The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1864-11-19

II VIII doubtless De puzzle to many.
how, with an army approachicg our own
er OF gray backs reduced to five cents on
the dollar the rebel debt should have
reached only 81, IA, 970, 200 on the ist OF Oc-
tober, while that of the Federal Govern
ment was, at the same date, $I,955, e73, 7l6.
It will appear equally strange that while
900 to s25,OOO.OOO in the Treasury, vet 60
''dush' are the rebels OF money that in
April last thay had sos, OOO, 900 in the treas
ury, and in October Sos, 500, 900; and still
more remarkable will it appear that their
expenditures were only $272, OOO, 900, for the
last six months, while ours were probably
$3.50, OOO, 900.
The whole matter, however, is easily ex-
planned. The truth is, that the rebel fnan-
ces have sunk into such q condition Of de-
moralization that they have, properly
speaking, no regular disbursements. The
Richmond Government has substituted
system Of impressment for that Of ordinary
purchase. Their commissariat is supplied
py produce seized by the army, in payment
for which certificates are given. payable ut
the close Of the war. These certificates
continue in circulation, as a sort of curren-
cy, helping the imitation, but not being at
present payable, are not recognized in the
Treasury register, and are, therefore, not
included in the statement OF the public
debt. This being tie case, the ordinary
operations Of the Treasury are to a larre
extent, dispensed with. and the real Ia.
debtedness ofthe Confederacy is unknown.
AS the principal expenditures Of the rebels
are met in this way, it is quite probable
that the figures presented by Mr.. Davis do
not amount to more than one-third the debt
bis agents have accumulated. 1t is the
most giaring dishonesty in the rebel Pres
ident to have omitted all mention Of this
chief item Of the debt. In lieu of = candid
statement of the real condition of the A.
nances, he prefaces the above deceptive fig-
ures with an assurance that the facts dis
closed in the report Of the Secretary Of the
Treasury ''are far from discouraging, and
demonstrate that with judicious legislation
we shall be enabled to meet all the exigen-
cies Of the war from our abundant resOur-
ces, and avoid, at the same time, such an
accumulation OF debt as would render It
all doubtful our capacity to redeem it.''-
This perjured public statement will prob
ably furnish a text for London comments
tors. presenting comparison of Federal
and rebel finances, disparaging to the cred.
II of United States securities, and lllustra-
ting the soundnees OF the "Contederato
Loan"
LARGE SALE OF Or LANDs--The Mari.
eta Reyastsr, OF the 18th, SAYS:
A day or two ago we saw at the Office of
Ewnrt 4 Shaw, attorneys in this city. .
deed which conveyed tract Of ..oil terri
tory, that is worthy Of note, wherein John
BlOOdgOod and James NJ. Mclean. Of the
city Of New York, transferred to the Ame,.
lean Oil and Mining Company Of that CITY.
FOR and in consideration of one million
three hundred and sixty-five dollars, three
elghths undivided interest in 257 acres Of
Land on Horse-neck Run, Peasants coun-
y, West Virginia, being the farm of which
Ellet Rawson died seized. One might
!hink this humbug, but the deed had on +
Y coenty $50 Government stamps, or $1,000
in stamps and that was no hunbug. The
deed was made in July last, before the
present stamp law went into effect, Aug.
!, 1864, under which, had the contract been
: month later. the amount OF stamps would 1
have been 81 800. s.
This tract OF 20 acres, three-eighths un-
divided interest Of which sold for 81, 365 ,OO0
lies within ten miles of Marietta, and .
year or two ago could have been bought for
almost "a song at
New York newspaper man who re-
Gently went to the opera, says: One fair
who sat near us, spOrted q pro-
fusion of flower. Her hair, in front, was
arranged in three ridges, and looked as ii
IT had just come out of flour bin. There
were several other female heads in the
house, we understood, that were dressed
and busted in the same marner. We have
rarely seen more tinery in any place of
There was plenty OF glare,
but very few evidences Of taste. Violent
colors, violently contrasted, panied the
eye. One might have thought that no In
portion of the audience had
been dressed by contract, their costumes
were so glaringly alike. Shoddy never
came out stronger.