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The Daily Dispatch: June 10, 1864., [Electronic resource], A Review of the financial operations and condition of the North. (search)
n of the Government issues which would materially reduce that premium, and prepare the way far an early return to specie payments. By April 12, four and a half months later, how the account stands with him I shall state to you somewhat in detail. His issues of Government currency have been steadily enlarged, month by month, in the following rate of progression. They were, on the day of his report-- December 1$453,290,000 January 1488,300,000 February 1500,700,000 March 1544,600,000 April 1620,900,000 and at the date of his last report April 12680,660,000 I omit the fractions under hundreds of thousands. The expansion has been at the rate of nearly $50,000,000 a month. on the same day gold had reached in the regular market to 175, against repressive measures to be noted. In the course of a few hours that day, under a stimulus thrown into the market by some eccentric movement of the Secretary and his friends, it went up, touching 190, and sudden
The Daily Dispatch: January 30, 1865., [Electronic resource], "rich man's War — poor man's fight." (search)
riginated in the Senate, entitled 'an act to authorize newspapers to be mailed to soldiers free of postage.' "The act provides 'that all newspapers mailed to any officer, musician or private, engaged in the actual service of the Confederate States, may be transmitted through the mails free of postage.' "The Constitution (article 1, section 3, clause 7,) gives power to Congress 'to establish post-offices and post-routes; but the expenses of the Post-office Department after the first day of March, in the year of our Lord eighteen hundred and sixty-three, shall be paid out of its own revenues.' "This provision that the Post-office Department shall be self-sustaining was not contained in the Constitution of our former government. It is important that its spirit and object should be correctly determined now, because many members of the present Congress were also members of the Provisional Congress which adopted this new clause, and legislation by them will be deemed hereafte
The Daily Dispatch: February 16, 1865., [Electronic resource], article 1 (search)
al, ever acting in the rebel interest, are not entitled to much consideration. Some of our shipmaster are of opinion that the London writer has confounded the two steamers, Union and Ajax, which recently ran out of the Clyde, with the Sphinx and Clops, at Bordeaux. How that is the next steamer from Europe will doubtless apprise us. The supplementary assertion, in the same letter, that the Emperor Napoleon has made a secret treaty with the rebels, stipulating to recognize them about the first of March, may reasonably be set down as moonshine. There is a strong suspicion that this canard was concocted to influence Wall street. If so, it has failed of its object, so far as, gold, the real barometer of public feeling, is concerned. The price has fallen several per cent., and is now at a lower figure than it has been in a fortnight. Apropos of our relations with France, I may say that Le Courrier des Etats Unis of this morning announces, as if by authority, that M. de Saulx is
The Daily Dispatch: March 17, 1865., [Electronic resource], Late Northern news. (search)
o day, in which it is stated in positive terms, that a scout from Sherman's army had reached General Terry's headquarters, who left our forces in occupation of Cheraw, South Carolina, the terminus of the Cheraw and Darlington Railroad, and but very few miles from North Carolina. Nothing but cavalry skirmishes had taken place. The army had rested for some days, and had found very fair subsistence along the route. The advance into North Carolina was a certainty, this letter adds, by the first of March. The scout started for Newbern; but learning of the occupation of Wilmington, reached that place much sooner.--The source of this intelligence is perfectly correct. Intelligence from Fortress Monroe of the same date, says: By the steamer Virginia from Wilmington, we learn that a base of supplies for General Sherman's army is to be established there. Gen. Sherman's Chief Quartermaster had arrived there and all the transports and other vessels having supplies for the army
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