The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-05-16
[ Correspondence If the Eichmond DiSrdtch
FROM MOETGnMER

fhOM MON lbUh ERl.
MONTGOMERY, Ala, May 9.-The aggregate Of
the expenditures estimated for by the Secretary of
War in his report to Congress for the wear ending
February 18th, 1862, will be aScertared, as soon
as secresy is removed, to amount to nearly forty
millions. This large estimate contemBlateS q
a15nS5g Ie"rnag anu "fTiat5a's TTidtoroGs nTason 4Pa
Ways and means for supplying the Government
with the above sum, and schemes for buying and
producing the amount that NAV be necessary to de-
fray the expenses of maintaining independence and
repellinG Invasion, are now receiving the special
attention of Congress.
The practical union with the Confederate States
OF Virginia, Arkansas, Tennessee and North Car
olina, an Empire in themselves, has added strength
tn strength and influence to power, and will ena-
BILE the Government on very short notice tn sup
ply its treasury with any sum Of money, however
vast, that may be deemed requisite to assist in
protecting the honor and independence of the
States against the disgrace aud suhjugation that
are thundered in their ears by united and blood
thirsty North.
Considerable time will be consumed bv Congress
in an examination and digest of the reports of the
Secretaries of the different Departments-especi
ally the measures and suggestions presented by the
War and Treasury. The official account and state
ment of the Treasury will contain many items of
financial interest.
The Secretary has appointed number of reve-
nue. officers, and created numerous ports of entry
since the last session of Congress Their particu-
lars, wei! as the manner in which be has dis
II,
amount, will be of great public Importance.
There are about 375 applicants for letters of
marque and reprisal on file in the w ar Department.
Dispatches have also been received in this city
showing that large numbers OF privateers are fit
ting out at various pouts-all to be well armed
and manned. Some already said to be cruis-
ing along the Atlantic coast.
NAPOLEON III. IN ALLIANCE WITH THE SoUrH.-
We informed upon the best, most unnameabe
authority, that all this uproar is caused by the
4.
Mississippi wereall French possessions once. The
FreI ch owned the half of st. Domingo, and many
of the little fragments Of submerged continent
which peep up above the waters, as the Antilles
were French The Emperor has an idea-it is to
revendiquer frontiers. The inference is easy. He
has set the SpaEiaTds at st. Domingo and the
Americans by the ears, that by and-6ye he may
step in benevolent mediator to stop the efuSion
of blood, and to quarter the palmetto of Carolina
with the lilies of France Quantities of riiied
non and smells sent to New Orleans and PenSa-
cola in French bottoms; but Louis Napoleon is
great manufacturer Of artillery, and has always
store from whence to lend a friend. He cannot be
blamed, for Virginia herself is casting cannon by
night and day, and il is toss up whether they are
| sold to Northerners or SOutherners. 1t is quite
| true that the French making vast preparations
| in the naval department, but the American navy
could ali be split into matches by La GOire alone
The Emperor doubtless watches events, and as
surely will consult the interests Of France here
after; but he has other objects nearer home at
present and the voyage to the Gulf of Mexico
would exhaust all the coal his steamships can car
| ry.-Lirerpooi Courier, april 80.
| A CHANGE.-An altered tone is observable in
public feeling, within the last few days. The Re-
publican Press which professes to be the exponent
Of the views of the Administration, is much less
| ferociOus than it toward the close of last
month. Journals in the rural districts still vie
! with each other in throwing the dictionary into
commissions; and bloodshed, Instructions, burning
towns and brigades of hangmen, continue to form
the staple of their daily ucubrations. These are,
doubtless, excruciating; but they only the duti
ful reflex of municipal rawlings, and will cease as
the latter begin to be less frantic. The hair of the
community has stood on end long enough, and the
people want rest. Bavonets, uniforms, and a con
tnual parade of recruits, have lost the charm o
novelty. and sensible individuals begin to inquire
where they all going, what they have got to do
and how much the pleasant little entertainment
that has been gotten up by Republican Admins
tratiOn, may possibly cost. Mems mouths once
more dare to pronounce the words Constitution
and claw" and they venture to ask each other, by
what authority quarter Of a million of volunteers
have been summoned away from their homes, anC
whether the ''preservatou of the integrity of the
Republic" has really required such vast sacrifices
~ Y. Daily Ne,es.