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

The Secretary Of the Treasury has not jet
given notice Of any intention 70 withdraw this popu-
lar Loan from Sale at Par and until ten days notice
is given, the undersigned, as General Subscrir-
ton Agent" viii continue to supply the public.
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 into the Treasury, mostly within the
last seven months. The large demand from abroad,
and,ths rapidly increasing home demand for use as
the basis for circulation by National Banking AssOc
aliens now organizing in all parts Of the country will
in very short PERIOD absorb the balance Sales have
lateiy ranged from ten to Gfeen millions weekly fire.
quenty exceeding three millions daily and it Is vel
known that tho Secretary of the Treasury has ample
and unfailins in the Dates Imports and
Internal Revenues and in the sas Of the Interest
bearing Legal Tender Treasury Notes. it Is almost
certainty that he will not end It necessary for long
time to come, 70 seek market for any other long or
permanent Loans, THE INTEREST AND PRINCIPAL
or WHICH ARE PAYABLE N GOLD.
Prudence and self ntcTsst must force the minds OF
those pl4ting the formation ofNa,ionsl Bank
ing Associations we'll the minds Of al who have
idle mozey on lheir hands 70 the prompt conclusion
that they should lose 10 time IN Subscribing 70 this
most popular Lnan. II Will soon be beyond their
reach, and advance 10 Handsome prem un, As was
the result with the "Seyen-Thlrty Loan when It
al sold and could no longer be subscribed for At par
It is a six per cent. Loan, the Interest and
Principal payable in Cam, thus yielding over
Nine per Cent per Annum, Al the present. rate
Of premium on coin.
Tie Govornmsnt requires al dulles on imports 10
be paid in Coin these duties have FOR long time
past amounted to over Quarter Of Million Of Dol
lars daily, nsarly three tines greater than that
required in the payment Of the interest On all the
9os and other permanent Loans SO that is hoped
thai the surplus Coin in the Treasury at dis ant
day, viii enable the United States TO uns specie
payments upon all liabilities
The Loau b called $50 from the fact that whilst re
Bonds may run for 20 years. yet the Government has
srsht TO pay them OG in Cod al par, at any time
amer years.
The Interest is paid halfysarly, viz on the
hrst days Of November and May.
Subscribers can have Coupon Bonds, which are pay
able % bearer, and are $50 500, ssO0, snd 100
Registered Bonds OF same demon nations And N addi
tor, IS 900 and 1000. For Banking parposes and
for Investments Of Trust money the Registered Bonds
are preferable.
These 5-2y's cannot be taxed by states, cities
towns or counties, and the Government tar on thsn
"a only one ami half per cent. on the amount Of is
cone, when the income of the holder exceeds six
Hundred Dollars per Annum all other investments
such IS income from Aortugss, railroad Stock, ana
Bonds, etc. must pay from thTss 70 avs per csnt tar
on the income.
Banks and Bankers throsghogi t8s country VII con
time 70 dispose Of the Bonds ssd al orders By mat,
. or Otherwise. promptly attended 70.
The l1ooossnisses Of fsg days tsisy In the d.
livery Of he Bonds "a Unavoidable the demand bsng
% great but a. ntsrss. c0nmeloss fr0n the DAY Of
Subscription no loss IL oooasi0nsd, Ans every e0rt
Is beng aAas 10 eiEninlsh the dsAy.
JAT COOKE,
SUBSCRIPTION AGENT,
Ifz SOUTH THIRD sTREET, PHILADELPHIA.
PhiiAaslphlA, Noysnbsr Is, 1855.
drclo-fra-a