Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-09-03


the Alliance had entered. Il new appears that IL
was Beaufort in North Carolina, harbsr or the
neck Of Cape Lookout where the vessel ianded
Ii Is further stated th&t as the time the Alliance
entered the line Of the blockade at this point mum
Der of Enerchant vessels were observed out at ssz
and It was supposed that they might follow the al
lance in, under the pro5eetioa OF British STE y
that was lying off the coast This may possibly ac-
Count for the circumstance of the Withholding from
general Geographic communication Of the intelii-
gence Of the gap made in the blockade by the yes
sci as pioneer.
1Ais is the first instance We belieEe, Of the in
gross of vessel o. neutral power into our block
AIDED ports and al such is entirely sufficient TO fur
nsh the occasion for freeing the neutrsl trade Of
the British Government from further rsstricfisn.
Il is we'll known that severafof onr own vessels
have made their egrsss. from the blockaded ports
and that some Of them have do 30 il repeated
instances. The late inteiiigeBce from Eur0pe re-
ports two arrivals from Southern ports. w : the
Genoa, from Savannah, st Deal. ard the Kaler,
from New Orleans, at Barcelona. sr
Ii il to be understood. however, that in contem-
patlen of public law the escape Of the blockade by
our own vessels cannot properly, or perhaps justly,
free the commerce Of a neutral When, however,
as in the case Of the Alliance the vessel Of neu-
trail power itself runs the blocksde, through either
the inefaciency or remissness CT the cruisers, or
even through some accident sfnace0rstsd for there
s no doubt that in the common estimation Of inter
national law, the blockade is positively and perma-
nently broken.
The test Of the blockade Tor England, so far az
her own rights are involved is positively deteFniin-
ed and the circumstances attending the adventure
Of the Alliance point to prompt and elective neas
ures fer hesasssrtion Of those rights It is knewn
that numbered British war feasels are now sta
toned immediateIy on the North Carolfna. coast,
and that the running Of the blockade By a British
merchantmen at Beaufort was performed ia the
sight Of one of them she late addition to and
concentration Of the British squadron, or rather
a n A..
thing There has never before been such
formidable array of modern war vessels around and
about our coasts. The British feet, now under the
command Of Admiral Milne, numbers forty two yes
sells, with an armament Of 497 guns and between
six and seven thousand men. In fact every cir
cumstance aids the conclusion that if the LineOln
Government shall insist upon any further cOntinu-
alton Of the Blockade the preparations Of the Brit
lsh Government are complete, instant and fully re-
solved upon for naval war with the United States,
to be commenced Immediately OF the coasts Of the
Atlantic. = =
I p S. Since the above was written, the informa-
ton gFSen By il about the running Of tie bloekade
has been fully confirmed by dispatches received at
the War Department, not until last evening The
captain Of the Alliance is expected 70 reach Rith-
mend to-day. Her cargo will be offered for sale to
the Government. From what we can learn of it, it
is of the most valuable description. Besides
sOrtmant of general articles and some cases Of as,
perhaps it consists of 1893 900 percussion caps large
iron, tin plate several thousand dozen of spool cot
From the Richmond Kramaasr Of The 2g.h ult.
we extract as follows
TIE COTTON AND PzoDUCE LOAN. -7-lr
Mr. d. B. Debow, the superintendent Of the
Cotton and Produce Loan. has prepared circular
on the subject and advantages Of the loan, to
bring it to the attention Of the people and solicit
their investments. @
We learn that the ratio in which subscriptions
have lately been coming in. warrants the belief
that every want of the Treasury will be anticipated
as the war progresses 81 81
The Treasury bonds which are issued for these
contributions of the people TO the support Of the
Government probably equal in character any in.
vestments which can possibly be made under pres
ent circumstances AS an eight per cent, invest
ment they could not fail, with the establishment
and recognition of our Independence, to command
a considerable premiGm-Pe from 10 to 20
per cent, as the old United States six per
cents once did and on the other hand should
the eoun ry be conquered and the Government
broken up, il is obvious taat all our possessions
would be in the same category as stocks-Worth
nothing. The investment iucuFs no more risk IL
the war than any other species Of property, and
promi es considerable profit, besides sffordlug
patriotic eradication to our people IN supporting
the Government and sustaining the le objects Of
the war In which we are engaged
We are informed that the investment is in such
credit that the Treasury bonds are already making
their way into the money market Indeed, IN few
months, may anticipate the figuring Of this stock
largely on the exchange lists Of the South. We
learn Of sales already at per cent premium, and Of
none below par.
Tennessee, we believe is the only State, owing to
the circumstance Of her late admission into the
Confederaey, that has not yet bad opportunity
to respond TO the appeal Of the loan. Her Repre-
sentstiVes in Congress promise that she will not be
backward IN her subscriptions, and that measures
will be taken to canvass all the counties
IL may be proper and useful to explain that the
form Of subscription, which pledges the crop,
quires the same to be placed in warehouse or in
factors hands, with date designated Tor the sale
best suited to the locality and convenience Of the
subscriber.
DEPARTMENT CLERKS
81 We are pleased to learn that Congress has adopt
ed the policy of increasing the clerical force in the
Departments, by distinct and definite authorization
of such iners ase instead of making it discretlana
~ with Secretaries. Besides the large increase Of
clerical force in the Treasury Department in view
of the collection of lsbeUrs under the law, we
learn that bill has also been passed enlarge the
force in the War Department II is well known
that in the latter Department through the sseless
energies of its head the clerks have been taxed
with enmense amount of lsbOur. sEidence Of
which is shown to the order and almost wonderful
efficiency of all its branches of public service, by
force at the command of Secretary Walker, which
is but small fraction, in point of numbers, OF
that employed in the War Office at Washington.
ISSUE OF GOVERNMENT STOCK
The Treasury Department is busily engaged in
the preparation and engraving of the Treasury
notes be issued under the late fiscal act Of Goa
gress. The bonds and inscribed stock will not be
ready to be issued for some time yet. We learn I
that none of the bonds have yet been issued under
The fifty million act. The twenty millions Of bonds
under that act have been superseded By
the provisions Of the tax BILL and will constitute
portion Of the hundred million issue.
The quality Of the paper used 10 the manufacture
Of the treasury notes is very Inferior but IS said 20
be the best that can be procured in quantities sufh
cient for the purposes of the Government There
IS reported TO be some little bank note paper in New
Orleans, but scarcely enough to be of any use to
he large paper issue of the Government.
NONRTERCoURsE ACT.
We learn that the Committee on Foreign Affairs /
nave reported bill to Congress prescribing all /
Fade intercourse with the North, except in speci
led articles which exception, understand, Is 1
)nly made during the existence Of the war for the
purpose of obtaining, far possible certain ne
,essary supplies of which our army is in need. The
Measure promises timely and effective inaugurs-
ion of the complete breaking up Of commercial in
ercourse with the Yankees.
RECRUIING STATIONS.
1t is understood that the War Department has l
een authoriz d. BY act Of Congress- to establish re-
ruiting stations for the Confederate army in Mis-
ouri Maryland, Kentucky and Delaware. It will |