Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-07-30
Internal Policy OF the Rebeis-yaIue
of their Money.
BALTINORr, july ID, 1854.

BAITIxORr. july ID, 1864.
Being IN Frederic during the recent occupatiou
Of that city By the rebel forces. I improved the
opportunity afforded fcr snding out all I could
about rebesdom: among other matters, eIicited
the following facts. which have never vet seer.
published in the North Nv informant Is II gen
,leman OF education and INTEL geucc. residing
pear Lyucbbufg. Tho enloyed az enviable Tepu-
iation for honesty and probity before The var and
/ could not discover that he i nov 20 utterly de
generatc as 10 DC unworthy Of belief, although
serving in the eneny's ranks As a private soldier
In siludng 10 the CONSUMPTION, 10y Confederate
authorities. of men over forty-fve years of age
ne said: You are mistaken in supposing these
men 10 De cODscripted for the army. The Object
IN drafting them i for another purpose altogether
lou are probably aware that with u, IS with the
North, there are numerous abandoned estates,
and vacant lands. The owners Of these estates
in some instances, have gone to the North. or
Europe; but, generally. have taken service in the
army aud remoYe Ell their families 10 the cities for
greater security. Instead of allowing such lands
20 lie lille and unprUductve, our authorities have
taken possession of them and are endeavofing to
render them available in sustaining the army and
the poor in the cities, and TO obviate what
would otherwise occur and occasion great dis
iress among the poorer classes i. e, speculation
10 breadstufis
The plan l. TO enroll all those citizens rot en-
rOlled for the army, that il, such are upwards
oi forty i've years of age, and conscrIpt them
for labor on these plantations. I hey are required
10 labor 80 many DAYS per annun Tor the govern
ment. and the time i SO appOrti0ped as 20 inter
lere ~ little "a possible with the prosecution of
labor OF their OWL plantations. To make this
apportionment of public labor more equitable.
the enrolment also takes into consideration the
number OF slaves owned by each man enrolled.
and assess MIN prOportiOnate number of days
labor, thus carefully guarding the interests of
the poorer classes To all these ccnscrpted Ia
borers. ration- ard nominal amount of pay Is
allow cd. and such as have been driven from their
homes find, ia connection with this system. means
of support and protection. without which they
must become suffers. To such, after they have
worked As eonscripts their allotted number oc
days. regular wages are allowed. and they are
continued oil as hired hands From this class
generally chosen the superintendents &c
The produce raised in this way belongs TO
the Government. aud such az is not used in ra-
tions for the army and employees is sold 10 the
needy AZ moderate prices, % be paid for, gener-
ally in labor. Ii 10 men. the labor demanded Is
on the public farms Goycrnment orkshops,
&c, and il 20 women. in sewingo on army CLOTH
ing grain sacks, making cartridges. &c The
Object l. - secure all against suherng in conse-
quence OF tie war, aud relieve those who fight
the battles from appseheusiOns concerning the
welfare of their families The working of this
system last year was found to be highly benef
eal and this season i, IS carried 10 such an ex-
tent that all danger Of experiencing any lack of
food hereafter either through scarcity or the Gu
pidty OF speculation. il removed"
The same informant also gave me few hints
respecting the new financial policy they have
adopted. but the conversation was interrupted be
fore he concluded his explanation. From what
| eau gather from his conversation their crcula-
ting medium Of the new issue IS worth about four
hundred per cent. more than the old The
notes are very handsc me, fully equal 70 orr
"greenoacks' in appearance. and even more diff
6cultto counterfeit from being printed on tinted
paper They value them at fifty cents in
"grcenbacks, or twenty-five cents in gold and
assert their rate OF value is constantly incFea5
ing. The old issue is all being Withdrawn from
circulation rapidly as possible Gold is toler-
able plenty with them. and they are now reaping
the advantage of going into foreign markets for
loans, instead of borrowing from their own citi
zens and expanding abroad We have done.
Their policy has enabled them TO retain their
gold. and, by selling their bonds abroad. trade
10 foreign countries upon credit Ours imposes
the disadvantage of the credit system upon our
own people and places Us under the necessity Of
exporting gold and silver 10 liquidate debts in
Cured abroad ZONE.