One of the most cheering signs of the times – one that points to the suppression of the insurrection and the restoration of the Union, is the financial credit of the Government. The 7 [3] 10th bonds of the government are to-day worth more than gold – are at a premium in Wall street. – And this, too, notwithstanding the fact that Congress has not yet enacted a revenue bill – has not yet made adequate provision for paying either the interest or principal of our large public debt. The credit of the Nation is sustained solely by the very apparent willingness of the people to make all necessary sacrifices, and pay all needed taxes. It is built upon the solid basis of the integrity and industry of the people – their devotion to Republican institutions, and the boundless resources of the great republic. It is a thing to be proud of – to thank God for. It is a thing to give us strength and hope.
– Published in The Burlington Weekly Hawk-Eye, Burlington, Iowa, Saturday, May 17, 1862, p. 1
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