Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1864-06-19

q AR. EDITOR. The readiness with which n
8 press Throughout fho Gonls5erscy has at 4
times sdgoested any measure calculated to pro
mote the interests OF tho soldier, encouregea 10
; 70 ask spsee "a your ooinmns lor he p0Tpos
8 Of bringing bs40r5 the public g masiaf which
if properly Understood and appreciated vii
prove > soaEes Of great bencfi % .hs noble s5l
; dieEs OK cur army, who ere naakipg every sacsi
fee 20 sceouplsh the Tsdemptioa Of tie Coz
fedegaey. quote from tbs y ehmond E.sm
iHsT some extracts Wkich win convey more for
eibly the advantages Of the proposition in yieag
than anything e5sld say ia is bebal;;
Congress has at length arranged tia elss
ton Of pay aEd rations so ofissFs, noA-eomais-
stoned officers and privaies for this year Tte
pay Of private soldisrs is rsissd seven dollars
per month, making Il eighteen dollars. b ID
addition to the present increase Of pay, Can-
gress has authorized the issue Of 81 bounty
bonds" each representing one hundred dollars
one Of which each private soldier shall Be en-
titled 10 receive on the first Of Octobsr rsrf
provided he has been at his post in the arm ,
from the frat Of April last up to thst period
These "bounsy bonds" are to bszr iatsfsst AZ
six Per cent, and, considering the eoadilion Of
their giant, they viii have . certain honorary
character over and above their pseuniary value
| A special additional tax of one per cent, BE-
sides the ether Conledsrsie taxes, Is also appro-
| pyisted 20 guaranty the bonds; and ia ths case
| Of this Coniederaey securing its Independence
OF which there is no reasonable doubt. they viii
| b real value FOR the amount oa their face, and
produce siz dollars annually IN gold
SIT IS TO be hoped thst soldiers ahess good con
| duct shall have earned this certificate, will
| prize It at more than is money rate, as hieh
sttes.stion OF his aiihfnl service to his equntrv
during the present great, and perhaps final cam
| psign. SpsoulstnTs, bgokers, noneY-ehsngsrs
viii OF course sndeav0r to buy the securflies Tor
. sTifsi and If soldiers tempted by a small sun,
in hand, EhoEld be so imprOvidezt IS 10 nart
with them, many sxi0Ttionsrs would make for
| tune, and thousands Of soldiers would lose not
only diploma Of honor, which would Be dssrly
valued b. iksIr children after thm, but also !
substantial faRd which is to produce each year
more real money thsu the whole prineipsl If
paid 10 C1nfedeEats psRsr At this dsy. IRE
! bounty bond, . will have besn hard earned; we
sruss that taey win be still hsFdsT to buy.
It's money value Is pe-baps trifs--to rn.p-y
OF o5r SOLDIERS nothiagi yes if unhsppiIy bought
up Ia muiiisudes, it would make great esins Ia
speeulators; and, whsi is worse, lis Alienation r,
this way would dispsTags and deprseiats tbozs
which vocsd still ssnsia in the hands Of those
men who won thsm. We do sVos. trss We have
It si heart TINS once to dissppaint the folk VIC
buy sod sel everything, and 20 raiss the urics
rescb."
Who can read these lines wi.hout Eisbiny that
some plan could be adopted 10 avoid the sseri
zee ef these bonds, and their being retained In
the possession Of thoce who have, for dayE snd
lights, been exposed to all the hsrlshins Of var
II seems % me, hoW8vsr, that measures can be
adopted to carry into effect the verv ersditshla
suggestion Of tho EEaHsissr. Why eannot
company De formed on the plan Of loan ,sso-
cation, which will secure to the soldier thsse
bonds which, however hghaly they may be
priced Tor their monetary value may. in sfter
yesTs, bea mark Of distinction which theiY ebiI-
dTsn would prise beyond price I submit.
therefore, that company be organ7z.d IN s-rb
state, hAsed upon the following plsa: Let tbe
clsl@s1s OF Augusta who have tbns Tar bssn re-
nom the invader, show their appreciation By
unlting as enee, ,-snd with q spirit bee7miay a
grateful community, organize the fund, and Axe
the credit OF having been the first to essablisb
these associations, which, if properly managed,
will dc a VAST deal of good, and reflect ersdit
upon sll who have contributed 70 he estaIfsb-
nens Of such worthy institution. with thsse
lew remarks, submit the plah, which I thiuiz
viii fully carry out the PSiecs in visF,
whereas Consress hiss passed an act. allow
ms 20 81 soldiers Ia tho army, who from The LAT
April, ls64s to October 1st, shall nave beeu on
duty, bond of one hundred dollar. ,vitb an
annual interest OF per cent; and whereas. il IA
wise and patriotic to sEOid the sale Of thess
oon1s, oy soldiers in the army, who may be
compelled to foTee them on ths narkss from ne
eesslty OF themselves or relatives, and 10 =aepre
these bonds to .hoss to whom shsy arc .yvsrls3.
"and which ought, even among our soldiers to
make tbs winning Of It an object of zsslous
ambition, sRd the possession of il a real inhsrit-
anee OF honor, to leave 10 one's Children"
Therefore,
We, the subscribers, lean the sn1ount alfred
to sUT names, Tor the purpose Of forming \ espi-
tai TO organize Soldiers' Loan association. T9
advance or lean the soldier, holding this bou5.
the full a1aoUnt Of the bond, shoEld be either b
compelled or desire 70 dispose Of, to Use the
money, allowing him 10 Teelsim, at mar. the
bond any time within three years after deeis-
Tsiion OF pesce between ths United States and
the ConiedeTste States, having forfeited ouly
the interest thereon, to the date ofsits rsclans
ton.
That IS sn evidence Of our sincerity and dis
inieIeBtadnsss beyond the protection Of the soi.
der =" who may be SO impTovident a 70 part
with them" and that they shcsld remain in The
POSSESSION OF those who so nsTit0riously sre enti
tea thersto, ne loan lhs amount to ths company
iTse'ot interest That We also agree that the
net earnings or profits Of the association. after
deducting the actual expenditures Of no com
psny, should be annually appropriated to the
relief OF the widows and orphans Of al soldiers
who have served tbs G0nfeisTaey from the sssts
Of GsogEis.
That, g soon ss practicable, regulations sud
laws snail be adopted 70 cary iat5 effect TIE
purposes OF eur suhsaipsi0u-shst as The expi
ration or - yssEs, the original anoant OF on
SUBSCRIPTION is All we ask 20 bs reSlndsd Ia
6hateyer may thea eonssituss the assets Of rs
company. The above is only sn outline or tbs
principal features Of the plan, and am inclined
20 tns oeilef that the matter viii be properly
carried out BY ths psople of Gsorqis. sDd M
desire and wish Of your correspondent be faIlv
realized MERCHANT.