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The Daily Dispatch: January 30, 1862., [Electronic resource], War Matters. (search)
[Correspondence of the Richmond Dispatch.] the cotton trade — running the blockade — Brisk Insurance business — interesting facts about the fire, &c. Charleston, S. C., Jan. 25, 1862. I was astonished to-day in walking around the wharves to see what a large business is going on in the cotton trade. I met with planters who were selling their crops for 8½ cents per pound. Everything presented a lively aspect. "Is not there a blockade?" I found myself involuntarily inquiring of the dray drivers that were hauling up immense loads. "It don't matter," they replied, "about the blockade, cotton will go. " I looked upon a noble vessel which came in a day or two ago. A firm here made $40,000 on a cargo recently received. Insurance companies are being organized, and every dollar's worth of property is being covered with a policy. Never was there a finer field for making money by such companies. I had a conversation to-day with Hon. Charles McBeth, Mayor of t