The south-western. [volume] (Shreveport, La.) 1852-1870, 1861-04-17

ToFFIcIAL.
rOn,, for the Defense of the Confederate States.
100000

OF this most advantageous investment will be offered
to the public the nth April ensuing, and every cit
zen throughout the Confederate States will have the
opportunity of taking share of the benefit at the same
time of sustaining the cause of his country.
Bonds with coupons will be issued in from
$1,000 $50 and where it preferred stock certificates
in the usual form may be had The interest is at eight
per cent per annum, payable every six months at all
principal cities.
Tie debt has the very unusual and important security
Of duty of oneeghth of cent per pound or about ~
cents per bale all cotton exported This duty under
all circumstances of peace war; secures the punctua
payment of the interest and furnishes sinking fund
for the redemption Of the principal The coupons when
due receivable in payment OF the duty on cotton,
and are thus made available coin, everywhere IN our
country In order to enable all portions of people
take part OF this valuable investment and to exhibit
their common interest in raising funds for the common
defense books of subscription will be opened at the cities
and principal interior towns; tve per cent must be
Maid Ia cash at the time Of subscription and the
mainder on or before the 1st of Maynterest to run
from the date of such payment Persons desiring to
secure their subscriptions may pay IN cash the whole
amount and take receipt for the delivery OF bonds or
stock To equalse the rate Of subscription at all points
and to enable all persons conveniently to subscribe,
carren bank notes OF the place Will be received at their
market value in coin 49,
In case of an over-subscription, preference will be
Given 10 those who pay down their whole subscription;
next to subscribers OF $780, next to subscribers of $0o
c. G.. MEMMINGER,
Secretary of the treasury.
, Montgomery, March 16th 1861.
For more ample information to all concerned copy
Of the act of congress is subjoined:
AN ACTto raise money for the support OF the govern
men and to provide for the defense OF the coheder
ate States of America.
SECTION l. The congress of the confederate States OF
merca do enact That the president OF the confederate
States be and he is hereby authorised, at any tune with
in twelve months after the passage of this act to DOT
row. on the credit of the confederate States, sum hot
exceeding fifteen millions OF dollars, or so luS teI
al in his opinion the exigencies of the pubhc service
may require be applied to the payment OF aPproprla
tions made by law for the support OF the government
and the defense OF the confederate States.
See b The secretary of treasury is hereby authorised
BIZ the consent of the president of the confederate States
~ cause 10 be prepared certificates of stock or bonds in
such sums as hereinafter mentioned for the amount
to be borrowed aforesaid to be signed by the register
OF the treasury and sealed with the seal OF the treasury
and the said certificates of stock or bonds shall be mad
PAYABLE at the expiration of ten years from the rst day
Of September next; and the interest thereon shall be
paid semi-annuay, at the rate OF eght per cent per an
nu at the treasury and such other place as the secre
tary of the treasury may designate And to the bond
which shall be issued as aforesaid, sali pc aache0
for the semi-annua interest which may accure
which coupons may be signed by officers to be APPOINTED
for the purpose by the secretary Of the treasury And thu
faith othe confederate States is hereby pledged for The
due payment of the principal and interest OF the salt
stock and bonds
SEC 8 At the expiration of five years from the frs
dav September next the confederate States may pa,
M any portion Of the bonds stocks upon giving thre
months previous public notice. at the seat otgovernment
the particular stocks bonds 10 be PAD and the tint
and place of payment; and form and after the time 81
appointed further interest shall be PAID on stock
bonds.
SEC 4. The certificates OF stock ana ponds shall D.
issued in such form and for such amounts as may p
determined bv the secretary of the treasury and may
ASSIGNED or delivered under such regulations as he ma
establish But of them shall be for less sum thai
fifty dollars and he shall report to congress at It's mex
session statement in detail Of his proceedings and tn
rate at which the loans may have been made and all ex
penses attending the same.
Sac & From and after the first day of August 1861
there shall be levied collected and paid duty OF one
eighth of cent per pound on all cotton IN the ray
state exported from the confederate States which du
is hereby specially pledged to the due payment OF inter
est and principal of the loan provided form this act an
the secretary the treasury is hereby authorised an
required TO establish sinking fund to carry into eeC
the provisions of this section Provided, however, tina
the interest coupons issued under the second section
this act when due shall be receivable IN payment OF Ia
axnor+ duty cotton provided Also that when the def
and interest thereon herein authorised to be contracted
shall be extingushed, the sinking fund provided &c
that purpose shall be adequate to that end the said e.
port duty shall cease and determine.
Approved 2Sth February 1861
Referring the above advertisement for loan Of Fly
MILLIONS Of to the confederate States togetht
with the act of congress creating IT. the undersgne
appointed commissioners give notice to the pubic h
books of subscription for said oan will be opened at u
Branch Of Citizens Bank at Shreveport, on the 18th
An3rt from other consideration this loan offers to sui
scribers hi oh rate of nterest-eigt per cent per G1
-pavabe semi-annualy and the highest order OF sec
rtva special appropriation Of an export duty on cotG
Y Of one-egnth OF cent per pound-thus presenting
4 ducements which can not fail to commend tEe loan
4 nubiic favor as a sound and profitable investment
N REUBEN WHITE,
III GEORGE WILLIAMSON,
i'll CHARLES r. GRISWOLD, Commissioners.
II n B. No bids at less than par win be received, ar
n books viii be closed after the 1st of May next.
r Shreveport, April 70, l861.-4t
j ACOTTON SEED FOR SALE!
u A SUPERIOR article of RED RIVER Petit Gulf GO
lrCTf shall m