The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1864-01-01
us, > I2()'S

The Secretary of thessTreasury 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 puplo.
The whole amount Of the Ioau 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 ns the basis
for circulation by National Banking Associ-
ations now organizing in all parts of the
country, will, in q very short period, absorb
the balance. Sales have lately ranged from
ten to fifteen millions weekly frequently ex-
ceeding three millions daily, and as it is well
known that the Secretary of the Treasury has
ample and uufailn2 resources iu the Duties
on Imports anl Internal Revenues, and in
the issue of the Interest bearing Legal Tender
Treasury Notes, it is almost certainty that
he will not find it necessary for long time
to come, to seek market for any other long
or permanent Loan THE INTEREST AND PRIN-
cIPAL OF WHICH ARE PAYABLE IN GOLD.
Prudence and self interest must force the
minds of those contemplating the formation
of National Banking Associations, as well 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. 1t will soon be beyond
their reach, and advance to Il handsome
premium, as was the rsult with the "Seven
Thirty Loan when it was all sold and could
no longer be subscribed for at par.
1t is q Six per Cent Loaa, the yn-
terest and Principal payable in Coin,
thus yielding over Mime per Cent.
per annuYn 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
for a long time past amounted to over
Quarter Of Million of Dollars daily, sum
nearly three times greater than that required
in the payment of the interest on all the |
5-20's and other permanent Loans. So that
it 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 90 years yet |
the Government has right to pay them off |
in Gold at par, at any time after s years.
The Interest is paid halEyearly,
viz on the first days of Novermocr and May |
Subscribers can have Coupon Bends, which
lre payable to bearer, and are $50 500,
$500, and 81 900; or Registered Bends of some
and in addition S., 900 and
$4,000. For Banking purposes and for in
of Trust-monies the Registered
Bonds are preferable.
These 5 -20's cannot be taxed by the States.
,ities, towns, or Counties and the Government
AK on them is cnly one-and-a- half per cent,
IN the amount Of income, when the income
If the holder exceeds Six Hundred dollars
per annum; all other investments, such as in
,ome from Mortgages, Railroad Stock anc
Bonds, ETC.. must pay from three to five per
,ent. tax on the income.
Banksan Bankers throughout the Countryt
will continue to dispose Of the Bonds; and
IL orders by mail, or otherwise promptly at
ended to.
The inconvenience of q few days delay in
he delivery of the Bonds is unavoidable, the
emand being so great but as interests COM
nences from the day of subscription, no loss
5 occasioned, and every effort is being made
0 diminish the delay.
JAZZ oooKE,
SUBSCRIPTION AGENT.
IA South Third Street. Philadelphia.
R, r, MCKEE & Co., Agents, have a !