Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-09-17
Prom the New York TribuHe.I
WESTERN VIRGINIA.

We Yesterday had the pleasure OF CHI
| from several -Commissiouers-
| sent hither by Gov. PeirpOint, of Virginia.
to negotiate the loan Of 100000 author
/ lied by an act of the Legislature recently
adjourned. of course, it is generally
I known to our readers that the Legislature
I which authorized this loan was the repre-
sentative of the loyal people of Western
Virginia. With the state of facts render
| ing necessary this loan, we presume they
| are also somewhat familiar. Il will be re-
membered that the people of Western Vir-
ginia were the first Of all the citizens of
1 the seeded States to disclaim and resist
the authority Of the Confederate usurpers.
\ They led the way-set the example and
Eastern Tennessee, Missouri, and Ken
lucky have successfully followed. They
1 first gave an overwhelming vote against
the Ordinance of Secession passed by the
\ Richmond Convention, and Immediately
| followed up that vote by organizing the
grand movement to resist and repel the
usurpation which led to the Conventions
OF May and June last, and finally culmin-
ated in the present restored Government,
of which the Commissioners referred to
are the accredited representatives. The
Legislature of the new or restored Govern
meat, on the 26th of July last, in view Of
the necessities which compelled them to
organize their Union strength into military
associations in each county in order to
keep down disloyaity within aud repel il
| without their borders, passed the follow
/ ing nct-entitlcd can act to authorize the
Executive TO borrow money on the credit
of the State" We copy it entire-both
that section authorizing the loan and those
] sections providing for its payment:
sEcIIOx /. BE it enacted by the General Assembly
~ 1urtNN
vice and consent OF the Executive Council, ma
JOrity hereof be and he Is hereby authorized tObor
row, on the credit OF the State, any sums OF
money not exceeding, in the aggregate, S2O0OoO At
such rate rates Of interest may be agreed ON,
and for such time or times, not exceeding thirty
four years "a they may approve.
annually for the term OF thirtyfOur year., from tile
date OF any such loan Or loans, sum exceeding by
one per centum the aggregate amount Of the annual
interest TO be paid thereon at the time OF coptrae
tion winch sum shall Ds part oil the SINKING inhd
and shall applied directed by article J. section
| -, Of the Constitution.
SEC. D. As security for any such loan or lolrs GER
ticates Of debt, bonds Of the State rTedeemabIe
/ for any period greater than thirty-fOur years.
may be Issued, and the revenue and property Of the
State any part Of either may he pledged for their
redemption.
This is tue act, whole and entire, as it
was passed by the Legislature, and under
the authority of which tue gentlemen al
luded to are now here to negotiate loan
for their Stale Government. In the coun-
ties which acknowledge the authority of
the restored Government, aud which were
represented in the Legislature that passed
the act authorizing this loan. there were
collected last year for the old Gov
eminent upward of four hundred thou
sand dollars. This year, owing to their
disturbed condition, the commissioners
estimate That not more than one half
4 that sun will he collected. This amount
and will abundMutly meet the civil expen-
ditures. It will he available in part in
December next. So that il will be seen
the new Government so far simply as its
civil administration Is concerned, is able
| to take care of itself. The loan which is
sought in New York is for military purpo-
SEES. AS before stated, general system of
military organization throughout the loyal
counties has been entered upon. Already
| seven regiments have been raised aud mus
tered into the service of the United States,
and three more are in process of compile
ton. In addition, home guards are Gu
rolled in almost every county, and are as
fast as possible being equipped and subsis-
ted and paid by the new Government
| These home guards have. as necessity may
require TO be moved from one county into
another, rs in the case of the recent out
break IN Marion county, in order to look at
ter mischievous and reasonable demon
STATIONS on the part of home rebels. Of
course both their subsistence and transport
tNtionarc expensive, to say nothing about
their regular monthly pay, and the many
indirect OUTLAWS necessary to keep them in
1t state of efficiency. To meet these extrhor-
diuary and uuprovidcd for expenses, :his
loan Of 100000 is now sought from the
patriotic; monied men of New York. We
say patriotic, because to give money for
lHnything nowadays which has future
payment contemplated in it, involves some
| Thing OF patriotic determinations. The
Commissioners, however, do not rest their
claims by any means wholly upon the pa
triotism of capitalists. In addition to the
guarantees which their State Government
is able to present, which are estimated
to average those which any State is able
to present in times like these, they believe
that under the following act passed Mt the
recent session of Congress they are en-
abled to present an additional guaranty.
That act is entitled IAN Act to indemnify
the States for expenses incurred by them
in defense OF the United States" and reads
thus:
Ise it enacted by tho Senate and House OF Repre-
seutatiyes Of the United States Of America in Con-
gress assembled That the Secretary Of the Treasury
be- and Is hereby directed, out OF any money in the
Treasury not otherwise appropriated, to pay TO the
Governor Of any state, or to his duly authorized
agents the costs charges and expenses properly in
curred by each state for enrolling subsistn. cloth
ing. supplying arming, CqupplnE, paying, and trans
porting its troops employed aiding to suppress the
present iusurrecton against the United States, TO be
Settled upon proper vouchers to be filed and passed.
upon by the proper accounting officers Of the Treas
uTy.
This act was approved July 81 last, and
may be found rs above recited in the Off
ciai copies of the laws passed at the re-
cent session OF Congress. In reading this
act, the reason why the appeal direct to
tue General Government is not made may
be seen. It is necessary that the dis
bursements provided for should have been
actually paid out, and vouchers received
and filed for them. 1t has no prospective
application, which is just the difficulty the
Ia,, aorght here IN the mart of The State