The Democratic press. (Eaton, Preble County, Ohio) 1860-1865, 1864-08-18
U. s. 7-SO LOaN.

The Secretary of the Treasury gives not
ice that subscriptions viii be received for
Coupon Treasury Notes, payable three years
from Aug. 18Th, 1861, with scmi-annual in
teres a the rate Of seven and thrco.tcnths
per cent PER annum, principal and inter.
est both to be paid to be paid il lawful
money.
These notes viii be convertible at the
option of Tho holder at maturity, into six
pr cent gold bearing bonds, payable no
less THAI five nor moro than twenty yeni
from their date, as the government may eject
They VIII be issued in den'mina'io's Of IS .
800 $500, 1900, $4,000, and all subscrip-
to ms must b" for fifty dollars or some mal,
tiple OF fifty dollars.
The n,tess will be transmitted to
the owners free OF tran Importation charge
as soon after the receipt ofthe original Ger
~tifcates of desposit as they can be prepared.
AS tho notes draw interest from August,
g., persons making deposits subsequent TO
that date must pay the irte restaccrued from
date of note to date Of deposit.
Parties depositing twenty-five thousand
d liars and upwards for these notes at any
one tine viii be allowed o comm ssion O
enc quarter of one per cent, which will be
paid by the Treasury Department upon the
receipt of q b Il for the amount certified to
by The aficessWith whom the deposit was
made No DEDUCTIONS for commissions mas
be made from the deposits.
IT IS A N .TIoyA' SAVINGS BANK, offering n
higher rate of interest than any other, and
he best security. AIRY SAVINGS bank which
pays its depositors in I. 8. Noes, considers
that it is paying in the best circulating me
dunn of he country, aud it cannot pay IL
anything better, for its own assets are either
in government securities or In II otes oil
bonds payable in government securities or il
notes CT bonds payable in government pa
per.
1t is equally con %yenicnt as q temporary on
permanent investment. The notes can al
WAYS be sold for within a fraction Of theil
face and accumulated interest, and ara The
best security with banks as collaterals 70
discount.
!, Convertible into Sir per cent. 500
GcM Bond.
In addition 10 the very liberal interest on
the notes Tor three years, this privilege o
conversion is low worth about three per
Hocnt per apnLm, for the current rate for 5
~ bonds is not less than nine per ceut.
MUM, and before the war the premium on
six per cent. U. 5. stocks was over twent,
per cent. 1t will be seen that the actua
profit on this loan, at the present market rat,
is not less than ten per cent. per anuum.
Its ercmhOn from State or Munici
PAL TaTation.
Bat u side from all tie advantages we hay
enumerated, a special act of Congress, ca
emp's da bonds anil Treasury notes from L
ic1I taration. On tho average, this cxcmI
tian is,worth about two per cent. per aunuu
according ia the rate OF taxation in yariou
parts Of the country.
1t is believed that no securities cffer S
great inducements to leulers as those issue
by he govern mem, In all other forms {
Indebtedness, tn faith or ability of privat
parties, or stock companies, or scpsrat
communities, only, is pledged for raymel
while the whole property CT the country j
held TO secure the discharge Of all the obi
cations OF the United STATES.
While the government offers the rost Ill
eral terms for ia loans, it believes that tn
very strongest appeal viii be to the loyalt
apd patriotism of the rcoule.
Duplicate certificates will be issued for o
deposits. The party depositing y ust e
} dprse upon the original certificate the d
pomipation Of notes require d, and whetbe
they ore to be issued in blank or payable
order, When 80 endorsed il must be lie
: with the officer receiving the deposit, to
forwarded y the Treasury Department.
SuBscsIPFl9sa WILL BE RECEIVED by aha IRE.
surer Of ihA URted States, At Washingto
the several Assistant Treasurers and desi
!: mated Dapositaries, aid by the
F rst National lRlenk Of Dayton.
First National Bank of Hsmilton,
and BY all National Banks which are depo
~itaries ofpuSlic money, and
l AN respectable Banks and Bankers
throughout the country will give further il
formation anu
Afford eOery faciliy to Subscribers
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