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The Daily Dispatch: June 10, 1864., [Electronic resource] 11 1 Browse Search
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We are indebted to Maj A. S. Rose, bearer of Government dispatches from Shreveport, for late files of Texas papers. We learn from Maj R that among the captures in the Trans-Mississippi Department, from Banks, were 1,200 iron-axle wagons and a large quantity of farming implements, which the Yankees had brought with them to reap and thrash the crops as they went along. Kirby Smith reaped and thrashed the Yankees, and the implements were of no further use. --Maj R leaves for the Trans-Mississippi on the 13th inst.
The Daily Dispatch: June 10, 1864., [Electronic resource], A Review of the financial operations and condition of the North. (search)
ility or responsibility for redemption, otherwise than in more and similar paper, makes the following starting exhibit: in circulation, omitting fractions under tens of millions: Government legal tenders$630,000,000 Notes of State Banks160,000,000 Notes of New National Banks (est,)40,000,000 Fractional currency20,000,000 Outstanding$880,000,000 Mr. Chase has authority to issue $200,000,000 more. The New National Banks, a contrivance of his by which the founded public deNew National Banks (est,)40,000,000 Fractional currency20,000,000 Outstanding$880,000,000 Mr. Chase has authority to issue $200,000,000 more. The New National Banks, a contrivance of his by which the founded public debt is converted again into currency, are limited to $300,000,000--that is have a power to put out $260,000,000 more. The State Banks, unless suppressed by the legislation now levelled at them in Congress, may issue still further $100,000,000. There is, therefore, in addition to the $880,000,000 of currency actually affect, a capacity to put for the $560,000,000 more, making altogether an irredeemable paper circulation of $1,440,000,000 of inconvertible paper. It according to Mr. Chase's projec
What Banks did for us. --It is said that Kirby Smith had only sixteen six pound rifle guns when he encountered Banks. He now has seventy-one pieces of artillery, eight of which are thirty two-pounder Parols, forty-seven twelve-pounder Napoleons, and his own original sixteen six-pounders. Banks also equipped him with 20,000 when he encountered Banks. He now has seventy-one pieces of artillery, eight of which are thirty two-pounder Parols, forty-seven twelve-pounder Napoleons, and his own original sixteen six-pounders. Banks also equipped him with 20,000 extra small arms, and various other things necessary to furnish a complete outfit for an army. when he encountered Banks. He now has seventy-one pieces of artillery, eight of which are thirty two-pounder Parols, forty-seven twelve-pounder Napoleons, and his own original sixteen six-pounders. Banks also equipped him with 20,000 extra small arms, and various other things necessary to furnish a complete outfit for an army.