The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-05-28


Of their just expectations.
NEWS FROM THE SOUTH.
-~~~~~~~>>~~>~~~>~>~~~
Interesting Desbato In tho Rebel Con-
gress-NI emminger Wants specie
Basis-How IL He to Get It .-Peace
Resolutions-Nortn Osrolina ON state
ssyArx-RcHxoxp May %, 1854
The CHAIR laid before the Senate the following commu-
TREASURY DEPARTMENT, CONFEDERATE STATES orr
AMERICA, RICHMOND. May 20. 1864.
| Hon. NJ. T. HUNTER, President pro tenn, Senate
slR-since the date OF my report OF tho I'd Inst.
nearly three weeks have elapsed. During that
YVES o. 70 max. * the sss At
untaxable bonds, with view to establish the rate
which sales could DO made al every commercial point
within the confederacy Military necessities have pre-
vented this sale and still require its postponement Tho
aid which Il expected the Treasury would derive
month and for the expenditures of tina, period Treasury
notes or some other substitute becomes necessary
The means provided by Congress for supplying the
wants OF the government at this time consist or
first the limited issue OF Treasury notes second.
srd ne Of 'a sesc.,os Of des n my report Of
the I'd instant have shown that the whole amount de-
rived from during the present year VIII afford no
Aid In paving the expenditures OF the govern.
ment This regard imperfect feature Of the ak
bil aud have recommended that It DO remsdied by
dtonai taxes The Election II these taxes cannot take
place In time the emergency and resort
mad 70 one OF he other resources.
ncreasedssus OF Treasury notes would be injrdcious
and these are deemed adequate 20 justify the
concusion u ,ooSs that resort must oe "a 70 The
l edness
piled home clothing, Subsistence aud transports
| ton measures can be adopted which will enable
these to be supplied wholly in part through
certificates Of Indebtedness great relies Will at be
obtained. The railroad companes have generally ex-
hbifcd 80 much that u highly probable they
will readily accept certificates IN part payment OF
portatoD.
ers farmers and planters, who cloth ng
aud produce the subsistence stores OF the country.
parties could b. induced TO accept certificates for
such articles are the sub ects Il purchase impress
ment, the scheme would he complete II seems 20 me
that by resortng to specie basis for all purchases aud
imere they could he made acceptable both
GOV aui the owner. II all articles, when
,mpf eseed, valued at the prices 1850 (when
the currency specie ssanda rd) or a. Their
preseht value NJ and certificate were ssy cd or
value payable after specie tie
interest IN ire meantime to be paia semi a,nnn,v in
coin ar market value Confcde es subs;an.
is security o the highest value would bs CHAINED
The party his commodities wonld be better
sat SIZED wi: the price ard mode OF yayDcn Dur ng
ne continuance II the war ne would receive the
same rate OF est though his property been
valucd toptod notes. aud after The would
receive ts 10 coin Inc government would be
better satis ed while IL raid sner est
during war taan would do under IN. existing law
Would, after the WAC save he loss to which me pre-
exaggerated prices htve exposed II. AZ
abstemont II pr'ces nas occurred stnce toe meeting
Congress y " OBJ ious that the supplies voted
! D. The bust Congress must be .argely increased
less some auch e reiie Should be adopted
NJ the present session. res ectsnliy recommend
therefore, thsi The ment Law be N con.
l8roity Wi,h me alb sngges tions, ani be ex
tended 70 ~ SUPPLIES which nay b. necessary ior she
euuuort tbs ard uavy. also rec,nrs esa thaf
reasonable ptop"-tcn o, the railroad transportation
IA M ,gpa 90 clargrs OF 1850 sha lie pad IN ia
same way. h lie ca excuses railroads ere yery
I4rge and require snpes VI money FOR daily nse il fs
probable tn2t 0na lhlld ~ such charges would b.
I ranch they could gi'ord t. tfkc
10 enAb'e ac fcpsnry = meet the payment az he
,erest on these ceulfcie would be advisable + nT
/ vantage wott fhus ~ ggwsn The eovern,oeat would
l Re eaabAt t0 psv s interest a. lower rate ana tie
pey,ng cct IL sp much would red uce To- difference
between go maytc sie ~ coin aud Coaeteraie secur
ties would, hareore RESPECTFULLY Commend that
an adeltepA APPROPRIATION % made y e'ee ne lfea
sury 20 pfre1a.e $50 fap ~ much . tn 80 nzy Ne
msdc ava able TcF bis pur,o Ten mi g. 10
woGid PROBABLY - snccrrt AZ the present Ee.
| c. g. III IAnSGG:R. Secretary az Treasiry ,
The communication WIS referred 20 the Committee o.
taroa7Rs IN ruR FfxtD
Nj SPAM0W- 81 Iauisianl, peseatet he me noflai of
NJ. ). - Aaraa1er. len let " ella.
tun asking t9l ts orters ~ IN, eid 30 allowed o par
obese roiio. tls icf,ge. Referred Military CON-
n'iee.
~ INC t'alsc q Repe eniaiivos, Nav %, ar. T. r.
lrAcH, ~ Npth ,aroaea, submitted tne +, ow,nc ptsam
| bls anf -. aftlorf u1ith read b. the Clerk
cFeapns gno se~ tIi0a on the Hocr among lhe prtvi
! ,sRed seat u,d tie galleries
whsreas 'ne Unconstitutional enactment II ags by
tle AO06ftsN W ne ned TIA upon sub al vlg
importance % the harmon q, ne s,ates
tna haplpese and pf eriiy ~ people ,c arescr
yatnn am pr etut o. TIE tuien, against tbs don. MS
OF aice the apreas adtnont.ues 81 her bee, ard
wtseat y 1este1, fnAe 06r paiunl duy % fa beck
upon thc rights or Eh'oh the coIouias uantanei tne
81 se g3F9uth Nad W eh fafe;ath.re e34crte
/ aud m2.utanci to le clear md iuall6nahle
Resolved III lpe Ga,TrsFs y tho Confeieraie states
That TIE dee4io ioN .e.A slate. deias n rs soryer.
moral 20 nhygct force aud placing ourselves pro-
perry before - civilized world, do most clrna8tlv IN
peal " inc .fesdea, bv and wsb tho scvi0s aud con-
sent y the ephte e aproui commissioners whose duty
i shhl ne 20 prupat armstoe ~ nlnIty days u Tie
proper Authorities ~ be fedora government preipinnry
- nosotialea upop als sovereignty apd ndeponaeace
aud the aald commissioners shall rapqft Hriiug 10
tho President he ensws received from hefeaora gov.
ernncnt upon lhnsgbleot
Ee.-Ysd Tfet should ,hs naace making power * me
federal government arCede tho proposition fur
mistloe Of ninety days. The ssdeut DO requested con.
pose ~ appointing col ns0ngrs by ana WITH the
ana advice of The Senate hst he DO requested
~ notify the Executive 81 tho States fant,
and ask thcr co operation by apToning
either ~ tho Legislature by couventon TOGO operate
with the commissioners appointed by The resident and
TO neEDtite with TIE commissioners appointed bv
Federal government, upon OF peace viii be
ooDaktent with the honor. dignity aud Independence
the states and compatible With the safety social
and political rights.
Resolved, That IN maintaining tho rights guaranteed 10
ne by the blood and treasure % revolutionary aners
We take 70 mans property bzht nut FOR conquest
for rights, tho Independence ~ the StaloH our
1 ca salty, our civil and eigious liberties.
Resolved That euch t0rr-s peace agreed % BY tha
comsoiassonere os0M % y sndorssf by ne pysdsaf
senof and svbmsacd ne r.sTis for thss rasyancn
r5crtt0t
liz toosE. II Tepncsaoe. moved tie raersaaa q the