The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-12-27
I. !. 5-2O'S

Ths sesretary Of the Treasury has rot jet
EiFen notice ofany intention withdraw this popu
lar Loan from Sale at Par and until ten days notice
IL given, The undersigned, ss General Subscrip-
ton Agent" VIII continue to supply the pablo.
The whole amount OF the Loan authorized Is Five
Hundred Millions Of Dollars. Nearly -Four Hun
dred Millions have been already subscribed
for and paid inte the Treasury, mostly within the
IsstseTen months. TIE large demand from abroad,
and.t rsPidly increasing home demand for use -
ths basis for eiroulasOs By National BANKING Assoc
sisrs now organising IN ali parts Of the country wIn
10 very short period sbsoFb ths balance sales have
lately ranged from ten 70 nfseen millions weekly FREE
quAntly ezoeedlng three millions daily and as It's VII
known that ths Secretary Of the Treasury has SIMPLE
and unfsIlEg resources In the Duties Imports and
Internal Revenues, and in the Issue Of the Interest
bearipg Legal Tender Treasury Notes. 1t is almost
certainty that be viii not End Il necessary, for long
time 70 come 70 seek market for any other long or
permanent Loans, TIE INTEREST AND PRINCIPAL
OF WHICH AgEPATABLE IN GOLD.
Prsdsnss aud ssf-intoress must force the minds Of
those contemplating the formation OfNasIonAi Bank
ing ASSOCIATIONS, well the minds Of al, who have
idle money on hslr hands, 10 the prompt conclusion
that they should lose time IN subscribing TO thh
most popular Loan. It viii soon be beyond their
reach and advance 10 handsome premium, as was
the result with the "sevenThirty Loan, when It
all sold aud could no longer be subscribed for par
It il Six per eent Loan, the Interest and
Principal payable IN Gem, thus yielding over
Nine per Cent. per Annum, 81 the present rate
Of premium on cOn.
The Government requires all duties on imports to
be paid in Coin these dutiea have for a long time
past amounted to over Quarter Of Million OF Dol
lars daily, nearly three times greater than that
required In the payment Of thu Interest al The
20s and other permanent LOans So that It's hoped
tina; the saplus Coin in the Treasury, at distant
day will enable the United States to res ume specie
payments upon ell liabilities.
The Loau called $50 from the fact tia whilst the
Bonds may for 20 years, yet the Government has
right to pay them OF in Cod at par, at any time
after years.
The Interest is paid half-yearly, viz on The
first days OfNovember and May,
Subscribers can have Coupon Bonds, which are pay
able to bearer, and $50 $780, $780, and 81 900
Registered Bonds Of denominations and in addi
tior, s. Ooe and $40 900. For Banking purposes, and
orinvestnsnts Of Trust moneys the Registered Bonds
are preferable.
towns or ceunties, and the Government tar on them
Is only and half per cent. the amount Of In
come, when the income Of the holder exceeds Six
Hundred Dollars per snnum all other Investments,
such as income from Mortgages, Railroad Stock and
Bonds ETC.. must pay from three to Eve per cent tax
the income.
Banks and Bankers throughout the country will con
tiuue to dispose Of the Bonds and all orders by mall
or otherwise, promptly attended to.
The Inconvenience of few days delay in the de-
livery Of the Bonds is unavoidable, the demand being
90 great but interest commences from the day Of
subscription, no less is oceasioned and every effort
Is bong made 10 diminiSh the delay. .G
JAY COOKE,
SUBSCRIPTION AGENT,
ia SOUTH THIRD sTRERr, PHILADELPHIA.
Philadelphia, November Is 1859.