The Council Bluffs nonpareil. [volume] (Council Bluffs [Iowa]) 1857-1867, 1861-04-27
COUNCIL BLUFFS IOWA. SATURDAY APRIL o7. 1861.

rnE SOUTHERN LOAN IN THE LoxDo
MISREPRESENTATION DECLlNED
1sor ,Ae y. 7 Fsst.
We are Indebted to Messrs. Slope 4 ca
bankers ia London, for q copy Of thsir le,
ter 20 Mr.. Crawford, . banker in Charles
ton, S. c., ia answer TO his proposition fc
/ the negotiation of the lean in the Lanso
money market, Of the .sconfedeyased State
Of America. for fifteen million Of dollars
/ Our readers wilt remember the letter q
Mr.. Crawford, published in our paper on ,h
/ 6rst Of March last.
The letter we now give is creditah,e to ,h
financial Judgment Of Msssrs. Slope & Co.
aud will convince our readers that tn
Southern rebellion has no sympathisers i,
Great Britain.
ike ;riaing errors Of Nj. Crawford's cor.
respondents ia regard TO the geography el
the United States do not in the least dimin-
ish our respect for their old fashioned Brit,
ish loyalty and sound principles.
These We pass over with campiacency.
The writers have, however. done goot
service TO the people Of the United States Ia
giving permanent record to the name Of tn,
man who is the admitted and historical as
sailant of his countyy's dag. Let his oam.
be forever execrated.
BIsHorsaArI STREET wYTnISI
IosDoS, MARCH -, 1861. I
j. s. Cfaeford, E.a BaHksT, CAarsss.os 5, C.
DEAR Sia: We have tie honor TO ac-
knowledge the receipt Of your favor OF the
2Sth ult., asking from US our views as to
the probability Of the successfully negotia-
ton of loan of SIS ,0o0, 900, soon TO be
issued by the Confederate States of Amer
lea, IN this market, and sifaring to anr heuse
the agency Of that government 70. the pur-
pose.
We feel duly honored by the offer you
have made, but in the present condition Of
things in your country we aust respectfully
decline your proposition.
We are not in the habit of accepting prop
ositions of this nature from persons an
known TO US, aud as We never had the favor
of any previous communication from YOU,
aud do not know anything of the character
and standing OF your house, We feel Justified
IN declining your offer.
As TO any success Of your confederate
ioan-as YOU please 10 term tin the Lon
don money marSet, We advise you at once
TO abandon ali hope or expectation on that
point. The people here have already sui.
fered losses enough In the taking of the
bonds of Florida, Mississippi, Ecquador.
Patagonia, Afkansas, aud
others OF your "Gulph States,' and they do
not, at present, feel inclined to renew their
acquaintance with you again in money mat
ters on the generous terms heretofore
if you were net, as you are.
in open rebellion against the legitimately
. government OF the United
States.
We therefore repeat that you can have no
success here, in London, in the negotiation
OF your proposed loan. Our senior had an
with Lord Palmers,on on the sub
jec. Of your letter, and he assured him that
it is the unanimous determination Of Her
effort on the part Of the G. s. A, to procure
money here, and you may rely upon il that
he is in earnest.
1t is lamentable that person Of your ap.
parent financial sasacitv could entertain.
for moment. an idea that the secpgiiyt to
be afforded for the loan by the "C. s. 4 -
y ouid enable you to negotiate it here, and
BY Englishmen too who have the great a6.
nOTFebce OF utAIONfdy.
The mortgage yeu propose upon the forts,
arsenals, custom-bouses, min.s, and uil
other property which has ''failen into your
is M ensely ludirrous. How
his property fell into yoar bands we are in
formed hv your papers. but we have no idea
hat our money shall fall into yons hands
witheus some better pledges than the ones
you propose.
The transfer Of Florida to trustees. and
he pledge Of the ssfaith and ionor'' of Mis-
,iss,ppi. are equally ridiculous. Indeed, NIL
persons to whom We have exhibited your
etter, regard the propositions rs the best
joke OF the season, and propose tn ge, up
farce at prenry Lane Theater. To be entitled
The c. $. A., or New Way to Secure
New Debss.'
The fact is. If your banking houses il not
a fictitious creation. then we conclude that
It's head IS destitute of those prin ciples
which would justify US in holding further
with him.
few words more. and wesbnH conclude
Ill We have to say on the subject.
The British people can have na confidence
n a government at the head Of which is a
nan who approved and justified the vilest
repaiiation of State faith and honor on
record.
We have his written and printed dcclara-
ions Of the fact. and as We are perfectly
,ognisant Of all the circumstances connect
ed with that violation. we feel ut liberty TO
invite your clnses. attention IN IL, an,l now
send you copies Of the decisions Of your
,oarts and the reports Of popular meetings
.ustaining such decisions. The jujses who
made them, the popular orators who sns
.ained them, have since been governors.
iipioma'io representatives to Europe. md
asst and least, one of them is President ~
, canfehcrated government that dglules
,self with an idea tha. vegetable fibre,
which ne American can eat. il the pnbnlifBs
upon which Engiishmep feed, and which
sus,ains them and keeps them al noble.
nsn and bankers. AMI psa.ants--from the
There's pluck enough 10 Eng
land left, thank Heaven. to live without
slave cotton and to refuse &c. S. a.
bonds.
We can hardly end here; for we have
som mathipg to saT, and therefore extend our
With banker, ssthe char
acter and credit Of whose 6onse We have no
Of" Let Us add:
There il nothing 80 revolving to m Eng
lishman'. LOYALTY as treason. There - noth
ing so unpardaaable 70 him az the gull, OF
him who could Ere on his connsrv's aag.
We have the assurance that one Morgan
did that deed. Had he been elected presi-
dens Of c. s. A., we should not have been
surprised, as 81! that il tfursnDd loyal 10 q
nation seems 10 have met the same fate ~
the claims Of the British bondholders Of
Mississippi and Florida. Bat the race is
not to the swift. Republicans are honored
where traitors are neglected.
II ron do not regard our opinions with
respec,, .end year losn to some plan, ban
ker here, and learn, as very soon you will.