Abbeville press. [volume] (Abbeville, S.C.) 1860-1869, 1861-08-09
TO THE COTTON PLANTERS or 5KE CON.
FEDERATE STATES -


beg leave to make a few suggestions 40 to
the most available means of raising revenue.
l IND party in favor Of contributing a psst
Of the proceeds Of their crops and other pro
duce to the government, and reoeivino ,ts
Bonds, bearing per cent. interest. protest
against the plan; first. because it would leave
the balance to fall into the hands of .peculs
tors, and be liable to come in competition with
that held by the Government and thereby NAV
wholly or PARTIALLY defeat it in controlling the
sale which think should be left exclusively in
its control. Some may say the whole crop
would he more than the wants of the gov ern
ment would require, and it would not desire to
issue its liabilities for such an amount az would
| impair its credit. answer: it will be we'll
known for what they were given, and they
will be equal to and will command the gold
when sold dollar for dollar at least; aud who
ever heard Of q being refused, because the
Bank had too much specie in it, and where i.
the bank that is founded on as good basis az
this. Some say it would be like q National
Bank; but the emergency is of vital impor.
tance to US. and the Government should not be
restricted in any of its available resources, 90
long as tbs difficulty exists.
The plan would propose is, first, for Con-
gress to issue treasury bills to circulate free OF
interest, like Bank Bills. and bonds of large
size heuring interest at per cent, the bill to
oe made lawful tender in oil cases in pay
ment OF public dues, and stay law where
they were refused until the blockade is remov-
ed and tho specie can be obtained
3D. For Congress to appoint agents to re-
oe've the produce in. all the markets, advance,
when delivered, say 10 cents per pound, in
Treasury Bills or Bonds nt the option of the
purchaser; the Government to dispose of it at
'ts discretion at such time and terms as il may
choose TO act, say Is cents per pound, and
when sold to account to the producers for the
balance.
~ these or similar laws were passed, have
no doubt but the patriotic citizens of the South.
ern Confederacy would amply furnish the Gov.
ernment with means to fight the would be rob-
oers to the end, until We have taught them a
lesson that will. it is TO be hoped, last them go
long as they live.
These Bills and Bonds will pass amongst Us
as well as gold, and do not see why we will
not get on as we'll as formerly. so far as money
Is concerned; and in the end we will have con.
quered peace, and will have one of the
ost glorious Countries that the sun ever shore
upon with model republican States rights
Government
The Bank Convention have been as liberal
as could be desired. in their resolutions and it
is to be hoped the spectators will have too
much patriotism to interfere. whilst the present
emergency Of the Government exists as the
producers have subscribed as much as ought to
be expected of them to supply the wants of the
Government at present.
have never seen such enthusiasm amonpst
the citizens in my life, as ia now displayed and
all they want is to know what to do and : how
to do it to come forward and act arc they will
ing to devote their whole property and lives to
the laat drop of their blood if required in de-
Tending their rights. P.