Item: “News” (editorial), The Daily Journal (Wilmington, N. C.), 30 March 1864, page 2, column 1. This editorial column discusses the lack of news, the “temporary lull in the storm of war,” the editors’ opinion on the political relationship between Ulysses S. Grant and Abraham Lincoln light of the upcoming election, clarifications by C.S.A. Secretary of the Treasury Christopher G. Memminger concerning the funding of treasury notes on April 1st, and a severe winter storm that struck central North Carolina the previous week.
THE DAILY JOURNAL.
CONFEDERATE STATES OF AMERICA.
WILMINGTON, N. C. WEDNESDAY MARCH 30, 1864.
We are not so frequently asked for news nowadays as we formerly were, for the reason, perhaps, that our paper now gets out quite as soon as we do, sometimes sooner.
In truth, however, there is less exciting news now than at almost any former time for months past. There is a temporary lull in the storm of war, but the calm which it produces will soon be broken up.
Grant is busy, arranging for the opening campaign. He knows that much is expected of him, and that Lincoln, dreading his popularity as a candidate for the Presidency, has placed him (Grant) in such a position as to enable him (Lincoln) to throw all the blame of any failure upon him. It is then reasonable to suppose that Grant will not remain long idle, or permit any advantage to escape him. He is now at the crisis of his fate and will do all he can to turn that crisis to his own advantage.
The mails received yesterday bring little news. We try to glean what we can for this article.
First, then, in reference to a matter which engages public attention at this time, we think the following announcement from Mr. Memminger, published in the Richmond papers may be a matter of some considerable interest. It will be seen that it gives one more day for funding, and also states when and how the issue of new currency will commence. We confess that we, like most others, supposed that old currency could be funded in four per cent-bonds up to but not on the first of April. From the following announcement it will be seen that they can be funded on the first of April in the same manner as on preceding days:”—
Treasury Department, C. S. A.
Richmond, March 19. 1864.
The following instruction is issued for the guidance of all officers of the Treasury Department.
Treasury notes may be received and funded in four per cent. certificates on the first of April in the same manner as on preceding days. The new notes to be issued as currency will bear the date of the act authorizing them, namely, 17th February, 1864 and the issue will be commenced on 2nd April, 1864, in making payment of demands upon the Treasury on and after that date.
C. G. Memminger,
Secretary of Treasury.
The Augusta Chronicle and Sentinel publishes the following despatch:
Richmond. March 24.–Four per cent. certificates and bonds are transferable in the same manner as all other registered stock. See the remarks in the Richmond Sentinel, of the 23d inst.
C. G. MEMMINGER,
Secretary of the Treasury.
All our exchanges from the interior of the State speak of the snow storm of last week as very severe. The Greensboro’ Patriot says it was terrific in the extreme for about fifteen long hours, the snow in that time having fallen to the depth of about seven inches. The Hillsboro’ Recorder says that on Tuesday week it snowed all day, and at night the thermometer fell to 28 degrees. The weather here continues cold, uncomfortable and equinoctial. Night before last it rained, and yesterday the wind howled around in a most melancholy manner, and at intervals the rain fell in torrents.
Citation: “News.” The Daily Journal (Wilmington, N. C.), 30 March 1864, page 2, column 1. North Carolina Collection, Wilson Special Collections Library, University of North Carolina at Chapel Hill; call number C071 Z.