The Portage County Democrat. [volume] (Ravenna, Ohio) 1854-1868, 1863-12-30
u. S. 5-2O's.

The Secretary of the Treasury has moi yet given
notice OF any Intention to withdraw this popular Loan
the undersigned, as General Subscription 4gent,n
Will continue o supply the public -
ne wnoie amount OF the Loan authorized is Five
Hundred Millions of Dol ars. Nearly -Four Hundred
Mill ons have been already subseri5ed for aud paid
into The Treasury, mostly within the last seven
months. n he large demand from abroad, and the
rapidly increasing home demand for the basis
for circulation by National Banking Associations
very short period absorb the balapce Sales have
lately ranged from ten to fifteen millions weekly fre-
quently exceeding three millions daily, and as it is
well known that the Secretary of the Treasury has
ample and unfailing resources In the Duties I'm.
Interest bearing Legal Tender Treasury Notes. it
aimosts certainty that he will not end ii necessary,
for a long time to come, 10 seek a mark / for any
GOLD.
Prudence and selfinerest must force the minds Of
those contemplating the formation of National Bank.
ling Associations, wellas the minds OF all who have
ldle money their hands. to the prompt conclusion
that they should lose time in subscribing this
I ost popular Loan. 1t will soon be beyond their
reach, aud advance TO handsome premium, as was
Ethe result with the Seven Thirty 3 loan when ii
was all sold and could longer be subscribed for al
Fpar. 5f.g.-s5s5 aFs-5y 3 2
Risa Str per Loan, The Interest and Principol
payable IN Cosa thus yielding Nine per cent per
r The Government requires all dnties on imports to
be paid in Coin; these duties have for long time
past stamounted to oyera Quarter of Million of Doll
lars dai y, nearly three times grsaer than that
In the payment of the interest all the s.
" tDu Oti6r esont Loans. IL hoped that
surplus Coin in the Treasury,at no distant day. will
enable the United States to specie pay ments
upon all liabilities.
The loan is called $40 from the fact that whistthe
Bonds may run 20 years, yet the Government has
right 10 pay them of in Gold at par, time after
| Eve years. "a ls5 slIzss
zs sstsyest Is paid half yearly, viz the first days
lsof yember and May. -
| Subscribers can we Coupon Bonds, which are
payable to bearer, and $50, SG0, $500 and $1,000;
or Registered Bonds of same determination, end in
sddtinn $5 900 and $4,000. For Banking PURPOSES
tand for investment of Trust monies, the Registered
| b nds are preferable.
THESE S eos cannot be taxed by States, cities.
ftowns or counties, and the Government tax on them
/ is only one and a. half per cent. the mount OF
Income, when the income of the hoidrr exceeds Six
Hundred dollars per annuIn; all other iuyestmen;s,
uch as income from Mortgages, Railroad Stock and
Bonds etc, must pay from three to five per cent tax
| on the income.
Banks and Bankers throughout the country wilt
Icon niue to dspo OF tie Bonds; and all orders by
matt. or Otherwise, promptly attended to.
The Inconvenience OF q few Jays, delay in the de-
livery Of the Bonds is unavoidable. the demand be-
ing so great; but as interest from the day
of subscription. loss is occasoned aud every ei
fgrtis being made to diminish the delay ss
Ii -ss--B AN COOK r. S
= szssssss sSUBSC CRIPTl0N AGENT,
ia SOUTH THIRD STREET. PHIBA ADELP ia
Philadelphia, NJ rsber 25, 1858.
Bopds can be obtained at the PORTAGE COUNTY
BRANCH BANK
Ravenna, Dee. 0, 1863