The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1864-02-25
u. s. s. 2OS',
Stroudsburg, Feb. IL 1864.
,rae Secretary OF The T'rcn..sr,

n >
u las not yet given notice of any intention Il
y withdraw this popular Loan from Sale a
Par, and until ten days notice is given, the
undersigned, as ''GeEscraI su1scrip.
iiou AGENT viii continue to supply
the public.
The whole amount of the Loan authorized
is Five Hundred Millions of Dollars. Near.
| Is EGHr ks1EndrcG TsiiiiOus have
been already sTIb>cri5ed fer ai. Il
paid Into iise Treasury, mostly
! within the last seven months The large
demand from abroad, and the rapidly in
creaslng home demand for use as the basis
for circulation by National Banking Asso-
cations now organizing in all parts of the
country, will, In very short period, absorb
the balance. Sales have lately ranqed from
ten to fifteen millions weekly, frequently
exceeding three millions daily, and as it is
well known that the Secretary of the Trea-
sury has ample and unfailing resources in
the Duties on Imports and Internal Reve-
nues, and in the issue of the Interest bear
ing Legal Tender Treasury Notes, it is al
most a certainty that he Will not find it ne
cessary, for long time to come, to seek
market for any other long or permanent
loans. THE INTEREST AND PRINCE
PAL OF WHICH ARE PAYABLE IN
GOLD.
Prudence and self interest must force +
minds of those contemplating the fo-.oSs
Of National Banking Association - well
as the minds of all who have lie laie money
on their hands. to the rr-Oinpt conclusion that
,bay Sborld Iose ,,l0 time In subscribing TO
tb;c r,,st - ,,o,..,,zSr Loan 1t will soon be be-
vond tL-dIf reach, and advance to a hand
o,...e premium, as was the result with the
"Seven Thirty" Loan, when it was all sold
and could no longer lie subscribed for at
par.
IL IS a Six per Cent Loan. The
Interest aud Principal payable
iu Coin, thus yielding ever Min.
per Cent. per ;lnIsu,n at the present
rate of premium on coin.
The Government requires all duties on
imports TO be paid in Com; these duties have
for a long time past amounted to ovar
Quarter of Million Of Dollars daily, sum
nearly three times greater than that re-
CURED in the payment of the interest on all
the 5-20's and other permanent Loans. Sol
that it is hoped that the surplus Coin in the
Treasury, at no distant day, Will enable the
United States to resume specie payments up
on all liabilities.
The Loan is called 500 from the factI
that whilst the Bonds may run for 20 years
yet the Government has right to pay them
of In Gold at par, at any time after years |
The EHicrcss in paid haif.year-
fy, VIZ: on the first days of November and |
May.
Subscribers can have Coupon Bonds, |
which are payable to bearer, and are $50,
500, $500, and $1,000; or registered Bonds
of same denominations, and in addition, S.
900, and $4,000 For banking purposes
and for investments of Trust-monies the
Registered Bonds are preferable
These 5-2O's cannot be taxed by States
cities, towns or counties, and the Govern
nent tax on them is only one-and-a-half per
cent, on the amount of income, when the
income of the holder exceeds Six Hundred
iollars per annum all other investments.
such as income from Mortgages, Railroad
Stock and Bonds, ETC., must pay from three
o five per cent tax on the income.
Banks and Bankers throughout the Coun-
ry will continue to dispose of the Bonds
nd all orders by mail, or otherwise, prompt (
Y attended to. F,
The inconvenience of a few days delay !
q the delivery of the Bonds is unavoidable, 5
he demand being so great; but as interest !,
from the day of subscription, no
ess is occasioned, and every effort is being !
lade to diminish the delay.
JAY COOKE.
SUBSCRIPTION AGENT, 4
II4 South Third Gtreet, Philadelphia. !,
december 3, 1863