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The Daily Dispatch: January 17, 1863., [Electronic resource], The second siege of Vicksburg. (search)
l States of the Confederacy to unite in a joint guarantee of the debt of the Confederate States now existing, or hereafter to be incurred, excepting from such guarantee all Treasury notes, stock, and bons heretofore issued. Mr. Baldwin, of Virginia, introduced a bill proposing to compel the funding the outstanding debt of the Confederate States by the 1st day of June 1863, by making Treasury notes fund able in bonds at the following rates of interest: Until the 1st day of July, 1863. at six per cent a year; until 1st day of August, 1863, at five per cent, per annum; until the 1st day of September, 1863. at four per cent; until the 1st day of October, 1863., at three per cent; until the 1st day of November, 1863, at two per cent; and until the first day of December, 1863. at one per cent. Mr. Baldwin addressed the House at some length in support of this proposition, and at the conclusion of his remarks the House, on motion of Mr. Dargan, adjourned till 12 o'clock to morrow.