American citizen., 1861-07-06

tive State, suits this latitude as wea As that
of good old Georgia. We hope every planter
| in Madison county may read it, and that
those who have not subscribed to the loan
may be induced to do SO at once.
10 the Planters of Georgia.
The mask is removed. A war of subju-
CATION and annihilation is being waged
against us, with a feroeity credifable to
brutes and malgnity worthy of demons
Depopulation and spoils are the war cries
of our enemies. Liberty or death is our
unanimous response
BIen and money are the snews of war
We can supply both Shall we do it, and
how! OF men, there are volunteering for
tie arar in ample numbers. In all parts Of
the country, the struggle between contend
sing companies is, seho shall get an? God
bless our brave volunteersr The planters
are remaining at home AID are doing WELL
1t is as necessary to have the earth titled,
and our crops certain, as TO fight the battles.
We may rejoice over the fact that such is
our favored condition, that our immense
army in the fold takes away but few hands
from our productive agriculture. Our field
laborers are not necessarily our soldiers.
War does not, therefore, stagnate our IN
dustry, or destroy our income.
I
pronounce US panpers, and flatter themselves
with the thought that an empty Exchequer
will soon conquer peace for them. We
smile at their ignorance and rejoice over
their blindness. 1t is true that we have
not accumulated capital in the vaults of
Banks. You have invested your surplus in
lands and slaves. 1t is true that you cannot
check on your factors for large amounts to
invest in the Confederate State Bonds, You
must wait for your crops before you can
empty your contribution to the support of
the credit of the Government. But the
Government mist have money at once. Our
soldiers must be fed and clothed. How
shall this money be raised ? ~
Two plans were presented to your Con-
gress. One, an immediate direct tax the.
other, to rely upon the credit of the Gov
ernment and issue bonds and treasury notes.
The former requires cumbrous. machinery,
and time for its execution, while Justice re-
quired .fuU Information by your legislators.
before they acted. The other promised to
be effectual from the alacrity with which
our first loan was taken by our capitalists.
To make it SO we must have your help.
You, as q class, did not take up the first
,an. We have already given the reason.
Your surplus was already invested. The
same reason will deter you from taking up
this loan. What can you do To answer
that question is the object of this address
And before we answer it let us say that we
are rot volunteer interlopers rendering adj
vice to you, but we are special agents of the
Government Gas every other member tof
Congress Isl, without pay, and at our own
expense, commissioned to, present this mat
ter especially to you. The credit of this
Government and the speedy termination of
this war, depend largely at this moment
4 har afrin apfi of lp nj n
the South. No man doubts your patriotism.
To point out to you the way to manifest 1T
is our present purpose.
The Government will need at least fifty
millions of dollars. The capitalists of the
South will nave the money. Nay, more,
treasury notes kept at par viii meet the de
mand. But we cannot expect capitalists TO
invest their all in bonds, while the planters
do nothing. Nor can We expect treasury
notes to remain at par when nothing OF value
behind them nsures their speedy redemp-
ton. Hence, to induce capitalists to take
up the bonds and to retain par value to our
treasury notes we must have behind them
substantial basis, either of coin, or, what is
more valuable, the staple productions of our
soil. These we can get either by taxation,
or, in war times, by seizure. The Northern
Government has already resorted to the lat
ter. We hare not, and acc aeW not. And in
preference to taxation, we appeal to You vol
unfairly to sustain the credit of the Govern
ment with your crops. We do not ask or
expect you to make donations. We propose
to give you g dollar for dollar" Now for
the plan.
Annexed hereto, is copy OF the first
section of an act to authorized loan, &c.
Bv it you will see that the Confederate
bonds, bearing eight per cent, may be issued
for s'the proceeds of the sales of raw pro-
duce. Under this, the Government pro-
poses to every planter and farmer to receive
from him subscription in advance OF his
crop, of any portion thereof exceeding one
hundred dollars in value, and to pay him
for the same in the Confederate bonds, so
soon as the crop is made and sold.
To illustrate-you make two thousand
bushels of wheat, the same amount of corn,
and two hundred bales Of cotton. You sub
scribe 900 bushels of wheat, 1000 bushels
of corn, 100 bales of cotton, and specify the
place of delivery, ycu or your own factor
will sell it, and pay over the proceeds to the
agent of the Government, and to receive for
the same like amount in bonds OF the Con-
federate States, bearing eight per cent In
other words, you agree now to sell specl-
fled part of your crop for bonds. That is
all. r
What good will this do? An immense
good. 1t will sustain the credit of your
Government, and convince our enemies that,
by repeating the same operation every year,
we can keep up a war for a century, and
our people flourish and prosper all the
while. a. ff fgs
Let us show you how it will sustain our
credit Take single article. cotton. The
South makes annually four millions of bales
Suppose each planter subscribes one feerth
of his crop and agrees to sell it for bonds
tbot r;vaS ot,r Govprumeut O1e million of
bales of cotton as basis on which to demand
credit. They are worth ffy millions Of
dollars-European capitalists viii advance
that amount upon, them. All planters will
not, and some cannot subscribe at all. To
ensure enough, let each subscribe one half
and we will be sure to obtain million of
bales. Is there one of you who would not
give one half of your crop to secure yonr
liberty2
Suppose the rice planters, sugar planters,
and tie tobacco planters, will, with equal
.>f fl.<a,-