The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-09-22

It Woulds en- TIA our zenfral friends in
Eugland, who inves'ed in the reb Seven
per cent Cotton 1 an Bon Is, have at engih
come to the conclusion that The rsbsl v
eminent, OF which JEFF. Davis was the hesd.
is no more. They sre, therefore, casing
sb,.ut 10 aseer tain II there is 70 some party
respousibie r eb ig.tions o. whom they
can c0ilsct their dcbt S me Of these gen
tlemen held IN eng at London Tavern on
the sth- aato consider their altered position
-sles that The Government Of the United
sta-os las bscsas TIE g fseto Government
Of the Son ederate STATIC: and, & deemed
expedirnt, 10 aPpo nj 8 committee to pro-
Teri ths d rig hts and nte esis, nd a. erally
% take such steps - may be thought sd-
visab e." Admiral Sir P. Wal ace presided.
The chief s. eaker on this oecssio4 Yves Mr..
i hamb rlain, n Solicitor. He thought the
raj question for the me ting to consider
and invvs;irate was eWhether the bonds
they held wers W. n ',he paper they were
WI tei on, Or the price hey had given for
them. or their nominal "a cum, or any other
amount "Hear, "bear," responded the
bo1dholders, ~hen he made this remsrk,
evidently AK US have much ight as
possible throw upon he ubje-t Bat the
speaker could shed non. He left them in
ter darkness he thou ut, however, they
might obtain some BY the appointment Of a
committee 20 make investigations. The
commitie he said, should wa upon En-
4 - De- Hasr Tvaaaw
sgenis, the Messrs. schroede-, and asce tain,
6rst. whether they bad any money in hand
TO pay The coupons nov due. he had heard
that they had some mon y, which, if they
were properly itdemnifed, could be applied
TO the payment Of he interest q the loan
90 rome extent; but be did not undertake
q speak officially. Then, the commit ee
might inquire whether IN, rebel States had
any pro- erty on which the b. nd
holders might De considered TO have a
pIefs rental lien az asairst the +. d
,rsl Government which had taken pos
SEES on Of ihe whole o. he oper Of the
late rebel q verum nl Hhd 5 aies. H. gave
is a. his opinis, IN whiea affirmed OF e
OF ths most able Of lhe Queens C5um CON
CURED, that the several stat hat formed
the late rebel Government were q J Of tn IN
i0vereign and individual State, aad as such
rere each liable for IT, proPortio1ate shar-
Of this loan. And further, that look al
abe Federal Cons itui ON Of he Unned
atss. The ebeis hat no. 80. ieited, nor
could they forfei', their individual and SOW
ereign righis-that they could not be con
siderei 70 have been in such state f re-
beiion as TO IA. he the loan vols, and 'ha'
the +. doral Government 81 de Jaeto Gov
eminent, having taken p sse siou Of another
dc ta,to Government, was Il orally and &c
riding % al ernstional law legally
touui 10 take this loan upon itself.
Do .. spo 81 20 This msWh tene uragi :
view 81 Hsrap~th observed that the on y
claia they could have upo- Z p. der
Gsyeum nj was respect 10 the property
,e.red By them Ehich w 30 i.yPo heeated q
tLr payseni & ,hi- an. 10 al xlent
doob tue had equh BILE e.uim, but
il was pot reasonable 70 uppose taul the
Feieral 90, r., meet woold hold lis ( lab ,
Coz m Dc. Tn claim ~as again the
State Tor whose use the M. ey had been
raised. and upon the property bel ging Il
thosr siaies which b a f,ilen int, the han q
Of ihe Federal Govern men.
I'M. HeraIaih lad given him ELF ths
trouble 10 inquire, he could have told bis
\ fellov sufferers de Il Government
would "boid itself liable" Tor no art OF th,
rebel deb The most it couli doiu tbs
natter, would be to mak- the bondholders
Pc ems ofa check for the amount Of then
claims ,gairz, The rebels, and Mr.. Davie
Joses.t whose lockerthe Anglo rebel Pirate
Alabsma. Florida, on others, consigner
many millions OF dollars worth ofp oPeTt,
Belonging TO oiiizens Of the URiiei States
uiher boudholders expressed views sini
lar 60 those Of Mr.. Chamberlain. They
seemed to think th,re was chance ulu
mstcly 10 get their fingers into Uuele SAM
capociou- poke 3; snd, with this impress
sion, the meeting appointed commit e as
propos . by Mr. Chamberlain 10 iavestigat'
the natter and report 60 sii tdiourned M ct
inr 90 tbs rs h Of October uext.
Wh,u the United s sites pays Or agrees q
pay ,he rebel cotton 10 n any other debt
ths act may be- ken as evidence Of th'
near approach OF the end Of the world gh'
baidhoider who has really the siightes
ho5, n,ust be very stupid.