051obc.
WM. LEWIS, 2ditor and Proprietor_
A. TYHTIRST, Associate Editor.
TER al S.—"Tur. aunt" is published twice a ',reek at
$1.50 a year-75 cents for six months-50 cents for
three mouths—in advance.
HIINTINGDO34 PA.
Tuesday afternoon, April 8, 1862
Our Flag Forever
NOTICE.
, We have not the time nor the incli
nation, to dun personally, a large num
ber of persons who have unsettled ac,
counts upon our books of several years
standing. We shall, therefore, from
day to day, without respect to persons,
place into the hands of a Justice for
collection, all accounts of over two
years standing. All those who wish
to save expense, will do well to give
us a call immediately.
Emanoipation of Slavery.
We have watched with no little inter
est, the debates in Congress, on the
Slavery Question, and, although we do
not favor a great many of the plans
proposed, yet there are some good
ideas suggested by some of the mem
bers of that body. We are in favor of
liberating every slave in the South, if
it is done in 4 proper manner. But to
abolish slavery in this country, and
allow the negroes to seek homes in the
North, just wherever they may see
proper, is absurd and preposterous.—
The consequence of such an act would
be to make the condition of every poor
laboring man of the North worse than
the servile bondage of the slave, be
cause the negroes would flock North
and seek labor at prices far below that
for which the poor white man could
labor. Once set free, the negroes must
shift for themselves, and when bard
pressed, they would work for little or
nothing above their board. _Besides,
the poor white man would soon be on
an equality with the negro, as he would
have to work side by side along with
him, and instead of ruling the market,
the negro would rule it, because he
would work at ruinous prices, and the
white laborer would be compelled to
accept of the prices or allow himself
and family to starve.
We favor the gradual emancipation
as set forth by the President in his
last proclamation to the country, and
would be pleased to see it carried out.
Under the following conditions, we
would favor the abolition of slavery in
every State of the - Union: Let Con
gress provide for the liberated slaves
in the country of Liberia, or some oth
er suitable place, and in the process of '
abolishing slavery, to every true Union
man agreeing to sell, let Government
pay bim a fair price for his negroes.—
The slaves of all those who are in
armed rebellion against the Govern
ment should be confiscated. After
this has been done, then Government
should appoint a superintendent or
overseer, whose duty it shall be to put
the government in working order for
the negroes. After this has been done,
and the colored people are thought to be
fit to govern themselves, they should
then be left to try the experiment. If
they succeed, well and good. If they
fail, then the government ought to again
appoint a ruler, (it matters not by what
name he may be called,) and such other
officers as may be necessary to keep the
machinery of their government in
working order. As the colonized people
become able, they should be required
to pay for the land purchased for them
by the United States, and also the ex
pense of their emigration, &c. This
would be not only just, but fair. Our
government would be doing a humane
and righteous act, and it is fair enough
that it should be paid for it. She
would be giving freedoM to the col
ored race, and taking care of it until
it became able to take care of itself.
What we have written is a brief
idea of how we consider slavery ought
to be disposed of, if it is to be doneaway
with at all.
.-The remains of ten of the gal
lant Pennsylvanians of the 84th and
110th regiments, who fell in the battle
of Winchester, arrived at Harrisburg
on Friday. The bodies were embalmed
and carefully confined in neat coffins.
The names of the deceased are Col
ledge, Croft and Ferguson, of Hope
well, Bedford county; Ilomersbaugh,
of Philipsburg; Kimberlin , of Cambria;
Everly, of Tyrone; Leibrick, of Jer
sey shore; Prosser, of Bloomsburg;
Heilerman, of Hollidaysburg; and
Kuhn, of Humesville.
The remains were conveyed by rail
road, to their friends.
itEr Govornor Curtin has directed
Winchester, 23d March, 1862," to be
inscribed on the flags of the 84th and
110th Regimen t
SECESII DOCUMENTS.—We have re
ceived from Sergt. Robt. Stewart, sev
eral Secesh letters he captured in a
maitat Winchester. One contained a
Secesh song, which we wilt publish,
just to let our readers see what they
think of the Yankee President. Also,
a button cut off a Secesh Captain's coat.
We have also seen several Secesh
documents sent by Mr. Stewart to Ex-
Sheriff G. Miller. Among them was a
written furlough for Capt. Shenk, of
company H, 33d Reg. Va. Vol.; also,
the Captain's diary, from the first of
January to the 21st of March, 1862.
lie had written " Saturday, March 22,
1862," but Lad not noted down Satur
day's proceedings. Also, a letter from
a Mrs. Jones to her husband, in Capt.
Shenk's company. She speaks rather
disparagingly of the success of the
Southern cause, and says, " I do not
write this to 'discourage thee, but am
dealing with plain facts." In speaking
of the "Yankees," she says she is not
afraid of personal violence from them,
but she can't see how she is to get
along if the Yankee soldiers invade
the town in which she lives. We in
fer from the tone oilier letter, that her
means were about exhausted, but as
long as the Yankees stayed away, she
could rely upon the charity of her
friends.
THE LEADERS of the rebellion must
be men of extraordinary powers of
mind and will, not to become discour
aged at the many difficulties and ob
stacles they have to contend against.
We learn by a telegram, that the forces
of the rebel General Jackson, com
posed principally of impressed men,
have refused to fight us; and not
merely that, but have expressed a de
termination to fight their chivalric
leader, should he endeavor, by force,
to convince them of the error of their
ways. This state of affairs must be
harrassing to the Stone Wall General.
What he will do under the circumstan
ces, is hard to tell. It is time for Gen
erals to quit leading when the people
refuse to follow. The masses of the
people aro now beginning to realize
the dangerous situation into which
they have got themselves, and are de
termined to recant before it is too late.
Dar' The war times have not preven
ted our merchants from procuring full
supplies of Goods.
Fisher & Son have opened a large and
splendid stock of NCR' Goods.
Jas. A. Brown, has opened a heavy
stock of Hardware.
D. P. Grin, as usual, has opened a
large and splendid lot of New Goods.
S. S. Smith's store Is crowded with a
large stock of New Goods.
M. Gutman has a full stock of New
Spring Goods.
Lewis has increased his stock of Wall
Paper—adjoining counties can be sup
plied.
11. Roman has received a fine Stock
of Spring Clothing. •
Robt. King has just received a fine
assortment of cloths, cassimeres, and
plain and fancy vestiugs, which he is
prepared to make up to order.
KOLLOCICS DANDELION COFFEE.—For
two weeks we have been using this
article in our family, and we must ad
mit that we have been agreeably dis
appointed, never having had much
faith in preparations as substitutes for
genuine articles. It is manufactured
from the best Java coffee,—is recom
mended by physicians as a superior
nutritious beverage for general debili
ty, dyspepsia, and all bilious disorders.
We prefer it to any Coffee we have
ever had in our family. It is manu
factured by N. 11. Kollock, Chemist,
corner of Broad and Chestnut streets,
Philada., and we suppose can be had
at all Druggists and Grocers in the
country. One can contains the strength
of tw a pounds of ordinary coffee.
ADJOURNMENT OF THE LEGISLATURE.
The Legislature will adjourn sine die
on next Friday. An effort has been
made to extend the time of final ad
journment, but a majority of members,
thus far, have opposed remaining in
Harrisburg any longer.
The repeal resolutions were to come
up in the Senate to-day.
GOVERNMENT HORSES.—The last of
the lot, some fifty, we suppose, were
shipped to Harrisburg on the cars on
Monday, to be disposed of there by
public auction, some to farmers who
raise colts, and others to the bone fac
tories. The poll-evil poney,soold that
its age could not be told, was amongst
the number, not worth the amount it
cost to take him to Harrisburg.
IMPORTANT. -If the ladies, supposed
to be teachers, who purchased three
books and award cards at Lewis' Book
Store, on Thursday the 3d inst., will
call again when convenient to be in
town, or write to us informing us of
their locality, they may hear of some
thing to their advantage. tf.
PROMOTED.—The many friends of
Dr. H. K. Neff, will be gratified to
learn that he has boon promoted from
Assistant to First Surgeon of the Bth
Regiment.
pie. Our April Court commences on
Monday next. We hope to receive
friendly calls from many of our friends.
PHOTOGRAPH ALBUMS—How and im
proved styles—just received and for
sale at LEwTs' Tlook Store
S k.. An assortment of Card Photo
grardts at Lewis' Book Store
Our Army Correspondence.
WINCHESTER, VA., March 30
EDITORS GLOBE :-I am fully aware
that the news of our late battle at Win
chester has been fhished over the tele
graph wires to you, long ere this; but,
nevertheless, I thought that perhaps a
letter from an eye-witness of the battle
ground, might not be uninteresting.
Our Regiment (110th Penna.) lay
about four miles north of Winchester.
We had been frequently called out to
meet the enemy, but could not come
up with them until last Sunday. We
were ordered out on themoening of the
sante day, and marched to Winches
ter, when we were ordered to load and
leave our blankets, coats, &c. We
were then ordered to move forward,
and, after going about ono mile, dis
covered the enemy. The artillery
planted their batteries in a field, and
the infantry crossing over, in order to
secrete themselves behind a stone
fence on their left wing. We could
not, at first sight, discover many of
them, but as we went to charge upon
them, we discovered their numbers,
and threw ourselves flat on the ground,
in order to let the first volley pass over
our heads. After the first volley we
rose and poured in our fire upon them
with telling effect. After continual fi
ring for about two hours, we had the
pleasure of seeing the enemy give way,
and soon the rout became gene•al.—
We pursued them until darkness hid
them from our view. Next morning
I walked over the battle ground, and
such a sight. Mangled remains of
men. Horses were to be seen in every
direction. In many places the enemy
were lying so thick that one could
walk for rods, by stepping from one
body to another. But as the regiment
was still in pursuit of the rebels to
ward Strasburg, I had to leave the
tragic scene and follow on. For eigh
teen miles of the road we found the
dead and wounded of the enemy. Our
artillery was shelling them most all
the way, as they were retreating.—
But as we could not catch them, we
retraced our steps and came back to
Winchester, where we aro now en
camped, while fresh troops are still in
pursuit. Yours respectfully,
WM. T. McCoy,
Co. B, 110th Regt., I'. V.
WAR NEWS.
FROM ISLAND NO. 10.
Official Dispatch from Flag Officer
Foote—A Hazardous Feat—An Ex
pedition from the Union Fleet Cap
tures a Rebel Fort—The Force Spike
the Guns and Retire 'Without Loss.
WASHINGTON, April 3
U. S. FLAG STEAMER, BENTON,
OFF ISLAND No. 10, April 1.
To Hon . Gideon Welles, Secretary of the
hazy:
Last night an armed boat expedi
tion was fitted out from the squadron
and the land forces at thispoint, under
the command of Colonel Roberts, of
the 42d Illinois Regiment. The five
boats comprising the expedition were
in charge of first master J. V. Johnson,
of the St. Louis, assisted by fourth
master G. P. Lord, of the Benton,
fourth Master Pierce, of the Cincinnati,
fourth Master Morgan, of the Pittsb'g,
and master's mate Scoodle, of the
Mound City, each with a boat's crew
of ten men from their respective ves
sels, carrying in all one hundred men,
exclusive of officers, under command of
Col. Roberts. At midnight the boats
reached the upper or No. 1 fort, and
pulling directly in its face, carried it,
receiving only the harmless fire of two
sentinels, who ran on, discharging their
muskets, while the rebel troops in the
vicinity rapidly retreated, whereupon
Col. Roberts spiked the six guns moun
ted in the fort, and retired with the
boats uninjured. The commanding of
ficer represents all under his command,
from their coolness and determination.
as being ready to perform more hazard
ous service had it been required to the
fulfilment of the object of the expedi
tion.
I have the honor to be, very respect
fully, &e., your servant,
A. 11. FOOTE,
Flag Officer.
Interesting from Fortress Monroe.
FORTRESS MONROE, April 2.—The
weather to day is clear and pleasant,
and everything is progressing in the
most satisfactory manner.
The rebels fired several shots from
Sewall's Point last night on the trans
ports in the harbor, some of the shells
falling within fifty feet of a vessel
loaded with horses.
A reconnoissance was made from
Newport Nows, yesterday, to Watt's
Creek, a distance of nine miles. The
enemy appeared, 3,000 strong, and
opened with cannon on our forces; but
the balls passed entirely over them.—
Our batteries were immediately got in
position and opened on them, when
the entire rebel force broke and fled,
fording the creek in great confusion,
and keeping out of range. The object
of the reconnoissance being accom
plished, the troops returned. The
whole country through which they
passed, formerly the garden spot of
Virginia, has been devastated, and but
one house is left standing. The houses,
fences and trees have been burned by
the retreating rebels.
A' second reconnoissance was also
made yesterday to Big Bethel, where
the enemy was found to have returned
and occupied the earthworks in force.
On seeing our scouts, the rebels threw
shells into the woods occupied by our
troops on the previous advance; but
as they were unoccupied, no damage
was done. It not being the purpose
of the advance to engage the enemy,
no response was made to the guns.
Beauregard Reported to Have Been
Outwitted.
Rebel Army at Corinth Outflanked and
Obliged to Fall Rick.
NEW Yottic, April s.—The New York
World, in an extra, says that private
information derived from a responsi
ble source has reached here, that Beau
regard hap been outflanked in tho po
sition his rebel army occupied near
Corinth, Miss., and was obliged to fill
back ; and also, that a heavy body of
United States troops had got in be
tween the enemy and the city of Mem
phi-A, not far from thc , Missisqippi. thus
f T "'
cutting off communiation and retreat.
" Glorious news," adds the Mild,
" may be expected from that quarter
in a day or two."
Latest from M'Clellan's Army.
WAsnisarms, April 7.—The Fortress
Monroe boat, which arrived at Balti
more this morning, brings information
from the neighborhood of Yorktown
up to Saturday afternoon.
Shipping Point bad been taken by
our troops, and other places on the
route, formerly occupied by the rebels.
Some skirmishing and cannonading
had taken place bOtween the .outposts
of the enemy and our forces in which
three wore killed of the Massachusetts
and Rhode Island Regiments, and seven
were wounded, all of the Massachu
setts battery.
Federal Troops at Shelbyville, Tenn.
[Special Despatch to the Bulletin.]
WAsursoToN, April 7.—Telegraphic
advises have been received here, an
nouncing the arrival of part of Gen.
Buell's army at Shelbyville, Tennessee,
and stating that they were welcomed
with great enthusiasm by the citizens.
Shelbyville is the seat bf justice of Bed
ford county, and is fifty-nine miles
southeast of Nashville, with which it
is connected by a railroad. It is only+
about fifty miles from the Alabama
line.
Parson Browniow and the Southern
Confederacy.
[From the Cincinnati Commercial, of April lat.]
Monday morning Parson Brownlow
met some thirty Methodist preachers
at the Methodist Book Concern, and
made a brief speech. He knew only
three Methodist preachers who were
loyal. Bishop Soule condemned the
rebellion ; he did not dare to do more,
because he would be hung, old as he is.
The Bishop had to swear to support
the Confederacy. Mr. Brownlow said
the Southern churches were ruined for
good. Union people would not hear
Se - cession preachers, nor Secessionists
those who were loyal.
He, the speaker, owed his escape to
the protest of his friends in East Ten
nessee, (which is Union five to one,)
and to the political civilian leaders of
Tennessee, saying if he (Brownlow)
was kept, twelve of their leaders would
be sacrificed. his wife and children
were detained as hostages for his "good
conduct." Retold his wife to make up
her mind to be executed, as ho should
certainly speak and write against the
Confederacy.
The worst men, he remarked, in the
Southern Confederacy are Methodist,
Baptist, Presbyterian and Episcopalian
preachers. They drink and swear
week days, and preach Sundays.—
When they became secesh they bid
farewell to honesty, truth and decency.
The Confederacy originated in lying,
stealing and perjury. Floyd did the
stealing, the common masses the lying,
and fourteen Senators from the Cotton
States the perjury—the latter class
while still retaining their seats in the
U. S. Senate, and making a pretence
of observing their &flits, bitt at night;
till twelve o'clock, holding secret meet
ings, sending despatches to their re
spective States to pass ordinances of
Secession, to seize forts, &e.,
Among other instances illustrating
the spirit prevailing among the South
ern clergy, Mr. Brownlow said that
the pastor of the First Presbyterian
Church in Knoxville called a union
prayer meeting to pray that Burnside's
fleet might sink and the blockade be
raised. The same minister had said
that he would rather use a bible prin
ted and bound in hell than one from
the North. Also, that Jesus Christ
was born on Southern soil, and that
all his apostles were Southern men, ex
cept Judas Iscariot, who was a North
ern man. This was said openly, from
his pulpit, on Sunday.
Mr. Brownlow is of opinion that
there are better men in the place where
the Presbyterian parson looked for his
next edition of the Bible, than the
Southern leaders. Ire had seen good
men taken out of his prison in knots.
and one by one, and hung—fathers and
their sons. He was of opinion that it
was time to hang on our side.
Mr. Brownlow intimated his inten
tion of going back to Knoxville to re
establish his paper, which he had edited
for twenty-five years, and which had
more subscribers than all the papers in
Eastern Tennessee combined.
Conviction and Sentence of a Newspa
per Publisher for Violating the
Laws of War by Publishing Milita
ry News.
Edmund Ellis, publisher of the
Boone county Standard, was tried be
fore a military commission at Columbia,
Missouri, on two charges, viz :
First Charge.—The publication of
information for the benefit of the ene
my, and encouraging resistance to the
Government and laws of the United
States.
Second Charge.--Violation of the
laws of war by the publication within
the lines of the troops of the United
States, in a public newspaper, of arti
cles and information intended and de
signed to comfort the enemy, and in
vite persons to rebellion against the
Government of the United States.
One of the criminal publications was
styled "Letters from the Army;" an
other, " Root Abe or Die," and the
third, " News from General Price."
The commission found the prisoner
guilty of the charges and specifications,
and sentenced him "to be placed and
kept outside the lines of the State of
Missouri during the war, and that the
press, types, furniture; and material of
the printing office of the Boone county
Standard be confiscated and sold for
the use of the - United States.
General Italia& approved the find
ing and sentence, and directed the
printing office to remain in charge of
the quartermaster until further orders ;
that the prisoner be placed outside the
State of Missouri, and that, if ho re
turns during the war, without permis
sion, he be arrested and placed in close
confinement in the Alton Military
Prison.
The proceedings being returned to
the War Department, they were ap
proved by the Secretary of War, and
an order issued that the form of pro
ceedings should be adopted, in like
cases, by the 'commanding officers of
all the military departments.
COUNTERFEIT DETECTORS, for sale
regularly, at Lewis' Book Store.
(From the Congressional Globe.]
" AVAstirNaTom, Dlureli 4, 1862
. . .
Mr. Blair of Pennsylvania, presented
the memorial of John Dougherty of
Huntingdon county, Pa., submitting a
proposition for providing revenue with
out resorting to additional taxation."
We have, by request, altered from
the personal to the plural, in order that
such of our readers who concur in the
memorial, may subscribe and forward
for the consideration of our Senators
and Representatives. We ask for it
an attentive perusal. Mr. D. has de
voted much thought to - this subject.—
The result of his views he has embodied
in a pamphlet, styled " The Treasury
Note," a few copies of which can be
procured at this office.
To the Senate and house of Representa
tives of the United States in Congress
assembled :
The memorial of the subscribers, cit
izens of—County and State of—
respectfully represent that, in their
opinion, it may be inexpedient to resort
to direct taxation or additional taxation
of any kind, in order to provide reve
nue wherewith to liquidate either the
interest or principal of the National
indebtedness!
Direct taxation for National purpo
ses, if once resorted to, must continue
for many years! In the meantime gov
ernment will (with us as with most na
tions,) become profuse in its expendi
tures, and like certain of these, there
will be " taxes on every thing produced
at home, or brought from abroad, taxes
on the raw product and taxes on every
fresh value added to it, by the industry
of man ! whilst revenue officers ! excise
officers ! and their retainers will germi
nate corruption, and hold out tempta
tion to corruption which our republi
can virtue will be unable to resist.
Therefore if it be the duty of govern
ment to protect with its genius the
public morals—to seek the security of
all—to guard the weak against the
strong—to regulate the eternal labors
of society, and make liberty common
riches, and not the patrimony of the
few, this may, to a considerable extent,
be accomplished by transferring the
care of bringing together, the wealth of
to-day and that of to-morrow from in-'
dividutils to the State, and thus render
(that instrument of labor)—money, ac
cessible to all those who carry their for
tunes in themselves; annihilate the ty
ranny of usury ; place the regenerative
principle of public prosperity above the
reach of selfish cupidity; stay the still
augmenting drain by which the pro
ducers and manufacturers of this coun
try are rendered tributary to European
bond holders; preserve the people from
long continued and oppressive taxation;
make provision fi - tr payment of the
whole National indebtedness—and cre
ate a fund wherewith to ransom four
millions of slaves; disarm treason; re
store repose to the country; open up
illimitable fields of enterprise for the
remunerative employment of all those
sent to fight the battles of the Union;
many of whom ere long, will be with
out work, should Congress fail to make
provision therefor!
Your memorialists respect fully repre
sent that a single change in passing
from an erroneous measure of value to
a just one, would modify more power
fully the destinies of this Republic
than the loss or gain of a hundred bat
tles if waged for the ascendency of
either slavery in men, or that other
system of oppression (both of which,
together with our language, literature
and laws) received from Great Britain,
and by which capital controls labor as
effectually in England as in South Car
olina!
Your memorialists, therefore, submit
for your consideration—the issue of
Treasury Notes; to be loaned to the
States, and by these to counties, public
improvements, and on productive real
estate, and for giving employment in
rendering productive, the agricultural,
mining and manufiteturing interests
throughout the Union ; making the
State financially what it is in fact—the
depository of all fortunes—the treasu
ry of the rich—the banker of the poor.
A currency having the whole Na
tional wealth for its base, in the opin
ion of your petitioners, would be more
stable and better adapted to maintain a
continuous exchange of the products
of labor and capital than a part there
of, (coin being a very small part,)
namely, as three hundred millions are
to fifty thousand.
Money serves to spread the Nation
al wealth by circulation as blood cau
ses life to flow through the veins; and
if in due proportion to the demand,
there would no longer remain a single
stagnant product or an unoccupied arm!
In the human body we perceive an
organ—the heart—giving energy to
the brain, motion to the body, and
strength to the arm. Here is revealed
in the mechanism of thehuman body what
is wanting in the social system, namely,
an organ capable of causing lifi3 to
pulsate throughout every vein and arte
ry of the body politic !
By the Auditor's Report to the Leg
islature of Pennsylvania, the aggregate
banking capital in the State (Pennsyl
vania) on Nov. Ist, 1861, was $i6,135,-
629 27, Deposits $26,573,685 83, Dis
counts $46,573,685 83, Specie $11,464,-
599 13, Circulation $16,384,643 71, be
ing, perhaps, one-tenth of the banking
capital in the United States on that
day, and equal to about $261,000,000 of
capital! Specie $115,000,000! Circula
tion $163,000,000 I Deposits $265,000,-
000 and Discounts $465,000,000 !
From these figures it will be seen
that to maintain the continuous ex
change of the products of capital and
labor (in which consists the life ofmod
ern societies) there was, Nov. 1, 1861,
a bank circulation of about 8163 mil
lions;Discounts to the amount of 8163,-
000,000, and 8265,000,000 of Deposits;
or, in the aggregate, $802,000,000 of
Circulation; Deposits and Discounts
dependent on $ll5 millions of Specie ! li
able to be within at any hour, to moot
foreign demands, pay depositors, and
redeem circulation! and withdrawing
from manufacturers—bank accommo
dations 4 nation of thirty millions
of people (with capacity, by means of
labor-saving machinery, to do the work
of six hundred millions) dependent on
precarious and, perhaps, usurous facili
ties; liable to be diseontirawd and
whenei'ec withdrawn !! ! throwing out
of employment so many thousands !
What anguish is endured by the multi
tude deprived, at the same time, both
of food and employment!
By means of a currency, such as gov
ernment may create, (almost without
cost,) those disorders may henceforward
be prevented; the people no longer de
pendent on an 'unhealthy circulating
medium, will bound earnestly into a
life of industry ! The earnings on cir
culation and the hire, or rent derivable
from loaning the Nat - foliar credit, Will be
for the general interest, and not fOr the
advantage of the few; therefore with
the payment of the National debt will
arise the ability and advantage of les
sening the rates of interest. Govern
ment can never become a Usurer!
Great Britain borrows money at
three per cent. per annum, to pay in
terest on a debt perhaps never to be
paid! At this rate, the General Gov
ernment can afford to loan money (the
Treasury Note !) Capitalists of Eu
rope will prefer investing in your three
per cents, certain to be paid within a
few years, to investing in the National
debt of Great Britain, perhaps never
to be paid I Your own citizens will,
from the double motive of patriotism
and interest, discriminate in favor of a
three per cent. investment (interest
paid semi-annually,) rather than hoard
dead wealth.
The estimated National indebted
ness on the first of Tilly, 1862, may
amount to nearly one thousand mil
lion of dollars, bearing six per cent.
interest, equal to sixty (60) million's
annually. To meet these sixty mil 7 '
lions, your petitioners recommend a
loan to the several States, of one
thousand millions of dollars in Treas
ury Notes, to meat the demands of in
dustry (as these may from time to time
require such facilities); these notes re
deemable in coin or in three per Cent.
bonds (at the option of Government),
and re-imbursable at the rate of six per
cent. per annum, would produce ninety
-
millions! One third thereof (30 mil
lions) would enable government to pro
vide coin, and also pay interest on so,
much of this currency as should have
become invested in three per cents,
leaving sixty (60) millions to meet in
terest on the National debt.
Your memorialists' therefore, submit
that should but one third of these notes,
remain in circulation, the earnings
from this source alone would, in one
generation, pay the principal, but When
it is considered that in six years, one
half of these National issues would be'
withdrawn froth, circulation to pay in
terest and re-imbursments; and also
that the 'increase in population, pro
gress of cultivation, and the useful cal
ployment of the industry all, would
necessarily require large annual re-is
sues, it will readily be perceived that
the earnings therefrom would• enable'
this present generation to ransom every
man, woman and child held in Slavery in
America, and' liquidate Whatever 'sum
may be required to indemnify South
ern planters, and thus restore repose
to, the nation, by emancipating indus
try and thereby disarming treason.
Your memorialists would respectful
ly state, that under the most approved
system of individual and corporate
banking in the several States, United
States and State stocks form the prin
ciple security for their circulation !
Under time plan proposed, each individ
ual would hold United States securities
in proportion to the circulation held by
Your memorialists beg leave to rep
resent that the present paper circula
tion of this country is, in reality, a
loan from the people without interest !
It is, in their opinion, the duty of gov
ernment to manage and control this
loan, and furnish the paper circulation
for the benefit of the public, and not for
the advantage of thefew. •
Your memorialists cannot perceive
the public advantage that has accrued
to the industry of the nation, by the
line of policy which enables a hanker
to receive Ti per cent. per annum front
the Government, and seven per cent.
from the manufacturer to whom he
loans this national currency (for which
the Banker pays nothing.) This sys
tem of finance, whilst it makes money
dear and places it in few hands, costs
the nation on one thousand millions 1.4
per cent, per annum, or upwards of one
hundred and forty ?trillions annually.
which, if saved (to the people) would,
in the next seven years, amount to one
thousand millions of dollars !
Your memorialists believe that with
the adoption of a currency which,
giving the endorsement of government
to the products of capital and labor
expended in mining iron and opening
out farms would, to a considerable ex
tent, prevent the (now necessary) waste
of labor and capital in burrowing for
gold to be used as coin. Whilst the
investment of much of the capital now
used in Banking, in works of general
advantage, together with large sums
heretofore paid for usurous discounts,
would give useful employment to the
industry of all, and aid in building up
in this New World, the palace of an
industrious, commodious, civilized, so
cial life, and thus redeem passing ca
lamities by immortal services !
In conclusion, your petitioners be:: ,
leave to say that the currency of civil
ised societies is paper, by width the
products of capital and labor are ex
changed ! Specie, on the contrary, is
used to barter articles of value for
other articles of value, and is the rep
resentative of distrust! Whereas, The
Treasury Note is the symbol of confi
dence—of Union—and that its adoption
by the National Government will serve
to ransom future generations whose
destinies are in our hands, from that
double servitude under which so many
generations have perished miserably
crushed ! All of whichis respectfully
submitted.
Affairs in Eastern Virginia.
Northern men, whose energy and
enterprise had made the barren bor
der of Virginia bloom and blossom like
the rose, but who were driven from
their new homes by the old niggerfais
ing population of the State, are re
turning to scenes of desolation ; but,
in conjunction with loyal men who
could not escape, they will soon forma
strong Union cordon in Northern Vir
ginia. The latest adviees speak of the
good feeling exhibited by the people in
the Valley of the Shenandoah towards
our advancing troops. Mr. Upton
writes to Washington city, from Fair
fax county saying:
. _
Secessionists in your city, by spread
ing fhlse reports, arc endeavoring to
deter Tinian men from returning to
their homes in Fairfax, but the effort
q ill be in vain, for they aro daily coin
ing back, and, what is more, they are
kindly greeted by their Secession neigh
bors, who look to them now for protec
tion, and who admit that Virginia has
been guilty of the greatest folly, and
that secession is " played out."
All along the country bordering the
lower river there is a great deal — of
Union sentiment, not only among,the
inhabitants, but among the troops,
many of whom have been impressed
into the service. Some fifty of the men,
who had eluded the resuming bands of
cavalry, and have thus far escaped be
ing impressed into the service, are re
ported by their families as being some
where in the forests getting out timber
for a raft, on which they will attempt
to make their escape.
Captain Hamilton has been miles up.
the Yonghicomico, and has conversed
with as many as a hundred of the peo
ple, who treated him with the greatest
cordiality, and expressed sontimenta of
loyalty. They say that they only want
the protection of the Government, and
that when the flag is hoigted again- in '
that section hundreds will flock to it.
They state that when the militia 'was
being drafted, many of the men ex
pressed a wish that a gunboat would
come up the river, in order that they
might seize the opportunity to escape.
They are almost in a-famished condi
tion, the country having been despoiled
of everything in the way of provis--.
ions, &c.
Captain Hamilton has reliable infer , :
illation that Fort - Lowry, of twelve.
guns, on the Rappahannock, has been
abandoned, and that the -river is 'en
tirely free, from the Mouth the'toWn,
of Tappahannock,aboutfortyinileSup:
Last week he went , with boat's
crew-np the Youghicornico; and - finding'
a large schooner; tired it. Someof the
inhabitants afterwards told him - that
at the time•a squad of rebel .infinitry
were in the woods within 1100 yards.
of him, and that the order Was given
to thorn to fire on the• party, but the
men refused, and told tho•offieei• if, he
fired that they would firo on him. •
Abolition of Slavery in the Distiot,
of Columbia.
The Sonnte on„Thursday passed ft-.
naily the ; bill for the,abolition of sla t
very in the District of Columbia,
an amendment appropriating $lOO,OOO •
for emigration, and it will .be sent to•
the 4 9 us o again for its concurrence.
Below. we present the proccodings on
this important subject,viz : •
Mr.- Doolittle (Rep.,) of Wisconsin
offered an amendment, appropriating
$lOO,OOO to aid in-the voluntary, mi
gration of the persons liberated by the
bill, and other persons of color in the
District, to Hayti, Liberia, or some
other country.
The, amendment was agreed to—.
yeas 27, nays 10, as follows : •
EGE!
Anthony, Rep. Latbani, Dem.
Browning,
Rep: McDougal, Dam.
Collamer, Rep. Nesmith, Dom.
Davis, Union. Sherman, Rep.
Dixon, Rep. Starke, Dem. '
Doolittle, Rep. Ten Eyek, Rep..• •
Foot, Rep. Trunibull, Rep, '
Harlan, Rep. Wade, Rep.
Harris, Rep. Willey, Union.
Henderson, Union.Wilmot, Rep. '
Howe, Rep. Wilson, Rip., Mass.-
King, Rep. Wilson, U., Mo.
Lane, Rep., led. Wright, UOion.
Lane, Rep., Kansas.
12353
Chandler, Rep. Hale, Rep.
Clark, Rep. ' Howard, Rap.
Fessenden, Rep. Morrill, Rep.
Foster, Rep. Pomeroy, Rep;
Grimes, Rep. Sumner, Rep.
Mr. Powell, Dens., (Kentucky,) spoke
against the bill as being an unconsti
tutional measure as well as impolitic,
and an unjust act to the people of the
States.
Mr. Bayard, Dem., (Del.,) conceded
the right of Congress to legislate for
the District of Columbia. fie admit
ted the Constitutionality of the meas
ure, but objected to this particular bill
as being unconstitutional and unwise.
The bill takes away the property of
citizens in violation of the Constitution,
and also mixed up the question of loy
alty and confiscation with the question
of taking property.
The question was then taken on the.
passage of the bill, resulting in its fit
vor by the following vote:
EEM
Anthony, Rep. ' Howe, Rep.
Browning, Rep. King, Rep.
Chandler, Rep. Lane, Rep. Ind.
Clark, Rep. Lane, Rep. Kansas
Collamer, Rep. Morrill, Rep.
Dixon, ,Rep. - Pomeroy, Rep.
Doolittle; Rep. Sherman, Rep.
Fessenden, Rep. - Sumner, Rep.
Foot, Rep. Ten. Eyck, Rep.
Foster, Rep. Trumbull, Rep.
Grimes, Rep. Wade, Rep.
Hale, Rep. Wilkinson, Rep.
Harlan, Rep. Wilmot, Rep. •
Harris, Rep. Wilson, Rep. Mass
Howard, Rep.
131123
Bayard, Den. Powell, Dem.
Carlile, Union. , Saulsbury, Dein,
Davis, Union. Starke, Der n,
dTenderson, Un ion:Willey, Unidn.
Kennedy, Union. Wilson, Union, Ma,
_Latham, Dorn. Wright, Union
McDougal, Dent
NeSmith, Dem
The announcement of ' the result by
tho Chair called forth much applause
from the galleries.
The Senate then adjourned.
Refugees from Richmond.
The steamer King Philip • arrived
from ,the Lower - Potomac last ni,?,•ht,
bringing up four refugees from Rich,
mond and Westmoreland counties, Va.,
who came off from Kinsale on Satur,
day last. They state that the rebels
are pressing every male -betweekthe
ages of 18 and 45, into the service,
and that they had been closely hunted
by the press gangs for a Week or two.:
The rebels have .mostly left the
neighborhood, but- feW squads of
cavalry roam through the country, im
pressing into the service all able to
bear arms. These refugees are natives
of that section, one being an old farmer
named Gandy, and the others young
men engaged in business near him.—
One of the young men has been acting
as the rebel postmaster at Kinsale.
The refugees give the following . as
the ruling prices lately in that vicini
ty; Coffee $1 25 per pound; sugar 40
cents; salt, (fine) $6O per sack, and ta
ble salt put up in half gallon sacks,
$1 25 ; boots to be had only in Freder,
ieksburg, at $l3 50 per pair. They
say that the late rebel papers stato
that the loss Of the United States troops,
in the recent conflict with the Mari,
mac; wlts 1,500 men. , Also, that the
Monitor's shot had no more eilbct on the
sides of the Merrimac than hail-stones.
MB