The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1861-07-05
CIRCULAR.
OFF1cE OF THE Co1alss1oNERs OF THE }

oftlCE OF THE SOHMlSSIoNkHSO OF THE 4
SINKING Fund OF THE STATE OF
Ono, Columbus, June IL, 1861. )
Hon. Peter Hitchcock, Burtoa-Dear
Sr: :-On another page will be found a
copy of the advertisement of the Com
missioners Of the Sinking Fund Of the
State Of Ohio. inviting subscriptions bv
the people of the State to the Loan Of
Two Millions Of Dollars, authorized by
the act Of the General Assembly "to pro.
vide more effectuslly for the defense Of
the State agaius, INVASION" passed April
26, 1861.
This invitation, considering the extra
ordinary emergency, we trust will be
promptly responded 10.
The State Of Ohio, always loyal to the
Constitution and obedient to the laws, un.
der which she has so rapidly acquired hel
proud position, has responded TO the cal
Of the President with twenty. five thou
sand men, who have pledged their lives
and their honor for their country. They
must be sustained by those who remain
at home. Arms, clothing and subsistence
must be provided for them, and, 10 pro
cure these. money is necessary. At the
beginning Of the war The Treasury had
been bankrupted. and the National Ar
senals plundered by traitors in office
In such state of affairs it is the duty oi
the patriotic people Of the loyal States 10
come 10 the assistance Of the Government.
The permanency Of the Union, and the
efficiency OF the Government, are necessi-
ties, without which wealth is destroyed, f,
and personal security lost. To defend
these the soldier pledges his life. To sus.
tain him is the duty Of those whose prop
erty and safety are in peril. To them the
soldier appeals.
By acts Of the General Assembly re-
Gently passed, the Commissioners of the
Sinking Fund are authorized to borrow
two millions seven hundred and fifty
thousand dollars (s9,75O,OoO.) A por-
ton of this sum has been secured from the
city OF Cincinnati, from Banks OF the
State, and from citizens Of Ohio. The
whole amount authorized ought 20 be
taken within the State, and we feel as
sured will be. A calculation based upon
the personal property Of the State re-
turned for taxation. would make the pro
portion for your County eleven thousand
dollars ($ll,00O,) 1t seems to us that
little personal effort by yourself and other
patriotic citizens, would result in pro-
curing that amount.
State bonds. or stocks, will be issued to
parties taking the loan in sums OF one
hundred dollars and upward, as may suit
their convenience, having seven years to
run, with interest at ak per cent. per an
mum, payable semi-annually al the State
Treasury, and exempt from taxation.-
The investment Of money in these bonds
is a good one. saying nothing Of the pat
riotism that should induce the people OF
Ohio 10 take thom. Our own citizens,
who have money and property lie be pro-
tected by the Government, should step
forward and take the loan, especially as
they can lose nothing by so doing, and not
compel the State to 60 abroad for the
money she needs in this emergency.
Very Respectfully,
r. w. TAYLER, President.
A. p. RUSSELL, Secretary.
ADVERTISEMENT.
OFFICE OF THE COMMISSIONERS OF !
THE SINKING FUND, Columbus,
Ohio, June 10, 1861. \
The Commissioners Of the Sinking Fund
Of the Stale Of Ohio invite subscriptions