The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1861-09-14

Secfesafy Chase'S Appeal 10 the People,
To The Citizens of the United States ~ 3ss
Your National Governments, compelled by
guilty conspiracy, eliminating in csuseess insur-
rection, is engaged in War for the security Of
Liberty, for the sup enacy of Law, fer the de-
fence of Union, md for the maintenance of
Popular Institutions. For means to defray the
necessary expenses of this War, your Congress
has directed that an appeal be made to you, by
opening a subscription to National Loan OF
One Hundred and Fifty Miilicns of Dollars
Already the enlightened and patriotic capital.
its of the great cities Of New York, Boston and
Philadelphia have u.,nitested their clear sense
both Of duty and i-serest, by the subscription
OF Fifty Millions of dollars. B5tetl q.l5 Il
The Act Ct Congress under which this SUBJ
scription was received wisely provides, how
ever that the advantages as well as the patriotic
satisfacsion Of participation in this Loan, shall
be offered, not the capitalists Of the great
cities only. but to the people Of the whole
country. ,.7 7asl 1o a 3 3f So
In Otuer to secure q substantial reward for
their ppblic spirit to those whose patriotism
pronsF Is them, in this hour Of trial, to place
theis. means at the disposal Of the Government,
Congress has directed that an interest of seven
and three tenths per centum be paid on the sew
eral amounts subscribed; an interest not liable
TO State taxaion, but constituting for the sub.
scribers q revenue, not only certain in receipt,
but greater in amount than can be expected
rom any ordinary investment
And, in order to afford to all citizens equal
opportunities Of participation in the advantages,
Congress has further directed that subscriptions
be received for sums as iall as & ty dollars, as
well as for larger amounts; and that, should the
subscriptions exceed the whole sum d sired, the
smaller be preferred in the distribution s'E
Each subscriber, on payment OF his subscrip-
ton, will be entitled to receive Treasury notes
Of equal amoNntgin such determinations as he
may prefer, whether Fifty, one hundred, FIVE hum
dred, one thousand, or i've thousand dollars.
The interest, At 10 per annum will be, on
the notes of fifty dollars, one cent on one hum
dred dollars, two cents on five hunnred dollars,
ten cents; on one thousand dollars, twenty
cents; on I've thousand dollars, one dollar each
day..e sah "a % aoi27'p 2" -" Ha'e@ ''a3Sl'3
All Treasury notes issued will bear date on,
the 10th Of August, 1861, and will carry inter.
est from that date. Each note will have cou
pons attached expressing the several amounts Of
semi-annunl interest which coupons may be de.
tached from the note and presented for payment
separately. aai;,es I1i7aiTp9e SIT 'oas u
Each subscriber may pay the whole amount
subscribed at the time Of subscription, or, ii he
prefers to do 90, may pay one.tenth ut that time
| and one third every twentieth day thereafter
AZ each payment, tho accrued interest on the
amount from the l9sh Of August to the date Of
payment, must also be paid and the ,amoun,s
Of interest thus paid will be reimbursed in the
payment oi the first coupon. =. ,...si 5''i'7534' 9
,ln order to secure, beyond peradventurs, the
1 punctusl payment Of interest ana the gradus
reduction Of the principal, Congress has provided
! bylaw for an annual revenue amply suficien,
not only tor these purposes, but tor promp
payment OF all demands on account of ofdinar,
expenditures. --~------,---
It will be seen at glance, thatnot only ID tn,
whole property Of the country pledged tor iii