The south-western. [volume] (Shreveport, La.) 1852-1870, 1862-01-15
CIRCULAR.
CONFEDERATE STATES OF AMERICA,

TREAsuRT DEPARTMENT
Richmond, August ed, 1861.
TzyIF CONGRESS- of the Confederate States has author
ised the Secretary Of the Treasury to issue Bonds To
am extent not exceeding hundred millions OF dollars
for the purpose of funding is Treasury Notes ana lor
making exchanges for the proceeds OF the sale q raw
produce and manufactured articles and the purchase Oh
spcie and of military stores
authority Of previous Act the Secretary R-
noiutpd Commissioners resident different sections OF
the States to solicit in advance from planters, manutac-
tures and others subscription OF the proceeds OF the sale
OF their crops ana other branches Of industry TO De pa
for in bonds Of the Confederate States
10 tie patriotic ana Jealous efforts Of these Commits
sioners no less than thelofy patriotism OF the people,
the government is indebted for aggregate subscp-
ton which reaches already many millions ofdoIlars The
beraIv ofeyerycaSs otthecomnunty has been eFlhce'
The cotton the rice the tobacco and the sugar planters
have We'd with each other and IN the first named staple
alone the subscription n several OF the states
from one-third to one-hall OF the entire crop.
1t not proposed has been frequently explained to
interfere with the usual and customary arrangements OF
planters and others in making sale OF therproduce rms
is not necessary 1t is only asked that each individual
shall indicate in ad sance the proportion OF the same
which he willing subscribe the time and place OF de-
livery the factor merchant III whose hands 1t Is to be
placed for sale and who is authorised to pay over the
proceeds and receive III exchange Confederate Bonds
These Bonds carry interest OF eight per cent? payaDe
semi annually and not to be issued OF less denomna
ton than hundred dollars except where the sub
scrpon is for less amount, when the limit Is hXed at
fifty dollars. The payment of the principal and interest
is secured will be perceived by special act Of Con
gress.
The agricultural and manufacturing interests which
have the opportunity OF contributing TO the wants
and sustaining the credit of the Government were not IN
condition to make cash subscriptions TO the loan Prev
ousy authorised Their surplus capital was already IN
vested and their command OF resources III e nature Oh
things was mainly to be looked for IN the future upon
such future resources they authorised safety TO draw
and the investment proposed asdetrGm ls claims on lne
patriotism, may be regarded altogether as ' an
tageOus and safe any other business transaction.
The time Of sale referred to in the caption OF the lists
which sent out Is intended to indicate the usual GATE
+ittFr lfr,l1 to
be subject to those considerations 81 mutual interest,"
which would postpone sale where the properly "ouIu
be sacrificed.
Special agents nave peGn apPQteu q WI, y
ted, in every County and District OF the 9o"th' lhey W
be furnished Win ti1n ,' in o
ol.l olI " ersnaI onneaIs nubIic addresses or
~ -. ,ti;t,lt IF tho ,,rasS The results ot
through he % o. WI t ti ~
tAeil l"ooI : VI M II - M, y ,rt,,.ry In, r
uS - ~ % I ~ x,vE On rrE PosrorFIcE
ENpo,.9h IioS ~ ~ -, 4,,r,,,.r
M M - a. ~ -II 80 If r, nj, cross icb re-
I+ ~ t s,Ier+ f,,c loan are herewith annexed
''V ~ " 81 " " ~ ~ MENINTTEGFR
y - Srlt".ri. - tI,, r,r,.as,,,,,
l mi, ;,, ~ rr,a,s,,,,. !, o+a,
~ III y I,t III f,rrir, tIf. s;,r,1n and
GU" ~ g. ~ Y. u.s. = Ut l,r55 ia
10 l"' $50 ~ w ~ ~ - Ii States "A
aigG = - e as treasry NAV
an i1 ~ + Ctr f,,ierata Stotts
~, ", ~ liz louis ZabIa al the ex
1917, I, f,,,,, tI,,f, data' ma hnorinc, q
PifaIGH p l"enE ye1Is iioiu inllL u''e ~
, I'M - H. AIa aid interest q be Maid
80. r1 mi ~ tj L,4 Ft,a. r,nl,l;l a,I,-erIIisn
SUM ~ 60 81 - IL r, - ST..
men! III Il'Ee new sp"IGIs Nl''i'l 'e ~ va c
tor SIX "eeS' 10 ne Sol io ll'i! VI ioi
the proceeds oi safes oil f" PfG4Icc OF eu al
tclcS TO be Paid III seGie or DS Oh eAtH4let ~ sIC
manner ah@ Nhort sven IT, Is LILA ~
ny tGe secretary n the treasury, ~ iGpoi I. u II
SUNG session % lAe congress o. lie Noneae ~
precise statement OF ms transactions uuol
shall the Saia hohGS De SSueU III 4el'oh"l "ts VI 'le
hundred or De tAeAtlge9 pl the Nil SeS C'iH lo u s
uTy notes or e NOTES OF any o9llu COZ % lll
lldu@I, g only IN me MANNER ue'Sn l Io +
dcd, ih&t nothing herein contained an pe y construed
n 70 prevent ,Ae secretary 9! US treasury lol Ecces
nS foreign bls 81 exchange ~ pay "ltI 2, tsSg G2"'
NAc' ad2' Le''')
A BrL to be entitled Act to authorize the issue OF
Treasury notes and provide War Tax for their re-
dcmption:
Section J. The congress of the Confederate states OF
America do enact That the secretary Of the treasury be-
and he is hereby, authorised, from time to time as the
public necessities may require, to issue treasury notes
payable bearer, the expiration OF SIX months after
The ratification Of treaty OF peace between the Conted
States and the United States the said notes to be
vi any are I,ab bnt tl,c
issued under former ac1s shall not exceed One hundred