The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1864-01-10
D. :. 5-2O'S

The Secretary Of the Treasury has rot yel
given notice ofRny intention to withdraw his popu
a7 loan from sale al Par, and until ten days notes
is given, the undersigned, a. General subscrip.
ton Agent" viii continue to supply the public.
The whole arioGnt OF the Loen authorized Is Fivs
Hundred Millions OF Dollars. Nearly -Four Eua-
dred Killions have boea already subscribed
faraud paid into the Treasury. mostly within the
iastseven months. Tie largo demand from abroad,
and the rapidly increasing home demand for use as
the basis Tor circulation by National Banking Associ.
stsrs organlzng in al parts ofthe country, viii,
IN very short PERIOD absorb The balance Sales have
lstey ranged nom ten 20 afieen millions weekly, FREE
quenty exceeding three millions daily and as It Is wll
known that tbe Secretary Of the Treasury has smpe
and uBiaIiag resources in the Duties on Imports and
Internal Revenues and the issue OF the Interest
baari Legal Tender Treasury Notes. it is almost a
certainty that he yin not find il necessary for ong
time . come, to seek market for any other long Or
permanent Loans, TIE INTEREST AND PRINCIPAL
Or WHICH AgEPs YABLE II G0LD.
Prudence snd ssifinterest must force the minds O.
those contempt ting tbs formation ofNatio1al Bark
ing Association Is well as the minds Of ali who have
file money On their hands to the prompt conclusion
that they should lose no time in subscribing 70 this
most popular Loan. It viii soon be beyond their
reach, and advlnes 70 a handsome premium, a. was
the result with tie sseven-Thirty Loan when it was
al sold aud could no longer he subscribed for at par
It is a Six per cent. Loan, the Interest and
Principal payable in Gem, thus yielding over
Hius pr Cent. per Amman, at the present rate
Of -emfam on Gin.
The Government requires al duties imports to
be pad in Coin these duties have for a long time
past amounted to over Quarter Of Million Of Dol
lars daily SUN nearly three times greater than that
required in tho payaent Of the interest on all the
COS aud ether permanent Loans. 50 thati is hoped
that the surplus Gin IN the Treasury, a. no distant
day, viii enable the Unted States to resume specie
payments upor ali liabilities.
The LoaU is called $40 ron the fact that whilst the
Bonds may rnn for 20 years, yet the Government has
right to pay Them OF in God, at par, at any time
after 5 years.
The Intetezt IS paid half-yearly, viz : on the
first days Of November and Nay.
Subscriber can have Coupon Sends, which are pay
abe to bearer and are $50 $780, $500, and 81 GOO or
Registered Bonds OF same denominations, and in add
tor, s. 900 and 600. For Banking purposes, and
f)rinvetnents Of Trustmoneys the Registered Bonds
are freleFapie-
These 5-2,'s cannot be taxed BY States, cities
towns or counties, end the Government tax on them
is only one and half per cent. The amount Of in
come, when the income of the holder exceeds six
Hundred Dellars per annum all other investments
s1ch as income from Mortgages, Railroad Stock and
Bonds, etc. must pay from three to i've per cent tax
On the income.
Banks and Bankers throughout the country win con
tinue to dispose OF the Bonds and all orders by mall
or Otherwise, promptly attended to.
The inconvenience OF a few days delay in The de-
livery Of the Bonds is unavoidable, the demand being
great but as interest commences from the day Of
subscription, no loss is ocessoned and every efot
is being made to diminish the delay.
JAY COOKE
SUBSCRIPTION AGENT,
ia SOUTH THIRD STREET, PHILADELPHIA.
Philadelphia, November Is 1868.
dec10-lm-s