Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1863-03-18
State Treasury Notes.

We alluded in our last to the violent and unjusti-
fable manner in which Mr.. Treasurer Worth has
been aSsailed by the Raleigh Register, because he
refuses to discriminate between public creditors in
paying out money. The money in the Treasury at
this time is almost exclusively Confederate. The
small amount Of Treasury notes fundable lmmedi-
ately, which the Treasurer is authorized to reissue,
are eagerly sought for because they bfing premi-
um of 8 per cent. in the market The Treasurer is
not now, and is not expected soon to be under the
necessity of raising money by thesale Of State bonds
or fundable Treasury notes and consequently, We
learn, no more bonds Treasury notes fundable at
the pleasure of the holder, will be issued until the
necessities Of the Treasury shall require it. The
limit fixed by law on the issue and rel issue of these
Treasury notes, fundsble Immediately, has been
nearly reached. The amount of these, which may
be lawfully re-issued, is not equal to one-haf the
coupons or State bonds now due =.
The Treasurer having no right to discriminate
between the merits of different claims, and not hav-
ing enough of this currency to pay al of those hold
ing coupons or to pay one fourth of the amount due
70 soldiers for State bounty, has very properly de-
ternned for the present to pay all 10 the same cur
rency, to wit Confederate notes. When the Treas
ury notes of the denominations of IS and upwards
authorized to be issued by the last General Assem-
bly, shall be received from the printers and made
ready for ISSUE they will be paid out to all claimants
onthe Treasury who may prefer them, as long as
they last; but the Treasurer, we learn, does not
contemplate exchanging them for other currency,
excepting with soldiers their families within the
enemy's lines. We learn that the Treasury notes
of the denominations of 50 and under, intended for
change are now daily looked for from the printers
and as soon as. received they will be- sent to the
Banks al over the State, to be signed numbered
and clipped, by Clerks appointed for the purpose
Persons wanting change will, therefore, apply 4,
the Banks, and not to the Treasury department.
We are requested to state, that to c:,abie the
County Commissioners, appointed in pursuance of
the act appropriating one million If dollars " for 1e
relief of the wives and families of soldiers in the
. army" to know the amoEnt due to each County,
and how to obtain it :ae Treasurer has transmitted
to thepostof6ce cs each County seat draft similar
to those ISSUED by the Comptroller in favor Of the
Chairman of the Board of Superintendents of Com
mon Schools. These are addressed in each case to
''The County Commissioners" .s
When dr. Worth came into Office he found the
Treasury much depleted By energy and perseper-
ance he has rcplenished it. and he now has in hand
a Considerable amount consisting mainly of Confed-
crate Aotes He receives these notes freely, and
pays them out freely; and because be does this,
and thereby sustains Confederate credit and refuses
to discriminate between State creditors, he is de-
nounced and viiliHed by paper in this City the
Regier) which rs in the interest Of at least one Of
the Banks-and the Banks it is we'll known, have
been pursuing for some time the very course adopt
ed by Mr. Worth. But the fact that the Reg.
iste'' assas Mr. Worth is one of the best evidences
that be is performing his duty