The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1863-12-18
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The Secretary of the Greasury has
not yet given notice of any intention to with
draw this popular Loan from Sale at Par, and
until ten days notice is given, the under
signed, as general Subscription
Agent" will continue to supply the puplic
The whole amount of the Loan authorized
is Five Hundred Millions of Dollars. Nearly
Four hundred Millions have been already
subscribed for and paid into the Treasury
mostly within the last seven months. The
large demand from abroad, and the rapidly
increasing home demand for use MS the basis
Tor circulation by National Banking Associ-
atoms now organizing in all parts Of the
county, will, in II very short period, absorb
the balance. Sales have lately ranged from
ten 10 fifteen mil ions weekly, frequently ex-
ceeding thee millions daily, and as it is well
known that the Secretary OF the Treasury has
ample and uutaihng resources ia the Duties
on mporls an Internal keyeuucs, and in
theissue Of the Interest bearing Legal Tender
Treasury Notes. it is almost certainty that
he will not find it necessary, ior n long time
to come, TO seek II market for amy other long
or perG.aHrpt lao n, THE iNTEREsr AND pRlN-
CIpAL of wuIcR ARE PAYABLE N "'pLO.
Prudence and self interest must force the
minds Of those contemplating the formation
of National Banking Associationsras well as
the minds of all who have idle money OH theil
uauds to the prompt conclusion that they
should lose no time in subscribing to this
most popular Loan. 1t will soon be beyond
their reach. and advance to II handsome
premium, as was the lsult with the Seven
fhirty" Loan when it was all sold and could
no longer be subscribed for a, par.
Itis SiE par Gent Eoa m, In
tarest aud .gI!1oipal 2ayabie in ,.diu,
thus yicAdAg over Miae 7 nj.
per annuxa at the present rate of p emiun
On coin.
The Government requires all duties on i'm
ports to be paid III Coin; these duties have
for a long time past amounted to over q
Quarter of Million of Dollars daily, IL sum
nesrly three times greater than that required
in the payment OF the interest on all the
j-20's and other permanent Loans. So that
il is hoped that the surplus Coin in the Trea-
sury, at no distant day, will enable the
United States to resume specie payments
upon all liabilities.
The Loan is called $40 from the fact that
whilst the Bonds may run for 70 years YET
the Government has h right to pny them of
in Gold at par, at any time after years.
Enc Tnterest is paid halfyearly,
riz; On the first days of Novermoer and May
Subscribers eau have Coupon Bonds, which
are payable TO bearer, and are $50 $10l
$500, and 1000; or Registered Bonds of some
denominations, and in addition 5000 and
$4,000. For Banking purposes and for in
ynstmeuis Of Yrust-monies the Registered
Bonds are preferable.
These .2O's cannot be taxed by the States
cities, towns, or counties, and the Government
tax on them is only one-and-a- half per cent.
on the amount Of income, when the income
Of the holder exceeds Six Hundred dollars
per aunum; all other Investments such as in
come from Mortgages, Railroad stock anc
Bombs etc alust pay from three 10 i've per
cent lax cn the income
Banks and Bankers throug ghOnt the Country
will continue to dispose Of the Bonds; and
al orders by mail, or otherwise promptly at
tended to-
The inconvenience Of few days delay in
the delivery OF the Bonds is unavoidable, the
1emand being SO great; but as interests COM
mences from the day of subscription, no loss
is occasioned, and every effort is being made
to diminish the delay.
GAE CCoxgEg,
SUBSCRIPTION AGENT.
ia South Third Street, Philadelphia.
R, r. MCKEE L. Co., Agents, have
supply of Bonds on band.
Philadelphia, Nov. rs, 1868.