The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1864-02-03
CONNECTIONS.
UNITED STATES 5-2OS.

The Secretary OF the Treasury has not yet given no
tics OF any otsnton TO withdraw this popular Loan
from Sale At Par aud until days notice IS given, the
undersixned as GENERAL SUBSCRIPTION AGENT
will eoatinuc TO supply the public.
The whole amount or ths Loan authorized is Five Hun
arsd Millions OF Dollars Nearly Four Hundred Millions
have boon already subscribed for and paid into the
Treasury, mostly within the last seven months The
large demand from abroad and the rapidly Increasing
home demand FOR the basis FOR circulation by Ma
tnnal Banking Associations now organizing 10 all parts
Of the country WILL in very abort period, ABSORB the
balance sales have lately ranged from ten to fifteen
millions weekly, frequently exceeding three millions
daily and as Il Is wall that the Secretary Of the
Treasury has ample and unang resources In the Duties
on Imports and nterual Revenues and ia tho issue Of
the Iaterest bearing Legal Tender Treasury Notes II
almost certainty that he will not hnd 1t necessary ior
q long tins 70 come TO seek market FOR any other
long permanent Lolns the Interest and Principal oil
which are Payable in Gold.
Prudence and self interest must force the minds Of
those contemplating the formation OF National Banking
Associations as well the minds OF all who have idle
moaey on their hands. 10 the prompt conclusion that
they should lose no tImo subscribing 10 this most
popular loan Il viii be beyond their reach, and
advance TO handsome premium as was the result Will
the " Twenty Loan, when 1t was all sold and
Hha six per Cent Loan, the Interest and Payment
payable In Coin thu. yielding Nine per Cent pei
annum at the present rate OF premium colo.
The Government requires all duties on imports TO b
paIa IA Coin; these duties cave for long time pas
amounted 10 over Quarter OF aMllon Of Dollars daily
sum nearly three times CRATER than that required
the payment OF the interest on all the s2os and cthe
pormanent loans 20 that t is hoped that the .nrplr
Uoga Ia the Treasury at no distant day, will enable n
Uned states TO specie pay msns upon all lAoi
nss.
The Loan IS called SEQ from thu fact that whilst th
Bonds may run for 20 years, yet ths Government ha
Alright TO pay them o in Gold at par at any time aft'
5years.
The Interest paid half yearly, viz on the first day
OF November and Nay
Subscribers can have Coupon Bonds, which are pay
bic TO bearer, and ara sse %, $500, and 81 900;
Registered Bonds OF same denominations and in add
tioo oON and $4,000. For Ranking purposes and I
Investments Of Trust monies the Registered Bonds Al
preferable.
These 5o0s cannot be taxed BY States, cities, town
or esuatcs and the Government TAR on them IS on
one-and-ahalf per cent on the mount OF nereas
when the income Of the holder exceeds Six Hundred
lars per annum all other investments such IS incor
from Mortgages, railroad stock and Bonds, &c must p
from three to nve per cent tax on the ineoms
Baaks aud Bankers throughout the country Will &C
tinns to dispose Of the Bonds and all ordsrs BY mail
otherwise promptly attended to
The ncoavenience OF few days delay in the delivs
Of the Bonds s anavoi iable thu demand being gre
bet as interest commences from the day OF .abscrp,
no losss oceasionsd, and avery s1ort is bsng made
diminish the delay.
JAY COOKE, Subscription Agent,
III South Third Street Philadelphia
Phiia3slphia, Nov. IS. 1858 450m,