The Democratic press. (Eaton, Preble County, Ohio) 1860-1865, 1864-01-14
EGE TAE 20
Ut. 8. 5.2O,S.

"""| fIA"r tfNHAH-H1rH .H|ht 81.
Tie Secretary of the Tred'Wry hasa-ncl
yet given notice Of any Intention 70 with,
draw this'popular loan from Sale atPar and
until ton days notice Is given, the under.
signed as General Subscription agent,
will continue 70 supply the public, p.
The whole amount Of the loan authorized
is Five H hundred Millions f'Bollars Near
IN -Four Hundred Mitions haze been already
subscribed for and paid into The Treasury.
mostly within the last seven months. The
large demandfrom abroad, and the rapidly
increasing home demand for use as the
base for circulation by National Banking
Associations now organizing in all parts of
the country, will, in q very short period,
absorb the balance, Sales have lately
ranged from ten to fifteen mllopsA weekly,
frequently exceeding three millions daily,
and as il is we'll known that the Secretargcf
tue Treasury has ample and unfailing re.
sources in the duties on Imports and Inter.
nal Re venuea, and in the issue Of the Inter,
est bearing Legal Tender TreasnryIN Notes,
is almost a certainty that ne will not find
necessary for a long time to come, 10
SEEK " luhThGt ltI any OluNE lONg UT DtIllh
rent Loans, THE INTEREST AND PRiN,
CIPAL OF WHICH ARE PAYABDE IN
GOLD.
Prudence and self interest must force The
minds ofthoss contemplating the formation
of National Baucking Associations, as well
Gs the minds Of all who have idle money on
their hands, to tho prompt conclusion that
Eey should lose no time in subscribing to
'this most popular loan. 1t will soon be be.
yond their reach, and advance to q hand.
some premium, al was the result with the
Seven Thirty Loan, when it was all sold
and could no longer be subscribed for at
par.
Hsa Sir per Cent Loan, III, Interest
and principal payable in Coin, thus yield
ing ovcr Nine per {, at per Anmum at the
present rate Of premium IN coin.
The Government requires all duties on
imports to he paid il coin: these duties
have for a long time past amoanted to
over q Quarter Of Million of Dollars daily
q sum nearly three times greater than that
required in the payment of tue interest on
all the 5 20s and other permanent Leans
So that it is hoped that the surplus Coin in
the Treasury, at no distant day, will enable
the United States to resume specie payments
upon oil liabilities.
The Loan is called $40 from the fac,
that whilst the Bonds may run for % years
yet the Government has a right to pay them
Oft IN Gold at par. ct any time after 6
years.
The Tntersstia paid iaIfyeSrly, Wig: OF
.hs first days Of November and May.
Subscribers can have Coupon Bonds
which are payable :" bearer, and are $50
$lJC, $500, and 81 900. or Registered B md;
ofsame denominations andin addition, S., 0O(
and $4,000 Fer banking, purposes and
flor investments of Trust.monies the Regis
tered Bonds are preferable.
These 5-20's cannot be taxed BY States
cities, own or counties, and the Govern
aent tax on them is only one.and a.half pc,
cent, on the amount Of income, wnen tht
income of the holder exceeds Six Hundred
dollars per annum; all other Investment
such as income from Mortgages, Railroad
| Stock and Bonds, etc, must pay from tire,
TO Eve per cent tax on the income. @
Banks and Bankers,hroughoutthe Countr,
will continue to dispose Of the Bonds am
all orders by mail Or otherwise promrtl
attended to.
The inco venience Off rewdays' delay il
the delivery ofthe Bonds is unavoidable, tn
demand beiRg so great; but as interest com
msnees from the day of subscription, no los
is ocasioned, and every effort is being mad
to diminish the delay.