The Sun.
London, England, 1863-03-20 00:00:00

AGENTS FOR THE CONTRACTORS IN LONDON.

Messrs. J. Henry S-hrodcr and Co., 145, Leadenhall-street.
This Loan has beencontracted with Messrs. Emile Erlanger
and Co. Bankers, cf Paris, by tee Government of toe Confe-
derate States of America, and is spee!ally secured by an un-
dertaking of the Government to deliver cotton to he holders
of the Bonds, on application after sixty days' notice, on the
footin,2 af termentioned.
The nature of the arrangement is fully set forth in Article
IV. of the Contract made with Messrs. E. Erlanger and Co.,
which is as follows :

"Each Bond at the option cf the holder, be conver-
tible at its nominal amount into co ton at the rate of six-
Pence storling• for each pound of cotton, say 4,0001b5. of cotton
for each Bond of .£lco, or francs 2,500, and this at any time
not lwer then six months at er the ratification of a treaty of
peace between the present belligerents. Notice of the inten-
tion of converting Bonds into cotton has to be givtn to the
represent—five, of the Government in Paris or London, and
tixty days after such notice the cotton will be delivered ; if
Peace, at the ports of Charleston. Savannah, Mobile, or Sew
Orleans ; if war, tt points in the interior of the co,intry,
within ten miles of a railroad, or stream navigable to the
ocean. The delivery will be made free of all charges and
duties, excepting the existing export uty t on•--e'gh hof
one cent. per pound. The qualit of the cotton to be the
standard of New Orleans middling*. If any cotton is of supe-
rior or inferior qualPy, the different,- in value shalt be setUed
by two Brokers, one to be appointed by the Government, the
0 her by 'lie bondholder; a hen-ver these two Brok• rs cannot
agree on the value, au umpire is to be chosen, whose decision
shall be fina,."

_ .....
It is at the same time provided that I ciders who do not
convert thei Bonds into sotto • shall be entit'ed to retain the
Bonds, and receive interest at the rate of 7 per cent. per
annum in sterling, payable half yearly in London, Paris,
A.rn,tet d .m, or Frankfort, at the option of the holder, until
repayment of the urincina at par.
An Annual Sinking Fund of 5 per c .nt. Is provided for,
whereby 24 per cent. of the Bonds unredeemed by cotton shall
be drawn by lot half yearly; the first drawing to take effect
on the Ist Ma,ch, 1801, en to be continued on the let Sep-
tember following, and on the Ist March and ,st S, ptembei in
every sum eding year, so as finally to extinguish the Loan in
twenty year from th, date of the Ist drawing.
The Bonds to be issued at 90 per cent., whit.: is to be paid
at follows :-
5 per cent, on Apnlication.
10 „ on Allotment
10 „ Ist slay.
10 „ Ist June.
10 „ Ist July.
15 „ Ist 112:110.
15 „ 14 September, less dividend 3i per cent.
15 „ Ist October.

'0
Subscribers will hive the option of paying the instalments
In advanc o allotment, or on any of the above dates, under
a dis ount of seven per ent per annum on such repayment ;
but in default of due payment of the respe, tive instalments,
all previous payments will be tab e to forfeiture.
[By payment under discount, the price of the cotton is re-
duced to about 5+ per pound.]
After allotment scrip certificates will be Issued to bearer.
These certificates, after payment of the last instalment, will
be exchanged for Bonds, to " Bearer" in sums of £loo—£ 00
00—x1,000 eath, with coupons attached, payable Ist
March, Ist St ptember, as stated ,bove.
Arrans;ements have been made for the exe ution of the
Bonds in Paris.
10r. m tht- proceeds of the subscription, the Contractors and
th it agents are authorised to retain sufficient funds to pay
the first two coupons.
'1 he drawings for the operation of the sinking fund will be
duly advertised previous to the half y arty redemption.
An authenticated copy of the Act of Ratif.cation of the Con-
tract nay be inspected either at t e offices of Messrs. Fresh-
fields and Newman, the Solicitors to the Contractors ; or of
Messrs. Ct owder, Maynard, and Co., Solicitors to the Agents
of the Contractors in London.
_Applications for allotment to be addressed to Messrs. J.
tlenry Schroder and Co., 145. Leadenhall-street ; and tothe
Brokers, Messrs. Laurence, Son, and Pearce, Auction Mart,
from whom forms of applicati n may be obtained.
1n the event of no allotment bein; made, the deposits will
be immediately returned.
A Public Subscription is simultaneously opened in Liver-
Pool, Paris, Amsterdam, and Frankfort.

J. HENRY SCIIRODER and CO.,
A gents to the Contractors.
145, Leadenhall-street, 19th March, 1863.

COTTON LOAN OF THE CONFEDERATE STATES OF
AMERICA.

Form of Ap lication,
To be forwarded to Alessi,. J. Henry S •hroder and Co., after
payment of the preliminary deposit to the bankers.
No ......
To Messrs. J. Henry Schroder and Co , Age, is for the Con-
tractors of the Cotton Loan of the Confederate States of
America.
Gentlemen,—Having paid to Messrs. Jones, Loyd, and Co.
the sum of £ , hereby request you will allot X
of the Cotton Loan of t!.e Confederate States of America, and
hereby agree to accept the ,ame, or any smaller amount
that may be alloted to , and to pay the further sum of £lO
Per cent. on the same when allotted.
Gentlemen.
Your obedient servant ,
Signature
Address in full
Date

SAW ER'S FAMOUS LONDON DINNER
Y FOR THIS DAY,
At 2s. ed. each Person.
SOUPS.
Lobster and Claremont.
FISH
Salmon and Parsley Sauce. Fried Soles.
ENTREES.
Compote of Pigeon. Saute of Beef, sauce Corichon.
JOINTS.
Cabobs of Mutton. Roast Beef.
SWEETS.
Pudding a la Royal. Apple Tartlets.
Cheese and Salad.
,An extensive and caretully selected stock of FRENCH,
nifENISH, MO, ELLE, and other WINES, imported ex-
pressly fqr The London (limier.
THE LONDON, 19', FLEET-STREET.

EDINBURGH REVIEW, No. CCXL.—
ADVERTISEMENTS intended for insertion cannot
be received later than SATURDAY next, the .Ist i st.
London : Longman and Co., 14, Ludgate-hill.