Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1861-04-19
From the n. Y. Evening Post

HE NGOIE OOhhENGOND ENCE.
THE sourHEaN LOAN IN THE LONDON MARK
Er--NEGoTrATIoNs DECLINED.
We arc indebted to Messrs. Slope q Co.,
bankers in London, for a copy Of their letter
TO Mr.. Crawford, banker in Charleston, s.
c., in answer to his proposition for the ne
gotiation Of the loan in the London mon
ely market, of the "Confcderate States Of
America for fifteen millions Of dollars.
Our readers will remember the letter Of
Mr.. Crawford, published in our paper on the
first of March last.
The letter we now give is crcditable to the
financial Judgment of Messrs. Slope g. Co..
and will convince our readers that the south
ern rebellion has no sympathisers in Great
Britain.
The trinng errors of Mr.. Crawford's cor
respondents in regard TO the geography of the
United States do not in the least diminish our
respects for their od-iashioned British loyal
ty and sound principles.
These we pass over with compaccncy.
The writers have, however, done a good
service to the people of the United States in
giving permanent record to the name Of the
man who is the admitted and historical assail-
ant of his country's flag. Let his name be
forever cxecratcd.
Bsuors0ArH STREET WITHIN,
"LoNuoN, March, -. 1861
49, Singleton crar'ora E'q, Banker, Charie,tou.
$. O.;
"Dcar Sir We have the honor to acknowledge the
rccoD. of your favor of the 2Sh ulumo asking nom has
our Vows as to the probability Of Tho sucressf ncgo.
uou of loan Of fifteen millions of dollars, 90 De s
et AM olicrug o our house a ,I, ~ W ,,rr
mcnt for the purpose
eve feel duly honored by the offer you have made but
in the present condition Of things 30 your country We
most respectfully decline your propositions
we not In the habit OF accepting propositions of
this nature nom persons nm known 10 is f 4, we nov,
er lad tbe favor Of epy prc,ioo" ron,nonr,,,r f,on
you and DO not know an, hng character and stand.
ing OF your house, we ID justified boz declining your offer
.As 90 auy slcccss of ,our Comic ler,cd Io.uas Won
please To term tin The London MONEY market. we ad.
wise YOU NJ once to aloudan all hopes OF eNnecotf1n ON
thar pont The people here have sredy suffered lossc.
ruluph n the taking OF the bond. of Florida N.issDpi
Equadcr Pernimbuco Patagonia, Arkansas, and others
clincd 90 renew their acquaintance With YOU again in
money matters In the generous terms heretofore pro-
posed-cycn if sou were not as YOU now are iu apcu
rebellion against helcg,tmatcy constituted government
Of the United States.
we therenu repeat that you can have no success
here, iu London, in the negotiation Of your proposed
loan. oar senior had an interview wish Lord almerstuu
the subject Of your letter. and he assured him that
is the unanimous determination Of Her Majesty
A. topr1curc money here and YOU may RELY upou IL tina,
he Is in sgry,st
III IS lamcntabe that peraou Of your appsrcut 6nan.
cal sagary could entertain for amoment am dra that
the secaritV 10 be Offered for th, loan by the O. A
would To- to negotiate 10 nor and hY HuHs hmC
too who have the greatest adherence OF dish0nes,y
The mortgage YOU propose upon the forts arsenals
custom houses minis and all other utonertv which has
fallen into your possession is intensely ludcfous How
this property EA into your hand. we are informed hy
your papers but we have no idea that our money shall
tall into YOUR hands without some better pledges Than
the ones you propose
Tho transfer of Florida 20 trustees aud the pledge of
the faith and honor of Nississiopi arc eounlv rici
Gus. Indeed all persons 20 whom we have exhibited
your letter regard the proposition as the best Joke OF the
season, and propose 10 rct up 70 farce az DrrV Lane
theatre. 10 be entitled The q. S. A. or Now WAY 90
Secure New Debts
The fact is II your banking house is not fictitious
creation, then conclude that its head is destitute
those principles which would Justify us ia holding further
COMMUNICATION With him.
"a few words more and we shall conclude all we have
to say on the subject