The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-06-28
fComuuniested
z

2 Il . II
ThoTs Is i very Ssas:al Iniac0ncsnt!cr
ABROAD, even among tae press-thoss who
ought TO know better, and whose means of
Information leave hem no excuse for such
'shoiahce-Wifh References TO tue plan adopted
oy Congress, sR tor:zinG the Secretary Of the
freasuFy &c accept subscriptions for the oe-
fence OF the Con eGer.cy in the shane Of =, ~
productions. II has been supposed by some
! thet toe cotton aud other produce thus
pledged 10 the Government. vas 20 IA co..
| troiieo and sold by the latter, y-h!an would
taus interfere with individu al erterovjss and
TIE great con- r1ls sion business CT the com trv
and dwarf itself from the layitifuats ryr-ec.g
tor hich the Government was o. estahIisoed -
IL hiS oe5n Supposed BY others that ths Gov
efntnsnt deslreo 20 control the cotton cron
ta+t Il might. By withholding il from 1.a--
Get, dictate cur recognition b 7 El70pean po u.
ers. Il reference 20 the act of CONGRESS itself
Tsl+l snOy thai that body never con ternDla I'd
nor authorized the Gov.rnIrent 10 ne
launched into The bGainsgs ct a hugo com
oiss'on ho"ee. nor &c SoGt1U. tuu - i,. oI tne
produce subscribed IL any Wav. shap3 o.
form: The act reads rs follows
" The Secretary OF the Treasury may, with
the assent OF the PRECEDENT issue $50 ctG 400 il,
bonds payable at me ex pira ton O: tv,, nv
years from their Cate ,and bearing ~ to Of ius
terPst not exceeding eight per cent. !.aI stf.-
nun, until ihey nescre payable, the said in
tereSt W &c paid semi annually. Tng sa,d
bonCs, after public adyertisen.ent IL tar4a
newspapers within the Conlede~ats - STATE, Tor
SIX weeks, 20 be sold fer 6p2csc, 7ntiitcrn
u 5 ar, ~,
GncS or ncfd"tGre& "rticleS, 70 % pad for
III the form OF specie, or with .orsig: 5.iis -
exchange, III snch manner and under sue -...
Gl-tio!.s as may ce prescribed ~ ine S...c-s y y
dent"
Il VIII be -oeh from. the te1ras or t:,a ;,Sz.
That the boncs are TO be exchau.aa so- sci.
7sieftcry storse, CT Ter the ,oreegslfs e. tss
9c!sG o. rag prcdUcs or r2G1 (.cfrersi arttrfs
10 be paid ii tia tc-:T. Of specie CO ss,reiu h,ns
OF exchange TIA. tEo Govern ,rsnt DOES no.
hoic the produce subscribed, nor concern I.
self v;th It's sale, further than Go!dtue : ;iar
upon IL fOG US proceeds: that Gss suhsc-ibe
merely pieuse ths PfDcesGss Ui - Il.ucn OF
tneir crops, Il tbC:7 0WG E2nGs o. .hczs ~
th@2F factors, the same atipuiG tad to bs d.
posed Of by c Ce-teic day agcea1 rron.
The subscription lists read sc follows ave.
the subscribers, sGre9 10 'cCntriacte 60 she dy.
tencs OF the Confederate states, tne portion
CT our crops est down ~ our rgsnectiva names:
the game 10 oe placed - s-o~aLcI.ao c i, ...LY.
"a soTS' "Gaie, and sold On or o. fore The first
day OF ----ne<t; and the net u-oc.eds Of
sale we direcs to Dc pad over t. Is = ATeasti!e
OF the Confgaetate te Ht9.tG, fo- boads 4or etll4s
&Caount. bearing per ctGt interest"
There can be nothing more simple and clear
i5s'I sac: ii Tns2c:.cn, ana W. arc %,;rc-:se.
tstst t.lcro svulG be suC& 4 Ln.ua Cp-e ht...sit;
regarding the E:03"s cperGaGt by which
while The Government Is 10 De supported on
IDe IA!th OF the growing crOps, it Is to conf ffne
,tsalt &c ;Se legitimate ana sim pie business OF
exchanging It's bonds Lor specie ana military
proceeds Of the cTopg. Thus tightening the
oCG39,: &C nc ne0pta, and yet enabling me
CoYaEl.EsQ. - carry ou It's military opera
tons, on the iaIth q productions NO: VET
2at herSd, but Disdged fOT ita use when gain
cred.
AS 10 the plan OF appaahnr directly % he
people tor money W carry tie Govern
nent, that IS the very mode which has seagi
a1op sd and 10 now II operation. r. g kuoyy
net indeed VhSt amount has oeen subscribed
in the STATE OF Virginia, but We Go ArOyg tha5
n the Gotten states & very large sam hss
h4aq Subscribed bv tha misses OF tho paCnie
towards the Confederate Loan, II aicoo..s ,,F
~" and upwards, aGG the door - s:li stand
Irg open.
u al CUr southern cities aud Lcyr1s ina
Ccrl11tssionGrs appointed by doe Secretary OF
ths @reaSuTy 10 receive gdbscript;nus LOST 10
.l,-,e IL giving ne poopla al opDoftun.ry ~
invest GLnal: sums III IaeEa 0ouus. and II :. s
eagerly avaiie2 Of Ehe Richmond Co7prnjg
rlcnere nave, we understand, made no report
OF the anoDnt subscribed Lei7, and wo d03tUt
II sufficient publicity htg been given 20 tho
TACT OF their readiness 70 receive Cvurt1II-
tons from tu9 C.ese q citipayes % vvAu1. u9
-efa-.
The plcu Eov IL Cpvrattcn OF reoeiyin ng So D
scriptlons or ~Hw rrCducs U~as considered and
discussed 1T e.e2: ,ongtk. and IL al points OF
yie~, by 3 body OF intellectual men, com
l'oB53 Ct Stephens, q s'Oorabs, a s,.;5., a.
Eiii, and p hhrJt, 40 well As many Utl4er bril-
liant and iu3ic!ous and practical nalnds and
wa may % very sure th2t TIE right fhtpg yyas
done. ~ tho 7isat time. ard in tie right Jnen-
nor y