The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1864-04-14
u, S, 20'S.

eskC secretary Ss ts2s' scaHVbs
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 s'Gcnerisl sMbscrip-
lion AGENT" will continue TO supply
the public.
The whole amount of the Loan authorized
is Five Hundred Millions Of Dollars. Near
iy Four ERus.drees Millions have
hecn already s3sDscriGCd for ana
paid into The Treasury. mostly
within the last seven months. The large
demand from abroad, and the rapidly IN
creasing home demand for use as the basis
for circulation by National Banking Asso-
Citations now 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 1t Is
well known that the Secretary OF the 1rea-
surv has ample and unfailing resources IN
the Duties on Imports and Internal ReVe-
nues. and in the issue of the Interest bear
inc Legal Tender Treasury Notes, it is al
most a certainty that he will not find 1t net
cessarv. for long time to come, to seek a
market for any other long or permanent
loans. THE INTEREST AND PRINCl-
PAL, OF WHICH ARE PAYABLE IN
GOLD.
Prudence and self interest must force the
minds of those contemplating the formation
of National Banking Associations, as we'll
as the minds of all who have the idle money
on their hands, to the prompt conclusion that
they should lose 10 time in subscribing to
| If will bn bp-
vond their reach, and advance to hand
some premium, as was the result with the
"Seven Thirty Loan, when 1t was all sold
and could 10 longer be subscribed Tor at
par.
III is a SIX per Cent Loan, tie
Interest anG EsriIsciPaI payable
in Coin, tiaus yielding ever Elne
Der Cent. per ;snaHssa at the present
rate of premium Oh 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-
quired in the payment Of the interest ON all
| the 5-20's and other permanent Loans. 30
that it is hoped that the surplus Com 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 fact
that whilst the Bonds may run for 20 years
vet the Government has right to pay them
off in Gold at par, at any time after years.
The Bn:eress is paid aassis-yclr-
Nv, viz: on the first days of November and
May.
Subscribers can have Coupon Bonds,
which are payable to bearer, and are 800,
500, $500, and $1,000; or registered Bonds
of same denominations. and in addition. 50,
600. and $4,000 For banking purposes
and for investments of Trust-monies the
Registered Bonds are preferable.
These 5-20's cannot be taxed by States,
cities, towns or counties, and the. Govern
rnent tax OH them is only one-and-a-half per
cent, on the amount of income, when the
income of the holder exceeds Six Hundred
dollars per annum all other investments,
such as income from Mortgages, Railroad
Stock and Bonds, ETC., must pay from three
to five per cent tax on the income.
Banks and Bankers throughout the Coun-
try will continue to dispose of the Bonds ;
and all orders by mail, or otherwise, prompt
ly attended TO-
The inconvenience of 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
less is occasioned, and every effort is being
made to diminish the delay
JAY COOKIE,
SUBSCRIPTION AGENT,
ia South Third Gtreet, Philadelphia,
December 3, 1863.