New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-11-09
Circular.

| CoNEEpERArE STATES AMERICA, }
Richmond, Aug %, 1851
The Congress of the Confederate States has authorized the
Secretary of the Treasury issue bonds extent not
eeedng hundred millions dollars for the of fund
ing its treasury notes. and for making exchanges for the pro
the sale of produce and manufactured
the purchase Of specie and military stores.
Under the authority of previous act 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 of their
other branches of industry be paid for bonds Of the
Confederate States. ... .
the patriotic Jealous of these Commissioners
than lofty patriotism of the people, the
indebted for aggregate subscription which reaches already
many millions of dollars The beraiy Of every class of the
community has been eynced The cotton the rice the tobacco
and the sugar planters have Wed with each other and in the
first named staple Alone the in several of the States
reaches from one-thrd one-half of the entire crop
proposed been frequently explained 10 inter
ere with the usual and customary arrangements planters
others making sale of their produce This is necessary
It only asked that each individual shall indicate
Incorporation of the which he is willing subscribe the
time and place Of delivery the factor merchant
hands is to be placed for sale and who authorized nay
the proceeds and receive in exchange Confederate bonds
The bonds carry per cent payable semannuay are
be issued of less denomination than hundred dollars
cep where the subscription for less amount when the limit
is fixed fifty doars The payment of the principal and in
erest of the bonds is secured Will perceived by special
act Of Congress. @r a.
The agricultural and manufacturing interests which have
the opportunity of contributing the sustaining
the credit Of the Government not in condition make
cash subscriptions the lean previously authorized Their sur
plus capital already invested aud their of re-
sources in the nature of things mainly looked for III
the future Upon such future resources they auth
safely to draw, and the investment proposed aside its
claims the of patriotism, may be regarded as alto
geher advantageous and safe any other business
tions. ,-
The time of sale referred 10 in the caption of lists which
is intended indicate the at which the
brought market and will Of course be subject
of mutual which would POSTPONE sale
where the property would be sacrificed. d.
Special agents have been appointed will be appointed in
every county district of the South. They will furnished
With subscription lists and requested bring subject before
the feow-ciaens in every proper manner by personal a
pea bic addresses through lhe Dstrumentaty of the
The results Of their labos will be communicated from
time time to this Department and requested that agents
will endorse the lists the of the postoce county
aud State to which THY belong.
The sections of the several Congress- which relate to
the subject Of the loan, herewith annexed ~
C. G.. MEAMINGER,
. .3~ ,-g Secretary of the Treasury.