Under Mrs. Merriwether's goading, Dr. Meade took action, in the form of a letter to the newspaper wherein he did not mention Rhett by name, though his meaning was obvious. The editor, sensing the social drama of the letter, put it on the second page of the paper, in itself a startling innovation, as the first two pages of the paper were always devoted to advertisements of slaves, mules, plows, coffins, houses for sale or rent, cures for private diseases, abortifacients and restoratives for lost manhood.
The doctor's letter was the first of a chorus of indignation that was beginning to be heard all over the South against speculators, profiteers and holders of government contracts. Conditions in Wilmington, the chief blockade port, now that Charleston's port was practically sealed by the Yankee gunboats, had reached the proportions of an open scandal. Speculators swarmed Wilmington and, having the ready cash, bought up boatloads of goods and held them for a rise in prices. The rise always came, for with the increasing scarcity of necessities, prices leaped higher by the month. The civilian population had either to do without or buy at the speculators' prices, and the poor and those in moderate circumstances were suffering increasing hardships. With the rise in prices, Confederate money sank, and with its rapid fall there rose a wild passion for luxuries. Blockaders were commissioned to bring in necessities but now it was the higher-priced luxuries that filled their boats to the exclusion of the things the Confederacy vitally needed. People frenziedly bought these luxuries with the money they had today, fearing that tomorrow's prices would be higher and the money worthless.
To make matters worse, there was only one railroad line from Wilmington to Richmond and, while thousands of barrels of flour and boxes of bacon spoiled and rotted in wayside stations for want of transportation, speculators with wines, taffetas and coffee to sell seemed always able to get their goods to Richmond two days after they were landed at Wilmington.
The rumor which had been creeping about underground was now being openly discussed, that Rhett Butler not only ran his own four boats and sold the cargoes at unheard-of prices but bought up the cargoes of other boats and held them for rises in prices. It was said that he was at the head of a combine worth more than a million dollars, with Wilmington as its headquarters for the purpose of buying blockade goods on the docks. They had dozens of warehouses in that city and in Richmond, so the story ran, and the warehouses were crammed with food and clothing that were being held for higher prices. Already soldiers and civilians alike were feeling the pinch, and the muttering against him and his fellow speculators was bitter.