New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-10-01
Circular.


CosrEpEaArE STATES OF AMEsIoA,l
treasury Department. Is
Richmond, Aug 2, 1851. y
The Congress Confederate States has authorized the
the Treasury issue bonds to an extent not ex
ceedng hundred millions of dollars for the purpose fund
ing treasury and for shaking exchanges for pro-
the sale of produce artic4es
the purchase Of specie and military stores. r
Under the authority of previous the Secretary appointed
Commissioners resident in different sections of the several
States to solicit in advance from planters
others subscriptions of tho Of tho sale Of their crops
and other branches of industry to be paid for bonds
Confederate States. .E4- ...-. -.'
To the patriotic and Jealous efforts these Commissioners no
less than to the lofty patriotism of the people, The
is indebted aggregate subscription which reaches already
many millions Of dollars The beray of every class of the
community has be eyinced The cotton rice the tobacco
and the sugar planters have Wed with each other
first named staple alone the spbc pon several of the States
reaches oue-third oneehuf of the entire crop
proposed has been frequently explained to inter
tere with the usual and customary planters
others making sale Of their produce is not
only asked that each individual shall indicate in advance
of the which willing to subscribe the
time and place delivery the factor merchant in whose
hands it is be placed for sale and who authorized to pay
the proceeds and receive in exchange Confederate bonds
The bonds carry cent payable and are not
issued Of less denomination than hundred dollars
cept where the subscription is for less amount limit
fixed fifty dollars The Of the PRINCIPAL and in
ere Of the bonds secured will be perceived by special
act Of Congress- 5sts -sE WV
The agricultural and manufacturing interests which have
opportunity Of contributing the and sustaining
the credit of the Government condition to make
cash subscriptions the loan previously authorized Their
plus capital already invested, and command of re-
sources in the of things mainly to be looked for in
the future Upon such future they are auth red
safely draw and the proposed aside from its
claims the score of patriotism, may be regarded
gehe advantageous and other business ansac
tons.
The the caption of the lists which
out intended to indicate at which the
crop brought TO Market and will subject
considerations mutual interest which would postpone sale
where the property would be sacrificed. p a+t -5
Special have been appointed will appointed
every county district of the South They viii be furnished
with subscponlss and requested bring subject before
their fellow citizens in every proper manner by personal APP
peals public addresses through the inrumeualy
press. The results of their abors be from
time this Department. and requested that agents
will endorse the lists the of the posoce county
and State to which they belong. .. ..
The sections of the several Acts Of Congress-
the subject Of the loan, are herewith Annexed.
C. G. MEMMINGER,
'- '.- Secretary of the Treasury.
AN ACT Loan and Issue Of Treasury Notes.
forging Certificates Of Stocks and Bonds.
lea Do enact That Secretary the Treaery may with The
Of the President Of the G9nfsdsra,s States M
from their date and bearing of exceed
s Rs RS n they The as
public en- r. h59s d within he
The proceeds of sales Of produces manufactured
may M saee
Of Treasury report at The ensuing session the
under this law Nor shall the said bonds be issued
in fractional parts of the hundred be exchanged by the
corporation individual but only pre-
scrtbed Provided That nothing herein contained shall be
construed to the Secretary OF the Treasury from
receng foreign bills Of exchange payment of these
tAct Nav, 1871
entitled authorize che issue of Treasury
notes, and provide War Tax for their redemption
SECTION l. The Congress of the Co2edsrate States Of
he hereby authorised from time public
stiles may require 70 issue Treasury notes payable bearer
Of between the Confederate States United States
h said no TO- be Of any not less than five
payable but the whole outstanding time
bundled millions dollars Tie said shall be receivable
in payment Of the war tax hereinafter provided and Of all
siso be received in payment of the subscriptions of the net
proceeds Of sales Of produce and manufactured articles
for making exchange The proceeds sale pro-
afs ana % ace Or tor ne purchase Of SPECIE o.
the President is authorized to bonds, payable
after Date and bearing Of interest
exceeding eight per atIl they pay
able the interest be paid the said bonds not
be deemed substitute for thirty millions Of the bonds author
ized BE- issued By the act approved May l6 1851 and this act
thirty millions The said bonds shall in less
except when the subscription less than dollars
the said bonds be issued in of fifty dollars They
proceeds Of produce aufac,red articles in the
is provided By the aforesaid and wherever
pnisaa the Seere Se e e as4 a lave
to extend The time of sale ut such date he shall fit to
Ere That for the special purpose Of paving the principal
ent shall be assessed levied of nifty upon
each hundred dollars in Of the following property etc.
September 10, 1851 seq 2ptf