The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-09-23

II "a sratifving 10 know, is mainl ? cash
~ a crsiit equivalent 10 cash. BUYERS. as
--ell a. sellers, give q decided preference to
tins system. They are " in funds" and
haxiue the means 10 pay promptly for their
uurehsses. thew are enhbled 70 make better
selections, snd to cure more prompt ex
erution of their orders, than would be prac-
ticsbIe an asv other conditions. The Gus
to,ne-s 10 whom credit is given are gener-
allv Cd with an average iudulgence Of
sirtv DAYS. though a few OF them, who are
,ecsIieriv sauated, are scc0rded three or
1ou- months grace. Strange as ii NAV ap-
resr- ID i. nevertheless TACT that South
en- buvers come into market as fully pre-
pared with resdy money 10 pay for their
Supplies % sny other class Of purchasers.
Al our lesding merchants confirm this
statement, by q reeapitulation Of incidents
within their own experience.
Am agree that traders from the South
seem 10 have all the money needed by them
Ia q nav their way" with eate, d 10 the
ssfisfaefiou Of the Interested parties. The
. 4ive demand for, and the extraordinarv
hipb uricss Of, cotton, as well as other
Sa1tbern products, is the source whence
most of this noney is derived respecta-
he amount 81 afhard cash, /" boarded during
tbe late war, is also coming to light, ana
being marketed st premium, which is
deemed BY the lucky owners an astonish-
furlv liberal measure Of profit. Very sug-
,est1ve 10 this connection Is the assurance
that comes from the business men Of the
Southern States, that
THE AETE-WAR DEBTs
Will be made good to q degree far surpafs-
ine the antieipations Of even tho most san
ruine Of our merchants. A year o two ago il
would have been deemed incredible that the
south. uuder the most favorable condition
Of thiugs, could pay more than twenty OF
twenty FIVE per cent ofits old indebtedness
Now what are found 20 bs the .sfseis Of til,
CASEY" Very many Of she Southern cities
and towns VIII pay dollar for dollar Of theii
ancient obligations, such as Augusta. Geor.
gia, where toe recuperativs energies Of The
people have surprised even the "oldest in
bshstants." Business IN that great central
city Il the foremost industrial State Of the
South, we are ouihoriiatively advised, is IN
precedenteldy brisk the consequent influx o
popu,atI0n amazing, aud the demand fol
houses aud stoferoOm far beyond anything
ever known in the history Of the place. A
letter from Augusta, dated September 9th
SAYS the magnitude Of the improvement
nov Ia progress IN Augusta can only be CD
ureciated on personal examination No &C
count thai would do justice 10 the subiec
would be credited BY any one who has no
recently seen ''the facts with his own ewes
s'Such energy, we are told, Hwes never seel
before
What is true Of Augusta is true Of man
smother place IN the Southern country. Nel
Orleans aud Savannah viii pay at least &c
ON the dollar Of their old debts. Mobile an
Montgomery VIII return 70@75c. ON ia
dollar. Chsrleston 40(dJ0c. GA the dol a
Pensacola 40a50c. On The dollar, which vii
be the av srags return, we are assured, froI
FLORIDA, Mississippi and South Csroliu,
The interior traders, away from the d, 30
isted tracks Of the great armies, win max
a very hand-ome exhibit. Takingtr bus
neEs meu Of the VII le South, right througl
d is confidently bel eyed that the gener.
sversge re urn from old debts viii be aboy
i0c., and close on 20 Csc, on the dolla
which o le4ding merchsnt Of August
naively hints BE- ''an exceedingly lespectabl
showing, In view Of recent fLancisl con
promise in the commercial metropolis
tbe nHiion." In conf nation Of our ow
statements, we give tho following note irol
the Commercial gency Of Messrs. McKillo
. spFague, embodyiBg the result Of carr
iul examination OF their reeo. de and exteI
sive correspondence, relative 10 this i'm
portant subject OF the liquidation OF ant
war debts.
Debtors from the south are coming Mort
in considerable numbers and sc ting d
claims against them, some By compromis,
come in full, bat the average pas ment
much larger than our merchants anticipated
The State of Georgia has thus far done n
best. The city OF Augusta viii about pc
in full, while savannah viii pay a. least
per cent. Except in the pert Of the Stat
dtva-tated by ehernan's march, the ayel
age will exec ed 80 per cent Many Of th
Augusta merchants took the pFecaution
invest IN sterling exchange during the Wa
and found themtelves rich when the va
closed. : he disposition shown by the South
era debtors 10 pay BE- highly cfeeitabie
them, End Northern creditors have M
them Ga a spirit Of great liberality Ten
uessee is the only S ate thus far which hu
gwen much trouble TO our meTchsnu
Union citizens m some portions Of the Stat
nave attacbed the property of rebels, sue.
them for damages, false imprisonment, &c
and many places have become wholly di.
erganizrd-
Many eouihfn men-ahd some blockad
ruuhers--ilv, sted largely in lands. Thos
they are nov putting INTO the market {,
sale. Having paid fer ihem IN Coai,C
crate money, they can afford 90 fe
them cheap. The conclusion 10 be draw
ON the commercial Intercourse with "a
south is-Commerce is King-not cotton
nor corn, but Commerce; aud tho whol
south. with perhaps the exception o. Texa
b. back lu the Union, resolved 20 remsiI
Texas BE- still IN much confusion, and SON
oi he peope disposed 20 be turbulent. M
tifsiPpi is beginning 10 pay, and except n
rivsr counties, viii probably pay ca svei
age Of eighty per cent. In Alabama N
aNcraEc 81 the whole State viii be as lea
nity per cent, While some OF the large citie
Will 60 much above that. Mobile and Mon
gomery will probably pay an average Z
seventy five per cent.