Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1864-06-21

COnlms>ary 7,lS4
a. Medical d" 23IuUU
Insane Asylum, 64,SOO
On the appropriation of $3UV,0O0 year for
the reief vi sick and wounded soldiers"
only Sz5,U 900 has been drawn this year, leav-
Estiil:atsd an cunt required to pay expenses of
the present session Of the General Assembly,
Coupons due as shown in my report
of the I'D November last, 81 l56,lS3
Amount which has ie due since, O93,l5
l,o4y3SS
Amount brought forward, $l,S4y,883
Amount paid since 6Oth Sept. last, gO,57O
1,75s76a
Amount which will fall due in July,
September and October next, 693,l5O
- ss45l,sls
State bonds due and not presented for pay.
lnent as set forth ur said report, $4,000
State bonds falling due LIST July next, 4I,vOO
Liabilities due the present fiscal year. S34z2yl7
70 this amount must be added any appropriations you
may make at this session. and the which may be
fegu if any, under the resolution of the 2Uth Septen
Ter, ,Sjl, 10 provide winter clothing Troops,
which authorizes the Governor to draw for such
he may deem necessary What amount has been drawn,
hat amount reimbursed under this luton which,
from Its CAPTION seems 10 have been intended only
temporary relief TO soldiers, but which las been
tnTed with universal appreciation, unable
lain from tne hooks OF the Treasury because until lately
mIIaIy expenditures have been charged the
general head I'll" Military Appropriations" The
under this resolution have been very large. If
tm ther required for this purpose respectfully
submit that specific appropriation ought he made
IT.
The expenditures of the STATE tor military purposes
Since the commencement Of the war,
amount DIG "a
Inc amount re lmbursed is 7,404,65S 81
Excess Of expenditures SI2y64357 II
Tins is added State debt What portion of
1t has grown out OF our Contract c0the troops, will
doubtless be shown 10 you by the proper department
When the resolution pissed under which grown to
HspreSent magnitude the destitute condition ofour troops,
and the Inabnty Of the Confederate government ccte
them made Tue measure necessary one, in aid of the
then recently organized government 1t hut
mGnity TO our troops Whether it be necessary 10
continue ii, as we'll as other expenses the
Cohederaey is thoroughly organized is worthy of your
consideration II the comfort Of troops the most
efcen prosecution of the require continuance of
this expenditure BY the Stale, In addition to her common
share Ot the expenses vi the war; all Will cheeriuy
The Increased debt will impose but to enable
pei the enemy IN future, and maintain faith with
creditors, which is the pride of every we
should avoid all unnecessary expenses.
learn frUn MajOr DOWd that the amount due from the
COnfcdcracy f.r clothing supplied our trvups IN the
months OF January and February last $7Us 5v
that the Quarlernaster General of the Confederate States
insists that this claim must be diminished when
pald IN new ISSUE When II Is considered thai III furnish
my clothing to troopS agents of tue Con-
federate guTernment paying our money i'll advance
raising money Europe great DISADVANTAGE INNING
blockade the ha1d the loss to the State of our
snip and cargo aud delivering the goods prices lar from
remunerating, as presume, whn the difference IN the
OF the money We pay, and the money we receive is
considered regard this decision monstruusly uuust
do hud any thing in the late currency act Of Con
IL.
ports impose tax on tue currency aaeng notes
1Uererer cjrcuyIa Gad not tur on tie debts ack.h
tie g0cernent OOsd otherwise MIH By Ter Treasury notes.
You will have that the Hon. W. N. H. SmIIh has
introduced in tue House OF Rep esenatIves resolution
calling the Secretary Of the the authority
on which this decision is based If should not be re-
traced seems 10 me to require indignant renonslance
from the State.
The amount of Confederate currency in the reasu
~ is S57l,0O0, of which $4OUU is OF the new issue
The most dIgent efforts have been made to get the
claim of the Stale against the Confederacy for large ad
made in the early part of the audited with the
expectation that Congress would make appropriation
for pay ment, and P. H. Winston ESQ OF Bere the
agent appointed by me TO attend to the settlement and
who has prosecuted the duty with commendabe zeal hoped
to have had the auditing of the Completed in time
for action of Congress at its present session. but
forms me by letter of The 18th nst that the clerks in
Richmond performing the duties OF soldiers aud
IL not probable that the claim be got in coudi.
ton for the action of Congress at its present sitting lit
should be collected before the meeting of the General
sembly in November next is not probable that any part
of can be used pay of the per bonds Of the
State provided in the 5tb section the Act of 1862
chapter ~ and the result possible be that large sum
may thus into the Treasury needed TO meet an
prOpriatons. In this case doubt whether would
be authorized to pay the estimated surplus to the
Commissioners of the Sinking Fund under the Sth section
Of the Act Of l556- 81 creating the Sinking Fund rec
ommend act comforting this authority Treasurer
By the aforesaid act Of 1925 the Treasurer direct
ed with this money when collected from the Confederate
government to pay per bonds all IF which are
payable at the pleasure of the State made con siderable
collection after your last adjournment and BY public
advertisement notified the holders of sad bonds of nv
them per cent North Carolina bonds, running thirty
years, exchange for them Not one has been presented
for payment Exchanges for per cent bonds have been
made to the amount of 600 The refusal of the hold
erS to receive payment owing to the deprecated curreu
in which payment is oered-and as there is no Ia i'm
posed the interest Of the per cent bonds or OIL er
penalty imposed on the omission receive payment or
make the exchange the Act is nearly nppsrati We and will
not accomplish the end intended ~
Unless Confederate currency shall greatly appreca II
Is not prObable that many of coupons will be
for payment IN this currency Soon after came into of
heretofore tod to 7
the rule OF paying all demands the Treasury in onJ
crate currency except i'll where otherwise specially
directed by law for heretofore given asked vn
you dsapproyed the rule TO prescribe the exeentions
Al the lime Of the adoption of this rule there WAS much
less difference III the value Of Confederate notes and onr
own n"les IMAM at present Now our notes command in
market premium Confederate notes of about 100 r
cent ana our coupons also command large premium and
heHce are not presented at the Treasury for 1a
holders oil these coupons would almost universally take
0nr treasury notes (fundabe and PAYABLE LIST January
Isno') IN payment, and many would take our change
ho'e3Iaeuonal parts of dollar have already pre-
pared except signing, numbering and eippnp) 81 5u3.
$50 Of these notes funiabe 1851: and Sl49 80
ct less denomination than dollar recommend an act
directing the payment Of the coupons our treasury notes
anFesad where the holders shall prefer them to Confeder-
ne currency Our laws auhDriza guardians and other
trustees 70 invest IN our bonds aud many of the holders
OF these coupons widows and orphans and Others need
lg their income and the payment in this way would ac
coinupdate them and would not increase the States in
debtedness ~ S ~"
Soon after your last adjournment contracted for the
n"Sraphng and printing of "a notes of less de-
your act Of Dcember last 1t has been the practice here
e 10 exchange these at par for Confedsrste currency
b way oil supply the change which the bnsrss of The