Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1861-07-31
LOANgFOR THE DEFENCE OF THE NM,
FEDERATE STATES CON

80. 4JOElSAIE SIATES. Ns
Bya comnaqnicstion from the Hon. G. G. Memm,r..
undersigned have been requested to act as tb o. the
Board Of Commissioners for the State Of Nortbrosara
70 presento The attention Of the citizens of this Sats e.
States approved February 2sth 1851 and to soe;,
scrptions to the same and further SUBJ
point Local Commissioners at such places as we nav
The gross amount of this loan cannot exceed s,so,o
Of which sum 900 was called for in March ss,
second call for tae remainder is new made AS'' and
81 to $50 or stock certificates in the usual r from
ferred win be issued. The interest is eight ner % pre-
annum payable peaunualy at all of our prncipa per
The principal money Is payable ten years after Septems
giving three months public notice) of paying apv
Of this Loan at The expiration Of Eve years after ssnn
Der lst 'epem'
Subscriptions will be received in current Bank ,.,
par certificates Of deposit Of any one of the Rns
this State in good credit ut the Capital and the snhd
will then receive receipt furnished by the Treasnrr
partment which entities him to its exchange for RI pe
Stock to bear interest from date. '''@
This Loan is authorized for the support of the Cor,
ment and to provide for the defence Of the Consd.n
States of America and it certainly cannot be nrsae
that we should make an extended appeal to Nortba'g
niaBs to induce them promptly to come to the aid f
Government 10 the crisis now existing. ne'r
North Carolina has severed her connection with tbe a.
eminent of the United States, and become an integral %
Of the Government of the Confederate States of Ana.
Her people, through Convention regularly consti,n,ss
representing the sovereignty the supreme power ao
State have unanimously declared and ordained This our
So and no loyal citizen Of North will ever hs 10
mindful Of his faith his duty and bis honor TINS nhs
This new political relation of our State is not howa
recognized and in common with the others of The Confd
crate States shes nenaced with subugaton by the Govern
ment of the United States That Government in il, ad
ness has determined that the people in the Condsr.
States shall be compelled by military force to submit to
to conquer and subdue u.s. Already Virginia, our sse,
State ard nearest negbbor the North invaded and
thus exists which part is strictly one Of defence
To the Government of the Confederate States we bs.
granted the power and that Government have mns.S
the duty Of providing for defence To do this success
fully, and to bring this to speedy and Triumphant H.
sue it is indispensable that the Government should bs
promptly supplied with the necessary means and from its
very recent organization it cannot be supposed to hays
these at its command from its ordinary of rerenue
They must be supplied and the alternative u.s. that thew
must be raised on the credit of the Government
The loan offered bears eight per cent interest no,
annum, payable sem.annualy- profit which should sat.
isfy any who may invest IN it
The securt-the value of this investment depends uuco
the basis which depends the security and the value
of the lands slaves and all other property OF every citizen
of State On the successful operation and stability
the Government under which live, depend alike our
rights of property and the value of the securities issued
directly on the faith Of the Government ''''e'
In addition however to the security for the payment
the principal and interest of this debt guaranteed bv the
pledged faith Of The Confederate States duty Of onehh
Of per cent per pound all cotton in the raw State
exported from the Confederate States about So cents Der
baie is specially provided and the continuance Of This
duty until the extinguishment Of this debt until sink.
ing fund adequate to that end is provided guaranteed
the act authorizing the loan.
For the defence of the Confederate States the young
men of from all portions Of State have
authorities and this has been done with such promptness
and zeal to have excited the admiration of al-monev
however indispensable men-togeher they consi
tute the great snews of Will those of our citizens
who have not offered their persons for the common defence
altogether fail in sustaining the Of their country
this her hour of trial? There certainly but few whose
SO limited to justify them in withholding
subscription for the small amount of $780, while there are
thousands who should not hesitate to invest largely their
more ample means.
Let every citizen of North Carolina consider and decide
to the extent of his investment in this oan though
bis particular action depended the ability of the Con-
fedete States to preserve their existence nation and
their ability TO defend and protect his property his home
and his family 1t commends itself to the favorable
sderation and united cooperation of people, whether
of large of small by every incentive, well of
interest OF patriotism, and feel thoroughly assured
they will respond this call with such spirit will salts.
fy sister States of fixed confidence in the integrity
and stability Of the Government with which have linked
our destiny. Let us then prove our faith BY acts
The following persons have beenrequesed to act as Lo-
cal Commissioners at the dferentpaces against their
respective Names and for all subscriptions paid to them
their signatures TO the receipts furnished by the Treasury
Department will be as valid as our own:
&leigh "a. W. Mordeeai, Dan1. ii. Barrnger and N.
A. Bledsoe.
Faysttsuiuk-Jesse G. Shepherd, E. J. Hale, Dan. Nc.
Diarmid. -. .-se.----Z.
Wadssboru-H. B. Hammond, Thos. 8. Ashe, Stephen
Cole.
Garlotte-Jno: Walker. J. A. Young, VIM. r. Myers.
Asaeoiue-N. W. Woodfn, ]. F. E. Hardy. A. S. Mer.
riman. - ~
Salen.-Francs Fries J. G. LASH Rufus L. Patterson.
Greensboro'.-S P. Mendenhall ]. h. Lindsey, Jno A.
Gilmer. = z
YaneeyuMs- Bedford Brown. Montford McGehee, Calvin
Graves.
Zbr6oro.- Robt g. Bridgen, H. T. Clark, Robt Nordee.
Iep6ern-A T. jenkins, George Green and J. D. Whit
ford.
Elizabeth Gty-w. F. Martin, John Pool, and Josiah 7
Cranberry. -
r. o. g. PARSLEY, o:s:e
WIN. A. WRIGHT, commissioners