The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1863-12-17
/ {, I I (i|I|'!(I,

'.a Secretary oftle Treasury has
~, yet gisea natsc q any Intention 10 wiih
ttrss~ this popular luaa from Sale NJ Par
riai uttil ten DIS notice is given, the under
s'faesi, as GENERAL SUBSCRIPTION AGENT,
will continue 70 supply the public
iEe Stole amonn. Of the Loan authorized is
Five Hundred Millions Of Dollars Nearly
fuar Hundred Millions hare teln Gifcadl sub
SERTED Tor AMI pal ,4to he Treasury. mostly
within the last seven months. The large de-
mand from abroad and the rapidly increasing
home d,mand for use as the basis for circula-
tion by National Banking associations now
organizing in all parts Of the country, will,
in very short period, absorb the balance
Sa'es have lately ranged from ten to fifteen
II, lions weekly, frequently exceeding three
millions daily, and AS il is well known that
The Sc rotary 81 the Treasury has ample AMI
unfaiiing rccource5 in the Duties On Imports
and Internal Revenues and in the issue Of
the Interest bearing Legal Tender Treasury
Notes, II is almost certainty that he will
not find it necessary, for Tong time to come
TO seek a Marke, for any other Tong or rerma
nent Loans, THE INTEREST AND PRINCE
PAL OF WHICH ARE PAYABLE IN GOLD
Prudence and self Intcsest mast force the
minds Of those contemplating the formation
Of National Banking Assoc tons, MS well
rs the minds of all who have idle money on
their hands, to the promt conclusion that they
should lose no time in subscribing to this
most popular Loan. 1t will soon be beyond
their reach, and advance to handsome pre-
MUM, as was the result with tho "Seven
Thirty" Loan, when it was all sold and coul
no longer be subscribed for at par.
It's Six per Cent Loan, the In
terest and Principal payable in
Coin, thus yielding Nine per cent.
NnSrN M hn rG
ON coin.
The Government requires all duties on I'M
ports to be paid in Coin these duties have
for long time past amounted to over Quar-
ter CT n Million Of Dollars daily, sum nearly
three times greater than that re.luired in the
payment Of the interest on all the 5-2Os and
other permanent Loans. SO that it is hoped
shat the surplus Coin in the Treasury at no
distant day, will enable the United States to
resume specie payments upon all liabilities
The Loan is called 5-2c from the fact that
whilst the Bonds may run for 20 years yet
the Government has right to pay them Off in
Gold at par, at any time alter years.
The Interest is paid half yearly,
viz on the first day of November md May
Subscribers can have Cupon Bonds, which
are payable TO bearer, aud are $50, 500, $500
and 5000, or Registered Bonds of same de.
nominations, and in addition. $4,000, and
$4,000, For Banking purposes and for in.
vestments Of Trust monies the Registered
Bonds ars preferable
Thcss 5,2os cannot be taxed by States, cit
res, to vn. or counties, AMI the Government
tax on them is only one ard u half per cent
on the nauut Of income when the income o
the hol Ter exceeds SIX Hundred doll YRS per
annum all other investments, such us in
come from Mortgages, Railroad Stock aud
Eonds,cc must ray from three 10 five be
cent tax the Income
Ranksal D,ukers thron shont the C6un
try viii continue 10 dispose Of the Bonds
and n orders BY mail or otherwise prompt,
attenle 10.
The Inconvenience Of 4 few days delay il
thr delircoy Of the Bonds is unavoidable, III
demand bong sogreat; but ns interest com
'nerccs ram the day of subscription, no los
il occasioncd, snl every eiroat il being mad
t. diminish the delay.
JAY COOKE,
SUBSCRIPTION AGENT
ia South Third Street, Philadelphia. IA.
Philadelphia, November %, 1862 v5n5olr