The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1861-09-11

It will be seen at q glance that not only is
the whole property of the country pledged for
the interest and final reimbursement of the
loan but that an adequate and specific proper.
ton Of the annual production is set apart by
taxation for the redemption of this pledg :.
Prompt payment beyond contingency is thus
secured. Nor can this taxation be thought
great when compared with the magnitude OF
the objects of the contest. or with the amount
of property and production.
The objects ore Union. Perm nent peace
and security at home and respect abroad are
imperiled by this unprOvOked rebellion. The
intelligence of the people comprehended at
once their magnitude. They rise above party
they belong to no administration-they con-
Germ the whole cour try during all time. under
every administration, and in every relation,
foreign or domestic. And the means for the
attainment of these great objects can be readily
Supplied from the property and productions OF
the country. The real and personal values in
the United States reach the vast aggregate OF
SIG, 000, 100000, and in the States now loyal to
the Union this aggregate is Sll 900, 100000.
The yearly surplus earnings of iie loyal
people are estimated by intelligent persons con-
versant with such investigations at more than
$500, 900 900, while the well-considered judg-
ment of military men of the highest rank and
if the war is prosecuted with energy, courage
and skill, it may be brought 10 a termination
before the close of the next spring, in which
event the cost beyond the revenue will hardly
exceed the $3.50, 100000 loan authorized by
Congress, and with due economy in all
branches Of the public service, not more than
the total expenditures of Great Britain OF
France in years Of peace.
And it is not unreasonable to hope that the
suspicious results of peace may be FASTENED by
the reflection Of the citizers of the States in
instruction that they will review their action
weigh their own welfare, consider the DISPOSE
ton of the people of the whole country &c
recognize all their constitutional rights, and to
allow them their full share in the benfits of the
common government, and renew their alleg;
ance to the Union which, in an evil hour, they
have been tempted to throw of. Will trey moi
reflect that the war into which the government
has been constrained is not a war for their sub
|jugation, but war for national existence, and
that an suspicious result to the Union will ben
eft as largely the States in instruction as the
States which have remained loyal? However
this may be, the duty of the national govern
ment as the constitusiOnally constituted agent
of the people admits of no que iSiOn. The war
made necessary by the Instruction, and reluc
family accepted by the government, must bt
prosecuted with all possible vigor until the
restoration of the just authority of the Union
shall insure permanent peace. The same good
Providence which conducted our fathers through
the difficulties and dangers which beset the
formation of the Union bias graciOusly strength
ened our hands for the work of it's preserva
ton.
The crops Of the year are ample, and the
granaries and barns are everywhere full. The
capitalists of the country come cheerfully for
| ward to sustain the credit of the government
already, and, even in advance of this appeal
men of all occupations seek to share the hOnors
and advantages of the loan. Never, except
| because of the temporary depression caused by
the rebellion, and the arrangement of the bust
| ness OccasiOned by it, were the people of the
United States in q better condition to sustain
| great contest than now.
Under these favOring circumstances, and fol
those great objects, / SHALL in Pursuance of thu
act of Congress, cause books of subscription t
be opened as speedily as practicable in the sew
eral cities and principal towns in the United
States, in order that all citizens who desire t.
subscribe to the loan may have the opportunity
of doing so. Meanwhile, those who prefer tina
course can remit any sum which they may wisl
to invest in the loan to the treasury of tn,
| United States at Washington, or TO either o
the Assistant Treasurers at Boston, New York
or Philadelphia or st. Louis, or to the Deposi
tory at Cincinnati, where certificates will emit
tie the holders to treasury notes on the term
already stated. The patriotism of the people
it is not to be doubted, will promptly respon,
to the liberal wisdom Of their representative:
| S. P. CHASE,
Secretary of the Treasury.