The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1863-12-24
|, ). $50 ).

The Secretary OF TIE Trcas'l-v has
not yet given not'ce OF any lnteaH II 20 With
draw this popular loan from SAFE AZ Par
aud until ter; 4, = noisc j. gwen. tn. ,,.lcs
eichel, a. GENERAL SUBSCRIPTIONS AGENT,a
will continue to supply the public.
Ths Whole amount Of he Loan authorized is
Five Hundred Millions Of Dollars .Iear'p
-Four Hundred Milton. here ben already sub
s-..ibed.tor and pad INTO The Treasury, mostly
within the last seven months. The large de-
mani f. N broad and the rapid. increasin.
home d,I for use as The basis f,r circuits
ton BY National Banking associations now
organizing in a,l parts Of the country, will,
in q very short period absorb the balance
Sales have lately ranged from ten to fifteen
M lions weekly. frequently exceeding three
millions daily, and as It is well known ,hat
the Secretary 81 the Treasury has ample and
unfs;ling REQUIRES in the Duties On Imports
and Internal Revenues and in tie issue Of
the Interes, bearing Legal Tender Treasury
Sotes, 1t is almost a certainty that he will
not find it necessary, for long time 10 come
to seek market for any other long or perma
nent Loans, THE INTEREST AND FRINGE
PAL. OF WHICH ARE PAYABLE In GoIp
Prudence and self Interest must force the
minds Of those contemplating the formation
Of National Banking Associ tions, ~ we'll
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 the "Sercn
Thirty" Loan, when it WAS all sold and could
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
arannun 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 to over Guar
! ter CT = Million Of Dollars daily, sum nearly
three times greater than that required in the
payment Of the interest on all the o-20s and
other permanent Loans. So that it is hoped
that 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 &c from the fact that
| whilst the Bonds may run for 20 years yet
the Government has right to pay them of in
| Gold at par, at any time alter years.
The interest is paid half yearly,
! viz on'the first day of November and May
Subscribers can have Cupon Bonds, which
are payable to bearer, aud arc so, 500, 5000
and $1,000, or Registered Bonds Of same de.
I NOmlO0tlSuS OHu III Nuaitiofs, Vooco1 1"s
$4,000, For Banking purposes and for in.
vesnents Of Trust monies the Registered
Bonds ar, preferable
These 5,2o's cannot be taxed by States, cit
ses, to xns or counties, AMI the Government
tax on them is only one ard half per cent,
! on the am ouut Of income, when the Income OF
the holder exceeds Six Hundred dollars per-
annum all other investments, such az IN
come from Mortgages Railroad Stock and
Bonds, &c, must pay from three 70 five pei
csntstax Oh the income
Banksana Blnkers throughout the Coun.
try vii continue TO dispose Of the Bonds
and all orders By mail or otherwise promptly
attende Ito
The Inconvenience Of a few days delay i
the aelyeoy Of the Bonds is unavoidable, tn
demand being 50 great; but ~ interest com
merces from the day Of subscription, no los
8 oceasioned. sad every eisoat IS being mad
Q dimiuish the delay.
JAY COOKE,
SUBSCRIPTION AGENT
Ill South Third Street, Philadelphia, Pa.
] rAi.a lelphi,, November %, 1862, yoaooln