The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1864-08-30
q. s. 7-3O Loan.

VI y, e~OV 4UdAA.
Tbs Secretary = TIE Trcaary gives notice
that sasrunp,iau, Vii y received for CouPos
Treasury Noies payable tares year lrusn Aas.
isth, ises. vita seml-,anual Interest q, tie
rate q seven ana throe-tsuihs percent. per 40.
nam. --pripeipsl and latesssi beta q b paid ia
isvtal noasy.
These netes Vii b saavsf,ihs 4, Tie option
# the boldef Al rGud,y, inio sz per cent.
sold bearing bombs, payable r., les than Eve
nor more ,han twenty yesr, from date. :. the
Goverumen, may elect. They viii DO issued
ii denominations q sso, 500, $500 $1,000
and $ 900, and al subscriptions must be io5
6f,y dollars Of some multiple q aly dollar.
The notes win be transmitted to the owners
free Of transportation charges As soon aflcr the
receipt Or the original ccriaesies q Deposit as
they can be prepared.
As the notes draw Riercs, from August 10,
persons making deposits subsequent to that
date must pay the interest accrued from date
of note to date Of deposit.
Parties depositing twenty-five thousand do.
lars and upwards for these notes at one time
viii be allowed a commission Of one quarter Of
one per ceut., which will be paid by the Treas
urv Department upon the receipt Of bill for
the amount, certified to by the ofic with
whom the deposit was made. No deductions
for commissions must be made from the de-
posts.
SPECIAL ADVANTAGES OF THIS LOAN.
ITIsA NATIONAL SAVINGS BANK, offering
higher rate Of interest than any CHER and
the best security. Any savings bank which pays
its deposliors in U. S. Notes, considers that it
is paying In the best circulating medium Of the
country, and it cannot pay in anything better,
for It. own assets are either ir government So
curities or in notes or bonds payable in govern
ment paper.
1t is equally convenient as a temporary or
permanent Investment. The notes can always
be Sold for within fraction q thsir face and
accumulated Interest, and are the best securi-
/ ~ with banks as colla.erals for discounts.
Convertible into sir per cent. $40 Gold Bond
/ In addition to the very liberal interest on the
notes for three years, this privilege Of CONVEX
sion is now worth about three per cent. per an
mum, for the current rate for $40 bonds is not
less than nine per cent. premium, and before the
war the premium on six per cent Z. 5. stocks
was over twenty per cent It will be seen that
the actual profit on this loan, at the present
market rate, is not less than ten per cent. pei
annum.
lis Exemption from state or Municipal
Taxation.
But aside from all the advantages we have
enumerated, special Act Of Congress exempt
all Joads and Treasury notes from local taxation
On the average, this exemption is wortl
about two per cent. per anLum, according t.
the rate of taxation in varisos parts Of th'
country.
II is believed that nc securities offer so grea
inducements to lenders as those issued by tht
government. In all other forms Of indebted
ness, the faith or ability Of private parties, Oh
stock companies, or separate communities, on
", is pledged for payment while the whole
property Of the country is held 10 secure th'
discharge of all the obligations of the United
States.
While the government offers the most liberia
terms for its loans, it believes that the very
strongest appeal will be to the loyalty and pat
riotism Of the people
Duplicate certificates win be issued for al
deposits. The party depositing must endors'
upon the original certificate the denomination
Of notes required, and whether they are to b.
issued in blank or payable to order. When $
endorsed it must be left with the officer reciv
ing the deposit, to be forwarded to the Treas
ury Department.
SUBSCRIPTIONS WILL BE RECEIVED by th
Treasurer Of the United States, at Washington
the several Assistant Treasurers and designai
ed Depositaries, and by the
First NatiOnl Bank Of Bennington, "
]" /" North I"
and BY all National Banks which are deposits
ries Of public money, and
ALL RESPECTABLE BANKS AND BANKER
throughout the country will give further il
formation and
AFFORD EyERYFAciLtTY TO SUBSCRIBER
DIR AXES PATENT