The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-12-31
]. 5. 5-20'S

Tbs Secretary Of the Treasury has rot yet
given notice Of any intention 10 Wihdraw this popu
lar Loan from Sale al Par and rntil ten days notice
Is given, the undersigned, as General subserip-
ton Agent" will continna To supply the pubio.
The whole amount Of the Loan authorized is Five
Hundred MILLIONS Of Dollars. Nearly -Four Hun
dred Millions have been already subscribed
for ard paid into the Treasury. mostly within the
iastseyen months. Tie large demand from abroad,
and he rapidly increasing home demand for as
the basis for circulation BY National Banking Assoc
ate1s now organizing IN all parts Of the ooartrV will
ia very short period, absorb the balance. 4 = AYE
Iatsy ranged from ten TO sfeen raiiOzs weekly, fre
quenty exceeding threo millions daily and it well
known that tie Secretary CT the Treasury has ample
ana uofailing resources IN the Duties Imports and
Internal Eeyennes and IA the issue Of the Interest
bearing Legal Tender Treasur, Notes, it is almost
certainty that he viii not end IT necessary for long
time to come, to seek market for any other long or
permanent Loans, TIE INTEREST AND PRINCIPAL
OF WHICH AsEPAYABLE IN GOLD.
Pidence and self interest must force the minds Of
those contemplating the formation OFNational Bank
iag Associations well the minds Of al who have
ials money on their hands to the prompt conclusion
tha they should lose time in subscribing 70 this
most popular Loan. 1t will soon be beyond their
reach, and advance to a handsome premium, as was
the result with the sscyen- Thirty Loan when Il was
ell sold and could no longer be subscribed for at par
It is q Six per eeat. Loan, the Interest and
Principal payable in Com, thus yielding over
Hine per Cent. per Annum, at the present rate
Of premium On c5in-
The Government requires ali duties on imports 10
be paid In Coin these duties have for long time
past amounted 70 Quarter ola Million Of Dol
lars daily sum nearly three times greater than that
required in the payment OF the interest on all the
2Os and other permanent Loans. So that II s hoped
that the surplus CUn in the Treasury at no distant
day, will enable the United States to specie
Payments upon all liabilities.
Tie LOau IS called $40 from the fact that whilst the
Bonds may for 20 years, yet tho Government has
Alright to pay them or in God, at par, at any time
after years.
The Interest is paid half-yearly, viz on the
first days Of November and May.
Subscribers can have Coupon Eonds, which are pay
abio to bearer and $50 800, $500, and 81 900
Registered Bonds OF same Denominations and IN dbl
tor IS OCo and SO ,OOO For Banking purposes and
forinvestments Of Trust the Registered Bonds
are preferable.
These SAYS cannot be taxed by States, cities
towns or counties, and the Government tax on them
is only one AMI hall per cent. the amount Of in
come, when the iEcome Of the holder exceeds six
Hundred Dollars per annum all other investments,
such as income from Mortgages, Railroad stock, and
Bonds, etc. must pay from three to Ave per cent tax
the income.
Banks and Bankers throughout the country win con
tinue 70 dispose Of the Bon5s and ali orders by mail,
or otherwise, promptly attended to.
The Inconvenience of few days delay in the de-
livery Of the Bonds is Unavoidable the deFand being
30 great but interest conn from the day Of
subscription, no loss is occasoned and every effort
is being made 10 diminish the delay.
JAY COOKE,
SUBSCRIPTION AGENT,
ia SOUTH THIRD STREET, PHILADELPHIA