The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1864-08-13
jJubIit Atfairs.
40 tlae EoconIc oftIlc United States
TREASURY DEPARTMENT.
,Iuly %, 1864.

thorizci to issue IN amount not exceeding
tg,o hundred millions OF dollars III treasury
notes, bearing interest at Il rate not exceed
in. >cvcn and thrcc-tcnths per ccntum: re-
,.cra4nc after three years from date, and
TO exchange the same for lawful hloheE.-
H'he Secretary is further authorized to con
vert the same into bonds, bearing interest al
"a rate not exceeding six per ceiAlm' laIa-
bic in coin In pursuance of the authority
thus conferred, now offer 10 the people OF
ruc United States Treasury notes as uc-
ribbed in my advertisement dated July -''
1854.
The circumstances under winch TINS loan
is :, lri for. and your and INVOKED, thou%h
differing widely from the existing state OF
affairs three years ago, are S'lch as 10 a.iord
equal encouragement and security. me,
while proving that lie struggle tor national
uuty was to exceed III duration ami severity
car worst aniicipallonS, ha" ieI'e" 'nt ia,
,iouui strength, and developed me 'l"'i""",
resources, to an extent alike uneNner''' anu
remarkable. exciting eInal aHto'.."''e,'' "'
home and abroad. hrte veafs VI war nav
have burl.neJ You with deHt "h'en' ,'"'
three years SINCE, would have seemed oc'
EoaI your ability to meet. ct the accn,
mua,cd wealth and productive energies o.
III" nation have proved To be 81 vast 'h"t II
has been bornc with connlaral!Nr east "nu
!, peaceful future would hardly 'ecI ITS weight;
rs Il price pad inr n"lonai existence anu
the preservation ct irrc H"iltu""n>' "orS
not deserve Il moment roh>l"'ralo"',
Thus far the war has been EUPl'pf'e" ana
carried on. rs il only ro"!d have "ern; ~ II
people resolved. hi whatever c"1' ~ pi"o"
and treasure, Ia iranshlH. '"i'Hih1''e'' I"
lwStrntv. the system "i i''' &"'' ''' ~
uuruthcd to them by the great men "n"
Il his 4 Wal =
resolve has developed p"%er surprising
even to themselves 1t mas SHOWN tn"t III
les! than century aaatIoh h"> a''''.'' ""'
surpassed in VrIor, IN" GA!lat|''eS' III re,
snGrrc~ able to conduct thr"U%h SGr'cS 81
wears. war on ats most gigantic scare an"
finding ITSELF Wien near Ms crosse "'''"E,
1Aimpurvd IN all the material 'Ierle"tS u
power. Il hats. n t'!r present moment great
armies in the field. facing an rh''ny par
entity approaching prrIo" %! ''U't 'A'ai''
ton. but sun STu%-l1N" WIZ" " '"''' my
greater and more desperate "H II So ''U
because 1t sees. the near "pl'r""Ih " "'i"'
and fatal con>ulhmatloh' H"c'' III ny "r
lihcratr judgments Is IN" present '""'I'!o,'
Of the great contest l"r clil i'''''H !" WHEN
YOU are now engaged.
| p to the present m0mcht w" nav 'ca"'
ilv and chcertulIy afforded the means h'c'S'
>ary to support your government IN inns pro-
trlctcA struggle. 1T Is your war on pro-
claimed ii. and YOU have sustained IL "2"'i'S'
Traitors cyerywhclr, with a PATRIOTIC do'otloi
unsurpassed i'll the world history.
The securities G3rrcu are S"eH ~ s"'"'r'
command your reahy confluence Nucn e''
fort has been made to shake r""Hc %''h IN
"urnational credit. both al nome ana aot"%n'
A. yet we have asked no snrri@h ana 'a'H'
and ScII.rrliant. orr own means nave mus
Il th