The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1864-12-07
u. s. 7-3O LOAN.

The Secretary ofthe Treasury gives notice
that subscriptions will be received for Coupon
Treasury Notes, payable from Aug. 18th, 1854
with semi annual interest at the rate tseyen
and three-tentEs per cent. per annum,-prin-
cipal and interest both TO be paid IN lawful
mopey. ww
= These notes will be convertible atthe option
Of the holder at maturity, into Six per cent.
gold bearing bonds, payable not less than i've
nor more than twenty years from their date,
as the Government may elect. They will be
issued ingdenOmi1ationsy yof$50. 500, $500,
$1,000 ard 5000, ,andaH subscriptions must
be for fifty dollars Or some multiple OF hity
dollars.
The notes will be transmitted to the owners
free of transportation charges as soon after
the receipt Of the originaLCertlhcate5 OF De-
posit as they can be prepared
AS the notes draw interest from August H.
persons making deposits subsequent to that
date must pay the interest accrued from date
ofnote toadate of deposit. &
Parties depositing twenty-five thousand
dollars and upwards for these notes at any one
time will be allowed q commission OF one
quarter of one per cent, which will be paid
by the Treasury Department upoD the receipt
of the bill for the amount, certified to by the
m officer with whom the deposit was maze. No
Deductions for commissions mustebe made
:. from-the deposits. seg 70
.SPECI4L ADV1NTAGE Of this LOAN.
1t is National Savings Bank, Offering a
higher rate of interest than any other, and
the best security. Any savings bank which
pays its depo:itors in U. S. Notes, considers
that it is paying in the best circulating me-
dunn of the country, and it cannot payin any
thing better, for its own assets are either in
government securities or ~ notes or bonds
payable in government paper
1t is equally convenient a9 temporary or
permanent investment. The notes can al
79ays be sold for within fraction of their
face and accumulated interest, and are the
best security with banks4as lcollatterais Tor
discounts.
Convertible into a Sir per cent $50 Gold Bond
In addition to the very liberal interest on
the notes for three years, this privilege Of
conversion is now worth about three per cent.
for the current rate for 5 20 Bonds is not less
than nine per cent. premium, and before the war
the premium on six per cent. U. 5. stocks was
over twenty per cent. 1t Will be seen that
the actual profit on tilis Ioan at the present
market rate, is not less than ten per cent. per
Arnum.
lis E.eempaon fran STATE Or Municipal Taxation.
But aside from all the advantages we have
enumerated. special Act Of Congress er-.
q empts all bonds q1lR Treasury notes from local
taraiion On the average, this exemption Is
worth about two percent. per annom, accord
ing to tue rate OF taxation ia various parts OF
the country.
1t is isbeIieved that no securities offer so great
induCeme to lenders as those issued by the
government In al other forms Of indebted
ness. the faith or ability of private parties, or
stock companies or separate communities
olly. IS pledged for payment, while the whole
property of the couatry is held to secure the
discharge of all the obligations Of the United
States. 1-
While the government offers the most liberal
terms for its loans, it believes that the very
strongest appeal will. be TO the loyalty and
patriotism of the people.
Duplicate certificates will be issued for all
deposits, The party depoSiting mnst endorse
.npon the origiiadI certificate the denomination
of notes required, and whether they are to be
issued in blank or payable to order. When
80 endorsed it must be left with the officer re-
cciving The deposit, to be forwarded to the
Treasury Department.
Subscriptions will be received by the Treas
urer of the United States, at Washington, the
several Assistant Treasarers and designated
Depositaries, and by the
First National Bank of Philadelphia, Pa.
First National Bank of Danyille, Pa.
First National Bank Of Erie, Pa.
First National Bank of Pittshurg, Pa.
ard by all National Banks which are Geposi-
taries public money, and
All Respectable BaahS ard Bankers
throughout The country will give further in
formation and
Afa,d ereyy Faci}iy to Subscribers
l93m1 F