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Washington, District Of Columbia
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A June 11 Milledgeville, Georgia newspaper promotes two Confederate fundraising schemes: planters subscribing cotton for bonds at good prices, and a voluntary million-dollar contribution apportioned by counties, as proposed by the Governor, amid commentary on the burdens of rebellion.
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A stray number of the Milledgeville (Ga.) Recorder, of June 11, which has fallen into our hands, is principally occupied with drumming up, not for troops, but for money. It presses two schemes for raising the wind. The first is the cotton subscription, which it urges upon the planters, upon the ground of duty to the Confederate Government, which protects them and their property, and upon the ground of interest, as good prices, in Confederate bonds, are to be allowed for all cotton furnished to carry on the war. The Recorder says:
"To the planters who thus dispose of their cotton, there is not the loss of a dollar, to accommodate the Government, on whose success the value of all their property depends. On the contrary, there is a sale of their crops on liberal terms, for a circulating medium at par in all markets of the world, and, to this extent the subscription works its own reward."
The idea of Confederate bonds being "at par in all the markets of the world," could flourish only in Southern minds, long cultivated to believe, most devoutly, in whatever is most false and most improbable.
The second financial scheme is a voluntary contribution, proposed by the Governor, of a million of dollars, to be raised by the counties in the proportion in which taxes are assessed upon them. The Recorder has rallying appeals from several county committees, urging the faithful to come up to the work.
With their only marketable crop turned over to the Confederate Government, in exchange for bonds, and with taxes and "voluntary contributions" besides, these Georgia planters will begin to reckon up how much they have gained by rebellion.
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Domestic News Details
Primary Location
Milledgeville, Ga.
Event Date
June 11
Event Details
The Milledgeville Recorder urges cotton subscription to the Confederate Government for bonds at good prices, emphasizing duty and self-interest, and promotes a Governor-proposed voluntary million-dollar contribution raised by counties proportional to taxes, with appeals from county committees.