Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1861-09-13
The 9Sga4ianal Iroan-Appeal, to the
RaonIa of fha Initial Sta res.

a guilty. conspiracy eliminating in g causeles
inzur-ection, is engaged in war for securit
and liberty, for the supremacy of the law, 70
the defence of the Union. and for the mainten
ance Of popular institutions.
For tbe means TO defray the necessary e1pen
ses of the war. your Congress has directed tina
an appeal be made 10 you. by opening a sub
scription to National Loan of one hundret
and fifty millions of dollars. .-s-..
!, Already the enlightened and patriotic capi
talists of the great cities of New York, Phi
ladelphia and Boston have manifested theil
clear sense, both of duty and interest, by sub
scripiion of S50,00O,00O. Congress, .unde1
which this subscription was received, wisely
provides, however, that the advantages, al
well as the patriotic satisfaction of partici
patton in this loan, shall be offered not to the
capitalists Of the great cities only, but to the
Feotle OF the whole acoHntry. In order to Sc
cure 4 substantial 1e1arf foT iheiy public spir-
it to those VII ose patriotism prompts them ii
this hour of trial to place their means at the
disposal of Government Congress has directed
that an interest of $40 per centum be paid
on the several amounts subscribed, an interest
not liable to State taxation, but constituting
| for subscribers. a revenue not only certain in
receipt, bat greater in amount than can be ex-
pected from an ordinary investment.
And in order to afford all citizens equal op-
portunities of partic ipation in these advan-
! tages, Congress has further directed that sub
scriptions be received for sums as small as $50
as well as for large amounts, and that should
/ the sii6scl pticns exceed the whole sum desired
the smaller will be preferred in its distribution
Each subscriber, on payment of the subscrip-
ton, will be entitled TO receive Treasury notes,
| equal in amount, in such deRQminatons as he
may prefer, whcthe. ot&50, loo, $500, $1,000,
or $4,000 The interest at $40 per annum
will be on the notes of $50 one cent, on 800
two cents, on $500 ten cents, on $1,000 twenty
cents. AMI on $1,000 one doar,for each day
Al .Ile treasury notes issued will bear date on
The lqah of August, 1861, and will bear inter
, est frvu that datet -vEash note will haze cou-
pous attached expressing the several amounts
of semi annual interest, which coupons may be
detached from the notes, and presented for pay
ment separately. Each subscriber may pi.y
the whole ap!qut subscribed at the time CT aul-
scrirtion or, ;f'he prefer to do SO, may pay
onc-tenth at that time and one-third every
twentieth day thereafter. AT each payment
the accrued interest on the amount from The
10Th of August to the date of payment must
also be paid. and the amount cf interest thus
paid will be reimbursed in the tafRont Of the
first coupon. In orl'r to. secuno beyond perad
vcniu3e the puuctual payment. Of the Interest
and ha gradual reduction of the principal,
Congress has proyldtd by law for an annual
revenue amply suffcienlnqt only for these pur-
poses, but for the payment o. all demands Oh
account Of extraordinary expenditures.
Il @ilI Eerseeti at a glance that not only is
the whole property Of the country pledged for
the inte.est and final reimbursement of the
oan but that an adequate and specific prOpor-
ton of the annual production Is set apart by
taxation for the redemption FIR this pledge
Nor can Tits taxation be thought great whep
compared with the magnitude Of objects of the
contest, or with the amount of property and
production The objects are union, permanent
peace and security at home aud respect abroad,
all Of which are imperilled by this unpEoyokeq
rebellion. The intelligence Of tie peotIe com
prchcnds at once their magnitude. They rise
above party. They belong to no administration.
They concern the whole country during all
relation. foreign or domestic. And the means
for The ptiaiument of these great Qbjeets can
be readily stF$licd from the property proLuc-
tions of the esnniry.
The real and personal value in the Uuited
States reach the vast aggregate of $4,000,
000,00 and in the Statys Bozs Loyal ito tie
Union this aggregate is II,O00, ,006,G00. The
yearly surplus earnings Of the loyal people are
estimated by intelligent persons conversant
with such Investigations at more than $780,
100000, while the well considered Judgment of
military men of the highest rank and repuie
warrants the confdept expectation that if the
iwar is rrGsecrted with energy, courage and
skill, it may be brought to termination be-
fore the close of the next Spring, in which
event the cost beyond the revenue will hardly
exceed the amount of the $250,00Q,000 lean
authorized 10y Congress, and with due econ.
omy in all branches of the public. services. not
more than the total expenditures OF Great
Britain or France III years Of peace.
And it is not unreasonable TO hope that the
auspicious result of peace may be hasteued by
the reflection Of the citizens of the States in
iIlsurrection-that they will review 4heir ac-
ton, weigh ther own welfi.re, consider the dis.
posi- ion Of he people Of the whole country to
recognize all their constitutional rights, and TO
allow them their full share in the benefits of
the common Government, ard renew their. .al7
lcgiauce to the lEqiQn which, IN an 57'il hotr
tItgy, ,Ha,tse Eccr tempted TO throw off. viii
they not reflect that the war Ito which the
Government has been constra is not a war
for their suljugation, but war for national
existence, and lfat an auSpicious result to the
Union will bcieit as largely the States in
insurrection as The States which have remained
Loyal
4oweyer this may be. tie lrffy Of the Ma
tional Government. as the constitutionalIy con
slituted right of The people, admits Of NJ qqes-
ton. The war made necessary BY the insur-
reclion, aud reluctantly accepted by the Gov
ernment. p4ust be prosecutee! with all possible
-vigcr. until the restoration of the just autbori
" Of the Union shall insure permanent peace.
The same good Providence which conducted
our fathers through the difficulties and dan
gers which beset the formation OF the Union,
has gFaeiosly strang thened our hands for the
worl. of its preservation. ~
The crops of the year are ample, the gran.
aries and barns are ererywheEe fun. The cap
italisls Of th5 .cauutry come cherfully. for
ward to Sustain the credit of the Government.
Already, ard in advance Of this appeal, me q
Of, al Occupations seek to share the honor5 and
advantages Of the loan. Never, except be
cause Of the temporory depression caused by
the rebellion and the arrangement Of business
occasioned By it, were the people Of tue United
States in better, condition TO sustain great
contest than now.
Under these favoring circumstance, and for
these great objects, I shall, in pursuance ofthe
act Of Congress, cause books Of subscription
TO be, opened as speedily as practicable, in the
several cities and principal towns Of the Uni
~Cs.- IL n. .