Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-09-19
The SequssIratiOn Aet-FauttcrinR OF Ihe
New York ShaFpsrs.-HRnkse Esids.

CORES, Ondinee OF the Memphis Appeal.
RICHMOND, September II, Is6I.-The Sequetration
act has "futtsred the dOyecOses Of COriOl," in
other words il has stirred up the bulls and bears Of
Wall street 70 unwOuted rage aud despare. Il is
measure fully justified to the Of the Lincoln
administration, which has gone Gu from one folly TO
another with fatal Fapidity and eertainy-in every
instance, doing just that particular thing which
would most surely iRjure itself il the struggle with
the South. To cOufiscate Southern property n the
Northern cities is q very pretty game, and doubt
less when sums of Money in bank lying there = the
credit Of rebels against the Federal Government
and contemners OF that holy flag were declared
contraband of war. it was thought quite master
stroke Of policy The New York papers, the other
day, manifested great delight n publishing long
lst of barques and schso1srs, Chiefly owned By this
city, which has been seized there at the whRrves,
and previously they had shown an equal degree Of
satisfaction in recounting how Mr.. Geo. II Miles,
Of Richmond, was relieved of upN ards of one hun
dred I1ousand dollars belonging to parties here,
and sent 20 Fort Lafayette, there 20 muse on the
mutations of empire and the deceitfuness Ofriches.
But there comes an antistrOphs TO their song of
rejoicing sequel to the new chapter in the History
Of American Finance. This is the Ssquestra;iOn
Act of the Congress Of the Confederate States, by
virtue Of which convenient fund is to be raised
from Northern contributors, Olt Of which the suf
ferers from Yankee spOlIatiOns shall be fully REIN
bursed. The amount of property which q thus
turned over TO our Government, viii 60 very far
toward defraying the expenses Of the war after de-
Quoting the total OF considerations In the North
ern cities. IL is said that A T. Stewart the great
dry goods merchant prince. Duke Of Diaper, and
Marquis of Aousseiiae has good debts II Virginia
alone, to the figure of six hundred THOUSAND dollars
and Auguste Belmont, some time since American
Minister to the Hsgue and celebrated patron Of the
fine arts has az this moment 600 hogshesds Of tC-
baceo lying the warehouses in lEis city. Through
out the South, immense amounts are owing to the
mercantile community Of New YORK., Boston and
PHILADELPHIA all Of which you'd have been pad 10
the last cent but for the which Lincoln ina1ga-
rated. And YET we have been told that the South
was If no importance whatever to the North, that
tine Yankees could get along better without Us and
the like nonsense We shall see how this Is, for let
the war be long or short we Intend that they shal
have ultimately, fair opportunity Of going it
alone
Lieut. Gov. Montague was in town yesterday and
represented the counties lying near the mouth Of
the Rapp2h1nnOck as having been seriously annoy
ed Of lats By the Yaokee steAmsrs. The brave
commanders Of these vessels who have been sent to
project Virginia, carry out their INSTRUCTIONS by
throwing shells at unprotected tarm-houses, plum
dering gent eIuens mansions ami stealing their ne
groes. They fire at any thing they see. at nnO-
cent fishing parties at men riding on horseback Oa
shore at old ladies gsing out for evening visit
Mr. Montague had five negroes stole1 from him
last week by the officers Of the Monticello. From
one of these, who had come back for his wife and
children and was caught the Heighb0rs learned
that the Yankees had offered reward Of three
thousand dollars for the Lieut., Governors head,
and caused the offer 70 be widely circulated among
the negroes Of the surrounding plantations. This
Is < compliment 70 the second officer OF our state
government, but his head u safe his shoulders,
and much larger bid for il would not avail. All
the lying and intrigue of the scoundrels in lie
Yankee fleet cannot get the negroes to act 0ensiy i've
ly-theiP Highest succeSz does not % beyond get
ting cutIse On board their ships OF war.