Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1863-01-30
Mr. Memminger @ Mr. MaNorg.

CoNFEDERATE STATES OF AMERICA
TREASURY DEPARTMENT, RICHMOND, Oct. 80, 1862.
SIR: / approve tho suggestion made by you o max
ing your contract for building ironelad vessels in
Europe conform the arrangements Of the cotton
tfcates sent 70 the Hon. J. n. Mason. enclose form
Of each of these certificates. Upon the meeting Of
Congress appropriation must he made TO meet your
contracts, and the terms then be altered to
conform the mode Of payment to the cotton certificates
fixing price for the cotton and providing for the de-
livery any port upon adding the charges of transpor.
tation Tho only limit Of these combined operations
viii be The quantity Of cotton which the government
can purchase, which hope will be found ample
Respectfully, your ooedient servant
@ &. MEAfaINGRR,
Secretary Of the Treasury.
lThs Cotton Certificates inelosed in the foregoing
letter are the as those printed abovel
Mr. MqHOry to Mr.. Mason.
CONFEDERATE STATES OF AMERICA
NAVY DEPARTMENT, TcHmoND, Oct. so, 1852
Hon James Nj Mason, Commissioner of the Confederste
States Ia Great Britain, London:
SIR; Mr. Sanders has as you are aware, contracted
with this department for the construction in England Of
iron clad steamers, combining the capacities Of the
reishtng and fighting ships manner which viii en-
able them to force the blockade Of ports
The interest Of the country viii be much benefited
by The prompt construction Of hese vessels and beg
leave TO invoke your interest not only in behalf Of
erterIrises in r,rogress but in bebslf of this also
The Secretary Of the Treasury has this day addressed
a note upon the subject Of the cotton be dev-
cred in liquidation of these contracts and enclose here
vita q copy.
have the honor TO be very respectfully your obedient
Secretary Of the Navy.
duplicate.
TREASURY DEPARTMENT @. s. A,
Richmond, October 81, 1862. 5
Messrs, Fraser. Trenholm & Co. Liverpool. G. B.;
GEsuEMEs The inelosed letter to Mr. james
Spencs you for your guidance and considers
ton, Respectfully, your obedient servant
O. G. MEMMINGER.
Secretary Of the Treasury.
Mr. MemHingsr to Mr. Spence.
lDuPleate.
TREASURY DEPARTMENT .. ;, a.,
RICHMOND, October 2l lsbS )
James Spence, Esq, Liverpool, G. b
SIR a. you have been appointed financial agent toF
the Confederate States and Messrs Frazier lrenhoi
& Co, are It's deposaries undsr law desire t1at
you would confer together the mater submitted 9y
This letter
I have on hand gold and silver coin, tehieiy tne
formsr) two and half millions Of hich dsaifs =
apply Ia payment Of articles purchased IN Eneiua oy
agsns for tie Of the Confederate
We find it impossible to purchase sufficient aaoua- q
exchange for these purposes and the small amount 20
be had IS at such high stes that would be desirable 70
J furnish a subsiitute I propose 20 make pa3hsh. 4or
pu chases by transfer to the creditor q 80 iaueh el
this coin cay be requisite. presume thas = nsu -f
coin becomes bona dde the property oi Beliish
subsci that the British goyernmeH! would g hs y.
saece, permit any OF Us vessels 70 efis yer e ns
for hn Ii this expectation De realized me CON nsre
would be as valusble exchange and N england
would probably realize its mint value less treisnt ano
insurance.
To enable you 10 carry ont any srrsngenen you
may deem advisable Messrz Fraser Trenholm q 20