The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1864-11-16
U. S. 7-3O4OAN.

The Secretary Of the Treasury gives notice
that subscriptions will be received for Coupon
Treasury Notes, payable from Aug. 10Th, 1864,
with semi annual interest at the rate otseyen
and three-tenths per cent. per annum,-prln-
cipaI and interest both to be paid in lawful
= HSRSs ssSs1s 5Steswill bseo6Tefable atthe option
of the holder at maturity into SIX per cent
gold bearing bonds, payable not less than 1--WE
nor more than twenty years from their GATE
az the Government may elect They VIII De
issued in demon nation s. Of $50, 500, $780,
$1,000 and So ,oOD, and all subscriptions must
be for fifty dollars or some multiple OF nifty
dollars.
The notes will be transmitted to the owners
free Of transportation charges as soon after
the recent of the original Certificates or De-
post as they can be prepared:
As the notes draw interest from August Is,
nersons making deposits subsequent to that
date must pay the interest accrued from date
ofnpfs to dst{2EETFtYsit4 IL. Al
Parties depoSgithg twenty-five thousand
dollars andupwards for these notes atany one
time will be allowed commission OF one-
quarter of one per cent, which viii be pa1Q
by the Treasury Department upon the recelot
of the bill for the amount, certIhed 10 oy tne
eofficer with whom the deposit was mace NO
ila49nctbusy for commissions must be made
sfrom the deposits .a-:1 IL ~
SPECIAL ADVANTAGES Of this LOAN.
It's a National Savings Bank, offering a
HIGHER rate of interest than any other, aud
the best security. Any savings bank which
navs its depositors in U. S. Notes, considers
That it is having in the best circulating me-
dium fthe country, and it cannot pay IN any
thing better. for its own assets are either IN
c.overnnant securities 0rfin notes or bonds
PAYABLE in government paper.
II is equally convenient as temporary or
rermonent investment. The notes can al
veys be sold for within fraction OF thelr
face and accumulated interest, and are the
best security with banks as collatterals 1or
discounts.
Convertible into a Slr per cent 5-20 tot" bon@.
In addition to the very liberal interest on
the notes for three years, TINS privilege OF
conversion is now worth about three per cent.
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. y. > stocks was
over twenty per cent 1t, will be seen tnat
the actual profit on this loan, at the present
market rate, is not less than ten per cent. per
annum. .,rt
It's ErsmDtioa from Slate or Municipal Taxation.
But aside from all the advantages we have
enumerated. a special Act Of Congress e1-
en,pts all bonds and 3reasany notes from focat
taxation On the average, this exemption Is
worth about two percent. per annum, accord
ing to the rate of taxation in various parts OF
the country.
It isbelieyed that no securities offer so great
inducements to lendersras those issued 0y the
government. In all other forms OF lnuebted-
ness. the faith or ability of private parties, or
stock companies, or separate communities
only, is pledged for payment, while the WhoIe
property Of the country is held to secure the
discharge of all the obligations OF the OhlIeu
States. a. "t-N -
While the government offers the most liberal
terms for its loans, it believes that the very
strongest appeal will be to the Ioyaty anu
patriotism of the people =,
Duplicate certificates will be issued 1or all
deposits. The party deposlung must endorse
upon the original certificate the denomIha'lOh
of notes required, and whether they are to be
issued in blank or payable to oroer. when
SD endorsed it must be left with the officer re-
ceiving the deposit, to be 1orWarue0 W 'n'
Treasury Department.
Subscriptions will be received by the Treas
nrer Of the United States, at Washington, the
sr~eral Assistant Treasurers and designated
Demonstrates, and by the
First NATIONAL Bank of philadelphia Pa.
First National Bank of Danville, Pa.
- First National Bank of Erie, Pa
First National Bank of Pittsburg, Pa.
and by all National Banks which are dePoSl-
taries ofpublic money, and
All Respectable BHnhs ard Bankers
throughout the country will give further in
formation and
Af6rd egery Facility to Subscribers.