The Daily Dispatch: October 11, 1862., [Electronic resource]

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Heavy purchases with counterfeit money

Several men have been arrested at Jackson, Miss., for purchasing 7,500 head of cattle in Texas with $200,000 in counterfeit money. The cattle were driven to Jackson, and will be taken by the Government and paid for in genuine ‘"white backs."’--The Atlanta Confederacy says:

‘ They are mostly of one family and its connections, named, Payne, and are from Kentucky. --They carried out, perhaps, $200,000 to Texas, and purchased some 7,500 head of fine cattle, some twenty No. 1 negroes, fine horses and carriages to ride in, and came back with the whole, successfully crossing the Mississippi river at Vicksburg. When they had got their both all safely on this side, they commenced a system of extravagant expenditures, such as purchasing jewelry and every costly article they could find in Vicksburg, Natchez, and the surrounding cities and villages, quite inconsistent with the common practice of cattle drovers just returning from making heavy purchases and before having made any sales. This excited suspicion. The money they were spending was examined, and many began to think it was counterfeit. At this stage a dispatch was received from the Governor of Texas ordering their arrest, and the holding of their cattle for the benefit of the citizens of Texas, from whom they were purchased, on the charge of having paid for them in counterfeit money. Four of them were taken into custody at Natchez, and three in Alexandria, La., across the river from Natches.

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