The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-03-29
AN IMPORTANT LETTER FROM THE


Chairman of the Ways and Means
Committee in the United States
House of Representatives, q letter
dated last Friday, in which he says
that unless Congress should grant
additional powers to the Secretary,
cit will be very difficult, if not i'm
possible, to fund the interest-bearing
notes, and that he regards it "as
matter of the greatest importance
that the powers of the Secretary
should not be strictly defined"
If, for example, the Secretary
should be prohibited from selling
bonds below par, it would be easy las
the market in the process of funding
must be libecally sHpplied) for the
enemies of the Government to form
successful combinations for keeping
the bonds at such price as would
prevent the negotiation of them. On
the other hand, if the authority of
the Secretary in this respect is not
limited, no such combination would
be likely to be formed.
In my opinion, the best way Of
keeping the bonds at premium, will
be to leave the Secretary unrestrain-
ei in the sale of them Against an
unrestrained power it would be diff
ficult to form successful combina-
tions. A limitation of the authority
of the Secretary in this respect would
be very likely to prevent funding. I
do not, therefore, favor such hmi-
tation, and should regret to have the
committee responsible for it,
In regard to the other important
feature of the bill, the authority to
withdraw United States notes, have
merely to remark that 1 conceive it
to be of vast importance to the bust
ness of the country, the welfare of
the country, and the credit of the
nation, that such financial policy
should be adopted by this Congress,
as will prepare the way for return
to specie payment. When this can
be brought about, will depend upon
the condition of national industry
and the trade relations between the
United States and foreign nations
1t Is not desirable that specie pay
ments should be restored, until that
restoration can be made permanent
by increased industry and a proper
adjustment of the trade with Europe.
The tendencies now are all in the
right direction, and, if they shall be
adjusted by judicious legislation,
shall be hopeful that the currency of
the country may be brought up to
the specie standard without large
reduction of it.
The following is letter received
by the Charleston Courier:
CHICAGO, March 13.-Enclosed you
will find a list of prisoners OF war
who died at Camp Douglas, Chicago,
Illinois, belonging to South Carolina
regiments. For further particulars,
date of death, disease, length of
sickness, location and number of
graves, address
E. S. JORDAN,
Box 2,625, Chicago, Illinois.
J. Breeling, Company d, Oath
South Carolina; Abe Cox, Company
A, 18th South Carolina; E. Edmund
son, Company A, Oath South Caro-
lima; j. F. George, Company Z, Oath
South Carolina; G. Holeman, Com
pany F, 10Th South Carolina; Robert
Mckee, 1st South Carolina Battery;
S. w. Mckee, Company G., Oath
South Carolina; Dove Mayors, South
Carolina Regiment; w. r. Rice,
Company F, Oath South Carolina; H.
l.. Smith, Company r, 18th South
Carolina; William Summary. Com
pany D, Oath South Carolina; F. A.
Zimmerman, Company K, Oath South
Carolina; T. L. Turner, Company F,
10th South Carolina; J. d. Walker,
Company E, Oath South Carolina;
NJ. Wallace, Company 81, Gath South
Carolina.
The above is copied from the
official records, and the bodies can
be disinterred and sent home, if de-
sired. E. S. JORDAN.
From list of the dead Confede-
rate soldiers buried at Newman, Ca,
we find the following from South
Carolina:
J. 8. Saunders, Company d, 25th
South Carolina Regiment; C. D.
Davis, Company G, I'd South Caro-
lima; W. F. Brice, Company I, 1st
South Carolina; r. Willing, Com
pany 81, 7th South Carolina; John