Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1864-10-21
U. S. 7-3O LOAN.

The Secretary o. the Treasury gives Dotic, TIA;
su1scrlp tious all be received Tor Coupon Treasury
Note. payable three year, from Aug 18th. 1861,
" GA sami-aunusl Interest az the rate o. seven and
'hree-l-nths per cent. yer aHuum.-prineipSl Aad
.rte-,a, both 90 be paid 10 lawful money.
Tle-c notes will be convertible ~ the option Of
ts holder a. maturity INFO sx Per cent gold bear
lz bonds. payable not less than ave nor more thsl
t~euty years from their date, The Government
Ray elect. They will be issaed 10 denominations o.
$50. ii'I 500, q ODD aai sspil. and 49, ,ubseT.p
.i5ns mus, be Tor fifty dollars or some multiple q
d,y donsrs.
The notes viii be transmitted T. the o91srs free
OF transportation charges IS soon Aer the receipt
OF the original Certificates or D~pc4i, ~ tAsy car
he prepared.
- the notes draw interysl fron Aug. IS, pers5us
making deposits subsequent 70 that date must pay
she lnts7cs, secraed from date OF note - date "
deposit.
Parties eopos.ting twenty-five thousand dollars
and upwards Tor these notes 81 any one time will be
allowed a commission Of 0as-quarssr Of one per
cert
special advantages Of this Loan.
% fssasaAAsh - AAe-Af N-'--- a. 49,
rate OF interest than any other and As best ss-sriy
ANY saving bank which pays It's dePositors In T. S.
Notes cons dcrs that It is paying in the best eircu-
l.tlnz medium Of the country and il cannot pay IN
-uytlag better Tor is own aSets are either 10 gov
eminent sccgrites or 10 notes % bonds payable in
government paper.
IL ls equally convenient A. Temporary or per.ns-
men. Investment. The notes osn always BE- sold for
within fraction o. their lloe and sccurnmulaI cd In
,s.es. and are tae best se,a1!:y With banks col
la;erlIs iar discounts.
CoarerI5.s i4t9 q SIR pr cent. $50 God
Bond
I1 addition 20 the very liberal intsres; on the note
1.- thr.r ycsr- this privilege Of conversion Be nov
worth about three per cent per Annul for The cur
-sut rate r s-ll Bonds ls not less than arse PEI cent
.-.-lsu-p. and before the war tie premium on s.z
per cent e 5. stocks wss over twenty per cent IL
will be seen that the actual prodt on this loan, al
Che present market rate, is not Ies- than zen per
cent per annum.
is Exemption from &a,s Or Municipal
Tqratior
But aside frou al the advantage We have euuu-
Grated special Act Of Congress sTempts sll bonds
and Treasury notes from local taxation. on the
average. this exemption Is worth about two per
cent. per aunum. according to the rate Of taxation
.n various parts Of the country.
IL d-.laisrethat uo securities Ger 80 eTeatlr-
ducencn. % lenders as those Issued by the govern
meat; In all other forms Of Indebtedness, the faith
ar ability o. private parties or stock companies, o.
separate communities only pied sei fl7 payment,
whiio the whole property Of the country is held 70
secure the discharge or all the obligations OF the
United States.
while the government oilers the most liberal terms
io7 is loans it believes that the very strongest
ppsal viii be she oloyAl,y and pstriotsm Of the
people.
Upto the 2iih Of September, the subscriptions 70
this loan amounted % over