The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1862-01-15


are not payable in specie, but il ~ the IN
+ terest Of ali loyal States and Of All loyal
citizens to keep them at par, and the re-
ceipt Of them for taxes by the loyal States
would tend much to that end. The State
Bank of Iowa is required by the law cfe-
ating it, at all times, to redeem its circu-
lation in coin, and believe it expects and
is fully prepared to meet that requisition
If, as it seems to ME we must and should
receive for revenue the United States
Treasury notes moi redeemahlc in specie,
/ cannot see the wisdom or Justice of re-
/ fusing to receive the notes of our own
Banks, that are SO redeemablc, especially
when by SO doing, we make the payment
of taxes more easy to our people and
more certain TO the State, and at the same
time aid to some extent in keeping in
circulation among us currency which
has, and in HF judgment deserves, the
confidence Of the people.
MILITARY AFFAIRS.
The report of the AdjutaHt General
herewith submitted, shows the number
and description of troops raised in this
State for United States service to be Six
teen Regiments of Infantry, -Four Of Cav
airy, Three Batteries Of Artillery and one
Independent company Of Cavalry for from.
tier service. OF these the Fifteenth and
Sixteenth Regiments of Infantry are not
fully organized, In addition, Col Koch
aud Col Rankin are engaged in raising
Regiments of Infantry, which if compile
ted, will make the Seventeenth and Eieh-
teenth Regiments Of that arm of the ser.
vice.
1t is matter of much qualification to
me that our State has thus promptly re.
sponded to tile demands made upon it BY
the United States for aid in this perilous
crisis of our country's history, and it is
also a matter of great pride to me that the
troops of our State, whether tried in the
exhausting service of the camp, the march,
or in the fiery ordeal of the battlefield, have
never been found wanting, but have by
their cheerful endurance of unaecuston-
ed hardships and their indomitable yalor
won for themselves and our State a name
which may well cause us to feel IN
honest pride in claiming in any part Of
our broad land, that our homes are In
Iowa.
/ At the Extra Session Of 1861 what was
supposed ample provision was made to
furnish the necessary funds for raising,
clothing, aud equippng the Volunteers
that might be required from this State, BY
authorizing the issue and sale Of our
State bonds. Immediately after the close
of that session, the necessary steps were
taken to put our bonds in market, but be-
fore they could be offered in New York
the faith and credit OF our State were
most wantonly and unjustly attacked by
certain papers in that city, so that when,
under the law, the bonds were offered fer
sale, it was found entirely impossible to
effect sales at the price fixed by the Board
OF Commissioners appointed for that par
pose, which would not have been ruinous
to the State No sales were therefore
made in \. York, and an appeal was made
To our OWN people La take the bonds and
furnish the means necessary to meet the
large expenses consequent uponraising the
troops called for from this State The report
] ef the Loan Agents herewith submitted
will show the amount Of bonds sold by
them in the State, and the amount of mon.
I ey received therefor 1t will be seen that
much the larger proportion OF the bond:
was taken by persons to whom the State
was indebted and that but small share
was sold for cash. The result was tina,
the officers charged with the duty of rails.
, ing troops as required by the General Gov.
ernment were much embarrassed for want
of means, being compelled to operate
j wholly upon credit, consequently to grcat
disadvantage. Whatever could be furnished
! by our people was promptly furnished on
the credit Of the State, but without means
: it was impossible to procure arms, clothing
+ and such other articles as our own peopl,
, did not produce. After providing cloth
i ing for the LIST, md and 3rd Reuimtnt-,
/ found it utterly impossible to provide fol
Q those subseq emily raised, and was com
] PEELED to rely upon the General Govern
, ment for that purpose, and although j
h was matter OF much modification To ias
!, to be compelled to allow cur troops t
: leave our State un-uniformed and un-arm
d ed, vet ain induced to believe the result
G has been us well for the troops and for tn
i Government. The troops who left on
r State without uniforms, left at a season o
: the year when but little clothing was need
Il cd for comfort, and they were provide,
I with uniforms in Missouri as speedily an,
d more cheaply than / could haye provides
t for them. The Regiments which hav
Q left the State moro recently have been fur
t nished with good clothing by the Genera
r Government before leaving have no
!. purchased fer the State the aTA4s eeasem
0 plated by the law passed at the Extra SEES
r sion, for the reason that arms could b
/ had only for money, and I had not TIL
. I II.