Browsing named entities in The Daily Dispatch: February 11, 1862., [Electronic resource].
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The Federal strong box. --In the Federal Senate on the 5th Mr. Carlile, of Virginia, moved to postpone all prior orders, and take up the resolution, submitted by himself on the 13th of January, relative to the finance of the country, which was agreed to. The resolution proposes a tax equal to the interest upon $200,000,000 at 7 per cent., and upon $800,000,000 at 8 per cent., the former redesmable in ten years and the latter in thirty years, appropriating the proceeds of all public lands therefor, and providing a fiscal agency in New York, with a specie basic of fifty millions, authorized to issue notes of not less than five dollars, to the amont of $200,000,000, on the deposit of Government bonds as above by the Secreatery of the Treasury. Mr. C. said that he had thought that some comprehensive scheme of finance would have been sent to Congress in December from the Treasury Department. But such had not been the case, and the Government was proceeding along under immen's e
From Tennessee.communication with Memphis cut off.the enemy but four miles from Fort Donalson.Destruction of the Tuscumbia and Florence bridge.occupation of Florence.&c., &c., &c. Lynchburg, Va., Feb. 10. --The Lynchburg Virginian has received a private dispatch from Chattanooga, dated on the 9th inst., which states that the Federal gun-boats reached Florence about 4 o'clock P. M., yesterday. Troops were landed and the town occupied by them. They went up within a mile of Tuscumbia, Ala., last night. This morning they left and took to their gun-boats. A later dispatch to the Virginian from Chattanooga, dated to-day, says the reported fight at Bear Creek is untrue. The Lincolnites had again returned to Florence. No bridges had been burned on the railroad. Communication was entirely cut off between Chattanooga and Memphis. The Federals are landing at Eastport, Miss., 30 miles below Florence, on the Tennessee river. Memphis, Tenn., Feb. 10.--The Federal gunboats pass