The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-24

There every reason to believe that the Confederate
Treasury note is fast becoming such medium. The pro-
vsion at these notes shall be convertible into Confede
rate stock bearing eight per interest tho pleasure
o inc nolder ensures them against depreciation below
the value Of that stock and considerable fall that
value need be feared long as the interest shall bc
punctualy paid The puncual payment Of this interest
mas been secured by the act passed by you the last
session imposing such rate Of taxation must provide
sufficient means for that purpose.
FOR tho successful prosecution Of this war is ndis-
pensaoe that tho means Of transporting troops and mill
tary supplies be furnished far possible, in such
manner e. not to interrupt the be-
tween our people, place check their productive
energies TO this end the Of transportation from
ono section Of country TO the other must be carefully
guarded and improved and this should be the object Of
anxious care tho part Of the State and Confederate
governments 50 far they may have power over the
subject.
We have already two main systems Of through trans
poration from the North to the Southone from Rich
mond along the seaboard the other through Western
Virginia 70 New Orleans. third might secured by
completing link Of about forty miles between Danvle
Virginia, and Groensborough, In North Carolina. 7As
coNssscioa ef this comparatively aoyt nxs scoasd
0sS W fhvoa0A roske from north to south in the
sses'sor Of Tie Confederate States, and eipe ~ access
70 population, and to militayy ,eso&rca, from
~hseA We ovy noso, IN great measure, debarcd. We
saoa'd increase greatly he safety and capacity Of our
tor transporting and military supplies II the con-
struction Of the road should the Judgment Congress-
- Is In mins be indispensable the most successfu
prosecution Of the war, the action Of tho government
will not be restrained by the constitutional objection
which would attach to work for commercial purposes
0tf IL
its early completion by giving the ncodfu aid the
company Organized for It's construction and administra
tion.
We husband our means, and make judicious use Of
our resources it would be difeut to AZ limit to the
period during which we could conduct against the
adversary whom We now encounter. Tho very efforts
which he makes TO isolate and invade must exhaust
his means, whilst they TO complete and diversity
the productions OF industrial system. Tho recon
strucon which he seeks to effect by becomes daily
more and more palpaby impossible Not only do tho
causes which induced to separate still exist full
force but they have been strengthened and whaiovcr
doubt may have fingered In the minds Of any must have
been completely dispclicd by subsequent events.
H. instead Of being dissolution Of league, il were
deed rebellion in which engaged We might find
ample vndcaon for the have adopted in the
scenes which being enacted in the United States
OuE PcoPio uoW iOOk WIN COntemptuOu6 a6t0nRn-
ment those with whom they have been recently as
socated They shrink with aversion from tho bare idea
Of renewing such a connection.
When they see q President making war without tho
assent Of Congress-when they behold Judges threatened
because they maintain the writ Of habeas corpus 80
sacred TO freemcn-whcn tbcy see justice and law
tramplsd under the armed heel Of military authority and
upright men and innocent dragged distant dun
gscnswhcn they find all this tolerated and applasded by
people who had been in the full enjoyment OF freedom
but few months ago, they believe that there must be
some radical ncompatibity between such people and
themselves. With such people We may bc content to
1.-Two Mt peace but the separation nai for tho ndc
pendence have asserted will accept alternative
The nature Of the hostities which they have wagcd
against must be characterized barbarous whenever
Is understood They have bombarded undefendcd villages
without giving notice to and children cnabb them
to escape, and in instance selected the night the
period when they might surprise them most ccctasy
whilst asleep and unsuspcfous Of danger. Arson and
rarine the destruction Of private houses and property
and injuries Of the most wantsn character upon
combaants have marked their forays along their bor
ders and upon territory.
We ought to have en admoniahcd by these things
that they disposed 70 mako upon in the
cruel and relentess SPIRIT yet not prepared to
see them 1T out largo naval expedition with the
essed purpose only TO pIage but 10 ince serviie
in midst II they convert their soldiers INTO
cendares and robbers, and involve In species Of
which claims non combatanis, and children,
victims they expect be treated outlaws
and enemies OF mankind There certain rights Of
humanity which entitled TO respect in war; and
he who refuses to regard them forfes his claims IL
captured to be considered prisoner Of and must
expect TO be dealt with as offender against all law
human and Divine.
But no. content with violating our rghta under the
law Of nations at home, they have extended these injuries
to us within other jurisdictions.
The distinguished gentlemen whom with your approval
the last session commissioned Represent the Con
cderacy at certain foreign courts, have been recently
seized by the Captain of United States ship ofwar on
board British steamer their voyage from the neutral
port Of Havana to England.
The Uihd States hare thus claimed e-aera1 juts 'iticn
the high seas, and, esterin0 British ship, sailing
uaer its couHrys fcg vioated the r hts Of en- assy for
the most part held sdtred ere aong bay1araas, ty sag
Ministers whit under the projection schi the DO
minions Of a neutral nation.
These gentlemen much under the jurisdiction
of the British government, upon that ship and beneath
Its fag as they had been its soil, and claim tho
part Of the Untod States to seize them in tho streets of
London would have been well founded that appre
factors and citizens Of the United States they could
not have been estcd British ship or on British
SOIL unless under tho express provisions of treaty
according to the forms therein for tho cxtrad
ton Of criminals But rights the most sacred seem to
have lost all respect in their eyes.
When Mr.. Faulkner,a former Minister Of the United
States to France commissioned before the of
Virginia. his native state returned in good faith Wash
ingon settle his accounts and fulfil oil the obligations
into which he had entered nc pcrddously arrested
and imprisoned in Now York, where he is. The
suspccting confidence with which he reported 10 his
government abused, and his desire fulfil his trust
TO them used to his injury.
In conducting this We have sought no aid md
pronered alliances offensive and defensive abroad We
have asked for recognized place in the family naous
but in doing have demanded nothing for which we
did not offer fair equivalent Tho advantages OF inter
course mutual among nations and in seeking 10