The daily Evansville journal. (Evansville, Ind.) 1862-1863, 1862-05-29
North Carolama.

The correspondent Of the New York
Tribune furnishes that paper with the fol-
lowing interesting facts, significant of
desire on the paat of the people of the Old
North State to return 10 their allegiance:
Gen. Burnside is very favorably disposed
toward the Old North Stale, as also is the
Federal Government aud the people of the
North generally, who recognize the citizens
OF tnIs State as q people more honestly
straightforward than The inhabitants ofany
other Southern State. They always pay
their debts, and W ere never kno gn to repu-
diate. While in Washington, N. O.. the
olher day, made it a duty to inquire into
the financial condltion of the State, and es-
pecialiy OF the feelings of the merchants
coward their creditors la the North. I was
exceedingly gTati6ed to learn that the con-
dItOn Of the merchants of this State, as a
general thing, is far more favorable than
could be expected. ln f4ctI am credioly
informed that large majority of them will
be able 30 secure their Northern creditors
as soon as North Carolina abrogates the
Ordinance of Secession-a step that will
doubtless be realized before the 4th of July
next.
Many of these merchants already have
the gold. aud Northern money boarded up
for the purpose of squsring their accounts,
which they will do at the earliest opportu-
nifty. / am informed that at least half OF
them are so situated, while the remainder
will be able to give good security aud go
on with their affairs as before. As gen
eral thing the merchants oftbis State cher
ish nothing but the kiudest feelings toward
their old friends in the North, with whom
81
earnest desire to resume business and tenew
their former acquaintance with those who
have heretofore placed so much confidence
in their Integrity.
Strange as it may appear, this feeling,
with few exceptions, is shared by both loyal
and disloyal merchants alike. One of the
most extensive business men in this State
we'll known to Blackwell & Co., of New
York, with whom he has deatvery large
ly, for the past twenty years, says that
very few bad debts Will be found in North
Carolina. This gentleman, although op-
posed TO Secession, is, nevertheless, stiff
States Rights man, and +" believes in fol-
lowing the fortunes OF his State" He says
that notwithstanding the Oonfederates have
destroyed oyer $500, 600 worth of his prop
eriy to prevent IL falling in the Federal
hands, he will be able to pay all his debts
after the next crop. / took ride over his
extensive plantation the other day, en-
bracing some 5000 acres of rich land, the
most OF which Is planted with cotton, and
promises an abundant yield.
The financial condition of the State is
| not tad. North Carolina has only taken
| five million dollars worth OF stock in the
| spurious concern of secession, and only
three-hfths of that amount, | believe, has
been issued, and that in scrip, the legahty
of which has already bees questioned by
the Supreme Court. Ia fact, the ConFen-
| ton that passed the ordinance authorizing
the issue of these shinplasteTs had some
misgivings about the proDriety of allowing
a mark so black to remain among the ar
chipes of the State, as you will see by the
significant clause appended to the act,
which says, f" that this ordinance may be
repealed or modified by the General As.
semby, but so as not to affect. any trans.
action or right vested under the same pre-
vlous 10 such modification or repeal.
Another significant clause appears in this
ordinance, which shows how much conf
dence North Carolina has had in the So
called Southern Confederacy, as follows
THAT the Treasury Notes issued to pay the
Confederate tax shall not be used to pay
the debts of the State" e
In order to obtain substitute for specie
the ordinance makes it {" the duty of the
Treasurer to issue 81, 600, 900 in small de-
nominations, to-wit: S40o,000 in the de-
nomination Of So, 100000 in the denomi.
nation of 81, 100000 in the denomina-
ton of SO cents, $50, 600 in the denomina-
tion of IS cents, $25, 600 in the denomina-
ton of 20 cents and $25,0 900 in the de.
nomination of IL cents, payable on the Isl
day of January, 1866, TO be used in liqui'
!, dation of any claims against the State &c
persons aOiLti1ag to receiUe 1.-THE italics are my
own the same, but not to be funded IN tn
bonds of the State" ..sss
This shows how cautiously North Car.
olina has managed her financial affairs al
through these dark and stormy days Of Sc.