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The Daily Dispatch: August 13, 1861., [Electronic resource], England and the North. (search)
st all expectation of bringing the war, by the application of force, to an early close. The Democrats have discovered that not only have the issues been changed upon which the war was inaugurated, but that its prosecution involves the creation of an enormous public debt, and the imposition of heavy taxes upon real and personal property, and upon articles of prime necessity. Bankers and capitalists are beginning to weigh the cost of the war against its probable results. The efforts of Secretary Chase to obtain a loan of five millions of dollars upon Treasury notes at sixty days, have only been partially successful. Treasury notes themselves are already at a discount, with the prospect of a much heavier decline within a brief period. Where the extraordinary sum which Congress has voted to meet the expenses of the war is to be obtained no one knows, and but few venture to conjecture. In addition to these premonitory symptoms of trouble at home, every fresh main from Europe does but