Posted on 01/13/2022 5:21:14 AM PST by Homer_J_Simpson
WASHINGTON, Sunday, Jan. 12.
THE PENSACOLA SAFELY DOWN THE POTOMAC.
The steamship Pensacola which left her anchorage off Alexandria yesterday morning, proceeded to Indian Head, about twenty-seven miles from Washington, where she remained until between 5 and 6 o'clock this morning, and then proceeded to run the blockade, which she did with safety. Twenty-two shots were fired at her, but none struck. She did not return the fire. She was heavily laden with cannon and other appliances of war, and fully prepared for hostile service.
The safe departure of the Pensacola is a general subject of congratulation, as it is known the rebels have been for weeks past reserving their fire, in order to destroy this vessel or prevent her passage out of the Potomac River.
The Committee of Bankers from New York, Boston and Philadelphia, met the Secretary of the Treasury, and the Financial Committees of the House and Senate last evening, and submitted the following propositions through Mr. GALLATIN:
First -- A tax bill to raise one hundred and twenty five millions of dollars, in addition to duties on imports.
Second -- No demand Treasury Notes to be issued, except those authorized at the extra session.
Third -- An issue of one hundred million six per cent. Treasury Notes at two years, in sums of $5 and upwards, receivable for all dues of Government except duties on imports.
Fourth -- A suspension of the Sub-Treasury act so as to allow the banks to become depositories of the Government.
Fifth -- An issue of six per cent. twenty years' bonds. to be sold by the Secretary without restrictions as to the price he may obtain for them.
Sixth -- The Secretary to be authorized to make temporary loans for the relief of the Treasury,
(Excerpt) Read more at nytimes.com ...
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Important from Washington: The New Steam-frigate Pensacola Gone to Sea – 2
Items of Southern News: Great Demand for Whisky Among the Rebels – 2-3
Affairs at Cairo: Flag-Officer Foote’s Reconnoissance to the Belmont Battle-Ground – 3
A Sketch of the life of Col. Colt – 3-4
Editorial: Mr. Seward’s Views on Canadian Annexation – 4-5
The Burnside Expedition – 5
Contraband Schools – 5
An Imprisoned Britisher – 5
The Railroad Guard – 5
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