Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-09-07


larger amount; and that, should the subscribe
exceed the whole sun desired, the smalier b. I
feiTed II the distTi6itio1
zach subscriber, on raginent Of his subscripa
VII be entitled to receive Treasury notes Of u
asnoans in such deucminations a. he may pral
westher q hfy, one hundred, i've hundred,
Thousand OF five thousand dollars
Z The i7terest, at 2 3 10 per anDuu viii BE- on|
notes OF fifty dollars one cent; on one hundred
lars, two cents; on five hundred dollars, ten ed
On one Thousand dollars twenty cents. and On
thousand dollars. one dollar each day,
Ali Treasury notes issaed vii bear date on
18th Of August 1861, and vii carry interest 4
that date. Each note viii have coupons sttac'
expressing the several amounts Of emi-annua
terest, which coupons may be detached froru|
note and presented for payment separately.
Esch subscriber may pay the whole amount
scrihsd at the time Of subscription, or If be prs
to do go may pay Oue>tenth at that time and Z
third every twentieth day thereafter. At each I
ment Of the accrued interest on the amount frouI
18Th Of August 70 Tie dsy Of payment mast alsd
paid, and the amounts Of interest thus pad vii
reimbursed IN the pay ment Of the first coupons
ln-order to secure beyond psradventure the ID
tuat payment Of interest ard the gradual reduc'
Of the principal, Congress has provided BY 4 \
an annual revenue amply sufficient not only
these purposes, but for the prompt payment Il
demands On account Of ordinary expenditures.
IL viii be seen at glance that not only Is
@hcle property Of the country pledged for the I
rest and hnal reimbursement Of this loan. bat
an adequate specific proportion Of the an
production Is set apart, by taxation, for red
ton Of this pledge. Promptpayment, beyond ca
gsncy, is thus ensured
Nor can this taxation be thought great, VIXEN q
pared with the magnitude OF the objects Cd
contest, or with the amount Of property ard
duction. 'as1s-ss.
The objects are Union, popular goEsrunent,
manent peace, security at home, respect aoroa5
imperilled By unprovoked rebellion. The iui
gence of the people at once comprehends their {
Ditude. They rise above party. They belong
Administration. They concern the whole c0ur
during all time, under every Administration a
every relation, foreign and domestic.
And the means for the attainment Of these
objects can be readily supplied from the prod
and production Of the country The real
personal values in the United States reach the
aggregate Of sixteen thousand millions OF dol
and in the States now loyal TO the Union this n
gate is eleven thousand millions.
The very surplus earnings Of the loyal peoule
estmGted, by intelligent persons eonverssnt
such Investigations, at more than four hum
millions Of dollars; while the wellseonsid
judgments Of military men Of the highest rank
repute, warrant q confident expectation that
war, prosecuted with energy, courage and
may be brought to q termination before the
Of he next spring; in which event the cost. be3
the revenue, vii hardly exceed tho amount Of
two hundred and fifty million loan authorized
Congress, With due economy in 81 branche
the public service, the total expenditures fo
objects, military, naval and civil, in this ye
war, need not exceed the ordinary expenditure
Great Britain or France in years Of peace.
And is il unreasonable to hope that the Al
eious result Of peace may be hasteaed By III
Election of the citizens Of the States in fnsurrec
That they viii review their action; weigh
own welfare; consider the disposition Of the De
of the whole country to recognize al their co
tutional rights, and 70 allow them their fun J
sf the benefits Of the common Government, AM
new their allegiance % the Union WHICH, in an
hour they have been tempted to throw of2
they not reflect that the war into which the T
eminent Of the Union has been eoDstrained, Is
a war for their subjUgstisn, but war for nat
existence, and that an suspicious result %
Union viii benefit as largely the States il in
recdOn as the States which have remained loyi
However this may be, the duty Of the Matt
Government, as the cOnshtutiOnally consfit
agents Of the people, admits Of no question.
war, made necessary By insarreetion, and re
shtly accepted by the Government, mast be pI
cuted with all possible vigor until the rest0rs
of the just authority Of the Union shall insure
peace.
The same good Providence which conducted
fathers through The difficulties and dangers "
beset the formation Of the Union, has graciOi
strengthened our hands for the work Of It's pr.
walton.
The crops Of the year are ample. Grsaaries
barns are everywhere full The CAPITALISTS o
country come cheerfully forward 10 sustain
credit Of the Government. Already, also. eve
advance Of this appeal men Of all occupations
TO share the hOn0rs and the advantages Of the
Never, except because Of the temporary dspres
caused BY the rebellion, and the derargemen
business occssiOned BY il, were the people o
United States in a better condition to sust1
great contest than now.
Under these faFOuring circumstances aud
these grand objects, shall in the PURSUANCE q
act Of Congress, cause books Of subscritiOn
OpOned as speedily as practicable 10 the sew
cities and principal towns Of the United Stat4
order that all citizens who desire 70 subscribe q
loan may have the opportunity of doing SO. n
while those who prefer that course may remid
sum which they may wishtO invest in tbs loan
Treasurer Of the United States AZ Washington.
either OF the Assistant Treasurers at Boston,
York, Philadelphia or ST. Louis, or to the Del
tory az Cincinnati, whose certificate will er
the holders to Treasury notes on the terms air
stated. The patriotism OF the people il Is not
doubted, viii promptly respond to the liberal
dom of their representative s. p. Cha
Secretary Of Treasul