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X. January, 1862 Seward gives up Mason and Slidell. great preparations of the enemy. Gen. Jackson betrayed. Mr. Memminger's blunders. exaggerated reports of our troops in Kentucky and Tennessee. January 1 Seward has cowered beneath the roar of the British Lion, and surrendered Mason and Slidell, who have been permitted to go on their errand to England. Now we must depend upon our own strong arms and stout hearts for defense. January 2 The enemy are making preparatio
e coast, sinking some of the enemy's ships.
Col. Allen, of New Jersey, was lost.
He was once at my house in Burlington, and professed to be friendly to the Southern cause.
I think he said he owned land and slaves in Texas.
Mr. Memminger advertises to pay interest on certain government bonds in specie. That won't last long.
He is paying 50 per cent. premium in treasury notes for the specie, and the bonds are given for treasury notes.
What sort of financiering is this?