Daily Richmond Whig. [volume] (Richmond, Va.) 1861-1862, 1861-11-27
RICHMOND wHIG.
RahtEF Fog The PaANlaas.
10 the Editor OF The Vaig: at-IH l

RshtEFF0R The PLANTERS 1.c .s
70 the 4ditor OF TIE Wa'g al -
Ia my conEeul,ion With yous f,w cyanirgI sirca,
you we're kad eaouh 70 ipyi.s ms % preplro for publ
cation in year jsurnsl, sEynopsi OF my scheme Tor the
relief of the plaptag Interest," Awaiting yslf of your
couFosy r5p5s. osu9nili 70 you, considera.ion as
cOncisely as possible. Tie pl % pgsposes
lst Ths interpretation by CoBgyss Of Joint siock
Company with csi al OF $40 oOc6eO, ard tee invest
mcut Of Ibis lugdiu the bonds Of 100 Co0lgd'rAcy.
q Tns privilege i,siips bills, for an anopst equal
to the sun dupotitsd. i-.
81 The privilege cf ssnqg l'lis based uron the de-
pOsil uiih Tie Goysrthfsn: of produce c.yifoa.es
IudsO4siag ;hs p-4 I5eg 70 invite ySuF attention
particularly to eieioEisg lsinre, al OF which arc
assest5is II any schsgpA anSvA bfs yod % hest "a
MUD in TIE e1a,insNol, Va: Elafto iro Planter
,buGdSnI srouriiy tue oeaollar-iTcseon from en-
blrrasmeat 10 the Gaverlmeria5d remuneration to al
psr,its interest, , in or c5eacsssa aib The Company
These p-oposi;ioas hope 5l5ct fliy 10 d,moaNrae.
When ths eapal stsl. hive Ds.a e3a.Gbu.d il such
funds As The GOvernust vii aeSeoi, !. s5rl bsiayctcd
IN CoIfeie-a,e Bonds a. no Irsauvg As !. ID pro'
p9ssd to iuo.por,e IN Il oaArer Of tha Conpsuy a
provision io,biiiing tho i,suancs Ct Company roes
for any 9th sr purpose t6rs sSgaa-o on praNes
In se;tlIm'p, 81 s oEn lat,iii S and do 70 provide
the amosa. pr l, wARbusy be a3yarcH On each ir-
toe 0, PrOdaetoa, aud ia1 sdv4neobo Fixed a. sneh
rate chat fac,uaons in rsao clnaot c. tle insres,
% the ac:s-toid.r It Il apprsnt ss; 5scsc. o'ly be
sus aired by he Comp,py, by tho faara Of those to
whon aey.uces have been made 70 del,ger the article
ldsanoDd Oh. The oaqiuii named viii be anp'e 10 IN.
deuiaify the public agiuss los rom bisq1after. II,
bonds thus purchased to be loig-d gi;h the Government
as COlteFs security iOr ea equal eGoUn: Of Gonna y
uoles payable twelve months iter pace, oounlersgued
By the Government, aad thus asu-eucc wiz be gyou TO
the mole Lolder that erpg irdsaniy p 1ged for bis
protcciigl. Tleso rot 5Le Company n,y then loan TO
he psanters on p7oioe conway cd TO j. y assignment or
delivery, OF rate OF interest not to ,z,ead Per cent
aud when sslts Of the proprty shaii DO made BY ne
Cmpany. 1t shall b. entitled to nuke the usual change
Of actors for adva- cing and dsp0-ns OF produee-
When the notes thus obtained sbal have bsoa parted
with, tha Conp,ny to have The tashor pavil.ss Of
having s notes eouu;eIsgUod by tdo Goyr- ~ nj, on
its dpOsiizg haTewita The produo3 certificates CHAINED
by 9 previous issue. Az Che aYiruc value OF these
cern aGes vii matedlly exceed he su2fai Of Com.
plays npies waieh the Cover melt Eccuu.erzga The
txeess Of ra'us bscom, a iErtlcF security 10 uots
bolders, and fully jas, the Government in giving
rance OF safety Tee notes thus obuiaed then he
loaned, and, "a necessity TSq.ires IS The operation can
DO con.irued "1d ,iataiao, :" for, as Tie notes gs
parted With, repr1enu.lvo Is oh ainol Ebwhiqh aP-
pisatiois el be made gc- eorc4fed extension fly,
hsn you have the general outces OF mode BY Which
safe and resbe currency c.n BE- created and succor ex-
tended to th,i cos OF pop1laicn Who nsT rCqaiFr
aid By Il Ibo producfr 10. only receives direct aid
and relief bu no docs at rate OF interest her toioro
unknowu to lia ana, i1ircy, his advantage ia by no
uelns incoas5,rbo, ri haviag s1ch large anoulas de
posted IN The custody Of company sohsss Hres. viii
prompt to the utmost dlgepoe bc may feel assured tha
when the USrkst opens will 10. be oppressed and gu
ted with his podgco bat deals on, IN eu,a qu'aiss az
sil usurs largest puo.s The note holi2ri' abuld
sn,ly proteotcd-or ne hss Governmental assurances
that The note which he holds 1 anpy protected by n
ismniies held by It, and which vii be retained until the
the Obligations whieA it glod ara rctu.ncd.-
Tho GoT,rumont ia advanaEed for t nos only obtains
liberal subscriber It's sOcs, but is does so on teEms
more than usually advanagcou, for hsyirg the custody
Of lis beads this amount Of its liabilities Is Withdrawn
from the market and to that excnt ds IN avoiding Che
injurious cr cs Of REDUNDANT ISSUE Finally, the stock
holder is beutned, as ehslI proceed to show, by an
situate Of pr0a aud hayiUg established THE, trust
on viii not consider me egoiisca in clihing 70 have
succe.sfaIly Demonstrated my proposition. on npiia
of $4,000 coo hipt sii, 20 sasune that operations
osn be exiepded to S40,OOloCO. Assuming Ibis as q
basis, we Fave
$40 OOo ooo loaned to The GovHument at
per eeal, 100000
R.loaned TO plautera a, per cont, 100000
5000 600 from Produce Certificates, AID
loaned ot 4 psr cent, 100000
100000, coo at y Faotors' CcmwssiOna, eco 900
$S45OOOO
as the rssut OF orc years operations provided the Com
papy continued only for hailsngh efine, Fer'hcecn-
mi sicn ofS ,OOe coo charged as iacior VII 80. be 10
aiz ID until q properly X scl6 Drcardag tbs icn,
We have 2AoAGe0 enpR reesips on m iuyei.ei eaI-
its o $40 OO9 O09, And fro i' de esp Rsss agsaot
10 be dedb5iec,-fcr II the & i.soa fiaag to re
charged, viii not Sffay @ lpa7, 80 lave aaolhrr
source not yos tnbrsssd ia the eagaaios The SO.
100000 Of properly Is iaEeh b -paHy, at very
low value, probsby rot oae hsf Of is tgne roFb Wien
tae blockade ehr hlyor ises aud, ber in ard no dis.
posun Of the proprtyls epn,ePlasd ul,l that tine;
the propsriywia then be hqgnenied IA ylua, 20 say,
$4,000 0oO; ana leTe We hsys "a additional go 0lO-
oe0. on which va WIZ be entitled 90 eaarssa c9ms is
son, ans yi.dnr $l,eooe0o more Tse ityesincnt is
an attractive one, and VII opipald Inc support ofcap.
i.al.s throughout c1tfsle,ac7 sqd clzim for tic
sohcras osc striking pseuliary thit wla yielding an
eaerncus reverne 70 the soosholers, gsPrrses from
,as5a ihqi repecus ;sdrissa c'e eoteuy 10. ojres,
Gl. positpc,y JsnsG,sd, and All Parties Interested IN,
or couneotod with The compiny," dofiyc Gdvsntases-,
You viii observe TIA. tie corporation sill cobne he
49,. n =. a L.. ..a.|l 1t. -
former its points Of d.srireo m5rscd. It sill 0e
Bank of,ue; but thai sue win DO baed on conditions
u,lke Other Blnks. IL basil ilc5tOa lieu q tpocis
sDd instead c Issuing Eve dcir' Of notes for ono o.