The New York herald., 1865-01-06
The Pension Appropriation Bill Passed
by the Senate.
Debate in the House on the Depre-
citation Of the Currency.
The Now York City Railroads and the
Internal Revenue Law.
THANKS TO GEN. SHERMAN AND MS ARMY,
&c., &C., &c.

WASHINGTON, Jan. s, 1855
SECRETARY STANTON GONE SOUTHWARK ON MPoB
TANT OFFICIAL BUSINESS.
Tho Secretary OF War has gone to Fortress Monroe
Hilton Head and Savannah, TO consult with Generals
Grant, Foster and Sherman on important relating
20 the service The supplies and exchange of prisoners
che organization Of colored troops raising the blockade
of Savannah aud opening to free trade the seizure Of
rebel property and products will be among the subjects
D. consideration.
THE TRADE WITH THE REBEL STATES.
Major General Candy, in letter on the subject Of
trade with tie insureclonary States says If 1t s
carried on in the anncr and to the extent claimed by
the spccuators who sw control IT, the inevitable result
I'm his Judgment will be " add strength and efficiency
90 the rebel armies east AMI wes Of tho Mississippi
equivalent TO an addition Of fitS- thousand men, and
will stimulate into active opposition 70 the successful
prosecution Of operations at least ten ousand men
within our lines Cotton spectators In tie Mssis
eippi valley have prospective hope to have an
actual interest In every bale OF cotton within
the rebel lines. They know that expeditions
into the cnemys country are followed by the
capture OF cotton It's destruction by the rebels pre-
vent falling into hands Hence II Is 10 their inter-
est 10 give information TO the rebcs OF every conem
plated movement. He has not sent expedition 10 the
enemys lines without finding agents Of this character in
communication with tho rebels, giving them information
regarding movements and nearly every expedition
has boen foled TO extent In OF ts objects by
Information communicated. He has several
specuIstors, captured In the enemy's country
awaiting trial for giving Information TO the
enemy; but the punishment Of these
Ia no compensation for the evil they have occasoned
and will not secure from future disaster from the
cause The rebel armies and OF the Mississippi
have supported mainly during the past twelve
months by the unlawful trade carried upon that
The city Of Now Orleans, its occupation by
forces has contributed the support Of the rebel
army 20 tho purchase and equipment Of prvaeers
chat arc prcying upon commerce, and more 10
maintain tho credit OF the rebel government
In Europe, than portion OF the country with the single
exception OF Wilmington General Candy makes this state
tnent from evidence He does not doubt many OF the
engaged In ac OF the produce or the nsurrec
tonary States are loyal honorable men but he docs
know that many OF tho intermediate agents employed
are chor rebels unprnciplod men, or actuatod only
by the instincts OF gain lie now has papers In relation
90 the contracts made by English houses In Mobile for
she expectation OF two hundred thousand baIes Of
cotton by tho way Of New Orleans tho condition
or the salc requiring the payments TO bc made
in supplies in gold or in foreign exchange The net
profits Of these transactions estimated by the contrao
themselves at $40 00o and Il Is easy TO how
much zeal will be evoked by profits Of this magnitude
He cites this Of many instances which have
under his obsorvacn and show character Of the
transactions In the Mississippi valley, indicating the
means by which our laws evaded, and how the
emount duo the rebel government is converted into
Foreign exchange numerous class follow in the track
of the army traffic In s blood aud betray the cause for
which IL fought, with all the baseness Of Judas Tsca-
sos but without his romorsc. THO letter. OF which the
ssevs ~ sbsrsc. was today referred W the Houss