New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-12-05
Circular
CONFEDERATE STATES OF AMERICA, }
Treasury Department., )
0N Richmond Ing % 1851

I CONFEDERATE STATES AMERICA, }
| Treasury department,
| Richmond, Aug. p 1861.
The Congress the Confederate States authorized the
Secretary Of the Treasury Issue bonds
ceeding hundred millions dollars purpose of
ing its treasury notes. and for making exchanges for the pro-
ceeds of the sale of produce manufactured aud
i the purchase of specie and military stores.
Under the authority Of previous the Secretary appointed
Commissioners resident in different sections of the several
States solicit in advance from planters manufacturers and
OTHERS subscriptions of the proceeds of the sale their
and other branches of industry be paid for bonds Of the
| Confederate States.
To the patriotic efforts these Commissioners
less than the lofty patriotism of the people, Government
indebted for aggregate subscription which reaches already
millions OF dollars The iberaiIy of every class Of
community ernced The cotton the rice the tobacco
and the planters have We'd with each other and the
first named staple Alone the subse pon in several of the States
reaches from one-hird 10 onehalf of the entire crop
1t proposed as has been frequently explained 10 inter-
ee with the usual and customary planters and
others making sale of their produce. This necessary
1t only asked that each individual shall indicate advance
Incorporation Of The which he willing subscribe the
time and place of delivery the factor MERCHANT whose
hands placed for sale is authorized to nay
the proceeds and receive in exchange Confederate bonds
The bonds cent payable semannuay and
TO be issued Of less denomination than hundred dollars
where the subscription for less amount the limit
fixed fifty dollars. The payment of principal and in
eest of the bonds secured will be perceived special
| act of Congress. .-
The agricultural and manufacturing interests which have
the opportunity of contributing the sustaining
he credit Of the Government in condition to make
ash subscriptions the loan previously authorized Their
plus capital already invested and their command Of re-
sources the of things mainly be looked for in
the future. Upon such future they auth red
safely draw and the investment proposed aside from it's
claims the of patrsn, may regarded as alto
gether advantageous and any other business ansac
tons.
the
is intended indicate date at which the
brought Market and viii of subject 10 those
considerations of mutual interest which would postpone
where the properly would be sacrificed.
Special agents have appointed will be anpointed in
county district of the South They will furnished
With subscription lists and requested bring subject before
The feswciens in every manner by personal a
peas psblc addresses through the fundamentally
press The results Of their lahors will be from
time time this Department and requested that agents
will endorse the lists the of the posoice county
and State to which THY belong.
The sections of the Acts Congress- which relate to
the subject Of the loan, herewith annexed,
c. G. MEMMiEGER
- Secretary of the Treasury.
AN ACT to Authorize Loan and Treasury Notes. and
forging Certificates of Stocks and Bonds.
SECTION The Congress of the Confederate States Of Amer.
of the Pesidet Confederate States issue fifty
years date bearing ae co not sx Se
ma gaI pr 10 m pr they the
public advertisement in three newspapers within Confede
& BE- ia p OF Of b p op IA ans ar
and Under such regulations may be recbed BY he see
of the Treasury report The ensuing to the
S Ps BE bons s G h
in fractional parts Of the hundred be exchanged by
corporation or gdvian but only in the pre-
seeed Provided r no'hng herein cqnaned shall be
ing foreign bills of exchange
BILL be entitled act authorize issue of Treasury
notes and 10 provide War Tax for their redemption
sEcTioH l. The Congress OF The Confederate States of
he is hereby ashoad from lime time as the public nece
stiles may require issue Treasury notes payable 10 bearer
IF between the Confederate States United States
ss sad n9ss to be Of aRy denomna ion less than he
payable but the whole issue outstanding time ncud
hundred millions Of dollars The said notes shall be receivable
IN payment of the hereinafter provided of all
slso be RECEIVED in payment of the subscriptions net
proceeds Of sales OF produce and articles
SEC That for the funding notes and
for making exchange for The proceeds of the sale pro-
the President is authorized bonds payable more
eTeeeng eight per Seniu per an they become
exceed in the whole hundred millions Of dollars, and 10
be deemed substitute for thirty millions Of the bonds author
is be deemed revocation Of the authority issue the said
thirty millions The said bonds sha s sums
except when subscription less than one hundred dollars
ns be sod for may pc sqad IN ap Sv dsH y
proceeds Of raw produce and manufactured articles in the
manner as Is provided by the wherever
cpiona of the same have shall made pay able ut
particular the Secretary Of the Treasury shall have
indicate.
and interest Fl he public debt Sapp6ag the pa oSsPa
war tag shall be assessed and levied of fifty upon
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