The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1864-02-10
u. s. 5-2O'S.
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THE SECRETARY OF THE
has not yet given notice Of -
any intention to withdraw this popular. 8.
Loan from Sale at Par, and until ten days
notice is given, the undersigned, az
NEUTRALITY-SUSPICIOUS. AGENT =
will continue to supply the public. - =
~ The whole amount of the Loan author
zed is Five Hundred Millions of Dollars. y
NEARLY FOUR HUNDRED MIL.
LIONS HAVE BEEN ALREADY q
SUBSCRIBED FOR AND pam
INTO THE TREASURY, mostly within
the last seven month. The large demand
from abroad, and the rapidly increasing
home demand for use as the basis for cir
culation by National Banking -Assoeia-
tions now organizing in all parts of the
country, will, in very short period. ab-
sorbthe balance. Sales have lately ranged .
from ten to fifteen millions weekly fresi9
quently exceeding three millions daily. !
and as it is we'll known that the Secreta. -
Try of the Treasury has ample and unfail. !
ing resources in tho Duties on lnpors
and Internal Revenues, and in Tie issnsa
of the Interest bearing Legal Tender
Treasury Notes, it is almost ae.rtsiuty .,
that he will not find it necessary for a i
long time to come to seek a market for
any other long or permanent Loans, THE
INTEREST AND PRINCIPAL OF
WHICH ARE PAYABLE IN COLD. !.
Prudence and self interest must force !.
the minds of those contemplating the
formation of National Banking Asxocis-
tions, 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
1t will soon be beyond their reach, and
advance 10 handsome premium, as war.
the result with the s'Seyen Thirty Loan,
wccn it was all sold and coald no longer
bh subscribed for at par.
1T IS SIX PER CENT LOAN.
THE INTEREST AND PRINCIPAL,
PAYABLE IN COIN. THIS YELL
G ING OVER NINE PR CENT. PER
ANNNM ut the rate of premium ON
coin.
), The Government requires all duties on
+, imports to be paid C.iai; these duties
have for long time past amounted TO
II over Quarter Of Million OF Dollars
y daily, sum nearly three times greater
:. than that required in The payment of the
: ! lHteFtft Ou MI the D-ZVS ana Otner per-
|, manent Loans. 80 that il is hoped that
the surplus Coin in the Treasury, at no
distant day, will enable the United States
to resume specie payments ulon all lia-'
bilities sa Sas
The loan is called 5 20 from the fact
= that whilst the Bonds may ,an for 20
years yet the Government has q right to
y pay them off in gold at par, at any time
= after 8 years. sis, .s.f
i. THE INTEREST IS PAID HALF
-r YEARLY, viz: on the irst days OF Nov.
IN tmber aud MAY.
(. Subscribers have Coupon Bonds, which
are payable to bearer. AND are $50 S100
- $50. and $1,000: Of Registered Bonds IT
10. same denominations. and in addition,
S5000 and Sla00O. For Banking pur-l
st poses and for investments of Trust monies
he the registered bonds are preferable il
N These 5.20s cannot be taxed by States,,
e, e. cities, towns or counties, and the Govern
n" ment tax on them is only one and a.haif
er per cont on the amount ofincome, when
m, the income ofthe holder exceeds six Hui
IN dred dollars per annum all other invest
or ments su"h "a income from Mortgages,
Railroad stock and Bonds, ETC., must pay
ne from three to five per cent tax on the in.
wo come.
ats .,a
IN Banks and Bankers throughout the
Country will continue to dispose Of the
Bonds; and all orders by mail. OF other
wise promptly attended to.
The Inconvenience of few days delay
- in the delivery of the Banks is unavoids-
BILE, the demand being so great; but as in
terest commences from the dav Of sub
70. scription, no less is occasioned, and every
the effort is made to diminish the delay,
M &c, JAY COOKE,
on. ami, Subscription Agent
14sorrH THIRD STREET, PHILADELPAi