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The Daily Dispatch: July 27, 1861., [Electronic resource], article 27 (search)
and to report to this Convention, the character of post notes which they deem it advisable for the Government to issue, and the amount which may be safely put into circulation; and to inquire, further, as to the propriety of controlling, by advances on produce, the cotton crop and other produce not perishable, in case the blockade shall not be raised, and to submit a plan for the same in its principal bearings, that the sense of this Convention may be known to the Government. By Mr. W. T. Sutherlin-- Resolved, That, in the opinion of this Convention, the most effective and ready resources of the Confederate States, in its present emergency, consists in the issue of Treasury notes, a large proportion of which, in the opinion of this Convention, should bear interest at the rate of not less than five per cent. per annum. Resolved, That any interference, on the part of this Convention, with the present regulations of receiving and paying out the paper circulation of the Co