Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1861-07-24
LOAN FOR THE DEFENCE OF THE COTS
= aan FEDERATE STATES.

E.e. FEDERATE STATES. -,
ny commgniestmn from the Hon. c. G. Memuhiheer.
Secretay Of the Treasury Of the Confederate States the
Board Of Commissioners for the State of Northsrona
70 present to the attention Of the citizens of His State the
Loan authorized BY the act Of Congress Of The Confederate
o1a!es appLovea feoruary 2sth 1851 and to solicit SUBJ
scrticns 70 the same and further requested to ap
point local at such places as we may deem
advisable to act for the purpose indicated -
of which sum 900 called for in March last and
o second call for tae remainder is now made
Bonds with Coupons for accrung interest in sums from
erred will be issued The interest is eight per cent ner
annum, payable seannually at all Of our principal cities
The principal money is PAYABLE ten years after septem-
giving three months public notice. of paying any portion
of this Loan at the expiration Of five years after Septe-
Subscriptions will be received in current Rank noe. at
par certificates of deposit of any one of the Banks of
this State it good credit at the Capital and the subscriber
will ther receive receipt furnished by the Treasury De-
Stock to BEAR interest from date
This Loan authorized for the support of the Govern.
men and to provide for the defence of the Confederate
that we should make an extended appeal to NorthCaro
nans to induce them promptly to to the aid of their
Government in the crisis now existing.
North has severed her connection with the Gov.
eminent of the United States and become integral part
Of the Government Of the Confederate States of America
Her people, through Convention regularly constituted,
representing the sovereignty the supreme power in
State have unanimously declared and ordained this to be
and loyal citizen of North will ever be un-
mindful of his faith his duty and his honor thus plghted
This political relation of State is not however
recognized and in common with the others of the Confed
crate States menaced with subugaton by the Govern
men Of the United States That Government in its mad
States shall be compelled by military force to submit to
her dominion and already large armies have been mustered
State and nearest neghbor the North invaded and
war thus exists which part is strictly of defence
To the Government of the Confederate States have
granted the power and on that Government have imposed
the duty Of providing for defence To do this
fully, and to bring this to speedy and triumphant is
sue, it is indispensable that the Government should be
very recent organization it cannot be supposed to have
these at its command from its ordinary of revenue
They must be supplied and the alternative is that they
The loan now offered bears eight per cent interest per
annum payable semiannuay-a profit which should sat.
isfy any who may invest IN it.
The securythe value of this investment depends upon
the same basis on which depends the security and the value
Of the lands slaves and all other property of citizen
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.
the principal and interest Of this DEBT guaranteed by the
pledged faith the Confederate States duty of oneeghth
of one per cent per pound on all cotton the raw state
bae) specially provided; and the continuance of this
duty until the extinguishment of this debt or until sink
fund adequate to that end is provided guaranteed in
For the defence of the Confederate States the young
men of from all portions of State have
volunteered in numbers beyond the demands of State
and zeal as to have excited the admiration of almoney
howevs is as indispensable men-togeher they consti
ute th great snews of war Will those of our citizens
who have not offered their persons for the defence
altogether fail in sustaining the of their country in
this bel hour of trial! There certainly but few whose
means re limited as to Justify them in Withholding
subscription for the small amount Of $50 while there
Thousands who should not hesitate to invest largely Of their
more apple means.
as to tip extent of his investment in this loan though
his particular action depended the ability of the Con
federa States to their existence nation and
their ability to defend and protect his properly his home
and big family It commends itself to the favorable con-
sderabn and united cooperation of people, whether
of arg or of small means by every incentive well of
interest OF patriotism and feel thoroughly assured
they VT respond to this call with such spirit will satls
our lister States Of our fixed confidence in the integrity
and stability of the Government with which have linked
de$iny. Let then prove our faith BY our acts
The bowing persons have been requested to Lo
cal Commissioners the different places 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:
RaNqh-G. W. Mordecai, Danl. M. Barrnger and M.
Eyttsuius-Jesse G. Shepherd, E. J. Hale, Dan1 Nc
Waiss1oro'-H.B B. Hammond, Thos. s. Ashe Stephen
| Catrlotte-Jno: Walker. J. A. Young, VIM. R. Myers
.ASepas-N. W. WoOdfn, J. F. E. Hardy. A. s. Mer.
rimqn.
Slen-Francis Fries ]. G. Lash, Rufus L. Patterson
9ree"s6oro-S p aendenhall, j. h. Lindsey, Jno A.
faneeyOiAs- Brown, Montord McGehee, Calvin
! Grsres
+ 1ar1oro-Rob G. Bridgers H. T. Clark, Robt Norfee
ieo6ern.-A. T. jenkins, George Green and J. D. Whit
! foM.
Eisa1st1 Cty.-w. F. Martin, John Pool, and Josiah
| Cranberry.
| P6 DICKINSON, State
| WIN. A. WRIGHT, COMMISSIONERS.
| July 16, 1851. 2s-w2t.
GLENN ANNA FEMALE SEMINARY.