The New York Herald Newspaper, November 9, 1864, Page 3

NEWS FROM THE SOUTH, THD REDEL FINANCES. Letter from Philip Clayton, of Georgia, Late Assistant Secretary of the United States aid the Rebel Treasuries, on the Payment of the Public Debt, VARIOUS SCHEMES OF REBEL FINANCIERS, Mr. Lincoln’s Re-slection Expected to Improve Money Matters in the South. THE NORTHERN DEBT, Distress and Anxiety of the Rebels at tho Rapid Increase of the United States Public Debt, The Political and Financial Panic at Hand on Election Day. “Confusion Worse Confounded” at the North. ¢ Rebels with Yankee Political Morality; &e., Rebel Finances, ONTERESTING LETTER FLOM THE FORMER ASSISTANT SECREVARY OF THE REBEL TREASURY ON THE PAY- MENT OF THK PUR) IC DEBI. _ [From the Augusta Chronicle.) AvGusTA, Ga., Oct. 18, 1864, My Drak Sin—More than a year ago you propounded to me tho quest. on, bow shall we ever pay our government debt? Krom prudeutial considerations I declined then to discuss the subject. Now that we are in sight of our in- dependence, aud ina nore recent letter from you my at- tention has been called to the promise t made, Io fully comply with your request, believing that the which then invoked my sileace no longer exists. In the settlement with the creaitors of tne government. one rule should be observed, which, in my opinion, willl Temove many, {! not all diificuiuies, and that is to do jus Vico alike to obligor and oblicee. it is tho wisest statesman. whip, the truest philosophy, and (ue vest faith—sauctioned by wisdom, susiained by experience, aud supported by love. It should be the aim of goveroment, the end of society Aud the aspiration of religion—besides the pr Phetic vision discovered it as one of the triune requisites of a min’s duty, when he turned from the vauity oi 8.p- posing that ofeaded biety could be appeased © with thor ‘wands of rams or ten thous: \3 of rivers itor the sa Fifice of his first born,” to the simpler sublimity of Hea- Von's requirement ‘to do justly, aud to love mercy, aud fo waik humbly with God ” In apply ing the rule the true principle, in my opinion, 4s to reduce everything to @ specie basis—in otuer words, whatever relation Confederate money bore to specie at ‘the time the government security was purchased, pre- erye the same relation in the payment of the obligation, Look at my figures aud listen to my ft Congress hus authorized seven loan pa put upon the market as Disgust of } &e., &e. 80 is, and (hey bave oon after the passage of the we Was practicable, 1 think it would be tair and just to assume six moziths from the date of au wuthor- ing @ loau ag the fixed time for ascertaining the relation Detween gold ana Confederate curreucy, i order to dee ‘Yermine what really was paid, at the gold value, for the Security, and consequently what should be paid to the holier jn the gettiement. It required at least that to dispose of any loan which has beea thorized by act of Congress was in May, ly known as the tilteen million loam, was for either in gold or what was thea its ‘equivatent, and this class of creditors should be paid in Ric, dollar for dollar. The other loans were in Augest, i861; May, 1862; February, 1863, April, 1863; Yuary, 1864, and April, ‘I8¢4," bearing interest the pate of eight, seven, six, seven-thirty,. and four per cent. Had I access to the amounts issued under each,and the amountof Trea- Bury votes outstanding, 1t would appeur that the liabili- tes are somewhere In the neighborhood of $1,500,000,000, By converting them into bonds at gold valuation, uncer the rule laid down above, the debt of the government would be reduced to $150,000,000. Sappose you put it at $200,000,000. The goveronent will itn have to provide $12,000 00 annually to pay the interest. ‘There ts another class of creditors that justice requires would be placed upon tue same footing with the holders 9f the $15,000,000 loan. 1 mean the banks. They toaned the governinent $9,000,000 of their notes, thereby ex panding their circulation that amount and incurring an Bbligation to be hereafter redeemed in specie. They should eithor have their notes returned to them for a like amount of Contederate Tressury notes or be furnished with that much gold. It will be right and just to the banks, and beveticial to every individual intereat in the pountry. The demagogue may be frightened at tne idea af excepting what he terms movopolies, but |am yiew- ing the subject from the staudpowwt of even hinded ju Nice, and seek mot to inquire the person or persons ‘6: Mtled to it. From ail this you will observe that what was consider. td almost jmpossible on account of its magnitude—the payment of ihe public debt—assumes a practical shape. Now, jet us apply the rule with which’ we started, does ibis echeme do justice alike to obligor and obligee? By way of an illustration, suppose the purchaser of the yoveroment security was a manutacturer—be sold hi foods at a price for Confederate money, which he would have gladly taken in gold at the relative vaiue it then bore to Confederate currency, it the government bad been able to purchase with gold—i he sald his manufactured articles at a dollar a yard when ten cents in gold would have purchased a Confederate doliar, that was realiy she value of the article sold, and that was all he let the jovernment have when be purchased the goverment 4, This is equaily true of the agriculturiet, the mer- thant, the common carrier, or any one engaged in any dustrial pursuit, If, then, the obligee receives what be gave for his gov- sroment security, be cannot complain of injustice. How ‘wit if be demanas of the obligor all he has promise Will the rule bold good’ Lam not arguing the jegal ii bility, Istrike fora morality bigher than the common jaw in doing justice between a government and « people bound together in @ struggle without @ parallel in bi very, and united, I trast, ia a destiny’ without an equal, You may apply to any one of the classes above referred to, and he wiil wil you as a palliation for the apparent Uigh price of his merchandise, or manufactured article, or agricultural product, that he will take it in gold at the relative valve it bears to Treasury notes, if be is sincere, mbat injustice is done bim if bis government pays bim in the very currency be preferred, and at the prices asked, when he sold the articie which procured him tue Trea tury note which parchased the government bond? Some may say, I bold the government obligation for so much, and the government is in honor bound to pay tt. Those who reagon thus make avarice the rule and jns- Moe the exception in an hovest settlement. Can there bo any justice tn demanding of a government one bundred foilars for that which cost the pnrchaser enly four or five’ Lthiok not, and such, in iy opinion, will be the aoneet verdict of ‘the people who hayo sulfered most ta wis atrogglo. If it is insisted that the nominal debt of ihe governmout shall be paid, out of whom is it to come and bow is it to be raised’ Will you ask the soldier who sboyed the Urst summons, and bas served throughout the war without faltering, to help pay to bis uelwhbor an abligation which necessity imposed, but for which he paid only one-twentieth of its nominal vaiue? Would there be any justice in sucha demand? Ho had better dura bis bond than harbor such a thought. It the cre- {itors themseives aro the proper oues-upon whom to levy the wx, it then becomes a question of calculation whether to take (he real valae of cost to them for their sbligation, raised under the common burthen of taxation, Wr insist ipoa the payment of the nomiaal value, and vay it all themselves by a tax upon the securities. You may desire to know, after | have reduced the debt to a form which seems at jeast manageable, how 1 pro- Pose Lo raise the mouns whicle will be required even for Sho reduced liabilities of the government. In the first place | would (ax all the securities bearing a rag of inbe- t above six per cent, #0 as to bring them bo that rate, Making the interest in the public debt unilorm, Our ex- porte [or the first year or two after the war 1 put down Aone hundied millions—a tittle over one-third of the exports from the slaveholding tates under be United Biatos government fo tho year 1880. This amount of ex ports uudor all the laws Of healthy (rade, will give us in- porte of alike ayount, A duty of forty per. cent uf ihe imports and twenty apon the exports, will give ua a Fevenuo of sixty millious. Revore the separation took piace the United States government expended sixty mil Hom angually—or this amount fifteon million were ux. peugied im private clans, fishing bounties, the fda terVice, the pubiic lands aud the post office sorFwe, tha larger portion of jt for the latter—tione of whic! perhaps, & email portion jor Tudtans will be she @<penditares oF the Cousederato SMates, Under the ¢ Post Oilieo is 80) tod hence we aro nyt ealled wpou to provide apy portion ec its expenditure from the public money. You willy snerefore, obverwe (hat $45,000,000 was required for ob ects under the t es'gfverbment, for whicd ot a Hintlat character our govermenta! expenditures wilt bo req J Chink, therefore, that we may ately calcu. $50,000,000 will be necossary for tbe Confederata tes in enpporting the govermment-—add to thie 100-000, tho interert on the pubjic debt, and you have a baiunce' of $18,000,000-—the ‘aunuat’ revenue of F40,.000,000 for a sinking fund to pay om our debt. Would {Ln tLe wise In Compress to fndteate aome euch poliey in Providing for the pay mont of our Indebtednesay Tt would Botta the vation ex £0 past trRogiotl ns inspire cow Ade.ce as Lo (uture operations-- besides let European capt. . ) | NEW YORK HERALD, WEDN tatists know whatthey had to expect on the general set- Hement which must take place at the ond of ihe ar MR. CLAYTON'S LEYTER—1S PLAN AND POLICY UNsusr. * [From the Richmond sentinel, Nov. 4 } We publish elsewhere a letter on tue payment of the public debt from Mr. Clayton, formerly Assistant secr; tary of tue Treasury. We (oa0, uot a8 ludicaitog © currence, Dat as showing the views which ke holds, an in the expression of which he represents tion of the people, The siandard by which Mr. Clayton proposes to scato the.public debt woud, however, be unjust, even if ihe policy be adopted, The price of gold is nota true measure of the depreciation of thé currency, Gold ja an articie not of circulation. but of tra : for gpeciile uses, such as bicekade runing and thio | ke. Maay staple articles. high as tbey are, are selling far below former prices if gold be ‘taken a3 the aianda aitaough the cost Of the'r production tas goatly iv: creased. Cord wood, for example, is & two *to two aud ebgif dollars; coal for cents per bushel Farmers, by the same stondard, are allowed by the appraisers loss than thirty cents per bushel for wheat, aud ovly about a dollar and a balf for family flour, The salaries of pabiic ollicers avd the wa- ges of labor have been increased, aud the rents of houses have advanced until tenants cry out in agony; but the euhsnement of «il these is but a trifle when compared witb (he premium on gold. Some articles of prgvisions have advanced very much to private cousumers, largely Outstripping, in many iastances, the aivance of gold. But this is often owing mainly to the diiticuities of trans- portation, We have before us, for example, a Raleigh paper, !n which the prices quoted 2a provailing in the market there, when reduced to specie, give the following results 48 to the articles Led:—Chickens, Llc. a lic., ducks, Inc.; egzs, Me. per dozeo; geese, 18e.° potaiors (Iris), 2c, per bushel; @weet, 28, a S6e, per bush. el, &., Se That these articles are really seiling much higher now than ever before cannot bo questioned, else they could not be produced: "but taking 8}ecie as tho standard they were never 80 low. It is od- vious, therefore, that specie is not the true staudard of depreciation; far (rom it, It iz to be sought in a com. parison of prices where Intercourse is unrestricted—al- lowanee being made for loctl scarcity and increased cost Of procuction—with the prices that ‘obtained In ‘ormer times. The depreciation thus estimated 1s very far less than the premium on gold would indicate. To give o farmer a certificate of indebtedness for his wheat at $7 50 and then scale him down to thirty cents in the rejemp- too of the certificate with goid bereafter, would be very unjust in any view that can be taken of it, A KEBEL SCHEME OF CURRENOY AND FINANCE. [From the South Carolinian, } ‘The following scheme is submitted for’ the examina. tion and cousideration of all who desiro @ curroncy ap- proximating to specie in its purchasing or m.rket value, and who think it right and wish that the obligations of the goverpment should be measured by tho real valuo it ong jn exchange therefor, so far as it is practi- cable:— CURRENCY, 1, A new currency, limited in amount to two bindred millions of dollars, to be issued under a pledge that no o:ner or further issueof currency shell be made by the government during tte war, save go far as it may be necessary to réissue the, present currency in payments on bonds and contracts already outetanding—the notes to be payable in corn, wheat, flour or cotton, at their specie value during the war, avd on the restoration of peace ia coin; and to be receivable for all dues to the government, and fundable in five per cept bonds at par. 2. Offer to the holders of the present currency to ex- change the proposed currency for it, atthe rate of ono dollar for five, to retire the curreacy now in circulation. WAYS AND MEANS. 3. Appropriate the new currency not required for re- tiring the old on the. basis of exchange proposed, te the expenses of the government; anthorize receipts to be given for supplies needed by the government, with an obligation to return the supplies, with interest in kind, ou the restoration of peace; continue the tithing tax, aud levy a tax, to be paid in the proposed currency, for the probable balance required by the Treasury for the vext year, which it is supposed will not exceed one hundred and fifty millions of dollars. For any deficiency in the Treasury order a sale of five per cent bonds, and secure their payment by pledging duties on exports, VONDS 4. Restrict the fut#re issue of bonds to those borring five per cent interest, and ‘make tho interest payable in notes of the proposed new issue of currency during the war, and after the restoration of peace in coin, Piqige a duty on the future exports of the country for the pay- ment of bonds hereafter issued, and make them payable at twenty years from the lst day of January, 1865, Authorize the conversion of the bonds already outstund- Jog, at the pleasure of the holders, into bonds of the pro- posed new issue at some equitable scale of exchange, cnring*to the holders of the old bonds equivalents in the new bovds at par for the real value paid by them for the old bonds, and provide that interest on the old bonda, while still outstanding, be paid in the preseot currency as heretofore, Nore.—In proposing the foregotug scheme it is be. lieved that the obligation and ability of the government to meet any demand for our agricultural staples which would be made by the holders of the proposed curreacy ‘Will at once give the noves the purchasing power or ex- chaageable specie value of (hose staples in market. Thus a ten doliar note would buy whatever could be obtained iu exchange for ten dollars worth of corn, wheat, flour or cotton at specie value. The purchasing or market value thus attaching to the notes, compared with that of the present currency, being largely in excess of five to one, the interest of every. holder of the present currency would pomt to the ex- change of {t for the proposed currency, as indicated in the second section of the scheme proposed. At the reduced prices of supplies under the proposed currency, in connection with the tithe, and the amount of supplies which it is believed producers would furnish and receive in exchange therefor the obligation of the government to return with interest in kind, it is thought that Lad cl te fpeonnge ee song Aig millions of dollars suggested, and t jon of the proposed ourrepcy not required for retiring old, would prove a sufficient supply for the treasury for the ensuing year, without re- sorting to 8 sale of bonds, The fourth section contemplates the permanent debt of the government to bear but five per cent interest; sug- wests what is believed to be the best means of securing its payment, and proposes an equitable plan for the con- ‘version of the bouds now outstanding into the five per cent bonds, without loss to the holder of anything on the real or specie values be invested in the old bonds, leaving the conversion éntirely voluntary with the holder, and the interest on the old bonds, if he prefer to retsin \bem, to be paid him, as now, in the present cur- reucy.- This section ts not necessarily embraced in a scheme for a currency, but 1s appended to complete ti plan of finance, and because tt is believed that the pre- sent is the best time, both for the government and tho boiders of the old bouds, to perfect the pli conversion oft bonds #uggested, : The proposed currency, so far as corn, wheat and flour are concerned, if established, would at once do away with one of the chief evils under which the country has been and yet is Tt of having two prices for the main necessaries of life, one for the government and another for the people—and’ place the prices of all other agricultural and manufacturing productions of the coun- try at the relative value they bear to corn, whoat, flour and cotton, represented at specie prices by the notes, The whole plan, so far as the proposed currency {s involved, could be put in efficiont operation without the employment of an additional oficer or agent, save ata few points, where it would be necessary to provide for large demands on the notes. Post commissaries and qnartermasters, scattered as they are all over the coun- try, @ould be authorized to meet the demand on the notes made in limited quantities by the people for con- sumption, and in @ very sittie while the people finding the faith of the government was kept in prompt payment of the notes, would relieve the commissaries and quarter- masters by selling to each other and receiving the notes at pdr for specie prices. It is in the power of the government to Issue and sus- tain the currency suggested, and it is due by the gov- ernment to the people, who have so long and so patiently suffered under the infliction ot the existing sysiem of finance, that the best currency the government can issue should be furnished them; and the question is gravely ivmitted whether there be anything elee of geweral ex- changeable value, save our agricultural staples, which the government cau control and wield in sufficient quanti- ties to {urnish a basis of convertible paper currency for ths couutry, ‘The details of legislation necessary to carry out the sclhiome need not be suggested, save possibly that it may be wellto say that the government should reser the option to itself to pay either article named in the notes, with a limitation tn favor of the holder of notes making a demand on them for his own er bis family’s cousumption. The scheme is submitted by the writer uader a sincere conviction of its feasibility and its avail- ability for relieving the financial difficulties in which we are involved, both as individuals aud as a nation, 80 far as they are remediable, — He soltcits for it a full and fair examivation, desiring, if it possesses not the merit he conceives attaching to it, to learn the fact. If a better can be devised—one giving assurance of placing in the hands of the people a more valuable circulatimg medium, and of enabling the goveramest to compass its wants with less indebotednes one will accept it toro roadily of more cheerfully than himself, ‘The only object in proposing it is the PUBLIC GOOD, CoLumma, 8. C., Oct, 26, 1864, FISCAL AFFAIRS OF THR REDEL GOVER: {Prom the Richmond Sentinel, Nov. 4 The complaints which are daily heard in regard to tho delay in the settlement Of accounts and cial —no the Confederate States are no doubt caused by the inter. ferovee of the inilitary authorities with the employes of the executive departments, The clerks, instond of being kept at their desks, are gent to the front” whenevor it is imagived their services in the field are necessary, avd consejuently tho pablic busivess is nepiected, to (he great injury of both public and private interests, What becomes of the accounts of disbursing oMcers and agente, to whom large amount#-of public funds bare Deeu autrastoty Will not the immonity from ao exami- nation of these accouuts, dforded by the euepension of departmental businoss, operate a& an incentive, Io some sos, ton improper, if not fraudulent expouviture of public money? We called tho attention of Concross, at ite last session, to the fact that many eccounts have mained unexamined since the first’ year of the war, Now. it i obvious that Iarge sums Of money aro con- siantly being jesued without tho possibility of. holding tho clebureing agente to that strict accountability which fe veual in all well reguiated governments, This subject ts que of €0 thuch importence, in every point of view, Uiat it will doubiless receive Luo prourpt consideration of Congress at the next session ’ THe KENEFIOIAL EYPROT OF MR. LINCOLN’S RI-RLRO TION ON RENEL BINANORS. {From the Ricnmond + xaminer, Nov 4] The efléct of Lincoln's re-election upon Porthorn credit will be exceedingly depressing, provi#ed TE be accompa. Died by # pubiie conviction that the South will continue fo maintain itself in tho contest, The eitect of tho samo event upon Southern finances ought fo be very beneficial, It ought to convince every sane mind in the land that Our only reliance is in re 8 to tho lust extremity, M ought to teach every who cherishes @ lingettig hope Of reconstruction, every man who has iv his he disapproved the war and tonged for a return to the flesh Pots Of Fey pt, that his hopes in that direction are fore oa ever blasted, aod that bis tuterosia ax a property holders “0. less thao his duty A patriot, lice ja ing Dis whole sepport to the war, aid more esMoially 1 iat coutederate currency which bis particular class ave one so much ta iepre- cats, The £¢ oleetion of Litwoln wil btierly and Hnwliy extingain® 0 the South eyory expectation of @ j fore, take oflect while this Feetoration of the Union; will force into active aud despe- Foto exertion every hitherto waemployed resource Of our coun'ry:and will ousure that success whica was always Ailainable, vad which was omby imperitied by the back- Wardaess ‘and haitng imapired by the lateat Uaiouism Which. while ebec a eomi loyaity to the South, Persisted tn doubting 1 cess aS a new distinct nationality, for sqine gettiement bated upon a rec ‘ 1 Uoiou, fe class Of people iat Who Lok sh trivht with tho Nortn, either « crotly, was never larga, except artain border localities; but it wuld be idle to deny at there bu tryac ‘able population whe, 8 uni ay with the Sontn, ueuce and 88D port Linued to b yet bave con f the war the 1 upon some ushow. or other stuated by this latent, and in a multitude of cases unconscious “sentiment, 1s much larger tuan we are willing to confess; and the Strongest proof of the facto a widely prevailing povus lar disbatief Mm tho ultimate distinct national existence of the South is found in the early depreciation of tue Con- federate currency, bat is needed to resuecitate this currency 4s a gens confidence in tha ultimate establisiament and acknow- ledgmeut of the confederacy; and notuing would 0 goon inspire aad Ox tb deuce in the lar mind and couvietion Hon the noiversal and unreserved determina tion of our people that ft shall be so. olution © a million a: quarter of fighting m 50, i8 equivalevt to a d ning the fact: aud ® ‘conviction of the fact of a distinct and undenied South. era nationality ag an ultimate certainty, would itself be @ sure guarantee of the faithful redemption of the Con- federate currency, ‘Tho re-slection of Lincoln {9 probably the only eontin- gency which could of Cestablish this popular convic- tion, aud thereby revive the Confederate credit; and this because it is the only circumstance that could effectually and oternatly crush ovt from the Southera mind and heart the latont sontiment in favor of reconstruction, which has existed from the bexinning—the senument which has, more than any other whatever, aralyzed the Southern@nergies avd faances through every stage of the war, The election of McClellan would. on the other hand, prove a positive, possibly an irretrievable, calami- ty, by giving life nd tongue and voice to this setiment, It would deplete our armies by exciting tbe belief that further fighting was unnecessiry, inasmuch as negotln tion could accomplish a satisfactory sattiemont of the controversy ; and it would sadly depreciate the Con’ederate currency dy powertully strengthening that sentiment in favor of reconstruction which has already proved so serious a bane to its credit, While the effect of Linco!n’s re election would thus be most salutary upon Confederate credit, its effect upon federal credit could not (ail to be disastrous in the ex- treme. The full intluence of the event would not indeed be exerted for some time after its occurrence; for it must be followed up by @ popular conviction tnat the war will go on indefinitely—a conviction which would not fasten itself upom the Northern mind until after it should have time to retieve itself from the stupendous system of false- hood which has been organized for carrytug the election, Tho popular mind in that excitable country is now wrought up to an unparalleled state of druoken extilarations in regard to the war. ie South 18 believed to be exhausted and prostrate, and the rthern people are taught to think that ® vote in favor of pence now would virtually amount to a silly and craven relinyuishment of all tho advantages which have been gained by four years of war, atacostof a million of men aud two thousand mil- hons of dollars, The full influence of Lincoln's re-election upon federal credit could not, ther popular dolirium con- tinued; but a few months, possibly a few works, of stubborn facts and calm reflection would dispel the delu- sion, would reveal the fact of a hopelessly disrupted Union, and would awaken tho sobered Nortn to the con. templation of a war without fruit or prospect of fruition; of an enormous pudli6 debt daily augmenting and with- out a shadow of compensation ; of a stupendous fabric of finance resting upon delusion and Even then the crash may be postponed for ageason, only to prove the more tremendous when it came at last. REBEL SOLDIPRS SU*FERING FROM THE WANT OF Pay, | From the Riehmond Sentinel, Nov. 4.) We have received & very touching statement, showing the inconvenience which tho soldiers are snifering from want of their defefred pay. We can only offer in excuse the extraordinary interrup!ions to which the civil em- ploves of government have been exposect to during the cam- paign now closing, It may weil be doubted, on the evl- dence of the letter before us, whether the soldiers in the field would not have been better aided by attention to their wants than by the occasional military services of a fow clerke. However that may be, we trust tft very speedily the brave men who have endured the shock of tbe extraordinary campaign of 1864 will have every dollar of their pay. bg Painful Anxtety ef the Rebels Over the Pabito Deb@pf the North. (From the Richn¥nd Whig, Nov. 5.) Military glory is, confessediy, the most expensive of all luxuries, except military disaster. The Yankeea have already realized this truth to a considerable extent; but their experience is destined to confirm it in a degree still more striking before the end of this war, Sevator McDougall, of California, has published a very trae spoken and, because plain spoken, a very remarka- lo address to his constituents, in which he handles the Prospective financial condition of Yankeedom in a man- ner that would have dono credit to Vallandigham two years ago. He says that, by the census of 1860, the whole population of the United States was 31,145,825 whites, and that the white population, not in rebellion, ig 20,227,000. On the 80th of June next, the goneral govoroment will owe $5,000,000,000. The public debt of Great Britain and Ireland he puts down at £800,000,000 sterling, which, he says, makes it about the same with that of the United States. But he is mistaken, The und sterling reduced to federal currency gives 85 a and £800,000,000 thus reduced gives but $3,880,000,000, go that, on the first of July next, the Yankee debt will be groater that the British debt by $1,120,000,000. So much for the principal of the two debts.* When seen through the medium of the jerest which each. pays, the disproportion is still more striking. The interest on the British debt is three percent, 60 that it pays but £24,000,000 sterling per annam, or $116,400,000 in the ag- grogate, whereas te Yanke cdobt pays six per cent inter- est, and from the first of July next the annual aggregate amoust will be $300,000,000; that Is to sxy, considerably ‘more than two dollars and a half for every dollar paid in that way by the English. To this aunual charge upon the industry of the country, Mr. McDougall adds $200, 000,000 for the support ot government on a pence estub- lishment, making $500,000,000 im ail. This sum must be raised every year irom the labor of the people, for it can come from no other source, and {t is greater, accoriling to Mr. McDougall, than the @upual profi:s of the catire country. ‘All. aud more than all tbe profits of industry and enterprite,”” says be, ‘will be paid into the pockets of governinent officials and government bondholders, ‘The people of this country are to labor without profit that & moneyed aristocracy muy live.” He adds that he bas carefully examined—that the debt will be $5,000,000,000 on the 30th of June next, and the annual interest $300,- 000,000. Such is the cost of the glory which th inkees: let us see how much of it there is according to the same authority. In Florida every symptom of sympathy with the Yan- Kees has been destroyed by the course of Lincoln with ‘ery. In Kentucky the Union sentiment bas ‘deen entirely eradicated by the same course. Arkansas is in @ worse condition than it has ever been since the dattle of Pea Ridge, 1m Missourt a civil war is actually raging. Jn Maryland the Union party is not halGso strong as it was three years «go, and even in Delaware, the Cou- foderate cause i guiniug friends every day. The Yankee } arms have gained great victories (so says Mr. Mcb.)— —they have an army before Richmond and Petersburg— they occupy Memphis, Vicksburg and New Orieaoa—thoy bave marched a victorious army to Atlanta—‘‘ and yet,’? says he, “ we do not hold « foot of Confederate soil, ex+ cept such as is covered by the feet of our soldiery, or tue Tange of our artillery. Truly, all earthly glory is unprofit. able, and this Yankee glory the most uppro‘itabie of all. Such is the sum total of Yankee expenditure in mone; and the glory obtained therefor, lives lost make part of the calculation with Mr. MoD., becaure, we sup. pose, they are a matter of great indiflerence to the gov- ernment, except in so far as they may find it difficult to supply their places, up connection with thie su’ t, it is impossible not te place the impending financial crisis in Kurope, which pro- mises to be more violent than any that has been expe- rienced since 1825; and far more extensive in its range, than even the terrible rovuleions of that memorable year, Crash after crash among the greatest commercial houses of London and Liverpool has continued for weeks to electrify the commercial world. The copyulsion has extended to the uttermost end of the earth—to Australia in the Evst, to Rio Janeiro in the West. It ia felt in its most terrific potency near home; in Franco, where the bank bas airoady raised the interest to eight per cont, and ia Germany, where the foily of dealing in Yankeo government securities just begins to be felt. They have been selling at (rom thirty-flye to forty cente at Fraok- fort, The earthquake has not yet spent it® violence, nor gone the full length of tts rang. It must reach Yunkee- dom before it evaporates, Indeed, thesg interesting people would fee! themselves slighted if it should pass them over. It would, in their opinion, by doing so, aiford a proof that they were not the great nation they claim to be. They are delighted with anythiag big, even f big debt, or n big defeat, or a big commerci: 4 So it be big, (hat is ali they care for, We hope thoy may be gratified this time, any how, and the inflated charac ter ot their currency renders it highly probable that they will, hile to the South The class who bo: The Orisia at the North, POLITICAL AND FINANCIAL CONFUSION AT 7. NORTH ABOUT TO BE “WORSE GONFOUNDED— pur OF THE REBEL CONGRESS, EVO. (From the Richmond Examinot The situation of the Confeterate § quondam States which were formerly associated with them, presents a contrast wh no respects highly pleasing and gratifying to ws tte true that io he foul and cowardly erusnde they have wage the principal suffering and devastation have /alien South, This has bappened, of course, from tho ¥ ture of the war ilseif, offensive on tbeir part, de fengive on ours, it there are ome gracloot Signs Of & change in tis reRpect—the North ts abou to have tte share of the agony: and would prove diy be willing ere iong to exchange iis share fo ours, The combination of political end fiuancial confusion which was dostined sooner or tater t awake them (rom their guilty dream of cor quest, begins to take placo, It was necessary that these (wo troubles should comé upon them at once: tiey could endare severe tinaucial embarrasem: while Meir political etate was calin abd thelr military prospect hopeful; they might endure military disaster acd Much political axitation while they could ail live rchly aed Jaxuriously. and privation had not yer touched the meet of the people. Hus now that their ‘prblec credit sv Finke low and gol! goes up ayain ( the very moment when ail the potitival aa ion ple are stirred to their wrnst byt “ebeetion’? at (he pount of Me bayon When the change of gov-rnm from w tute derpotivm is coming to Ws wry ert pon us, w when heavy taxes buitin to. tov poor man's table, and a pow draft is tnresteved of young men to bo driven like sheep to the Slauyhter—now whew all’ the freadom, the pride of sovereien citizepalip lio low and cower vejore sve | Ubreats of power and the bayonete of a mercepary 89> iery—a solutery which cannyé oonguer (he Soult, but is in | ESDAY, NOVEMBER 9, 1864. @ very fair way of ruhjucating the North—it wii, indoet, be # matter of some interest Lo see how that country will deal with such astaco gf tuings. The crisis is 4 om then while Gra? bas beea bMaten brick for the tweetrett tins 1D his feeble aseauits on the defences o: Richmond, aud 18 again caluog tor reinforcements, and while Wali street looks uddon upward {light of gold—by re Southern dobt besides | It would be like suing a burglar for aesault ant battery, and then compromising by xiv jog bim balf oar house aot paying the ona on both sides, fhe nawhipped rebels would be overbearing be youd enaurai th rthreats and violer as, and would wd disturb trade aud the ®: they would have the nake us pay dearly for yw 00 Of af dark “copperhead” ew —the uation is j A rebel peres w 1 cost too mi Wer expected, 18 required at ibs peril, 40 vole for four Year? | comes chowper, as this document with mach talent mal | mare war; to v (aut gold and silver ebail totally dis- 4 tains and it thas gives the conciugion of the wh a nd or over Bea; bo vote thal Abr einfor Grant a rinan, reeloct Abraham batis right in the past and may do coin, aud goo t will go down, and gold | he pleases with them aod theirs | will go down, and pri: down? © } for the futuro; to yore that they and their ‘one would n this appeal, clrealated so ebiidren baye vo ri@hits woich armed eoudiers are bound | carefully among sand laborers, that there was Wo Respect. Some i ale’ emougst that unfortunate consclance in that people, Io fact, tbe | por jon seer aliv. ther feariul po: Mrs co a thing 18 alr at fromamong | mour, for © , who be called himself Gove | them, The pocket is thelr o la tt right or rawr” of Ne r worouaiy attem:$ | wrooy, i not the great question of questions: but will It a kind of pro’ to inquire ate of New York ih tao duty of facibitating tue vot he log election, They are arrested, of course. Tho au thorities of Wishiogton w 20 of Seymour's “agents” about the arty, heir “connerherd”? documents. \ upon the ca devant Governor issues & m whic gpeaks of “vind ing the the State and the ets of its citizens nay, goes t f maundering about I those who use coerciow upon tn got Now ¥. soldiers. Hardly ia his proclamation published omperor A auswers mes to jail for as felous 9 iu wituout wy Now, jet Sr. Seymour, formerly Governor, consider hat be ‘Is going to do Gover eof Keotucky va, who might have been a real Governor of are Wf he and his fellow eitizens had had che spirtl of fre fers a most wretc nd cowurdiy proteat aga matitary regime i that province cia He p @right to go freely to tbe polis, to voie freely, without betug drazooned py soldier#; that military oilicers bavo no nig rol of eivetions: and tbat i the tempt to do it, they ouzht to bo arrested by the she but that indeed if they have too great a force (wh but too probable) then the polis are to bo cle there is to be no more voting at that piace. | say if tho military permit said pou soldiers are now the great ordain 2 y will open polls and close them; they will know how to make sheriffs, aye, and ‘‘yovernors,” look sharp. Bramiette jhad better be warned in time: there 1s a pro- ‘yost marshal in Kentucky, and a penitentiary. ‘This rough transition from democracy to Eastern dos. potism cannot take place without a dangerons ferment in ‘men’s minds, which must be violently aggravated by the failure of public credit and the impending drafts and taxes. In fact it begins to bea question whetber life is worth preserving on such terms, The World says “some- thing must be done :” mn fact, as ail law and right aro manifestly suapenied, man becomes a law unto himself; the orixical law of the 4! eat reverts; dark and peril- ous counsels are no} in men’s own secret minds, e conclaves like that which was held in tne uti. Lincoln and Seward have skins penetra- ble by steel or lead, like other men. In short, the con- viction is now strong upon our minds—and a most seoth- ing and grateful conviction it is—that the North country stands on the brink of a more fearful avarchy than the world has seen since the “Committee of Pablic Safety and the Terror.’” How different ts our politicat condition om the eve of the aching sess of Congress. While General Grant with bis vast army says he is “holding Richmond by the throat’—while bis ‘lines of circumvaliation and contravailation,” as ® Yaukeo war correspondent declares, are closing in around us, apd the inevitable Ulysses is ouly awaiting the day when his instructions will permit him to enter the city and appoint Butler its military governor—at this moment the Confederate Congress wends its way quite in the usual manner, by the usual roads, and sits down calmly to attond to its ordinary business in this ‘“besioged”? city. The members of this Congress adjourned nearly six Mouths ago, when Grant had aunownced * ‘that the siege of Richmond was formally opened,” and indeed they did hear, as they sat tw their legislative chambers, the deep roar of his cannon at Coal Harbor. They return in helf a year, and find the city, so Yankee newspapers declare, besieged still. ’ The heavy guns can still be beard bellowing; but not one inch bearer than before. The Representatives and Senators pass in by their several ways, just as they passed out, and see no enemy. They find the tphabi- tants of this beleaguered town very much at their ease; hardly appeating consious that they are besieged or bo- leaguered ; going about their busingss and their pleasure al- together as usual; and even forgetting to tisten sometimes to the far-off roar of artillery, which they seem now to regard no more than if it were distant thunder, It is re markable also that there is a complete political lull ab Prestnt in thiscountry. Congress will not find itself on its assembling thrown af once into @ turmoit of jarring parties; thers are no parties; there is no politics; faction has alio- gether hidden tts head; no conflict of authorit;—even Governor Brown, of Georgia, quite tractable and patri- Otic; no bitter rage of class againet class; in short no ele. “ment of social or political revolution, or alarm of revo- lution, There has been, to be sure, a heavy expense, both in means, and alas! in precious life and hmb, in re- sisting and beating back the mad invasion of our ene- mies; but we all know that it is worth the outlay; and the chief business of Congress wil! be just and equal. appor- tionment of the burthens; go that none may evade bis share either of the cost or of the personal peril. In other words, the maintenance and administration of the pub- lic treasure, and o! the army, are the solo duty of our Confederate Legislature; and it may apply itself to that Dusiness as free (rom distracting factions, and more dis- tracting alarms aud angry passions,(ag ever legislative body that has heretofore assembled upon earth. poople of these Confederate States have indeed dangers to encounter from without; but within all is serene aud hargetious. We own allegiance to different States; we have different interests and aims; but for the prosent common business ip hand, aod against our common eue- my, we are a band of brothers. Therefore there is nothing to prevent ouf members of Cougress from assembling both calmly and hopefully. Lhey may at last begin to. feel that it only needs @ litile longer resolule and unanimous resistance, and the enormous mass of the Yankee nation which now presses 89 hard upon us must burst to pieces; and it is we, the people of the Confederate States, whosbail have saved republican gov- eroment on this continent The Peace Spirit, North and South. [From the Richmond Whig, Nov. 5.) We are glad to hear lest talk of peter on the Confererate side, because we are convinced its only eifect was to Jower the tone of our people and to divert atreotion from that which is the sole business of the time, a coutinued resistance to tho euemy, We would not omit (0 em, loy any incirumentaity calculated to strengthen the isron tom to peace of the enemy; but the evil of so much discussion of the topic aanong ourselves ts that ste efforts are felt only her’, where the perce spirit does ‘bot peed to be en» couraged, and where it can only take the form of uoa- Tesivtancé and) snbmission. It rests with the enemy, not with our people or their au- thoritiés, to terminate a struggle, whick, from the bogioning to this hour, bas been for’ the delence of the latter against the assaulis of the former. President Davis, in bis interview with Jacquess and Glimore, {ult- cated the only way in which peace ean come:—Witn- draw your garrisons from our towns; withdraw your a inies from our State; withdraw your squadrons from our ports; cease to burn our dwelligs, $0 murder our people, to plunder our property, to steal our slaves, and war will have ceased between us, You shall be fres to nay our rivers aud trade with our ports. If you do not do this, the biood which is shed in your attaoks and in our defence—the biood of murdered prisonera and outraged women, a& well as of soldiers slain in open bat- tle—rosts on your souls alone.” Such was tho substance of the President’s reply to the pacitic professions of his guests, In a war of conquest peace is at the option of the aggressor ; it can only be obtaied by the assailed, by submission. The South wil! not and can not abandon her independence; there will be peaco unly when the North ceases to attempt our subjugation, and this time will arrive all the sooner if we maintain a firm front, and contipue to exhibit such evidences of union and resolution as leave no ground for the hope that we will ever succumb. It is the policy of the enemy to make it appeag that we are becoming weak in means and faint in spirit, but as loug as we meet the libel with forces in the fleld strong enough to check or beat back their hosts, itean make but littie impression. @rant may say wo have robbed the cradle and the grave to man our breast works, but when he tries those breastworks, he is met in Buch @ way as to make him glad enough to get back behind his own again. Sheridan may claim to bave destroyed the army of the valley, but the boast is proven to be a falsehood when his own army is beaten back five miles, d is saved from complete disaster only by the thought: Jessnegs and misconduct 6f our own men, Sherman may proclaim that the Sonth is at his mercy, but the vaunt has few believers wen be ig een hurrying back to his own rear, hundreds of miles, to eave bis comtaunieationse It is by such argy ae these that we reason most tively with t y. refute the false statements of tf loaders, and will fot later convince the entire people of the impossibility of our subjugation and tho bopelesences of our 8 i Our shortest road to peace, then, is 0 bend ai yies lowar, Already the peace feeling is strong in (he North. he display of a proper vigor and deterninasun dominant, Disgust of the ft Code of Poit From tho Richmond ‘There ts a sort of melan the Yankee Presidential cam in w foreign land. Thank God m nd even out of that sort of (ar } vo actors in the-woclean tr MACE 01 '@ more inter. ested in it than mere spectators; interested much in the same way and to the sanidexient tut France in 1804 was juterested in a change in (uo British ministry and | the coming futo power of Fox and Grenville, So we keep ye, though with strong disgust, upon. the vulgar old laying Of parties and apon the ny deluge of “cam. ur part will mage it Lele at the Yankee mi Moratity, xamiver, Nov, 6.) tion in watching rom our point of view are out of that tur. ol, Yet, although paien documents.” One of these, on the iI sida, bas been brought to us from the lines, where i was found upon some prisoner. It fs/a printed sheet, entitied “The Cost of & Rebel Peace Piain Words for Working Men,” and \s really well conceived and well written for the people itaddresses, and for ithe objects it aims at, Tt com. mences WiLM these words:—TLo war is costly ho doubt of that, Taxes aro heavy and prices aro high | And 60 somo are saying, lot us stop we Let us have a@ armistice, and got cheap bread, Hat think a morient.” Abd’ so the eampaign writer goes on ft a | calm, argumentative way to show that though war is | costly peace would come highor still; that {tis true war brings heavy @xpeases, but that tho country could mo} ailord peaoe at apy price, ‘The remarkable feature in this appest to the working: men upon high nationnt duties aud deetiaies is that it makes tho most distant ailusion to the right or Wrong Of the Matter, Te turne entirely upon tho eli jon that the Norih cowld be work aration and to recognize the 6 comes another by pothesis: —' ‘If )y taking back the rebela into the lw the rebellion, that eould be the grcot all, Wo gbould’ #ti/i have our debt to pay { nothing to" show for } u pe and wad we would Laye ww pay sue i ity Of peace ag 0 speculation, gud. convindes that tt would pot pay. “Suppose a je says thie p “Ve ‘yi; Wo will seo how that would u ject taxes au | price Ib then proceeds to show that the North must | | niways be prepated for war; aud, w | {oreien trade diverted by a.rival uat | have to pay stich taxes ws | ing army. Itwoutd bo much co r da ove forall.” This roasou pay or willitaot pay? That whole vation has A) ove all notion of morality. Their edo of Give the Yankee cent per cent upon his investments; for | tuis is the whole doty of man On the other side, we have alao a campaign document, .dem nstrating thet it is better and cheay MeCiellan and Pendteton than for Lincoln Thia gne' is equally devoid of all reference to right or daty—te fofustice or wrong. It sets owt with this most oroph ite and cardinal (act —*Mr, Ligcoin was not worth five thousand dollars on the day he was inaugurated. Hoe now conteszas that He is worth five millions of doliars!’? This is meationed only as asample of the noble chances What im- ee - 3 of doatha was fifty sovea, On one day two hundred aud’ Bixty Seven persons diet Ligoly soldiers of the bfleenta 7 Connecticut died in one day, and this whole regiment hes been nearly annihilated, (thank God), The Prowoss Marshal aud ten clerks died; Major | awsoo was bis mame, in gtone, of Fort Andersos, ditto. in all over # teca huadred Yankees have perished, aod about one bun- drod citizenegeventeen pandred and *!x alt Citizons within the lines are required ¢ they wish Grant to whip Lee, before they are ailoged to buy or sell; and theo they have to pay for passes, for permila, &o.) until bardiy their souls are left to them, Other in- formation we have, which is better turued over to tho military, Me r of the Rebel Congre Disaivted. y Hon, 0, R. Singleton, member of the rebel Congress, frou Mississippi, was badly injured by being thrown eon, On the 26th ultimo The Weather and the Telegrapne New Yor, Nov. 8-2 M. svailed since daylight over ading (rom Caliis, Matoe, vati and Chicago in tbe » ia the South, aph Com trom his bugey, bear Ja A heavy rain storm bas all portions of the country, ex im the Fast, to beyond Cle West, ha to Washingt From the t pany wo aecet altini gers « 8 the foil TWARD. ‘The wires extending eastward from N through. out New England bave been working very poorly all the morning, but siuce nova have impry ved, and before aun- for stealing possessed by the party in power. mense fortuxes—the writer means to say—must be A-maxivg by thousands of black republicans. And aro uney nave four yesrs more of this? Think of tt, ye faithful nod bungry democrats, Do not our paims itch also When, whev will our day como? the “drat? i4 another topic which this paper dwells n etrougly to Lincoln's disadvantage-severy one ig in (avor.of a draft for five hundred thousand men every sixty or ninety days’ during the next four years shodld not fail to vote for Lincoln and Johnson, All thoge opposed will yote for McClellan and Pendleton.” Just so; there is no, question about tbe object of the draft, and whether thafwar is a Just one or an unjust one. All that is wholly irrelevant to the Yankeo nation. The thing they want to know on ois which will pay the beat—peace or war. yea kind of recollection that when we were po- assoctited (for our sins) with that aban ned and wign Southern men, by their iniiuence and ltically people, charactar, impaRed a cortain tone to public discussions and the proceedings of party, there was usually, even In campaign documents, some reference, wero it’ but for show, to the right or wrong of the matter in hand, But it is well that the connection is cut, and that we can now Jook at our late allies from a,safo distance as they drift onward to national ruin and’ disgrace. The asrociation, while it Insted, retarded their progress to perdition; but on the whole it did more evil to us than good to them, The Presidential Candida PBEPBRENCS OF THE KEBELS FOR M’OLELLAN—OLD ABE AN UGLY CUSTOMER. {From the Houston (Texas) Telograph, Oct. 17.) Jo 0 or Jast issue we expressed the opinion that Lincoln Would be re-elected President, but that our own prefer. enco was for McClellan. We observe that the papers at Richmond, where they have sources of, information wo do not posses here, are, without exception, for Lincoln, They think McClellan has greater ability than Lincoln, that he would conduct tho war strictly for military re- sults, and on military principles, and therefore more for- bly, and that the democratic party would become ly consolidated in the strenuons support of the war, to which the republicans by passion and hate ef the South aro already fully committed. There is force in this Teasoning: but we sonewhat suspect our Richmond contem- ies of some diplomacy im (heir ition. ‘Their advocacy of McClellan would not be likely to be of service to him at the North, For our part if we had the choosing of their President, it would ce tainly be McClellan. Say what we wili, Old Ale has been and wilt continue to be an ugly customer. Is re-elec- tion will be a national ratification of the most extrenre war policy. He will enter a second term of office with an oye single to the war. /7ts power will be absolute. Anything he has ever heretofore done, anything be may choose, he wili feel himself authorized to do under the popular sanc tion of bis acts, and the great war commission he will hold from the people. His organization is already com- plete, to be strengthened and perfected by the measures necessary, The entire energies of the government would ‘be at once concentrated on the war, and bis reputation and that of his administration would be staked solely on its results. The issue to foreign pations would appear precisely t as it has done, with the evidence of renewed determinacion and increased efforts bythe United States for our subjugation While no preparation should bo omitted or energy re- Jaxed on our part {or the continuation and more effective defence of the war, it is yet uatural to speculate on the course of eveuts aud endeavor to find iu them some en- couragemedt other than the stern arbitrament of battle, McClellan’s election seems, to our mind, the only pros- pect ior this, Hig position is not open and clear. It is one of double dealing and deception, The platform promises peace—his letter breathes war, He 1s support- ed by peace men and by war men, No doubt his pre- varications have been private as well as public, and his election will be expected andciaimed by ench as their own triumph. While we do not for a moment doubt bis ultimate design of war to the bitter ond, he will be com- pelled to make some concessions to the peace sentinent and policy To acsomplish this without geriously damaging the moral: of the war will be very difficult. It will lead to complications, which we do not venture to pre- dict, but which can scarcety fail to be serious, an Lie vio- lence which will prevail among their various parties. McClellan will be without political experience, and searcely any measure of ability, without experience, is capable of threadivg thé crooked labyrinth of Uuited States politica, He is a soldier of a high order of scien. tifle attainments, but we see po reason to crédit him with thas bigh order of gepius which at once becumes consummate statesmanship. ‘With the opposite elomente around bim,-with the pres- tige of a tried and defeated soldier, a political novice and trimmer, be will have to command publie opmion under the most difficult circumstances. . COmbination by a few leading Stato governments may prostrate bis administration, [is fivances will be sensitive to any f step, and a stumbie by bim may plun; them ‘into an abyss from which there will be no extri tion. The idea is not to be rejected either, that if tho European governments really desire our independence aud a fair protext for its recognition, they may be dis- posed to find it in acondemnation by ‘the people of the Lincoln government, and the inauguration of a successor to whose election the peace element had contri ; W- see reason (o hope therefore that McCielian’s elect on may involve kim im political trouties which will greatly wedhen the mililary sirengih against us. Unless be is ompipoteot in toe civil government he cannot muster the great armies necessary to the prosecution of the war. Nearly ail the leading generals will have taken strong grounds against bim—grounds not consisteut with future Tespect aod conddence oa either side Sberman and Rosecrans aldpe of the prominent officers are said to favor his election. The army will po doubt be dragooued iuto opposition to him. The Lincoln administration being ungble to bring’ the war twofs close, and hav. tog to loave it @ legacy to their successor, it will be natural, and according t» party tactics in the United States, that, they should not smooth the way to the success of McClellan, and the eclat and permanent dancy of the democratic party. All the embarrass- ments pe can conveniently put in his path, both as re. spects the army and the civil government, they are likely to do, To his deceptive and insidious offers of peace aud reunion, we shail respond with spirit and the dignity of &@ people who kuow their rights, aod knowing dare main- tain them, Then will come uy him the necessity of a final appeal to th di his peace frien , and political f Prestige fajlen from his sid strong in his rear without even the acynired by Vid Abe's earnestness, and only that of a poiitical trickster, with the publie opinion of the world against him, and weak in the faith of bie own countrymen; with « demoralized army to reorganize he will have a veisily harder **job” be- Tore him than when he commenced the “on to Richmand’’ at the head of his grand army, im 1862. Ue will reniize greater obstacles jn the imbecility of bis own govern- meat than he did then from the want of co-operation of the Lincoln government, and bis efforts will terminate owe im inglori@us failure aud overthrow. So mote it be. Effeet of General Sherman's Order on Auanta, [Prom the Lagrange (A There wii be vie good resuit from the Yankee ocexpa. Vion of Atlanta, should we ever regain the city, which we have no doubt we shail do. The order of Sherman, foroing the citizens to remove either North or South, has, doubtioss, to a great extent, divided the sheep from the goats, ‘Those who bave lived there, aud have gone orth, bave donoto from choice—(rom the prompting of ) Reporter. } heart treacherons to tbe South, We mean the most of toem, Some may have bad o:her motives for electing to g0 North. Those who have gooe North by the prompt logs of sympaiby for our cuemy will never return to Atiavta to live after wo shall bave regained thectty. We have believed there were many disioyal people in At Janta, aud Suerman’s order has given the proof of it. Arrest of a Wemale Spy. A young woman, calling herself Miss Jones, was ar- rested in Selma, Alabama, on theZ9th ult., charged with Volag 8 federal Spy. She tid avolit her porson a nom Of papers, the nature of which we were unabie to uscer- tain, ond’ large amount of greonbacks. She acknow- ledged having two accom Charged With Being a8 [From the Richmond Dispatcu, N } Major D, U. Bridgiord, army provost marshal for Gen- era! Lee, forwarded from bis headquarters yesterday a rr Yankeo, nawed George Fenner, upon tho clyrge of being aspy. Fenver was caught within our line under very Suspicious circumstances. He was committed to Castle Taun The Rebel Conscription tn Alabama, From the Kicbinond }iapateh, Nov. & ] De ibteresting statistice in the consolidated turk Of the registration aw of Alabama, just completed jer orders of the Covscript Bureau. ‘Zt appears that there are tm that State 14,200 men who are fil for duty who dare wot dn the field ero are, besides these, 4.497 who a , and who wa leave ont of the ete: tist tog thive who aro ft for the teld Ahere ate 6,09) exempted by law of Congress, including 1,104 State officers, 1.315 overseers and agriculturists, 585 ministers, O84 phys ians, 201 # ol teachers, 143 news per employes, 445 railroad = employes, an | BePvow ‘others, "The detalied men Mm the sine pombs 2,617, and those in government . sere 04; and in addition yo | nt | in which wo fod | sifed.”’ The seract ts take as “reper | ww died A Nave of there statistics have reforence to tbe ros foro‘ganud only reierto the men between ejguteca these there jf details or exemptions, num that 492 men are put down ag nsolidated report, trom which this ate AS MINS Other Miscellaneons items, eu d deserters,” “men lyiug in the woodg)’ & og tho grand total, fuctiting the physically ® list of forty wha were called out by the act passed two Years ago by Congress, ‘ The Yellow Fever at Newberm (From the Ruleiah Con!aderate,) A friend, who Yas had an oppurtunity of deriving In formation trom Newhero, informs as that the yer fovor tna ohathd since the trogts and eokt weather, until | the average of deaths fr One OF Iwo a day Waile the sey er raged as an evedeimie tue daily average this cause 1 nt dowa will probably be in good working order, NORTHWARD, The wires extending to Vermont and the Canadas have also been poorly working during tha forenoon, bat show signs of improvement at this hour, No rain bea fallen as yet in Burlington, Vt., but at Whitenal!, N, Y., it has fallen copiously. Burrato, Nov. 812 M. It has been raining all the moraing, but it now looks ~ like clearing off. ib pea? Cincixnatt, Nov. 8, 1864. Raining and very fo; 7. ng and very EET. prentone, Nov: 8, 1086. Raining and heavy fog. . ees Cmcado, Nov. 8—12 M. It has been raining hard all the morning, but has stop- ped now. WESTWARD, The wires between New York city «nd Buffalo have been considerably affected this morning by the moist atmosphere, somewhat retarding telegraphic operations, Tho signs are now favorable for an improvement. Beyond Buffalo the wires have not beon ao badly af- fected, and work vory fairly. The lines extending to Pittsburg, Pa., have worked very feebly all the morning. A good west wind would much Improve telegraphing by clearing the atmosphere of fog and drizzle. SOUTHWARD. ‘The storm has had the samo effect on the working of the Southern lines, but they are now operating very fairly. Wasuixaron, Nov. 8, 1364. Weather cloudy, Wind south, Thermometer 68, PuiLapEnraia, Nov. 8, 1864, ‘The election is proceeding quietly. Weather cloudy. Foreign Musical Items. Rossini has sent to the poor of Pesaro, nis native town, the sum of ten thousand francs. ‘The Pyne and Harrison opera troupe announce a new geason of English opera in London Benedict's opera, the Rose of Erm, if to be translated into French and produced at the Theatre Lyrique, with Miolan-Carvalho for the btroine. Gounod’s revised are rangement of his Mireille is iso to be given this wittor at tho Lyrique. The reigning operas at the German Opera House in Brussels are Tanohauser and fhe C and Carpenter, Among the new singers from Italy auavunced to appear at the Italian Opera Houve in Waris are the Sisters Tregass! from Palermo, [x Sausani from Milan, and Ladiani from Florence La Veuve des Highlands, a new opera, founded upon one of Scott's novels, is about to be produced at the Theatre Lyrique, Paris. The words are by MM. Plouvier and Favre, and the music by M. Devin-Duvivier, Moyerbeer’s Africaing, it ia now said, will be pro duced in March. The cast, as definitely settled upon, in- cludes Vasco da Gama, M. Naudin; Don Pedro (Grand Admiral), M. Beival; Nelasko, M. Favre, Le Grand Inqui- siteur, M. Aubin; Don Alvar, M, Warot; Selica (Reine do Madagascar), Mile. Marie Sax; Ines, Mile, Marie Ratt. he scene in the first two acta lies at Lisbon—the first act takinz pace in the Hall of the Grand Council and the second in the prison where Vasco da Gama js incarce- rated; in the third act on board a vessel at sea, and in the Inst two acts in Africa, It appears that Meyerbeer had written for it no ballet music, and, at fret, it was intended to add some from another composer: but this idea was subsequently abandoned as disrespect{ul to the memory of Meyerbeer. For L’Africaine, i is said that Meyerbeer generally selected Madame Stojtz, because of her physical advan- tages, it being thought tuat she would browse weil for the solitary deatb-ccone under the upis-trees, which origin ally cloved the opera, Meverbeor’s family, by the way, crfftribute largely to the salary of Nandin, the tenor, who is to sing in the forthcoming opera. Traviata was Intely sung in Milan with the baritone | Part omitted on account of the “ indisposition” of that singer, Madame Lagrua is singing in Turin. Lacrange is still Ieating star at the Jtalian Opera House im Paris, Weuzel Garich, of Berlin, is dead. Whea seven vears old be was a violivist, and in his ninth year (with the help of aamall chair) played the double ,baes, In 1826 be was made director of the baliet music at the Royal Opera House at Berlin, where he composed many ad- miredballets. He had long enjoyed a peusion from tho Prussian government, Marie Gennetier, the now prima donna at the Opera Comique, is described as au accomplished artist, with a voice of unusual briliiaucy, great fucility and extent, while her acting is full of intelligence. She bas hitherto sung on the lyric stage, under the name of Prety Roland, of Roncevaux , tae new French opera, by Mer- mot, whieh has been so well received in Paris, ts founded on a legend 6f the Paladin Roland, nepnew of Charie. magne. Tue Engtish transiation of ihe opera isto be produced in London, Agrand dinner w given by Rossin! on the 24th of October, at his villa, in honor of the musical biographer. Petis Carafa aud Prince Poaiatowsk!, the composers, wore Presont, and there was a concert ia the evening, and the meufbers of the Italian Commission, who were entrusted to transmit to Rosgial the medal struck tn his honor at Florence on the fetes at Pesaro, were present. Tho autumn season of the Teatro Regio at Milan opened with Pedrotti’s opera, Isabello d’Aragona, the composer being called owt twelve tines, It isa three act work, was written for Turin, a0' contains all the elements of tho old romantic school—for instance, the country, the monks, the monastery, the procession, the oath, the dag. ger, the prison, the flight, the surprise, the moonlight and tho catastrophe. Its most worthy fe are the overture and the quartette, which was £0 noistly sung by ail the artists that its beauties were destroy: ‘The baritone shouted for vengeance, the tevor for meray, and the monk, who should utter words of peave, shouted louder than tho others, Spite of its apparent success thia opera had a run of only seven night A sories of “winter concerts’? ure being given at the Sydenham Crystal Painco, The orchestra bas been deco. rated with living ferns, interspersed with statuary, Titieus pleased tho cilizens of Birminghare so much by singing at the recent festival there, that they bave pro- sented her with a valuable diamond ring. The Duc of Doudee™ ville Rochefoucauld, who intely diea in Paria, was, during the reign of Chorles X,, « tendent of theatres, Ho was the first to oppr rising geniag of Mulibras, and engaged her at the Grand Opera, at ity thousand francs a was an carly admirer of Rogsivi, and al after, of Verdt, erin ate the r (ive years ear. He yeart Sotdiers? Claims Paia TO THE BOITOR OF THE MERAL ATLANTA, Ga, O 1864. Thayo the honor to request the priviege of « emal? Space In your journal, Field officers ahd othor ofiters iu the Untied States ser. vice who aro obliged to ride horses (requently have them Killed in honorable actiou in defence of thé country. A mounted oificer purchases bis horse with his own money paying oftontinesa large sum (or am indilierent animal Suddenly be is gent into action, bis horse ig shot,’ + makes out a claim against (he government, submits it te rd Anditor of the Treasney there it rowaias, and, remain (0 eleruity, wologs be 6 eo lortu havo an infvential polttieian or Cungrossusan ayment, s (anit aud grievousiy, f ; ws suffered by it be rf the J sume to d it isa detrimoug two beore their jugt vind re \ ers Is very email, and there uP@ these to ba found araonyg the list of Heid oficers Who Can bot asus to walt the piorsure or capr ce of <abordiontes vthe departments Our worthy (reaient ou 8 Fepotied) that tre gatre nt pe 1 Presome, if bis i rh OF, Mer whoee Lis KAvcouey tue H'restieus. U