The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1864-02-03
u. s. 5-2O,S.


- " = q = - i i 4 az
THE SECRETARY OF TIE
TREASURY has not yet given notice of
any intention to withdraw this popular
Loan from Sale at Par, and until ten days
notice is given, the undersigned, as
NEUTRALITY-SUSPICIOUS. AGENT
will continue to supply the public.
The whole amount of the Loan author
zed is Five Hundred Millions of Dollars
NEARLY FOUR HUNDRED MIL.
LIONS HAVE BEEN ALREADY
SUBSCRIBED FOR AND pam
INTO TOTHETREASURY; mostly within
the last seven month. The large demand
from abroad, and the rapidly increasing
home demand for use as the basis for cir.
culation by National Banking Associa-
tions now organizing in all parts of the
country, will, in very short period. alb.
sorbthe balance. Sales have lately RANGED
from ten to fifteen millions weekly. ire.
quently exceeding three millions daily.
and as it is well known that the Seereta
ry of the Treasury has ample and unfail.
ing resources in the Duties on In,rorts
and Internal Revenues, and in the is.ue
ct the Interest bearing. Legal Tender
Treasury Notes, it is almost a certainty
that he will not find it necessary, for u
long time to come, to seek, a market for
any other long or permanent Loans, THE
INTEREST AND PRINCIPAL OF
WHICH ARE PAYABLE IN COLD.
Prudence and self interest must force
the minds of those contemplating the
formation of National Banking Associa-
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 sSeven Thirtyr' Loan.
ween it was all sold and could no longer
bh subscribed for at par. ffr',saslaI
1T is A SIX PER CENT LOAN.
TIE INTEREST AND PRINCIPAL.
PAYABLE IN COIN, THUS YIELD.
ING OVER NINE PR CENT. PER
ANNFM at the rate Of premium ON
+ coin.
& The Government requires all duties on
) imports to be paid Coin; these duties
have for long time past amounted to
, over q Quarter of a Million of Dollars
daily, sum nearly three times greater
than that required in the payment of tie
interest on all the 52Os aud other ne,
! tmanent Loans. so that il is hoped tba,
> the surplus Coin ill the Treasury, at ne
distant day. wiHenahle tho United State,
to resume specie payments upon all liza
bilities. s'fsaf ~
: Tie loan is called ). 20 from the fac
' that whilst the Eunds may run for q
Il years vet the Government has a right :,
n pay them oil IN soia AT par, at ANY TIM.
after Years. y Gfl5gr
THE INTEREST is PAID HALF.
lIARi-Y \. Vi: ON the frst days oi Nuv
ember and May.
= Subscribers have Coupon Bonds, wi, !
are PAYABLE to hearer. ard are $50 Sit,
Ssu. ana SloUu; ot Registered Bonds o
same denominatians, and in addition
S1U00 and SlU000. For Bank ing pur.
Ifuses and for inves tmenls of Trust monte,
the r"sistcred hohds hre prerersblc,
These 5.20 cannot be taxed by States.
. cites, towns or counties. aud the Govern
ment tax ON them is only one and a.halt
i per cent on the amount of income, when
the income Of the heldcr exceeds six Hun
dred dol RS ler annuhr; all other invcs .
, ments such as income from Mortgages,
Railroad Stock and Bonds ETC.. must pa
from three to five per cent tax on the in-
come.
Banks and Bankers throughout the
Country will continue to dispose Of the
I Ronds; and all orders by mail. or other.
: = Wire promptly attended to. ss2 eidtl
The Inconvenience ofa few day .dolh y
t in the delivery ef the Banks is unavoids.
' BILE, the demand being so great; but as in
terest commences from the dav cffsul.
scrtption, no less is oecasioned and every
effort is made to diminish the. delay.
t99a'0 s,yslg9ii JAY COOKE,
Subscription Agent
14soUTH THIRD STREET, PHILApELfxII