The amount funded in the Confederacy.
--We glean from reports made by the various depositaries in
Georgia that up to this time about $12,000,000 have been funded in the
State.
The month is half out to day, and if we take this as a data we must assume that this State will fund about $25,000,000 by the first of spirit.
We hardly believe that any of the ten States--
Virginia,
North and
South Carolina,
Florida,
Alabama.
Louisiana,
Mississippi,
Texas; and
Arkansas--will not fund so much as this, and many of the smaller States will not fund that , But if they all fund that amount only $275,000,000 of the $600,000,000 now in circulation will be withdrawn from circulation and converted into bonds, leaving $375,000,000 still outstanding and in the hands of the people.--
Macon Confederates