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The Daily Dispatch: March 23, 1861., [Electronic resource] 1 1 Browse Search
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The currency bill. --A member of Congress informs us that the following were some of the figures and estimates at Richmond: Amount of currency out in millions, 800; of which there is in 100s, 239; interest bearing treasury notes funded by the act, 102; estimate of notes lost and destroyed, 50; thirty-three per cent tax on remainder, 136--527. Currency after 1st April, 273--that is to say, 273 millions reckoning at 66 on the dollar. The tax act, it was thought, would produce 350 millions, an excess of 111 millions over the amount of 100s afloat. Upon this statement it will be evident that money is going to be comparatively very tight. In a short time it must be worth double what it is now; or, in other words, prices must tumble. The policy of everybody, therefore, is to sell now while prices are high. There'll be profitable use for every dollar.--Macon Telegraph.
The Case of Fords. --The petition which has been circulated and numerously signed in this city asking of Governor Smith the pardon of Robert S. Forde, recently convicted and sentenced to the penitentiary for the murder of Robert E Dixon, has been presented and strongly urged upon the favorable consideration of the Governor by some of Forde's friends; but he has refused to have anything to do with the matter till it has been taken to the Court of Appeals. Since its presentation the counsel for the condemned man has made a motion before the Supreme Court for a new trial, but that body refused to accede to the motion. A writ of error was awarded, however, which is to be argued upon its merits on the 1st of April, after which the decision of the Court of Appeals will be given whether a new trial will be granted.
e 15th Louisiana regiment for the use of Market Hall to give a ball for the benefit of disabled soldiers was, on motion of Mr. Hill, laid on the table. Mr. Walker, from the Committee on Salaries, submitted a report increasing the salaries of city officers. Mr. Epps, moved to increase the salaries of all city officers and employees 25 per cent upon the salaries now received by them, and a resolution to that effect was adopted. The increase of salaries is to take effect from the 1st of April. The following letter from Gen. Robert E. Lee, was read by Mr. Scott: Headq'rs 2d Army Northern Va., November 12th, 1863. To the President of the City Council, Richmond, Va. Sir: My attention has been directed to a resolution reported in the newspapers as having been introduced into the body over which you preside, having for its object the purchase by the city of Richmond of a house for the use of my family. I assure you, sir, that no want of appreciation of the
Old currency. --Every man who owns a four per cent bond has made 33⅓ per cent, aside from the contingent profit that may accrue from holding the bond. Let our people bear this fact in mind, and invest all they can in the new securities.--Thoughtless people may suppose that because the present currency is to be taxed 33⅓ per cent. after the 1st of April, it is therefore depreciated. Such is not the case. Every outstanding note to-day is more valuable than ever before, for the simple reason that if funded in season it commences thereafter to bear interest, which it does not at the present time. Hence it is a wise provision of the Government which, while seeking to diminish a redundant circulation not only protects the holders of its currency, but actually pays a profit to every individual who avails himself of the benefit of the funding act.--Carolinia
is seven million two hundred and sixty-five thousand dollars. Wilmington, April 1.--Amount funded here about six millions. Will send correct figures to morrow. Goldsboro', April 1.--The amount funded at the depository here by citizens is one million four hundred and thirty-five-thousand dollars, and by disbursing officed and seventy-two thousand nine hundred and thirty four dollars. Raleigh, April 1.--The amount funded in four per cent. Confederate bonds at the depository in th million nine hundred and six thousand seven hundred dollars. Montgomery, April 1.--The total amount funded in this city is nine million five hundred thousand dollars. LaGrange, April 1.--The amount funded here is one million one hundred and forty-one thousand nine hundred dollars. Mobile, April 1.--The amount fundeApril 1.--The amount funded here is eleven million four hundred and twenty-three thousand six hundred dollars. Withdrawn from circulation and not funded, six million six hundred and thirty-fiv
Rapid Contraction. --that the passage of the our currency bill, Feb. 17th, 1864, the Bank of the city of Petersburg was indebted to its individual depositors largely over three millions of dollars, and carrying probably the heaviest discount line if has had during the past three years, with its deposits received at the counter of the Bank running as high as seven hundred thousand dollars per day. On the 1st of April the whole indebtedness to depositors was discharged, done principally by election of the depositors, leaving but a small amount to be funded at the Bank. --Petersburg (Va.) Express.
Brief and to the Point. --Proclamation by Abe Lincoln: "Louisiana is a free State." (Signed) Abe Lincoln. (Countersigned)N. P. Banks. Endorsement on the Proclamation. "Disapproved." (Signed)E. Kirby Smith. Cane Creek, April 1.
notice a decided improvement in the vegetable and meat markets. Customers do not throng to the market as they used to do.--We saw meat in the market yesterday morning that has been there since Saturday--a certain sign of two important facts; that money is scarce, more prized, and not so readily parted with as formerly, and that the supply of meat is not short of the demand. The fishermen even are becoming more moderate. We have never seen the market so abundantly supplied as since the 1st of April. We boarded a large oyster boat at the wharf a few days ago. It had the remains of its cargo on board--10,000 oysters. We asked the price--$3 a basket. How many in a basket? Over 200. That is $1.50 a hundred. The oyster-shops ask $3.00 a hundred. The oyster boat had been two days at the wharf, and the skipper said he had been trying all day to sell out, and was debating between throwing them away or giving them to the Free Market. We advised the latter course by all means. Ce
session as to provide that bonds of the Confederate States, to be received by any State in pursuance of said act, shall be coupon bonds and exempt from taxation; and that all Confederate notes of any of the old issues held by any State on the first of April last may, at the option of such State, be exchanged for such bonds or for Treasury notes of the new issue; and further, that all just demands of any State against the Confederate Government accruing, but unpaid, prior to the said 1st of April1st of April, shall be paid in Treasury notes of the new issue. On motion of Mr. Hill, of Ga., the Senate adjourned. House of Representatives.--Prayer by Rev. Dr. Duncan. Mr. James M. Leach, of N. C., asked leave to make an explanation of his position, and alluded to an article published in the Examiner, which he stated made a fling not only at him particularly but also at his State. He also alluded to various misrepresentations which he said had been made about the position and sentiments
The Daily Dispatch: May 10, 1864., [Electronic resource], The movement on Richmond--two more Repulses of the enemy by Gen Lee — affairs on the Southside — feint at Drewry's Bluff — fight expected near Petersburg Today — the Central Railroad Tapped, &c, &c. (search)
r that he or she needs the services of said contraband in some legitimate employment. All contrabands remaining in the city in contravention of this order after April 1, will be removed to the contraband encampment. The word contraband is hereby defined to mean all persons formerly slaves who are not now in the employ of theomes, and be separated forever. Some old citizens, living here for forty years, say they never saw so much sorrow and distress in Natchez as they saw on the 1st day of April.--Many of the freed people were heard to say they never had been so hardly treated by their masters. Whole families had lived together with their masters, bu order. Another sad effect of the execution of this order is that it has nearly broken up the free schools of the colored people in the city. Before the 1st of April there were more than 600 colored children attending schools here, which had been established and were sustained by the liberality of the friends of freedom in
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