The Smoky Hill and Republican union. [volume] (Junction City, Kan.) 1861-1864, 1863-12-19
TIED TATES 5.2O's.

The Secretary Of the Treasury has not yet
given notice of any intention to withdraw this
popular loan from sale at par, and until ten
days notice is given, the undersigned, as
General Subscription Agent" will continue
| to supply the public. y
Five Hundred Millions of Dollars. Nearly
Four Hundred Millions have been
already subscribed and paid lnlO
the Treasury, mostly within the last sew
en- months. The large demand from abroad.
and the rapidly increasing 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 Pc
riod, absorb the balance. Sales have lately
ranged from ten to fifteen millions weekly.
frequently exceeding three millions daily, and
as it is we'll known that the Secretary Of the
Treasury has ample and uufailing resources in
the Duties on Imports and Internal Revenues,
and in the issue Of the Interest bearing Legal
Tender Treasury Notes, it is almost q certainty
that he will not find it necessary, for q long
time to come. to seek q market for any other
long or 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
Natlonai Banking Associations, as we'll as the
minds Of all who have idle money on their
hands, to the prompt conclusion that they
should lose no time in subscribing to this most
popular loan. It will soon be beyond their
reach, and advance to q handsome premium.
as was the result with the Seven Thirty"
Loan, whsn it was all sold and could no longer
be subscribed for at par.
10 II q Six per Cent Loan. the In
teresa and Principal payable In
Coin, thus yielding over Nine per
Cent. per annum at the present rate Of
premium on coin.
The Government requires all duties on i'm
ports to be paid in Coin; these duties have c,r
o long time past amounted to over QuarterHf
. Million of Dollars daily, q sum nearly three
times greater than that required in the pay
ment Of the interest on all the 5-20s and other
permanent Loans. So that is hoped that the
surplus Coin in the Treasury, at no distant
lay, will enable the United States to resume
specie payments upon all liabilities
The Loan is called $50 from the fact that
while the Bonds may run for 20 years yet the
Government has . right to pay them of in
3old At par, at any time after 5 years.
The Interest ls paid haIGyearlS, =
Iiz: on the first days Of November and Nav.
Subscribers can have Coupon Bonds, which
re payable to bearer, and are $50 500, $500
nd SlOOO; or Registered Bonds Of same de-
and in addition, 5000 and
lo.OVo. 'for Banking purposes and for in
ee'ne"'S VI Alust-monIes the Registered
onds are preferable.
These 5-2Vs cannot be taxed by States cities,
'wns or counties, and the Government tax on
lem Is only one and q half per cent, on the
mount Of income, when the income Of the
older exceeds Six Hundred dollars per annum;
II other investments, such as incomes from
Iortgages, Railroad Stock and Bonds. etc
ust pay from three to five per cent tax on the
lcome.
Banks and bankers throughout the country
i'll continue to dispose Of the Bonds; and ali
ders by mail, or otherwise, promptly attend
to.
The Inconvenience Of q few days delav in
Q delivery Of the Bonds is unavoidable the-,
mand being 80 great; but as interest com n
snces from the day Of subscription, no loss is 7
casioned, and every effort is being made to
minish the delay. JAY CO0KE
Subscription Agent. ia South 3D. AZ Pb;,a
SCOTT, KERR & CO., BANKERS.
Agents for the sale Of Bonds Leay. Kan