The south-western. [volume] (Shreveport, La.) 1852-1870, 1861-10-02
OIICuIdI,
CONFEDERATE STATES oF AMERtrA

CONFEDERATE STATES OF AMERtgA,
TREASURY DEPARTMENT, RICHMOND, Aug. o. 1851.
The congress of the Confederate States has authorised
Ae secretary of the treasury to issue bonds to anexent
not exceeding hundred miliens of dollars for the
purpose Of funding its treasury notes and for making
Exchanges for the proceeds Of the sale of raw produce
Md manufactured articles, and for the purchase OF
HeIe and military stores,
Under the authority Of previous act the SECRETARY
appointed commissioners resident in different SECTIONS
me several States to solicit in advance from planters
nuacurers and Others subscriptions Of the proceeds
dle sale OF their crops and other branches of industry
be paid for in bonds of the Confederate Statea
10 the patriotic and jealous efforts Of these cctnms
aone no less than to the lofty patriotism of tile PEG
PIE The government is indebted for an aggregate sub
HPlon which reaches already many millions OF dollars
e beralty OF every class of the community has been
sHAced The cotton, the rice, the tobacco and the
sEar planters have wed with each other-and in the
@ named staple alone the subscription in several Of
9e5Feaches from one third to half of the dntirc
crop
Es not proposed, as has been frequently explained
interfere with the usual and customary arrangements
Pen'eFs and others in making sale of their produce
' uot necessary. 1t is only asked that each ndi-
'lld shall Indicate in advance the proportion Oh the
le which he is willing subscribe the time and place
1eAeFy the factor merchant in whose hands it is
paced for sale and who is authorised to pay over
n "l4 ltIelNC III cAClidIlBc confederate DQnQS.
.-e ponds carry interest of eight per centum, payable
sahnually and not to be issued Of less deromi-
Ol Ihan one hundred dollars except where theIsub-
Puoa Is for less amount when the limit is fix ed at
~, 10uaFs The payment Of the principal and interest
IS oondS IS secured will be perceived, by special
@ OF congress
- -V agricultural and manufacturing interests which
~ HoW me opportunity of contributing to the wbnts
sustaining the credit of the government were not
soIuuon TO make cash subscriptions to the loan pre-
~ly authorised. Their surplus capital was ALREADY
i5sel and their command Of resources, in the nature
T,.n was mainly to be looked for in the futurt-
such future resources they are authorised safely
ia" ana the investment proposed, aside from its
@ On tue score of patriotism may be regarded al
oeef as advantageous and as safe as any other bsi
ls' transaction
& Time Of sale referred to in the caption of the lists
3s aFG sent out is intended TO indicate the usual
.,% "lIch the crop is brought to market, aud viii
-Ise De subject to those considerations of mutual
vmIt which would postpone sale where the propdrty
ySa besacrifced
sPsClai agents have been appointed in every county
nv. district of the south. They will be furnished With
s1puon lists, and requested to bring the subject
e 'heir fellow citizens in every proper manner by
rSaa appeals, public addresses, or through the lin |
m aaity of the press Theresults of their lab prs
NJ e Communicated from time to time to this depart
and it is requested that agents will endorse upon
N ths name Of the postolIice, county and State to
"'a they belong
80, &C. G. MEMMINGER I
~-.-'I Secretary Of the Treasury |