New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-09-28
Circular.
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CONFEDERATE STATES OF AMERICA,
Treasury Department,

y5s CONFEDERATE STATES OF AMERICA,
81 treasury department, )
Il Riehmond Aug %, 1861
The Congress the Confederate States authorized the
Secretary Treasury issue an extent not ex
ceei one hundred millions dollars for the purpose of fund
ing treasury nos and for making exchanges for the pro-
the sale of produce and articles and
the purchase Of specie and military stores.
Under authority of previous act the Secretary appointed
Commissioners resident different sections of the several
States solicit in advance from planters manufacturers and
others subscriptions of the proceeds of the sale their crops
and other branches Of industry be paid for bonds of the
Confederate States.
To patriotic and Jealous efforts Of these Commissioners no
less than the lofty patriotism Of the people, the Government
is indebted for aggregate subscription which reaches already
many millions OF dollars The beray Of every class of the
community has been evuced The cotton rice the tobacco
and the sugar planters have We'd with other and in he
first named staple alone the subscription In of the States
reaches from cnethird 10 onehaf of the entise crop
proposed as has been frequently explained to inter
ere with the usual and customary Of planters and
ohe in making sale Of their produce This not necessary
only that individual shall indca. in advance
hepupo ton of the which he willing 10 subscribe the
time and place Of delivery the factor merchant in whose
hands is be placed for sale and who authorized to nav
the proceeds and receive in exchange Confederate bonds
The bonds cent payable seanuuay and are not
be issued of less denomination than one hundred dollars
cep where the subscription is for amount when the limit
is fixed Fifty dollars The payment the PRINCIPAL and in
the bonds secured will be perceived by special
act of Congress
the opportunity of contributing the wants and sustaining
credit OF the Government not in condition to make
cash subscriptions 10 the loan previously authorized Their
plus capital already invested their command of re.
sources in the of things mainly to be locked for in
the future Upon such future they auth red
safely draw and the investment proposed aside from its
claims the Of patriotism may regarded as alto
geher advantageous and safe any other business lanc
tons.
The time of sale referred TO in the caption of the lists which
ont is intended indicate tile us date at which the
brought market and will of course be subject
considerations Of mutual interest which would postpone sale
where the property wond be sacrificed
Special agents have been appointed will appointed
every county district Of the South. They will be furnished
with subscription lists and requested bring subject before
their feowc2ens in every proper manner by personal APP
pca public addresses through the nstruncntaty Of the
press. The results of their labors will be
time to time this Department aud requested that agents
will endorse the lists the Of the postoce county
| and State which they belong
The sections of the several Acts If Congress- which relate
the subject OF the loan, herewith annexed.
c. G. MEMMINGER,
Secretary of the Treasury