The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-03-25
EROM PENSACOLA.

From the Warrington correspondence of the o.
Serrer, of the 18th, we take the following para
graphs:
WARRNGToN, March l5.-The United States
steamer Wyandotte conveyed despatch from the
Commander of the United States frigate Sabine to
General Braxton Bragg last evenng-of what
ture have not learned, as my informant had not
seen the General afterwards.
Lieut.. 7. Ellis, of the Southern Army, and Aid
to Gen. Bragg, arrived here this morning from
New Orleans.
A report was current here that the Secretary of
the Navy bad written here to know what would
be the amount of money necessary to complete the
Fulton. Capt. V. Randolph is expected here from
Montgomery in the early part of next week with
the ''sinews of war; to carry on the works in the
Navy Yard
A rumor is current on the streets for two days
past that Gen. Bragg bad written to Montgomery
in regard to stopping all communication between
the fleet outside and the village and that instruc
lions the subject may be looked for on to-day
tomorrow. The United States steam frigate
Powhatan, the flag ship of the Home Squadron, is
looked for off the bar; her arrival is anticipated
to-day:
WARRINGroN, March 1.-THE Wyandotte APP
reared again in the harbor after | mailed my let
ter, and was engaged ali the afternoon in convey
ing materials from Fort Pickens to the ships out
side; those who have used their glasses say it was
furniture and cooking utensils. Many excaim
what does it mean? Is Lieut.. Slemmer going to
give up the fort?
The work on the batteries is proceeding day and
night; Col. Forney is indefatgable in his exertions
to place every point in thorough state of defence
In the Boston Advertiser "a Black Republican
sheet of the most ultra knd) of the 23d ut,
it stated that decoy lights have been employed
here for the purpose of getting the United States
steamer Wyandotte ashore. 1t is hardly necessary
to say that this is uDmitgated ialsehoOd; no at
tempt of the kind has ever been made.
I From The Columbia S c. Guqrdian.1
The Two TARIFFs-HoW THEY MAY BE MADE TO
Harmonic WITHOUT PREJuDIoE TO EITHER CoNrEDE-
RACY.-Mr. Editor: Let the independence of the
Confederate States be acknowledged by the United
States, and then by treaty stipulations let it be
agreed between them that the United States shall
have collector, with all needful assistants, in
every port of entry in the Southern Confederacy,
who shall be privileged to collect the United States
duties upon all goods destined for either of the
United States. And let the collector of the South
ern COnfederacy collect the goods destined for any
State in the COnfederacy, according to the South
ern Tariff. One custOm-house might answer, or be
made to answer, for both collectors. Goods frau
0uently entered as for a Confederate State, when
actually destined for of the United States
should be forfeited to the United States or subject
to such laws the United States may prescribe
Surely, no State which prefers the Northern to the
southern COniederacy could object to paying the
duties imposed by the government of its choice.
How much better an arrangement of this kind than
the desperate expedients proposed BIZ the Republic
cans for securing the of the United States
believe it to be perfectly practicable, and well
calculated to harmonze the two Republics. Or,
let the Southern collector under proper securities
and with suitable compensation from each govern
ment, collect the duties for both.
The Southern States have no desire to make
their laws operate to the prejudice of the United
States, though they will be swept from the face of
the earth before they will pay tribute to the United
States.
The mails might remain as they are, under COM
pact, likewise. A. B. LoNGsrREET.
CoNsoLs.-The word consols used in English
financial circles, is an abbreyiation of the term con-
solidated funds, and consols comprise several
three per cent. government annuities, granted at
different times, but finally consolidated into one
fund. They constitute, in Great Britain, nearly
half the public debt and hence their rise and fall is
considered fair index of the condition of the Bri-
fish money market. The term funds in England
| is somewhat OF an equivalent for our government
stocks, but there is this difference in the character
of the two investments, viz: government stocks
are loans redeemable at a certain period while
British consos irredeemable loans, on which
the British government guarantees to pay the in
terest and hence the consols are, in fact annuties
There are other British loans, of temporary ma
ture, which we think pay 81 per cent. interest,"
The low rate of interest which rules in England,
furnishes, as you may well suppose, the reason WHY
much British capital seeks investment in this as
well as in other countries, where money being less
abundant, the rate of interest advances in propor-
ton.-Boston Courier.
LOAN OF THE CONFEDERATE SrATEs.-It seems by
an advertisement of the Secretary of the Treasury
the loan of SIS, 100000, authorized by the Mont
gomery Congress, has yet been taken. That off
Ger gives notice that onethird of the amount will
be offered to the public the 18th of the ensuing
month, to be issued iu sums ranging from $50 to
81 900. The Secretary says that, in order to ena-
BILE all portions of the people throughout the Con-
federate States ''to exhibit their common interest
in raising funds for the common defence, books of
subscription will be opened at the cities and p-n-
cipal interior towns" and, 'fto enable all persons
conveniently to subscribe, current bank notes of
the place will be received at their market value in
COIN" He also states that the debt is secured by
"duty of one-eighth of a cent per pound. or about
81 cents per bale, on all cotton exported. "-Nat.
Intel
OPPOSITION LINE FOR Mr. VERNON brethren
from the North row hunting office in Washington
have created great establishment by the wonderful
exercise of their legs. Although Washington is
justly styled the Getty of magnificent distances.
it is too small to call into play the full use of their
powers. With carpet bag in hand they walk to
the Capitol, Presidents House, Georgetown and
Mt Vernon. They have walked all the hacks and
omnibuses down in Washington and are now try
ing their legs against the Mt Vernon steamer line.
They will doubtless give up their last undertake
ing as 1t will be seen by the following notice that
it involves loss of shoe leather without any pecu-
mary gain:
NoTE.-All persons visiting Mount Vernon by
the land route will be required to pay the same
amount as entrance fee that is charged those going
by water, viz, 70 cents
The publication of this notice in view of the
above facts it viii readily be seen is clearly in self
Defence and with this advantage in their favor the
steamer will not be off by the overland ootline,
whilst the charges are the same.-Alerandria Sen
tnel
THE AFRICAN SLAVE TRADE.-"Why this everlast-
ing howl about the African slave trader" is the
question asked by the Jackson Nissis8ipp,an, a
paper which insists that the people of the South
do not desire the reopening ofthat trade. Itsays:
"Nobody wants to open the African slave trade
under existing circumstances, except, perhaps here
and there enterprsing Yankee, who is willing to
silence the murmurs of rebellious conscience to
satisfy the supposed demand for Southern labor,
and to fill bis pockets With the exception of Mr..
Spratt, of South Carolina, we know of no man of
note who thinks such measure would subserve a
useful purpose at this time; and doubt if be does
Among all our contemporaries of the press, there is
not one who ADVOCATES it. And yet politicians will
insist upon calling this spirit from the vastly Deep,
as II to invest it with the elements of vitality, and
make 1t one of the living issues of the times. Have
they not enough to do with material and present
issues without taking this wild-goose chase after
immaterial ones?'
Quite an excitement was occasoned in Alexan-
dria, Va, on Friday last, by the rumor that a
large number of pixies had been found secreted in
the woods that place. The pixies were offered
for sale in the town and disposed of rapidly,
they being supposed to be the arms of contem-
plated insur recton. 1t turned ont, however, that
they were hatchets made for the government, but