswer—Yes sir, intimately. They
comes regular to my sb »p to gtl shaved."
JMinrM
•omier part.
And '.. li^i.u gtiuie isy.
• Aiis*or-Ho4 U. I forgot dat. Well. Written for ih. Pttriet.
- it .• i-tho women i^bvut your bight, some i TO MISa MOT.
•i ■ Si! n. by Hr: P-ar! Andrew-, So, •!„ That chance m life, changeable
m av. . ...., >r,.zed state, 1 imrig. , xh«. *iv. frw, tp, u^auT
itae 1
,,-^l7'- . .1 that way. Sii.ce
*ar br k rriners baa j-iit wncn R.-letand |