New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-05-22
step tlst viii doubtless be realized before the 4th of

July next
Many of these merchants already have the gold
aud Northern money boarded MP fer The purpose OF
squaiDg tier accounts, which they will DO ~ TIE
e.rhest opportunity. i am iniJraed that al r.isi
bali Of them are % situated, while the remainder
VIII he rhlc 10 give good secGri'y aud 60 on win
their affairs as before. As general thing the MFR
chants Of this State cherish nothing but TIE kuc,st
feelings toward their old friends III the North, WITH
whom they have dealt 70 long, and it ID Their earnest
de,ire TO resume business and renew their former
acquaintance with those who have heretofore placed
much corfdenc, Ill then integrity.
Strange NJ it may appear, tine feeling, WIN lew
exceptions, is shared by both loyal and disloyal
merchants alike One of the most extern
sve businessmen IN this State, well known
TO Blackwell g. Co., Of New-fork, WIN
whom he has dealt very largely, for the pas,
% years. SAYS that very few bad debts will lie found
in North Carohoa. This gentleman, aitoongh OPP
posed to Secession, is, nevertheless, stI States
Right man. and believes in following the fortunes
of his State" He says that notwithstanding The
COnfederates have destroyed over $5oo,oov OF 1is
property To prevent it from falling III Federal handr,
he will be able TO pay all his cebs after the next
crop. took ride over his extensive plantation
the other day, embracing some 600 acres OF nc1
land, the most OF which is planted Win cotton ana
promises an abundant yield.
The financial condition of the State Is not bad.
North Carolina has only taken five nnllioh dollars
worth of stock in the spurious concern OF Secession
and only three-ffihs Of that amount, believe, hbs
been issued and that In scrip, the legality OF which
has already been questioned by the supreme Court.
In fact, the Convention that passed tie ordinance
authorizing the Issue Of these shinpasers, had some
misgi, ings about the proprety of allowing mark
60 Jack TO remain among the archives OF the state
as YOU will by the significant clause appended 10
the net, which says that this ordinance may DC re-
pealed or modified by the General Assembly but 80
not to affect any transaction or vested under
the same previous TO such modification or repeal
Another significant clause appears III tine ordinance
which shows how much confidence North Carolina
has had in the 80 called Southern Coniederacy, as
follows: That the Treasury notes issued " pay
tue Confederate tax shall not he used 10 pay the
debts Of the State"
In order to obtain substitute for specie, the ordi-
nance makes it the % duty of the Treasurer to issue
81, 000, 900 in small denominations to wit: 100000
in the denomination of 81 $iOO, 0O In the denomina-
$50, coo in the denomination of % cents, ~, 900
IN the denomination OF ~ cents, and $%J,OV0
in the denomination Of 10 cents, payable on the LIST
day of January, 1866, to be used in liquidation OF
any claims sganst the State TO persons pA'ng to re-
the italics are my own the same, out not TO De
funded IN the bonds Of the State"
| This shows how cautiously North Carolina has
managed her financial affairs all through these DARK
and stormy days of secession; and with jealous
eye she has watched her interest, and guarded
a. sinst the necessity of future reputation. One OF
the leading citizens of this State remarked TO the
other day that the merchants Wall street. paying
such high prices for North Carolina stocks, had con-
trbuted much toward aiding this State IN her reso
luton not TO iDjure her good financial name. 1t
made the Old North State proud 10 See that her
stocks, during the darkest days Of the Rebellion,
stood higher in New-York than those Of any other
Southern State. Rest assured she will never dishoEor
any of her obligations i'll any particular.
| Were it prudent i might mention the names OF
many merchants in the interior who have the cash
on hand ready to hand over to their Northern
creditors as soon an opportunity oilers.
Que gentleman in this city, +. ID. Jones, who has
tofore been engaged III the fish ac king business
veIy extensively, and whose bills for Irvine, ropes
salt, &c. amounted 10 large suDs, has, learn, in
formed he Northern creditors that their money Is
now ready for them, and that he will resume busi-
ness again.
Seven regiments Of North Carolina troops have re-
Gently dsbanded among which is the llth, that was
engaged IN the Bethel battle, and many more aye on
the eve Of doing the same thing. In fact all the
troops of this state are completely demoralized, aud
have my doubts whether any respectable number
could be Induced 10 make stand against the Union
forces 30 much are they discouraged and 50 little In
terest DO they take in Secession.
DID.
At Craven street Hospital. Eewbern. G.. May 1852
Edwsfd T. Laurens private In Company Marine AItl'ry
under Col W. A Howard Ofyphoid fever after an Illness Of
Also Al the ZANE place, May a. 1907, William slauery,
private IN Company Of the corps Of dIsSy Atei an
illness OF eighteen days.
They were followed their graves In Newborn Cemetery
by their and the officers OF the corps sud buried
with appropriate ceremonies and The honon oil war