The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-08-24
.. s. 7-sO LOAN.

The Secretary of the Treasury gives no.
tice that subscriptions will be received for
Coupon Treasury Notes, pay able three
years from Aug. 18Th, 1864, with semi
annual interest at the rate of seven and
three-tenths per cent. per annum,-princi-
pal and int rest both TO be paid in lawful
money.
These notes viii be convertible at the
option of the holder al maturity, into six
per cent. gold bearing bonds, payable not
less than five nor more than twenty wears
from their dale, as the Government may
elect. They will be issued in cenomina.
lions of $50, 500, $500, $1,000 ard SIS, Oo0,
and all subscriptions must be for fifty dol
lars or some multiple of fifty dollars.
The notes will be transmitted 10 tie
ownefs free of transportation charges as
soon after the receipt of the original Ger
t~lficates OF Deposit as they can be prepared.
As the notes draw interest from August
18th. persons making deposits Subsequent
to that date must pay the interest accrued
from date OF note TO date Of deposit.
Parties depositing twenty five dollars
and upwards for these notes a, any one
time will be allowed a commission Of one
quarter of one per cent, which will be
paid by the Treasury Department upon
the receipt OF a bill for the amount, certi-
fed to by the officer with whom the de-
post was made. No deductions for conn
missions must be made from the deposits.
Special advantages of this Loan.
1t is a National Saving Bank, offering a
higher rate OF interest Than any other, and
The best security. Any savings bank which
pays its deposilors in u. S. Notes, considers
tina, it is pay ing in the best circulating me-
dunn of the country, and il cannot pay in
anything better, for ins own assets are eth
er in government securities or in
notes or bonds payable in government,
paper.
1t is equally convenient as a temporary
or permanen; investment. The notes can
always be sold for within d fraction Of their
face and accumulated interest, and are the
best security with banks as collalerals for
discounts.
Convertible into a Sir per cent. $50
Gold Bond.
In addition TO The vary liberal interest on
the notes for three years, this privilege of
conversion is now worth about three per
cent. per annum, for the current rate for
500 Bonds is not less than nine per cent.
premium, and before the war the premium
on six per cent. United States Stocks was
over twenty per cent. II will be seen that
the actual profit on this lean, al The present
market rate, is not less than ten per cent.
per annum.
It's Exemption from State or Municipal
JdT0tiOn.
But aside from all the ADVANTAGES we
have enumerated, a special act OF Congress
exempt all Bonds aud Treasury Notes from
local Taxation. On the average, this ex-
emption is worth about two per cent. per
annum according 10 the rate Of taxation IN
various paris OF the county.
1t is believed that no securities offer 20
great inducements TO lenders as those is-u-
ed by the government. In all other forms
of indebtedness, the iaits or ability Of pri-
vale parties, or stock companies, or sepa-
raIe communities, only, is pledged for
payment, while the whole properly OF the
country is held TO secure the discharge of
all the obligations of the United States.
While the gofernment offers the most
liberal terms for iis loans, il believes that
the very strongest appeal will be the loyalty
and patriotism OF The people.
Duplicate certificates will be issued for
all deposits. The party deposi.ing must
endorse upon the original certificate the
denomination of notes required, aud wheih-
er they are TO be issued in blank or paya-
bic 10 order. When so endorsed il must
be left with the officer receiving the depn-
sit, TO be forwarded to the Treasury departs
menl.
Subscriptions will be received by the
Treasurer of the United States, al Washing
ton, The several Assistant Treasures and
designated Depositaries, and by the
First National Bank
Of Bloomsbury, Pa.
And all National Banks which are deposit
taries OF public money, and all respectable