The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1864-11-11
80. LOAN.

that subscriptions will be received for Coupe
" Treasury Notes, payable three years from Aug
9th, 1864, with semi annual interest ct the rate
of seven and three-tents per cent, per annum, =
principal and interest both to be paid in lawfu
money I3J3#&{{ &
These notes will be covertible at the option
Of the holder at maturity, into six per cent,golt
bearing bonds, payable not less than i've moi
more than twenty years from their date, as thu
Government may elect They will be issued il
demo. .nination of $50, 800, $500, 81 900 and
$4,000, and all subscriptions must be for fifty
dollars o. some multiple of fifty dollars.
The notes will be transmitted to the owners
free Of transportation charges as soon after the
receipt of the original Certificates Of Deposit as
they can be prepared.
As the notes draw interest from August Is,
persons making deposits subsequent to that date
must pay the interest accrued from date of note
TO date of deposit.
Parties aepositing twenty five thousand dol
lars and upwards for these notes at any one time
will be allowed commission of one-1 quarter of
one per cent, which viii be paid by the Treas
ury Department upon the receipt Of a bill itar
the amount certified to by the off:er with whom
the deposit was made. No deductions for
commissions must be made,f1om the deposits.
SPECIAL ADVANTAGES or THIS LOAN. !
1t is National Savings Bank, offering
higher rate Of interest than any other, and THE
BssT sEounIrY. Any savings banks which pays
its depostors in u. s. Notes, considers that it is
paying in the best circulating medium Of the
country, and it cannot pay in anything better,
for its ewn assets ere either in government secu-
rites or in notes CT bonds payable in govern
ment paper. sA@ ~@ 4
1t equally convenient az temporary or per
investment. The notes can always be
sold for within fraction of their face and ac-
eumulated interest, and are tho best security
with banks as collaterals for discounts.
CONVERTIBLE INTO A SIX PER
CENT $40 GOLD BOND.
In addition to the very liberal interest on the
notes for three years, this privilege of conversion
s now worth about three per cent. per annum,for
the current rate for 500 Bond. is not less than
nine per cent. premium, and before the war the
premium on six per cent. U. S.stocks was over
twenty per cent. 1t will be seen that the profit
IN this loan, at the present market rate, ID not
less than ten cent, per snnum,
[rs EXEMPTION FROM STATE OR MUNICIPAL
g SO IG0TAxATIoN. tae Il
But aside from all the advantages we have
special Act Of Congress exempts
III bonds and Treasury notes from local taxation.
On the average, this exemption is worth about
,wo per cent per annum, according to the rate
If taxation in various parts of the country.
1t is Believed that no securities offer So great
Inducements to lenders as those issued by the {
government. In all other forms Of indebted h
,ess, the faith or ability of private parties, or
ltock companies, Or seperate communities, only I
IS pledged forpayment, while the whole prop
.rty of the country is held to secure the dis I
,harge Of all the obligations OF the United
States. ws /
Will the Government offers the most liberal ,,
terms for its loans, it believes that the very |
strongest appeal will be to the loyalty and pa
triotism of the people.
! Duplicate certificates will be issued for all
deposits. The party depositing must endorse
upon the ORIGINAL certificate the denomination
of notes required, and whether they are to be
ssued in blank or payable to order. When so
endorsed it must be left with the officer receiv-
ing the deposit, TO be forwarded to the Treasu-
" Department. s
Subscriptions will be received by the Treas {
arer ofthe United States, at Washington, the
several Assistant Treasurers and designated De- /
positaries and BY the q +,
girat Yatiuaal 8aak :
0 0d0 2fe OF
UPPER SANDUSKY, OHIO.
ind by all National Banks which are deposita-
.ies of nnhiiA. money. and