The south-western. [volume] (Shreveport, La.) 1852-1870, 1861-10-16


When it was first recommended BY the cUtgo.. sre-
kers and the governor that planters should retain their
crops their respective plantations, it was expected
that the government or factors, would make at least
some advances; but in this expectation they have been
disappointed How they are to pay their taxes and
procure their pork is mystery not easily solved The
Memphis Avalanche says, the planters of the south
with that selsaeriicing patriotism which has prompt
ed them to equip regiments for the south their
private expense and volunteer themselves as pryates
in the ranks have subscribed large portion Of their
crops as loan the Confederate government to fur
nish it with basis Of credit on which to raise means
for the prosecution of the war.
But they find themselves now at a loss to provide
clothing and other necessares for their servants and
families. In conformity with the policy Of the govern
ment, they win keep on their plantations the portion
Of their cotton crops not subscribed and which if
ken to market might procure the supplies they need.
In consequence ef this they strained to procure
the necessities, without which those Deepen dent on
them must be subjected to actual suffering
Under these circumstances is it not the duty Of the
Confederate to lend what aid can to those
who are making every sacrifice in their power to sus-
tain it? It has been suggested that it purchase the
cotton crop of the Planters at an average of cents
per pound paying for it in treasury notes. which could
be used as currency. We think that it might, at least
with safety to ITSELF and certainly the great relief
of the planters, purchase onehaf of the Gotten sub
scri5ed paying for it suggested ana leaving
the plantations to be delivered according to agreement
when called for.
The notes not bearing interest, would be extra
expense to the government except the cost Of issuing
them and the cotton in the hands of the planters would
be reasonable security for their redemption To
these notes into permanent loan, according to the
slpuatons of the subscription it might be provided
that they should be rcdecmable III Confederate bonds
on the delivery of the cotton to the government.
The holders Of the notes would be subjected to no
less as on the successful termination of the present
struggle Of the south for independence Of which there
cannot be a reasonable Doubt the bonds Of the gov
eminent would be in active demand BY the capitalists
of the world, as a safe and profitable Investment
But if the south should be unsuccessful it will matter
but little to the holders Of the notes that they are of
no value as all property in that event is likely to be
erguphed in a common wreck
1t is bat just and reasonable that the government
and people should share the common risks and sacri-
fees incident to this great sruggle-that they should
bear each others burthens, and by mutual help
tribute to each others support, in this hour of trial
The present is an extraordinary emergency, to which
the ordinary rules of financial prudence should not be
applied with too much nicely. To enable the south to
weather the present storm pass the fiery ordeal to
which she is subjected, both government and people
must be sustained by such measures Of relief as may
be necessary and within the bounds Of reason.
Should the port Of New Orleans continue to be
closed which is more than probable our planters MUST
have some relief-its Of no longer to attempt to
deceive them by asserting that the British and French
would break the bockadc-thcy will not attempt any
such thing.