Savannah daily herald. (Savannah, Ga.) 1865-1866, March 17, 1865, Image 2

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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,