hip and confidence of Mr. Davis and his Cabinet; of James A. Seddon, John A. Campbell, Graham, Cobb, Lamar, Curry, Letcher, Bocock, Harvie, Caperton, Joe Johnston and Robert E. Lee.
He was one of the first to discover and appreciate the superb genius of Stonewall Jackson.
He counselled often with Robert E. Lee, relied on his ripe judgment, and gave him his fullest support.
In all fiscal and economic measures, he naturally took the lead.
Respecting and trusting Secretaries Memminger and Trenholm, he, nevertheless, originated all the general features of Confederate finance.
With an infant republic, compelled by a powerful adversary to incur an enormous war expenditure, and not able to export its surplus products or even fully to raise them for the markets, it is not strange that Confederate money should have sunk to so low an ebb as it finally did. The only wonder is that it did not fall much earlier and more rapidly.
We may recall with instruction and profit the fate of the assig