The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1864-02-24
o.. 8. 5-2O'S.

THE SECRETARY VF II TREASURY 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
AL SUBSCRIPTION AGENT will continue to
supply the public.
The whole amount of the Loan authorized is Five
Hundred Millions of Dollars. NEARLY FOUR
HUNDRED MILLIONS HAVE BEEN
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 as the basis for
circulation by National Banking Associations now
organic ng in all parts of the country, will in o
very short period, absorb the balance. Sales have
lately rangel from ten to fifteen millions weeklys
frequently exceeding three millions daily, and a,
it is well known that the Secretary of the Treasury
has ample and u~nfailing resources IN the Duties on
Imports and Internal Revenues, and in the Issue of
The interest bearing Legal Tender Treasury Notes,
it is almost a certainty that he will not find it neces-
sary, for a long time 20 come, to seek a market for
any other long IT permanent Loans, ii INTER-
EST N PRINCIPAL OF WHICH ARE PAYA-
L IN GOLD -
Prudence and self interest must force the minds
of those contemplating the formation of National
BANKING Associa ions, as well as the minds of all
who have idle money on their hands. to the prompt q
conclusion that they should lose no time in sub
scribing TO this most popular Loan. It will soon
be beyond their reach, and advance to q handsome
premium, as was the result with The @Seyen Thirty"
Loan, when it ives all sold and could no longer be
subscribed for at par. FzdF
1T is A SIX PER CENT LOAN, THE IN
kEEREST AM PRINCIPAL PAYABLE IN COIN.
THUS YIELDING OVEN NINE tEh CENI. PER
ANNUM at the present rate of premium on coin-f b
The Government requires all duties on imports
to be paid in Coin these duties have for q long
time past amounted to over a Quarter of n Million
of Dollars daily. a sum nearly three times greater
than that required in the payment of the interest
on all the 5-2Gs and other permanent Loans. Sc
thai 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 ali liabili
ties.
The Loan is eallod $50 from the fact that whilst
the Bonds may run for 20 years yet the Gor-u1s
ment has a right to pay them off in Gold at par, "a
any time after a year.
THE INTEREST Is PAID HALF-YEARLT,F
viz on the first day of November and May
Subscribers can have Coupon Bonds, which are
payasle to bearer. and $50. 500, $500, and $1,000; :
Or Registered bonds of same denominationss and
in addition, $1,000 ard $1,000, Fog Banking
Registered Bonds are preferable.
These 5 20s cannot be taxed by States, cities.
towns or counties, and The Government tax on
Thorn is only on and a half per cent, on the ants
of income. when the income of The. holder exceeds
Six Hundred dollars per annun; all other invest
ments. such as income from Mortgages. Railroad
Stock and Bonds etc., must pay from thrse to I'VE
per cent tax on the income.
Banks and Bankers throughoutthe Country viii
oniinue to dispose OF the Bonds and all orders
b. mail, or otherwise promptly attended 10.
The iaconveaience of a few dayxt delay in the
dcEiyerysof the Bendsis unavoieabfe. the demand
being so great ; bat az interest commences from.
the day of snbserIption-zno loss Is oecasiened. and
every Efforts being made to. diminish the delay. 81
JAY CooKEs
SUBSCRIPTION AGENT
I14 THIRD STREET, PHIEA.%
December ., ls63-n27 = dt sTsA& 15zee