SELECTED LETTERS OF SALMON P. CHASE

NEW ORLEANS, January 29th, 1863.

DEAR SIR: I have to-day transmitted my bond as Special Agt. and Acting Collector. The sureties are men of abundant means, and were selected as being the most respectable and worthy representatives of the Union residents of this city. For good reasons, I was careful to choose such persons, rather than any of the numerous and wealthy speculators. Judge Peabody remarked that the justification of the sureties, etc., was before the highest and best authority here at any rate.
I have reason to believe that a speedy movement on the Teche country, is in preparation and will soon be carried into effect. This is the movement of which I have so frequently spoken.
In other respects military affairs are in the same condition as at the date of my last letter.
Two vessels, as I am informed, were captured by the Rebels at Sabine Pass, Texas, in the same manner as was the "Harriet Lane." One of the vessels was destroyed. They were sailing transports, I believe, and probably of not much consequence.
Enclosed is an order just issued, of Gen. Banks, "promulgating the Emancipation proclamation."

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