Daily Nashville union. [volume] (Nashville, Tenn.) 1862-1862, 1862-05-29
NEwpERN. N. o.. May II. ls62.


A flag Of truce came 10 yesterday from
Raleigh, With abropositiou to release and
deliver over TO Gen. Burnside the Uoion
prisoners Ia this State, excepting connie
Fioned officers. This doubtless means all the
Union prisoners captured by the North
Carolina troops and those sent here from
other rebellious States, The number Of which,
1t is understood. amounts TO about 600 In
fact, all OF the Union pris0ners captured by
the traitors siuee the rebellion broke out are
now believe, in North Carolina, excepting
Of course those few that have been already
exchanged, and those recently captured al
the battle of Pitsburo Landing, and for all
know The latter may be 10 Salisbury BY
this time.
This voluntary proposition on the part Of
Gov. Clark and the authorities Of this State
is rather ominous to say the least Itwould
seem that the old North State either desires
to smoke the pipe Of peace by thus making
this handsome overture, or that provisions
have become so scarce recently on account
OF heir communications having been cut oil.
as to oblipe them to make this surrender.
Doubtless both of these reasons will apply.
| am charitable enough to believe, however
that the former ia the most probable. Events
at Raleigh indicate that the Stale authorities
and the friends OF the UniOi are about to
co operate. The emphatic snub given to
jeff Davis by Gov. Clark, backed up by the
State Convention, foreshadows q new order
OF things 10 North Carolina
Gen. Burnside is very ;avorsbly disposed
toward the Old North State as also il the
Federal Government and the people Of the
North generally, wSo recognize the citizens
-S this State as a people more honestly
straightforward than The inhabitants of any
other Southern State. They always pay
their d. bts, and were never known TO repu-
date. While in Washington, n. O., tue
other day, l made it duty to inquire into
the financial condition OF the State, and
especially to the feelings of the merchants
toward their creditors in the North. ! was
exceedingly gratifed to learn the condition
of the merl HAMS OF this State, as a general
thing, is far more favorable than could be
expected. In fact, 1 am credibly informed
that a large majority of them will
be able to secure their Northern creditors
hs soon as North Carolina abrogates the
Ordinance Of Secessi0n-a step that will
doubtless be realized before the 4th of July
next.
Many CT these merchants already have
the gold aud Northern money boarded up
for the purpose of squariog their accounts,
which they will do at the earliest opportuni-
~. / am informed that at least half of them
are 80 situated, while the remainder will be
able to give good security and so on with
their affairs as before. As general thing
the merchants Of this State cherish nothing
but the kindest feelings toward their old
friends in the North, with whom they have
| dealt 60 long, and it is their earnest desire
to resume business and renew their former
acquaintance with those who have heretofore
4 it.f IN
Strange as it may appear, this feeling
with fe exceptions, is shared by both loyal
| aud disloyal merchants alike. One OF the
most extensive business men ia this State.
| we'll known to Blackwell j. Co., OF New
! York with whom he has dealt very largely,
| for the past twenty years, says that very
| few bad debts will be found in North Caro-
! lima. This gentleman, although opposed TO
| Secession, IL nevertheless, a stiff States
| Rights man, and ''beieves in following the
| fortunes Of his State" He says that not
outstanding the ConfederStes have destroy
ed over 100000 OF his property to prevent
| it falling in Federal hands, be will be able
| to pay all his debts after the next crop.
took ride over his extensive plantation
the other day, embracing some 5000 acres
CT rich land, the most OF which is planted
with cotton and promises an abundant
yield.
The financial condition Of the State is not
| bad. North Carolina has only taken ave
million dollars worth OF stock in the spurl-
Gus concern Of Secession, and only three
| hfths of the amount, believe, has been is
sued, and that in scrip, the legality Of which
| has already been questioned by the Supreme
Court In fact The Convention that passed
| the ordinance authorizing the issue Of these
| shnplastsrs had some mlsgiyilgs about the
| propriety Of allowing a mark 30 black 70
| remain among the archives OF the State, as
I you will rec by the significant clause APP
| pended to the act, which says, "that this or
/ dinance may be repealed or modified by The
| General Assembly, but so as not TO affect
any transaction or right vested under the
same previous to such modification or re-
| peal Another significant clause appears
| In this ordinance which shows bow much
confidence North Carolina has had ia the go
| 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"
| In order to obtain a substitute Tor specie,
| the ordinance makes it 1.-The duty OF The
| Treasurer 10 issue 81 600 600 in small de
nominations 70 wit: $500, 600 in the demon
! inatiou of 81. $400 600 ia the denomination
| OF 81, Sl0O 600 ia Tue denomination Of 90
| cents 500 600 ia the denomination OF 20
| ceuts, S25 900 in the denomination OF 70
cents aud S25 600 IN the denomination OF
10 cents, payable On the LIST day Of Jsnua-
| ry 1866, TO be used IN liquidation OF auy
| claims against the State to persons VhHag 10
| recaue Che Italics are my own ;he same
but not 10 be funded "a hs bonds Of he Sue
This shows bow cautiously N0rtu Carolina
has managed her financial affairs all through
these dirk stormy days bi secsssoni and with
/ Jealous ey she bias watched her lutefes
! and guarded against the necessity a future
| repuli8tiJu. Oue OF the leadIug citizens OF
/ ihis State remarked 60 ms the day that the
m - chan. Ia "a -! street, fayias such Aisa
| prices for North Carolina socks, HAD con.
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