January 24th.—Clear and cool. It is now said Mr. Seddon’s resignation has not yet been accepted, and that his friends are urging the President to persuade him to remain. Another rumor says ex-Gov. Letcher is to be his successor, and that Mr. Benjamin has sent in his resignation. Nothing seems to be definitely settled. I wrote the President yesterday that, in my opinion, there was no ground for hope unless communication with the enemy’s country were checked, and an entire change in the conscription business speedily ordered. I was sincere, and wrote plain truths, however they might be relished. It is my birth-right.
It is said (I doubt it) that Mr. Blair left the city early yesterday.
To add to the confusion and despair of the country, the Secretary of the Treasury is experimenting on the currency, ceasing to issue Treasury notes, with unsettled claims demanding liquidation to the amount of hundreds of millions. Even the clerks, almost in a starving condition, it is said will not be paid at the end of the month; and the troops have not been paid for many months; but they are fed and clothed. Mr. Trenholm will fail to raise our credit in this way; and he may be instrumental in precipitating a crash of the government itself. No doubt large amounts of gold have been shipped every month to Europe from Wilmington; and the government may be now selling the money intended to go out from that port. But it will be only a drop to the ocean.
The Northern papers say Mr. Blair is authorized to offer an amnesty, including all persons, with the “Union as it was, the Constitution as it is” (my old motto on the “Southern Monitor,” in 1857); but gradual emancipation. No doubt some of the people here would be glad to accept this; but the President will fight more, and desperately yet, still hoping for foreign assistance.
What I fear is starvation; and I sincerely wish my family were on the old farm on the Eastern Shore of Virginia until the next campaign is over.
It is believed Gen. Grant meditates an early movement on our left—north side of the river; and many believe we are in no condition to resist him. Still, we have faith in Lee, and the President remains here. If he and the principal members of the government were captured by a sudden surprise, no doubt there would be a clamor in the North for their trial and execution!
Guns have been heard to-day, and there are rumors of fighting below; that Longstreet has marched to this side of the river; that one of our gun-boats has been sunk; that Fort Harrison has been retaken; and, finally, that an armistice of ninety days has been agreed to by both governments.
