Orleans independent standard. [volume] (Irasburgh, Vt.) 1856-1871, 1864-01-08
e S. 500 s

TuE SECRETARY OF THE Treasury has not
yet given notice of any intention TO withdraw
this popular Loan from Sale at Par, and until
after ten days notice has been given, the under
signed rs AGENTS FOR THE SALE or THE
BONDS, will continuc to supply the public.
The whole amount Of the Loan authorized is
Five Hundred Millions of Dollars. NEARLY
Four HUNDRED MILLIONS HAVE BEEN ALREA-
nY SUBSCRIBED FOR AND PAID INTO THE TREAS
UnY, mostly within the last seven months. The
large demand from abroad, and the rapidly in
creasing home demand for use as the basis fol
circulation by National Banking Associations,
now organizing in all parts of the country, will,
in very short period, absorb the balance. Sale
have lately ranged from ten to fifteen millons
weekly, frequently exceeding three millions
daily, and as it is we'll known that til Secretary
Of the Treasury has ample ami unfdIing re-
sources in the Duties and Imports and Internal
Revenues, and in the issue of the Interest Bear
ing Legal Tender Treasury Notes, it is almost g
certainty that he will not find it necessary, foi
a long time 10 come, to seek Il market for any
o her long or permanent Loans, THE INTEREST
AND PRINcIrAL OF WHICH ARE PAYABLE IN
GOLD.
Prudence and selcin'erest must force the
mind, of those contemplating the formation Of
National Banking Associations, as well az the
minds Of all who have idle money on thciI
hand to the prompt conclusion that they should
lose no time in subscribing to this most popular
Loan. 1t will soon be beyond their reach, and
advance 10 handsome premium, as was tn,
result with 'hc "Scvcn Thirty" Loan, when
was all sold and could no longer be subscribed
for at par.
IrlsA SIX PR CENT. LOAN, THE INTEREST
AND PRINCIPAL PAYABLE ~ Con-, Turs YIELD
ING OVER NINE PR Cent. PrIl ANNUM at the
present rate Of premium on coin.
The Government requires all duties on In
ports to be paid in coin, these duties have fora
long time past amounted to oyer.a
QUARTER o. MILLION OF DOLLARS DAILY,
a sum nearly three times greater than that re-
quircd n the payment Of the interest on all tho
j-20's and other permanent Loans. So that ii j.
hoped that the surplus Coin in the Treasury, at
no distant day, will enable the United States t.
resume specie payments upon all liabilities.
ThtLoan is called 500 from the fact that
while the Bonds may run for 20 year,, yet the
Government has right to pay them off in Gold,
at par, any time after years.
THE INTEREST Is PAID HALF-YEARLY, viz on
the FIRST days Of November and May.
Subscribers can nave Coupon Bonds, which
are payable TO bearer, and are $50, Sl00, $500,
and 81 600; or Registered Bonds Of same dc
nominations, and in addition, 5000 and SlO,-
OJ0. For Banking purposes and for investments
Of Trust monies, the Rcg%crcd Bonds are
preferable.
These 5-2O's cannot be taxed by States, Cities,
Towns, or Counties, and the Government tax
on them is only one and half per cent. on incl
amount Of income, when the income of the ho-
der 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 tlcI
income.
BANKS AND DANKEHs throughout the cotn-
try viii continue to dispose Of the Bonds and
all orders semitic Us direct by mail, or otherwise
VIII be promptly attended to.
The inconvenience Of a few days delay in the.
delivery Of the Bonds is at times unavoidable,
The demand hcire so great; but as interest com
mcuces from the day Of subs crption, no loss i,
occa,ioned, and every effort is beng made t.
deliver the Bonds as promptly as possible