Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1861-05-09
a Batter Protest..

~ - ~ -
one Crawford, Charleston Banker and
ageut to negotiate the $l5, ooo,o 900 loanof
the Southern Coufedenacy:
BIsnoPseArE STREET WrH1S,
London, March %, 1861.
J. Singleton Crawford, Esq, Baaker,
Charleston. S. O..
Dean SIR:-We have the honor to ac-
knowledge the receipt Of your favor Of the
18th nltlmo, asking from us our views as
70 tbs probability o. the successful negotia-
ton Of loan ct fifteen millions Of dollars,
soon TO be issued by the Confederate States
Of America, in this market, and offering to
our house the agency OF that Government
for the purpose.
We feel duly honored BY the offer you /,
have made, but in tie present condition 81
things in your countrywe must respectfully
decline your proposition.
We are not IN the habit Of accepting
propositions Of this nature, from persons
unknown 70 us and as We neyer lad the
favor Of any previous communication from
you, and do not kaow anything 8! The char
acler and standing Of your house, We feel
justified in declining yourotiNr.
! AS to any success Of your Coniederaied
loan--;ls You please to tenn tn the Lon
don money market, we advise you 1T once
to abandon all hope Or expectation on that
point. The people here hAYe already suf-
tered losses enough IN the taking Of the
bonds Of Florida, Mississippi, Ecuador,
Pcrnambu Patagonia, Arkansas and 9TH
er Of your "Gulph Ss;tes, ana they 10 81
cot, 10 present, teel incined to renew their
acquaintance with you again in money
matters, on the generous terms heretofore
propoSed--eyen il you were not, as you
now are, in open REBELLION against the Ie-
ultimately constituted Government OF the
Unite9 States.
We therefore repeat flat you car have
no success here, in LondOn, in the nego-
tiation Of your proposed loan. Our senior
had an interview with Lo,d Palmesston on
the subject Of your letter, aud he assured
HIM that il Is the unanimous determination
Of Her Majesty's Government 10 discour-
age any effort on To part o. the Q. 5. a.
70 procure money here, and you may rely
upon il that she is IN earnest.
1t IS lamentable that person Of your
apparent financial sagacity could entertain,
for a moment ali idea that the security to
be offered for the loan BY the &C. S. A."
would enable you to negotiate it here, and
BY Englshmen too, who haze the greatest
abhorrence Of dishonesty.
The mortgage You propose upon the
~
all other property which has ''isillen into
your possession,p is intensely ludcfous
How this property fell into your LAnds We
are informed by your papers, but We have !,
no idea that our money snail tai inlc your
hands without some better pledges than lie
ones YOU propose
The transfer Of Florida to trustees and
the pledge Of the "laitha ana honor Of Ais-
sssppi, arc equally ridiculous Judged,
III persons to wiion We have Exhibited Your
letter, regard the proposition as the best
joke 81 the season, aud propose 70 set upa
farce at Dreary Lane Iheatre 10 be enti-
tied "The g, 5. A., or a New Way to Sc 8
cure New Debts ~
The fact is, if your banking house Is not
fictitious creation, then We conclude that
its head is destitute OF those principles
which would Justify US il holding further &
communication with him, q
A few words more, and we shall conclude
all we have to say on the subject
The British people can have no conf
dence in a government to The head ofwhich
is man who approved and justified tho
West reputation Of State fatl AID honor
OH record.
We have his written and printed GecIar~.
atoms OF the fact aud as We are perfectly
cognzant Of alths circumstances connected
with that yiolssioa, We feel at liberty to in-
vite your clo,est attention to il, and now
lend you copies d the decision Of your
coufts aaA the reports Of popular meetings
sustaining such decisions. The judges
who m;ule them, tile pDp.llar orators who
sustained them, have since been Governors
diplomatic representatives, 70 Europe, ana
last and least, one OF them is President Of
4 Confeleratcl Government that deIudes
itself with an idea that y yegetable fibre,
which no American can eat, il the pabw-
Inn upon which Englishnen feel, and
which sustains them and keeps them all
noblenen, and peassiIits--from Tie wIK-
house There's pluck enough u Eng lud
left, thank Heaven, to live without slave
cotton and to refuse &c. $. bonds.
We can hardly end here; for we Naye
something more to shy, ana therefore eg-
tend our correspondence with a baiikcE'
.fhe character and credit 81 whose house
we have 10 lniornlEioa ot. Let us add;
There Is nothing 81 revolving - an Eng
lishmans lcyalty as treason. There i
nothing 81 vapatdonabls t. him is the
gult Of hisl rno could lire pa liseoanuy's
Mug.
We have the assurance that one Morgan
did that deed. Had liz been elected Presi-.
dent of G. S. a. We should not have been
surprised, as All that is true and loyal toa
nation seems to have met the same fate as
the claims If tie British bondhodrrot Mis-
sisippi and Flosila Bat tho rice il moi 10 !.
tbs swift. Regulators are hoaored where
4r.,;t 50 ara f,asyterftsi