New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-12-21
Circular.
COMPENSATE STATES OF AMERICA,
Treasury Department,

| & #s CoxrEpEaArE STATES OF Axrs,cA,
| sMsr Richmond, Aug. %, 1861.
Til. Congress the Confederate States has authorized the
Secretary OF the Treasury to issue bonds extent not
ceedng hundred millions Of dollars the purpose of fund
It's treasury notes and for making exchanges for the pro-
oeeds Of the sale of produce articles and
the purchase of specie and military stores b. -. n i.
Under the authority act the Secretary aoted
Commissioners resident in different sections of the several
States to solicit in advance FROM planters manufacturers and
others subscriptions of the sale Of their cops
and other branches of industry be paid bonds of the
Confederate States. --a1lsa-a---
To the patriotic ans Jealous efforts Of these
less than to the lofty patriotism of the people, Government
indebted for subscription reaches already
many millions Of dollars Tbs beraty every class of the
community has been eynced The cotton rice the tobacco
and the sugar planters have Wed with other and in the
hrst named staple alone the subscription the States
reaches from third half the entire CROP
1t is proposed has frequently explained to inter
iee with the usual and of planters and
others IL making sale Of their produce This not necessary
ills only asked that each individual shall advance
thepropo on Of the which willing to subscribe the
time and place delivery the factor merchant in whose
hands Is to be placed for sale authorized to nav
the and receive exchange Confederate bonds
The bonds cent payable annually and are not
to be sned Of less denomination than hundred dollars
cept where the subscription is for less amount the limit
fixed at fifty dollars. The payment principal and in
teest of the bonds is ssenred perceived by secia
s.tof Congress. S&,s'5 ~ 5I&2s5e4e. asa s-YE
gh
new the opportunity Of contributing wants and sustaining
he credit of the Government were not in condition to make
ash subscriptions the loan previously Theirsur
plus capital acady invested, and their command Of re-
sources in the nature things mainly be looked for in
future Upon such future they are auth rzd
safely draw and tine proposed aside from It's
claims the of patriotism, may be regarded as alto
gesher advantageous and safe
tons. ttarstt iii ~ sfs es- a. la7I a.. -f,g
The time of caption of the lists which
are sent Is intended to indicate the usual
brought Market course be subec 10 those
considerations Of mutual interest which would postpone sale
where the property would be sacrificed. .f'' ~ r.al
Special agents have been appointed will appointed
every county dctof the South They will be furnished
with subscription lists and requested bring subject before
the fesw citizens in every proper manner by personal ap
peals pbic addresses through the nstrumenay Of the
press The results Of their labors will from
time time to this Department. and requested that agents
will endorse che lists the of the posoce county
and State 70 which THY belong. . 4. -
The sections of the several Acts Congress- which relate to
the subject of the loan, are herewith annexed. Al.
rs5a @ s "a ssc,s T., ~ M
ACTto Authorize Loan and rsss Treasury Notes and
soas an nd the same aud or
sEcrlos The Congress Of the Confederate States Amer
be Presidsn. o the Con ederae sate issue fy
as 9 ssa Il pyae q s
Ing eight per en- per anngm until they become
public hTee nowsnape within the cenfsds
raie States fe SIX weeks e sold specie military stores
tea paid specie or bills :: exchange IN such manner
ssas b che
e s SoBs q 5
sad Secretary for Treasury Notes ls notes bank
seribed Provided, That nothing herein contained shall be
construed ss 70 the seereary of the Treasury from
foreign bills of exchange payment these bonds
F,l ur,x
noes and o provjoe War Tax for theiv redemption
America enact Secretary the Treasury be and
he hereov authorized from me the
rs the Rs Sateaffon 6 i eey
Of peace between The Confederate States he Uued
@ G M peasr un ss lie s sae as
b the whole Gu aandirg one time nclud
hundred millions doliais The said shall vabe
bes q se as S * sa @ rd
also be received in payment subscriptions of the
That for the purpose Of funding The SAID notes and
for makr exchenge for the proceeds of The sale OF pro-
nitsry stores the Secretary The Treasprs Win
the PRESIDENT is o issue bonds
eight Pc eentnm until they become pay
able he interest e be paid the bonds
70 exceed in the whole hundred millions of dollars
be deemed substitute Tor thirty millions the bonds author
Be ne sf IF I've asorv .sa tins
thirty millions The said bonds shall
eeepthen the subscription less than dollars
the said bonds be issued in fifty dollars They
proceeds produce articles In The same
manner IS i provided by aforesaid and whenever
particular date the Secretary Treasury shall have
extend the time of sale until such date he shall
SEQ That for the special purpose paying the principal
assessed and Levied Of fy cents apon
each hundred dollars in of the following property
September 10, 1861 '~f.' = " se2s 2ptf