Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1861-07-24


tional coolness and resolution-by suarde
precaution.
He said that at this time to raise regula
army was impossible, for the materials whic
compose regular army are refugees fror
every cline and Government on earth-th
scurff of the earth, such as the population Q
most large Northern cities are made up Of
such men as these we did not have that ou
men were men of high character-men Of re
tinement and discipline-that our men nov
in the field were well disciplined, and tha
they were dependent on each other, and would
willingly fight for each other. That they
were the great Southern army, and that NJ
other force on the face of the earth can eqna
them.
He said that war should he SO carried OH
that it would still leave us in possession o.
that for which We were fighting; that already
the North had destroyed all of the Constitu.
,on. and delivered themselves to a despote
government with us it was entirely different
We prosecute the war and still retain ours-
individually, but yet for our country We we're
willing to make any end every sacrifice which
the protection of our country required.
He said that the bond of freedom is the prs
srrvati"n Of property, and that in its preser-
vation ne keep the country from bankruptcy.
That the Government was based upon proper
Is. aud that the property basis must support
the Government, but that the Government
did nnt want 10 tax the people. They offered
terms to tue people which are advantageous
to them both-tber are advantageous to the
people and to the Government. They wer-
offered in the shape Of loan. The Govern
nent don't cal upon the liberality Of her
citizens 10 give to her Of their substance, but
to loan: that liberality to-day is eztortion to
morrow. That they proposed terms equita-
ble-advantaGeous-u which we are build
ing Government, and which, by the help Of
God. We will maintain. lie said that We could
rot avail ourselves Of silver and gold-that
ther were scarce, and destined to become more
so--,hey were not found, exceptin small quar-.
lltics in Our country, and that they were not
tho representatives OF Our Government-it
was, therefore, determined to build up our
on the agricultural products of
he country. y
He said it wss first suggested that the Gov.
ernmenr should become the purchaser Of all
ha agricultural products ofthe country. lut
-;,.i tL:- -L:.~-1 -1.s---.-----=-----'-- -
,e,tcr than the public could, and that they
referred 10 do it. and that, therefore, it was
l"cidcd to let The planter dispose Of bis pro-
luce aud contribute TO The Government, in
he shape Of u loan, as much rs lie could spare.
D rect his factor or commission merchant 10
,.I il, and will, the proceeds Of Tie sale buy
Confederate Bonds thus keeping the whole
natter under hi, own control, and only lend
ng purtiun Of the proceeds 10 the Confel'
:rutc StatcS.
lie said the bonds would not rest upon the
,re,,ls OF the Government, but upon the cred
Is Of the in,iiYiduas with the Government
i was Common partnership business. That
there were but two measures that We could
adopt to raise funds for the Government.
First, by lcvyrns tax on the property OF
rrorortiVna,e to the amount CT
expenditures.
Second, ty using the credit ot the country
for procuring money, thereby making COM
man partnership interest Of the planter with
the Government, anu making it TO mutual in.
tvrest of each to subscribe gnodly portion
Of The crops.
Here Mir. Barnwel read the agreement to
be signed by persons Subscribing, and e&'
pluiurd il to mean what lie had before laid
down as the policy Of the Government. After
which he said the war would in all proGabll.
ty be long and protracted. The men in the
field arc to be supported by the means he had
mentioned, and they mus. be as comfortable
,.s the necessities of the case may command.
That to do ali tl.is, and what may be required
of rs, we will have 10 make sacrifices, and
they NAV he more NUMEROUS than we at pre-
sent hsye anY i,lea.
IIc said that lie was unwilling to dctain
them any longer; :ha. he hail already spoken
longer than he had allotted to himself, but
that he would again reiierate: You subscribe
to this papvr-simply-tuat by the first OF
March yuu will send down to your factor Ger
tain portions of yonr crops, and direct him to
sc il and Unrest the amount III Confederate
bonds, which are payable in Il certain pcriud
ut time, aud hear for you eight per cent IN
tcrvst. He ssid they were good security
uu,i that no creditor would be more or better
secured thsu TIC who holds these bonds. lie
said they were currency-and OF the same
value in all p. rtiuns Of the Confederate States
The advantage which the Government pro-
poses to give itself in the issuing Of these
bonds, is that they design to make 1t an in
yestinent. The planter invests SO much o
his funds in these bonds as he feels that he
can spare, and the Government pays him tue
intcrest on them setni-annually. He aaid the
war required that the people should com
mence q system of retrenchment, that there
should hc dimiuu!on Of their expenditures
and that each man will invest all that be car
in ;hcsc bonda. he aaid that these bonds nigh
he used as currency; that, for the beneti
of the public, there han been some issued g
low as one hundred dollars; aud, also, tina
these bonds had great advantage over banE
bills-tbst they would pay debts that bsnI
bills would not. They would bc received il
payment of taxes due to the Confederate