New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-09-14
WESTERN VAGINA.


We yesterday had the pleasure of call from
several MISREPRESENTATION hither by
Gov. PIerpont Of Virginia to negotiate the loan OF
$500, 0OO, authorized by an act of the Legisla-
ture recently adjourned. OF course, it is gen.
orally known to our readers that the Legislature
which authorized this loan was the representative
of tie loyal people of Western Virginia. With
the state of facts rendering necessary this loan,
We presume they are also somewhat familiar. 1t
viii be remembered that the people of Western
Virginia were the first of all the citizens of the
seeded States to disclaim and resist the author
ity of the Confederate usurpers. They led the
way-set the example; aud Eastern Tennessee,
Missouri, and Kentucky have successfully fol-
lowed They 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 aud juno last, and
finally eliminated in the present restored Gov
erpment, of which the Commissioners referred to
ore the accredited representatives. The Legisla-
ture of the new or restored Government, on the
Doth 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 disloyalty within and
repel it without their borders, passed the follow
ing act-entited "An act to authorize the Er
executive to borrow money on the credit Of the
estate" We copy it enlire-both that section
authorizing the loan and those sections providing
for its payment:
SECTION Bet mated b. ire General A''-by II yb0aia,
that the Governor by sud with the advice cad nenl Of the
Executive Council majority thereo be aud ho hereby
authorized borrow, Tho credit Of The State ey IN OF
such rate or rate OF Interest as may snd r uoh
time timer, not exceeding thirty year, a. they ma 'P
Sao There hereby appropriated and sc, 'p'It annually
or loan, sam eIeedus by one per csnium tho stgresate
amount OF the annual Interest % DO paid thereon TIE Tune
shall be spilled directed BY Article Section ~ Of the Con
ltituton. - No.. Z,
debt o. bond. i,d-emabls for any period
greater than iry -four years may be n9ed sad Tue yyenus
for their redemption
This is the act, whole and entire, as it was
passed by the Legislature, and under the author
ity Of which the gentlemen alluded to are
now here to negotiate a loan for their State
Government. In tho counties which acknowl-
ard which were represented in the Legislature
that passed the act authorizing this loan there
were collected last year for the old Government
upward Of four hundred thousand dollars This
year, owing to their disturbed condition, the
Commissioners estimate that not more than one
half that sum will DO collected. This amount
will, Of course, 60 to the new Government, and
will nbundantly meet the civil expenditures. IL
will be available in part in December next. SO
that il viii be seen the new Government 80 far
simply o. its civil administration is concerned,
is able to take care of itself. Tho loan which il
sought in New-YOrk is for military purposes
As before stated. general system Of military
organization throughout the limits of the loyal
counties has been entered upon. Already seven
regiments have been raised and mustered into
the service Of the United States. and three more
are in process of completion. In addition, home
guards are enrolled in almost every county, and
are as fast as possible being equipped
and subsisted and paid BY the new Government.
These home guards have, as necessity may
require, 10 be moved from one county into
another, as in the case OF the recent outbreak
in Marion County, in order TO look after mis-
chieyous and treaaOnable demonstrations on the
part of home rebels. OF course both their sub.
sistence and transportation are expensive, to say
nothing about their regular monthly pay, and
the many indirect OUTLAWS necessary to keep them
in state of efficiency. To meet these extraor-
binary and unproyided for expenses, this loan Of
$500, 900 is now sought from the patriotic
men of Nsw-YOrk. We say patriotic,
because TO give money for anything nowadays
which has future payment contemplated in it,
involves something of patriotic determination.
The Commissioners however, do not rest their
claims by any means wholly upon the patriotism
Of capitalists In addition to the guarantees
which their State Government is able to present,
which are esteemed to average those which any
State is able to present in times like these they
believe that under the following act passed at
he recent session of Congress they are enabled
20 present IN additional guaranty. That act is
entitled San Act to indemnify the States for
. expenses incurred by them in defense Of the
q United States" and reads thus
Re II sraed by the Senate and Hous Of R.pssentativ Of
ss Dattsd States Amfea N coag's" aemsled That the
Of me o o aa out S
tho Governor Of any State to bis duly authorized SCENTS
BE- costs, charge and sIpsTs properly oy such s;s.s
aging and Transporting m troop. employed In aiding to sup
upon proper vouchers filed passed upon by the
roper accounting officers OF the Treasury.
This oct WA approved July n last. and may