Daily Nashville patriot. [volume] (Nashville, Tenn.) 1860-1862, 1861-06-16
Confederate stale. Finances.

bilrary pow r."
Confederate states Finances.
The Government of The CUufe.i. rate States.
Which l. now in successful OPERATION in eley-
en- ni the States E.rm-Ily composing the Old
Union, was intended 10y its trainers 10 be The
.nnst economical government in the world.
Every prs caution was taken TO prevent un-
ecrssary expenditure. and SD well have they
succeeded, hat in times of peace the burden
nf supporting the government will not be fell
10y the great m .ss of the p-oDl hut We are
now living in ex raOrdiIary times The
country ia involved in a war with a powerful
and vindctivr enemy. and t. enable the gov
81 nm~nI 10 cope successfully with this enrmS ,
larg" amount OF mon-y must be raised for
its support. IL is war in which ar. perilled
all hat honorable men dem worthy of Pres
..ryaIiOn, their lib rty and ind prudence -
their family affairs and th.ir honor.-and
ID re are hundreds of thousands of men il the
South to-day, xhO would chez fully give all
they possess in the world to aid the goveI n
meni in conducting the war rather than it
mould fail for the want of such aid But al
hnugh the government will r. qIire a large
amount of money. it does not ask the people
I The South TO give il a dollar. IL proposes
to pay full value for every dollar il receives
The resources of the Southern States are
rOtr on, tobacco, rice and sugar. are sufficient
% control the markets of the world, and il i
to the planters who raise these articles, a.
well "a 10 the producers of grain, that the
Confederate Government applies Tor a loan.
Ii dos not ask The patriotic citizens of the
south to give away anything, but il dies ask
thin 10 place at the disposal OF the Govern
mpnt a portion of th ir growing crops, Ia
king in exchange therefor, The bonds of the
4 .
payable mi-anGually. Here ia a chance for
The planters of the South to manifest their de-
sire to sustain those who are defending the
homes and freeides of every man in tn
SIuIh. In order TO take this loan no cash 10
hand is required the Government has obvi-
ated thai d :fficulIy.
The Government will need at least fifty
millions of dollars, probably more, to meet
be expenses of the present year, and there
should be no trouble in raising double that
amount. The cntiOn crop alone is valued Al
DOT less than two hundred millions of dollars
annually, aud if every planter in b. Con-
edrraIe States should pl' dge 10 the Govern
menT one fourth If his crop, the fifty millions
w'.uld b. rsis'd at once. In addition to COT
ton, the S.uthern States produce a larg,-
amount of tobacco, >ugar, rice aud oih.-r pre-
vIsIOn-- The provisions can be turned over
% III Government as sOCn as harvested, To
he used in supplying the wants of the Con
IesiertIe soldiers. the producers receiving al
once their paw thrrrfOr in CnnfedeaaIe Bond.
In this way the Government will be aided.
aud the planters b. supplied with band
perfectly safe in thems.lve-, bearing Interest.
and available for use n mnIey. These bonds
will buy everything needed ny the planter.
and as sOou as the clnse- they will d.Iubt
ess he Gag. rlN sOughr for by CAPITALISTS.
The plan IF the Gown for raising
iund- ought 10 b- adopted promptly. IL all
hose wb.. can. will come forward at once and
declare how much of the stock OF the Gov
-rrmrnut ~ ar- willing to take. the ben, f.
.-iaI q CT produced will be far great-r thai
The money value ( he loan. It. effect will
he TO nerve the hearts of our rulers III
he PRESENT m m nIOu~ Struggle Th-ir Re
ID I7>ibIIi les ar. great, Ih ir Cares UueTOus.
nd a d. cided evidence of sympathy and cou
ti,ience on The p ,rt of The people, will great
Y tend To cb.'r them and tighten tn, ir bur
den. IL will iniuse iresb vIgOr into the brhrIs
( The IbuI sands of our gallant soldiers, whc
ar, now chilling tn ir lives in The cause #
their country. IL will prove to them that
IhO-e who are l'fi behind are not uumiudfui
of their brave driender--that they are will
ling 10 pledge in advance the proceeds oil
their lands to sustain th' m And finally,
pr mpt move mrnt OF this kind ON the par
4 the o Ithern planters. will have trndrn-
cy TO sh'I The war and prevent b. eff
zion OF blood as il will not only cOnvinc
E Ven The musI skepIic,l OF nur enemies that
b. reopl. Of The Sou b are in earnest, aud
hat Ih have The will aud ability to sustain
those " Lo are 6ghIing for their independence,
but iI will also have powerful j. q reno : il
the Governments ui o. b. nations
that the South Is not the bOasting pauper 81 e
has be- q rrpres MED 10 be.
Looking at The matter in any light they
please The pecpl.- of Tie South cannot iaiI tn b.
that the loan, the mann, r OF fleet
ing and the results TO be achieved hy il, ar.
I'D, ST advantageous and desirable P,Iriot
i'm will prompt the planters of The s nth IT,
xIrnd every aid in their p wer to The caus
III the G v, rum. Mt aud nIerest at The sam
lime will Induce tn m to NIX as large in
rtstmenIs as possible, in what must Leces-a
rily prove o be the most valuable and best
paying stock in the country.
Ii may be urged that should The blockadt |
OF the Southern pOr's continue, th. value o
cott' n and tobacco pledged would he greatly |
d. prrclhled. This will not be the case to any
cnnsideI able tx pnt, even though The block |
AIDE should not be raised for year or mere |
The COTTON would then remain in the cuun |
try, stored IN the warehouses, basis foI /
credit, like cuin in the vaults of a bank W. |
know that E gland must have the cotton
-OOner or later. and that she will contrive
sume means to get il and pay for it. with |
gold, and THIS gold Can be used, il desired, to |
redeem The bonds ii the Cont, deracy. These
boud.. then, are pert, ctly sound. The credi, (
of the Government is pledged to redeem
them, and tue TAI b of the people is pledged to
ustaIu the Government. A chance is there
Iure offered for all men In the South TO in
v, st their surplus products both patriuiicalI,
and pruftahly. We hope there may be
general response TO the call OF the Govern
AdU.