The daily Chattanooga rebel. [volume] (Griffin, Ga.) 1864-1865, 1864-08-27
Interesting Correspondence.

Interesting Correspondence.
EXECUTIVE DErARrxEXr,
Colu :nbia, August 10, 1864. j
- the (Tsi=ess Of South Carolina Having OK
| pressed b. Mf. Tnrnheim tho qualification Eel, by
bis feliov.0iiissns lis acceptance o. tho Office of
foHevisS s.ster.. Ahho1 S not ntsn.ied for iniii.
e.ae.. sasA 4 i.s pslls iR.sres. that: w biz nes
Vss5s 1nS-.ssssa.is u priess sa'rsea ~ ',,,nt.
Oonmissao,ssrs Of this State does not r,,; "r CON
In its rates the former .chcduie oil 'ne
| ,n;..;orcr, n In TO be hopca-that satis'"c'o.'
conourring fully il the To tho coun try oi
reducing law practicable all prices. I.com-
mend the letter to the careful and favorable cor
sidcrntiou Of every citizen.
NJ. l.. BoNHAM
TRxAsJRr DEPARTMENT, e. s. A..
| Nici:nond, August -, lSsi.
To HIS E-teHsncy tor. R,nIr.a--Dr.n Sin
| was received yesterday. Ii il shall prove ~ be
my happy fortune, through the Divine blessing To
| contribute I'm any decree to the welfare of NV
country, Rhali be than compensated FOR nil
pointed. Expressions OF confidence and good viii
the part OF my fellow citiz.ns such u, o have
been good enough to convey to me, crate
full aud encouraging. regard the Treasury o. the
Confederate States most peculiarly tie treasury
OF 'he people, and there is nothing in the power OF
! man that would restore il to :, condition
Of ease and prosperity tho naive, sal and ,c,icr-
Gus suppor.o OF our people. There is nothing IN its
present circumstances to inspire alarm, bait on tl,c
contrary, every motive for confidence. Ill per
| vading cause OF embarrassment and distress has
! been the character of our legislation. However
patriosicaity intended it is not to he demicd tina,
the measures adopted by Congress fir the reform
OF the currency had the unhappy effect OF inspir:
ing the public mind with feelings o! fear and dis
trust to the course that wot!d ultimately h..
pursued IN relation I" that part of the public deb;
:. that is represented by the Treas ury notes Az
prehensons OF ultimate Repatriation crcpt Ike an
ail-pcrvadnY poison into the minds or the people
and greatly circumscribed and diminished the
purchasing power Of tLe notes
There were many distinguished and patriotic
men in Congress, who earnestly believed that ic
great, If not the sole, evil of the currency
be found in its redundancy alone Aud reason
ing from this premise they inferred that
pondi.g reduction OF this lp:;.e voh;ne os The
purchasing medium, would produce Immediate
reduction in the rric. nj ali saiv.bic commodities.
Others entertained q d hercn' "p'nion an'i hclcv
ing that the purchasing power nni v,lic al .sc
bai critical and sensitive dependence u,,ou the
confidence and good win of ;hSee who were called
upon cxQjian.. their su>taiiEc Inr them insist
ed that reduction of the quar,i'y, b. any
sure that disturbed the confidence of the pcopfin
the good faith of the Goysrnmcnt, would lead to
first opinion. and il be uni, v:,s:Ii, ut
United, think. that the policy thu. pre-, ,!cd was
had been predicted by ,iio<r who opposed it
The immense reduction effected by t..c a< uf:3i.. !
per cent. levied upon tic currency, aifI ,.y t;.c
process of compulsory funding, ;''n.ircci veiy J
little effect upon the prices a.! ri,iir ,dilies
Everybody regarded with ..,rust a new iS>,,c of
notes of the same character the las. a'. res:
ing for their supper; circulating r"l,iiit I.
upon the same pledge. which had c..d,'! in dis
appointment before. :
That :his is the difficulty wo have to encoun
ter think every candid person must aliouv. us
Icannot refrain from iadu ,in- the hops that II new
and souner policy will govern future r-isl,.-
tion. s2hc patriotism. o: Congress is Ia call
cd in question, nor wc at liberty - d";:l; their
Willingness to renuuncc any policy that u,ay be .
proven, by experience to bc erroneous aai mis- |
cbievous. Oar peop, a, The finr. .h",,'.l mt
be silent, AMI al thi. rcSpcc; IT,. rat:,;. ,tiaens
of e., great and suffering CoInv::,: y;,iC:, ir-
ginia have set Il nybr exam; 'fc
On my arrival in Hichmond. fopn.. that the
commissioners Of prices had fixed the sa',cl lule .
rates for whoa, AMI n. So AMI ;2i dollars !
per bushel, respectively, for the months of August
and September. The feeling Of tis::pi, ,oin!lvnt'
and alarm, with which was inspired h.. this cir
cumstance~ you can easily immnginc This pain
full feeling was, however. soon changed for of
renewed confidence and hope, by ;ht farmers %.
Virginia Public meetings were held in the acri-
cultural coun'iea, Qnd resolutions adopted 5Sii'v
avowing the inposiLiity of naiutain, i'.c :,rbc /
faith, iftho Government were for>l by 'c pcnlc I,
pay such nigh prices fr sunpes, nn', ps'ri1tica!l:
insisting upon a reduction of :hc s,,u,r rates, and
their establishment, upon basis sufficiently low
Inspire confidence in the currency. i:c rs:iii
that the commissioners rc-ssScr,blci ani Is,iicei
the schedule prices to 81. for wheat for the month
Of August, md s. !o- September. A wiser and /
moro patriotic course was never pursued by aoy
people, and would respectfully appeal you. AZ
Chief Magistrate Of our gallant and patriotic Stale.
to suggest and encourage similar mcc:ngs ar:i
olutions, the part ol cur oan pcaplt. l. have
abiding confidence that general and well
established belief in-tlc Intention of Congress,
der circumstances oe temptation trail, tn
shrink from the observance Of the rigid good
faith in financial transactions to enable
to overcome all financial difficulties.
That such is their rea, in,emivu 1 cann", doubt;
but this determination should be ohcurrusc; and .
supported by tho publ: declaration of uur people.
expressive of their OWN rcsolule>Hii! to foster ,c
credit Of tho Gcvcrnmcnt by the osabli..nsnt Of |
iowSpficcs and the Patriotic support Of It's Treas
unry. Whstcvcr differences O! cpsn,n may have
existed in the past whatever errors may be sup
posed to have existed in the past whatever cr-
rors may be supposed to have been committed. may |
now bc buried in .. common grave. We a,c making |
now start in our 6namres, ana under eire;ms n
ces by no means uniavorabie diseourasing.
The expenditures OF the Government arc OF two !
classes those incurred abroad and those incurred
at home. In respect of the first. there has her-
to been little embarrassment, is there any
as to s,pss, Il hc1ty in the
without making any addition TO the public debt
The malice of our foes having raised the pric. Of
cotton to sod. per pound in European markets,
while the depreciation of our currency enables
At the same time to buy at home at less actually
than I'D, i. is plainly seen that il can be diiii
complacenS spectators of this atrocious war. the
means of supplying oil our foreign wants. This
would leavv us. then. only our domestic debt -
deal with, and when il is considered that II 'h; i;
asked of our people, aud all that the Government
is called upon TO pay for. is Gmply their uIius
productions. and their services in transportation
and mechanical and other labors, who can doubt
the ability Of the people to beat this hurthen: II
they gave all that is asked, witiout compensation
they would give vt best more than their
plus, and would bel pnoror foT the gift How,
then. can their condition be- made worse by recci,-
ing the money and the bonds OF the Government,
In place Of receiving nothing?
hope. my dear sir, that you may agree viii, /
me in the opinions and sentiments have express
ed. and may join with me in the effor: to give n |
Av,A HNH
upon this great topic of national affairs. do
no. think that planters and farmers should alone
be called upon to declare in favor Of lower prices;
mannfsc,urerr railroad companies. and every |
great interest of the couutry, should contribute
this reform. Let content ourselves with more |
moderate prices, aud keep down the public debt; |