The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-12-30
]. :. 5-2O'S

The Secretary Of the Treasury has pot Jet
given notice Of any intention 70 withdraw ths popu-
lar Loan from Sale a Par and until len dayE notice
is given, Che Undersigned, as General snbscrip-
tion Agent" VIII continss 70 saPply fhe pubic.
The whole amount Of ibs Loan authorized il Five
Hundred MILLIONS q Dollars. Nearly -Four Hun
dTed Millions have been already subscribed
f5r and paid into the Treasury. mostly within the
LASS seven months. The large demand from abroad,
andfbe rapidly Increasing home demasd Cor use -
TIE basis Tor circulation ~ Eaioua Banking Associ
atisusn organizing in ali parts q the country WILL
10 very short period, absorb the balance Sales have
lately ranged from ten 70 fflsen millions weekly, fire.
quently exceeding three millions daily and 1t is ws
known that the Secretary Of the Treasury has ample
and uhiaHBg resources in the Duties on Imports and
Internal Rcvenues, and in the Issue Of The Interest
bsarieg legal Tender Treasury Notes, Il is aInaost
certainty that be viz not find II Necessary, for long
time % come, % seek market for any other long or
permsnent Loans, TaE INTEREST AND PRINCIPAL
OF WHICH AsEPAYABLE IN GOLD.
Prudence asd selfinteTest must force the minds Of
thosecQntempIating NE formation Of NationAl Bank
ing Associations as we'll as the mints Of aiwho have
idie money their hands, 70 the prompt conclusion
thai they should Iose no lime in subscribing TO this
nost popuias lean II VIII soon be- beyond their
reach, and advance 70 handsome premium, as was
the result with the Thirty Loan, when IL was
al sold and could no longer be subscribed for at par
II Six per cent. loan, the Interest and
Principal payable in Gem, thus yielding over
Nine per Cent. per Annum, Al the present rate
Of premium coin.
The Government requires all duties on imports to
be paid in Coins theee duties have for long time
past amounted to over Quarter Of Million OF Del
lars daily, Asum nearly hTee times greater than that
required In the payment OF The interest en- all ee
2Os and other permanent Loans So that Is hoped
that the Surplus Ceia IN ahs Trsasury at no Distant
day, will enable the United States to res ums specie
payments upon all liabilities.
The Loau Is called $40 from the fact that what The
Bonds may for 20 years. yet the Government has
Alright to pay them or in God, at par, at any time
aner years.
The Interest is paid half-yearly y, viz on the
hrst days Of November and Nay
Subscribers can have Coupon Bonds, which are pay.
able to bearer and sre $50 $780, $780, and 81 900 or
Registered Bonds OF saae denominations and in dd-
tor, IS yOo0 and $40 oO9 For Banking purposes, and
forinFestments Of Trus money the Registered Bonds
are preferable.
towns or counties, and the Government tax on them
is only and half per cent. on the amount Of in
come, when the income Of the holder exceeds six
Hundred Dollars per annumi an ether investments,
sach as income from Mortgages, Railroad Stock, and
Bonda, etc, must pay from three to Eve per cent tax
on the income.
Banks and Bankers throughout the country win con
tnue TO dispose OF the Bonds and all orders by NAIL
or otherwise, promptly attended to.
The Inconvenience OF few days delay In the do
livery Of the Bonds is unavoidable, The demand being
80 great but as interest Commences from the day Of
subserptiOn loss Is oceAsioned, and every effort
Is being made to diminish the delay.
JAY COOKE,
SUBSCRIPTION AgENT,
ia SOUTH THIRD STREET, PHILADELPHIA.
Philadelphia. November IS 1863.
dec1O-im-s