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Wigfall on honesty.--In the rebel Senate, on the eighteenth of January, during the consideration of the impressment bill, Mr. Wigfall took occasion to give his views on the question of honesty. It was clear, he said, that if the prices of provisions, from the cupidity of producers, continued to increase, and the currency to expand at its present rate, the government would be confronted with the necessity of repudiation on the one hand, or of bankruptcy to the whole producing interest on the other. He then added:

If repudiation is to be the result, he was prepared to lay down his arms and surrender at once, for the loss of liberty would be more tolerable than the loss of honor. If the country is ruined by the incontinent madness of the people, every man of them will be ruined; if it is dishonored, they will all share the dishonor. Let the leaders of the people and the press explain these matters to the people, instead of telling them that they will gain their independence but lose their liberties. Let Congress pass such a bill as he had indicated, and let the members, when they return home, tell their constituents the object of the bill, and they will receive the plaudit: Well done, thou good and faithful servant.

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