Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1863-03-06

Administration the Raleigh State Journal we
copy the following sentences ION u long editorial
article:
THE North Carolina Treasury turned into a
Brokers' SkoY.-LSst week the Public Treasurer,
Mr.. Jonathan Worth, was engaged in peddling "
Z. Treasury notes at premium vi five per cent iIr
Confederate currency! BY what authority is this
done? Vino authorized this petty peddng trans
action with the States funds What does il mean !?
What the Public Treasurer Of the State of North.
Carolina engaged in Deliberate systematic scheme
of depreciaIng Confederate currency! and at a
time when every effort of thu Government and Of
every patriot is directed 10 Ghe mems hriuAinU
that currency up 10 something upprOXimating fair
standard of value
I've have No hesitation in denouncing Il as
diSgraceful act and calculated TO bring shame
upon the State and greater distress upon the suffer
ing people. IL Is small business that it will he
looked upon by sister States with loathlng and
contempt"
THIS explosion. Of rirtuOus Indignation will Ger
tainly the Richmond Enquirer, if not the
people Of North Carolina. What! the Public Treas
urer engaged in peddiingy What sort ola wsg-
on did hc have? regular Yankee tin pcddler's
Tagon' And what did lie carry in it besides Trea-
Sury notes :! Did he realize as handsome a profit
on the rest of his motions" as on the Treasury
notes ? Did he pay the regular pedl!er'S tax? The
State Journal owes 1t 10 It's readers OF the par
~ OF members OF the Legislature and others to ex.
pose this whole business of pedding.
Ii Is true that Mr.. Courts sold his State bonds
last year at premium of per cent; bat he didn't
"pcddle" them. lie above that. lie sent
them 10 a broker IN Richmond who did the peddling
and sent Mr. C0rtS the profits, after dcducting the
uiing sum Of ,2SG p for doing the "diSgraceful
act"
OF course the reader sees through this transpa.
rent humbug Mr.. Courts has been censured for
not selling at premium I'LL Jas he did a parO of
the Safe obligations iSsAsSa.IaSt year. To Justify
Mr.. Courts'S poiicy, by which the State failed to
make upward OF S3OUUUD which brokers dill make
its thought expedcn. raise hue aud cry against
Mr.. Worth, who is very sensIbly engaged in getting
such premium aS the States ohIg rtIOns are worth
in the market. lie cannot make $500, 900 for the
Safe that way for he is not authorized to issue
so many millions as Mr.. Courts did, but he will
make Tor the Treasury some 100000 to 100000
by what authority is this done ?" asks the
Journal We think have clearly shown the
authority in another article to-day. As tGto de
precatng the Confederate CURRENCY" let the jour
nal aSsall Mr.. Courts, who with great good sense
set Mr. Worth the example IN that, only he confined
his operations TO about 400 900 for which he got
premium of $4,000, aud then improperly gave
away at par to brokers ard others upwards of 81
OOJ,OOO more, instead Of "PcddIng" that too at a
further profit TO the State of upwards Of 5000 OOU
Mr.. Courts "dcpreciated the Confederate currency"
by selling his issues in Richmond as high as per
cent, taking pay Ia Confederate notes
Oh humlupl humbu,r - E,IU