Cold, clear, and
calm, but moderating.
Mr. Benjamin sent
over, this morning, extracts from dispatches received from his commercial agent
in London, dated December 26th and January 16th, recommending, what had already
been suggested by Mr. McRae, in Paris, a government monopoly in the export of
cotton, and in the importation of necessaries, etc.
This measure has
already been adopted by Congress, which clearly shows that the President can
have any measure passed he pleases; and this is a good one.
So complete is the
Executive master of the “situation,” that, in advance of the action of Congress
on the Currency bill, the Secretary of the Treasury had prepared plates, etc.
for the new issue of notes before the bill passed calling in the old.
Some forty of the
members of the Congress just ended failed to be re-elected, and of these a
large proportion are already seeking office or exemption.
The fear is now,
that, from a plethora of paper money, we shall soon be without a sufficiency
for a circulating medium. There are $750,000,000 in circulation; and the tax
bills, etc. will call in, it is estimated, $800,000,000! Well, I am willing to
abide the result. Speculators have had their day; and it will be hoped we shall
have a season of low prices, if scarcity of money always reduces prices. There
are grave lessons for our edification daily arising in such times as these.
I know my ribs stick
out, being covered by skin only, for the want of sufficient food; and this is
the case with many thousands of non-producers, while there is enough for all, if
it were equally distributed.
The Secretary of War
has nothing new from Gen. Polk; and Sherman is supposed to be still at
Meridian.
There is war between
Gen. Winder and Mr. Ould, agent for exchange of prisoners, about the custody
and distribution to prisoners, Federal and Confederate. It appears that
parents, etc. writing to our prisoners in the enemy's country, for want of
three cent stamps, are in the habit of inclosing five or ten cent pieces, and
the perquisites of the office amounts to several hundred dollars per month—and
the struggle is really between the clerks in the two offices. A. Mr. Higgens,
from Maryland, is in Winder's office, and has got the general to propose to the
Secretary that he shall have the exclusive handling of the letters; but Mr.
Ould, it appears, detected a letter, of an alleged treasonable character, on
its way to the enemy's country, written by this Higgens, and reported it to the
Secretary. But as the Secretary was much absorbed, and as Winder will indorse
Higgens, it is doubtful how the contest for the perquisites will terminate.
The Secretary was
aroused yesterday. The cold weather burst the water-pipe in his office, or over
it, and drove him off to the Spottswood Hotel.
SOURCE: John
Beauchamp Jones, A Rebel War Clerk's Diary at the Confederate
States Capital, Volume 2, p. 153-4