Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1864-01-01
II. s. 5-2O,S

THE sEosrIARY rHR TREASURY has not -, given
notice Of shy istenton to withdraw thi, popular Loan
from Sale Par and until after ten Gays notice has
been given the uhdc'sisned Agent tor the Sale Of
The Bond, will eontnde 10 supply ae public.
| The whole amount Of the Loan authfzsd n Fiye
Hundred Millions Of Dollars Nearly -Four Hundred
Millions haze beta aeady s,5ic, bed tor and paia into
Ae Treanry. mostly within the last seven months The
large demand from abroad and the rapidly Increasing
hons demand for AZ the basis for oirou.tou BY
Pictorial Banking Associations, organizing in all
pNis - the country, will, in very short period absorb
The baiausc Sales have lately ranged from ten to g.
teen mi lions weekly, hcquontly exceeding three mil
lions daily. md i b. well known iha, the Secretary OF the
Treasury has simple and unfslna resources in the duties
aud imports and In,cna Rcyerus, and IN the Issue Of
the Interest Bearing Legal Tender Treasury Notes Il
is slwcst certainty hat he viii not fndi necessary,
or long tint 90 cnno, 10 seek market fr any other
long permanent Loans, TUE INTEREST AND
PRINCIPAL or WHICH ARE PAYABLE IN
GOLD
Prudence and SELF interest must force ne minds q
those contemplating The formation OF National Banking
Associations, well the minds Of al who have idle
money on their hands, TO the prompt conclusion that
they should lose time in subscribing to this po-
pular Loan Il will he beyond their rcaoh aud ad
vance to handsome premiam as was the result with
the Seven lhify Loan, when it vasall sold and could
no longer be subscribed Tor at par
INA SixPey Cent Loan the Interest and Principal
Paynbh IA Com, thus yieliing Nine per Cent. per
oenum At the present rate Of premium coin.
The Government requires all duties on Imports to be
paid in Coin these dudes have for long time past
amounted to overa
Quptcr Of u,iiion Of Dollars daily,
sgm nearly three times greater than that required in
DE pyment Of the interest on all the 52Os and other
permanent Loans SO that IL is hoped that the surplus
Coin in the Treasury disant day, will enable the
United states 10 resume specie payments upon all iAbii
ties.
The Loan Is called % from the fact that While the
Bonds may run Tor 20 years. yef the Government has
right to pay them % il Gold, at par, atAny time after
year..
The taereV is paid ayeary, viz: on the first days
Of November and May.
Subscribers bare Coupon Bonds, which payable
40 bearer, and $50 sl00 $500 and 900 or Regis
cred Bonds Of denominations. and In addition,
50 600 and $1,000 For Banking purposes aud for in.
vestmcnts Of Tfustmones, the Registered Bonds are
preferable.
These 1928 cannot be taxed by States. Cities. Towns
or Counties, and me iyerRment tau on them is only
one and half per cent the OF income. when
the income Of the holder exceeds Six Hunled Dollars
per Annum al ohc Investments, such as ineoue from
Morga ages, Railroad Stock and Bonds etc must pay
from three to tive rsr cent tax on The income.
/ Banks and BANKERS throughout the eonutry will
tinue dispose NJ the Bonds and al oders sent to
direct by mail Otherwise. will be rompty attended to-
] The inconvenience of a few days delay ia the delivery
Of the Bonds Is time, unavoidable. the demand being
great but interest commences from the day Of sub
scrpdon loss oeeasoned. and every e,rt is being
made TO deliver the Bonds As promptly as possible.
Els SIX d II A T C II
BANKEts, ASupEAIERs
AH Glasses Of Government Securities
AND
U. 5. 500 LOAN AGENTS,
3S WALL ST., EEw YORK.
a'Deposi,s and BANKERS accounts received favor
able terms
~ STOCKS BONDS and GOLD, b 'ught and Sold
strictly on Commission fr Cash S25