The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-12-22
I. :. 5-2O'S

The Secretary Of the Treasury has not yei
given notice any intention 70 withdraw this pogu-
lar Loan from Sale Par asd until ten days boiIcs
ia given, The underlined, ss General SubscriL-
ton Egs nt. will continue 70 supply the pablo.
The whole amount Of the Loan authorized Is Five
Hundred Millions Of Dollars. Nearly -Four Hun
dred Millions have bsea slresdy subscribed
FOR and paid into the Treasury, mostly within the
lastseyen months. TIE large demand from abroad,
aDdAhe rapidly increasing home demand for sss az
the basis for eircuton BY National Banking Associ-
Gtis6s organizing in al parts Of the country, wi
IN very short period absorb the balance Sales have
Iatey ranged nom ten 70 foon millions weekly, fire.
qaently exceeding three millions daily and as tits WI
known that tho Secretary Of the Treasury has ample
and ubsiiing IN the Duties On Imports and
Internal Revenues and in the issue OF the Interest
beari-g Legal Tender Treasury Notes, it is almost
certainty that he will not find It Necessary for long
time 10 come, to seek market for any other long or
permanent Loans, THE INTEREST AND PRINCIPAL
OF WHICH AREPAYABLE IN GOLD
Prudence and self interest must force the minds Of
those contemplating tbs formation ofNational Bank
ing Associations as well as the minds of al who have
idle mOney On their hands, TO the prompt conclusion
that thsy should lose time In subscribing TO this
most populir Loan. 1t viii SOON be beyond their
reach, and advance to handsome premium, as was
the result with the Thirty Loan, )" hen Il was
all sold and could no longer te subscribed for par
It is Six per cent. Loan, the Intere.t and
Principal payable in Com, thus yielding over
Nine per Cent per Annun, at The prestnt rate
o. premium e5IR.
Tbs Government requires al duties on imports to
be paid IN Coin these duties have for hong lime
past amounted 70 over Quarter Of Million OF Dob
lars daily nearly three times greater shan that
required In the payment OF the interest all the
2Os and other permanent Loans. So that Il hoped
that the surplus Coln Ia the Treasury, at distant
day Will enabis the United States TO res ume specie
payments upon al, liabilities.
Tie Loaf is eAllej $40 ron the fact that whilst the
Bonds mly for % years, yet tho Government has
Arisht to pay them OF in God at par, at any time
AteT years.
The late rest Is paid hslfyearly, viz on the
frat days ofNovember and MAJ.
Subscribers can have CUupon Ponds, which are pay.
abe to bearer and are $50 slOo $780, and 81 900 or
Registered Bonds o. denominatons and in dol
tior, IS DO and $40 co., FOR Banking purposes, and
fornTestnsnts Of Trust the Registered Bonds
are preferable.
These So Is cannot be taxed by states, cities
towns counties, and the Government tar on them
Is only ami half per cent the amount OF In
como, when the income Of the holder excerds Six
Hundred Dollars per annum; all other investments,
such as income from Mortgages, Railroad Stocs and
Bonds etc. must pay from three tc I've per c, ut tax
on the income.
Banks and Bankers throughout the country win con
tnue to dispose OF the Bonds and ali orders by mail
or otherwise, promptly attended TO.
The inconvsnencs of few days delsy in tbs de-
livery of the Bonds is unavoidable, The demand being
great bat as iaterest commences from the day Of
subscription, loss IL Occasoued and every e90lt
Is being made Ia diminish the delay.
JAY COOKE,
SUBSCRIPTION AGENT,
ia SOUTH THIRD STREET, PHILADELPHIA.
PhlA6s'phls, Novsmter IS 1853
darlA-1m-a