NATIONAL FINANCES.
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In consequence of letter, addressed by Mr.
EhiteS, as Chaitman Of the Committee Of Ways
and Means, to Mr.. GnliGfin, requesting his o.
pinon &C as to the most eligible mode of Oh.
tanning morey by loan-keeping in view both
the facility of borrowing sums commensurate
with the exigsncies ofthe u. State. and the ul
innate e3tinguishment of the debt contracted, :"
The Secretary Of the Treasury has made long,
and as usual an able report, Of which the fol-
lowing arc the OUT lines


Mems.


/. LoAxs-A probability that the holders OF
the @1eaanged six per cent stock, amounting 10
S3,7 1000, payable in 1910, and of the c5n-
perfed six per cents, dive in l8l !, amounting 10
Sl,8oo,0o may be induced TO re-loan the same,
irredeemabie for few years.


9. Borrou;ns tron tie Banks.


5. I.oans .fom Iadt7iduais, commensurate
with 'he national capi,al and ''portion OF
the public lands, if necessary, given either a
Premium or giving an option to the subscrib-
ers, may be advantaSeously applied in taciltat-
ing loans, or improving their terms"


a. Issuing Treasury Noies, to moderate a.
mount, bearing interes, one year after date pay
able TO order.


5. Increase Of DMies, for the present, and in
case OF war, to .oub!e their present amount.


8. Public Lrnds--by reduction in their
prices, and selling her, in large tracts, to draw
the attention of apecuiators, who would thereby
be excited to buy, in order TO sell again in small
PARCELS.