The Cass County Republican. [volume] (Dowagiac, Mich.) 18??-1880, 1863-12-24
IT, s.. sos

a e-rr - -.
The Secretary of the Treasury has not yet
given notice of any intention TO Withdraw this pop
ular Loan from Sales at Par, and until ten days
notice is given, the undersigned, as IS General
Subscription Agents. will continne to supply.
the public ~ ~. -. s. :. - ~ B.
The whole amount of the Loan authotized is
Five Hundred Millions of Dollars Nearly Pour
Husaadrsd Millions hare been already subscribed
for and paid into the Treasury. mostly within
the last seven months The large demand from.
abroad and the rapidly increasing home demand
for use as the basis for circulation by National
Banking Associations, organizing in all parts OF
the country, will. in a very short period, absorb
the balances. Sales have lately ranged from ten
to fifteen millions weekly, frequently exceeding
three millions daily, and it is we'll known that the
Secretary of the Treasury has ample and unfailing
resources in the Duties on imports aud Internal
Revenues, and in the issue of the Interest bearing
Legal Tender Treasury Notes, it is almostja GER
tainty that he will not find it necessary, for dong
time to come, to seek market for any ether long or
permanent Loans. THE INTEREST AND. PRIN-
CIPAL OF WHICH ARE PAYABL in e OLD.
Prudence and self interest must force the minds
of those contemplating the formation of National
Banking Associations, as we'll as the mipds of all
who have idle money on their hands, TO the prompt
conclusion that they should lose no time III SUBJ
scribing to this most popular Loan. 1t will soon
be beyond their reach, and advance to handsome
premium. as was the result with tire gssSevep
Thirty, Loan, when it was all sold and could no
longer be subscribed for at par. Y8 < A.ak Z
1t Sir per Cent Loan, The zuterxst and Pr;i,,-
eipal Payable IN Coin thus yielding oper Nine pei.
Cent Per qanuns at the present rates of premium
on coin. ~ ss@iaaw ,zse sdi g fn9Ds3.'i sist1'9
The Government requires all duties on imports
to be paid in Coin; these duties have for long
time past amountedt TO over Quarter of a Nj Lion
Dollars daily. a sum nearly three times greater
than that required in the payment Of the Interest
on all the 5=2o's and other permanent Loans. SO
that it is hoped that the surplus Coin in the
Treasury, at no distant day. viii enable the United
States to resume specie payments upon all liza
bllities. -.-.-f !
The Loan is called 5-2o from the fact that whilst
the Bonds may run for 20 years yet the Govern
ment has right to pay them off in Gold at par, at
any time after 5years. 1esT ESss sla-te 1eHf
TIE INTEREST Is PAID HALF-YEARLY,
viz: on The first days of November and May {
Subscribers can have Coupon Bonds, which are
payable to bearer, and are $50, 500, $500 and
$1,000: or Registered Bonds of same denomina-
tions and in addition, SIS 600. and $40 Ooo.i For
Banking purposes and for investments of 'Prust-
monies the Registered Bonds are preferable.
These 520's cannot be ia xed by States, cities,
towns, counties, and the Government tax on
them is only one-anda-half per cent, on the
amount OF income, when the income of the holder
exceeds Six Hundred Dollars per AMMAN all 9th.
er investments, such as income from Mortgages
Railroad Stock and Bonds, etc, must pay from
three to five per cent tax on the income. .fi.a
Banks and Bankers throughout the Country will
continue TO dispose of the Bonds and all orders
/ by mail, or otherwise, promptly attended to.
! The Inconvenience of few days delay in the
/ delivery of the Bonds are unavoidable, the de
nlaEd being great but as interest commences
from the day of subscription. no loss is occasioned
and every effort is being made to diminish the
DELAY -t-l D. SO s. "a