Civilian & telegraph. [volume] (Cumberland, Md.) 1859-1875, 1863-12-24
D. 5. { EOS.

THE SECRETARY OF THE TREAsUR
i has not vet given notice of any intention
to withdraw this popular Loan rom Saie AZ "r
and until ten days no icei given, inc unuer =
signed, as GENERAL SuBSChlPIlo
AGENT" will continue 10 supply tHe pubic;
Tn whole amount of the Loan autnofiECu
is Five Hundred Million of Dollars. Nearly
Eonr uupdrnd Millions have been already
subscribed for and paid into the treasury
mostly within the last seven months. ne
large demand from abroad, ana inc rapi"ty IN
creasing home demand for use us INC o"sls 40 /
circulation by National Banking hSsoc'"uohs
now organizing in all parts oil me country
viii, in very short period, absorb 'ne o"'""cc'
Sales have lately nged from ten to hiteen mill
lions weekly, Frequently exceeding three mil
lions daily and as it is we'll known that tho
Secretary of the Treasury has ample ana IN :.
failing resources in the Duties on imports an"
Internal Revenues, and in the issue OF the In
tcrcst bearing Legal Tender Treasury Notes,
it is almost n certainty that he VIII NOT "no 1t
necessary for long time to come l" SICK
market for any otncr long or permanent Loans :,
TIE INTEREST AND PRINCIPAL of
WHICH ARE PAYABLE IN GOLD.
Prudence and self interest must force the
minds of those contemplating the FORMATION OIL
National Banking Associations, as well as inc
minds of all who have idle money on tneir
hands, to the prompt conclusion that 'hey
popular Loan. 1t will soon DO beyond tholr
reach, and advance to handsome premium
! as vas the result with the Seven thirty
Loan. when it was alfsod and could no longer
be subscribed for at par.
IT IS A SIX PER CENT LOAN, TIE IN
TEREST AND PRINCIPAL PAYABLE ~
COIN, THUS YIELDING OVLR NINE PEK
CENT. PER ANNUM at the present rate OF
premium on coin.
The Government requires all duties on I'm
ports.to be paid in Coin; these duties have for
long time past amounted toover Quarter OF
a Million Of Dollars daily, sum nearly three
times greater than that required in the pay
ment of the interest on all the 5-20's and other
permanent Loans. SO that it is hoped that the
surplus coin in the Treasury, ut no distant day,
will enable the United States to resume specie
payments upon all liabilities.
The Loan is called so from the TACT that
whilst the Bonds may run for 20 years yet the
Government has a right to pay them off in
Gold at par, at any time after years.
THE INTER EST Is PAID HALF-YEAR-
LY, viz: on the first days of November and
May
Subscribers can have Coupon Bonds, which
are payable to bearer, anu are $50. 81 zoos 90,
and Si000 or Registered londs of same de-
nominations, and in addition, $4,000 and SO,
goo. For Banking purposes and for invest
mcnts of Trust monies the Registered Bonds
are preferable.
These 5 POS cannot be taxed by States, cit
les. towns or counties, and the Government tax
on them is only one aud a.halt per cent, on
tn" amour. of income, when the inc"m" of the
holder exceeds 5000 per annuln ; all ether in
vestmcnts, such income from Mortgage.
Railroad Stock and Bonds, etc, must pay from
three TO five per cent tax on the income.
Banks and Bankers throughout the Country
will continue to lisnosc of the Bonds and all
orders by mail or otherwise, promptly attCn-