Business at Nassau.
--A letter from Nassau
published in the Charleston Courier
To give you some idea of the business of the place, Major
W. told me the other day that there were one thousand tons of bacon and pork here belonging to the Government
and awaiting shipment; much of this is spoiled, and much more destined to be in the warm summer months approaching.
There are eight or ten vessels now in port loading.
Three of them have just arrived from England
, and more are expected.
It is thought that there will be twenty-five or thirty vessels running between this place and Wilmington
during the coming summer.
I fear that all of our cotton will be taken away without giving back much substantial benefit, and we will be left at the close of the war without a bale for credit.
There are some facts with reference to the sending out of Confederate bonds which it seems to me should be brought to the attention of the Government
They are sacrificed out here and in Europe
at about eight pence on the dollar, and as that is better than paying twenty for one for exchange, a great amount of them are sent out, and in that way our obligations at the close of the war will not be to ourselves, but in great measure to these English
, who are buying them now at a merely nominal sum. The business, I fear, is carried on to an enormous extent."