The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-03-25
rar ppnpoSpn EIGHT MILLION LOAN.

The Secretary of the Treasury has issued the fol-
lowing proposition for an eight million loan:
TREASURY DEPARTMENT, March D. 1861,
Sealed proposals will be received at this Depart
ment until II O'Clock at noon Tuesday, the I'd
day of April next for s. 600 600 of the stock of the
United States, to be issued under the act of Con-
gress ofthe Sth of February last
This stock will bear interest at the rate of per
cent per annum, payable semi annually on the LIST
day of February and July in each year. and will be
reimbursabe in 20 years from the LIST day of Janu-
ary last.
The proposals should be endorsed on the envel-
ope, "ProDosals for Loan of 1861 and be address
ed 'Io the Secretary of the Treasury, W ashington
d. e. They will be opened and decided at the
time above stated No offer can be accepted for
any fraction of 81 900, will any offer be consid
ered unless one per centum OF its amount is deposit
ed with any depository of the United States, sub
ect to the order of the Secretary of the Treasury
The certificate Of such deposit must accompany
each proposal.
All offers for stock under this notice must be
conditional, and contain no reference to any other
offer The offers must state the sum offered for
| each 500 of the stock.
Bidders for this stock whose offers shall be
| cepted, must deposit the amount offered and &C
! cepted with the Treasurer OF the United States,
or with the Assistant Treasurers at Boston, New
York, Philadelphia or St. Louis, with the De
positary at Cincinnati, on or before the 18th of
april next. Should any successful bidder desire
to deposit at any other point, his request to that
effect will DE duly considered.
Upon receipt. at this Department, Of certificates
of deposit with the depositaries above mentioned
certificates of inscribed stock will be issued to the
successful bidders, or their assigns in sums of one
| thousand, five thousand, and ten thousand dollars
at their option. Inscribed stock so issued will
carry interest from the date of the deposit of the
money, as above stated and will be transferable on
the books of the Treasury, agreeably to the regu-
| lations of the Department.
Should any successful bidders desire certificates
OF stock, with coupons of the sem-annual interest
thereon attached to each certificate, they will be
| issued in sums Of thousand dollars each with
attached coupons for interest from 1st day of july
next, and such coupon stock, instead of being
transferable on the books of the Treasury, NAV be
assigned and transferred BY the mere delivery OF
such certificates The interest on such coupon
stock from the date of the deposit of the money
therefor until the first day of july will be paid on
that day to the accepted bidder or his attorney bv
the depositary with whom the principal was de
posted.
The preliminary deposit of one per centum re,
CURED from all bidders under this notice, will be
included IN the final deposit of principal of
full bidders, and will be directed to be Immediately
returned to unsuccessful bidders.
5. +. CHASE, Secretary of the Treasury.
THE New COMMERCIAL PRoHIBlTIoNs.-We wond Ell
not that foreign journals should express disappoint-
ment and vexaton at the passage of the Morri
Tariff by our Congress. While all the other ma
lions OF the world are looSening the letters trade
and establishing kind relations among themselves
cemented by the common interests arising out of 6
mutually advantageous intercourse, we are taking
measures to close the avenues to such an inter
course, and are drawing back our hands from tn,
friendly grasp which is offered u.s. We are not sur
prised that the sympathy which civilized Europ
naturally feels for the free States of our Union il
their dispute with the South, should be somewha
diminished by this churlish folly of the North.
What a leap this tariff takes towards absolut
| prohibition may be Judged at from the following
table, which shows how enormously the duties hav
been increased in single branch of our :mporta
tions--those, namely, of cotton cloths.
| COMPARATIVE STATEMENT DUTIES ON COTTON GOODS
BOTH BLEAcHED AND DYED, UNDER PRESENT AN.
NEW TARIFFS
| White, NEW