New-York daily tribune., 1861-08-21
A DETECTIVES PEEP INTO HIS pApEHS'
REBEL FINANCIAL ARRANGEMENTS
THE EFFECT OF THE BLOCKADE

ofG GOyernfnent
re are indebted for many iavors has furnished us
with copies Of some of the correspondence found m
Muirs trunk.
The following letter to Charles Cavendish Clifford
n. p, House OF Commons, London, will command AZ
tenti0n;
CHARLESTON, July 81, 1861.
q. G.. CItFyopp. Eso.-Dear SIR The Importance |
which our American affairs assuming, must be my
excuse for again addressing you. have Just returned
from Richmond the seat Of Government for the Con-
federae States attended for short time al spec
taOr tho meeting of Congress; and S2nYersea WIN Win
several Of the members with whom have long been
arrived in Richmond the Wednesosy
evening succeeding the battle ut Manassas which was
fought on Sunday the Dist. Long before you ieceNs
this you will have heard 81 the decisive victory ga.Ha
by the Confederate troops. The elect Of tls Da'e
on the Northern miyd will he 10 exasperate ana 49,
to greater efforts than ever, the great masses VI Wv
North and West They will never be content oLcI
zee disgrace of his defeat is wiped out by some com.
terbalsxcing victory their part. 3s lover OF
peace. and earnestly desiring speedy c";chinon 70
this useless and wicked war, could hoY; that neither
secfon Xyould be again Illuminated by 30 disastrous
defeat as that of Manassas.
found the members Of Congress, the members OF
the Cabinet with whom am acquainted, ana tnofe
citizens of Richmond with whom l conyersed, per,
fectly confident of eventually gainihg the day. i
asked some of the merchants of itlcbmond,
thew were not apprehensive that General SCOTS army
wonld get possession of Richnond, but they all as
sured that at no time dd they iee Tue eas'
of danger and since the recent battle they were sis
fed tbey were not too confident. eonfess had my
fears that Richmond being 70 near TO the base OF ten
eral scots operations might have been captured by
the overwhelming forces Of the North.
I am profoundly impressed with the great strength
of men money! and the materials for waging war
which the North possesses have been panned 10 see
the disassion Of my neigbbors 10 underate the conr
ace A. patriotism Of the Norh and have feared u
migbt frvA led us into fatal security The expert
ente of the last battle has taught US useful lesson
IL has convinced our people that the Yankees Will
fight and most desperately, and will lead 10 greater
caution in the future.
walls of troops before left Richmond, to the number
of Is, 600 men, and on my way 10 Charleston met
1000 more in the route for the seat war Every
railroad train carries on as many en- as can nnd tsps
portaton 90 that our generals will have 1t In their
mower 10 carry the into the enemys country, but
am greatly afraid will be as badly beaten IN oar
tnrn when we become the invaders. Ii Is lighting on
our own ground and for our hresides which gives us
some odds in the conflict.
Men are plenty; the means OF keeping them In the
field are not 30 easily found men, yet trust these
means will not be wanting.
The object of rny visit to Richmond was to attend
Convention Of all the Banks in the Confederate States
to see how they could aid the new government with
their credit in this emergency Ii was agreed that all
the banks should receive deposit and in ment OF
debts the Treasury notes which the government are
about TO ISSUE say the amount Of $lOO OOO and
to pay out those notes TO their customers. This viii
give them universal currency throughout the Confed-
crate States; and ports are bOckaded, and we
must in consequence do without foreign importaons,
we can use this government credit among Ourselves 30
long as the war lasts; and when the war Is over,
these notes will have 10 be funded into permanent
/ debt.
The planters are everywhere subscribing the half Of
their entire crops 70 the Government loan, and II ia
proposed though not yet determined upon, that the
overnment aid the planters to the extent of the whole
-..N.-- l.. e. L.. a. l..I he
! larger denominations of which to bear interest
of over per cent which would induce many persons
10 hold them investment. To an English fnancier
such plan might seem very ruinousi but we have
made up orr minds that the Government must be sup
ported ia the war at all hazards and AZ any cost aud
should tbese treasury notes depreciate or become
worthless we had better suher than return to such
Government az now rules at Washington.
II is but fair TO say that opponents tslk equally
strong about their uDalteable determination to restore
the old Union TO- its original glory even If in doing so
they destroy the country. Inns Is curious par
Northern fri nds asserting the absolute necessii o
keeping tie Union entire even II the Southern States
have to he 6verrun With Ere and sword. Indeed the
tendency to brag and buster is strong that neither
section can keep from it. Ny trip to Richmond carried
through the rch cotton region Of South Carolina
and through tie corn region Of North Carolina and
Virginia Everywhere there is q promise Of most
abundant yield.
One more rain, cay week from this time or a
though favorable Autumn for cotton.picking is
sential for large crop of that article. have never
In all my experience seen such favorable prospects Tor
the planter as there now are; and II we only get
il 10 market we ehall have the means Of purchasing
largely Of foreign goods.
Present my regards TO Sir Augustus and Lady Cliff
ford. shall long remember the pleasant family din.
ner at their house. Yours, JAMES 5. NJ. CARTER.
Another mercantile letter from Charleston, written
by copying press ilegbly that only portion of it
could be decypheIed and the signature 10 which s but
an nky "quirl speaks just enough of British rscog
milton Of the Rebels to stimulate curiosity and make us
wish that the writer had been communicative.
Mr.. Trescotts companion TO Richmond aems to have
been Dir. Bullgny; but be may have been anybody
whose name begins with Is and ends with y, g, orj
An interesting quality in this epstle s that it enables
us to know the spirit of Mr. Russells letter to The
London Times, descriptive of the Bull Run battle and
teaches that this gentleman has the amisble habit Of
tresng bis Rebel friends to private copies of the fun
he makes Of the running Yankees But TO the scrawl:
"Mr. b. showed me confdentially Mr.. Russells
letter about the battle; his letter beats all have yet
seen III print about the Yankees running. He says
We could have had Washington by merely asking.
"lie says Lord Lyons had an inclination 10 ask Mr.
seward If the Confederate States Of America had not
the beligerent rights, according TO bis notion, he
would certainly admit they had the beligerent poner
On oath Of secreey be communicated TO me also that
the first step OF recognition was taken He and Mr.
BulhgDy together sent Mr. TIescott to Richmond yes
teTday 20 ask jeff Davis, President, TO accent the
treaty OF commerce. 10 accept the neutral flag carrying
neutral goods This Is the first step Of direct treating
with our Government.
I" If prepared for active business by lst January.
you may rely on all going right.
Crops good and fine. There is more corn made
than ever known. Cotton will be four million baIes
with what wac left from last crop.
" Have doubt that there will be soon direct op
portunes with the South by steam. All our pliyi-
teere do remarkably well though come less GOOD tb.