The south-western., 1861-04-10

: toap for the Defense of the Confederate States
100000

Of this most advantageous investment will be offered
to the public the nth April ensuing, and every citi
zen throughout the Confederate States will have the
opportunity of taking share of the benefit at the
time Of sustaining the cause of his country.
Bonds with coupons will be issued in sums from
$1,000 to 500 and where 1t Is preferred stock certificates
III the usual form may be had The interest is at eight
per cent per annum, payable every SIX months al all
our principal cities.
The debt has the very unusual and important security
OF dpty of oneeghth of cent per pound about G2
cents per bale all cotton exported This duty under
all circumstances of peace war; the punctua
payment of the interest, and furnishes sinking fund
for the redemption of the principal The coupons when
duc receivable in paymept Of the duty on cotton,
and thus made available us coin everywhere in our
country In order enable all portions of people
take part OF this valuable investment and to exhibit
their common interest in raising funds for the common
defense books Of subscription will be opened at the cities
and principal interior towns; five per cent must be
paid in cash at the time of subscription and the
naiuder on or before the lst of May-ntcrest to
from the date of such payment. Persons desiring to
secure their subscriptions may pay cash the whole
amount and take receipt for the delivery OF bonds or
stock To equase the Of subscription at all points
and to enable all persons conveniently to subscribe
bank Of the place will be received at their
market value in coin.
In case of an over-subscrpton, preference will be
u, en- TO those who pay down their whole subscriptions
next subscribers OF 500; next to subscribers OF 500
G. G. MEMMlNGER,
Secretary of the treasury.
Montgomery, March 10th, 1861.
For more ample information to all concerned, copy
Of the act ofcongress is subjoned
An ACT-o raise money for the support of the govern
ment and to provide for the defense of the conedeF
ate States of America.
SECTION l. The congress of the confederate States of
America do enact That the president OF the confederate
States be and he is hereby authorised at any time with
in twelve months after the passage OF tbs act 10 Dor
row. the credit OF the confederate States sum ho
exceeding fifteen millions OF doaTs or so nuch lhefeoi
as in his opinion the eXgencles OF the pubic service
may require be applied to the payment OF aPfropr
tiofs made by law tOI the support OF the government
! Glrrb he defense OF the CODtedC. ate States.
SEc 2 The secretary Of treasury is hereby authorised
BY the consent Of the president OF the states
to cause to be prepared certificates of stock or bonds In
such sums hereinafter mentioned, Tor the amount
to be borrowed aforesaid 10 be signed by theregster
of the treasury and sealed with the seal OF the treasury
ANA the said certificates Of stock or bonds Shl pc mate
PAYABLE the expiration of ten years from the rst day
of September next; and the interest thereon shall be
paid semannualy at the rate OF eght per cent per
num- at the treasury and such other place as the secfe
tary of the treasury designate. And to the bonds
which shall be issued aforesaid, shall be attached
coupons for the semi-annua interest which may accure
which coupons may be signed by officers to beapponted
for the purpose by the secretary of the treasury And the
faith ofthe confederate States is hereby pledged for the
due payment of the principal and interest OF the Sao
stock and bonds.
SGc. D. At the expiration of five years from the first
day of September next the confederate States may pay
up any portion Of the bonds or stocks upon giving three
months previous public notice atthe seat ofgoyernment
OF the particular stocks or bonds to bepad and the time
and place of payment and form and after the time 50
appointed further interest shall be pald on stock or
bonds
SEc9e4 The certificates of stock and bonds shall be
issued in such form and for such amounts as may De
determined by the secretary OF the treasury ana may DC
assigned delivered under such regulations as he may
establish Bur none of them shall be for less sum than
ftv dollars and he shall report to congress at It's next
session statement in detail of his proceedings and the
rate at which the loans may have been made, ana all eA
peLsas attending the same:
SEC D. From and after the first day Of August 1861,
there shall be levied collected and paid duty OF one
eighth Of cent per pound on all cotton IN the ra"
state exported from the conederate States; which duty
Is hereby specially pledged to due payment of inter
and principal of the lean provided for IN this act and
the secretary of the treasury is hereby authorised ana
required to establish sinking fund to carry into effect
bp interest issued under the second section OF
this act when due shall be receivable IN payment OF the
cypot duty on cotton provided also that when the debt
and interest thereon herein authorised to be contracted
shall be extinguishcd the sinking fund provided oI
that purpose shall be adequate that end, the said eX
port duty shall cease and determine.
Approved 18th February, 1861.
Referring to the above advertisement for loan OF FIVE
MILLIONS OF DOLLARS the confederate States together
with the act Of congress creating 1t, the undersigned
appointed commissioners give notice to the public ina
books of subscription fo said loan, will be opened at the
Branch Of Citizens Bank, at Shreveport on the lth
/ April, lS6l.
Apart from other consideration this loan offers to sub
scribrrs high rate of ucreSt-eqht per cent per GahH
pavablc seui-annuay and the highest order OF Sccu
ritya special appropriation OF an export duty on coloi
of Gne-eighth OF cent per pound presenting IN
ducameuts which can not fan to commend the loan
public favor as a sound and profitable investment
A REUBEN WHITE,
GEORGE WILLIAMSON,
CHARLES r. GRISWOLD, Commissioners
Al b. l.. HODGE.
r. 30 bids at less than par will be received, ane
books will be closed after the ls Of May next
Shreveport, April 70, l96l.-lt
COTTON SEED FOR SALE! c.