The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-06-12
drive back the foo shield the state the women and
children from the drelu fate OF invasion aud subus
from the Memphis Daily A, peal, May III

manly dep sary for this city, that uplto that time there
people of other localities have funded equally largely
II not more than in Atlanta. If much 500 900,
600 have been funded 1t will very sensby affect the cur
rency for good
The and main thing however is tho prospect Of
the final passage Of the Tax bill by Congress; mean
the bill 70 tax agricultural products In kind well as
real estate and all other property certain rate to be paid
In money. If this tax bill becomes law-of which we
have no dOub-t will work che grandest financial
of any legislative that adopted. 1t will
stop the issue OF al Treasury notes for any purpose
unless Il be 70 build navy win provision and forage
be paid IN money will pay the interest the public debt
and all the other ordinary expenses Of the government
without going farther in debt, without issuing any
notes, then Confederate credit will 60 up high and no
man viii doubt either ANAL success or our ability
giving remedy that tnges with nvgoratng power in the
ends Of 1.-THE the fingers Of the body polite ,,
GENERAL PENBERToN's EFFICIENCY DISCUSSED.
The greatest appfehensons caused BY the universal
n be
Gus there can be no doubt That his air. bearing and
prompt address are military s unmstakabe That he s
moral frmness would be idle 70 say that there not
the gravest misgivngs He has the reputation Of strict
discpfnaran and OF being devoted to his profession Az
executive officer simply he would do we'll In tho field,
under orders OF such Lee Johnston and Beaure
gard and not in too high position, he would probably
be very useful But the verdict country is that he
is narrow and vacllang, and unfit for any such mpor
tan posts as vcksbug and Charleston After the ratu
abandonment Of the Stone river-hus inviting an
attack on Charestonhe officially advised the dismanting
and destruction Of all the forts In the harbor Charleston
was saved BY the decided and emphatic dsapprova OF
this extraordinary Recommendation by General Lee and
the President and by the heroic conduct Of the feeble and
exhausted force left at Secessonve Yet the author Of
such proposition who not Secessionvie upon
removal from Charleston promoted and put in charge
Of vcksburg, instead OF in the field under Lee,
peced Johnston may retrieve Pembertons asserted
but the fear is here that he reached Vcksburg
late to be able to make the needrul repairs He in
Montgomery last Sunday Grant Is able and persistent
There grounds for apprehension.
A DEFENCE OF THE PEOPLE OF CHARLESTON.
from the Charleston Mercury
We see from the newspapers in various quarters ndCa
lions Of with the people OF Charleston
consequence Of the foreign commerce carried on by her
merchants The running Of the bockade-expOrting COT
ton and importing goods-is regarded unpatrotic and
injurious the interests Of the conederacy BY this
to enforce the laws Of nations touching blocads-wth
necessity which, If kept from her. will at least make her
feel power and her dependency 1t is said to be even
worse than this. We supply enemy with cotton and
many goods in return; for who in the Conede
rate states control the trade at Nassau and deter
mine that the Yankees shall not purchase our cotton
when sold there, or return US their goods in payment
therefor
The State Of Georgia. doubtless actuated by such rea.
SOUS has taken action upon the subject aud find in
the proceedings OF the Senate in Congress the following
statement =
Mr. johnson, Of Georgia presented preamble and
the passage law to prevent the running q the blockade
either by land water during the Of the present
troll and for the exclusive benefit the Of the
Now, we beg leave to submit few facts upon this
subject The people Of Charleston at the opening OF this
war were as much opposed ~ the expectation OF our
great staples to foreign nations any people in the
federacy Indeed, they exhibited their opposition In
way that believe other people in the conederacy
manifested They objected to permit ship loaded with
cotton to leave her BERTH and induced her
load, until 1t became distinctly understood that the
Messrs. John Fraser Co. intended to send all their
cotton to Liverpool and to import regularly and heavily
for the government, arms powder, saltpetre, ammu.
milton, medicines, soldiers shoes, Cloths &C. only
petng their return with other goods. To this
day these gentlemen have followed strictly their
ton, and their blockade running has been Of immense
service to the OF the South But to this day the
has put no limit OF restrictions 70 exporting
other parties have not been 50 particular and some car
goes, entirely Of assorted goods, have come in
10 is known that the matter considered 10 the Pro-
visonai Congress- and that that Congress- and every
other Congress which has sat- has refused to prohibit IT,
Committee on Foreign Affairs distinctly prohibiting the
expectation Of cotton, tobacco naval stores and other
commodities for private purposes. The government and
the adherents the that Congress opposed
It, and defeated the effort to take up and consider It,
When the Executive Council q South Carolina undertook 70
prohibit the expectation Of cotton from the ports Of South
Carolina the Secretary OF the Treasury promptly inter-
posed denounced the act unconstitutional because
Congress had the "power to regulate commerce."
whether the action Of the Council within their legal
competency will not now consider; but we do not
hesitate affirm that the State OF south Carolina put
upon her citizens any penalty she peaes for conraven
ing any policy within her limits she deems Injurious to
her liberties or safety the opinion Of the Secretary Of the
Treasury TO the contrary Notwithstanding The Council
repealed their order ana nothing has been done 10 Con-
gress to regulate or prohibit this trade.
The cotton trade In Yankee goods across the Rio
Grande IN Texas prohibited by military
authority. We informed that General Magruder oh
tanned instructions from Richmond to repeal the prohi
biton Consequently great business Is going on steadily
there
How them stands the natter II is the Of the
ederacy that cotton shall be exported and goods English
Yankee dd shall be imported into the ports Of
the Confederate states This law embodies the policy u
the administration and OF the majority IN the Congress OF
the Confederate States The people OF Charleston have
been opposed to and of their REPRESENTATIVES have
strvcn in vain u Congress to alter it, They have failed
in their opposition The fixed policy Of the government
the expectation OF everything, and the Importation OF
everything.
the administration Of the government, and the majority
Congress who support the administration IN adopting
this policy Why do not those who disapprove OF turn
on the administration, or on their representatives IN
Congress who ordain iU Why assail the people OF
the policy OF the government, distinctly declared in
Quoting the war; Let Congress overthrow this policy
and nowhere in the Confederate states viii there
be prompt and cordial submission 10 Its be-
hcsts than in the city OF Charleston Our views
Of unregulaed blockade running in our great agricultural
productions during the are known. II IL Ia the pre-
vailng notion which possesses the country TO support
whatever policy seems good 70 the President
and without criticism approve his direction OF the
gative power Of the country then let all now endoese
and sustain much expectation Of cotton and as much
importation Of goods as can be carried on At any rate
LIT not Charleston the merchants Of Charleston be
made the scapegoats OF sins according with the mpaca
bic policy Of the government.
the Of the exportains Of cotton we have
Obtained from Charleston Custom House the following
figures, in round numbers
Bales of cotton exported Ia the year 1862. 900
Bales OF cotton exported first quarter OF 1858. $500
We are also told that a the steamers running the
blockade at this port have willingly agreed, las, TO
import for the government third VI each return
cargo
The proportion OF cotton going TO Liverpool and that
sold at Nassau we have not ascerained But many Of
the purchases Of goods made al Nassau paid for In
sterling exchange.
The Southern Wheat Crops.
TEXAS.
The prospects, for the wheat crop In this region were
never better. We regard tho wheat as now safe beyond
possibility Of doubt lhe only we have Is that
labor will be too scarce when the harvest 10 take
care of the crop. In view OF this IL Is important that