The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1864-02-24
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THE SECRETARY oFTar
TREASURY has not vet given NOTICE as
any intention to Withdraw. this .nonS,0.
Loan from I'm Sale at Par, and until ten days
notice is given, the undersigned a.
Observation-Disclosures
will continue to supply the public. sAll
he whole amount Of the Loan antbar
zed Is Five Hundred; millions of Dell,ys
NEARLY FOUR HUNDRED MIL:
LIONS HAVE BEEN ALREADY
SUBSCRIBED FOR AND pam
INTO HETREASURY, mostly witbS5
the last seven month. The larpe asm.nd
from abroad, and the rapidly ;nereas;ne
nome demand for use as the bas;. e. a;r
calation by National Banking Assos;I
tlons now organizing in all na+ts of ,ha
country, wlll,i very short period sbs
sorptne balance. Sales have lately rangsa
from ten to fifteen millions weeIly r.
quently exceeding three millions da;l1
and as 1t is well known that the Seeret.
ry OF the Treasury has ample and pnf.;I-
ing resources in the Duties on I,ana..s
and Internal Revenues, and in tbe iss,,o
J of the Interest bearing Legal, Tend,
Treasury Notes, it is almost \ cert,;ntx
that ne Will not find it necessary, for
long time to come, to seek market FOR
any y other long or permanent Loans. THE
INTEREST AND PRINCIPAL OF
"a lCH ARE PAYABLE IN GOLD.
Prudence and self interest must force
tne minds of those contemplating the
formation of National Banking Associa.-
.iohS, as well as the minds of all who have
ioie money on their, hands, to the prompt
conclusion that they should lose no time
IN subscribing to this most popular Lean
1t Will soon be beyond their reach aud
advance 10 handsome premium. AZ vn.
the result with the "Seven ThirtyY Lo.u
ween ween it was all sold and could no longer
oh subscribed forat par.
IT is A SIX PER CENT loan
IHE INTEREST AND PRINCIPAL
FAY ABLE In COIN THUS YIELD
ING OVER NINE PR CENT. PER
an am NJ at the rate of premium on
] The Government requires all duties pu
imports to be paid C.in; the.e sdu;-es
: have for a long time past amounted &c
over Quarter of Million Of Dollsr,
daily, SUN ne"rly three times create,
th"h that required IN the payihenf Of th,
=, interest on all the 5.20s and other per-
I'd mauent lsoah>. So that il In hoped lLa
r. the surplus Coin in the Treasury. al n,
n distant day. willenable the Unitxd Stste
be 10 resa'ne specie payments upon all lila
rn bilities, .;,, 10 lo,,.
nd The lonn is called 5 90 from the fac
that whilst the Bonds may run for p
years yet the Government has rights
iy pay them off in gold at par, at any lin
y after ) years. ed Sd fae sasa saqoa
:" THE INTEREST IS PAID RAIL- z
Y YEARLY, viz on the krst days OF. No,
= ember and May.
lily Subscribers have Coupon Bonds. whio
cd are payab bic to bearer. and are $50 Slu
~ $50. and $1,000; of Registered Bonds a
- m same denominations, and in additiar
90 $4,000 and $4,000. For Banking .pu,
nc peaes and Tor Investments Of Trust IN onie
ro- the registered bonds are preferable.
IN These 5.20s \ cannot be taxed by State,
ear cities, tewns or counties and the Govern
b1 ment tax on them is only one and a-hxl
per cent on the ameunt OF income. vbe
~. ~ the income of the holder exceeds six HI 1
T.. dre'i dollars per annum; all other invest
|, msnts, such as income from Mortgages
o'l Railroad stock and Bonds. ETC., NEST pa
ux. from three to FIVE per cent tax en- the la
in come. p aigu son aFgd aH y sn0aTof
MI Banks and Bankers throughout Ii
m Country will continue to dispose Of tn
e, Roras; and all orders by mail. or ether
ter wise promptly attended to.
ION The Inconvenience of afew days .dels
- In the delivery st the Banks il unavoi,is
BILE. the demand being so great; bat as in
terest commences from the dav Of sub
Esrriptiun. no loss is occasioned, and ever
g. effort is made to diminish the delay, 10
a. ai, JAY COOK Z, 9os -
M n s -d,aHn SubscriptionaAg gents
a. IA sorTH THIRD STREET, PHILADBLpz