Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1862-11-07
The Iowa Seventeenth lslOriOusly
Vindicntod by Official order.

The Iowa Seventeenth taloriously
Vlndicated by Official order.
HEADQUARTERS ARMY CT TIE MISSISSIPPI
81 DIVISION, DISTRICT WEsr TENN,
CoRINrn, Mss, Oct. %, 1862.
General Order No. 49,
The General commanding cannot forbear
to give pleasure to many. besides the brave
men Immediately concerned, by announcing,
in advance of the regular order, that the l7th
Iowa Infantry, by its gallantry in the battle
of Corinth, on the 4th Of October, charging
the enemy and capturing the flag of the 40th
Mississippi, has amply atoned for its misfor-
tune at Iuka, and stands among the honored
regiments of his command. ....
Long may they wear, with increasing
brightness, the honors they have won!
BY order of ea -a
MAJ. GEN. W. S. RosExcRASz.
c. GoDDvRD, LIST. It,, 18th Inf, O.V.
[offical Aet'g Asst Adj't Gen.
SiLvER-ITs PREMIUM AND ScARCIrY.-In-
asmuch as geld constitutes the bulk Of the
specie exported, it is puzzling question to
many, merchants included, why silver should
be SO scarce, and why it should. command
nearly as great premium as gold. In brief,
the three following are the chief reasons why
silver is no more IN general currency and
commands its present premium
LIST. 1t is wanted for Canada trade. In the
Canada market silver is as good as gold and
in paying for the large amount OF Canada
produce,which we receive, of course the specie
which can be obtsined at the lowest pre-
MUM is preferred, whenever it is necessary
to pay IN specie.
Sd. For the reason that silver is lower than
gold, silver is preferred for "hoarding."
There are many persons, particularly those
who have retired from business, who have
cash capital and who are in fear of further
depreciation in paper currency. who are con-
verting their money into syec:e, and prefer
silver, as it is lower than gold.
Sd. The difference in the foreign markets
between gold and silver is but per cent
A greater difference than this in tie market
value of silver would cause it to be taken fer
EXPORT in the place of gold.
The difference in the premium betweers
gold and silver is but Per cent.-NeU York
Economist.
A Harper's Ferry correspondent of the N.
Y. Commercial Adrertiser, relates the foloy-
ing in one of his letters:
"As an instance of the havoc wrought in
some portions of our army by the late t,attles,
may refer to Gibbons brigade, which from
1000 has been reduced to little more than
eight hundred effective men. One regim emit
lost At per cent Gifts members in the single
battle of Antictam; and the others have a
nearly similar story to tell. The brigade is
composed of Wisconsin and Indi ma troops,
and it boasts of never having once turned its
back to the foe. After the engagement Gen.
Mcclellan complimented the "irou" brigade
in the highest terms, declaring that its bravery
had never been exceeded on the field. 1t is
a curious circumstance that its commander Ca
, North Carolinian) was actually engaged part
? of the day in fighting his own brother, who
: was in command of Confed crate battery, and
: who is alledsed to have avowed his determin-
alton to capture his loyal brother at all
sacrifices. He has not yet succeeded"
s6rrhe conviction of Albert Horn. ef New
York, for fitting out the steamer CITY of Nor
!, folk, for the Slave Trade, Of which mention
has been made in our dispatct .es, was very
important one Horn has bought the vessel
paying $4,000 for her. She was run on one
) voyage to Havana ao'. back, and then was
sent to st. Thomas, .aving had some $25, O0O
more OF repairs Ar 4 outfit put on her. At St
lnomas !rahs' er took place, and the vessel
al.er running to Barcelona, (Venezuela,) to
get wafer Tough, sailed for the African coast
ana ON IRVING in the Blight of Benin, took
IN Ell ut hundred negroes in broad dayligh,
an' sr.iled for Cuba, whore she arrived witt
them. Having discharged them into boats
= the ship was abandoned by her crew, blu
e she was shortly after ward captured by {
\ Spanish man-oi-war, which also took most
t the negroes. Horn in defense, pretended
t that he had nothing to do with the vessel
; having sold her, and he said also when he
l., sent the vessel out he expected to charter hel
u to the Venezuela Republic. But the Govern
ment proved conclusively that be was tn
}. owner-that the pretended sale was one o.
n the usual Slave Trade ruses, and Horn was
q convicted.