The Buchanan County guardian. (Independence, Buchanan County, Iowa) 1858-1864, 1863-12-15
II. S. 5-2O's.

The Secretary of the Treasury has not yet
given notice of any intention to withdraw this
popular Loan for Sale at Par, and until ten
days notice is given, the undersigned, ar
" General Subscription Agent" will continue
to supply the public.
The whole amount of the Loan authorized
10 Five Hundred Millions of Dollars. Nearly
Four Hundred Millions have been already sub.
scribed for and paid into the Treasury, most
y within the last seven months. The large
demand from abroad, and the rapidly .iucreas-
ing home demand for use rs the basis for cir.
culation by National Banking Associations
now organizing in all parts Of the country,
will, in very short PERIOD absorb the balance.
Sales have lately ranged from ten to fifteen
millions weekly, frequently exceeding three
millions daily, and as it is well known that
the Secretary of the Treasury has ample and
unfailing resources in the Duties on Imports
and Internal Revenues, and in the issue OF tho
Interest bearing Legal Tend Treasury Notes,
it is almost certainty that he will find it ncc-
essary, for a long time to come, to seek mar
ket for any otherlong. or permanent Loans, the
Interest and principal of which are pay able in
GOLD. .G5tE4g as sNT ago
Prudence and self interest m ct force the
minds of those contemplating the formation of
National Banking Associations, as we'll as the
minds of all who have idle money on their
MINUS, W 1hc pToHlpb. CONCLUSION That thew
should lose no time in subscribing to this most
popular Loan. 1t will soon be beyond their
reach, and advance to q handsome premium.
as was the result with the " Seven Thirty"
Loan, when 1T was all sold and could no long.
er be subscribed for at par.
tits Six per Cent Loan the Interest and
Principal payable in Coin, thus yielding over
Nine per Gent. per annum at the present rate
OF premium on coin.
Go,,a ~
ports to be paid in Coin these duties have for
a long time past amounted to over q Quarter
OF Million of Dollars daily,a sum nearly three
time greater than than required in the pay
ment of the interest on all the 52O's and other
permanent Loans. So that it is hoped that
the surplus Coin in the Treasury, at no dis.
tant day, will enable the United States to re,
sumo specie payments upon all liabilities. ~
The Loan is called $50 from the fact that
whilst the Bonds may run 30 years. vet the
Government has right topay them off in Gold
at par, at any time after years. ~ $50
The interestis 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 81 900 Oh Registered Bonds of same de
nominations, and in addition, $4,000 and $l0,.
O00. For Banking purposes and for invest
ments of Trust-monies the Registered Bonds
are preferable. .EAs 3&HF w 81
| These 5-2J'ssornnot be taxed by States, ci-
ties, towns or counties, and the Governments
tax on them IS only ~ per cent. on the amount
OF income, when the income of the holder ex-
ceeds Six Hundred dollars per annum all 9th
er investments, such as income from Mortga.
ges, Railroad Stock and Bonds, etc, must pay
from three TO Ave per cent tax on the income
] Banks and Bankers throughout the Con ntry
will continue to dispose of Bonds and all or
ders by mail, or otherwise, promptly attended
to. -.T 1.a-
! The inconven ience of few days delay in
the delivery ut the Bonds is unavoidable. the
demand being,so grtat but as interest COM
mences fpmf,hc day of subscription. no loss is
oecasioned. and every effort is being made to
DIM nsh the delay.
/ Bonds furnished ri rN for n Y. Exchange
OF TreasMss netes by Dubuque Branch State
/ Bank Of Iowa
pee. Is, 1863. t3S-3w