The south-western. [volume] (Shreveport, La.) 1852-1870, 1861-05-01
I9tCTtIaIy U EHF u
Montgomery, March 18th, 1861.

For more ample information to all concerned a copy
Of the act of congress is subioined
An AcTto raise money for the support ofthe govern
ment and to provide for the defense of the confeder
ate States of America.
SECTION l. The congress of tie confederate States of
America do enact That the president of the confederate
States be and he is hereby authorised at time with
in twelve months after the passage OF this act to Dor
row. the credit fthe confederate States, not
exceeding fifteen millions of dollars, much thereof
as IN his opinion the exigences OF the public service
may require to be applied to the payment ofapprOprla
tions made by law for the support OF the government
and for the defense of the confederate States.
SEC g The secretary treasury hereby authorised
the consent of the president the confederate States
to to be prepared certificates of stock bonds
such hereinafter mentioned for the
to be borrowed aforesaid to be signed by the register
of the treasury and sealed the seal Of the treasury
and the said certificates Of stock bonds shall be made
payable at the expiration of ten years from the first day
of September next and the interest thereon shall be
paid semi-annuay, at the rate Of eight per cent per
num- at the treasury and such other place the
ary of the treasury may designate And to the bonds
which shall be issued, aforesaid shall be attached
coupons for the Semannua interest which may accure,
which coupons may be signed by officers be appointed
for the purpose byhesecreary of the treasury And the
faith ofthe confederate States is hereby pledged for the
due payment Of the principal and interest the said
stock and bonds.
SEC g. At the expiration of five years from the first
day of September next the confederate States may pay
up any portion of the bonds stocks upon giving three
months previous public notice. the seat ofgovernment
of the particular stocks bonds paid and the time
and place of payment and form and after the time
appointed no further interest shall be paid stock
bonds
SIC. L. The certificates of stock and bonds shalt be
issued in such form and for such amounts as may be
determined by the secretary of the treasury and may be
assigned delivered under such regulations he may
establish But none of them shall be for less sum than
fifty dollars and he shall report to congress- at its next
session, statement in detail Of hsproceedngs, and the
rate at which the loans may have been made and all
penses attending the same.
SEC. From and after the first day of August 1861
there shall be levied, collected and paid duty of
eighth of one cent per pound on all cotton in the
state exported from the confederate States: which duty
hereby specially pledged to the due payment of inter
estand principal OF the loan provided form this act and
the secretary of the treasury hereby authorised and
required to establish sinking fund carry into effect
the provisions of this section Provided however, that
the interest coupons issued under the second section of
this act when due, shall be receivable payment Of the
export duty cotton provided also that when the debt
and interest thereon herein authorised to be contracted
shall be extngushed, the sinking fund provided for
that purpose shall be adequate to that end the said
port duty shall cease and determine.
Approved 28th February, 1861.
Referring to the above advertisement for loan of FIVE
MILLIONS or DOLLARS to the confederate States together
with the act Of congress creating it, the undersigned
appointed commissioners give notice to the public that
books of subscription for said oan will be opened at the
branch OF Citizens Bank, at Shreveport, the 18th of
April 1861
Apart from other consideration this loan offers to sub
Scribers high rateOt intereSt-eht pe cent Deg Qa1
payable semi annually and the highest order of secu
riy-a special appropriation of export duty cotton
of one-eghth of cent per pound-thus presenting in
ducements which can not fail to commend the loan
public favor as sound and profitable investment.
BEUBES WHITE,
GEORGE WILLIAMSON
CHARLES r. GRISWOLD, Commissioners
B. L. HODGE.
n B. No bids at less than par will be received, and
books viii be closed after the 1st of May next
Shreveport, April TO- l86l.-4t
AN IMPORTANT DISCOVERY 4!
For the cure of
Bronchitis, Coughs and Colds. |
THE MAKORA ARABICA,
DISCOVERED A
MISSI0N AIRY