Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1864-06-22


has grown out Of contract clothe our troops will
doubtless be shown to you by the proper department.
Wien the resolution passed under which it has grown to
present magnitude the destitute condition of tro0ps
nd the inability of the Confederate government to cothe
'hem made the measure necessary one, in aid Of the
lany to troops. Whether it be now necessary to
continue It, as well other expenses after the
toniederaey thoroughly organized is worthy of your
hcient prosecution Of the require CONT nuance of
;s expenditure by the State addition to her common
sare OF the expenses of the all will cheerfuy meet
The increased debt it will impose but enable us to re-
Ii theenemy in future and MAINTAIN faith with all our
editors which is the pride of every North Caronan we
should avoid all unnecessary expenses.
learn from Major Dowd thai the amount due from the
u nfederacy for clothing supplied to troops in the
oths OF January and February last s7essU So and
Insists that this claim must be diminished one third when
rai in new ISSUE When it is considered that in furnish
l clothing o our troops agents of the Con-
i,erate government paying our own money in advance,
sing money In Europe great disadvantage running
tie blockade at the hazard of the loss to the State of
tip and cargo and delivering the goods at prices far from
,nuneratng, as presume when the difference in the
,ue OF the money we pay and the money receive
nsidered regard this decision monstrousy unjust
x,ess giving any colorado ground for it, The act
ts impose tax the currency attaching to the notes
uasrerer circulated and not tao due the debts soh,es
gocernsent oosd obsroiss ta by her Treasury notes.
\ will have seen that to Hon. W. N. h. smith has
int reduced in the House of Representatives resolution
calling on the Secretary Of the Treasury for the authority
trcted it seems to me to require indignant remonstauce
i.s n the State. =" rs
The amount of Confederate currency now in the Tre.su
y is 900, of which $4,000 is Of the new issue
The most dilgent efforts have been made to pet 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 an approximation
~, its payment and p H. Winston Esq., of BERTHE the
aren't appointed by me 70 attend to the settlement and
WIN has prosecuted the duty with commendabe ZEAL hoped
to lave had the auditing of the account completed IN lime
action Of Congress at its present session. but be in
t by letter of the 18th inst, that the clerks in
" not probable now that the claim be got in cond
for the action of Congress its present sitting lift
sll be collected before the meeting of the General As
sby in November next it is not probable that upy mar
al it can be used to pay of the per cent bonds of the
,s:e provided in the 5th section Act Of ss2S3
CHI pter 49, and the result may possible be that large sum
my thus into the Treasury not needed to meet ap.
pr"priaons In this case am in doubt whether would
be authorized to pay the estimated surpla. to the
of The Act Of 1865 creatngtbe Sinking Fund rec.
onend act comforting this authority the Treasurer
BY the aforesaid act Of the Treasurer is direct.
g rnment to pay per Cent bonds all cf which are
PIT IDLE at the pleasure of the State made siderable
cction soon after your and by public
~pess to pay them in Confederate currency or to give
~ IN ae per cent NorthCarona bonds running thirty
Years. exchange for them Not has been presented
.e to the amount of t83 OO0 The refusal Of the hold
receive payment is owing to the deprecated curreu
OUeFcu-uuu
~ ID the interest of the per cent. bonds other
I,eilty imposed the omission to receive payment OF
ke the exchange the Act is nearly imperative and will
not accomplish the end intended. =. a.
tess Confederate currency shall greatly appreciate it
isnt probable that many of coupons will presented
syment in this currency. Soon after came into Of
fce ss have heretofore communicated To you adopted
the rule Of paying all demands the Treasury Coned
Crate currency except in where otherwise specially
by aW for reasons heretofore given Iasked So9
IN dsapproved the rule, to prescribe the exceptions
he time of the adoption Of this rule there was much
ss difference il the value Of Confederate notes and oul
notes than at present. Now notes command ir
sake premium Confederate notes Of about loo per
and c6upops also command large premium ani
&c are not presented at the Treasury for payment TIT
holders Of these coupons would almost universally taxi
our treasury notes (undabe and payable lst January
1850 in payment, and many would take our chang
nies-factional parts of dollar. have already pre-
pared except signing numbering Gnd clippng $A503
Of these notes fundabe in 1861 and $i49 7O of note
e.. less denomination than a dollar. recommend an ac
decng the payment Of the coupons in treasury note
esad where the holders shall prefer them TO Oonfedel
. currency Our laws authorize guardians and othe
trustees invest in bonds and many Of the holder
these coupons widows and orphans and others need
- their income and the payment in this way would a.
podate them and would not increase the States in
- 90 1ness. a,-,.
-s after your last adjournment, I contracted for Ii
81 hing and printing Of $500 900 in notes of less d
than dollar, authorized to be issued unde
- December last. 1t has been the practice her,
aange these at par for Confederate curreuc
- lying the change which the business of ii