roim/ Duke University Libraries Commercial enfr Conf Pam 12mo #721 c/45 CJf^oAT Va/y7><€/rt€^ crlonUmcMiL. OocajU,^ C?a^ COMMERCIAL ENFRANCHISEMENT OF THE CONFEDERATE STATES OF AMERICA, WITH ORIGINAL AKTICLE.S 0:>f A NEW .SYSTEM OF WEIGHTS AND MEASUKi:S, AND NEW COINS FOR THE CON- FEDERATE STATES. BY A VIRGINIAS. RICHMOND: WEST & JOHNSTON, 145 MAIN STREET. 1862. Digitized by the Internet Archive in 2011 with funding from Dulreseni exigences of the country, return cargoes ought lo be furnished to all vessels introducing commodities within the Confederate States from Enrojican nation?, the ni-furniiliition of stocks in the seaports and large interior cities being at the same time regarcled impolitic. 12 COMMERCIAL ENFRANCHISEMENT CHAPTER II. EXCHEftUER-TAX ON BAITK NOTES. The war must go on, however, and one of its sinews is money^ and with this comes up the whole question of finance, and to that subject we now proceed. The last official returns from the banks of the Confederate States disclose their circulation in July, 1860, to be sixty-eight to seventy-millions of dollars, their deposits some fifty to fifty-one millions, their specie some thirty- one to thirty-two millions ; it may be allowed that the deposits should be added to the circulation to represent fairly the moneys available for commercial and agricultural purposes. We may safely state then, that one hundred and twenty-five millions was the whole circulation which these institutions represented. This sum should be augmented by such amount as may be in the hands of the people in gold or silver, and applying the general multiple of thirty in property to one of money, the property of the Confederate States amounts to about four thousand millions of dollars. The necessities of the Confederate States have in- creased the volume of paper credits vastly. A suspension of specie payments has been made general, and the entire transac- tions of the business of the country and the maintenance of the conflict with the United States must be carried on by govern- mental and bank credits, paper money, unless all the different elements can be united in some system of measures mutually advantageous. The very fact that we must collect the direct tax now imposed by the unanimous voice of our Congress, upon the property of the people of the Confederate States, in Government paper and use bank notes, disposes of the question as to whether the Gov- ernment should ally itself with the business of the banks or the commerce of the country. The question which arises is, what action ought the Government to take to render the taxes uniform? An exchequer, with an office of discount and deposit attached, embracing the general features of the Bank of Eng- OF THE CONFEDERATE STATES. jfS^ land, recommends itself; the Government has made laws regulating the conduct of its officers in the collection and disbursement of its revenues — tlicy borrow and collect, and then pay away what they borrow or collect ; the Treasury of the Government is that thing which keeps these means from their receipt till their disbursement ; and an exchequer, with a capital of fifty millions to be raised by a subscription of forty millions in Confederate eight per cent, stock by the Government or individuals, and ten millions in coin, is recommended with the following restrictions and limitations : The issue department to be separate and distinct from the banking department, and the deposit of four dollars in Confederate debt and one dollar in coin to be left with the Governor and Commissioners of the issue department by the banking department, upon which the Commissioners shall deliver to the banking department or the offices of discount and deposit notes for the like amounts, bearing the caption: "The Governor and Managers of the Exchequer of the Confederate States of America, will pay to or bearer at ." No note to be ever used a second time when once returned to the issue department. The offices to be located where the Government may indicate ; the revenues of the Government to be always deposited in the insti- tution, and transferred by it from any one office to any other where required, free of charge, by the banking department ; all transfers of mone3"s for the Government as well as individuals to take place without any checks. The capital to be awarded to each State in proportion to its population and property. The Commissioners for the issue department, to reside at their several branches, to be three in number, who shall issue the notes as specified, and to be appointed by the President and Senate of the Confederate States; the general management of the banking department at each office to be conducted by a governor and managers, say seven in number, three appointed by the Governor of the State and three elected by the local shareholders, and these to name a chairman — accounts to be kept with private individuals and States as may be prescribed by the managers, the issues of notes for circulation, after the issue of fifty millions, to take place upon the deposit of two 14 COMMERCIAL ENFRANCHISEMENT dolLars in Confederate debt and one in c.in, up to say eighty millions — beyond tliat sum to be only issued upon one dollar in coin as a deposit for each dollar of note. The power to issue notes for circulation to be limited to the period of the extinction of the Confederate debt. No transaction to take place in any description of bills or notes maturing beyond the State in which the office was located. The debts due to the institution never to exceed twice its capital at any of its offices. The issue of post notes, at periods not beyond thirty days, upon the deposit of money with the banking department, and payable to the order of the depositors, to be obligatory, provided the amount named docs not fall below dollars. It cannot escape the least observant, that the restrictions against the dealings in exchange, as it is generally termed, are positive; and as this subject should be disposed of satisfactorily by the Congress of the Confederate States, it is in our judg- ment rio-ht and proper to declare invalid all evidences of debt due, or to become due at any point in any State adhering to the Government of the United States. This Avould upturn and destroy the stupendous operations in exchange bills, in which the State banks of the South have participated to the prejudice of our commerce and agriculture. The credit given in the sale and movement of the crops of the South has left us with a large amount of bank issues, totally inconvertible into coin. The purchaser of our crops, say of cotton, instead of sending his means direct to us, has been in the habit of directing the pur- chases to be made and a bill drawn on his agent in New York at date, and this agent would sell his sterling exchange on the purchaser in, say Manchester, England, retire the draft from New Orleans, Mobile or Charleston, as the case might be, the cotton going forward, and not unfrequently reaching Man- chester, and being converted into goods and sold before the maturity of the bill. The credit given in these transactions inures to the manufacturer in Manchester, and is furnished by the banks of the South, and works out the simple result of leav- ing the coin, which ought to take the place of our cotton Avhen it is shipped in our own country, in the hands of the English manufacturer. If the purchaser reside in New England it is the OF TUE CONFEDERATE STATES. 15 same. The banks of England, France, or of New York, leave thh whole business to merchants ; and their sagacvtj need but be commended, since suspensions of specie payments arc not practiced by them upon every flaw of adversity as is the case with us. The tendency of the banking system is to expansion. Our effort to unite circulation and discount must fail. The principles arc antagonistical and as irreconcilable as the asperi- ties between paper money and coin. The transfer of the crops of the South, if confined to ready money, will bring buyers to our doors prepared to pay down for their supplies. Certainly, we are not able to sell our enormous crops on credit, and this being too obvious, the action of our Congress can remedy the evils by furnishing a convertible currency, and taxing all other bank issues upon each note, say ten cents the first year, advancing five cents for each year, for tAvcnty years, the revenue thus derived will be $750,000 the first year, increasing annually with the tax, taking all the notes issued by the banks at 375,000,000, and the denominations to average ten dollars each. The term of twenty years would bring us into a condition of affiiirs in which none but large bank notes would exist; and if Ave paid off our national debt, a metallic currency for all the small transactions of the country would prevail. The tax on bank issues is one of the very lightest which eould be imposed on the country, as the annual interest on the very smallest note would, for years, be more than the tax imposed by the Government. Wc need coin in all the smaller transactions. Bank paper is its foe; we must remove that before the other will come in its place. This digression Irom advocating an exchequer has been unavoidable, since the whole subject of the currency of the country is in review. One of the objects which we think may be accomplished by an exchequer is to furnish upon a basis of ten millions in coin, credits available to the Government and the borrowers of money to the extent of one hundred millions of dollars. It is established as a fact, that any issue of bank paper, justly in circulation, must leave a debt behind it which it is valuable to pay. "When to this we add the other quality, that it will be credited and received by the largest money dealer in the country, the Government, no doubt can 16 COMMERCIAL ENFRANCHISEMENT exist as to its usefulness as a circulating medium, but one and only one of these qualities, the latter, exists in regard to a treasury note. The reverse is the fact respecting the other quality, as it, the treasury note, gets into existence, as evidence of an indebtedness to its first holder ; and since the dues to the Government are smaller than the notes which may be issued, their value as a circulating medium must be short-lived and ephemeral. The treasury notes of the Government are cheer- fully used by our citizens and the banks ; and if no other evi- dence was furnished of the cordiality with Avhich every interest was prepared to sustain the Government of the Confederate States, this would be ample ; but we are dealing with principles older than our Government, and more permanent than our present conflict is likely to be. There is a standard of values recognized by us and all the world, and that standard of values is for every transaction, viz : so many grains of gold or silver, called in our language and for our commerce a dollar. We may evidence our indebtedness by any description of paper issues most acceptable ; but the debt cannot be cancelled by the country until taxes are collected from the land, and labor sufficient to liquidate the obligation ; but the strong confidence evinced on all hands in our cause and our delivery, carries with it power onoudi to overcome all difficulties connected with our finances. Still, that this immense force shall be conducted into safe and judicious channels, has been the object of these suggestions. OF THE CONFEDEllATE STATES. 17 CHArTER III. WEIGHTS, MEASURES AND COINS. As gcrman to these subjects of commerce and finance, comes up the subject of weights and measures ; and here, fortunately for us, tlie hibor has been already performed by the French. The spherical distance from the equator to the pole has been carefully ascertained to be 5,130,740 toises (six feet 89450-100000 parts.) This divided by ten millions of parts gives the metre (which is 39 371-1000 English inches.) This is the unit of their measures of length. Its square and cube arc taken as standards of surface, capacity and solidity. The gramme, which is the unit of the French weights, is the one- hundredth part of a cubic metre at (39.26 degrees temperature Fahrenheit or 4® centigrade,) the melting point of frozen water. The litre French for measuring capacitj', is the cube of one- tenth of a metre. The terms for multiplying are Greek ; those for dividing are Latin. A simpler or a more exact system can- not be devised. We could adjust ours from natural objects, such as the seed of tobacco or cotton, or even the fibre of the sea island cotton ; but the present complex tables of Troy weight, "Apothecaries weight," Avoirdupois weight, "wool weight and cheese and butter weight," are indefensible expect that they are in use, whilst our measures arc equally as bad. "Long measure," superficial measure, "cubic or solid measure," liquid measure, "dry measure," and wood measure — ever}'- one arbitrary. New names and a new coin for our standards struck by ourselves, abrogating entirely every name of every instru- ment which is now attached to our commercial intercourse, will destroy the badges of our inferiority. Let the baptism of fire and blood through which we are passing, enable us to speak a new language in our exchanges with the world. We are on the banks of aii eternal deliverance from bondage ; let us speak with new tongues ; let us not recall our former servitude by any word which is used by that race and Government whose course 2 18 COMMERCIAL ENFRANCHISEMENT toward us ought to make us hesitate to speak even the same vernacular. The metrical system has been adopted by law in Spain, Belgium. Greece, Holland, Lombardy, Poland, Switzer- land, and in Chili, Columbia and Mexico. Tlie Convention veaohed this conclusion on this subject ; liesolvcd, That to facilitate and simplify commercial calculations in tlie comtiy, we recommend that the Congress of tlie Confederate States pass a law regulating coins and weights and measures, and that the basis shall be put upon a decimal ratio, with appropriate denominations. OF THE CONFEDERATE STATES. 19 CHAPTER IV. The Tdllowing articles were pnblifjlied upon the subject of Weights, treas- ures anil Coins, by the author of this treaties upon Commercial Enfranchise- ment in the onler in vvliicli the> here appeal. The proposed alterations in our weights and measures, as well as coins, which suggests the French system instead of our pres- ent ones, must lead to investigations of some value and interest, and being perfectly satisfied and approving of the action of the Macon Convention on the subject, the following statements of names, and the origin and value of the metrical system, are re- garded of sufficient importance to claim general attention. The metrical system has one unit for its basis, is universal and decimal : from the unit of length all the other units are derived. In order that this unit might belong equally to all nations, it was taken on the actual dimensions of om* globe. It is the ten millionth part of the quarter of the terrestial meridian. This miit of length is called "metre" to adapt it to the deci- mal calculation ; the metre was sub-divided into parts of ten, and those into others ten times smaller, and its multiples are by ten, and those by ten again. The metre serves as a basis to the other units in the follow- ing manner: The arc, or the unit of superficial measure, is a square, the size of which is ten metres long. The stere, or the unit of cubation for wood, is a cubic metre. The litre, or the unit of gauging vessels for dry or liquid materials, is a cube, the side of which is one-tenth of a metre. The gramme, or the unit of Aveight, is the weight of a cube of 1.100 of a metre, or one cubic centimetre of distilled water at its maximum density, (4.0 centigrade) weighed in a vacuum. The franc, or the monetary unit, is five grammes of an alloy compounded of nine parts of fine silver and one part of pure copper, and made under guaranty. 20i COMMERCIAL ENFRANCHISEMENT All these units are multiplied and divided like the metres, to systematize the denominations. The names of the multiples are taken from the Greek language, and those of the divisions from the Latin, thus: deca for ten; hc<;to for 100; hilo for 1,000; myria for 10,000; deci for one-tenth, or 0.1 ; centi for one-hundredth, or 0.01; milU for one-thousandth, or 0.001. These names are written before that of the kind of unit in ques- tion. Thus, we say 1 deca-metre for 10 metres; kilo-metre for thousand metres; kilogramme for a thousand grammes; centi- metre, centilitre, centigramme, for 0.01, or one-hundredth of a metre, of a gramme and of a litre. Each of these multiples or divisors may, in the calculation, be taken for principal units. It is thus that the kilometre serves as unit of topographical length for railroads; the milli- metre for micrometical measures; the kilogramme for the weights of commerce, &c. Custom has adapted all these Greek and Latin names onlv for the metre, the litre and the si;ramme. Those which belong to the are, are only the hectare and the centiare ; those which relate to the stere are the decistere and the centistere. For the franc the names of decime and centime, taken for 0.1 franc, (one-tenth,) 0.01 franc, (or one-hundredth,) are the only ones that are made use of. It is an ascertained fact, that this adjustment, so simple, pre- sents the feature of remarkable unity in this: that there is no standard of measures of capacity; in fact, it would be unneces- sary, since the litre, the unit of this standard, is a cubic deci- metre; and a cubic decimetre of distilled water, at its maxium density, weighs in a vacuum exactly one kilogramme. The above facts are drawn from official sources, and present us with much worthy of careful consideration. We are enter- ing into a new order of things; and setting up for ourselves as a nation, we demand and seek independence and individuality as a people. Commercially, we have been wholly dependent on Yankee masters; in striking oif our shackles and reaching out our unloosed arms ; let our tongues utter new words ; let new names be adopted for our insignia in commerce and trade — differing in everything from a Yankee in our thoughts, our OF THE CONFEDERATE STATES. 21 religion, our feelings, our laws, our institutions, our voices, our walking, our writing, and our talking; it surely must be soon a necessity that we have new weights and measures as well as new coins. Commercial independence is, and has been, the burden of thousands of speeches and myriads of essays throughout the Confederate States; many theories have been suggested, but it is singular that not one single Legislature, Congi-ess, or even any council, has adopted any suggestion by changing any law or usage, and for all apparent good, we yet sec the vast changes now taking place in our political relations will find us just as much a Yankee-patronizing and sustaining province as we for- merly were. Reformation by changing our commercial language will certainly make us a different people so far as our books of accounts are concerned, and also in relation to our school-books, in our counting-houses, at our exchanges, in our stores and shops, in our apothecaries and drug stores, as well as at our market-places; and when at all these places the people speak a new tongue in their buying and selling, we shall know certainly we have begun to carry on our affairs independently. The fact that in the dispersion of mankind at the Tower of Babel their language was made different, announces a potent principle, which we can apply to our commercial interests without detri- ment. The questions as to the value of any one system over another, are to be discussed hereafter ; and in placing the above facts and suggestions before the reader, his consideration of the sub- ject may suggest a different and better system. We may, at the least, think over the names and familiarize our minds with the necessity for such action as shall cut off all evidence of our accursed connection with the United States. If, by any occur- rence in a single day, the people of the State of Tennessee should change their language to the French, intercourse with them of every kind would be seriously interrupted, if not en- tirely suspended; and so with our language of commerce. If we shall, in the Confederate States, change our commercial lan- guage, make it different from the Yankees, we may certainly infer that a serious obstacle will arise to intercourse with them. 22 COMMERCIAL ENFRANCniSEMENI CHAPTER V. ''Wliose is this image and superscription?"' The answer to tins question settled the nationality of the place at which the interrogatory was put, the piece of money, the com of tlie country, had upon it the image of Caesar, it was the current coin, the money of Syria, and it was evidence of the government to which they should pay tribute — a simpler elucidation could not have been found. It settled the question of their obedience, their subjugation, and of their duty to obey their sovereign's demand. This fact announces, in plain terms, that every nation should indicate its existence by its own coins. Have we any? The Confederate States have no coins. There is no legal unit (for a dollar) of the Confederate States. A 5-franc piece, by the act of March 9th, 1861, is declared to be worth ninety-five cents, and a Mexican and an United States dollar to be worth one hundred and two cents. On the 9th of March, 1861, a law was passed requiring that suitable dies should be prepared for the coins of the Confederate States, but nothing has been, as yet, done vipon the subject. The relative value which gold and silver bear to each other, as well as what ought to be their relations in our circulating medium are to be declared. In 1834 the United States Government made the value of gold to be sixteen to one of silver ; it had been fifteen to one by the act of 1793. The alloy is inexact in the coins of Great Britain and the United States, and indeed of all nations except the French. The sovereigns of Great Britain are finer than the French Napoleons ; the Mexican and United States silver dollars are finer than the French five-franc pieces. The object of all alloy, that is, durability as well as exactness, is secured better by the policy of the French Government, by making their coins out of a mixture — one-tenth of which is of an inferior metal, copper, with their gold or silver coins, and in the copper coins ninety-five copper, four of tin and one of zinc. OF THE CONFEDERATE STATES- 23 The real value of a kilogramme of gold is thirty-one hundred francs: in j^ilver two hundred francs; in copper ten francs. A centime, in copper, weighs one gramme; a franc silver five grammes; twenty centimes, silver, one gramme. The franc, their unit, may be very easily converted into a standard of either a weight or a measure, as it is 23-1,000 of a metre across its face and is just 1-200 parts of a kilogramme, the commercial unit of weight. The questions which might arise with a nation respecting any change in their coins ought not to be considered with us, as wc begin our existence and ought to seek the true standard and adopt it. If Ave make silver our unit in our coins, then wc should find the simplest weight and make the coin to contain a decimal of the mixture, which itself should possess decimal proportions of alloy and pure silver. The same course should be pursued if we take gold. The names to be applied to these coins should be expressive of the nation. We have the words Confederate, State, county, which could be easily used without any violence to the customs of our people. The ques- tion once settled as to the unit, the names are simple, and the decimal being the divisions, of course custom would soon regu- late the balance. One thing is, however, certain that nothing can reconcile the people to any other than a decimal system in their currency; and if any argument were needed in favour of a decimal system in weights and measures, this very fact that, after a trial of the principle in the currency, the experience of the whole population approves of it entirely, would answer every objection against the adoption of a decimal system in our weights and measures. Moses said, "Do not say any unjust thing in judgment, in rule, in weight, or in measure; let the balance be just and the weights equal ; the bushel just, and the sextary equal." The impossibility of being exact in our weights and measures, with our present system, will be made apparent by the statement of a few facts : A grain of wheat taken from the middle of the ear, ivcll dried, is the standard which starts the jjoimd troy — a.s follows: 24 grains a pennyweight, (an old silver coin of Great Britain being of that weight,) 20 pennyweights an ounce, and 12 ounces a pound. In avoidupois weight there is a starting 24 COMMERCIAL ENFRANCHISEMENT point, except that, by an act of Parliament, 10 grains make one scruple, and 3 scruples a drachm, 16 drachms an ounce, and 16 ounces a pound, in the same natural object. In apothecaries' weight we have a long string of names suitable for doctors and quacks to call over and write out for the apothecary, but there is no meaning to any of these several words out of the pursuits to which they relate. A grocer is, by his profession, a stranger to the weights of the apothecary, and the silversmith would do a poor business if he adopted the weights of the grocer or the apothecary, as he must use troy weight or dian>ond weight; but yet we teach our children all these tables, and they are all in use amongst our people without any advantage, but very great troiible, and not unfrequently with blunders and mistakes^^ and never with positive exactness. Since twenty grains of one field and one variety of wheat will weigh very differently from another twenty grains from another field, and as Ave are seeking exactness, and as the foundation of the whole system is variable, we should abandon the system as worthless and look for another. Our measures are equally as objectionable, as a few facts will demonstrate. We have, as the starting point, or the unit, the inch, defined thus : three barleycorns make an inch, twelve inches a foot, three feet a yard, &c. In many portions of the Confederate States barley is not known. It being one of the staple productions of England, however, she might apologise for making such an object the basis of her long measures, but for us it has no claims of this kind. In measuring grain, or to speak as the merchants now speak, by dry measure, we have a bushel in name, but the thing used is a half bushel, with but few exceptions. Ten pounds of distilled water is a gallon, and eighty pounds of distilled water is a bushel — this measure is, of course, dependent upon the wheat grain, and that being variable, the standard which we have derived, and is in use, must be defec- tive. Our liquid measures are divided and subdivided so singu- larly as to require familiarity, in absolute use, to make us recol- lect them. Four gills a pint, two pints a quart, four quarts a gallon, &c. Cubic measure is a real difficulty — let us state it: 1,720 inches a foot, 27 feet a yard, 12 cubic feet a ton of ship- ping, &c. Our square measure are, of course, bottomed upon, OF THE CONFEDERATE STATES. 2') the divisions of inches, feet, yards, &c. An acre is a quantity of land in which there are 4,840 yards square, or 160 square rods or perches, and which it takes a surveyor to ascertain with certainty. So difficult and treacherous arc all our weights and measures, that in almost every article of build. ng, and for every piece of work done by house-carpenters or railway builders, or land sold, the sworn professional weigher, measurer, or surveyor, is essential before the simplest i^ettlement can be made between neighbour and neighbour. We have in each State a page or. two, and in some, doubtless, more, of laws upon the subject of weights and measures, all of which are bottomed upon a stand- ard derived from the United States, and they obtain their stand- ard from England, and she had hers from the sources already alluded to. Now, is there any real, unchangeable, fixed and exact standard existing in nature capable of being used instead of those we now have? If so, the simplest understanding must determine in favour of its adoption. The fact that the earth has been already measured, and that its proportions are definitely ascer- tained and applied to weights, measures and coins, furnishing every required advantage, has been announced by the highest scientific authority in the whole world — the French Academy of Sciences. A history of the facts connected with the affair is of the highest importance, and, with such materials as are at command, we may gather all of the imposing results of this interesting appli- cation of science to the commerce of the world. In 1700, Talleyrand obtained from the Constituent Assembly, of which he was a member, an order that the Academy of Sciences shoi^ld found a metrical sj^stem based upon nature and suitable for acceptance by all nations. The Academy fixed the unit at the ten millionth part of the terrestrijil meridian — a measurement having been made by Lacaille, in Peru; but another line was measured, passing through France, extending from Dunkirk to Barcelona, and afterwards northward through England and Scotland — and from the Isle of Wight southward, through Spain, to the island of Fomentera. This ffvand achievement, durinir the throes of revolution, was participated in by other nations at the invitation of the provisional government. This commission 2G COMMERCIAL ENFRANCHISEMENT was composed of the following persons : Berthola, Borda, Bris- son, Laplace, Lefevre, Gineau, Legendre, Mecbam, Monque, Prony and Vandermondc, members of the Institute of France; Aenx and Van Swinden, sent by the Republic of the Nether- lands; DeBalbo, by Sardinia; Bugge, by Denmark; Ciscar and Pedrayes, by Spain; Fabbroni, by Tuscany; Franchini, by the Roman Republic ; Mascheroni, by the Cis-Alphine Re- public; Mullcdo, by the Laguyrian Republic; Trallcs, by the Swiss Confederation; Vassalli, by Piedmont; Lenoir, a French artist, who executed the metre and apparatus relative to it, and Fontiae, also a French artist, author of the kilogramme and its apparatus. Julliet Lavoisier and General Meunier took an active part for only a short period, unfortunately. This com- mittee, after suitable verification, reported the metrical system of measures, and the weights were deduced from the metre with the new coins, constituting five units, as follows : A metre — 1-10,000,000 of the distance from the equator to the pole. An are — 100 square metres. A store — 1 cubic metre. A gramme — 1-100 of a metre of water, the unit of weight. A litre — 1-10 of a metre square. These names are very simple, and are invariable, and one reveals the other. The coins are of different weights and measure certain proportions of a metre, as has been stated before. Now, the question arises, can we in the Confed>.rate States adopt a metrical decimal system in lieu of the one which the Yankees use? The great change wrought in our currency was Mr. Jefferson's work, by which a decimal currency was substituted in the place of our confused pounds, shillings and pence. May we not, with perfect propriety, carry into our weights and measures the very same principle which we have so much reason to see is the simplest and the best in our currency. The names of the new weights and measures, as well as our coins, may need some very immaterial changes, and the revolution in our whole social and commercial and literary existence becomes as great as that in our political relations has been. Why may not the Congress now in session pass a resolution authorizing OF THE CONFEDERATE STATES. 27 the President to appoint a committee of one or two gentlemen, of known intelligence, from each State, to prepare a system, embracing the decimal metrical principles, and dissolving our language in commercial intercourse from the Yankee language, because it is a better one and a purer tongue. Let us of the Confederate States adopt it, drawing from the earth on which we tread the system by which we will buy or sell, and teaching, in every business transaction, by the image and superscription on the coin we may use, that we are a race of men affirming our nationality, and in our weights and measures declaring tliat we obey the great Jewish Lawgiver — the balance being just, th/g weights eci[ual, the bushel just, and the sextery equal 28 COMMERCIAL ENFRANCHISEMENT CHAPTER VI. One of the highest acts of sovereignty -which any Government performs, is the assigning of instruments to commerce, and designating the names by which they are to be known in every transaction, by which property is passed from citizen to citizen, in all their buying and selling, exchanging or bartering. These things, called by names originating in the customs of the people, were ascertained and announced by the Governments of the world, from uncertain standards, up to the period of the French revolution, in 1790, when a higher and more comprehensive suggestion was inaugurated^ as that intelligent and scientific people took cognizance of the fact that, of all the words used amiongst mankind^ the names of their coins, weights and measures were used as often, indeed oftener, than any other words in their language — that the language of any people, if found to be adopted from their con- querors, was conclusive evidence of their entire subjugation. They recognized the fact that Vt'ords used so oftea as the namea of the weights, measures and coins of the people^ should convey ideas of an exact and positive character; that anything called by a name to be explained and comprehended, the thing itself must be shown, and the name by which it is called must be told to the listener before the mind can form any idea of the thing itself. None of us could possibly conceive of what a man speaks in an unknown tongue^ although he might announce the name very clearly, or if the commonest object about us be called by a new name we must learn the change of name and see the thing alluded to before the mind can understand the sound. Our Government calls the measure by which cloths of all kinds are sold "a yard*" We have seen the thing which marks the length on the cloth, and we understand the quantity we shall buy or sell, when we hear the word mentioned; but why call it a yard; why not call it the "measure"? What we mean by the word yard, we know to be the distance which three feet, com- OP THE CONFEDERATE STATES. 29 posed of twelve inches each, the inch heing just as long as three barley corns, when laid end to end. In plain language, a "yard" is just the same space that one hundred and eight barley corns would cover laid in a straight line on a level sur- face, each end of each grain touching the grains next to it, and this is the idea, the thought which is conveyed to the mind when the Government says "a yard" — by its la^vs or its proclama- tions, since it is a term in law as well as custom. Every one who can calculate in figures the simplest sum will readily under- stand the great ease and exactness of all calculations by tens or hundreds, a decimal or its compound. Why, then, should we impose upon ourselves and upon all who may come after us the unnecessary labor which that learned simpleton, John Quincej Adams, refused to take from our shoulders, when, in 1821, this very question of decimal weights and measures was reported on by him when Secretary of State; and chiefly by his deport- ment, the United States Government refused to adopt a decimal system, in lieu of the burthensome and complex one which we had inherited from England, and which in turn the Confederate States have adopted from the Yankees. If we mean to express a distance from one point to another, the fractions below the unit can be expressed better in parts of a hundred than in parts of a foot — an inch — or by quarters, halves, or eighths or six- teenths. This is too clear to admit of discussion. Is not the measure itself objectionable, when we come to analyze it? Sup- pose we should take a certain part of the distance of the earth's surface, from one point to another, as the French have done for for our unit, and divide it into decimals, as they have done — we should then find our Government and our people, when speaking of the measure, would mean exactly the one ten-millionth part of the distance from the equator to the pole, or one forty- millionth of the distance around the earth through the poles. The name by which this thing shall be called may lead to some discussion, as the whole reformation in our commercial nomen- clature turns on this starting point ; for if we can dethrone the "yard," the origin of which has hecn traced to barley corns, we have dispelled the charm of the whole system, and the pathway becomes clear to a reformation, absolute .and incalculable, inas- 30 COMMERCIAL ENFRANCHISEMENT much as every Yankee book is expelled from our schools, and every word a Yankee uses in buying or selling becomes obsolete as certainly as the course of nature continues ; for the new measure, bottomed on the size of the globe on which we live, be- comes the foundation of all the weights and coins, as well as of every thing to be measured. We shall speak a new commercial dialect, truthful because exact, becoming because it will be just and right. The word yard is a bad one — it signifies other things than a measure, as an enclosure ; when used in regard to ships, it means a long piece of timber suspended upon the mast by which a sail is extended. We have the word "meter," or "metre," signifying measure, and already applied to this very subject by a very large proportion of the civilized world. In France, Greece, Belgium, Sardinia, Switzerland, and indeed all Continental Europe, the meaning of metre is far better under- stood than the word yard* The metrical system has been adopted by some of the South American States, as well as Mexico ; and the word metre, the term employed, is in use in all these countries, signifies the same everywhere, and is stereo- typed in" its application to distances and measures of all kinds throughout the world, for all time to come. In the French sys- tem, they have borrowed all their nomenclature from the dead languages — the dividing terms being taken from the Latin, and the multiplying ones from the Greek. It has been said with some pious emotions, and with much apparent force, that when the oracles of the Jewish Scriptures became complete, the Hebrew language ceased to be a spoken or living language — that upon the completion of the New Testament Christian Scriptures, the Greek language became a dead language ; the Book of God thus is stereotyped forever beyond the possibility of change or interpolation by any agency. The French Acad- emy of Science, with her philosophers and statesmen, in search- ing for names, borrowed their words fromHhe dead languages^ hut the things they signified from the unalterable proportions of the earth itself ; thus, by two immutable things adjusting upon exact principles, the instruments of their commercial transac- tions to the latest posterity. We are wishing to liberate our- selves from Yankee ideas in business matters, let us change our OF THE CONFEDERATE STATES. 31 words in business affairs. Wc uish an independence of them commercially ; let us make our language of commerce a different one, and the thing follows as a necessary consequence ; for although commerce may be king, yet the king must and does obey laws, and one of those laws erce of our country in the place of the words yard and pound, do more in the course of time to destroy Yankee influence in the Confederate States, than did the battle of Manassas — and we value above any price this splendid exhibition of Southern valor. The kilogramme weight is exactly the weight of one-tenth of a metre square of distilled water — the unit of measure for liquids. If, therefore, science and the plainest truths can weigh upon a question of so much gravity and so easy of accomplishment, we anticipate the action which has been suggested, viz: the ap- pointment of a committee of enlightened gentlemen to prepare and report to Congress a decimal system of weights and measures, as well as new coins, deriving the unit of measures from the metre, which we have shown is the basis of the whole system. The ten figures we use in our calculations are constantly tell- ing us on every occasion that we may use them, that the decimal system is the simplest and the best ; but the facts that every approach towards it^ntroduction into general use has been ap- proved and sanctioned by all the nations who have tried it, and that we arc devising means of escape from Yankee tyranny and aggression, and that the enemy of Southern men and of the Southern States, John Quincy Adams, opposed the introduction of the decimal system into our weights and measures, after Mr. 32 COMMERCIAL ENFRANCHISEMENT Jefferson had introduced it into our currency, should certainly go a great way in determining us to abandon a system bad in itself, but rendered worse by its use amongst a people who are to-day plotting our destruction by sea and land. Revolutions iire far more valuable in unloosing men's minds from old ideas and forcing society into new habits and customs, than they are in settling rights or adjusting disputes. If amidst this one of such fearful magnitude, our habits and customs shall so change as that the very language of our Aveights, measures and coins shall be made new and cleansed of its pollution from Yankee words and things, we may say, in years to come, with the intel- ligent and gifted philosopher and tradesman of France, as he looks upon the metre on his counter — the letre upon his shelf, and the franc in his till, and his code Napolean on his table, these are some of tjie gifts to me of the bloodiest revolution in the tide of time, and they are more than any other country has ever obtained from any civil or political revolution, since they teach me the size of the earth, the value of science, the excel- lence of fairness and the wisdom of justice. It may be stated as one of the last measures brought to the attention of the Confederate Pongress by the illustrious states- man, John Tyler, was his resolution instructing the committee on Commerce to enquire into the expediency of adopting a new system of weights and measures, as well as new coins for the Confederate States. Your valuable suggestion respecting the coins for the Confed- erate States in your editorial of the 23d inst., renders it neces- sary that an omission in the communicatian upon weights, measures and coins should be supplied. The values of all coins arc ascertained and defined by their vrEiGiiT and fineness — as appears by our acts of March 16th, 1861. The American dollar should wei^ 412| grains. The Mexican dollar 415 grains of 867||.000p pure silver ; a five franc piece should Aveigh 384 grains of 900||1000 pure silver. Our unit of weight is a wheat grain; and since all wheat grains are not of the same weight, the standard is inexact. If we were to derive our unit of weight by taking the distance from OP THE CONFEDERATE STATES. 33 one place to another on the earth's surface, and dividing that distance into a given number of parts, and then take a fraction of a single part and construct a square measure and fdl it with distilled water of a given temperature, we should have an exact standard of tveiglit^ since every such measure would weigh the same everywhere. As to the size of the coins, it is but too obvious that we snould avoid the diminutive unit of the French, although the skill with which they have ascertained the distance from the equator to the pole, may be worthy of our highest praise, and even adoption, as the means by which we shall find a unit of weight, in lieu of the grain of wheat and as a basis for our measures, in place of the grains of barley corn. A new nomen- clature in the place of our yards, ells, acres, miles, roods, perches, penny-weight, scruples, gallons, gills, quarts, pints, butts, pipes, tons, pounds, stones et al, &c., seems so necessary that.it needs not to be commended. We do not abandon the decimal currency by altering the unit of weights, although it would upset the standard by which the value of the coin itself would be ascertained. You desire to get rid of the word "dollar" because the Yankees use it — a southern sentiment, and evidences a purpose which seeks independence, and will ob- tain it — the proposed system for new weights and measures will get rid of it. We positively have no standard for weights, measures or coins, and yet make them standards of admeasurement for other things. How long is a foot ? As long as twelve inches. How long is an inch ? As long as three barley corns. How long is a barley corn ? That depends on circumstances. What is the weight of a grain of wheat? Sir Robert Peel, in 1817, when advocating a reform in the currency of Great Britain, says he asked a witness before the Parliamentary Committee what a pound sterling was, and his reply was, "I can't tell you, but* every body knows." The great statesman at once undertook the great work of reforming and correcting the inaccuracies existing in the coinage of the kingdom, the process by which this was accomplished need not be related. He reached as much exactness as the bad standards 3 34 COMMERCIAL ENFRANCHISEMENT he found in use would warrant. But we must not dismiss this important subject without saying that there is hut one exact and unalterable standard yet discovered, viz: A certain proportion of the distance from one point to another of the earth, and this standard is applicable alike to weights, measures and coins. We shall encounter some difficulty in deciding whether we shall take silver for our unit or gold ; if we adopt gold, we may very readily find a unit of such value as will obey your sugges- tion for a larger unit than we now have, and yet observe the decimal divisions; if we adhere to silver we may be compelled to find a reconciliation of the decimal proportions of alloy and pure metal with the same principle in the division of the coin itself, in an unit possessed of more bulk than convenience would justify. The matchless resources of the country and the gene- rous dispositions of our people, seem to indicate a large and valuable unit as proper for us, since the coins are part of the character of the nation that may use them. OF THE CONFEDERATE STATES. 35 CHAPTER VII. FREE TRADE-EXCISES -MERCHANTS' SALES, &C.-SOTJRCES OF REVENUE-DIRECT TAXATION. We now approach the subject of taxation, the true method for raising the revenues of the Confederate States — whether by taxes of an indirect character on imports — by excises — by taxation on the sales of merchandize, d* by a direct tax on the whole property of the citizens of the Confederacy. History furnishes us with the fact, that two prolific sources of wars amongst mankind have been the collection and disbursement of the public revenue. The decay and downfall of nations lies deeper, and is traceable to the wearing out of the lands on which they live, more than to any defects in Government. An enquiry into the reasons which led to our separation from our late associates, must compel us to recognize as one of the chief causes of dispute, and, indeed, the very root and beginning of the quarrel, a tariff on imports ; for obviously until the col- lection was made, no distribution could occur ; and although we felt and saw the injustice practiced upon us in the distribution, as well as in the collection of the revenue, yet, if there had never been any duty levied upon the imports of the United States, our situated might, and doubtless would have been widely different from that we now occupy. The dispute be- tween the disciples of protection and revenue may vindicate the folly of one side or the other, but the system of raising the revcDues for a Confederacy covering so many degrees of the earth's surface, by a tax upon the productions brought into it for sale at the very moment of their introduction, is objected to because of its injustice and want of diffusion amongst the people, and particularly by a tariff varying the charges on the different articles. A tax upon all the property of a country, according to value, is an ad valorem tax ; but if property in land be taxed one dollar, and property in horses or slaves to be taxed at fifty cents. 86 COMMERCIAL ENFRANCHISEMENT it is not ad valorem, and, singular as it may seem, our tariff has been enacted so as to violate these simple principles. Different charges being exacted upon the value of different articles — the article, not its value, regulating the charges exacted by the Government — the reasons Avhich controlled our Congress must have been those which have been offered by the old Government that now is tottering into the grave, viz., that articles of luxury must and ought to pay more than necessaries — the decision of what is a luxury and what a necessary being made, of course, by Congress. A pair of boots costs five dollars in Paris ; the duty is fifteen per cent., or seventy-five cents; a diamond may cost the same to ornament a breast-pin, the duty is ten per cent., or fifty cents ; the cost of cloth enough to make a coat may be in England ten dollars, the duty will be one dollar and fifty cents ; the value of forty pounds of South American wool may be the same, and yet it will pay only one dollar. You tax one citizen upon his consumption one sum and another citizen a different sum upon the same value of foreign merchandize — the folly and injustice of these discriminations is too obvious ; but the statement that neither would pay anything unless we used the articles, thus rendering all imposts optional with the citizen, is of all the defences for injustice the most deceptive and Jesuitical, in this, that it assumes we ought not to trade with any nation except ourselves, as all other buying is taxed rightly. The whole argument comes to this absurdity, and ought, there- fore, to be discountenanced and abandoned forever. If a uniform rate of duty upon all articles was adopted, it would be a nearer approximation to justice and equity ; but a fatal objec- tion exists respecting all duties upon imports, which cannot be removed by any device yet discovered. How can the value be ascertained ? If the value at the place of export is taken, that varies as between seller and buyer so much as to favor all who consign goods on their own account, made by themselves, and of course the foreign manufacturer becomes the supplier of our markets, through his own agent, who swears to all the invoices sent him, as to the cost and value to the maker, with- out detriment, if he escapes detection ? Our resident importers are merely dealers in selected articles, and, if honest, cannot go OF THE CONFEDERATE STATES. -J t beyond this limited sphere except \sitlialoss. If you take a home valuation, different valuer will attach to the same article at different ports. This objection is positive, and cannot be removed as against cither system — a home or foreign valuation. The policy of making the merchants of the cauntry its col- lectors of revenue cannot be sound, since the honest man is defeated in his vocation by the unscrupulous. The Government. l)v gathering its taxes at the gates of the country, declarer itself unwilling to place any confidence in those who propose to bring in their property for sale. The smuggler, undetected, is without a crime, and, with his class, is an object of admiration. The detective, as the Government officer is obliged to become, is not an enviable character. ■ The worthy merchant feels and sees the injustice to him, which ought te be removed, but he is without any remedy, since there is no citizen of any country who can tell the cost to him of his Government when the taxes are collected on imports. The revenue is collected as stealthily as the pickpocket filches property from his unsuspecting victim. The results upon the mind of the independent citizen when forced to choose between the swindler and the smuggler, wouM be a condemnation of both, but for his knowledge of the fact that his own Government was exercising the office of taking tribute from a people Avith6ut their knowing the amount actually abstracted. Yet we are burthened with a tariff on imports at the very threshold of our existence, as a Confederacy, bottomed upon old ideas taken from a Government which was tumbling into ruins, chiefly from this cause, when we escaped from it. The rapacity incident to man in every Government will en- deavor to use the power of the ncAv Government for its own ad- vancement, and we must expect a revival of the old quarrel unless we discard the system of taxation upon imports, by which the Government of the United States collected its revenue. The hiatus in the system which the war has occasioned is very lucky for the liberties of the country. The absence of revenue from the custom-houses has disembarrassed the subject, although the officers arc kept, with their salaries, in whole or in part, regularly paid — an expense which should be stopped at once. Excises levied upon certain articles, when sold, of both 38 COMMERCIAL ENFRANCHISEMENT foreign and domestic manufacture, such as liquors, salt, etc., are equally unjust ; but if an indirect tax, yet a certain method of securing the revenue without the difficulty of finding the value and an approximation to justice, be decided upon then as a basis of taxation, let the sales of the licensed merchants of the country he taken, attaching the simple condition that the article shall be taxed but upon one sale. This will settle the question of its value, for the sale will disclose the value of the articles quite surely. The fact of allowing every one to enter our ports with their products, free of charge, and here seek a market for them, would create for us ships, merchants and imports, and, as a consequence, .ready buyers and carriers for our crops. Could there be a question but that the Government would thus collect the amplest revenue, since it would take its revenue on a higher value than the foreign invoice ; and an additional recommenda- tion to that course would be, that the State officers could collect the Confederate taxes, thus dispensing with the immense army of custom-house officers. But the fact that the taxes which would be thus collected must come from the land and labor of the country, and would be gathered by indirect means, makes the proposal to collect the revenues of the Confederate States by a tax on the sales of the merchants, and not on their impor- tation, only a preferable competing proposition to do the same thing, viz : collect the revenue indirectly. Any system is better than a tariflf with different charges on different articles for an independent commerce. No independence can exist without liberty. To render a nation free and independent, it is a prerequisite that its trade should be free, absolutely. The hand of Government is pernicious in all trading, inas- much as all laws regulating the subject must originate in some interest or other. The major interest must enact them, and that for which all laws and constitutions should exist, viz : the protection of the weak, is defeated and overridden by the rapa- city of the majority. The fact that we are Southern States and people, owning the same kind of labor, will not dethrone the inherent organization of man. For every reason originating in integrity, and a sagacitj^ worthy of the great mission upon which we are now entering, let us discard every indirect method OF ■yiE CONFEDERATE STATES. 39 of obtaining from the people tlie money necessary to carry on the Government wliicli the States have called into being. The fact that so many State Governments, which manage our domestic concerns so well, collect their revenues in the open light of day, without difficulty, and that they and the people of whom they collect their taxes desire to know what they pay, should vindicate the system of direct ^nd honest dealing. The office-holder and the wealthy miser may dislike direct taxation : but, that according to the property of every man in the commu- nity the central Government should apportion its revenue, may be safely commended as a policy destitute of a thousaiul evils which must attach to any indirect method of securing a revenue. In addition to these reasons, absolute experience, as reported by Seybert, shows that the cost of collecting the direct taxes from 1791 to 1810, by the Government of the United States, was only four dollars' and four cents average on each hundred dollars. The cost of collecting the i-evenue through the custom- houses, for fifty years, was much more ; to which must be added the enormous cost of custom-houses, warehouses, revenue service, etc. Sec the financial report of 1857 and 1858 of the Government of the United States, and De Bow's Review, vol. 22, page 386, gives a table which makes the cost of the indirect .system fully fifty per ceittum more than the expenses of collect- ing the taxes directly. An argument in favor of direct taxation, if there were no other perfectly conclusive, may be f^und in the question respect- ing emigration, which must arise upon the return of peace. All taxes on imports act as a premium to emigration. A shoe- maker in Lynn will not come to the Southern States to make shoes if he have an open market for his productions ; but if he finds his shoes taxed, he will simply come into the Confederate States witli his tools and make his shoes here, thereby obtaining the protection furnished by the tax on the importation, and also protection against all other foreigners and their labor. Upon lliii: subject the Convention caino to tliis conchision : Resolved, 'ihat it be recommended to the Congress of tlie Confederato States to i*ns|iend the collecfioii of all duties on imports, and lhat all the pons of the Confederate Stales be thrown open, and be made free to the trade of all tlip ,,.t;,,,w <,jii,,. ^.v^ri.i ^,■l.o rnaiiitain peace with us. 40 COMMERCIAL ENFKANCUI^MEXT CHAPTER VIII. PROPOSITIONS FOR ADOPTION BY CORPORATIONS, STATES. AND CONFEDERATIONS. The pilot laws of some of the States arc prejudicial to foreign commerce; particularly is this so in Virginia. See the subject discussed, in De Bow's Review, and in a letter appended to the speech of D. II. London before the Virginia Legislature, January, 1860. The pilots should be made to enter upon every Northern vessel, and a Confederate officer, at the charge of the vessel, continued with her, during her stay in Southern waters, as a police over her. The voluntary feature respecting the pilots in all the States should be substituted instead of any com- pulsion to employ them as to all other vessels. The Government of the Confederate States was instituted to take care of our foreign relations, the States to watch over and protect our domestic interests. We suggest that the taxes collected upon each sale of mer- chandise by the States of South Carolina, Alabama and Virginia ought to be altered, and the principle of the license laws of Tennessee, collecting but one tax on the same article, could be substituted without detriment either' to the States or their com- merce. The dealings in bills of exchange and the banking laws of the several States are subjects which time and the operations of the tax on bank issues will correct. All city taxation should be abandoned on the use of capital and on trades throughout the Confederate States. "After the prodigious changes which have been Avrought in our situation, and, indeed, in that of the world, it has become absolutely necessary to enter on a careful, but fearless revision of our whole commercial system, that Ave may be enabled safely, yet promptly, to eradicate those faults which our former con- nections have enabled or displayed ; to retrace our steps where we shall find that they have deviated from the line of true policy ; to adjust and accommodate our laws to the alteration of OF THE CONFEDERATE STATES. 41 circumstarccs; to abandon many prejudices alike antiquated and senseless, unsuited to the advanced age in which we live, and unworthy of the sound judgment which should distinguish tile nation." Thcroforo, in view of tlic considerations anil fact-;, mc ask tbe c9ncurre)fico "■f tlie Convention at Macon in the following propositions: 1st. That the report preceding be laid before the Congress of the Confede. rate States, and such action thereon taken as shall be jti.stificd by the argu- ments therein contained, and such otlier coiisi