, 1863-04-22
FROM LATE SOUTHERN
MAILS

1GitcI Ill tiCDI!G -1G'fF{lSHf', lF01n E1El-
b!yille, Tenn, dated The 1st inst, makes the
following statement:
4ou will be concerned to hear of an affair
that trlnspirGd yesterday morning ut Tulla-
Loula, between Slnonls,'s Washington ArtiI-
lery and Ans'in's battalion Of SharpsAootcrs
all Louisian!ans. 1t began among a few Of
tic men, but, like most disturbances in camp,
grew ia dimensions until the entire force on
butE sides becainc engaged. It was IL regular
pitched battle ut last, in which the conl,lland
irG officers Joined md fought with despera-
tion. The artillerists were first driven hack;
the Shareholders perpered them in gallant
style, but In their turn lad to fall back before
Tie Eeayy shot Of the aztillerists; and SO,
across the ruad which separated the camps,
the battle ragged furiously for full hour
victory at last perching on the banner OF the
nrtil!er!sts. The commanding officers, Au5-
tin and 6locomb, received several severe
wounds, I learn; but were, at last accounts,
getting no better fast, the surgeons having
fIicd 10 provide sufficient quantities OF the
proper medicine.
MATTERS AT THE KANAwuA.
LgScnECHen, Aorday, Aprsl13
= special to the R.3oa1.ican, dated Salon,
18TH says:
Gen, jenkins expedition, with 4 small por-
ton of his command, in Western Viraini,,
Las been completely successful. The cleo
tlons and Spring Courts Of tie bogus Govern
ment in all the counties west of til. kanawha
River, we're broken W, and the enemy driven,
viii! loss, into the forlitications at Hurricane
Bridge: He proceeded thence to the Ka-
naWha River, and four miles below Winfield,
Tiddlcd two Government steamboats, which
were F1s sing. liz embarked at night in Hat.
boats, and foatcd down the kauaWh1, attack.
iug and capturing Point Pleasant the next
morning. He killed and captured number
olthe enemy, took 15o horses and destroyed
large amount Of stores. The enemy made
mott desperate efforts to cut off his rctre.t
from the Ohio River, but they were clud:l
ecd the command was e2tricattd in safety.
AFFAIRS On TIE YORK RIVER.
From tue Richmond Dispatch, l4t!1
4 gentleman from Gloucester county fur
nizhes us with soma particulars Of the wild
career the Yankees are leading there. Col.
Ggensha% il il command Of the forces ut
several dashes made on his pick=ts, has
threatened, en- their repetition, to burn every
house in tie ncigAborllood. 4 cavalry com
nand, called tic ''California Hundreds"
composed OF the scum Of the lowest classes
in the cities OF the United States, has been
destroying Us they go. The birn Of Doctor
Bird, with 700 barrels Of corn, and tlat Of
Nr. Patterson Smith, with 500 barrels, were
burnt by them. In both cases the carriages
Of the owncrs, with farming utensils, Sc,
were thrown into the flames. Dr.. Tab5's barn
Of tlc Yankees was that recently committed
al the house Of A1r. John Taliuitrro. A gun.
boat CAME up and lauded party, who pro-
ceeGed to the house, and, af:cr stealing What
they wanted, ripped up Brussels carpet
from the floor, 1ook it aboard tic ship, and
steamed oil.
The Yankees arc clearing ont the North
River oysters. There are about thirty New
Haven vessels lying in the river, taking car.
goes for the North.
p.,pIR CREDITs-TIfE CONFEDERATE DE37
[From the Richmond Examiner, April r5l
The people see md the Government feels
that it will 20 longer do to carry on the war
exclusively On paper credits. Tue system has
gone on Too long, and the interests at stake
our Resistance by further imitation Of the
credit system By tlc end of the present
ccmpaj:,n the Confederate debt viii hare
reached a Thousand million Of dollars. The
gfratest confidence exists in the popular mind,
that the count ~ can SUPPORT u debt of that
magnitude; but all equally strong conviction
prevails that if Increased much beyond that
amount, the whole will lie placed in peril.
When it was ascer:ained that tho war would
60 OF for IN indefinite period beyond the
present winter, there was natural feeling Of
lie debt and that feeling was visibly demon
rueGia;cly ensucd. But the SECOND thought Of
tie country is beginning to correct this dis
trust Of tile currency. The people have con
cluacd, and concluded wisely, that other
1ncans Of carrying on the war exist besides
that Of Issuing paper credits. The war has
gone On up to this time without touching that
great rcsoErcc OF 4 wealthy community, tax
alton. The Government has called IN tic
people for absolutely nothing in support Of
pie lave gra.ni:ously given much; but they
hare been called IN By the authorities for no
portion Of their substance.
The war has reached stage, and the issues
ct government paper have attained Q volume,
that forbids the continuance Of system OF
flllancc exclusively speculative. The South
c5D support the war wholly by taxation and
Tile past system Of finance will soon he sub
FtitUtcd by another, the leading principle Of
which will be to support tic war By 1cyies Of
taxes approxi.nating in amount The current
expenditure.
Ii thu moment when this system assumes
the for7n Of legal enactment, healthy revo-
luton will take place in the condition OF the
currency. Contidsnce will be inspired in the
treasury issues: They will be sought for
with avidity. The new use will be discovered
for them, namely, thy viii be available for
the payment Of taXes. If tic annual taxes Of
every name be three or four hundred millions
in amount, the effect Of this new application
of treasury notes will be to remove that
amount Of them from circulation during the
EEole period during which they remain in
custody Of the collecting, dcpositary, and
Disturbing officers Of the Government. At
(! the same time that this cllr.aiElnent Of tho
| currency is grinE OH, Investments Of treasury
| notes in government bonds will take 4 new
! impetus BY the confidence, thus inluscl, in
| The solvcncy Of government credits.
Fer these reasons We louk for IN early and
| great change in the value Of goycrnmcnt cur
| fency. The gove:nmen, cannot afford, nor
| can the country, to let It 20 to depreciation.
It will not have reached by the end Of the
! present campaign IN amount that will cndan-
ger its solycncT, even if the credit system bo
| postponed until that period. Ecyona that
| period, the government is de* crmined and the
| people are wiling to support the war by con-
trihutions approxitnatint5 the public exrendi.
| lures.