Evening star. [volume] (Washington, D.C.) 1854-1972, 1861-09-02
O Ff IC IA L /.
NATIONAL LOAN.

NATIONAL LOAN.
To the Citizens Of the United states.
Your National Government compellei by .
guilty conspiracy, eliminating In cause ess insur
rection, 10 engaged I'm War for the security Of
f.nss rTI the .Spsemsey oi Law for The de
uiar lnsttutions For means 20 defruy the neces-
sary expenses Of this War, your Congress has
directed that an Appeal be made 10 you, by open
Hundred and Fifty NJ Illions Of Dollars
Already the enlightened and patriotic Capital
lists or the great cities Of New York, Boston, and
fniladelphia have manifested their clear sense
both Of duty and interest, by tie subscription OF
Fifty Millions OF dollars
The Act Of Congress under which this subscrit.
uon ives received wisely provides, however, thst
OF participation In this Loan shall be offered not
70 the capitalists Of the great cities ony but %
the people Of the whole country
In order to secure substantial reward for their
public spirit to those whose patriotism prompts
them, In this hour Of trial 10 place tn ir means az
tne disposal OF the Government, Congress has d.
fscted that an Interest Of seven and three-tenfhs
per centum be paid on tbs several amounts sub
scrtbed; an interest not liable 90 State taxatiop
but constituting for the subscrib ers a revenue not
only certain In receipt but greater In amount than
can De expected from any ordinary investment
And, In order TO afford to all citizens equal op-
portunities OF participation In these advantage
Congress has further directed that be
received s for sums =. small as f'y dollars as well
scriptions exceed the whole sum desired, the
smaller be preferred in the distribution
=, Each subscriber, on payment Of bis subscrip-
ton, will be entitled to receive Treasury notes Of
equal amount in such denominati az be NAV
prefer, whether Of any, one hundred, ave hum
dred, one thousand, or i've thousand dollars.
IL wiz De seen at q glance that not only 10 the
whole property Of the country pledged for the In
terest and fnal Reimbursement Of this loan, but
that an adequate specific proportion OF the annual
PROD usaon !. set spsrt, by taxation, for The re.
yond contingency, 10 thus ensured
nor can this taxation be thought great when
compared with the magnitude Of the objects Of
the contest, or with the amount Of property and
The interest at $40 per snnum viii be, on the
notes OF ffty dollars one cent; on one hundred
oon ,. Two cents on I've hundred dollars, ten
cen.s, on one thousand dollars, twenty cents: and
on nve thousand dollars, one dollar per day
Al treasury notes Issued will bear date on the
istn OF August, 1861, and win carry Interest from
tnatoae. Zach note will have coupons attached
expressing the several amounts of semi-annusI in
tefesr which coupons may be detached from tie
mote and presented for payment separately.
Eacn subscriber may paw the whole amount
subscribed at the time Of subscriptiop. or. N he
prefers TO do %, may pay one tenth az that time
ana one-third every twentieth dsy thereafter At
eacn payment the accrued interest On the amount
rom tne 18th OF August 10 the date OF payment
must also be paid; and the amounts Of inferred
the frst coupon -
IN otuei 70 secure, beyond peradventure, the
Punctual payment Of interest and the gradual
fedocuon Of the principal, Congress has pro.
vided by law for an annual revenue amply suf-
ncient not only for these purposes, but Tor the
ordinary expenditures
The objects are Union, popular Government
permanent peace, security al home respect abroad;
telligence Of the people comprehends al once their
magnitude They rise above party. They belong
70 no Aominisraiion. They concern the whole
country, during all time, under every Admins
. and In every relation, foreign or domes-
And the means FOR the attainment of these sreat
objects can be readily supplied from the property
son, Procncnon Of the county, The real and per-
aggregate OF sixteen thousand millions of dollars;
and In the States now loyal to the Union this 40,
Rregae 10 eleven thousand millions.
Inc yearly surplus earnings Of the loyal people
are estimated, by Intelligent persons couverssnt
Win such Investigations, al more than four hun
dred millions Of dollars while the welI-cons dered
judgments OF military men Of the highest rank
ana warrant a confident expectation thai the war
prosecuted with energy, courage, and skill NAV
De brought 70 a termination before the close a
next spring; In which event, the cost. beyond The
two hundred and ffty millions loan suthorized
oy Congress. With due economy in all brsnehrs
OF the public service, the total Expenditure Tor
q war need nSt , sed s this
diSpres Of Great Britain or France in years Of
peSce.
And It unreasonable to hope that the suspic.ous
result OF peace may be fastened by the reflections
OF the citizens Of the States In insurrecuon, That
tney viii review their action weigh their own
weifsrei consider the disposition Of the People of
,he whole country to recognize all their constit1-
tonel rights and TO allow Them their full share In
the dement's OF the common Government aid
renew that allegiance to the Union which, In an
evil hour, they have been tempted TO throw on,
Government Of the Union has been constrsiped- n
not war for subjug alton, but a war for Nst5oosl
eLis'ence and that suspicious result to the Union
the States which have remained Ioyal,
However this may be, the duty Of the National
Government, az the ADDITIONALLY Constituted
agent OF the People, admits Of no question The
wa, made necessary by insurrection, and reiuc-
tantly accepted by the Government uusf be nros--
ecuted with all possible vigor until the reet,rstinn
Of the Just authority Of the Union shall insure per
Tbs same good Providence which conducted
our fathers through the dimcuities and dsnQers
which oeset the formation Of the Union, has ers-
Ssaioosiy strengthened our hands for The work Of
The crops Of the year are ample 6ranaries and
barns are everywhere full. The cspitalists Of The
country come cheerfully forward 70 sustain the
s Saeo &c Of Inc Government Already, siso, even
sek 10 share the honors and the advantages OF the
loan. Never, except because Of the temporary
asprs.ion caused y the rebellion and The de-
people Of the United States in . better condition
70 sustain great contest than'nov.
Under these hvcring circumstances and for
tnese grand objects, shall, Ia pursuance OF the
ACT o. Congresf cause books ofsubscription 10 be
opened = speedily - prscticsble IN The several
ciues and principal towns of tie United ststes An
order that all citizens Who desire to subscribe 70
zoe 70 loan NAV have the opportunity Of doing -.
Meanwhile those who prefer that course can remit
any sum which they desire % invesi in the loan
70 me Treasurer Of the United States at Wsshiag-
ton, o. 70 either Of the Assistant treasurer a ,
1oeton, New York, Philsdelphia, OF ST. Louis,
o. 70 The Depoeitary AZ Cincinnati, whose certif.
60 VIII enius the holder 70 Treasury notes en-
people, u 10 not % be dorbted will promptly re-.
sPond 70 the liberal wisdom Of their repfest nts-
uses. p. CHxsx
Secretary 81 the Treasury
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