New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-09-26
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CIRCULAR

'.5.. coSEEDEEATE STATES OF AMERICA,
Treasury Department.
Richmond, Ang o, 1861.
The Congress Confederate States has authorized the
Secretary of the Treasury issue bonds not e
ceeding hundred millions of dollars purpose fund
ing its treasury notes. and for making exchanges for the
ceed of of produce manufactured articles and
the purchase of specie and military stores.
Under the authority Of previous act the Secretary appointed
Commissioners resident in different sections of the several
States toscc in advance from planters manufacturers
Others subscriptions of the proceeds of the crops
and branches of industry be paid for bonds Of the
Confederate States.
To the patriotic and jealous efforts Of these Commissioners no
than lofty patriotism Of the people, the Government
indebted for subscription which reaches already
many millions of dollars The beray of every class of the
community has been evnced The cotton rice the tobacco
and the planters have We'd with each other in the
staple alone the subsc option several OF the States
reaches from nehird TO onehaf of the entte CROP
not proposed as has been frequently explained inter
er with the usual and customary arrangements planters and
others making of their produce is not necessary
1t only asked that each individual shall Indicate ADVANCE
thepropo ton of The which he is willing subscribe the
time and place Of delivery the factor merchant in wboss
hands is to be placed for SALE and who is authorized to paw
the proceeds and receive in exchange Confederate bonds
The bonds carry per cent payable seannuay and are not
be issued of less denomination than hundred dollars ey
cep where the subscription less amount when the limit
fzed at Fifty dollars The payment of the principal and in
erest of the bonds is secured will be perceived by specs
act Of Congress.
The agricultural and manufacturing interests which have
the opportunity Of contributing to the sustaining
the credit Of the Government not in condition to make
cash subscriptions the loan previously authorized Their sur.
plus capital already invested and their command of re-
sources the of things mainly to be looked for in
the future Upon such future they auth rized
safely to draw and the investment proposed aside from its
claims the score of patriotism, may be regarded as alto
gehe advantageous aud safe Other business ransac
tfon5. ~. -.....
The time CT sale referred to in the caption the lists Which
out is intended indie usual date at which the
crop brought market and will of be subject to those
considerations CT mutual interest which would postpone se
where the property would be sacrificed
Special agents have been appointed will be appointed in
every county districtof the South They be furnished
with subscription lists and requested bring the subject before
e feowcitzens in every proper MANNER by personal APP
peas public addresses through the fundamentally the
press, The results Of their aaos will be communicate from
time time to this Department. and Is requested that agents
will endorse TIE lists The of postoce county
and State 10 which they belong.
The sections of the several Acts Congress- which relate to
the subject of the loan, are herewith annexed.
G. g. MEMMINGER
5H .f ,"-- Secretary Of the Treasury,