Abbeville press. [volume] (Abbeville, S.C.) 1860-1869, 1861-10-11

we give below letter from Superin-
tondent DeBow to a citizen of the the
South, explaining the operations of the
produce loan and the direct tan act:
J. RIcuMoND, August 20, 1861.
DEAR SrR: = II. You, will
perceive, by the paper winch send, tha,
C1ngress has acted upon the question oil
direct or 'scar tar and, under the enlar.
ged policy5of the Secretary Of the Treas
ury, substantially carried out the views
which find you are SO earnestly inclined
to advocate or support. The tax $50 cents
on the hundred dollars, payable in May
next, and susceptible of being assumed Ly
the htateG is certainly very light: and in
no degree likely to cmbarrass. Even il it
were otherwise, individual patriotism
would prompt the ready sacrifice. The
banks already, in spirit of liberality and
patriotism, have come forward and made
such tenders Of support to the financial
policy Of the Government as must pro-
tecs 1t at every point. The only regret is,
that legal restraints thrown around thoss Of
Louisiana (Which, it is hoped, will in some
wa; way be removed hsXe prevented their
helpurpose Of the direct tax, as ex.
planned in one Of its Glasses, is ss,o paw ,hc
principal and interest, Of the public debt
&C. This assuredly isa matter Of deem
concern to&thosc who take tho bonds Of the
Government and especially to the large
and increasing aumber OF. planters Mo
everywhere, with great prodigality, are
subscribing to the produce loan.- Here is
Ithesp'edge, beyond pcradycntarc, that tl,is
interest crest will be promptly paid, and as TO
the principal, who of US can gainsay its
security, based, as it is, upon implicit cons
ildence in the success of cause in which
our all is embarkca7 To talk ofsuku,.
eating our people is.to adopt language
which the President has we'll. said is in.
comPrehensible to;thcIn.'
The planter who makes a thousand
hegsheaas of sugar ,,or q thousand bales of
cotton, and 50 of any other quantity, and
sapbscribes ,proceeds;of opo:half Of itsosai
tie Government will >receiveSsin interes.
upon the bonds he obtains, two or three
times the amouneof: the war tax assessed
upon him.. and this calculation any one
cansmake for lMhseK
The cotton planters are pieagins, with
great uln!anaimity,. l! ftsctionssof thei.:crrops,
varying from a,fourt!!: to a half and RI
some ON instances the pledges are Of the en-
aite crop. These subscriptions vary from
one bale tdtwenty five hundrea bales, ana
'isaa marvellous iowitaess the ,avid,ty with
,Mshich ~ seyery. class ia.coming forward. In.
tie smaller Items It isoftehh IL written against
the figures; q tRss 81 isntiIe*erop.sa In cases it
'.sgta.ed that the. patty ,isea free negro
sAEsr one, you'd tkus have a place : IL The
spietusef hath ssasa be cotton d, plan, L
ters .is beg:snisg espTSye pis saaalB soaor
!seay sebao go sfioh ;snd. grain f5@sss3
asal ls63ql essE the. record 81 If ths loan ie |
l,ash sasd hayessse : sdionbtA wifi bs, I'll
YIN aayslikh one. Of ssfeah5st stextaor;dinssy |
Big annals. Of OH, r,sass : 5ClassicI| G |
History af ties esdayss q. 4 lSts., sbswing.l
notthngt tusaffa asinstihssa, ,ias reach. 1
ing, Ntsaleha haatip y, ind rYwboi heatted sdeA