Can the Country Pay the Expenses of the War?

8 language of the Secretary’s report, is to be the future policy of the Government. The third is to exhibit and keep before the people the absolute resources and power of the nation, and show the difference between its ability to meet the formidable emergencies of this war and the ability of other nations at other periods to meet the emergencies of their revolutionary and other contests, because of the comparison that is constantly being instituted; to show that no parallel whatever can be drawn between the struggles been nations in the Old World. Comparisons are frequently instituted between the condition of the currency of the United States and that of the French assignats during the period of the Revolution. Why, sir, France issued $9,000,000,000 of that kind of paper within about the same time that we have issued $400,000,000, or less than five per cent of that of France. Sir, there can be no parallel between the cases, certainly none when we regard the question in connection with the resources of the two Powers. The increases of the population of this country over that of France for the past ten decades is a plain answer to the question. In conclusion, Mr. Speaker, we must instrunt the people as to the difference between currency and funded debt, a thing that seems to be so little understood. If we keep constantly before the public view the vast security afforded for the final extinguishment of our debt, and show our abundent resources to meet the continued demands of the war for a long time to come, m case it should be necessary to continue it, there need be no fear of bankruptcy or repudiation. PRESIDENTIAL CAMPAIGN OF 1864. UNION EXECUTIVE CONGRESSIONAL COMMITTEE. Hon. E. D. MORGAN, of New York “ JAS. HARLAN, of Iowa “ L. M. MORRILL, of Maine. (Senate.) Hon. E. B. WASHBURNE, of Illinois, “ R. B. VAN VALKENBURG, N. “ J. A. GARFIELD, of Ohio. “ J. G. BLAINE, of Maine. (House of Representatives.) E. D. MORGAN, Chairman, JAS. HARLAN, Treasurer. D. N. COOLEY, Seefy Committee Rooms, Washington, D. C., Sept. 2, 1864. Dear Sir : The Union Congressional Committee, in addition to he documents already published, propose to issue immediately he following documents for distribution among the people. 1. .McClellan’s Military Career Reviewed and Exposed. 2. George H. Pendleton, his Disloyal Record and Antecedents. 3. The Chicago Copperhead Convention, the men who composed and controlled it. 4. Base surrender of the Copperheads to the Rebels in arms. 5. The Military and Naval Situation, and the Glorious Achievements of our Soldiers and Sailors. 6. A Few Plain Words with the Private Soldier. 7. What Lincoln’s Administration has done. 8. The History of McClellan’s “ Arbitrary Arrest” of the Maryland Legislature. 9. Can the Country Pay the Expenses of the War? 10. Doctrines of the Copperheads North identical with those of the Rebels South. 11. The Constitution Upheld and Maintained. 12. Rebel Terms of Peace. 13. Peace, to be Enduring, must be Conquered. 14. A History of Cruelties and Atrocities of the Rebellion. 15. Evidences of a Copperhead Conspiracy in the Northwest Address— Free. Hon. JAMES HARLAN, Washington, D. C.

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