New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-11-29


tenber, whereby credit and standing was at once
brought about in favor Of the Confederate States
OF the conduct Of some of the confed
crate officials, who seemed and yet to delight
in depressing The notes of the Confederate Treas
ury.
The question of currency and revenue is perhaps
the most difficult that has deyolved on the author
tiles at Richmond. To raise one hundred millions
or more of dollars in three or six months was no
easy task for new Government. MaiS, 3'in'porte,
we have not room for homily on political eeono-
my, particularly the rise and fall in the general
pork market. We leave that question to our cru
dite right hand contemporary. -.
1t is more than apparent that the Confederate
money that is, the notes of the Confederate Treas,
ury has been greatly deprecated by the action OF
the officials. For instance, we take the case OF
the Postmaster of this city, who has invariably
refused to receive the Confederate notes in pay
ment of his illegal worthless stamps, and we sup
pose the same remark will apply to the pasteboard
hons. Day after day are we compelled to listen
to complaints of our Post-ofGce department.
Yesterday we received the following communica-
ton. The verbal complaints are too numerous to
record -s,-ra-.,+ era Il
+ SCI sent FIVE dollars to-day, Confederate
money to Rddell, to buy five dollars worth of his
stamps. He would not give them to me. great
shame! If had asked for change should not
~, i, Stots 81 aon "a '' "os ~
t-.esS~- Yours, a MERCHANT. .
Now, we should like to know if this is the way
for an official Of our new Confederacy to act in
sustainngit? The law of postage, as attempted
to be explained in one of the papers of last Sun
day, is misnomer. The treasury notes say on the
face of them, by order Of Congress, that they are
receivable for all public dues Mr.. Lancaster, the
acting chief of the Finance Bureau does not carry
out the Interpretation of fnaneier. But the
question under this aspect is neither here nor
there If Postmaster Riddell does not consider
the Confederate Government worthy of credit,
which he proves day after day by refusing its
notes, then he ought to resign at once, and his
place will be filed BY some one who has conf
dence in the Government some one that will re-
eeiye and give some credit to the Treasury of
the Confederate States. 1t is discredtable to the
Post-ofice Department to tamely look on and allow
these Confederate notes to be discarded and sold
at twenty per cent. discount to pay postage. Mr..
Postmaster Riddell, will you resign your office and
allow the appointing power to place some one in
Your stead that will take the interests and con.
venience Of the community into consideration and
who may have confidence in Confederate Govern
ment money. '.r1@-e e. 81 ~ .' ! '.'s
In the absence of sensation dispatches by tele-
graph it was remarkably quiet yesterday. The
Southern Rights Club had special meeting last
evening Among the resolutions passed was one
TO memorialize Congress to suspend the Tariff act,
the collection of duties on imports from foreign
countries during the war. This will encourage
large shipments of merchandise as all merchandise
can be packed in waterstight packages, thrown
overheard from vessels and landed at almost any
point on the three thousand miles OF sea coast OF
the Southern Contederacy. All Will ind the way
to market, -esv.... ,.. n...
There were two Or three citizens on our flags
yesterday who left Columbus, KY, three or four
days ago. They report a strong force there, sui
.fcient to cope with any Hesslan army which may
be brought against it. From Information at hand,
the great expected battle is further OH than an
ticipated. For fifteen days we have been surfe1ted
with talk about this battle, Correspondents in
general draw largely on imagination, and give the
proceeds Tin financial phrase)to the public at par
Our contemporary in Algiers has given full de-
scripton Of the shipyards at Jefferson City, which
has been copied by our city papers, so that the
Hessians will know all about the great vessel in
course Of progress. IL does not maze much differ
ence, as the Yankee spies are no doubt among US I;
vide the long article in, the New York Herald OF
the l2th inst, giving full details of the progress
resources and means OF the Confederates. This
account must have been written by some spy who
was in our CITY about the last week in October.