Mensaje

Abstract

This image contains a news story about the importance of not rushing the sale of confiscated assets and, before leaving his position in the executive branch, he feels obliged to inform Congress and the nation about this and other matters of national interest. . He explains that on September 9, 1861, using the powers granted by the people, he promulgated decrees on public credit and the confiscation of assets from dead hands. These decrees, along with those on unification on cults and treasury bills, aimed at the extinction of religious communities and the stabilization of peace without resorting to constant and onerous loans. In addition, a rent or interest on money was set in the federal district, allowing individuals to contract higher interests without public intervention. This plan sought to strengthen the nation's public credit, amortize a large part of the internal debt, put dead-hand assets into circulation, and increase public wealth by eliminating the obstacles of real estate ownership. The nation's creditors, whose assets had been used to finance the war, regained confidence thinking that they would recover some of what they had lost, since the nation had no other resources to pay them. The plan also considered the gradual amortization of the foreign debt, freeing up resources to prevent money from leaving the country. However, this bold step generated resistance from the clergy, who clung more to material goods than to their spiritual promises. This led to an adverse reaction from the bishops, except that of Popayán, and from a large part of the clergy, causing conflicts in places such as Antioquia and Bolívar, where the law of April 23, 1863 was disobeyed due to errors by the president of that state. and unworthy concessions. news published in the Official Registry newspaper, No. 155, March 31, 1864.