The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1864-09-09
OrIs CRAWFORD,
Secretary.
The Great Fore,cur,o.u

A Washington correspondent Of the
New York World has the following con,
corning the proposed foreign loan, the
general particulars of which were sreci.
ally lelegraPhed 10 the Journal BY our
Washington correspondence Monday:
1.-The proposed loan of one thousand
millions Of dollars from European ca pital
lists to the United States, is attracting
much attention. II is true tina, such an
offer has been made, and upon terms con-
sidered very favorable to this country. 1t
was not intended tba. the proposal should
have been maderpublic just ye., bat as
1t has been announced both here and in
New York. any further reticence Gu he
subject Is unnecessary. The proposed
term for which the loan is to be made Is
seventy.fve years, and the rate OF inter
est three per cent. The payments are to
be twenty per cent. in coin, ten per cent.
IN currency. and seventy per sent. in out
standing obligations of the Government
II is proposed to dispose Of the whole
amount among the people of Europe on
the principle Of premium loans, the prin.
cipai to be reimbursed to the holders DOR
ing the last fortY-6ve years of the term
IN equal semi annual instslIments. the
government paying the current interest
premiums and principal, which would
require bn, $4,000, 600 year during the
term OF The loan-seventy- re years. To
perfect this loan would of course r.onire
legislation by Congress, but no |
diihoalty is anticipated in procuring such |
legislation ehoald il be decided to accent
the offer It's effects upon the finances IF
the country would be developed mad.
vance OF such legisiatioas, As it would i'm.
u eoIateiy create demand for Govern.
henl bonds and stocks which woold great
= augment their gold value, besides re-.
irng IRON circulation large amount If
currency. lis believed that the nrono-
ition viii besgreed to and that in that
vent 1t will enablea much more speedy
sumption OF specie payments than could
aher~'se take place."
hA-oEchkTARY CHAsE-The follow
~. from recent letter. written by Hon
ohdee speaks Tor itself. o
do not see any reason for beliey;no '
nat the great cause TO which VIC aya az
ound can be promoted any better or a.
'eli BY Withdrawing support from the .
onioauou made at Baltimore, and NO :
iase OF dissatisfaction, however strong. II
III warrant any sacrifice Of that cause I
nat future circumstances NAV renu;ro 7
warrant, cannot nov be forc.een and ),
SEQ not be considered. particularly :
es're that my friends should do nothing u
I'd say nothing tia, can create the inn. a. a.
'ess,on that there is any personal differ. :
ace between Mr.. Lincoln and mvs.,r :
= mere Is none. All the differences !
's' exist are on public que1tions and :
ave no private bearings \
eA-Ihe sum and substance of ~. N:
'go democratic Platform are inst thi,
ncle sam is dead, and dee Dsv;. ~ p
'.n,eo 30 aiminister on the estate NJ. N N
llidren Object. and demand : = sh...: "e ri
the case. They don't believe e ,ha .,
ported decease. !" we On
How. LEWIS CAss DErouscrs ~,
'PPEsnEAD PLATroRM.-W. lcsrp f.o,,. g,
doubted sathesity that, Hon, Lev;s !.
ss pronounces the Deuocrasio platform =
most ignomincus surrender to The reh. Z
!! ana says that 10 casnos support IT, -