Democrat and sentinel. [volume] (Ebensburg, Pa.) 1853-1866, 1864-12-21
]. s 7-3O | D A 4!

The Secretary of the Treasurer gives no
tice that SUBJ criptlOns will be received fU
Coupon Treasury Notes, PAYABLE three year
from August 18th, 1864. with semi i>aunua
interest at the rate of seven and three>tenth
per cent. per annum-prncipal and interes
both to be paid in lawful money.
These notes will be convertible at tn,
option of the holder at maturity, into SIX
per cent, gold bearing bonds, payable not
less than tive nor more than twenty years
from their date, as the Government may
elect. They will be issued in denominations
# $50, 500. $500 81 900 and S. 900, and
all subscriptions must be for fifty dollars or
some multiple If fifty doliars
The notes will be transmitted to the own
ers Tree ut transp' rtatIon charges as soGn
after the receip, Of the original Certificates
Of Deposit as they can be prepared.
As tie notes draw interest 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
dollars and upwards for these notes at any
time will be allowed a commission cf one
quarter of one per cent which will he
paid by the Treasury Department upon the
receipt of bill for the amount. certified t.
W LHt Will " IiI IL was UldGiS.-N
'iec;uctisus for commissions must be made
from the deposits.
SPECIAL ADVANTAGE OF THIS LOAN.
1t is National Savings Bank, Offering
higher rate of interest than anv other, ami
the best security. ANY Savings Bank which
pays It's deIUsltors l.. L. :. Notes. consider,
that 1t Is paying iii the best circulating me-
dunn ot the Country, and it cannot paw in
anything hetter, for It's own asets are either
in government securities or in notes or bonds
payable in government paper.
1t Is equally convenient temporary or
permanent investment. The notes can al
ways be sold for within fraction of Il cir
face and accumulated interest, and are the
best security with banks as colIatera.s for
tscnunts.
CONVERTIBLE INTO SIX PER cFNT $50
gold BOND.
In addition 70 the very liberal interest on
the notes for three years, this privilege of
Is now worth about three per
cent. per annum, for the current rate for
20 Bonds is not less than nine per cent
premium and before the war the premium
on the six per cent. l.. s. 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.
per annum.
It's EXEMPTION FROM STATE OR MUNICIPAL
TAXATInH.
But aside from all the advantages we
have Enumerated. a special Act of Congress
erempts all bonds and Treasury notes from
locat tdratiOn. On tie average. this exemp-
tion is worth about two per cent per OH
mum, according TO the rate of taxation in
various part of the country.
inducements TO the lenders as those issued
by the government. In all other forms of
the faith or ability Of private
parties, or stock companies. or separate
only, is pledged for payment.
while the whole property of the country Is
held to secure the discharge Of all the obi,
cations of the United States
While the government offers the most
liberal terms for its loans. it believes that
the very strongest appeal will he to the 10y.
atty and patriotism of the people.
Duplicate certificates will be issued for all
deposits. The party dcpositing must endorse
upon the original certificate the denomina-
tion of notes required, and whether they are
to he issued in blank. or payable to order.
When SCI endorsed ii must he left with the
officer receiving the deposit, to be fUrwal ded
to the Treasury Department
Subscriptions will be received by the
Treasurer of the United States, at Wash
igntnn. the several assistant Treasurers aud
designated Dcpositarics, and by the