Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1861-04-20
MISCELLANY.

Our Public Credit.

Indications everywhere throughout the Con-
fedcrate States that the fifteen million loan
will be eagerly taken up as soon as the bonds
can be issued. The fact is most significant
one, too, that these bonds are in such demand
Mt par, while those OF the old Union are with
difficulty sold at about ninety cents in the
dollar. And although Southern patriotism
has much to do with the aacrity with which
these bonds arc offered to be taken the GER
tainty chat no Investment could be safer has
attracted to them the attention of capitalists
looking only to pccuniary return We in
vite attention to the entertaining article of
the -MtH which follows
"THE CoNrEDERACIEs BoNDs AND CRED
IT.-Nothing can be more gratifying to the
people of this country, than the comparative
standing, financially, of the Confederate States
and the Yankee nation. Those who predicted,
some months ago, that we should not be able
to man anu equip revenue cutter begin to
show signs of astonishmcnt at the decadcncc
OF the credit OF the people who have, all their
lives, claimed the right to rob their associ-
ates; and still more at the indications of the
confidence in the financial system of our young
but vigorous government. 1T appears that
the world, the moment we cease to allow our
selves to be plundercd, understands that we
have most reliable basis for material pros
pcrty. The % Old Wreck hawks about its
paper and sells il to Shylocks at a ruinous
discount; the young confe1cracy ntimates
loan of fifteen millions, and corporations and
individuals, men, women and children, hasten
to assure themselves of portion of it.
Within few days we have heard of several
inquiries to large amount for the Govern
mcnt bonds, although it will be late next
month before Mr.. Mcmmingcr can be pre-.
pared through his agents to offer them One
gentleman that we hear of desires to invest
the snug sum of eighty thousand dollars in
securities so firmly bascd-othcrs desire small
er sums, down to the $50 dollar bonds, which
the industrious youth, who has laid up his
pocket money and odd earnings, declares he
will have. The sentiment Of confidence in
this State at least, in t,ic Government and its
proposed loan, is bOundless United States
stock was never 50 eagerly sought for as Con-
federate State bonds will be within three or
four weeks And we trust every dollar may
be taken by our own people. Capitalists from
abroad would snap up the whole instanter,
but the Secretary of the Treasury has most
wisely arranged to diffusc the amount through
the masses of the citizens of the Confcderacy.
1t is right that our people should have prefer
encc in.the matter as they certainly have the
most ample means to absorb the entire amount
Oae other fact: We know it to be true
that single wealthy gentleman of this Con
fedcracy, supposng that this Government
might be, for the noncc, straitcncd for means,
offered to advance it t,CO hnn1rc1 thousand
cash, for purposes Of defence; and if neccs-
sary to have it increased by his friends to
dOWJtc that amount-the whole to be without
interest, and at the convenience of the Gov
ernmcnt He was informed, we learn, that
the Government appreciated his patriotism
highly, but that its means and credit were
fully equal to every demand upon them.
Such facts are most significant. Cur pres
ent Government is, in the words of Senator
Bayard, "the collective act of the collective
people of seven States" and, he might have
added inhabited by people who equal the
best in the world in patriotism, Intelligence
and wealth. In short, in the homespun phrase
of backwoodsman, whom We heard express
ing himself about the young Confederacy a
day or two since age it and size it, and it
beats 'cm all y"
The MYSTERY EXpLAINED.-Th .Sayon-
nah RepuLiicqn Of Friday thus clears up the
mystery of the schooner which was fred into
by our batteries:
"THE VEssEI. FIRED ISTo AT CHARLES
ToN.-Since copying the article from the
Charleston Cburicr, the vessel fred into from
the forts on Morris Island has arrived in our
port, and we are enabled to give full particu-
lars of the affair.
"The schooner is the r. IT, Shannon,
Captain Marts, of Boston, and she was bound
for this city with cargo Of ice consigned to
a. Haywood On Wednesday she was shroud-
ed for many hours in dense fog, during
which she drifted through mistake over
Charleston Bar Soon after the fog lifted,
the captain, not knowing his whereabouts,
found himself nearly abreast of the fort on
Morris Island and while cogitating over his
latitude and longitude, he was greeted with a
salute from the fort.
{" He Immediately run up his colors-the
stars aud stripes-but that demonstration
seemed an unsatisfactory answer to that sum
mons Several Shots (thirty-twos) were fred
into his rigging, one of which passed through
his mainsai and another through his topsail
In the midst of his dilemma, not knowing
where he was nor the object of this hostile de-
monstration, boat from fort Sumter came to
his relief, and being made acquainted with
the facts, si,lost no time in putting to sea-
"The schooner suffered no material dam
mage from the shots, though one of them
eauc most uncomfortably near the head of
one of to- c~nw Captain Marts thinks there
is no mlstakc about the Morris Island boys
being cSc ilent marksmen." B
rKGiSI %ns-zTho power. of pleasing is
fson n >, tba vi4I, M sfaoa,t The etrooo,lb