The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1864-09-09
]. S. 7--30 LOAN.

The Secretary of the Treasury gives notice
that subscriptions will bo received for Coupon
Treasury Notes, payable three years from Aug
5th, 1864 with sem-annual interest at the rate
of seven and three-tents per cent, per annum,
principal and interest both to be paid in Lawful
money.
These notes will be covertible at the option
of the holder at maturity, into six per cent gold
bearing bonds, payable not less than five nor
more than twenty years from their date, as the
Government may elect They will be issued in
denomination of $50, 800, $500, $1,000 and
$4,000, and all subscriptions must be for fifty
dollars or some multiple of fifty dollars.
The notes will be transmitted TO the owners
free of transportation charges as soon after the
receipt of the original Certificates Of Deposit as
they can be prepared.
As the notes draw interest from. August 10,
persons making deposits subsequent to that date
must pay the interest accrued from date Of note
to date of deposit.
Parties depositing twenty-five thousand dol
lar. and upwards for these notes at any one time
will be allowed commission of one-quarter of
one per cent which will be paid by the Treas
ury Department upon the receipt OF bill for
the amount certified to by the officer with whom
the deposit was made. No deductions for
commissions must be made fiom the Deposits
SPECIAL ADVANTAGES OF THIS LOAN.
IL is a National Savings Bank, offering Il
higher rate of interest than any other, and 4fE
BEST SECURITY. Any savings banks which pays
its depostors in U. S. Notes, considers that it is
paving iii the best circulating medium of the
country, and it cannot pay in anything better,
for its own assets are either in government sccu
rites or in notes or bonds payable in govern
ment paper.
1t is equally convenient as temporary or per-
manent investment, The notes can always be
sold for within Il fraction Of their face and ac
cumulated interest and are the best security
with banks ms eollaterals for discounts,
CONVERTIBLE INTO A SIX PER
CENT SEQ GOLD BOND.
In addition to the very liberal interest on the
notes for three years. this privilege of conversion
is now worth about threepcr cent. per annum, for
the current rate for 500 Bonds is not less than
nine per cent. premium, and before the war the
premium on six per cent, U. S. stocks was over
twenty per cent. 1t will be seen that the profit
on this loan, at the present market rate, is not
less than ten cent, per annum.
IT'S EXEMPTION FROM STATE OR MUNICIPAL
TAXATION.
But aside from all the advantages we have
enumerated special Act Of Congress exempts
all bonds and Treasury notes from local taxation.
On the average, this exemption is worth about
two per cent. perannum, according to the rate
of taxation in various parts of the country
1t is believed that no securities offer so great
| inducements to lenders as those issued by the
government In all other forms of indebted
ness, the faith or ability of private parties, or
stock companies, or scperatc communities, only
is pledged for. r.paymont while the whole prop
ertv of the country is held to secure the dis
charge of all the obligations OF the United
States.
Will the Government offers the most liberal
terms for its loans it believes that the very
strongest appeal will be to the loyalty and pa
triotism of the people.
Duplicate certificates will be issued for all
deposits, heparty depositing must endorse
upon the ORIGINAL certificate the denomination
of notes required, and whether they are to be
issued in blank or payable to order. When so
endorsed it must be left with the officer receiv-
ing the deposit, to be forwarded to the Treasu-
ry Department.
Subscriptions will be received by the Treas
urer ofthe United States, at Washington, the
several Assistant Treasures and designated De-
positaries. and by the
s5irst @ationat 9ank
T-DDER GAMnTyGYy ONTO