The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-05-11
.rEsT NEWS BY MAIL.

49,. uoop of Wednesday evening, is get
$50 ts frll Of serious approximations. The
II the banks 10 save the credit of the
s.+.rr.nent has crippled their resources TO
'' .,.,ae that they cannot assist business
L 49, ~ the consequence is, they are all go
~ .he board The Evening Post. Re-
'A organ. thus unburdens its COM
Pr t9~s -"
'o,,- arv goods auctioneers are reduced TO the
5s.,,Iy Of refusing 10 make sales The banks
y 3, col lake their paper, ana the owners OF
~ mid not stand the excessive street
G'"' fsct we have reached an extremi-
AZ -fsrInr on general commercial suspen.
y ~ psyment ia staple branches OF trade.
-, h'snk loans are pretty we'll main tanned
- consist largely Of public securities
FEDERAL stocks and Treasury notes tax
"a, place Of business paper
~ m. 10 us that there Is no need to sub.
4',,4Is-rrdlt and insolvency rs y fatality
-. +. The very emergency "hen our banks
= a, the country great service. They
tl'' ,r-l,5sed to be commercial institu-
~ .rt their standard relations are di.
49, ~ttb commencement NTH the g0rcrn-
We have no quarrel with their invest
=. n ,YrpEus fund. in the Federal detfs. bat
n.-.nn-ohead that their legitimate service TO
w.! r.a vhish includes all kinds of labo,
Cd ',Igstry, would be far better for the
COMMON good.
Tsa Journal OF Commerce, in commenting
o.. he above, says
4, the above appears in leading Republic
49,, natter 1t 10 very suggestive. Is II true
10 ,De Banks are SO full OF public securities
- +apy cannot lake care of "their standard
I.,.us'' The Post must know that the
!. y.rumenl Is now asking 70 borrow up
-. II thirty millions more, and the Banks
-.ra.klug arrangements To take literally OF
.t.sa "tuirTai d. BITS - does tho editor wish
~ t4euulaae tins, and TO Insist that these III
,.tDapAs would do better 70 look after the
ARRESTS Of commerce and To refuse their aid
80 t-a t}us eminent. What does the Posi-
moan hr It, concluding threat that, If "the
arm g! iiuance now wIeided by our banks IL
cathar4wn from that direct and inst ser vice
eg4i l2se tie sym psit.B IF the masses who
] mus. sltil i've by labor and trade p II ali
] ms means mat the Banks had better not loan
10 money to Government, uuder pain o.
pggul4T dIsple4sure, why not say so in plain,
sa,Arasued phrase
The New York papers of "Wednesday and
thursday report mVre failures, ana die
n .gr..rI res ti+se feeling in the money market
II generally. Virginia - are quoted at 30, and
II le.l tarOlinas At IS.
1testraner Asia, from New York for Lly-
'nl took ont l47 passengers and T4.795 in
I14 Among her passengers are W. :
~+,ysr. [. =. Consul 10 Egypt, and a. s.
4 IsalS-I bearer OF dispatches.
The Journal Of Commerce, of Wednesday
syeniug, thus exposes the exaggerations of the
4 Northern telegraph
TAr Government is sending o-day $500, 600
r gold and silver TO Washington. The
Il g., -2 sent before was magnified by rumor,
you'd that rumor could realize It's vision J
1hslt million before It actually reached
Philadelphia. and II amounted to ~, COO, 000''
when II arrived at Washington in charge of
MAJOR Anderson 80
According to the following it appears that
The Yankees think they have caught one Of
,so.. terrible privateers, though none have
i ben put in commission.
II WAsH1ysros, May s.-Quartermaster Sci
n resut Day, of y y. Seventy frat Regiment
4 ast from Annapolis, reports that in cruising
L Gp and down the Potomac and in the Chesa-
4 pe.k4 a Priyaterr was captured off the mouth
II q the CHESAPEAKE.
7 SAels a schooner fully armed, her name
/ Erased, and with streak of yellow paint over
n 'u- usual place of the vessels name, which
sIutrndei as n disg disc Two men were Ia.
ken on board. and the others fed in the schoon-
80 boats.
The tchocner was taken to Annapolis to-
e.v Th~ captors were i detachment of the
ST., 18th.
\ GureEumen steamer has been sent 10 re.
Il stnrr JGr light vessels and buoys removed by
Il lht SrCessiouists over two weeks since. On
i board some OF the Firemen ZOuayes.
Secretary Chase has determined to estab-
lsh i complete blockade of the Mississippi
a. Cairo. The order instructs Western Col
l.ctors not only 10 refuse clearancss, but tc
sesEch every boat, train, DC, bound South
seize both munitions OF war and supplies Of
provisions, and bring shippers and carriers to
,ust.cs for aiding the Southern rebels" Ken.
.uCsy and Missouri are the only slavehoIdine
k%.es bordering on the Ohio and Mississippi
exempt from the prohibition.
The following lie is telegraphed from Wash
Ingon to the New Y ork Herald
Ageutleman from the North, who has been
ftaiIBg In Richmond for some months has
,as; arrived here, having left there yesterday
lie gives very graphic account of his getting
! cot Of that city. He says he WAS requested
Il 70 take up arms, which he refused to do, and
n i0eftupOn he was arrested and put under
guard, and not allowed to leave the State -
Hs wa6 then taken by a mob before q magis
trA;e. The magistrate held him for som,
line, and finally sent for the Mayor TO know
II what he should do with him. Orders Wer
gwen not TO permit him to have a pass, but Il
let him remain until Monday, when, unles
/ he took up arms he should be pnt in irons
A 4 tie meantime he managed to elude thei
vigilance, aud secreted himself In the cars
where heremained until they left. When h.
arrived Al Orange the mob at that station tool
| him out and searched him, bat found nothinl
suspicious upon him. He was again placed
under guard, out again he e1uded them whi
i hey were engaged III pursuing other cases
snd finally got out OF the town.
Ky the following, which Is also telegraphel
Tom Washington, II is clear enough tina
spies" are constantly ION the watch:
j traveller from Richmond SAYS there ar
i large number OF troops from the CaroIinas
IeyrGt, Alabama and Mississippi, and tina
others are pouring Ia by every train that ar
H'rs. How many there are is impossible Il
,eli, ss eyerythlng is kept secret lie saw
he HpNis tzrr L
'aYs Ia" heard, just before leaving, that fiy
AstiFtd kentucky Tiienen had Just arrived
WIN sky three field pieces. They hav,
nearly one thousand men employed he Saws
II 10 manufacturing arms. lie SAYS they hay
frhiy OF provisions, enough to last two years
also plenty OF ammunition, except percussion
il cape, and they have committee who have
II Afk' number Of men engaged TO devise mean
q getting them under any Kind OF pretencs
u7ad or alive. He says there are several pc;
soue now ia the Northern cities trying TO e
EsuIhCient supply.
jefferson Davis had notified Gov. Letcher
LIS intention TO take command of the troops
aLl would plan the opera tons OF attack
'os Les and Gen. Beauregard would hay
ooa'A,nd OF n force of several thousand
i ny informant further says that he WAS toll
'lat 'here were nye men who had taken d
oa'A ~ assassinHte President Lincoln al
ieA. scott, II IL cost them their lives. The
er 70 80 direct 10 Washingt ton, and will a
/ Apt lhe4r purpose as soon as the first COZ
nIct takes place
ny Informant is highly respect table ger
| ..suaa, and i give the above points as L
save 'Eem 20 me, with this exception, ths
hlW WV nv '"
Some further items telegraphed from Wasl
'"gloa on the 8th will be read with iuteres
'I'ush they show that the newspaper corr
'pSNoehis are entirely in the dark as 10 II
Eyee led military movements
n ,-s announcement that the Governmel
.eHurl 10 advance troops into Virginia c
l@tuay ana to-day was unwarranted.
i uoWtFer authorized to state posi- tive
, 40 cofPs darn.es will cross the Potomc
'ef Virginia from this point at no dit
uAy To commence Il campaign withol