Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1861-08-02

opJecI oI u Wise ana SOOu government II
to make the burden fall as light upon the
people as possible to meet every exigency
The proposition the government makes,
therefore, is to take loan in produce
The object is to get along with as lit
tie tax as possible, but, my countrymen,
do not suppose the government will not
tax you, if necessary; for | tell you the
government does not intend to be subiu-
gated, and if we do not raise the money
by loans, if the people do not contribute
| tell you we intend to have the money
and taxation will be resorted to if moth
ing else will raise it. Every life ant
dollar in the country will be demanded
rather than you and every one of us shall
be overrun by the enemy. Applause.
On that you may count.
The government proposes to give yor
bond bearing eight per cent. interest
paying the interest semi-annually. 1t is
not gift or donation, but simply your
surplus cotton, as much as you can spare.
This is the proposition 1--WE, the sub
scri5ers, agree to contribute 70 the de-
Tense Of the Confederate States that por-
ton of our respective crop set down to
our respective names the same to be
placed in warehouses or in the hands of
factors, and sold on or before - next.
And the net proceeds of sale we direct
to be paid over to the Treasurer of the
Confederate States for bonds for the same
amount bearing eight per cent interest -
There is the whole of it. The cotton
planter directs his cotton to be sent into
the hands of his factor or his commission
merchant, He only tells the govern
ment in his subscription the portion he
can lend. He directs il to be sold and
the proceeds invested in Confederate
bonds. | understand that a committee
will be appointed before this meeting ad-
journs to canvass this county. Every
planter, therefore, Of Richmond county,
will be waited upon and afforded an OPP
portunity to subscribe. | wish, there
fore, to say to that committee and every
body, subscribe
Inquiries have been made Of me- and
| take this opportunity to answer them
g" neither these bonds will circulate as
money--will they pay debts Z" On this
point ] wish no mistake. They are moi
intended as currency; they are untitled
to answer the purpose Of circulation -
The bond is not suited to carry in your
pocket-book and use. 1t would wear out
1t is intended to represent fixed capita
OF permanent nvestment-just so mucl
as you can spare from your cotton crop
Instead Of putting your surplus in lands
negroes. houses, furniture, useless ex.
travagance or Injuries, just put it in
Confederate bonds. But whilo I say il
was not intended to circulate or to- pay
debts, | have not the least doubt that
anybody who will sell his crop entire for
bonds will find no difficulty in getting
the money for them, for they draw inter-
est and are better than money; and any
man holding a note will give it up and
take bond, for note draws but seven
per cent and this draws eight | have
no doubt that all minors and trust pro
perty will soon be invested in it. ] have
been frequently asked if these bonds
were good. Well, / want to be equally
frank on that point If we succeed, if
we establish our Independence, if we are
not oyerridden, if we are not subjugated
feel no hesitancy in telling you it is the
best government stock in the world that
know Of; but candor also compels me to
state that if Lincoln ovcrruns us-if we
are suhjugated, these bonds will not be
worth single dime, and nothing else
you have will be worth anything. But
upon this subject Of the war, ! will de-
tain you few minutes, because it is q
common inquiry with me, how long |
think the war will last whether or not
it will be a short one ] know not; |
would not if ! could 1t is the mystic
rious future; but there is one thing can
tell you with confidence, and that il, il is
going to last until the enemy is whipped
and driven from our soil. Tremendous
applause 1t is fanatical war, aud
wherever fanaticism gets control Of rea-
son, you can make no speculation in re-
gard TO it, This is a war against reason
in every sense Of the term. In the first
place, many of those engaged in it are
engaged in crusade nominally to ame-
liorate the condition OF a portion Of our
population. They are engaged in o cru
SADIE to make things better than the Gre
ator made them, or to make things equal
which he made unequal. 1t is impious,
and great deal of the fanaticism Of the
war springs, | doubt not, from thatsource.
Such an effort never could succeed, were
they to overrun us and drive us away.
1t is war against the interest Of those
who wage il, and, Of all the people who
will suffer by it, the New England States
will suffer the most This is war against
the principles which their fathers and
our fathers fought for--that every State
government derived it's powers from the
consent Of governed They say We arc
revolutionists they call us rebels think
IL will be a revolution before IL is over,
but if change Of government makes
revolution, tho revolution is at the
North.
At the South, our movements from the
beginning have been planted upon the
principles, as | have told you. Of our
revolutionary fathers, and tho CoDfcder-
ate States to-day have rescued the con-
stitution, with some improvements, some
changes, all OF which we think improve
ments. They stand to-day the defenders,
supporters and maintainers Of that con-
stitution which was the admiration and
devotion Of US all. But a change Of
government has taken place at the North.