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Rebellion Record: a Diary of American Events: Documents and Narratives, Volume 3. (ed. Frank Moore), chapter 100 (search)
als their Financial Secretary declined to accede: Mr. Memminger on the produce Loan. Treasury Department, Richmond, Oce realized, may defeat that which is yet practicable. C. G. Memminger, Secretary of the Treasury. Comments of the Richmhe 24th of October, in discussing the above circular of Mr. Memminger, gives the following picture of the financial conditionuying the cotton and tobacco crops with Treasury notes, Mr. Memminger wholly misapprehends it. He looks upon it as a scheme ff abundance, is the end proposed by this scheme. But Mr. Memminger tells us that this scheme, instead of aiding the Governby a timely and judicious use of its credit. But, says Mr. Memminger, this one hundred millions of Treasury notes will come preparations to meet them. It will be a poor boast for Mr. Memminger that he has expended but fifty millions, if, for the wans, our cities are destroyed and our land desolated. Mr. Memminger suggests as serious objections the possession, transpor