American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-01-06
II. s., S-2O,Su

INE Secretary Of the Treasury has not yet given
l tce Of any intention to withdraw his popular Loan
from Sale at Par and until ten days notice Is given, the
undersigned General SUBSCRIPTION Agent" will con
tinue 10 supply the public
The whole amount of the Loan authorized is Five Hun.
dred Millions Of Dollars Nearly -Four Hundred Millions
have been already subscribed for and paid into the Treas
ury mostly within the last months. The large de-
Inand from abroad and the rapidly increasing home de-
man, for use the basis for circulation by National Bank
ing Associations now organizing IN an parts oi me conh
trV will In a very short period, absorb the balance
Sales have lately ranged from ten 10 'teen millions week
ly frequently exceeding three millions daily, and it is
we'll known that the Secretary Of the Treasury has ample
and unfang resources in the Duties Imports and In
terua Revenue and in the issue Of the lnteresbearing
LEGAL Tender Treasury Notes It is almost certainty that
he will not find it necessary, for lontime to come, to
seek market for any other long permanent loans the
Interest and Principal Of which are payable in Gold.
Prudence and sefnteret must force the minds Of those
contemplating the formation Of National Banking AssO
Citations well the minds Of all who have lLo money
their hands to the prompt conclusion tha they should
lose time in subscribing to this most popular Loan II
will soon be beyond their reach and advance to hand
some PREMIUM the result with the "Seven Thirty
Loan when it all sold and could no longer be subscr
bed for at par,
Its SIX per Cent Loan, the Interest and Principle
payable in Coin thus yielding over Nine per Cent per a
mum at the present rate Of premium on coin.
The Government requires oil duties imports to be
paid in Coin These duties have for a long time past
amounted 10 Quarter Of Million Of Dollars daily,
nearly three times greater than that required in the
payment Of the interest on all the 52Os and other per-
auent loans So il hoped that the Surplus Coin in the
Treasury distant day, will enable the United States
TO resume specie payments upon all liabilities
The loans Is called $40 from the fact that, whilst the
Bonds may run for 20 years yet the Government has
right to pay them of Gold, at par, at any time after
years
The Interest is paid yearly, viz: the first days
Of November and May.
Subscribers have Coupon Bonds which payable
70 bearer and $50 s00 $500 and $1,000 Registered
Bonds Of denominations and in addition, s. 900 and
$4,000 For Banking purposes and for investments Of
Trustnlonios the Registered Bonds are preferable.
These 520 cannot be taxed by States cities towns
counties and the Government them only half
per cent ON the amount Of income, when the income Of
holder exceeds Six Hundred Dollars per annum. All
other investments, such as income from Mortgages
Railroad Stock and Bonds etc. must pay from three TO
five per cent tax on the income
Banks and Bankers throughout the Country will
tinue dispose Of the Bonds and all orders by mail
otherwise, will be promptly attended TO.
The inconvenience Of few days delay in tho delivery
Of the Bonds is unavoidable the demand being great
but interest from the day Of subscription
less is occnsoned s every effort is being made to d
mnish the delay
Jay COOKE.
SUBSCRIPTION AGENT,
III South THIRD Street. Philadelphia.
Jan. G. 1854, LIMO.