The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1864-01-20
CONNECTIONS.
UNITED STATES -2O'S!

The Secretary Of the Treasury has not yet given no
tioe Of any intention withdraw this popular Loan
from Sale Par and until ten days notice IS given the
undersigned as " GENERAL SUBSCRIPTION AGENT
viii continue to supply the public.
The whole amount Of the Loan authorized is Five Hun
dred Millions Of Dollars Nearly Four Hundred Millions
have been 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 Va
tonal Banking Associations organizing in all parts
Of the country will, in very short period absorb the
balance Sales have lately ranged from ten to fifteen
millions weekly frequently exceeding three millions
daily and as it well known that the Secretary Of the
Treasury has ample and unfsng resources in the Duties
On Imports aud Internal Revenues and in the Of
the Interest bearing Legal Tender Treasury Notes Is
almost certainty that he will not find it necessary for
long time come to seek a market for any other
long permanent Loans the Interest and Principal Of
which are Payable m Gold
Prudence and self interest must force the minds Of
those contemplating the formation Of National Banking
Associations well the minds OF all who have idle
money on their hands, 10 tho prompt conclusion that
they should lose no time in subscribing to this most
popular Loan Il will be beyond their reach, and
advance to handsome premium, as was the result with
the seven Twenty ' Loan when it was all sold and
lisa SIX per Cent Loan, the Interest and Payment
payable Coin, thus yielding over Nine per Cent per
annurn at the present rate OF premium on colo.
The Government requires all duties on imports to be
paid In Coin these duties have for a long time past
amounted TO Quarter OF Million Of Dollars daily
sum nearly three times Crater than that required in
the payment OF the interest all the 52Os and other
permanent loans that it hoped that the surplus
Coin IN the Treasury distant day, will enable the
United states % resume specie payments upon all liab
tiles.
The IoarAs called 20 from the fact that whilst the
Bonds may run for 20 years yet the Government has
right pay them or in Gold at par At any time after
5years
The Interest paid hafyearly, viz on the nrst days
Of November and May.
Subscribers can have Coupon Bonds, which are paya
Die 10 bearer and are $50 500 $500, and s. 900; or
Registered Bonds OF same denominations, and in add
ton 900 and $1,000 For Banking purposes and for
Investments Of Trust monies the Registered Bonds
preferable.
These 5eos cannot be taxed by states. cities towns
or csuntles and the Government tax them IS only
one-anda-han per cent. on the 4 mount OF increase
when the income Of the holder exceeds SIX Hundred dol
lars per Aanum; all other investments such income
from Moriages Railroad stock and Bonds &c must pay
from three % hvc per cent. tax on the income
Banks and Bankers throughout the country viii con
tnue TO dispose of the Bonds and all orders by mail
otherwise promptly attended To-
The Inconvenience O few days delay in the delivery
OF the Bonds Is unavoidable the demand being SO great
but as interest commences from the day Of subscription
no loss IS occasioned and every effort is being made L
diminish the delay.
JAY COOKE, Subscription Agent
ia South Third Street, Philadelphia.
Philadelphia, Nov. IS 1868 45om3