Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1863-10-16

weeks ago. 1t will take Il good many VIC
tories to put the breath of life into the
rebel currency. The financial problem,
which Mcmmiuger is called to solve, are
beyond his power. The Richmond Wig
confirms this. ltsays:
"IIe has done all his knowledge enabled
him to do. second rate lawyer in
Charleston, famous for the energy and
persistence with which he collected small
bills and tluuued petty debtors, his eleva
ton to the head OF the Treasury was a
stroke of fortune which must have aston
ished the good man very much. He has
done his best, but lie has been overtask-
ed"
But he may safely challenge the Wig to
show him how to escape from the troubles
that are upon him. Virginia bank notes,
says speaker in the Virginia legislature
command "A premium Of three hundred and
fifty over confederate money. Exchange
is at twelve hundred per cent. So depre-
ciated is the currency, so enormous is the
volume of paper in circulation, that the
government organ, tho Richmond Sentinel,
says that no one would lose if half the
money were burnt, and urges the people
any man invests one. half Of his moaey in
them, the remaining half will be worth as
much AS the whole now is Mr.. Memmin-
ger, in urging subscription to the bonds,
says "the principal is rs secure as the for
tunes of the Confederate States" The
southeruers begin to wish for little better
security than that.
The edi tors and Legislators are all rack
ing their ingenuity to find some other ex
PLANTATION for the depreciation il currency
than the real one. Some affirm that the
trouble is all owing to the blockade run
ners, who carry off all the gold and silver.
Accordingly bill has been introduced in.
to the Virginia legislature to prevent the
traffic in gold aud silver. Mr. Randolph,
of Richmond, remarked that IL traffic in
gold and silver were abolished, gold and
silver would also be abolished, and the
currency would not then be Improved. The
Richmond Wing is sure that boarding is
the sin which is causing so much tribula-
tiOn. Men are boarding everything, except
confederate paper, it seems. 1t says:
"In old times gold dollar would buy
ten pounds OF sugar or coffee. or ten yards
of calico. Nowadays ten confederate
dollars will buy about three pounds OF
sugar, a pound and a half of coffee. aud
yard and quarter of calico. So there is
something more than deprecated currency
at the bottom of these ruinous prices.
"'Things are scarce Yes, but not so
scarce AS producers would have you be-
lieve. The Government wanted to buy
bacon in Georgia. None to be had. Su-
gar was offered in exchange, and bacon
came 10 beautifully. Sixty thousand pounds
were found in Vicksburg after the garrison
had surrendered on the 4th of July for
want Of something 10 eat.
"The fact is, there is such a thing as
boarding. Hence, an artificial scarcity;
hence high prices; hence a salary Of $1,000
a year barely pays day board, leaving moth
ing for room. rent, fuel, lights, clothes,
taxes, DOCTORS bills and other incidentals
Hoardingl Could a human being hoard
the necessaries of life when his fellow men
are struggling for existence7 They say so.
They say that salt was boarded last spring
and will be again this fall. They say far
mers are boarding their wheat at this mo
ment, and compelling poor people to pay
$45 and $50 barrel for flour, when they
might get it for $25, if the wheat were
sent to the mills. They say there is a man
10 this city who has upwards of hundred
hogsheads Of sugar boarded away. They
say there is plenty of -four boarded in cell
lars and gnrrets. They say that these mer.
Ciltss Ructioneers can always fiud some
where Ia friend who has few barrels of
sugar to deal out az prices continue to
rise. Every rise in sugar brings out few
more barrels from the secret and mex
haustible stOrehouse OF this mysterious
friend who allows the auclioueer his only
'commissiOn.'
"In the English dictionary will be found
a word of talisnanic power, TO which we
advise our readers to turn in this time of
trouble.
"That word is, diSgOrgs!"
Yes, but why is this boarding going on 2
Why do the people hold on to everything
that has a real value Why do they so
prefer to have sugar and -four, and even
''sixty thousand pounds of bacon 10 vicks-
burg, while the garrison are surrenderiug
for want of something to eat." We imag.
Toe that even "the second rate lawyer from
oharleston" comprehends the Significance
OF this omnibus fact. Men have no conf
dence in the rebel government, and conf
dence being gone, all the outcry against
blockade runners and against boarding is
Of little avail. F.Fry H..