The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1861-05-10
The Slope Corresp ,ndence.

proposed 10 tue LONDON nrm OF bankers,
Slope d Co., the negotiation in the En-
glsh market, Of the 81 1000, 900 loan for
the traitorous States. Messrs. Slope Il
Co.'S reply is as follows:
BIsnoPsoArE STrEEr, WITHIN,
LONDON, March 22. 1861.
J Singleton Crowford. Esq, Bonker,
Charleston. s. C-Dear Sir: We have
the honor TO acknowledge the receipt Of
your favor Of the 98th ultimo, asking from
us our views as to the probability OF the
successful negotiation OF loan Of fifteen
millions Of dollars. soou TO be issued by
the Confederate Safes OF America" 10
this market and Offering TO our house
the agency Of that government for the
purpose.
We feel duly honored by the offer you
have made, but in the present condition
Of things in your country, we most re-
specially decline your propositions.
We are not in the habit of accepting
propositions Of this nature from persons
unknown 10 us, ard as we never had the
favor of any previous communication from
you. and dc not know anything Of The
character and standing Of your house. we
feel justified in declining your offer.
As to any success for your Cuntedarated
loan-as yoa please 30 term tin tho Lon
! don money market, We advise you at once
/ tn abandon all hopo or expectation on that
point. Tho people hore have already suf-
fcred losses cnuoeh in the taking Of the
bonds of Florida, Mississippi. Ecuador, Per
numbucn. Patagonia, Arkansas aud other
of your GHiph States. and they DO not. at
present, ieel inclined to renew their nc.
! quaintance with you again in money mat
ters. on tho generous terms heretofore pro-
| posed-even If you were not, as you now
n.'c in open rebellion against tho legitimate
| Iy constituted Government OF tho United
| States.
"Wo therefore repeat that you can have
no success here, in London, in the negotia.
tiou of your proposed loan. Our senior had
nh interview with Lord Palmorston on the
subject of your letter, and he assured him
that IL is the unanimous determination Of
lIur Mainstys Government TO discourage
any ,ffoits on the part of the G. S. A to
procure money here, and you May roly upon
il that he is in earnest.
ut Is iamcntabie that n person of your
appa ent financial sagacity could entertain,
tor moment, an iiea tina. the security to
be tffcred for tho loan by the &c. s. A "
would enable you to negotiate il harc. and
bv Englishrnrn. too, who have tho greatest
abhoraace OF dishonesty
THE mortgage you propose upon tho
forts. aiscnals, custom houses, mints, and
all other property which has fallen into
your possession. is intensely ludicr0us. How
this proprrts }rH into your hands wo are
informed by your papers: but wo have no
idoa hat our money shall CaH into your
hands without rome better pledges than the
ono YOU propose.
"The transfer of Florida to trustees and
the pledge of tho faith and honor Of Miss
issippi. are equally ridiculous. Indeed, all
persons to whom we havo exhibited your
lotter regard the propositions as tho best
j"ko of the season, and propose to get up a
farce at DI'vary Llno Theatre. to DO enti
tied tho &c. S. A. or New Way to Secure
Now D,bts.
The fact is, If your banking house is not
fictitious creation, then wO conclude that
| it's head is destitute of those principles
which would justify us in holding further
communication with him.
| "A few words more, and we shall con-
clude all wc have to say on tho subject
The British people cun havo no conf.
denco in a government at the head Of which
s man who approved and justified the
u,irst rcpudiatiOn Of state faith and honor
on record.
"We havo his written aud pr;nted-drc-
larutions of tho fact, and IS we arc perfectly
cognizant of all the circumstances connect
cd with that violation, we feel at liberty to
invite your closest attention to il. and now
soud you copies of the decisions. Th" judges
who made them. tho popular orators who
sustained them, havo since been governors,
diplomatic representatives to Europe, and
last and east one of them is President of
u COnfederated government that dcludes IT,.
| self with an idea that a vegetable fibre
which no American can eat, is the pdbuium
upon which Englishmen feed, and which
sustains them and keeps them all--noble.
men and bankers aud peasants--trOm the
VOL khouse, There's pluck enough in Eng
land left, thank Heaven, to live without
slave cotton aud to refuse C. S A. bonds.
I'VE can hardly end here; for We have
something more to say, aud therefore ex-
tend our correspondence with u banker tho
character and credit of whose house We
have no information Of Let us Rdd:
There is nothing SO rovolting to an En-.
glishman's loyalty as treason There is
nothing so unpardonablo TO him as tho guilt
OF IN who could fire on his country's
! flag
| We havo tho assurance that ono Morgan
did that decd Had no been elected Prosi.
dent of the q. S. A. We should not have
been surprised. as all that is true aad 10y.
al to a nation seems TO have met the same
futo as tho claims of the British bondholdors
of Mississippi and Florida. But the raco.is
not TO tho swift. RepudiatorS are honor
cd where traitors are neglected
If you do not regard our opinions with
respect, send your loan to some plant bank,
or hero, and learn, US vely soon you will,
tho value of honesty aud the opinion OF our
countryTen.
With small respect, we aro, as ever,
SLOPE g. Co, Bankers London,
BshOpgatc Street Within.