Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1861-11-29
Jeff. Davis, Message.

arch traitor Is endeavoring to put the best
outside, and make the most of bad
cause:
Washington, Nov 23.-The Richmond
papers of "Wednesday, contain jeff. Davis
message to the rebel Congress He says
the operations of the army are soon to be
partially interrupted by the approaching
winter. They have afforded protection to
the country and shed luster upon its arms,
through the trying vicissitudes of more
than one arduous campaign, which entitlc
the volunteers toour praise and gratitude.
After more than seven months of war,
the enemy have not only failed to extend
their occupancyof our soil, but new States
and Territories have been added to our
Confederacy.
While, instead of their threatened
march of unchscked conquest they have
been driven at more than one point to
assume the defensive, and upon a fair
comparison baween the two beligcrants
as to men, military means and financial
condition, the Confederate States are rela-
lively much stronger now than when the
struggle commenced. He speaks in high
terms of the people of Missouri who have
conducted the war, in the face of almost
unparalleled difficulties, with spirit and
success alike worthy of themselves and
the great cause in which they struggled.
Finding the Confederate States were
about to be invaded through Kentucky.
and that her PEOPLE, after being deceived
into mistaken security, were unarmed
and in danger Of being s,rbjugated by
Federal forces, our arraics were marched
into that State to repel the enemy and
prevent their occupation of certain STRAIT
egic points, which would have given them
great advantage in the contest--a step
which Vas justified not only by necessity
of elfiefence on The part of the Confed--
crate States, but also by desire to aid
the ppple Of Kentucky,
Twas never intended by the Confed-,
craft Government to conquer or cocrce the
people of that State, but on the contrary
it sas declared by our Generals that they
would withdraw their troops if the Fed
en Government would do likewise.
"a proclamation was also made of our
Jesire to respect the neutrality of Ken
lucky, and the intention to abide by the
wishes of her people, as soon as they were
free to express their opinions.
The declarations we're approved of by
me, and | should regard it as one of the
best effects of the march Of our troops into
Kentucky, if it should aid in giving to
their people liberty Of choice and free
opportunity to decide their own destiny
according to their own will
While he says the army has been cffec-
tive in full proportion to its means, he
speaks Of the difficulties attending mail
transportations, some of which can be
overcome only by time, the improved
condition of the country and the restora-
ton of peace, but others by legislation.
AS to the financial system 1t has work
ed well so far, and promises good results for
the future. To the extent that Treasury
notes may be issued the government is
enabled to borrow money without interest,
and thus facilitate the conduct of the war.
THIS extent is measured by the portion
of the field circulation which these notes
can be made to occupy. The proportion
of the field thus occupied depends again
upon the amount of the debts for which
they are receivable; and when dues not
only to the Confederate and State govern
ments, but also to corporations and indi-
viduals, are payable in this medium, a
large amount Of it may be circulated at
par.
There is every reason to believe that
the Confederate Treasury note is fast be.
coming such medium. The provision
that these notes shall be convertible
into Confederate STOCK bearing eight per
cent interest, at the pleasure of the holder
insures them against depreciation below
the value Of that stock and no consider
able fall in that value would be feared Sc
long as the interest shall be punctually