Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-09-13
Progressed the Popular Loan mNev

YORK
Large Increase IN Ghs Subseriptlon
1ee-9ubSeFipttOns iron All Glasses
Of CIfl1eRs, Sc
The Subscriptions 70 the popular gov
enment loan are progressing in The most
favorable manner, and the greatest conf
deuee is exhibited in theadministration by
al classes Of The American people Since
the 18Th Of August last-the day oa which
the ioAn vas 0pened in this eity-ths sub-
EeTiptiOns have bee1 gradually on the m
erease-s On The frst da5 the gun TessjEed
vas SI6.s00; nov. il ATersges regularly
halt million day. The accounts from
Boston and Phiiadelphia show that these
cities are also coming forward actively IN
support Of the loan The subscriptions
Of those from the former eityi bat this Is
accounted for on the ground that a good
many Of the Boston subscribers make their
deposits 10 this city. There L some delay
experienced from the necessity Of send
ing 70 Washingtou for the certificates;
bat the work viii be greatly aeeeleF-
atsd when the bills are provided for imme-
date delivery % subscribers. Sub
seripIions have come all the way from Fort
SeaTeuEoFth, ard not few from Wheel
inT. Western Virginia Nnsl Of those from
Maine. Massachusetts,, Couneetieut and
Rhode Island come By uail, While the New
Jersey subscribers cone 70 the once Of
he Snb-Treas1rer IN person for the pur-
pose d pairing IN their quota All class
Is Of the community. without exception,
exhibit the greatest interest in@the success
Of the loan, aud Is soon as the branch
Offices are established great Impetus viii
be given 10 the receipts A. Elod many
women have subscribed One Of these-
= married lady-ienI $500 In her maiden
name She said the money was her OEu,
AID she Wished the certificates 70 be sent
70 her house. as she did not desire that her
husband should know anything about II.
A eoiored man yesterday morning brought
IN $3.50, which he expected TO loan tn the
Government for certain time, without
any expectation Of interest He Vas
someWbat surprised on hearing that there
would be interest psid him. The motive
imPelling the subscriptions seems 10 be
nothing beyond true patriotism. The
Germans subscribe In very large proper
ton 70 the other Inhabitants, and IN large
suns. All sums from $50 TO the highest
amounts are accepted, so that there is no
exclusion Of any class of persons. Many
OF those subscribing state that their Only
motive Is the welfare Of the country aud of
the Perpituity OF the Uniop. Others,
who send their money by mail, accompany
II with very patriotic letters. Some Of the
women who Subscribe say that they have
sons and friends in the army, and that their
desire IS TO DO everything IN their power
for the prosperity OF the country. Not long
since very elegantly dressed lady called
on the Sub-TreasuFer TO subscribe $500,
which she desired should be registered in
q detitiOus name, by which she said she
was beet known. She WIS, however, ad-
Tised 70 have the record made IN her real
name TO preVent any loss that might occur
through nuforseen occurrences.
The subscriptions generalIy commence
at about ten o'clock A. 81. each day. and
continue very regularly until abont twelve
O'Clock noon. There Is then 4 cessation
for about an hour-the time thai most
people 90 10 their meals The snbserip-
tiOns then recommends with moro activity,
and continue until late hour, 50 that it
is next to impossible to tell At two o'clock
on any day what amount has been snbscri-
bed The fore OF clerks in the Office of
the Sub-Trpasurer has been considerably
increased, but the work Of receiving sub
seriPtiODs IS nevertheless very severe.-
The clerks are sometimes occupied nu.Il
midnight, Rs the amounts subscribed, the
names of the subscribers, aud every other
particular, have 10 be sent by mail to
Washington every night On Saturday
last all hands in the Office were occupied
until past midnight.
The counting and testing of the money
received occupy considerable time. Every
piece of gold has 10 be submitted TO the
testers, who are persons highly qualified
for the discharge Of so delicate task
Every day fraudulent pieces are found,
which nothing but the greatest sensitive
ness and knowledge of money could possi-
bly, detect. In come cases-As of $40 and
$40 gold pieces-the coin is saved open
aud the gold extracted from the centre OF
the piece. The base metal Is then iu-
geuiouSly inserted in the place of the abb
straeted gold, and the coin Is probably re-
united with the same rim, weight and sur
face as the genuine coin. These pieces of
money are calculated 10 deceive the best
eonnoissears, and yet they are discovered
in this office as soon as they are presented.
In most cases the banks are the losers. as
the base coin had originally been paImed
of on them. Since Mr.. Cisco has been in
charge of this Office there has not been
single mistake in any department, not
Withstanding the immense amount OF buSi-
ne=s that is necessarily transacted there
every day.
A good deal of the money subscribed 10
this loan comes from private sources with
ont passing through the banks At All. It
IS the surplus of long aeeumnlating capi-
tal, hitherto lying idle. without any use
Whatever. As in the case of the loans 70
Tie French Emperor in 1883, the call of
the FedernI Government on the people 70
come % the aid of the nation, has resulted
n the liberation Of large amount of mon
ey which otherwise would continue TO be
idle IN the bands Of the owners, without
benefit 70 themselves or anybody else.-lN.
y. HeTalA
THn following il \ model letter for the
use Of the Administrations:
HEADouGRTERs, Aug, !, I777.
SR: Nathan Palmer. a lieutenant in