| From the Raleigh Register |
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| October 15, 1862 |
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| The N. C. Railroad and Confederate Money |
| Some complaint has been made that the N.
C. Railroad Company for a while refused to receive the twenty, fifty
and one hundred dollar Confederate notes, printed by Hoyer &
Ludwig. It may be recollected that when the Secretary of the Treasury
issued an order calling in these notes for exchange for others, the
banks, other roads, merchants and business men generally refused to
receive them for a while, and until the counterfeits of these
denominations could be easily detected. The N. C. Railroad did the
same, and no more. As soon as the banks would take them on deposit
from the Company, and the notes became again current, the President of
the road revoked the order, and these notes are now, and have been for
some time past, received in payment of fare and freight by the agents
of the road. In justice to the Road we have felt it due to state these
facts. |
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