The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-06-27
Is eBoI Evidence of tho Worthless
ness of AkebeI Money.

ness OF AkeDGl money.
When the rebel steamer Calypso was
captured by the United Steamer Florida,
while on her way from Nassau to a port
in North Carolina, rebel mailbag was
found on board, from which the follow
ing curious letters were taken:
A GEORGIA MERCHANT To HIS PARTNERS.
NASSAU, June Z.
"Dear Brother: = = IfIam not
mistaken some of the blockade Runners
will lose pile of money, as Conf derate
money is becoming at such discount
they cannot get price enough on the goods
to pay the difference OF exchange, as all
goods have to be paid in gold or sterl-
ing exchange, and all freights prepaid,
and then take all chances of getting them
through, besides paying duties on them
at Charleston. Some of the blockade
men here think The next steamer from
Dixie will bring bad news, and there
will be q much greater discount on Com
federate money-say seven or eight
hundred dollars for one hundred IN gold,
and my opinion is it will soon be worth
less. Yesterday bought here Nassau
i've hundred dollars in Confederate
money al four cents on tie dollar, and some
was sold here for even greater discount.
So you can see what-the people here
think of Dixie money, and in fact no
one here will take it at any price for
goods or for freight money; and if Ihad
a million Of gold dollars would not
invest one dollar here and take the
chances of getting through and take
Confederate money.
IF you have any Confederate money
on hand when you receive this, get clear
Of II on the best terms you possibly can,
and in future do not take any more Con-
federate money, only at what you can
sell it for gold, and turn it into gold as
soon as you receive it, The best invest
ment Of Confederate money is good ster-
ling exchange, the nextis gold or silver,
and the next is cotton, for sooner on later
/ am confident Confederate money seiH not be
loOTh The paper 10 as made on, although l
may be mistaken.
"Yours truly, j, b. JAoUEs.
"Messrs. j. B. Jaques & Bros, Column
bus, Ga"
This is tho testimony Of rebel mer
chant whose exodus from the South
seems to have opened his eyes to the
hopelessness OF the rebellion. Accord
ing to his statement, Confederate money
Is already at such fearful discount that
the English merchants of Nassau, favora
BILE as they are TO the rebels, refuse "a
have any thing to do with il; while, &C
cording TO the following letter, Confeder-
ate bonds are still more unsavOry in their
nostrils;
A RICHMOND AGENTS TESTIMONY.
NASSAU, June 3, 1868.
William Z. Simoas, Richmond, Va:
"Dear Friend: | have moi
been able TO find sale of the bonds
though there has been sales heretofore
bit no,O no one seems ready TO buy. / could
sell at forty-iive cents, but an not will
ling TO sell at that figure. | have con
cluded TO deposit them in a house here
TO be disposed Of at q fair price, and
proceeR nigsclf 10 NeV York, as we talked
of before my departure from Richmond
Until my return / shall not be able d
make any shipment TO you. Probably
intended to buy goods in New York.
1.-THE feeling here by residents seem,
60 be in favor Of the South, but do no
think il exists any further than dollars
ard cents are concerned. They are al
making money out OF the war, and dc
not care, ia my opinion how long it may
last. AS 10 England herself from whS
j can see and hear she is in favor Of thl
South, on account Of the gallanlry show
by southern soldiers, and would be vii
ling to recognize her, providing she tOoud
enanapate her SLAVES, which can never b.
done.
"Yours very truly,
Henry W0oDARD."