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1864 March 26: Paying for the War, and Other News

March 29, 2014

Part 2 of The Polk County Press’ summary of the week’s war news from its March 26, 1864, issue.  The first part was posted yesterday.

From the St. Paul Pioneer, March 19th.

— We have news from Washington that the President has signed the gold bill, which, as passed, is as follows :

Resolved, &c, That the Secretary of the Treasury be authorized to anticipate the payment of the interest on the public debt by a period not exceeding one year from time to time, either with or without a rebate of interest upon the cupons [sic: coupons],¹ as to him may seem expedient, and he is hereby authorized to dispose of any gold in the treasury of the U. S. not necessary for the payment of the interest on the public debt.

— There is a report, not considered reliable, that Farragut [David G. Farragut] has given up the capture of Mobile as a job beyo9nd his means.  Gen. Banks [Nathaniel P. Banks] was about to take the field for active operations.

— Gen. Sherman [William T. Sherman] telegraphs that his army is in splendid condition, and that his destruction of rebel railroads was complete and thorough.  He also destroyed an immense amount of rebel supplies.

— Rebel dispatches say a conflict occurred in Mississippi in which they killed fifty-five out of seventy-five negro troops engaged.  A federal spy was lately executed in Mississippi.

— The Gen. Assembly at Richmond have published an address urging the rebels to renewed efforts for victory.

— A Paris letter says Minister Dayton² has informed Louis Napoleon that if he allows the rebel privateer to proceed to sea he will be held responsible for the damage she may do to American commerce.

— A large expedition is fitting out for Red River.  Twenty steamers were at Vicksburg taking on troops in the 8th.

— There is a report that two hundred and fifty lodges of Sioux have surrendered to Gen. Sully [Alfred Sully].

— A letter from rebel sources states that the rebels have re-captured Arkansas Post, on the Arkansas river.

— A British prize steamer with 150 bales of cotton has been brought in Boston.

— The enabling bills passed by the House for Nevada, Colorado and Nebraska require that slavery shall be forever prohibited therein.

— The rebels have contrived a novel mode of punishing white officers of negro regiments.  A returned prisoner states that he saw in Richmond six officers chained to six negroes, and fed on corn bread and water.

— The total receipts of the Brooklyn Sanitary Fair which closed last week were $400,000.

— The Raleigh Standard, recently suppressed by Jeff. Davis [Jefferson Davis], has been revived.

— Pittsburg [sic] is making arrangements for a great Sanity Fair.

— The total National debt on the first of March was $1,513,201,045 35.

1.  A certificate of interest due.
2.  William Lewis Dayton, Sr. (1807-1864) was the U.S. Minister (ambassador) to France during most of the Civil War. Before that he had been the New Jersey attorney general (1857-1861), the vice presidential nominee on the 1856 Republican ticket along with John C. Frémont, a U.S. senator from New Jersey (1842-1851), and a judge on the New Jersey Supreme Court.

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