The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1864-03-17
u. s. 5-2O'S.
CHARTER PERPETUAL.


The Secretary 0G IE.e Trea>mry
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 "Geucr;.. subSc,.ip-
iion Agent" will continue to supply
the public.
The whole amount of the Loan authorized
is Five Hundred Millions of Dollars. Nc:..-
iy AoNr Hundred Millions have
been already subscribed fer anss
paid into f;se Treasury, mostly
within the last seven months. The large
demand from abroad, and the rapidly in
creaslng home demand for use as the basis
for circulation by National Banking Asso-
Citations now organizing in all parts of the
country, will, III very short period, absorb
the balance. Sales have lately ranged from
ten to fifteen millions weekly, frequently
exceeding three millions daily, and as it is
well known that the Secretary of the Trea-
sury has ample and unfailing resources in
the Duties on Imports and Internal Reve-
nues, and in the issue of the Interest bear
ing Legal Tender Treasury Notes, it is al
most certainty that he will not find it ne
cessary, for long time to come, to seek a
market for any other long or permanent
loans. THE INTEREST AND PRINCI-
PAL OF WHICH ARE PAYABLE IN
GOLD
Prudence and self interest must force the
minds of those contemplating the formation
of National Banking Associations, as we'll
as the minds of all who have the 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 be-
yond their reach, and advance to hand
some premium. as was the result with the
"Seven Thirty" Loan, when it was all sold
and could no longer be Subscribed for at
par.
IL is n Six per Cent Loan, the
Entcrcst asd Principal payable
in G0ias, thus yielding ever Nin.
per Gent. per ;smsAHN at the present
rate of premium on coin.
The Government requires all duties on
imports to be paid in Com; these duties have
for a long time past amounted to ovar a
Quarter of Million of Dollars daily, sum
nearly three times greater than that re-
quired 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
Treasury, at no distant day, viii enable the
United States to resume specie payments up
on all liabilities.
The Loan is called 500 from the fact
that whilst the Bonds may run for 20 years
yet the Government has right to pay them
off in Gold at par, at any time after D years.
The lnIerc>> i. paid haIs-yrar-
ly, viz: on the first days of November and
May.
Subscribers can have Coupon Bonds,
which are payable to bearer, and are $50,
SI00, $500, and $1,000; or registered Bonds
of same denominations, and in addition, So
900, and $4,000 For banking purposes
and for investments of Trust-monies the
Registered Bonds arc preferable.
These 5-2Us cannot be taxed by States.
cities, towns or counties; and the Govern
ment 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 annum; all other investments,
such 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 Coun-
try will continue to disp ,se of the Bonds !;
and all orders by mail, or otherwise, prompt
ly attended to-
The inconvenience of a few days delay
in the delivery of the Bonds is unavoidable,
the demand being so great; but as interest
commences from the day of subscription. no
less is occasioned, and every effort is being
made to diminish the delay.
.sAY COOKE.
SUBSCRIPTION AGENT,
II1 South Third street, Philadelphia.
December 3, 1868.