Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-06-08
PRoPosAL-s FOR LOAN.
TnEAsuRY pErAnrAnNr. june Q. lse4.


To insure the greatest possible vigor In the opera
tions of the armies now moving against the insur7s
gents under brave and skilful Generals, upon vast
theater Of operations expenditures have been ln-
creased beyond receipts from revenue and ordinary
subscriptions to the National Loan.
Sealed offers will therefore be received at TINS De-
partment, under the act of March Sd, 1868, until
noon Of Wednesday the 18th day Of June, 1854, for
bonds of the United States to the amount Of Sew
snty-fye Millions of Dollars, bearing an annual in
terest of six per centum, payable semi-annually in
coin on the first days Of July and January each year.
and redeemable after the 3oth of June, 1881
Each offer must be for fifty or one hundred dol
lars, or some multiple Of hundred dollars, and
must state the sum, including premium, offered for
each hund, cd dollars in bonds or for fifty when the
offer is for no more than fifty. Two per cent OF the
principal excluding preminm, Of the whole amount
offered must be deposited, as guaranty for payment
of subscription if accepted, with the Treasurer OF
the United States at Washington, or with the AS
sistant Treasurer at New York, Boston, Philadel-
phia. or st. Louis or with the Designated Deposl-
tary at Baltimore Pittsburg, Cincinnati, Louisville
Chicago, Detroit. or Buffalo; or with any National
Banking Association authorized to receive deposits
which may consent to transact the business without
charge Duplicate certificates of deposits will be
issued to depostors by the officer association re-
ceiying them; the originals of which must be for
warded with the offers to the Department All de-
D ,sits should be made in time for advice of offers
with certificates 10 reach Washington not later than
the morning Of June 18th, No offer not accompani-
ed BY its proper certificate of deposit will be con-
sdered.
The Coupon and Registered Bonds issued will be
of the denominations of $5O 800. $500, and $1,000.
Registered Bonds of 1000 and $4,000 will also be
issued, If required.
All offers received will be opened on Wednesday
the 18th of June by the Secretary or one of the AS
sstant Secretaries and notice Of acceptance or de-
oination will be Immediately given to the respective
offerers; and in case of acceptance, bonds OF the
descriptions and denominations preferred will be
sent to the subscribers at the cost Of the Depart
ment, on final payment of instalments. The origi-
nal deposit of two per cent. will be reckoned in the
last instament paid by successful oerers and will
be Immediately returned to those whose offers may
not be accepted.
The amount of accepted offers must be deposited
with the Treasurer or other officer or association au-
thorzed to act under this notice advice Of accept
ance of offer, or as follows 0ne.thrd or before
the 2Oth one-third on or before the 25th and the
balance including the premium and original two per
cent deposit, on before the 3Oth of June. Inter
est to the LIST of July the several deposits will be
paid in coin on the 3Oth of June, and interest on
bonds will begin July !, 1854.
Offers under this notice should bo indorsed "0fer
for Loan" and addressed to the Secretary Of the
Treasury. The right to decline all offers not con-
idercd advantageous is reserved to the Government
s. P. CHASE,
jes-d&wtd Secretary Of the Treasury.