Savannah daily herald. (Savannah, Ga.) 1865-1866, March 17, 1865, Image 2
The Savannah Daily Herald.
Bt 8. W. MASON AND CO.
SAVANNAH, FRIDAY, MARCH IT, IMS.
THE 3-30 LOAN.
The country can l>e served more ways than
one. It is by no means absolutely necessary
to shoulder the musket, or to buckle on the
sword, in order to do ‘-yeoman's service
in behalf of our suffering land. As efficient
aid may be rendered, as much may be done
towards triumphing over our foes, by a crip
ple or a blind man, who would be instantan
eously rejected by any examining Surgeon m
the land, as by the most stalwart soldier that
ever put on a knapsack—provided always
thrtt the cripple \>o a capitalist. It is a work
evincing the most true and earnest patriot
ism to invest largely in the loans which have
been adopted as great financial measures, by
means of which to raise money to pay our
soldiers, and support our armies in the field—
to pay our soldiers is to sustain their wives
and .children, it is to cheer the hearts of all
depending on them, and to bring joy and
thanksgiving on every pay day into ten
thousand home circles. It is to strengthen
the hands of the Government—it is to en
courage our President and the others who
are striving so hard to pacify the warring
elements of the country —it is to give strength
to our Generals and new hope to the country
at large.
It Seems, perhaps,useless, to urge the con
stant need the managers of the political,
military and financial fortunes of this great
country have, and by the very necessities ot
the case, must have for large sums' of money-
The expenses of the war run up to not less
than two millions ot dollars per day, a sum
which would he all the pocket-money most
any one or two of us would want to spend
in a week. This enormous outlay goes to
pay the salaries of officers and men lor their
arduous services in field, garrison, and cam; f
to purchase the enormous amount of provi
sions requisite to support such a great army
of men ; then, besides the soldiers proper,
there are many thousands of other men em
ployed in assisting the advance, protecting
the rear, or securing the subsistence of an
army. There are scouts, to point out the
most eligible paths through a strange coun
try—there is a host of wagon-masters, team
sters, cooks, servants and camp followers ot
various sorts, whose attendance is absolutely
indispensable, without whom the armv would
soon come to a halt for lack of provisions,
ami whose duties are oft times as dangerous
and are generally as useful, as those of the
man who carries the gun.
.All these things should be, and must he,
ever dually paid for. The money to discharge
the obligations must comeTrom the people in
one form or another; if the capitalists do not
feel disposed to lend their government suffi
cient monies to carry on the war as it should
be done, and to advance their surplus money
on Government loans as a voluntary act,then
file Legislative powers will be compelled to
force the people to give money by levying
heavy taxes. Qf course a universal tax falls
comparatively heavier on the poor man th.au
on the rich one, so that, for capitalists to ad
vauce to the nation lire money it needs to
carry it through its present great troubles, is
lo do a work, 'not alone of patriotism, bu;
also of absolute charity to tbe poor. Every
dollar more, the rich man contributes lively,so
niuuy cents less the poor man nmsj pay—
u-i/l he, ml he. Hut, there should be little
need of urging upoit capitalists, and upon
many who are not, generally known as such,
but who have from their earnings laid aside
a few dollars beyond their immediate needs,
the propriety of investing their extra funds
in the various U. S. Loans. Should there,
however, be any occasion for appealing to
American citizens on this point in any other
name than that of patriotism, we could sa!c-
ly do so on the score 01' self interest, aiyj
conld easily demonstrate, to the satisfaction
• ‘■'fjitfery one possessed ot coinuion sense, that
there a hank stock, railroad bonds, or
chances in petroleum wells which will P iy
idiQ one halt so surely a heavy interest on
his money as will the l . ft. Loans, though
most ot these timcy speculations promise
much more.
1 here can be positively no mistake wlmt
about it. \\ hit is known as the 7- 30 l«)uu
is by far the best investment known for the
capital of a man who cares more for sure
£Uid certain interest, jiayabls eventually hi gold,
than he does for huge, supposititious divi
dends which are too often represented only
on paper—and bad paper at that.
Among other advantages, which this loan,
considered from a mere money-making point
ot view, offers, are the following:
lIIK. iIONKS ARB ABSOLUTELY AND PRRFI.CT
i.y secure. 'i tie interest will certaiuly be
paid to the last dollar just ao long ns the
country possesses a dollar’s worth of proper
ty to pay its debts with.
IKS* pay THE MOST LIBERAL INTEREST. lor
the bonds pay one ami three tenths more on
n dollar than does the best mortgage on the
lest farm in all the United States.
They are exempt from State am. Mrsi
cfpar. taxation. Thin adds to their value ac
cording to the amount of money a man may
chance to have invested in them, and ac
cording to the per ccutage of the tax of his
own State.
Jt is just att ffo&fi for the pi or man as for the
ItaiL-A one. It is the Sfttvst Savings Sank that
has ever been continued. The poor man’s
fifty dollars will pay him the same rate of in
terest—he will get precisely as much in pro
portion to the amount invested—as though his
fifty dollars were fifty thousand, or his hun
dred dollars w-ere hundred bullions. It is
this equality of dealing with all men which
makes the United States the juost generous
debtor on the face of the earth. It wants to
horrmv now, and to borrow largely; but
when it comes to pay, all will he treated
alike,—the poor man will receive the same
rate of interest, and in every regard be treat
ed with the same respect, as the rich man
who has invested his hundreds of thousands.
These are a few of the reasons which should
induce careful citizens, who desire to have a
“Stake in the country,” to put their surplus
funds at the disposal of the Finance Depart -
ment of the Government, «nd two ends will
be gained: the patriotic support of the nation,
and the pecuniary profit of the individual.
.Vs it is of such vast importance to every loyal
man, that every loan which is thrown upon
the market by the United States should be
absorbed as soon as possible, we venture to
assume that we shall not burden the patience
of our readers by appending a few arguments
in support of our several foregoing positions
in regard to the 7-30 bonds. We address the
readers individually and plainly.
Their Absolute Security.— Nearly all
active credits are now based yn Governihent
securities, and banks hold them as the very
best and strongest investment they can make.
If it were possible to contemplate the Jfiuan
cial failure of the Government, no Bank
would he any safer. If money is loaned on
individual notes or' bond and mortgage, it
will be payable in the 6ame currency as the
Government pays with, and no better. The
Government never has failed to meet its en
gagements, and the National Debt is a first
mortgage upon the whole property of tho
country. While other stocks fluctuate from
ten to fifty, or even a greater per cent., Gov
ernment stocks are always comparatively
firm. Their value is fixed and reliable, be
yond all other securities; for while a thous
and speculative bubbles rise and burst, as a
rule Government stocks arc never below par,
and are often above.
Their Liberal Interest.— I The general rate
of interest is six per cent., payable annually.
This is seveu and three-tenths, payable semi
annually. If you lend on mortgage, there
must be a searching of titles, there must be
lawyers' fees, stamp duties and delays, and
you will finally have returned to you only tho
same kind of money you would receive from
tbe Government, and less of it. If you in
vest in this loan, you have no trouble. Any
bank or banker will obtain it for you with
out charge. To each note or bond are affix
ed five “coupons” or interest tickets, due at
the expiration of each successive half year.
The holder of a note has simply to cut off
one of these coupons, present it to tbe near
est bank or Government Agency, and receive
bis interest; the note itself neeil not be pre
sented at all. Or »i coupon thus payable will
everywhere be equivalent, when due, to mo
ney. If you wish to borrow ninety cents on
the dollar upon the notes, you have the
highest security in the market to do it with.
If you wish to sell, it will bring within a
fraction of cost and interest at any moment.
It will be very handy to have in the house.
They are convertible into a six per cent,
gold bearing bond. At the expiration of
three years a holder of the notes of the 7.30
Loan has the option of accepting payment in
full or of funding his notes in a six per cent,
gold-interest bond, the principal payable in
not less than live, nor mP?o than twenty
years from its date, as the Government may
elect. These bonds are held at such a pre
mium as to make this privilege now worth
two or three per cent, per annum, and adds
so much to the interest. Notes of tiie same
class issued three years ago, are now selling
a! a rate that fully proves the correctness of
this statement.
They are exempt from State or Municipal {
taxation. Aside from all the advantages we
have enumerated, a special act of Congress
exempts all bonds anil'Treasury notes from tax
ation. On the average, this exemption is
worth about two per cent, per annum, ac
cording to tlio rate of taxation in various
parts of the country.
They are in pact a Nat ion ai. Savings
Bank. Whilo this loan presents great,
advantages to largo capitalists, it offers
special inducements to those who wish
to make a safe and profitable invest
vestment of BinaU sayings. It is in every
way the best Sayings’ Bank ; for every in
stitution of this kind must somehow invest
its deposits profitably in order to pay interest
and expenses. They will invest largely in
this loam as the best investment. But from
the gross interest whicli they receive, they
must deduct largely for the expenses of the
Bank. Their usual rate of interest allowed
to depositors is 5 per cent, upon sums over
#SOO. The person who invests directly with
Government will receive almost 50 per cent,
more. Thus the man who deposits SIOOO
in a private Havings Bank receives f>o dollars
a year interest; if he deposits (he same sum
in this National Savings’ Bank lie receiyes 73
dollars. For those who wish to find a safe,
convenient, and profitable means of invest
ing the surplus earning* which they have re
served for tlu ir old age or for the benefit of
dicir children, there is nothing which pre
sents so many advantages as this National
Loan.
Iu conclusion, we have to say the war is
I evidently drawing to a close, but while it
lasts, the Treasury must have money to
its cost, and every motive that patriotism can
inspire should induce the people to supply
its wants without delay. The Government
can buy cheaper for cash in hand than on
credit. Let us see that its wants are prompt
ly and liberally satisfied.
No one will ever hereafter regret that he
has thus sustained his country in her need,
and it may justly, in future days, be as much
a matter of pride for a man to say, that he
has supported her credit with all the money
at his disposal, as to boast that he met her
enemies in the bloody field and helped
humble them by force of cannou and of
bayonet. • ,
Villainy and Swindling —On Wednesday
evening a white man, of very low character,
enticed from a colored man a good United
States currency to the amount of $5, and
gave him in lieu a bill resembling $7. in cur
rency, which is an advertisement of G. E.
Bovey & Cos., Claim Agency, Room No.
Five, Washington and Meridian streets, In
dianapolis, State of Indiana. Several of these
imitations of tho currency are in circulation,
and the rogue, whether soldier or citizen,
who is caught duping the people, will suffer
a severe penalty. The party who robbed
the colored man gave him a receipt of which
the following is a copy:
Savannah, Ga., March l. r >, 1865.
John Brown —
Will pay $5 00 in Confederate money after
a treaty of peace. Jefferson Davis, «
President.
T. B. Bynner, 175 Broadway, New York
City, advertises in another column a vory
large stock of gold, silver and plated watches,
of all descriptions. His list embraces almost
every variety of watches. His • J *”“orted
goods are of the most, trusworthy character,
and his American watches are celebrated
throughout the country. We are personally
acquainted with Mr. Bynner, and know that
persons ordering articles of him, by mail or
Express, will receive the best of treatment,
and rim no risk of being swindled. A large
branch of Mr. Bynner’s business is in con
nection with the army.
People visiting New York, who wish any
thing in Mr. Bynner's line, will do well to
call at his store; and those who wish vat dies
repaired or regulated, will find Mr. B,
Frank Edmonds, a competent workman,
ready to attend to them.
Moke About the Russell Cotton. —The
eighteen bales of Boa Island cotton found
yesterday at the comer of Montgomery and
Huntington streets, has two claimants, Mrs.
Virginia Sheftall, sister of Waring Russell,
and Nellie DeLyou, colored girl, to whom
Russell formerly acted as Guardian. Nellie
claims half the cottou on the following
grounds: She, a few weeks prior to the evae
uation of the city had loaned Russell SSOO in
gold and silver; Russell also had in his pos
session about-ft 00 in gold and silver which
was left Nellie by her grandmother. When
Russell left.town with the Rebs. he told Nel
lie that his sister would sell the cotton and
pay Nellie the borrowed money.
The Hilton Head House.— Nearly all
Hilton Headers visiting Savannah drop in at
the Hilton Head House, corner of Bryan
street and Johnson Square, to see Messrs.
Williams and Wakefield, formerly of that
place. Mr. Williams served his country
faithfully in the 6th Conn., until lie received
a severe wound at Fort Wagner, while car
rying tho colors Os his regiment, which oc
casioned his honorable discharge. Mr. Wake
field has a good three years record with the
14th Brooklyn. They have fitted up the
place in good shape. •
Pofir (jpytQKii at Hilton Head.— Col. C.
R. Bruyton, formerly ot' the fid Rhode Island
Artillery, has been appointed and confirmed
as Postmaster at Port Royal, iu place of Mr.
B. K. Leo, who perished on the ill-fated
steamer Melville. Col. Brayton served over
three years as an officer, rising through all
the grades to the rank of Colonel. He held
several responsible positions in* the Morris
Island campaign, gained by his success as
an artillery officer, and for a time ho was
Chief of Artillery on Gen. Foster’s staff. Ho
will make an efficient postmaster, we have
no doubt. He wilt probably arrive on the
next boat.
*Shtp Lawrenee.—This vessel, now lying
at the Central Cotton Press, is being rapidly
discharged of her cargo. All cotton not
damaged k} pow shipped on board the Bark
Heiress and Schooner Ciias. Dennis. The
damaged cotton is being placed in ware
iipnses. The ships’ pumps are kept going
day njid night, which keep the vessels free.
Moke Cotton Being Poijnt).— Yesterday
quite a largo number of bales of cotton
which was stored at various places in the
city were found. There is a plenty of the
article stored iu various parts of the mfy, all
of which will be found and taken care of be
the proper authorities.
Tub BEE.Kt-Mr. Nichols announces in an
other column an tssun of his spicy little ad
vertising sheet, The Bke, this week The
circulation has increased from 2,000 to 3,000,
and it is a splendid medium for merchants to
communicate with the public through.
Col. YV, T- Bennett.— \\ r e met yestarday,
this gallant and deserving officer, who has
been ordered to this post to take charge of
certain troops either here or elsewhere. The
Colonel has our best wishes wherever ho
may lie. \
ST. PATRICK AND ST. PATRICK’S DAY.
Though there has been some difference of
opinion amoDg the various authorities who
have written on the. subject, as to the exact
date of the birth of the Patron Saint of Ire
land, it is at last generally acknowledged
tliat hu was born on the 17th day of March,
in tb e year 373. His father was Calphumius,a
der.cou, son of Potit, a priest, both of whom
hr td taken orders in the priestly service after
♦.he death of their respective wives. His
mother was Conchessa, who wa3 a sister to
Saint Martin of Tours. At the time of his
birth St. Patrick was called “Snccath,”
which in the original dialect of the country
siggitied warlike —the name Patrieius was be
stowed on him by Pope Celestine. The word
Patrieius, is the name from which is derived
our well-known adjective “patrician.” and
means high born, or noble.
Some authors who have transmitted to U3
biographies of this Saint, assert that he in his
early youth performed several miracles;
other writers make no mention of them, and
as their exact nature is not specified, it is
probable that none are sufficiently well au
thenticated to demand our implicit belief in
his supernatural powers at that time. He
was of an exceedingly mild disposition, and
of very rare good morals, so much so as to be
come the admiration of all who knew him, al
though he himself, writing of his early life,
attributes his captivity to his ignorance of
the irue God aud his disobedience of tbe
laws. This captivity thus referred to
occurred wheu he was sixteen years
old, when he was brought from near
the ancient city of Glascuensis, in a re
mote province of Brittany, where he was
born, to the kingdom of Belaud, where he
was sold, as the historian remarks, “like a
second Joseph." Others say he was taken
prisoner in Armoric Gaul, whither he had
gone to see the parents of his mother, and
was brought from thence to Ireland. However
this may be, it is conceded that at tbe age of
sixteen he was brought into Ireland a prison
er, and was sold to one ol the petty princes
ot the country named Milcho-Mac-Huauan,
who employed him as a herdsman and gave
him tho care of flocks at the foot of the
mountain called Sliev-Mis.
Here he remained in servitude seven years,
during Which time he acquired the language
of the country to which he was destined to
bear in after years the light of the blessed
gospel of Christ. After the lapse of the
seven years he escaped from his master,
reached the sea shore, and eventually ar
rived on the shores of Albania, now called
Scotland. Thence he made his way back to
his native land, and passed several years
with his parents, after which he devoted
himself to severe study, and having taken
priestly orders, and visited many sacred
shrines and profited, much by the teachings
and companionship of many holy men, he
finally felt himself fully prepared for the
ministry of the church, having, among other
arduous studies, passed nine years in the
monastery of the Isle of Lerins, under the
teachings 01-*»t. Houoratus, and St. Maximus.
After leaving tiie monastery, boing then
thirty-eight years old,- he was sent to Rome by
St. Germain, where Pope St. Celestino re
ceived him with every mark ot kindness and
respect, and consecrated him Archbishop of
Ireland, bestowed on him the name ot Pa
trieius, and sent him, invested with nil apos
tolical authority, to preach the Gospel to the
people of Ireland. With him were sent
twenty priests and deacons, who were all to
officiate under his directions. All things
being ready, he set out for and arrived in
Ireland in the year 432. Here he met with a
great deal of opposition from certain people
iu the country who endeavored all they could
to stop his good work. Among his other
good works, he undertook the conversion of
his former master, with whom be had passed
seven years iu servitude. In this,however, he
was not fortunate, though his ministry met
with the greatest success, and many hun
dred converts were added to the Church
through his earnest efforts. His Ministration
w r as here supported by many miracles which
aro well attested by many of his biogra
phers.
Among others of his adventures, lie was
once sent for by Prince Feidblin, who was
angry and proposed to punish him; but Bt.
Patrick, tak>ng advantage of the interview,
laid before him in siich a forcible manner the
manifold beauties of the Christian faith, that
the prince was converted, and the good father
had the unspeakable pleasure of baptizing
the Prince himself, with the princess, Ids
wife, their son. and all the family; and the
Prince, in gratitude, gave to the Church all
the lands he possessed, and ever after lived a
most pious and exemplary life. Nor was
this by any means the only royal family J*#>
converted to the true path,—King Eana, after
hearing the preaching of the gospel, and
witnessing sqme miracles#performed by the
Saint, was convinced of the truth of* what
was told him, and he also was baptized, vyiflp
all who were ot his family. Prince Ono
Prince Eogan, and many others of royal blood
succjjmhed to the powerful ministrations of
the good and holy Saint.
In a short time St. Patrick had acquired
such n reputation for great smelly of life,
and power of preaching, that multitudes £>l
- him, and crowds came out to meet
him Irotn every- city cartown which he ap
proac hod, and many thousands were happily
converti?d from their paganism to the true
laith. He traversed the. entire island many
times, preaching and baptizing crowds of
people wherever he went.
Having, after the labor of years, establish
the true|Church in Ireland on a firm and 6olid
basis, and having ordained pastors for the
many Churches he had founded, St. Patrick
set out for Rome once more, to render unto
the then Pope Leo, an account of his ] onff
and successful ministry. He also desired to
consult the Pope on certain matters of doc
trine. He received the entire approval of
His Holiness, who was graciously pleased to
confer upon him the honor of the Pallium
and to give him the titleof Apostolic
Legate in Ireland, which office was to de
scend to all his successors.
Never was there a ministry more success
ful, and never one which secured to the true
faith more converts in the same length of
time. It was truly wonderful to noto the
zeal with which the new converts lent the ! r
aid to St. Patrick, and to observe how readily
having once become convinced of their religi
ous errors, they lent him their aid in breaking
down their temples, destroying their pagan
idols, and in striving to undo - their wrongful
ways, by assisting to erect in almost every
corner of the land, churches dedicated to the
worship of the ono true, living God.
Our limited space forbids us to give a more
extended account of the life and doings of
this eminent man and most holy Saint
though a more interesting biography cannot
be found than that of St Patrick.
He continued his good works till the day
of his death, which occurred in tho year 493
after he had attained the ripe age of 120 years'.
i.That his ministrations were the means of the
primary conversion to Christians of the
Irish of the early centuries, no one
has the hardihood to question. His life
was holy, his works were raerciftil,
his ministrations were blessed, and in
view of all that St. Patrick did for Ireland,
both by precept and his own pure example'
the children of the Green Isle could have
made no more glorious choice than when they
honored him and enoblod themselves by
choosing St. Patrick as the Patron Saint of
Erin, the Gem of the Sea.
It is to Saint Patrick that the Irish owe
their love of the Shamrock, for it was used
by him at one time as a most powerful and
admirable illustration. Preaching one day
to a large congregation, and desiring to il
lust rate the idea of the Trinity in Unity, In
a way so simple and so convincing, that no
one of his auditors could have a doubt of
his meaning, he stooped and plucked a sprig
of shamrock, (which is nearly akin to our
common clover,) end showed it to his hearers.
He cal fed on them to behold the three dis
tinct leaves, on one stem, and to note, that
though there were three leaves, there was
but one stem, and followed out the parallel
toy aaj ing that it was in a similar way that
the Son, the Father, and tho Holy Spirit,
though to a certain extent distinct individu
alities, were in reality one God. This happy
illustration took at once the romantic fancy
of his people—they comprehended this great
vital religious truth, and hundreds believed
and were baptized.
There is no true “Son of the Ould Sod” but
believes also that St. Patrick banished from
his favorite island all snakes and other rep
tiles. YYo are not aware that this miracle is
authenticated by any of the many biographers
ol the illustrious Saint, but certain it is that
Ireland enjoysan immunity from all such
vermin, which is accorded to but few favored
lands on the face of the whole earth.
Univeisally is Saint Patrick accepted and
honored as the patron of the Emerald Is
landers and wherever two or three of thoin
are gathered together, there is certain on his
natal day to be a jollification to the fullest
extent of their ability.
And in our city to-day tbe good old cus
toms are to be observed as Usual.
Sermons will be preached in the various
Catholic churches by the most eminent Cath
olic clergymen iu the vicinity, and the
Church services suitable to the occasion will
be celebrated with all proper ceremonies.—
These wilJ| wo believe, constitute the whplp
of the religious services. The various Hiber
nian Societies will celebrate the day in a fit
ting manner,according to their various rites,
and doubtless there will be no scarcity of
Sons of thelsle who will conttrive to celebrate
the glorious day in a manner, private perhaps,
but not the lees satisfactory to themselves.
In fact, we think we have an inkling of at
least one such anticipated littlo arrangement
which we have no doubt will prove eminent?
ly satisfactory to all concerned. To-morrow
we propose to giye ffill of tho cele
brations, whatever they may bo,
Military Visitors. Major Thomas, Chief
Q. M. at Hilton Head; Surgeon P. C.
Davis, Medical Purveyor; Capt. J. 11. Mars,
Chief Engineer, ancl Col. C. L. Kilburn,
Chief Commissary of Subsistence, arrived at
this city yesterday afternoon on a short bus
iness visit.
HOTEL ARRIVALS.
PULASKI HQUSE, MARCH 16.
Geo. W. Green, New London, Conn
H. M. Webster, Penn.
It. P. Gray, Hilton Hoad.
John Masson, Hilton Head.
Col. C. E. Puller, Boston, Maw.
J. L. Savage, Jacksonville, Fla.
Howard G. Cady, New York.
Juo. C. Alexander, Beaufort, S, 0.
C. L. KJlbnrn, Hilton Head.
J. S Lyon, U. S. A.
Stewart W. Taylor, A. A. G.
Shipping intelligence.
Arrlved-steamer Enoch Dean, Ballet, Hilton Hoad
steamer Nelly Baker, Norris, Hilton He.d
Clwed-stwmw Plant*, Small, Hilton Head,