The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1863-01-24
Ar Mallory to Ne Mason.
CosrEDxAArE Srarss OF AmsNIcA,)
NAvY DkrAaTMsnr.
4

NAvY DArAaTMgNr.
Richruord, Oct. 80, 1862
Hon JaSrs n Mason, Commissioners Of the
Confederate states 20 Great Britain, Lon.
Sir-Mr. Sanders has, ss< you arc ware,
contacted WITH this Department for the con.
etrucsion In England Of SIX iron-clad ax xamers,
combinins tho capacities of the frsightsng and
fighting ships in Il manner which will enable
them 10 force the blockade OF Cur ports.
The interest OF the country will be much
beneHtsed by the prompt construction of these
vessels; ard beg leave 10 invoke your inter
est not only in behalf OF our enterprises III :
reajy IN progress, bat in behalf of this aiso,
The Secretary Of the Treasury has this day
addressed to ,ne y note upon the sul sct osthe
cotton to be delivered in iiquids ion of these
contracts, and I enclose herewith copy.
have the homer to be, very respectfully,
your Didn't ssrv't, s r. MALLoRY,
Secretary Of the Nary.
.. [Dsnl;ca.e
Treasury DEPARTMENT, G.. s. A.,
Richmond, Oct 2t, 1862.
lMessrs. Fraser, 1YeaAolns 4' Co, Liverpool.
Gen.iemsu-.The easlossd Litter to Mr.. Jss.
Spence 10 sent tu goa for your gaidsncs and
consideration Kssp'y. your ceat serv't,
s G. G.. MExMISaEg,
Escrsssayy Of iss Tr>sesry.
Mr.. Mema,:xger to NJ. Spence.
tDup!icate
CONFEDERATE STATES OF AMERICA.
TREASURY DEPARTMENT,
Rihmond, October 2Ist, 1862
yc.aes Spence, Esq, Liverpool, q b:
Sif-hs you have been arp ointed financial
agent for the Confederate Stases, and Messss.
Fraser. IrenhoIm 81 Co. are i,s depositsries
under our law, des re that yen would confer
together on the matter submitted by this letter.
! have on hand goli and silver coin, Chiefly
eshe former,) two aud half millions OF which
desire TO apply in payment Of articles pur-
chased in England by our agents fos the use
Of the Confederate Government We tinc Il
impossible 80 purchase sufficient amount of
exchange for tbese pu poses, and the email
amount TO he had is at su III high rates THAI it
would be desirable to furnish substitute. /
propose 10 make payment for purchases by u
transfer to the creditor OF so much Of tais co n
Is may lie requisite. l presume tEat when
The coin thus becc mes bona nde the properly
Of & British subject, that the British 4overn-
ne ut would, at hi5 instance, permit any of It's
vessels 10 hr.ng over the came for him If
this expectation DO realized ths coiu here
would be as valuable as exchange, and in
EngiSud would probabiy realize lis mint value,
.ess t, eis ht and insurance.
To enable you Go carry out any arrange
Eaeuts sou may deem advisable, Messrs Fra
ssr, Trenholm & CO. are authorized to uaks
IN absolute transf Of the coin, or to draw
bill. for the sane on Z. G. Elnors, Esq, Trea-
sare-, payable here, and q copy OK th:s letter
IL ssnt t. each OF you, that you may act in
ccacert, and give us sne bensas Of yoar united
council
1 am -emitting, by opportunities SO they 90
cur, the bonds CT tbs Confederate States, tbs
proceeds OF which, when sold, sre iLteaGes TO
oe applied 20 the contracts Of wAieh yea hsvs
been advised
Respectfully. your ohediept servant,
c. Il. MeMAiaGEE,
Secretary OF tie Treasury.
lNr. M.asmssaysr to Mcss-s. Fraser, Trenholne
d, Co.
[Dapiicste.
TREASURY DsPAEIK KEsv, C s. A.,
Richmond, O;s. "a 1862 {
lessrs. Fraser, I'remholas & Co, Liverpool,
G. b:
Dear sirs-Your letter Of July 2ist is Just
recsived, advising sales per kacro;p;ss, aud
balances ~ tie credit OF the Cc..ederate
Ssatepof II i1f i9s. lid, and E:jzZ Is. Sd. All
these credits, with al other re,uietances from
this Department, you will place 70 the credit
OF The treasurer OF the Confederate States,
ssbect to his draft. The course Of business
at tne Treasury ls &c draw on tie depos:tariea
in favor cs thi.d parties. When these parties
are creditors, The payment ct them beiog
vouched, ends the matter. When the third
party is merely a di .bursing officer of the Gov
ernment, the effect OF the Treasurers drs:t on
the depositary Is TO transfer ths amount to the
creGit of the disEGrsing citcsr, on which he
may check Ut pleasure, ne having 20 account
al the Treasury for the whole amount
so, toe, " Lsn lille Of exchange, or any other
reHai.,ances, are sorwsrded TO you by the SEQ
retsry OF the Navy or of War, they are nos TO
be credited to the iIeasul er, but to the ohicess
di .ected to such Secretaries, and your account
must be rendered rc them, aud not to this De-
partment.
AT tho suggestion OF cur 5Enistsr in EGG.
Ian; propose to issue cotton certificates OF
which send you specimen. When Counter
a:xlei by ain he viii deliver them to you to
receive the noney TO be pail for them. You
will take care that 'he GATE IN the endorse
men, corresponds vi the date of receiving
sns money. TIE proceeds will be- Deposited
70 the cIecis of the Tfea surer, aad it is impor-
tant that should BE- advised of any sales al.
pr ,snptiy as possible.
In regard TO the payment of the ESQ 00o
mentioned IN your letter OF July 2ist, 10 Cap.
tain Caleb Hase, AZ. una5ie to sp3ak dei
nitely rntii can get sundry details, OF which
/ win aavise you IL another iotter.
Kaspec:fniiy, your obs serv,t,
u. VI. u nAsaAtNdESs
Secretary Of the Treasury.
Agr. Neu.ssin8er to Msssrs. Fraser, Trenaolm
+ 60.
TREAsuRY DEPARTMENT, G. S. s.,
Richmond, Oct. y, 1902.
liiessys Fraser, T,smjtsta j. Co., Liverpool,
g. t.:
Dear Sirs-You viii please extend credit
to 81 .i,T j. B. Fersu son 70 the extent OF nye
hundred thousand dollars, and give hin any
.ssistanGs in your power 10 make his pur.
ohases ter tae Cunfelarato States.
nave already informed you and Mr.. Spence
that have on hand two and u halt miiiioas
VI deiiara in coin, upon which drafts can be
made, Or which you are authorized to transfer
10 ally parties VINO may furnish the means 20
u AXE our purchases. This tanc, or amy
am ,unts which may be realized upon cur
bonds will, trust, enaoie yoa TO meet the
ere lit ler-in extended to @sjor Ferguson, ia
aaoi ion to that heretofore given. Respect
fully, your o5d't ssrv't,
C. G. u sMMINaER,
Secretary Of the Treasury.
Mr.. St .Joh. TO Mr.. SmiI.
CosggDEkArE SrArEs OF AmERIcA,>
War u. pit, Ni:re and VI iliny 3 lreau