The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1864-03-09

= ,
THE SECRETARY -eF@raE
TREASURY has not yet given notice of
any intention to Withdraw this nonulor
Loan from Sale at Par, and until ten davs
notice is given, the undersigned. a.
OBSERVATION-DISCLOSURES
will continue to supply the pubiic.sd
The whole amount of the Loan author
zed is Five Hundred Millions Of Do,,..
NEARLY FOUR HUNDRED Mi
LIONS HAVE ,BEENssaALREIDy
SUBSCRIBED FOR AND pam
INTO THE TREASURY. mostlv v;,l;.
the last seven month. The large dem..J
from abroad, and the rapidly incress;ra
| home demand for use as the basis e., yiSo a;r
culation by National Banking Assoe;s.
| tions now ,oorganizing in all parts of tIe
country, will, In very short period. s.b-
sorbthe balance. Sales have lately r...a
from ten to fifteen millions weekly frs-
quently exceeding three fnillions dailyv
and as 1t is well known that the Secret.,
ry OF the Treasury has ample and unfail-
ing resources in the Duties ON Imports
and Internal Revenues, and in the isme
of the Interest bearing Legal Tender
Treasury Notes, it is almost 4 4 eerrt,;pty
that he will not find it necessary. fora
long time to come, to seek market for
any other long or permanent Loans, THE
, INTEREST AND PRINCIPAI OF
WHICH ARE PAYABLE IN COLD.
Prudence and self interest must force
the minds of those contemplating the
formation of National Banking Associa-
tions, as well as the minds of all who have
idle money on their hands, to the pronvt
conclusion that they should lose no tims
) in subscribing to this most popular Loan
1t will soon be beyond their reach and
advance TO a handsome premium. ava.
the result with the "Seven Thirtyp Ls.p
ween it was all sold and eoald no losrer
bh subscribed for at par
: IT IS A SIX PER CENTsIoAN
THE INTEREST AND PRINCIPAI
p PAYABLE IN COIN THUS YIELD-
ING OVER NINE PR CENT. PER
ANNVM at the rate of premium on
coin. .,. al .f'..,s5aa ssos
The Government requires all duties On
9 imports to be paid Coin; these duties
have for long time past amounted TO
over Quarter Of Million of Dollsrs
daily, sum nearly three times greater
'r than than that required in the payment Of ths
a, interest on all the 520s and other psrl
"a manent Loans. So that il is hoped ths,
" the surplus Coin in. the Treasury, At us
BE- distant day, will enable the United State.
ID bilities - !,
The loan is called 20 from the fss
lE that whilst the Bonds may run fer q
" years yet the Government has a right /,
y pay them off in gold at par, at any sim,
ch after 5 ears. $50 ls5sis ~ s. ysaia
: THE INTEREST rs PAID HALF
r. YEARLY, viz on tho first days Of Nov
=, ember and Nav.
cd Subscribers have Coupon Bonds, whiel
~ are payable to bearer. and are $50 $10l
ne 500. and $1,000; Of Registered Bonds .
on same denominations, aud in addition
NO $4,000 and $4,000. For Banking pur
ro. poses and for investments Of Trust nj ME
m- the registered bonds are preferable iis
lar These 5.2O's cannot be taxed by States
cities, towns or counties, and the Govern
in. meht tax on them is only one and a-hal
XIV per cent. on the amount Of income, wheu
be the income fthe holder exceeds six Hun
1t drcd dollars per annum; all other invest
o'd ments, such as income from Mortgages
ax' Railroad Stock and Bonds, etc., must PAY
IN IN from three to FIVE per cent tax on the IN
Ia come.i hals8auen e1atl.'s 93s4 sssi
nu- Banks and Bankers throughout III
ed, Country will continue to dispose, of II
.sl Bonds; and all orders by mail, or other
Az a; wise promptly attended to.
The Inconvenience ola few days della,
In the delivery of the Banks is unavoids
Bile, the demand being so great; but a. in
:, terest commences from the dav of sub
he scription, no loss is ,eccasioned, and ever,
the effort is made to diminish the delay, ass
the asad JAY COOKE, saa
ak ak i9al zai4'f Subscription Agent.
ent IA sorTH THIRD STREET, PHILADnIpA
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