The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1862-07-18

Ia another article It says that ",hs summer.
campaign must end this rebellion or that this ma,
be very long ana eventful war;" II adds:
We call upon the Government to supply. a
once, from our troops in the field else where sz
overwhelming army 10 Mcclellan aud Popein Nir
GINA anc upea our ioyai States to push forw arc
taeir volunteers or militia. IL within Two or three
weeks we can reinforce our Virginia arnes to the
extent CT u hundred thousand men il NAV save u,
q vast amount of human life and a thousand mil
mons OF dollars, which may otherwise be required
for the suppression Of this rebellion Now ia ,bf
TIME for action If We would save the Union We
can. Let action, then, be the word
The New York Money Market
From the New York Herald July l5l
MONDAY, July IA, 6PM.
To-Day bank statement compares as fellows
with that Of last Monday
~: end,g. loans Spsc;s Circarn Dc,os;,s
July s. Sii3643,7lS 3I190,5l9 927Oel5 1877 4s6 53i
July l2. i47o7,436 3209o ia 9,2l2 3y7 la7 5s 055
Decrease. s64s,2aa 584le
Increase 307,655 4i5ol
The decrease in loans was hardly expected, as
some OF the banks Were known to nave Increased
their line OF Government securities Others, appa-
TentIy, on the other hand, have been selling The
increase of specie in the face of the heavy export
OF the past month, Is quite q satisfactory indiea-
tion. II shows that notwthst tauding the high pre-.
MUM Oh coin. the banks not sellers and that
the gold which Is being exported neither from
!hem nor from their special depostors. They are
IN an unusaliy strong position for the Of the
year, aud after specie export OF Sl coo 600 il sx
months Tae deposits remain unusualiy steady !:
they WIZ probably increase again Us soon as Mr..
tnase begins TO Issue his ne" paper money.
There is no change in the money market Call loans
range, as for some days past, from S to per cent
Money is abundant enough, but many capitalists
seem inclined 10 wait day O. tTTo before dispcs.
ing of their means
o,I
ranged all the morning from 1874 to 1881; the last
quotation was 1874 n 1885,. Gold opened at ll5S
rose to lot, sold at ll6s in the afternoon and
closed II6s bid No cause Is assigned for the rapid
and Severe fluctuations in the precious metal
They ere probably the fruit of speculation
The Petersburg Elpress has received the New
York Tribune Of the lath Inst. The news il inter
estng, particularly that referring the state of al
fairs at Vicksburg on the I'd inst. We make the
following extracts:
THE COEFisCATioN BILL.
The Confscation bills after apparently a dead
lock, were suddenly resuscitatod yesterday by the
Conference Committee and re port was agreed
upon, made to the House, and passed that body by
vote OF % to 42-the Republicans almost without
exception voting for it, and the Democrats against
il. Three members from slave States yotsd YEA
The bill adopted is much stronger than any hereto
fore proposed 1t declares death for treason, and
the freedom of traitors slaves; or be shall be
imprisoned i've years, lined $1,000 and his estate
except slaves, shall be seized. Fer melting rebel
lion or giving it aid and comfort, forfeiture OF per-
sonal property, ten years in prison. SlO,0OG fine
and slaves set free. The President is authorized
Tor putting down the present rebellion, to seize the
property of all such persons and convey !ha pro-
ceeds TO tbs Government lie is to proclaim that if
in 10 days rebels do to allegiance their
property shall be forfeited Slaves OF persons en-
gagged in rebellion or who give cid and comfort
TO the rebels, that take efge in our lines shall be
held as captives Of war, and be forever free from
slavery. So also shall be all slaves deserted by
their masters, and coming under control of our
Government; ALSO all slaves found at places occu-
pied by our troops. No slaves escaping from one
State another State shall be delivered up except
for crime offence against the laws OF the
United States, until the claimant shall make oath
that he has not borne arms in the present rebellion
given aid comfort thereto. 30 person en-
gagged IN naval or military service shall decide on
the validity Of the claim, surrender such slaves
on pain of being dismissed from the service. The
Presidents authorized TO employ many persons of
african descent tor the suppression Of the rebellion as
mcp tbink fl. and nse Mon in such manner os he
nA deem best for the public aoefaye and he /, a,so
authorized to make provision for coIcnizing the
blacks beyond the limits Of the United States The
President is also TO extend TO prisoners pardon and
amnesty as he may deem expedieEt
The effort to stay the passage of this important
bill was very feeble; point of order from Mr.
Mallory, one from Mr.. Cox, both overruled and
motion to table il from Mr Allen, which got but 40
votes was all. 1t will doubtless pass the Senate at
once and ther the people will look to the Prasi
dent for its Vigorous enforcement.
GETTING UP ENTHUSIASM FOR THE WAR.
Another great rational Union meeting was an
rcunced for Tuesday last In New York The Tri
6uns, of Saturday, says
We print this morning call for great nationa,
meeting, to be held in this city on Tuesday after
noon next, in Uni.n square 1t Is quite safe TO as.
4t,ny,t will H.A INN,
people, not second even 10 that held in the same
place In April of last year, when New York sign
ned, at the fall Of Sumter, its preference for the
Constitution of the United States over that bastard
instrument framed by rebel conspirators at Mont
gomery. and whichthe traitor journal of this city
the Herald, had called upon the citizens of New
York to rally under and adopt.
We learn that a committee Of gentlemen have
gone to Washington to invite the President 10 be
present at this meeting on Tuesday. Should he
consent to do SO an influence will go out from II
that will eecsrfy the whole country to its remotes.
border, infuse q new spirit Into the people, and
crush again into silence the traitors who have lately
with or without disguise, dared to raise their heads
to conspire for the overthrow Of the Government
and the destruction of the Union.
A favorable answer TO the invitation Is looked for
from Mr.. Lincoln, and we understand that his fam
lily, who In town. remain here In expectation Of
his joining them here early In the wee
STATE az THE MARKETS.
Tnsre was fair degree of activity d, the Stock
Board, but Shares Were weak. This weakness in
Mail. with the decline In gold, gave downward
tendency to the market generally, and 1t timed
weak after the Board. AT the See9n(, Board the
Share market was again ye-y leavy, with decline
Of toll per :ess governments more steady at
lc21l02s. After the Second Board there was a
atronger feeling in the Share market and in Gold
The market for toreign bills has been very much
unsettled and quotations are difficult to give Some
Sterling drawers are asking l2S 1884, but sees OF
leading names have been made from seeond hands
at l27 1874 and good signatures have been passed
as low "a lyf: Al the close, the range was nomi-
nay l27 0l27a fr for first class drawers
THE sHINPLAsTER CURSE IN NEW ycRR
The resort to shinplasters is causing considera.
BILE excitement among our citizens. The people
desire something al change more tangible than the
mere superscripti0H OF men who to-day keepa a
restaurant and tomorrow may be out Of business
Hence It Is that the suggestion of using nostags
staInps made In the Tribune several days ago ap-
pears to be in favor. haker & Goodwin have pub.
iished great show-card, bearing this announce
meut
"Postexs Stamps are Received for Goods, and Girsn
az Change for Current Bills"
Judging from the sale which these cards have
had already, postage stamps may be expec,e5 to
be In circulation very extensively before many
dAys
In Philadelphia end boston, as well a. other
large cities and sowns the same trouble exists and
the iIaportancs Of having some uniform token OF
'tsmal change" and especially Federal token.
such a. the postage stamp, must commela .tssl.-
The copper cAlnage at the PhilaaelEhia Mint per
day IL e2 500 which II fay srani being adequate to
the demand fo- change. From every section Of
ths country there h an urgent call for pennies
y short time since only to be got rid OF at dis
count-in small and largo sums. In the present
emergency, postage stamps are always worth tho
money they cost. and shinnlsstsr dealers who re
fuse TO taks Uncle Sans image and superscriptiop
should hc disccuntenauced.