The Democratic press. (Eaton, Preble County, Ohio) 1860-1865, 1864-09-22
III 7-SO lOAN

vi NC OgENIN8Ny ID"I12 L.
iee thai subscriptions will be received ~
Coupon T~rsasary Notes, payabia thres years
from Aug l5.h, 1864, with seni-annual in
eres, q the rate of seven and three-tenths
per cent. per annum, principal and inter
esibOth to he raid y he paid ~ LAWFUL
oney.
These notes will be convertible at tbe
option Of the holder al maturity, into NS
per cent. gold bearing bonds, PaysSis o1
ess thaa dive nor more than twenty ysai,
from their date, asthe goverkment may eject
hey will be issued in determinations Of $5O
LlQO. $500. 8. oOO. 81, oOO, and all HubscriP
ons m1st be- for fifty dollars or some ~vl,
tiple oil fifty dollars. ~
The notes: will be transmitted 10
the owners ftseef, transportation ehArEe
sess4ssg0n after lie receipt Of he original Ger \
ii6eales of desposit as they can be prepared.
As thu notes draw interest from AuguSr
l5,.persOns making 'dtpOsitS Subsequent to.
that date must paytheidte restaecrued from
fdate of note to date of deposit.
Parties depositing twenty-five thdpsan
dcllar, and upwards for these notes at any
Lone tine viii be allowed 10 cQngptissieSS B
oue quarter Of one per cent, whisd will be
paid BY the Treasury Department uisH w. ",
receipt of b II for the samonDt ecrtl6edbll 10
BY the oficer-with whom the dcpOsit wal
made. No deductions for commission'l pti
be made from the deposits. aa4
pEcIALADvANTAGEs oETHISL0AN1
IrisAN vrroSA, SAviSos BANK, offering .
|, higher rate of interest than any other, AID
hs best security. Auy savings bank which
pays its depositors inU. s. NOtss,Ed OHsider'
that it is paying in the beStcircaladhg me
dun of he country, aud it cd"nO% Pay II
anything better, for its OWE assets are oiihc'
lin government, securities or IN notes q
bonds payable in government securities or u
notes or bonds payable in government pa
er.
~ tits equally con venient as u temporary 81
permanent investment. The. notes can o.
ways,bc sold for within a fraction Of tho
! 4 ace and accumulated interest, AL are u
e best security with banks as collat"rals
r discount. - ..5sb7N
n Il I g 5vu ru
q Convertible into Sir per cent, sl2r
-,ass Gold Bond.
, In addition 10 the very liberslinterest VI
. the notes Tor three years, this privilege q
{ conversion is now worth about three PEI
Boent. per annuin, for the current rate for 5
80 bonds Is not less than nine yer ceE'
} MUM, and before the war the premiu0 81
six per cent. U. S. stocks was over twsnt.
Ne pei, cent. 1t will be seen that the Sstus
% profit on this loan, atthe present market rata
!. is not less than ten per cent. per AAnun.
n Its eremtion' from State or Manisj
he tsrR nal STdEatioR.9 ifis}si'
Bit side from all the advantages We Ia,
) enumerated, . special Act OF Congress ~
~ empts at bonds and Treasury notes from
. cal taxation. On the average, this exemI
Be ton is worth about two per cent per aenuu
according to the rate OF taxation in Variou
p parts of the country. ''A
in 1t is believed that no .securities offer
IN great inducements TO lenders as those issu,
or BY the government. In al other forms
" Indebtedness, the faith or ability Of privA
paftes, or stock companies Or sePara
a. communities, only, is pledged for payne'
IN while the whole property Of the country
held to secure the discharge ofall The q
OF the United Stasesend ~ sr no,
q g While the government offers the rostI
ersl terms frr its loans,ait behaves, that I
vary strongest appeal will be to tho loya
.bv and patriotism Of the people, -,
ain Duplicate certificates viii be issqel forL
we deposits. The party depoSiting n ust
dorse upon the ~origindt certificate the
in nomination Of notes required, and whetl
Q they are to be issued in blank or payable
order. When 80 endorsed il must br J
4 Withthe officer receiving the deposit, TO
ing forwarded to the Treasury Department d
Die, SUnacnipr,oNs VIII. M RTcp(TnD by the Tr