Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1862-12-27
FlAAAClAL AAp CJnlAIiauiAL.

faIDAT, December 70, lsOS
The bin guaranteeing the bonds of the Confederate
shch rrosnt passed the Soaih Carolina Legislature NAs
Introduced by Hon Borer. pamphlet copy whOse
speech In favor CT have received In b speech
Nc Bas surprise that the plan had not been ProPose
before did appear his mind paragraph
In the Charleston Courier, copied from TIE Rrhmohi Wig In
flrued him that early period l6h Of MAY last the
subject suggested Congress BY resolution Of the Viz
a resolution had either been coraHunl
s.ted 10 Congress- thai body failed give consideration
Ead subject been acted in the shape Of resolution asking
r cooperation Of the several States In the and psescb
g aGo mode % guarantee the sGe shs Confederate
aa.nsss been highly beneficial nsIory OF the
states would have -.panri arAtuey upon
arrn their Crsdi to te and Confederate bonds
4suld selling l. not yet 100 late
TIM AivHass presented Ia this scheme, and hope that the
subject vl prompt consideration from Congress at the
paehug session Like every other aHNIcAl scheme shloh may
be proposed has With opposition We deem it
.tue 10 discus. qlssOa. olyed until Congress
brs bat In Nay gVs soue ofthe leading points pre-
,euted Ia Mr.. Boyee's able speech.
The YANKEE Government requires about two millions
Of money per dAy speedily decide upon The method
providing nrc-sssy for carrying the Mr.
u,- ayls rsia.s,- SECRETARY of Treasury WILL
ioahtlss ugr GE.aes s,hea- which violently oppos
81 Oy the Lankng Interests Tue York Express
that -uobody an funded debt Of the the United
states par The eS tA.ed about the country 10
,aa for purchaser slg-p, uaIug amounts" The banks
says E,psss, Of these bonds Many prudent
hAuss have s-ag thss Unltsi States stocks
ISL ~ pr~errins other Tor their money The
nclason Express that Congress will authorize
creased ds- ttrs paper money damaging 10
b.
We nuubes o., the Nsu York merchants
susnsiers memorial the Yankee Congress pro
r'aE the further issue Of redeenAbe notes. and the
asgo,lSou temporary loa. Only tssOaOO public
funded Ia tssaiy year bonds
bslou commented" Tie ony reason, say the memorslss
ShSh sy heard Assigned Tor this plan OF national anAn
.en b. u short DURATION and that
il ends. the twenty year bonds will bRg great premium. They
remind Congress that III Pesc, restored within few
demand for money sill rIne up Ia all department. Of rade
Manufactures aud 20 great extent that the
prices money viii higher than any former period Of
COMMERCIAL Aiory. Aad ~hrn money Chey SSH Is thus In de-
Sud can the Treasury the capitalists divert their funds
frJ thee channel. Of business per
bonds The shea the Treasury could hAv, funded S per
cent bond, par OF $500 has pissed dtoy
n soon 20 memorials the
pon having seuty years the denomination
tsu So lO and 5000 each bearing ~ per inter
81 aud make s1rs honis legal lender.
II isvery lntsresE ~itnss r Effects Of the Yankees
tca, ,heu.re. FROM their financial troubles, rhsy have sy
Il AnI ChAb- before era III. crisis be much longer
postponed ard ne the better for and the
World.
The Board Of Directors Of the Petersburg Railroad
Company have declared dividend lhe third this be-
svsl + The Petersburg Express that this
road The prosperous In the confeisracy. m stock
held co. ard several shares sold 10 Petersburg
fee days since at -TGs Board Of Directors Of the Rich
mond ami Petersburg Railroad Company desreda dividend
ofslI 2 esnt-The Ab,marle Insurance Company has de-
claryd dividend Of the PROFITS of the last six
mont.The Of The Bank Of the Common eah have
declared dividend quarter out Of the pro-
a FOR The disbursement; Of these and other
ddsni. tosshc payment Of Confederate
aud State bonds III uske money abundant dang the next ten
I.ys