The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1864-01-13
u. =. 5-2esA =.
Sf~.------S

THE SECRETARY OF THEi
TREASURY has not yet given office of
any intention to withdraw this popuiari
Loan from Sale at Par, and untillten days
notice is given, the undersigned' as
Observation-Disclosures
will continue to supply the public. y,
The whole amount of the Loan author
zed Is Five II sndred Millions of Dollars,
NEARLY FOUR HUNDRED MILL
LIONS HAVE BEEN ALREADY
SU BsCRIBED FOR AND PAID
.INT0THE TREASURY, mostly within
the last seven month The large demand
from abroad, and the rapidly increasing
home demand for use as the basis fof cir
calatiou by National Banking Associa-
tions now organizing in all parts of the
country, will, in very short period, alb
Isorbthe balance Sales have lately ranged
from ten to fifteen millions weekly, fire
quently. exceeding three millions daily.
and as it is we'll known that the Seereta-
| ry of the Treasury has ample and unfail-
| ing resources in the Duties on Imports
and Internal Revenues and in the issue
of the Interest bearing Legal Tender
Treasury Notes, it is almost certainty
that he will not find it necessary, for ii
Hong time TO come, to seek market for
any other long or permanent Loans, THE
INTEREST AND PRINCIPAL. OF
| WHICH ARE PAYABLEIN GOLD.
Prudence and self interest must force
the minds of those contemplating the
formation of National Banking Assoeia-
tions, as well 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 to a handsome premium, as was
the result with the ''Seven Thirty" Loan
wen it was all sold and coald no longer
bh subscribed for at par. ssF or
! IT is A SIX PER CENT LOAN
THE INTEREST AND PRINCIPAL
\ IPAYABLEIN COIN. THUS YIELD
HING OVER NINE PR CENT. PEI
. ANNVM at the rate Of premium OF
coin. lr H
The Government requires all duties ol
imports to be paid Coin; these quite
have Tor a long tine past amounted t.
f lover Quarter OF Il Million OF Dollar
! daily, sum nearly three tin.es create
than that required in the payment OF tn
interest on all the 5 POS and other FER
manent Loans. So that il is hored tn,
The surplus Coin in the Treasury. at d
D distan' day, viii enable the United State
+ to resume specie pay yn.ents upon all la
bilities.
? The loan is called S 81 frem the fac
{ that whilst the Bonds may run for :
!, years vet the Government has right I
i pay them off in gold at pair, at amy tin;
n after 5 years pa $40" ~.
THE INTEREST Is PAID HALE
YEARLY, via on tho first days oi Nu'
emher and Nav sAaa aaa
Subscribers have CoupoHBoFds, whid
are PAYABLE to bearer, asd are S3G SIT
+. $50. and $1,000; Of Registered Bonds
same denominations, and in addition
$4,000 end slo0e0 For Banking Fui
poses and for investments Of Trust-monit
i the registered bonds are preferable.
4 These ) 20's cannot be taxed by State
"a cities, townsor counties, ami the Govern
c ment tax on them Is only Que aud aha
- percent on the amount OF income. he
:, the income Of tie holder exceeds six Hun
d dred do lars per annum;all other inyes
ments, such as income from Mortgage
(, Railroad Stock aud Bonds. etc, must pa
i, from three to FIVE per cent tax on the II
come. aHj .aE
J Banks and Bankers throughout Il
Country will continue to dispose OF ii
Il Bonds; and ali orders by naii. or othe
!, wise promptly attended to. 4 - a.s.
!, The Inconvenience ofa few days dela
e in the delivery OF the Banks is unayoidi
: blc, the demand being SO great; but as il
t terest commences from the daV of ,ul
Y scriptiun, no loss is eccasioned- and ever
effortis is made to diminish the delay,
"' ''. 't.5 f.a JAY COOKIE ss.
Eu.sd sw - le.4,.
I.r Subscription. \ 6 Mt
II SOUTH THIRD STREET, PHILADELPAl