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The Daily Dispatch: December 14, 1861., [Electronic resource], The
Florida on a Frolic. (search)
From Washington. Secretary Chase's report--Gen. Banks gone into winter quarters — Calling of Gen. Scott and family — release of prisoners &c. [special Dispatch to the Richmond Dispatch.] Centreville, Dec. 13. --The Baltimore News Sheet, of the 10th inst., has been received here It contains Secretary Chase's report. The document is very long, and it would be difficult to follow through his statements of how money was and will be raised. The report shows that he has
The amount of demand notes put in circulation is twenty- one millions.
The revenue derived from customs has disappointed Chase.
To enable the Government to obtain the means still necessary to prosecute the war to a final issue, he suggests the which shall distribute notes of the bank to local banking institutions, to be secured by a pledge of United States bonds, Chase favors the latter plan.
He estimates that the national debt will reach, on July 1st, 1863, the sam of eight hundred and