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Providence, R. I. (Rhode Island, United States) (search for this): chapter 23
uspicious result to the Union will benefit as largely the States in insurrection as the States which have remained loyal? However this may be, the duty of the National Government, as the constitutionally constituted agent of the people, admits of no question. The war, made necessary by insurrection and reluctantly accepted by the Government, must be prosecuted with all possible vigor until the restoration of the just authority of the Union shall insure permanent peace. The same good Providence which conducted our fathers through the difficulties and dangers which beset the formation of the Union, has graciously strengthened our hands for the work of its preservation. The crops of the year are ample. Granaries and barns are everywhere full. The capitalists of the country come cheerfully forward to sustain the credit of the Government. Already also, even in advance of this appeal, men of all occupations seek to share the honors and the advantages of the loan. Never, except
England (United Kingdom) (search for this): chapter 23
warrant a confident expectation that the war, prosecuted with energy, courage, and skill, may be brought to a termination before the close of the next spring; in which event, the cost, beyond the revenue, will hardly exceed the amount of the two hundred and fifty millions loan authorized by Congress. With due economy in all branches of the public service, the total expenditures for all objects, military, naval, and civil, in this year of war, need not exceed the ordinary expenditures of Great Britain or France in years of peace. And is it unreasonable to hope that the auspicious result of peace may be hastened by the reflections of the citizens of the States in insurrection? That they will review their action; weigh their own welfare; consider the disposition of the people of the whole country to recognize all their constitutional rights, and to allow them their full share in the benefits of the common Government, and renew that allegiance to the Union which, in an evil hour, the
France (France) (search for this): chapter 23
fident expectation that the war, prosecuted with energy, courage, and skill, may be brought to a termination before the close of the next spring; in which event, the cost, beyond the revenue, will hardly exceed the amount of the two hundred and fifty millions loan authorized by Congress. With due economy in all branches of the public service, the total expenditures for all objects, military, naval, and civil, in this year of war, need not exceed the ordinary expenditures of Great Britain or France in years of peace. And is it unreasonable to hope that the auspicious result of peace may be hastened by the reflections of the citizens of the States in insurrection? That they will review their action; weigh their own welfare; consider the disposition of the people of the whole country to recognize all their constitutional rights, and to allow them their full share in the benefits of the common Government, and renew that allegiance to the Union which, in an evil hour, they have been te
Washington (United States) (search for this): chapter 23
s occasioned by it, were the people of the United States in a better condition to sustain a great contest than now. Under these favoring circumstances and for these grand objects, I shall, in pursuance of the act of Congress, cause books of subscription to be opened as speedily as practicable in the several cities and principal towns of the United States, in order that all citizens who desire to subscribe to the loan may have the opportunity of doing so. Meanwhile those who prefer that course can remit any sum which they may desire to invest in the loan to the Treasurer of the United States at Washington, or to either of the Assistant Treasurers at Boston, New York, Philadelphia, or St. Louis, or to the Depositary at Cincinnati, whose certificates will entitle the holders to Treasury notes on the terms already stated. The patriotism of the people, it is not to be doubted, will promptly respond to the liberal wisdom of their representatives. S. P. Chase, Secretary of the Treasury.
United States (United States) (search for this): chapter 23
Doc. 23. Secretary chase's appeal to the citizens of the United States. Your National Government, compelled by a guilty conspiracy, culminating in causeless insurrection, is engaged in war for pplied from the property and production of the country. The real and personal values in the United States reach the vast aggregate of sixteen thousand millions of dollars; and in the States now loyaed by the rebellion and the derangement of business occasioned by it, were the people of the United States in a better condition to sustain a great contest than now. Under these favoring circumstaion to be opened as speedily as practicable in the several cities and principal towns of the United States, in order that all citizens who desire to subscribe to the loan may have the opportunity of course can remit any sum which they may desire to invest in the loan to the Treasurer of the United States at Washington, or to either of the Assistant Treasurers at Boston, New York, Philadelphia, o
St. Louis (Missouri, United States) (search for this): chapter 23
occasioned by it, were the people of the United States in a better condition to sustain a great contest than now. Under these favoring circumstances and for these grand objects, I shall, in pursuance of the act of Congress, cause books of subscription to be opened as speedily as practicable in the several cities and principal towns of the United States, in order that all citizens who desire to subscribe to the loan may have the opportunity of doing so. Meanwhile those who prefer that course can remit any sum which they may desire to invest in the loan to the Treasurer of the United States at Washington, or to either of the Assistant Treasurers at Boston, New York, Philadelphia, or St. Louis, or to the Depositary at Cincinnati, whose certificates will entitle the holders to Treasury notes on the terms already stated. The patriotism of the people, it is not to be doubted, will promptly respond to the liberal wisdom of their representatives. S. P. Chase, Secretary of the Treasury.
Cincinnati (Ohio, United States) (search for this): chapter 23
s occasioned by it, were the people of the United States in a better condition to sustain a great contest than now. Under these favoring circumstances and for these grand objects, I shall, in pursuance of the act of Congress, cause books of subscription to be opened as speedily as practicable in the several cities and principal towns of the United States, in order that all citizens who desire to subscribe to the loan may have the opportunity of doing so. Meanwhile those who prefer that course can remit any sum which they may desire to invest in the loan to the Treasurer of the United States at Washington, or to either of the Assistant Treasurers at Boston, New York, Philadelphia, or St. Louis, or to the Depositary at Cincinnati, whose certificates will entitle the holders to Treasury notes on the terms already stated. The patriotism of the people, it is not to be doubted, will promptly respond to the liberal wisdom of their representatives. S. P. Chase, Secretary of the Treasury.
S. P. Chase (search for this): chapter 23
s occasioned by it, were the people of the United States in a better condition to sustain a great contest than now. Under these favoring circumstances and for these grand objects, I shall, in pursuance of the act of Congress, cause books of subscription to be opened as speedily as practicable in the several cities and principal towns of the United States, in order that all citizens who desire to subscribe to the loan may have the opportunity of doing so. Meanwhile those who prefer that course can remit any sum which they may desire to invest in the loan to the Treasurer of the United States at Washington, or to either of the Assistant Treasurers at Boston, New York, Philadelphia, or St. Louis, or to the Depositary at Cincinnati, whose certificates will entitle the holders to Treasury notes on the terms already stated. The patriotism of the people, it is not to be doubted, will promptly respond to the liberal wisdom of their representatives. S. P. Chase, Secretary of the Treasury.
Doc (search for this): chapter 23
Doc. 23. Secretary chase's appeal to the citizens of the United States. Your National Government, compelled by a guilty conspiracy, culminating in causeless insurrection, is engaged in war for the security of liberty, for the supremacy of law, for the defence of Union, and for the maintenance of popular institutions. For means to defray the necessary expenses of this war, your Congress has directed that an appeal be made to you, by opening a subscription to a National Loan of one hundred and fifty millions of dollars. Already the enlightened and patriotic capitalists of the great cities of New York, Boston, and Philadelphia have manifested their clear sense both of duty and interest, by the subscription of fifty millions of dollars. The Act of Congress under which this subscription was received, wisely provides, however, that the advantages as well as the patriotic satisfaction of participation in this loan shall be offered, not to the capitalists of the great cities only
August 19th (search for this): chapter 23
the 19th of August, 1861, and will carry interest from that date. Each note will have coupons attached expressing the several amounts of semi-annual interest; which coupons may be detached from the note and presented for payment separately. Each subscriber may pay the whole amount subscribed at the time of subscription, or, if he prefers to do so, may pay one-tenth at that time and one-third every twentieth day thereafter. At each payment the accrued interest on the amount from the 19th of August to the date of payment must also be paid; and the amounts of interest thus paid, will be reimbursed in the payment of the first coupon. In order to secure, beyond peradventure, the punctual payment of interest and the gradual reduction of the principal, Congress has provided by law for an annual revenue amply sufficient not only for these purposes, but for the prompt payment of all demands on account of ordinary expenditures. It will be seen at a glance that not only is the whole p
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