The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1863-12-18
l. S. So O. S.

-. - " %.
The Secretary ofthe Treasury has not We;
given notice of anv intention TO withdraw this
popular Loan from Sale at Par. anG until after
ten davs' notice has been given the underSlgn ed
as Agents for the Sale of the Bonds. Will
cOntinu" TO supply the public
The whole amount Of the Lean authorized Is
Five Hundred Millions of Dollars Nearly
Four Hundred Millions have been already
subscribed for and paid into the Trea>u.
~. mostly within the last seven months The
large demand from abroad, and the rapidly IN
creasing home demand for use as the basis for
circulation by National Banking Associations,
now organizing in all parts of the country, will
in a very short period, absorb the balance Sales
have lately ranged from ten 10 fifteen millions
weekly. frequently exceeding three millions daily,
and as il Is well known that the Secretary Of the
Treasury has ample and unfailng resources IN
the Duties and Imports and Internal Revenues,
and in the issue of the Interest Bearing Legal
Tender Treasury Notes. il Is almost certainly
that he Will not find il necessary, for long time
to come, TO seek market for sny other long 81
permanent Loans. THE INTEREST AND
PRINCIPAL OF WHICH ARE PAYABLE IN
GOLD.
Prudence and self interest must force the minds
of those contemplating the formation Of National
Banking Associations, vel. as the minds Of al
who have idle money on their hands, 10 the
prompt conclusion that they should lose no time
in subscribing TO this most popular Loan II vii
soon be beyond their reach and advance 10 a
handsome premium. as the result with The
Seven Thirty Loan, when IL vas ali sold II
could no longer be subscribed for al par
Ii is Six per Cent Loan, the Interest and
Principal PAYABLE in Coin. thus Welding over
Nine per Cent per annum Al the present rate OF
premium on coin
INN
to he paid in Coin; these duties have for long
time past amounted TO over
Quarter of Million of Dollars daily,
a nearly three times greater than that r. qnir-
ed In the payment of the interest an all the 52O
andother permi nent Loans. 80 that il Is hoped
that the surplus Coin in the TREASURY al no dis
tant day, will enable the United tates 10 resume
specie payments upon all liabilities
The Loan is called STU from :he fact that while
the Bonds NAV run for 20 years. yet the Govern
ment has a right to pay them off in Gold, AZ par,
al any time after years
The Interest L. paid half.yeaTly. VIZ on
I he first days of Nov and Nav.
Subscribers can have Coupon Bonds. which are
nayabe 10 bearer, and sIe so. Slco. $500. 81 =
OU6 or Registered Bonds of same denominations,
and in add; on, q; 90 and SlO,e0o. For Bank
ing purposes and for Investments of Trust-monies,
the Registered Bonds are preferable
These 0-ZD cannot DC taxed oy States, Sites'
Towns, or Counties. and the government tax on
them is only one and half per cent, on the a
mount ofincome, when the income Of the holder
exceeds Six Hundred Dollars per annum; ali
other investments. such as income from Mort
cages, railroad Stcck and Bonds, etc, must pay
{ from rhree to five per cent tax on the income.
Banks and Bankers throughout the country Will
continue I, dispose of the Bonds; and all orders
sent 10 Us direci by mail, or otherwise, will DC
promptly attended to.
The inconvenience of few days delay in the
delivery of the Bonds is at times unavoidable the
demand being so great; but as interest commen-
css from the day of subscription, nc loss 10 coca
stoned and every effort is being made 70 deliver
the Bonds as promptly as possiols.