Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-11-14

Gold lower.
Money continues easier at per cent,
the tendency favoriDg borrowers on dis
counts rather more.
Exchange dull.ss
Total gold shipments for the week, ST.
2s7, ,7O6.
A new Stock Exchange has been opened
at the corner of Broadway and Third
streets. @ --..
REPORT or TIE REnEL sEoRETART OF TIE
TREASURY.
The report of the rebel Secretary OF the
Treasury is published. ..-r
Mr.. Trenholm says the large issue Of
Treasury notes is to be remitted, from the
failure Of the measures relied upon to sus-
tain their value and reduce expenses.
The new notes are received by the public
at value scarcely higher than the old,
and as q consequence expenses have not !
decreased.
The currency demands the immediate
and grsvest attention of Congress. \
Unle-s a uniform value can be given to
Treasury notes, the effort to carry on the
war through its instrCmenLaiity must ne
eesssrily be abandoned.
Acqaieseence in Its deplorable deprscia-
ion is to court she ruin 10 which it leads.
S1S5 in currency is the price received for
500 in sixper cent. bonds, equal to So only
in specie. asI.-
Mr.. Trenholm favors the stoppags of
loans, and desires a direct tax to be levied
on the people, payable partly in cash and
partly in produce, at fixed value.
He says unless prompt and decided
measures Of reform ara adopted, the prom
ise Of depreciation will be excluded, and
our embarrassment becomes insurmount-
able.
I would therefore earnestly urge upon
Congress- the necessity Of the adoption of
decided and vigorous measures to restore
the value Ofthe currency, and avoid the
calamity with which we are threatened.
REBEL CONGRESS.
In the session of the Rebel Congress on
Tuesday, Mr.. Foote, of Tennessee, opposed
arming the slaves, and concluded with
resolution affirming that it was necessary
to have antecedents and the consent of
States, in comforting, emancipation by any of
the Confederate authorities. -
In response to some inquiries, Senator
Foote said he was in favor of Convention
of the Confederate States to aid the Confed-
crate authorities in adjusting terms of
peace. We have, he said, more friends
at the North than we have in either Eng
land or France, who sre dwelling on the
recognition Of our indendence to enter into
the Northern States, jointly to enforce the
Monroe Doctrine in America, and form
liberal commercial treaty with this alliance,
when British authority would be swept out
of Canada, and the French domsin in Mex
leo would be overturned. --...----- =-.s ---
NEW YoRk, Nov. II.
The MilledgeVille Recorder says:
We regret that papers in Georgia advise
convention of States, to authorize each
Tor itself 10 make the best bargain it can
with Lincoln for a cessation of hostilities.
We regard this as exceedingly important.
1t mot only gives Interpretation to the
Southern compact, which instrument it
does not justify, but is a direct confession
of weakness in the Confsderacy, which is
most hurtful to our cause. It is calculated
to excite an unhappy fued in our struggle for
national independence. Such a proposition
at this gloomy juncture Of our affairs in
Georgia implies the abandonment of all
hope of ultimate success and in this respect
is wrong and Objectionable. We are in for
the fight and must carry it on to the bitter
end.
The Richmond Dispatch says
To arm the negroes would be an act of
desperation equal to suicide.
The Whtg has great fears Of the feet now
at Fortress Monroe, and thinks Savannah
the objective point to make base fOrSher-
mans move from Atlanta.
PEENsYLYANIA ELECTION.
HARRISBURG, Nov. Il.
The estimates made here from reliable
sources, put the State at from 8, 600 to 10000
for Lincoln,
PORTER AFTER BLOCKADE RUNNERS.
WAsH1EeTos, Nov. u.
Rear Admiral Porter writing to the Navy
Department, under date Of the 10Th inst,
says: #
Some days since l sent the steamer Step
ping Stone, to Mob Jack Bay, to put 3 stop
to.the smuggling going on there.
The Stepping Stone returned on the
morning of tbs 10th, having tive vessels in
tow, the Reliance and Little Elmer, cap
tured in attempting to run the blockade.
these vessels had no contEaband goods on
board at the time they were captured, but
they were evidently engaged IN contrsband
trade as their Captains could give no salts
f,ctory account Of themselves.
GOLD.
NHW YoRK, Nov. IL.
Gold closed at the Evening Exchange
at 2427S. -. .. .-..
GUERRILLAs OPERATING IN VIRGINIA.
-a WASHINGTON, Nov. IL.
Loudon county, Virginia, Is soverrun with
guerrillas, and many dePredStions are com
mitted on pesceeble citizens.
Not long ago one hundred and fifty men
dashed across the Potomac at Hollands
Ferry, five miles east Of Point of Rocks.
They reached the Baltimore snd Ohio Rail-
road, robbed some storehouses, and we're in
the act of tearing up and destroying the
railroad, when theiLoudon Rangers spring
ing upon them, a warm engagement ensued.
The hangers lost one killed, two wounded,
and six prisoners in running fight. The
rebels buried four men in Leesburg, and
carried nine wounded with them through
town.
EHW AND IMPORTANT DECISION.
A case was decided to-dayin the District
Court in relation to promissory notes signed
BY intoxicated persons. Chief Justice Car
ter said that in the case of q security the
note would be clearly void, drunkenness
being temporary insanity. The verdict Of
the jury was given accordingly.
Saturday Nights Report.
THE OAPFURE OF PLYMOUTH, n. G.
BALTIMORE, November u.
The American has dispatches dated Roam
oke Island, November I'd, wherein after
an account of the destruction of the rebel
ram AIbemarle by brave Lieutenant Cush-
ing, the writer gives the following partieu-