Duke University Libraries Message of His Conf Pam 12mo #228 -MESSAGE ^ OF j HIS EXCELLENCY, JOSEPH E. BROWN, I TO THK GENERAL ASSEMBLY, CONVENED IN THE CAPITOL BY HIS T»r8.0>0Xj.^Tl«:.A.'T'IO3!^, MaKCII 2-5X11, ISG:]. ! ."^ BOUGUTON, NISBKT &. BARNES, State Pi:inti:ki. .MILLKDOEVILI,E, GA. 1S63. PERKINS LIBRARY UuUe University Kare Dooka THE FLOWERS COLLECTION MESSAGE. EXECUTIVE DEPARTMENT, > MiLI.EDGEVILLE, Marcii 25th, lS68v i To tht Se)iafr and House of' Rpprcscntalivci : I have felt it my duty to convene you at an earlier day than that fixed for your meeting, when you adjourned. In the midst of a revolution of such vast magnitude as that in which we are engaged, the constant change in the circumstances by which we are surrounded, must frequently influence our actions, and develop suthcient reasons for a change of our opinions, or our policy. In December last, we passed an act prohibiting the cultivation of more than three acres of cotton to the hand this year, which vit'tually legalizes and invites its production to that extent. 1 am now fully satisfied, if the quantity of land mentioned in that act, is planted in Georgia and each of the other cot- ton States, the result will be, our subjugation by hunger, and tlie utter ruin of the Confederacy. Hence-, I have felt it m}' duty, before the crop is planted, to call you together, and recommend the passage of an act, that will make it highly penal, for any one to cultivate exceeding one fourth of an arre to the hand. The eneniy has overrun, and now holds a large part of the'most productive lands in the Con- federacy. As our limits are circumscribed and contracfed, niatiy of the loyal people of the sections in the possession of the enemy retire to the interior, and the number of per- sons to be supported from the products of the lands in our possession, is greatly increased, while the area of pro- ductive lands from which the support must come, is almost daily diminished, ^fost of the wiiite laborers of the coun- try, are now in the army, and new levies are constantly be- ing made from those who remain. As these enter the mil- itary service, our fields are lelt uncultivated, while the wo- men and children are still in our midst, and must be sup- ported. The result is, that the country and the army are mainly dependent upon slave labor for a support. At the present prices of all the necessaries of life, it is impossible for the women and children to support themselves. In mv ■opinion, it will take every acre of land, and every days' productive labor which we can command this year, to make P67839 OUT uoccRsarv support ; and lio who ♦'iniiloys any portion of his lands and labor, in llie production ot cotton, tobacco, or any other products that \rill not sustain life, to that extent, tMu'langer** llu* success of our cau.se. The present prices of cotton nuike the tiMuptation to plant it very strong, and the planter will (piiet his conscience by the reflection, that the legislature has authorized him to plant three acres to the liand, and will plant iiis best land, place all his manure up- on it, and make it the object of his special care and atten- tion. There is now cotton enotigh !■ the Confederacy, to clothe our people for several y«'ars, an«l there is no reas(»u why we shoiihi plant more than is actually necessary to keep seed. It may be »aid, that the planter can make more money out ot cotton than grain and vegetables. This is very questionable. ]Uit if we admit that he can uiuke double as much, this is no re;i>.ou w by he shouhl be permit- ted to do it^ if by so doing, ho hazards- the very e.vistcucc of the States. What will his money, or his cotton, or his slaves, or his lands, be worth to hitn, if we are subjugated, and the civil and religious liberties, of himself and ids pos- terity are destroyed Y As the war is now prosecuted by the Liiicoln govermaent» for the avowed purpose of aboli.'^bing slavery, no dassof our people has so much at stake, as our slaveholders, who are generally our chief [>lanters. They are depeudeut up- on our white laborers in the jield ol" batlle, for the protec- tion of their property ; and in turn, this army of white la- borers and their families, are dependent uj)on the slave ow- ners for a support, while thus engaged. The obligation is mutual and reciprocal, and neither party has the right to tlisregard it. The conduct of our [dauters last year was niosi patriotic and praiseworthy, and has saved our cause for the present, but the temptations held out to the avaricious, are much greater this year, owing to the high prices of cotton in the market; and I consider legishition absoiutely necessary, to restrain those who would hazard all forgaiu. As it is now time to commence planting, I iuvoke your early attention to this (juostion, in mv opinion, second in importance to no other that is likely to come under your considerai ion. At the present time, money will nol.buy bread, hi a large sectiou of our own State, at any re.isonuble price. This is caused, partly by the severe drought of last summer, but is proba- bly, owing in a greater degree, to the fact, that the lands in ^hiit section of the .State, are cultivated aliuost entirely by whit(! labor, and most of tli;it labor being now in the army, the lands lie idle, and the women and children are destitute of bread. But for the large surplus, in the cottou region, scenes of suflcring must ensue, which would be appaling to contemplate, and which must demoralize, if not disband that part of the army, where the husbands and fathers of the sufferers, stand as a bulvA'ark, between us and the enemy. Let not the people of the cotton sections of the State, where there is labor to cultivate all the lands, risk the chances of similar, or worse distress another year, lest consequences ensue, which may cost tiieni, not only their cotton crops, but fill that they Iiave, and all that they expect to have in future. We can never be con(|uer diem j)ay (»f a Judge while on his circuit does not nearly delVay his necessary traveling ex|)enses. Is this right V Can any intelligent legislator claim, that it is compatible with either the justice or the dignity of a great State ? The Constitution of Georgia, whicji we are bound by sol- <>mn obligation to sup]>ort, says, " The Judges shall iiave salaries a(le(piate to their services fixed by law." Are tiie present salaries of the Judges, or other oflicers of the State, oi/rytffl/e to their services y The question, to my mind, is too plain for argument. I trust it is only necessary agait to bring it to your nltention, to secure prompt action, TIIK NEW CODE. The Code of this State having gone into operation on (he first (lay of .lunnary last, it is a matter of great importJincv that the public otticers be supplied with copies of it, tivm they and the people may have an opportunity of leiirarn*; what the law is. It is not in my power to supply cop«i^ to even a consider;ible proportion of those who are entitloooks will ))(^ delivered. 1 have reasons to believe thui. Mi". iSeals lias sold a considerable number of copies to imiividB- als or to tjic trade. I call your attention to this subjexa., and rccommend'such action on your part as may be neces- sary to compel performance on his part, or to take ih^ ]>rinted sheets out of his iia!id;s, and have them bound hw others, at las expense. >MALL I 'OX. The physicians' bills sent to this Department by the Tc- ferior Courts of many of the counties, lor attention to per- sons afflicted with small pox, have, in my opinion, boea si; exorbitant that I have refused to pay them. There are several instances of physicians who have made out bilU: against the State for one or two months' attention to snai^ pox cases, amounting to larger sums than they would, 1 s?ijv ]>ose, be able to make by one or two years' practice, i re- spectfully ask that I he law be so amended as to estabiJ:^.^ some just rule by which i am to be governed in tlie piy- inent of these claims. The act only makes provision for the payment by the State of the expenses incurred at bo*- ])StaIs (.istal)lished by the Inferior Courts of the differeet cKJunties. Many of the Courts have established iw h&sj>.i- t-als, and have had the cases treated at the houses of tiie afflicted, in dift'erent parts of the county. It is desiraUW that the will of the Legislature be n^ore clearly expraa:i>t»4i 8 m refercnrc to cases of this rliaractcr. Wliilo I do not think that stronger reasons exist why the State should pay the physicians' bills and other expenses incurred by atten- lion to persons who have small pox. juid ;ire treated at home, when they are themselves abl«' to j>ay, lluin incases ol other coiilaqeoiis fliseases of a malignant cliara<-,ter, it nniy be proper that such payments be mad(^ by the State, when the persons alilictcd are unable to pay, and might otherwise be neglected on account of their ])overty. IJkirWKS.SMKNT OF NKCMJOK.S. Ir will be remembered, that lirigadier General Mercer nnade a re(|uisiti(»n upon tlie State, while yon were last in session, for twenty-fiv«' hundred negroes, for sixty days, to work on the fortiiications around Savannah, and that the Governor was authorized, by the action of the (Jeneral As- sembly, to lill the r«'(|nisition. A call was afterwards made by authority of" (iein-ral I'eanregiird, for three hundred ne- groes to work on the obstrnctions (>f tlio Ahanialia lliver, whieh requisition was also filled. Many of the negroes sent to Savannaii. liii\<' nol \c\ been ilischiirged, Ix'cause, in th*^ oninion of the military author- ties there, the emergency was such as to make it a milita- ry necessity to retain them. New and a«lditional fortifica- rions have b«'en projected, and no one seems to know when thev will be completed. It is now retjuired, that the ne- groi's remain ninety dnys longer; or, if they are discharged, T,hat their phices be sii))pIijMl immediiitely by a new levy. The upj»er and western portions of the State, have not yet furnislied their quota. If a new impressment is made, as the law n<»w stands, it mnst be from these sections. The warm season is commencing, and the negroes from these parts of the State, are not accustomed to the climafc of Savannah. Much si<'kness, and many deaths must there- lore be expected among them. Again, the crop is now be- ing planted, and it is a matter of great importance, that ;is little labor as possible b»' taken iVoii; tlu' ngriciiltural pursuits of the State. i\) this state of the case, I rcspeclfuily ;isk, that the (Jen- oral Assembly, by joint resolution, or otherwise, give di- -•ectionK, at as early a day as possible, as to tlw best Uiode uf furnishing tin; "labor to comjdete the fortifications. It \vill also be proper that some just mode of ascertaining tlu> i'alne, and c(Mn])ensatitig the owners for the negroes wiio liave ITAIiV LAW. Section iOiO of the Code provides, that all elections for Tnilitia olticers, of and above the rard\ of Captain, siiali be crdered bv the Conunander-in-Chief. Tliis will cause a great accumulation of labor in the Ex- ecutive Department, with much unnecessary delay^ind ex- pense. I tlierefbre recommend that' the old rule be re-es- tablishi'd, and that all vacancies below the cfrade of Gen- *!ral, be tilled by election ordered by the ofticernext hi,Q,hest in command, except in case of lieutenants, whose elections should be ordered b}' the Captain, as prescribed by Act of nth February, I Sod. I also recomnitnid the repeal of sections !)S(>, .0S7, OSS, •^89, 900, 90-2 jind 90;}, of the Code, whicii provide for the payment of a commutation tax in lieu of military service, as wholly inapplicable to the present condition of the country. The Comptroller General, by my direction, has left tije columns relating to this commutation tax, out of the Receivers' Diu;est, till vou shall have considered the question. RIGHTS OF THE CHURCHES. I recommend the repeal of section 1370 of the Code, Avhich prohibits "any church, society,- or other body, or any persons, to grant license or other authority, to any slave or free person of color, to preach or exhort, or other- wise oliiciate in church matters." I entertain no doubt, that negroes are sometimes very useful among their own people as preachers or exhorters. This is a cpiestion of which the church of the living God, and not the legislature of a State,- is the proper judge. The loyal support which the churches of all religious denominations have given to the Conf(.'derate and State Governments, and the aid which they have atlbrded- the government, in the maintenance of our slavery institutions, have demonstrated, that they un- derstand this question, and may safely be trusted. The legislature under pretence ot police regulation or other- wise, tlierefore, has no right to infringe upon religious liberty, or usurp the power which belongs to the churches. Render to Cccsar the things that are Ca'sar's, and to God the things that are God's, is an injunction which the State }jas no right to disregard, STATE KXnoliSKMENT OF CONFEDERATE DEBT. I transmit herewith copies of resolutions, passed by the legislatures of of the Staters of Alabama, South Carolina, Mississippi and Florida, proposing, upon dilTerent plans, the indorsement of the debt of the Confederacy by the States. No one can doubt the patriotic motives which have pronqited this action of our sister States. But as this is a ({uestion of great magnitude, involving important princijdfs, and as our action in the premises, must be fol- lowed by consequences seriously affecting the credit of the State, present and prospective, it is our duty to examine it 10 for ourgelves, and not to be controlled by the decision and action of others. If the proposed eiidorsenu'iit will have the effect of ar- raying the capital of the country against the Conlederacy. and in favor of a reeonstrnction of the old Union, however laudable the motive, the net W(»uld be most nnlortunate. Again, if the eflect will be to level the credit of all the States to an e(|uality, without n\gard to the manner in which they have manag«'d their hnancial afiairs, or the amount ol" debt now owed by each, it would be gross in- justice to those iStates which have coii^ credit. I spealc not of individuals, but ca})ital is gem'ral- '.y selfish, and controlled more by interest than patriotism. When we have ascertained what will be the interest of cai>italists we may generally have but little difficulty in determining what will be theiractiuji. Si»i)jiose the whole debt of the Confederacy to liave reached one; billion of dollars, as it probably will have done by the time the States have all acted upon this pro- i>osition. It is not probable that capitalists, as a matter of choice, would prefer to credit our government with a larger debt than this hanging over it. J'ut having already, invested this enormous sum, if they feel that tl.eir only hoj)e of [)ayment rests upon the success, and permanent establishment, of the (confederacy, and it becomes necessa- ry to invest another billion to establish the Government aiul avoid tiie loss of the sum already investtnl, interest will prom[»t them to stand by the government, sustain its credit, and make further advance if they have the means. Rut suppose at this period, all the States indorst^ the whole d«;bt, or each indorses its proportion of it, what eflect will this have upon the mind of the capitalist? If prior to the act, he looked only to the ( •onfederacy for payment, and Jiaving now obtained the legal, as well as moral obligation of the individual States to j>ay, he is satisfied that tliis se- cureii the debt, his interest in the permanent success of the Confederacy ceases, and he looks in future to the States for 11 payment. If after this, tlie old Union should be recon- structed, and the States of our Confederacy should return, and become members of it, the capitalist is not left to look to a Confederacy no Ioniser in existence, for payment, nor to rely on the moral obligation of the States, to assume and pay the debt, but he rests upon the solemn legal in- dorsement of the individual States, which would be as binding upon them, in one- Confederacy as in another. — The capitalists having thus obtained ihe solemn indorse- ment of the States, for a sum as large as they could reason- ably be expected to pay, would naturally desire to prevent an increased liability, on the part of iheir debtors, the States, which would weaken their ability to pay, and might in future, cause the people to throw off the whole burden, on account of its accumulated weight. Knowing, in other words, that it is possible to increase debt to an amount so onerous, as to drive a people to repudiation, they might prefer to take their chances of payment of one billion of dollars of Sfyifr debt, in the old Couf(!deracy, rather than of two billions in the new. Hence it v>-onld be their interest to oppose ilie appropriation of the second billion of dollars, to prosecute the war for the establishment of the Confed- eracy, and to advocate a reconstruction for the' purpose ot securing an early peace, and of stopping further expendi- ture, that they may s;ive what is aheady owing to them. The rivers of blood which have been drawn from the veins of our fathers, brothers, husbands, sons and other rel- atives by the hands of our cruel enemies, form an impassa- ble gulf between us and our wicked invaders. How can we agam shake hands with them over the slain bodies of our loved ones, and again embrace them in fraternal rela- tions? AVere Georgians to do this," the blood of their brethren, who have fallen martyrs to our glorious cause would cry to them from the ground, and lebuke the das- tardly deed. Sooner than reunite with those now seeking to enslave us, and under the name of Union with thoiu, become, with our posterity, hewers of Vv'ood and drawers of water for them, let us submit, with more than Roman firmness, to the devastation of our iieids, and, if .need be, th«' extermination of our race, lint let us do» no act has- tily, which, however patriotic the motive, may tend to ar- ray a powerful class in our midst against the Confederate Government. While Georgia with the dignity ot a great State, should firndy maintain her reserved rights, and if need be, restrain the Confederate Government within th(^ limits assigned it by tiie constitutional compact to wliich ^he is a party, she should stand by it, confined within its constitutional limits, with an unyielding determination to Hiustain it at every hazard, as v^'ell against injuries inflicted by the injudicious action of imprudent friends, as against 1:2 "the thrusts of domestic enemies, or the herciile^ui assaults of foreiirn foes. The future happiness of her posterity is firmly linkt-d with the Conft'deraey. Tiiousands of her sonH have nobly immolated their lives upon its altars, and the tens of thousands who survive should see to it that no rude hand is uplifted against it, that no false policy under- mines its foundations, and tliat no usurpers destroy the IxNTutiful symmetry of its niaiinifieent sirucLure. We slionld not only sustain the C<»nf result? As each State has its own individmil indebtedtu'ss, and would then 'have assumed a legal liability tor the debt of the Confederacy, the credit ot each State is at once placed below tlie credit ol" the Confederacy; and as each would then be liable for as much as it couhl reasonably be expected ever to pay, the credit of the respective States would be placed, not only at a low point, but very nearly upon a level with each other. This would be injustice to those States which have nuiintained their credit at the liighest point. Tak«! for instance our own State. It may be truly remarked without disparagement to other States, that the debt of (Georgia is less in proportion to her rcsources, than that of any (tther Stat(! in the Coidederacy. -or indeed any other upon the contincmt. The conscjiuence is that her credit is worth a higher premium in the nuirket than the credi't of any other State in the Confederacy. — 13 Her people are therefore entitled to the benefits of her economy, her wise management, and her far seeing states- loanship. If she and the other States now indorse the Confederate debt, her credit is at once placed upon a level with Confederate credit, if not below it, and very nearly or quite upon a level with that of all the other States. The result is, that the people of the other States, reap the benefits of her better credit, to which the people of Georgia are alone entitled. This would be injustice to the people of Geor- gia, and to her creditors who have invested in her securi- ties and are entitled to the benefits of her superior credit iti the market. If it is said, her people should make sac- rifices for the common cause ; I reply, that no State has responded more promptly to every call made by Confede- rate authority for men, money or other assistance, and that she is ever ready to comply with every constitutional obli- gation. Having shown, I trust, to your satisfaction, that the pro- posed indorsement would place the interest of the capital- ists of the country, in the scale, against iiazarding further appropriations for the establishment of the Confiederacy ; tiiat it would be productive of injury to the credit of the individual States, and of injustice as between the States themselves ; I now proceed to inquire, whether, if we waive these objections, it could be productive of the per- manent benefits to Confederate credit claimed by its ad- vocates. Before proceeding, however, it is proj)er that I remarks that the advocates of indorsement are not agreed amonjr themselves, and that two plans are proposed. One propo- sition contemplates a general indorsement of the whole debt of the Confederacy, by the several States ; each to be liable in proportion to its representative weight in Con- gress. The other, which may, I believe, properly be designated the South Carolina proposition, proposes tlie indorsement of $-500,000,000 of the bonds hereafter to be issued by the Confederacy ; each State indorsing its proportion of the bonds, on the basis of its relative representative weight in Congress. The latter proposition, is to my mind the less^ objectionable of the two ; as it does not hold out the temp- tation above mentioned to capitalists, to whom the present debt is owing, to favor the reconstruction of the old Union, to prevent an increase of debt to maintain the further ex- istence of the Confederacy. The advantages claimed for both propositions are I be- lieve, substantially the same. The chief of which is, that the proposed indorsement would reassure the confidence of capital, in Confederate credit, and cause its investment in the bonds of the Confederacy, in amounts suflicient tofuud 14 all treasury notes issuod m redundancy of healthy circula- tion ; and thus reduce the circulation to an amount only neccsMiry to meet the lei,^itimate commercial demand for currency. This looks well on j)Mi»er : and might work well in prac- tice, it' there were enouuh surjdus capital in the Confedera- cy, to convert hundred dollar hills into interest bearini: bonds, and lay them away as investment, as fast as all the pap<;r mills in the country can mak«; the paper, and all the engravers can print upon it the likeness of cirenlating me- dium, and an army ol" CJovermnent clerks can sign these promises to pav. l'»ut here lies the difliculty. ^Vhatever maybe the coiilidence of capitalists in these securities, the country, devastated as ir is by a destructive war, cannot yield sm}>lus ca])'.tal for permanent investment, as fast as hundred dollar bilN, or thousand dollar bonds, can be man- ufactured. Trior to thecoinmencement of the war, the surplus cap- ital of the South was invested in State Bonds, Bank Stock, Railroad Stock, Bond- of Corporations &c. Since that time, most of the surplus has been invested in (.'onfederate bonds; and our people have not now, probably the half of live hundred millions of dollars that they can spare, to in- vest in any securities, however desirable. This measure might atlbrd partial and temporary relief, by inducing some capital not now employed, 10 seek investment in these bonds. But if the wargoes on,;Mi(! the < lovernment is under the neces- sity of issuing two or three millions of dollars a day, of its notes, for the next one, two, or three years, it must be ad- mitted, tliat we have not the capital to absorb them as fast as issued; and the indorsement could only causfe a tempora- ry suspension id' tlni deprei-iation which must follow our over issues ; lor the ultimate piiyment of which, no adequate provision is being made. The advocates of this plan al«o contend, that the Gov- ernment could fund the debt at hoilie, ai a heavy premium, in lis favor, after I'.jo imlorsi'ment, basing the calculation nponthe fact, that State credit is now worth a large premi- um, whi;n compared v/ith Ctuifederate. To show the fallacy of this conclusion, it is oidy necessa- ry to iiKpiire, whv the bonds of the individual States com- inand this premium. The debts of most of the States, are now small, compan-d with their resources, and their ability to pay ; and capitalists naturally conclude, that in case of failure of the (Jonfedcracy, or ultimate repudiation by it, the States would p:iy tliay. To my mind, there are verv obvious reasons why it should not be done. While the Constitutional obligation rests upon the peo- ple of the States, to submit to the taxation imposed 67 Congrtss, to pay the debts of the Confederacy, tlie Consti- tution imposes upon Congress, which is the power that cre- ates th:; liability, the sole ri'sponsibility of (le\ising the means, and a.>s"ssing the taxes, m-cessary to discharu;e tlio obligation. This is as it shoiild be. The power in the Gov- ernment that creates the 'debt, should have resting upon it. the sole responsibility of providing the means for its pay- ment, and of imposing the taxes tor t;iat purpose which may be iKxessary. The peo[)h' then know hovv^ to hold their agents to a proper accountability. Suppose, however, the States indorse the debt, aoJ pledge their individual faith r*.? Sfafrs, for its payment at ma- turity; and Congrrss. afraid of its po})ulurity, doe-s not wish to take the resj)onsibiIity to assess the tax, to meet it. What follows? Tiie States to maintain their individual credit, niust themselves assess, and collect the taXi and make the payment. Congressmen linding that tliey could in this wav avoid an unpleasant: responsibility, and retain their places with, le.ss dilHcuity, would, after having contrac- ted the debt, when pay day came, turn over the responsi- i)ility to tilt.' legislatures of the States. Thus we should have one Government to spend the money, and another charge- able with the responsibility oi' raising it. Congress would then occupy, very much the position of the rich man's prod- igal sou at college, who, having no responsibility about footing the bill at the end of the year, feels very little con- cern about the siz(! to which it accumulates. Again, sad experience has shown uni, that the tendency of our GoverumiMit, is to consolidation, and that -the cen- tral Government is ever ready to usurp as much uiidulega- ted power, as the States will consent to lose. As the cen- tral Guvcinment grows stronger, the States grow weaker, and their jiist rights arc disicgarded. Now. I can imagine no one act of tiie St.ak*s, that will tend so much to strengthen the central Government, at the expense, to them, of the loss of their just powers, as the adoption of the policy now proposal, which l)inds them individually, to provide ibr the payment of all the dijbls which Congress may choose to contract, but may not be willing to impose the taxes to pay. The consummation of the })olicy is the complete consolida- tion of tlie Government, making the States the mere bur- den bearers of the central superior. I may be met here, with the remark often made, that it 17 is no time now to defend the rights of States, or to maintain principles. State Rights, and Constitutional principles are the s«me in times of war as in times of peace ; and should be mairituiued at all times, and under all circinnstances. Power once usurped, with acquiescence, is never relaxed but at the point of the bayonet; and we should not forget, that rights 8uri"endcred in war, are never regained in peace. We should therefore do no act tending to destroy the States in one grand consolidation, and lay the fouudation of a central despotisH) upQii*t!ieir ruins. Having given some of the reasons whieh satisfy my mind, that the hopes entertained (>y tin; advocates of State indorsement, that the adoption of their policy would retire the excess of the curreuc}', and reduce it to a healthy con- (lition. are entirely delusive, I may bt.' asked if there is no remedy for the evil. My opinion is, tiuit so long as the war is carried on in its present magnitude, recpiiring the amount of daily expenditure now njade, and tlie demand for all the necessaries ot .life exeeeds tlui supply as far as it now does, there is no complett; remedy for the present evils, of high prices and redundant paper cnrrency. Tljere is one remed}'', and only one, which can mitigate the evil, inspire confidcn<'o in the stability of the Cvovernment. and the ul- timate payment of the deht, and induce the itivestment of surplus capital of the people of other (lovenunents, as well as our own, in Confederate bonds. That remedy is taxation by Congress, sufficient to pay the interest upon the whole debt, in gold or its ecpjivalcut, and to create an annual sinking fund, suflicient to extinguish the debt with- in some reasonahh:^ lime. Convince ca[)ltaiists everywjiere, that this is the settled policy of the govertmicnt, and that our people are ready to submit' to it, and make all the sac- rifices necessary to carry it out, and Confederate securities will be soDirht after in the market, and most of our excess of circulation funded, without the ([uestion being once asked, witether State indorsements have been written upon the bonds. In place of the indorsement o! the bonds of the Confede- racy by the Swites, I thercifore recorrnncnd as our response to be made to the propositions of our sister States, and as the Georjiia policy in which their cooperation is respectfully .•iskcd, the passage of a joint resolution by the General Assembly, urging the Congress of the Confederate States, in view of tlu; full magnitude of the crisis, to come up with nerve au'l lirmiu'ss, to th(3 disciiargi* of its dut)% by the as- sessment of a tax ad(upKit(? to the purposes ubove mention- ed ; and pledging the people of Georgia, to a prompt and cheerful payment of their proportion of it. If this be done, I have no misjTivini's about the result. The c^ood common practical sense of the people, which is seldom properly ap- preciated by politicians, has already grasped the question^ l.)Ut. The people understand it. Every practical, business man knows, that paper promises, witli puptn* intlenients, can never Mistain our creilit, as lonsf a« we aj>j)ri>priate, and tlraw liun fmancial . • ••' ; JUT.M/y mi,., m cuv •:::%■.■ is worth ji.I;i:o.>l or (juiio a> muqh, as all vve.had, Wii.- worth before we paid the tax. 'Jlo illustrate : The. me- chaUH^ ll.'lH c>':i' li I '.dr.'.d ('oll;i!s <>i' (''iin!'.' ii ;•;: ' • '!''r«.^''4UrV notes. He v ' and he lind:? it will i;i a;- 1 .i- w:\r..r :.\\.a co p,;y n,;- 1 i.: . ^"' cttr- rency is still dcprccinling, and at the Ond «f t' iiree months it inay tuke onu lumdred and twei Ilai's to make the purchai>c. At this point, supb .. Govern- ment assesses aJtax of live pur cent, to establish the policy above indicated, and he is required to pay live dollar^ of his hundreil to the Collector, The effect of this is to ab- sorb that much of the over issue, a:id to give contidenccin the ultimate redemption of the. whole. This will at once stop the decline in the Aalue of the notes, and may cause them to appreciate. The consequejice will be, that he can probably j)ui-chase the same property with the ninety-five !uiy, wosfop tlir (Ippivcintion of its viiiuo, ami lo:r» e tlio l>;;!;uico in ciMiihiiii))!, woitii ns nnicli ill ilio piJicliaso 01 ]>ro|)i'rTy ns t.iie whoK; \v;is worth before the tax \vij.s y^iiiO. I'nr .-iijijsose tlie t;i\ to be buruensonie, iiiid to libsojh a. laitie ynoiioi ticji of our surpius incon:!o. Is this a reason why \t should uot be collocted '/ Wo musr submit to burdens, and make Iseavy sariiliccs to su;onsibili(y of providing the means for its payment. The policy is exceedingly mnvise in this also, that itcar.- ses the State to b|^rrow the present curi'ency at par, to be ptiid back, years Jience, with* interest, in gold. W^iat prii- ♦lent man would do this, in the management of his own af- fairs / Suppose one plunter owes another ten thousand dol- lars, would iie sell property now at the present high prices in cnrrencsy and, pay the debt, or would he hold on to his property, and pay interest upon tlie debt 'till the w>ar is over, and the price of ev^rythiilg is again estimated upon the gold [lasis, and then sell five times Jis mucli praperty to pay the sa;;:e debt y If he adopted the latter alternative, we would sciy, he needed a guardian. If we agree tliat this policy would be unwise, in individuals, we must not Ibrget, that the State is but an association of individuals. AVhen upyn a question ot this character, we have ascertain- ed what v.'ould be the interest of a prudent individual, or a small iiuuiber ot individuals, we have only to enlarge the circle, and we have the interest of the State. This is a rule by which I hare been guided in the ma*nagement of the linances ot the State, and 1 believe it to be the onlv trur' and successful one. Our people can now pay live millions of dollars in tlie }>resent curreucy easier than they can [lay one nullion in i:old, in what are usually called hard times, when property is low and nioney scarce. It may be said, why not keep OMY property and leave this matter to posterity ? Who are 2C to be posterity '. Our childreu. Fur wlioiu arc wc labor- ing? Our cliiMrcn. If, then, our proj>erty is expected to tloscotul to our cliildron, wliy ncciimulato a debt to banc ovLM' it and diiscoud wilhit, l>y borrowiiii: inrtjifV atth«'rat«' of twenty rents lor a didlur, to be p.iid h;\('V by theto cut of otir pro[»crry in goKI, dollar fornull.ir, wii'i intcicsi. i trust tliis policy will lind very few advocAtt's. It is inlinitidy bettor for us to submit to all tin.- i:i.\iiii«»i,. and niuk^' all the sacrilices necessary to Mjaint^i.j our Gov- rrumeni and sustain our cu'diti. tli.iii to permit the' enemy 10 overturn our Uovernmeut, pluruler resent help in trouble," and all will vet be well. JGSKPil i:. nitoWN, Hollinger pH8.5 Mill Run F3-1955