The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1861-04-13
ny Authority.
LOAN FOR TIE DEFENCE OF THE coNPEo-
ERaTg STATES

i Investment will be ar.red to the public on
the Eth Of April ensuing, aud every citizsn
throughou, the Confederate States will have the
opportunity Of taking share Of the benefit aud
at the same time sustaining the cause OF his
country.
Bonls with Coupons will be issued in sums
from 81 000 to $50, and where Il is preferred
stock certificates 10 the usual form nay BE- had
The interest is at gIonr PER cgSr per annum.
payable every six months ut all our principal
cities.
The deb, has the very unusual and important
security oil duty Of oneeigh'h cent per pound.
or abpu, ~ cents per bale on all cotton export.
cd. This d1ly under all circumstances Of peace
or war. securs the rnncinal payment Of tbs in
terr., and furnishes sinking iuni ior the re-
demp,ion Of the principal The Coupons when
dle arr receivable IN payment # the dniy on
cotton aud ore thus made available as cola.
EVERYWHERE IN our county. IN order to enable
all portions of oar pse;he to take part in THIS
valuable invps' meni aud 70 exhibit their common
Interest 10 raising uud. for The common defence,
book. Of subscription will b. opnc'l At The elite,
nnl principal interior towns; five per oent mast
BE- raia N ciish at tic time Of subscription spd
tn, nnindef nn or before the 81 May--per.
osl TO run from the datc 81 such payment Per
soas d,sirous TO secure iheir subscriptions may
pas in cash tn whole amount and take a re-
ccipt mr the delivery OF bond, or stock To
,onaliz' the rate of Subscription at all points and
to enable al persons conveniently To subscribe
current bank notes Of tn place will be received
nj their marke, yaluc N com.
IL ease OF an oyer-subseriptiog, pref Renee
viii be given first to those who pay down ,heir
whole subscription next TO subscribers ol 500
next to subscribers OF Sloo.
&C. MEMMiNGkR. ~c'y IF Treasury
MoSrcoNYgs March Is. 1851
ssay- For more complete information TO all
concerned copy Of the Act OF Congress Is
suhjoinal
IN ACTto raiss money foy hs support Of re
Government, an r. Pfopaie for TIE dcfcsec =
the Confederate Stale Of Amnte7.
SECTION (, IL Congress Of the Coated,rats
State If .ia,srica d ciad. lha' the Fn-.ilen,
OF the Confederate State. be- and b. "a horeby
authorized Vt amy time within twelve months
alter the passage az thi. Act TO borrow on the
credit Of the Confederate States smm M, *
cesasl ng hnen millions Of dollars. or 30 much
thereof Va IN his opinion the eNigcncies'oi the
public service may rcqalrc 10 be applied 20 ihc
payment o. npprnmiaiious made by law Tor tlc
support OF the Government aud ior the def. nces
OF the Confritg rate States.
SIC The Secretary OF the Trcasary Z.
hereby authorized. BY the consent Of the Presl-
dent ~ tho confederate States, 10 cause 30 h0
prepared certificates u stock or bomb. la snrh
suns a. are herelualirg meniioned tor the a.neuu,
10 be- borrowed as aforesaid % b. sigae1 By ,io
Register Of the fnr,safy and sealed VITA tbs
seal Of the Treasury; au'l tn said e., ls,fss Of
stock or bonds, shall he made payable at the ev.
piraiion OF ten years. from ,he first day Of sep
TENDER next and the Interest thereon shall be
paid ,m.-annnaliy u the rate 81 eight per cent
PER annuln, al the Treasury, and snch o,h,c place
A. the Secretary ct ihe Treasury may designate
And to the bonds which shah De ise as aion-
said. shall be nt;aehtd coupons Tor tue scinl.Ai,.
nual interest which may accrue, which coupons
NAV be sigici by officers to be appointed Dor
the purpose hy the SECRETARY Of the Treasury
| And the Mi,h Of tie Conisierate States Is here
bi pledged iog the tHe payment Of the priaci pal
and interest Of the said stock and bonds.
SEE g. A, The expiration 81 hse years, fun
the tirs; DAY Of September next, the CONFIDENT
States nmy pay ap any portion of tbs bonds OF
stocks npon giving thrive months pre-, ions pab-
/ lie notice Al the Seat Of tieyernmeni of the
psr,calar stocks or bonds to be paid aud tho
time and place Of payment; and from and s'les
the time 50 appointed, no further interest shall b
paid on said stock or bonds.
sxa l. The certificates Of stock ard boud'
shall he issuv,i 10 -,.s., T., .. - H. sNsN N@f'
AZ may be determined by tho Secretary 81 the
Treasury. aud may be assigned or delivered en
der such regulations ss he may establish Ba,
uone of then, shah be Inr less sum than tiits
dollars; uni be shall report to Coayfsss a: is
nexl session, statement IN detail OF his proceed
ines aud the rate a, which The loans may has,
bsen made. ard all expenses attending the same
! SIC. 5. From and si,cr the at day OF Aus.
uss, 1861, there ahpll b. levied. collected ans
psid dn,y Of one eighth Of cen, per ronnti Of
I'll cotton Ii the raw stnse exported from 'h,
Confederate States; which duty Il hereby sfe
c,slty 0kdged to the due payment Of intef.s, arc
principal Of the loan provided for in this Act
and the Secretary Of The Treasury Is hereby asih
orissi and required TO establish = sinking fnns
to carry into eject the provisions Of this scc''on
pyov.aAd however. that the interest conper~ i
sued under the second ss,ion OF thia Act. ~hcl
du<. shall b. receivable IN payment Of il'e erpns
duty on cotton yrosNed sio that when tn
debt and interest thereon, herein asthor,2ed Il
h contracted. shall he oxtinsn lSAcd or the ark
inx hlnd provided far that parpoab shall Be al
sqnsgs u that snS, tic said export duty sbAl
e:a1s end asserniup
AfrRovso 7stA FskrusF,, 1851 ;