The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-06-28

Dad CONDITION OF the finances OF the connIi out L
is very doubtful whether any other man could have
managed better under the circumstances. Inc ex
orbi.ant prices charged the Government for every
thing had to buy eren the food for the soldiers
made It absolutely necessary 20 issue large
quantities of paper money; and while men have
abused the Secretary for the redundant currency
they have always been ready to draw as much OF
it out as possible to stuff their pockets and in
crease the liabilities of the Government If sup
plies had been furnished and transported for the
Government at half the rates charged, there would
have been nearly onealf less money in circulation.
Considering the circumstances, we doubt very much
whether any man could have managed the Treasury
Department better than Mr. Memminger has done,
the opinions of fault-findcr5' and monographs to
the contrary notwithstanding
From article in the Richmond Enquirer we
copy extract which is apr"pos al this time:
Confederate notes, continental currency, and
French assignats have all the same history, be-
cause influenced by the same general causes : and
whenever and wherever these causes operate they
will produce the effects. The resignation of
Mr.. Memminger, Secretary of the Treasury, will
not in the least modify or improve these results
AS he did not produce them, his resignation will
not improve them. No successor that be can have will
| bring to the public service more untiring exertion.
more zeal and dc votion, greater ability in the
! of the means provided him by Congress. The
substantial wealth of the country has not been i'm
paired By the currency, nor exhausted by any action
of the Treasury Department.; but the Illicit gains
of heartless extortion and immoral speculation melt
ed away, it to be expected that unmerited CEN
sure and undeserved obloquy would be leveled at
the ostensibe of all tie loss. The Congress
made the notes, the Congress increased the notes.
and the Congress failed to provide FOR their reduc
ton redemption. Without taxation to the
notes to the treasury, and without other currency
to support and maintain the war; it impossible
for the amount of notes mot to increase, and just
equally impossible to prevent their depreciation and
the consequent rise of prices All this the
work of the Congress, and not of Mr. Memminger;
and whatever may be said of the recommendations
of the Secretary, they were never regarded or
adopted by the Congress, he should not be held
countabe for the results of egis aton that he did
not recommend, and which he was obliged to exc
cute. A people disappointed in their expectations
are not likely to do justice but when the cooler
head of the historian comes to chronicle the fnan
cial history of this the honest zeal the faithful
labor and devotion to the cause shown by Mr. Mem
minger will find their reward, and the causes that
have produced the present condition of Confederate
finances. their proper estimate
COOP UsE.-Tht Salisbury Watchman says that
the convicts in the Military Prison. at Salisbury
have been put to work for the improvement of the
streets of that town There is great need for i'm
provcment of this kind in Charlotte as well
neighboring town.
VALLANDIGHAM. DEFIEs Old ABE.-North-
crn papers state that Mr. Vallandigha suddenly
appeared at the Democratic Convention at Iamil-
ton, Ohio and was elected delegate to the Chi
cago Convention. He said Lincoln might deprive
him of life, but not again of liberty. HI left for
Dayton. There some fears of an outbreak
there, on account of his speeches in the Conven-
:ion The Convention pledged the Democracy Of
the State to defend Vallandghan in his individ-
ual rights under the CONSTITUTIONS
1t will be remembered that Vaandigham was
banished from Ohio some time ago by Gen. Burn
side and the Lincoln Administration.
Bs1@ Capt MAFFlTT, VINO as commander Of the
Confederate ship Florida, created such stir a
mong the Yankee commercial marine, has been
visit to his family and friends in Fayetteville and
we learn has gone to Plymouth to take command
of the Iron Clad Ram Albemarle. May he be
successful in lis command as when the
Florida, in making havoc among Yankee Vessels.
RESERVED FoRCEs.-The 1st Battalion of n. C.
Junior Reserves is commanded by Maj. G., w.
Broadfoot the I'd Battalion by Mai. J. A Anderson;
the Bird Battalion by Maj Hooks; the 4th Battalion
by Maj NJ Reecc; the 5th Battalion by Maj VIM
F Bcaslcy: the 9th Battalion by MajW Mex
Clark,
COSTLY BOX OF PILLs.-We saw little box of
pills made of quinine, iodine, rhubarb, &C., yester
day, which cost the purchaser $22, 5O.-.SdliSbaru
Hdtchman
Extorton is the rule days, while conscience
is ignored; and sick men like healthy ones must
submit to be ''blcd' in the pocket.
KILLED AND WOUNDED