Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1863-12-10
u. 3. 5.2O's.

THE SECRETARY OF THE TREASURY
has not yet given notice of any intentions r.
withdraw his popular Loan from Sale At Par, and
until ten days notice 10 given, the undersigned, q
"GsSsRaL sUBs oRiPrioH Aossr," will continue t.
The whole amount of the Loan authorized Is Five
Hundred Millions of Dollars. Nearly Eous
Hu"ds ed billions have been already sube
| scrib.d for asd paid into the reasnsy,
mostly within the last months The large DE-.
mund from abroad, and the rapid increa ing hom.
demand or rs the ba .is OF circulation BY Ma.
tional BANKING Associat ions now CRAWLING in I'll
srte OF the luntry, will, In a very short period
| absUrb the balance. eaies have lately ranged rom
ten to fifteen m'!lions per week. frequently exceed
iax hree millions daily, and as i. is well Known 'ha.
the secretary of tie Treasury has am ole and nm.
failing resourc in Dnti.s ON Imports and Inter.
nal Re. and Ia the ssue Of the Inter, 1t en-
will bet fud 1t NC essary for long time to come,
to GEEK market for other long or permanent Lonrs
TnE Interest AND PRINCIPAL OF
HIGH ARE PAYABLE IN GoLD.
Prudence ami aelf interest mnst force the minds
OF all tho.e con,em lalrg he fJ' mat,ou Of Nation
Bapk ns Associa tone, a. = eli the mipss of q
conc usion that thug should loso Id N IN sun
ecrlbny to his mcss popu In. L. m. l. vii, room be
beyond their Teach and advance to ha,Idserne pfc.
mum, as was the rosa of Tho" sayen Thirty /"
Loan. when WINS al sold aid could no lol ger be
subscr ed for at par.
Ii II TX per Cent Loan, the Interest
amd prime, pai pay N bic i~ Coto. thus y Id.
lux over Name per Cent per annnm ut the
pre-enl rate OF prem am On CON.
The Government requires al duties on imports to
be paid IA Com these dutiee have for ion tim.
psst amounted to a Quarter OF Million Of Uoliars
daily a sum nearly three tirnee greater than that
requ red n the pay ment Of the interest all the
.O's and other permanent LCnns 30 that II IL
hoped that the surplus Coin in the Treasury At no
distant day. vii enable the United States TO resume
specie pa> mepts W Oh all liabilities
The Lean 10 called $40 from the fact that whilst
the Bonds may run 20 ytars Jet the Government
hoe right to pay tbs m off in God at par, ut on,
time after years.
The Interest 10 paid haley early, viz: on
the fret days Of November and May.
Sub. cTlbeIs Can have Coupon Bon do, which are
payable to bear r aud are 500 $780, $500 ans 81 600
or Registered Bonds Of the same ,nominaiio ana
in addl ion, IS 600 ard 40 000 For Banknx pur-
poses and for Investments OF rrust.monies the Reg.
isiercd Bonds p, eferabie.
These eos cannot be taxed by States, ctie stowns
or Counties ard the Government tax on them Is
only On..and chat yer cont. on the amount Of in.
come. when the income of the ho,d-r exceeds / tx
hundred Dollars per nnnum; all other inves ents
such incou from MOrtg sges, Railroad STOCK and
Bonds, ETC., mus. pay from three to five cents tex
the income.
Banks and Bankers thr oughout the Country will
mail, or othe rwise. promptly attended TO.
Tho Inconvenience Of o few days delay in the de
livery of the Bonds 10 unavoidable. the demand be.
ing great but as interest commences from the
day Of subecrption loss 10 d. and every
effort II being made TO diminish the delay.
JAY COUKE,
SUBSCRIPTIONS AGENT,
1l4sOUTH THIRD STREET, PHILADELPHIA
Philadelphia, Nov. 70. 1858.
The STATE BANK CT Iowa, MERoHAsrs DaAHoH,
acts as osrrs for the sale Of these Bonds.
decs d. Wv