The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-08-08
Aitllmond 1ispatrh,
II G IN nd Observation-Disclosures
Bureau-Thc Convention.
OF The New York Herald

Correspondence Ol the NeW York Herald.
RICHMOND, August ], lsGG.
\ wealthy firm in this city, which was
largely Interested with the late rebel 60
vcrnmcnt in the blockade bust
ness, wound up the operations Of the con-
cern i'll u manner to augment by some
hundreds of thousands the enormous pro-
hts derived from that business. 1t appears
that upon the fall of Wilmington fonr of
the blockade running steamers then ut the
port Of ST. George, Bermuda, were taken
by member Of the firm, who was acting
agent at that point, to Rio Janciro, and
sold al high price. The proceeds went
into the pockets of the partners in the
concern, since the rebel government was
no longer an entity to which an account Of
sales could be rendered, or share OF the
proceeds given. The government was I'M
dcrStood 10 be interested in these steam
crS to the extent of thrcc-fourths, but the
dissolution of that concern made the mo-
nopoly of the whole amount realized from
the sales necessity with the Richmond
partners. The Federal Government are
rcsiduary lcCatcCS TO all the assets, credits,
ETC., of the late rebel firm, and it might
be well that they would obtain from NAL
lory, the rebel cX-Sccrctary of the Navy,
all the facts connected with the transac-
ton. | understand the parties here make
out that the rebel government were in
their debt to the extent of the sum real
lied from the sale Of the steamers, of
course. Let Mallory be required to give
the facts in this matter. The parties claim
ing this monopoly accumulated millions by
their partnership i'll the blockade running
business. Whatever information Mallory
NAV lack will no doubt be furnished by
Scddon, tho cx-Sccretary Of War of the
rebel government.
THE FREEpMEN'S ErREAr.
The existence of the Frcedmen'S Bureau
at the South is undoubtedly the greatest
curSc-ncXt, perhaps, to war-that could
he inflicted upon both whites and blacks.
1t is positive nuisance, and is, of course,
inflicted as such.
THE PHILADELPHIA CoNNENTIoN.
The only obstacle to harmony in that
body which is now apprchcndcd will be III
all endorsement of the war policy and
culogv OF the services OF the army aud
navy of the United States, which must ae
offered in Difference to northern sentiment.
Upon these questions the southern dclcga-
tions would be compelled to vote no, and
to this extent the harmony Of the C"lvcn-
ton would he jcopardizcd. have good rca-
son TO believe thai effective means viii be
resortcd 10 in order 10 obviatc this dliii-
Guilty. The southern delegations will avoid
bcingprc>ent when the votes are takenup"n
these questions. They are perfectly willing
that the northern dclrratrS shall do eve
rything that, irthcir opinion, will best pro-
mote the success of the Conservative party,
provided. only that they arc not required To
compromise themselves 10 the extent that
au affirmative vote on the endorsement OF
the war policy Of the Government would
do. Ii is understood that the southern
delegations will meet in conference and
appoint spokesman, who will inform the
Convention oi the difficulty in which the
southern delegates would be placed by
being called upon to vote upon questions
Of the character referred 10, and OF Their
purpose TO absent themselves pending the
vote upon them. But the Convention viii
hc assured that in any measure or policy
they may adopt the South will he heart
and soul with them. The war issue is de
luucl any way, and its endorsement is but
mere formula, to which southern dissent
would be Il matter OF course. lhc South
will sanction almost any extreme measures
which northern delegates may deem II
necessary To adopt III order to defeat radi-
calsm. 1t is probable that the southern
delegations will take no active part in the
proceedings of the Convention, but leave
all in the hands Of the northern men.