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The maximum.

--We have no doubt that the popular side of this question is in favor of the maximum — at all events in the city. So believing, the Senator from the city, Gen. Randolph, has declared his intention to vote for it, acknowledging his obligations to comply with the wishes of the constituent body. We suppose the measure will pass, and do its part in facilitating the catastrophe of a depreciated currency, as it has always done. So universal has been the resort to it under circumstances like those now existing in this country that it and kindred measures may be after all as much a part of the disease as fever is a feature of nearly all the physical ailments of mankind. So we are likely to have the maximum, the interdiction of traffic in gold, etc., and laws most rigid for the suppression of vice. It is to be noted, however, as a mark of the spirit of self-sacrifice controlling the law-making power, that the vice for which lawgivers in our time are, scandalously or not, accused of having a partiality, has been most promptly and most rigidly assailed. The gamblers have made terrible inroads upon the resources of men in these flush times, and it is believed none have contributed so lavishly to the luxury and wealth of the tiger as Government officials. The prodigality with which he has been maintained and pampered is unexampled. The Government especially has suffered heavily in the corruption of its agents, and it is not wonderful that it has been deemed necessary to chain him for a time at least.--Unless the millennium, however, has indeed made its advent, he will again be unloosed for the gratification of those who yearn to meet him at his luxurious card and shake his irresistible velvet law.

If the people and the States would come forward and take the bonds of the Confederacy, and thus reduce the circulation of Confederate notes to a healthy standard, the prices of the necessaries of would fall to a reasonable standard without the aid of maximum laws. Such news would be indeed harmless then; the irresistible laws of commerce having as little regard for them in the decline of prices as it will be shown after a time they will have for them in the advance, unless some measures be taken to cut down the excessive issues of paper money.

In all these matters, and amidst the confusion of conflicting opinions, we have one consolation, and that is that the war will be fought maximum or no maximum — repudiation or no repudiation — and the country be free. If the people had the States choose they may do a great deal of good by improving the paper medium of exchange. If they do not, the paper system will travel the "fatimis decensus;" but the country will be deemed any how.

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George W. Randolph (1)
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