are of course paid by the consumers in the Confederate States, in the form of an additional per centum on the prices of merchandise.
Some suppose this arrangement has the sanction of certain members of our government.
The plausibility of this scheme (if it really exists) is the fact that steamers having munitions of war rarely get through the blockading fleet without trouble, while those having only merchandise arrive in safety almost daily.
Gen. D. Green intimates that Mr. Memminger, and Frazer & Co., Charleston, are personally interested in the profits of heavy importations.
A dispatch from Montgomery, Ala., states that the enemy have penetrated as far as Enterprise, Miss., where we had a small body of troops, conscripts.
If this be merely a raid, it is an extraordinary one, and I feel some anxiety to learn the conclusion of it. It is hard to suppose a small force of the enemy would evince such temerity.
But if it be supported by an army, and the position mainta
To-day a letter was sent to the Secretary of War, from Mr. Benjamin, stating the fact that the President had changed the whole financial programme for Europe.
Frazer, Trenholm, & Co., Liverpool, are to be the custodians of the treasure in England, and Mr. McRae, in France, etc., and they would keep all the accounts of disburseore remains to be done, before we can enjoy the blessings of peace and freedom.
(Signed) Braxton Bragg.
The President has received an official report of Gen. Frazer's surrender of Cumberland Gap, from Major McDowell, who escaped.
It comprised 2100 men, 8 guns, 160 beef cattle, 12,000 pounds of bacon, 1800 bushels of wheat,eral hours today with the Secretary of War.
Capt. J. H. Wright, 56th Georgia, gives another version of the surrender of Cumberland Gap.
He is the friend of Gen. Frazer, and says he was induced to that step by the fear that the North Carolina regiments (62d and 63d) could not be relied on. Did he try them?
A Mr. Blair, Colu
e to dislodge the enemy from Deep Bottom, on this side of the river, and to select three or four batteries to render the navigation of the James River difficult and dangerous.
Col. P. says he must have some 1500 cavalry, etc.
Letters from Mr. McRae, our agent abroad, show that our finances and credit are improving wonderfully, and that the government will soon have a great many fine steamers running the blockade.
Mr. McR. has contracted for eight steel-clad steamers with a single firm, Frazer, Trenholm & Co.-the latter now our Secretary of the Treasury.
The President indorsed a cutting rebuke to both the Secretary of War and--Mr. (now Lieut.-Col.) Melton, A. A. General's office, to day. It was on an order for a quartermaster at Atlanta to report here and settle his accounts.
Mr. M. had written on the order that it was issued by order of the President.
The President said he was responsible for all orders issued by the War Department, but it was a great presumption of any off