The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-09-24
alfEMpal Hlspatfl.
TUESDAY NOR y ssa SEPT. p, ssei

1t< VNtyH~ ~ FNNv.
IuLs..A1 NIX L.. y. 1 u ,Se.
Skcu1srAAriex AND GsRStsusskr.--We
have se1n 1t estimated tia: under tie opera
ton Of aks Seqaes; ration act Of the Ccpiede.
rate Cengrsss, from fifteen 10 thirty uaisicnsM
dollars will pare into the custody of the Con
fedeiass receivers in Virginia. The estimate
strikes asaAs moderate. ltis well know n that
nearly all the MERCHANTS of our cities. towns.
and Villages, were in The habit Of purchasing,
their stocks from the North Even though
email portion of tue merchants of tho interior
laid in their goods In Richmond, still. inas.
much as~she kiebmoni merchants bought the
lsrYcs, rorsiou Of their gocss from New York,
the result was The same as If the country
merchants had all aons directly to tha, city.
Tie War eause on IN April, isst after
the eeasen when the merchants had laid IN
their Spring saprliec VI goods from the North
Very few Of these goods were purchased
for cash The custom of trade was
10 buy son credit and nearly nj theeA
goods were bcnght on the usaal terms
ot six month"; 6ma Thus the war opened
On Nh Indebtedness from Virginia land
doubtless the case WIS the came with |
shs Southern States - The North, equal 10 the
total OF the spring purchases Of her mcr-
chants. THIS Indebtedness was augmented by
the whole amount Of old debts Of prior .,and.
ing, which had resulted from course Of br,-
siness that hid ea!stsd for hong train of
yeurs From, these considerations we are in.
clined to put the Indebtedness from Virginia
70 the North on meic:ntile account at very
Ligh figure We do hot think IL can lie Iess
tLan twenty millions Fer that pot1icn Of lhc
State nct oserfun by the enemy, We eurpose
il TO bs al least tilteen n,iikiens
Besides this mercantile indebtedness. there
srs OF eouis - other sums dus from cur citizens
70 those OF Tie North, and besides these IT,
regular debts, there is very considerable
Quantity of land in Virginia owned by NortL-
tin men. Taking al tpese Classes OF indebL
edness and snbleels Of se9ae.tration together
Ne have little douot that tie a1t Of Congress
viii cover property IL Virginia amounting to
thirty or forty millions OF dollars. If the s..
quesra,ion fund III the ether States u; all cor
responds With the amount OF property covered
by tbs &c; III Virginia, the total fund levied
upon in the South inrst reach one or Two hul
dred millions of dollars, probably much more
Ii 10 said that the news OF oar Seques tration
oct. bae produced profound sensation st ,lIo
North. The proclamation OF President DAVIS
calling for ptivsieera, struck that people az d
cap Of Thunder from clear sky Illo news
Of our eequestraiien sss shocks them like the
upleaying Of an earthquake Il is ali the
more alarming 10 them from tae fact, that IL
WAS enacted in strict retaliation for The Conf.
cation Law of the Washington Congress
That unwise body forgot the old adage Gait
tioning the dwellers in glass houees AGAINST
tue lfnprldence Of throwing stones. Not onl,
WIS tho ConiiscaiioD Law pas led by the
Northern Congress II Lot haste and anger;
but the ,itizeus mere IaIiis, and banking housvs
az the North, who bad held confidential re!a-
t:ons with their Southern Custonor Made
hable 10 inform OF the balances Of uiunev ahQ
oi tie properly they Leld Belonging to " Re
nel.. Now, ;aiter t.Ls tenacious tcruiluue
they receive the news Of cur GtauestiitfioA
acG ia Diaiik DESPAIR. 1Aey ieei that tne,
bave forfeited hi 81. to - peer any ieuiellc,
44oAl oele GoNItA4-iSL+ IA SLiGi.lE- lis pIU-
Vlsiouo to tue ultU.li.ost iejler.
The Question NOW &c, Will cur people lenu
their 1etIse an2 eLitle1ii lld - Tue t,uYtli.-
L,eiit III gucu i.ai-:., -. irlros!s, al prey
esty Loionsins IL AVrsi,csil IAvI, alld ii. oeDl
due at TIE -Nu1in, iii UrUeL ~ pu1 Uoyeruui.l..
IA t,.ii Possession vi tus Al.i-. Ais VI u-.l.vl.a
Oh hioiiey sl0 property IT, y, lol Ii Is enli.ieu.
luere Gull De hu mural ubiecllcn, even Will
tae Incest casniets, ~ ienu,Ug tuIs ala 10 oul
kecelI era Oar law ID moi d law cunnscsltiti.
10 Tie use OF Tie Government lie FUNDS al!,
property TO be seized. Ii is simply :; law d.
reCt!lg tle Government ~ take Lac custody U!
tLis property Tor TIC purpose CT holding il as !.
fund, OFT OF which 10 Ieilunerate our own cis!.
sens Who may have Suffered from tie conus-
Gazing aca OF Tie Northern Congress, and who
shall suiler losses OF property by the hands Vi
tho enemy in tie progress VI the war,
We think 1t IL II case i'll which the Southern
citizen, not only should have no scrup!e about
giving the fullest information and The luost iu-
dustIious Assistance TO the officers of the Gov.
eInmenti but one in which they would have
serious cause Of seltreproach Tor moral delin
quency, il they did not render active aid i'll
this teiad