The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1864-03-24
u. S. 5-2O'S.

Enc secretary Oh the EFP1NHry
has not yet given notice of any intention to
withdraw this popular Loan from Sale at
Par, and until ten days notice is given, the
undersigned, as ssGeucr;,I smbscr5,,-
siom Ageni," viii continue to supply
the public
The whole amount of the Loan authorized
is Five Hundred Millions of Dollars Near
iy Four Hundred Millions have
been already sUisScribcd for and
paid into tlsc Treasury, mostly
within the last seven months. The large
demand from abroad and the rapidly in
creasing home demand for use as the basis
for circulation by National Banking Asso-
Citations now organizing in all parts of the
country, will, in very short period, absorb
the balance. Sales have lately ranged from
ten to fifteen millions weekly, frequently
exceeding three millions daily, and as it is
well known that the Secretary of the Trea-
sury has ample and unfailing resources in
the Duties on Imports and Internal Reve-
nues, and in the issue of the Interest bear
ing Legal Tender Treasury Notes, it is al
most certainty that he will not find it ne
cessary, for a long time to come, to seek
market for any other long or permanent
loans, THE INTEREST AND PRINCI-
PAL OF WHICH ARE PAYABLE IN
GOLD.
Prudence and self interest must force the
minds of those contemplating the formation
of National Banking Associations, as well
as the nlrds Of all who have the idle money
on their hands, to the prompt conclusion that
they should lose no time in subscribing to |
this most popnlar Loan. 1t will soon be be-
yond their reach, and advance to a hand |
some premium, as was the result with the !
'sSeven Thirty" Lean, when it was all sold |
and could no longer be subscribed for al
par.
Ii is "a Six per Cent Loan, tl,e
anlercS; and Principal payable
in Coin, ts,ns yielding over Mine
per Cent. per GsnUn at the present
rate Of premium on coin.
The Goeernment requires all duties on
imports to be paid in Coin; these duties have
or a long time past amounted to ovar a
Quarter of Million of Dollars daily, a sum
nearly three times greater than that re-
luired in the payment of the interest on all
Ire 5-20s and other permanent Loans. So
hat it is hoped that the surplus Coin in the
Treasury, at no distant day, will enable the
United States to resume specie payments up ;
IN oil liabilities
The Loan is called $50 from the fact
hat whilst tie Bonds may run for 20 years
'et the Government has right to pay them
IF in Gold at par, at any time after years +
The Iniercss T. paid taIf-ycar.s [
v, viz: on the first days of November and /
day. =
Subscribers. can have Coupon Bonds,
which are payable to bearer and are so,
400, $500, and $1,000; or registered Bonds
f same denominations, and in addition, So
90, and $4,000. For banking purposes
nd for investments of Trust-monics the
registered Bonds are preferable
These 5-20's cannot be taxed by States.
tiles, towns or counties, and the Govern
rent tax on them is only one-and-a-half per
ent., on the amount of income, when the
lcome of the holder exceeds Six Hundred n
ollars per annum; all other Investments. 81
lch as income from Mortgages, Railroad p
took and Bonds, etc., must pay from three e
, five per cent tax Cn the income. il
Banks and Blnkers throughout the Coun- tc
y will continue to dispose of the Bonds I'll
nd all orders by mail, or otherwise, prompt te
attended to. D;
The Inconvenience Of a few days delay :,
the delivery of the Bonds is unavoidable, "
lie demand being so great; but as interest
,mmences from the day of subscription. no :,
SIS is occasioned, and every effort is being
ade to diminish the delay. q
JAY COOKE, M
SUBSCRIPTION AGENT, ia
II4 South Third Gtreet, Philadelphia. re
ccember 3, 1863. s
~