Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1862-11-25
YlhlAClAL ND CJMMkRrIAL

MONDAY, Nv. %, 1862.
TIE Enquirer, Ct this date, tin s,d,r.that the sut sct
o, III. currency may be int,llis.nty Understood, and 10
e,rrcc. maa, Misrepresentation Iai er,ggerations,- PIE.
ssnts somo f.cu which, /. says. may be accepted - cor.
re, viz:
The debt Of the Government at this timo may be thus
stated. We ue round numbers for convenience, taking
the nearest million
Treasury Noes, Currency, ESQ 900 900
Tressury Noes. interest bearing, 50 OoO 600
Call Loan, 90 600 900
Funded debt, 1900 900
TOTAL. $4,000 600
These ngures, both 90 10 currency, and the an ount Of
tho ptbic debt, are much smaller than Is generally IN
derslood-
III, En0uiyer srgu 8 bri. dy to show that from the
ds,.fuet on of exchanges and other causes, 100000 900
mSy b. assumed A. the amount of currsrey which the
country can bear Without experiencing the effect, Of \
ul,,h.ra. "Prior to the separation. the amount Of cur
rspcy in the Confederate States va something upv.ris
of $50. 900. Our circulation, Is above stated, . tso
bundled aud 6hy millons-the intsre,t-besring notes
bsins of the ratare of funded debt. We are, therefore
a hundred millions above the limit Of wealth. Our buii-
nen 10 10 come down to Il; and the btsi means Of doing
IL and keeping 1t down, Ia tho publi2. 1t would at once
be done, IL tho holders Of 8 hundred millions of cuiren-
cy would invest il 10 bonds. /. will have to be d,ne by
| tNis conversion, Effected BY s)ms process, dir C.. or In.
direct. The Goverrment Is obliged to have means, ard
| il il obliged to obtain th,m from our own people. III 10
GU. interest a. v | as cur duty TO fGrIith them readily. "
TIE Exchange Hoel vas soil at AUG i,a, TO day, BY
nessrs Goddia AID Apperson, Us reported in another
columo) for the sum of sl0i COO. Tho same hrm re
Gently sold at s~u,ton:
Tenement No. 6 in rslbot.s row, Occupied y hr.
Z .t,nge) on . a ~ b st. bst Broad ana X .rsnal strs 'ts
-lol 27t by 70 tet...".,"., '......'"..'so ,soo
fepenl.nt In 9 g Mayo 8 rret bt D abkIb aud b-Ost
lot 81 By 100 teer. .6oO
At the Man uGsc,urers' meeting, held in Augusta, last
vs.k, the following Preamble and resolutions we're adop:'
Cd:
Wh,y,u.. The Ma ufac'urer' Convention, after cor.
ming notes as TO the immense advance upon every sfti
es In use d raining 10 the cost Of producing goods. W:
| Cation. labor, oil, q cohol, vrni3h, gum, lea her ia its
| various uses, card clothing and hand cards for gripping
| cylinders, steel, iron, fee, hardware, shuttles, bcbbins,
reeds, steel trav,ll rs, steel sPindles n, Baeeets metal
| solder, nails, screws, and q thousand other articls large.
IN in use, most Of which have intrl Ease eever one tboa
| sand Der cent In value, and some extend . the fsbulors
advance al ten lhous md per cent Therefore, be Ii
P,,olysd. That the Manufacturers Convention consider
| from actual sims.t presented, the present cost Of pro
ducion Of cotton goSd, 70 b, equl 10 so cents per
| pound. and deem il unset, 10 ba gain with government
At any frei price to extend beyond one month, without
| the es,ablshment Of . sliding scale BY which the price
| NAV be varied from month TO month, % the cast OF pro.
| duction may advance. H
After adopting the rsTert, the association adjourned to
inset at Columbia, 8. O, the time subj ct to the pleasure
Of the President, who Is requested to is,us a circular
| giving manufacturers motto, Of the time appointed AMI
urge thsif general attendance.