The Day of the Confederacy; a chronicle of the embattled South by Nathaniel W. (Nathaniel Wright) Stephenson
page 59 of 147 (40%)
page 59 of 147 (40%)
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* The fall of prices was attributed by others to a funding act, --one of several passed by the Confederate Congress--which, in March, 1863, aimed by various devices to contract the volume of the currency. It was very generally condemned, and it anticipated the yet more drastic measure, the Funding Act of 1864, which will be described later. Had these two measures been the whole program of the Government, the congressional session of the spring of 1863 would have had a different significance in Confederate history. But there was a third measure that provoked a new attack on the Government. The gracious words of the Mercury on the tax in kind came as an interlude in the midst of a bitter controversy. An editorial of the 12th of March headed "A Despotism over the Confederate States Proposed in Congress" amounted to a declaration of war. From this time forward the opposition and the Government drew steadily further and further apart and their antagonism grew steadily more relentless. What caused this irrevocable breach was a bill introduced into the House by Ethelbert Barksdale of Mississippi, an old friend of President Davis. This bill would have invested the President with authority to suspend the privilege of the writ of habeas corpus in any part of the Confederacy, whenever in his judgment such suspension was desirable. The first act suspending the privilege of habeas corpus had long since expired and applied only to such regions as were threatened with invasion. It had served usefully under martial law in cleansing Richmond of its rogues, and also |
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