July 28, 1861 – What Planters Should Do With the Coming Cotton Crop
As the time is fast approaching when the new cotton crop will be ready for market, we would say a word about the matter to southern planters. The probability is that the Confederate Government will pursue the policy of which we have been the constant advocate in common with several contemporaries—to-wit : Purchase the entire crop so as to exercise exclusive control over it, paying for it in Government bonds and Treasury notes. A resolution to this effect has, in fact, already been introduced into Congress snd referred to an appropriate committee for action.