The Democratic press. (Eaton, Preble County, Ohio) 1860-1865, 1864-09-15
j. 5, ESQ LOAN.

The Secretary Of the Treasury gives ~
ice that subscriptions will be received 10
Coupon Treasury Notes, payable three y"ab
from Aug 10Th, 1861, with semi in.
crest q the rate OF seven and tbr'e tentlis
per cent. per rnum,-principal and inter
est both te be paid to be paid in lawful
oncy.
These notes will be convertible at the
option of the holder al maturity, into six
por cent. gold bearing bonds, payable on
less than five nor more than twenty year,
from their date, as the government may eject
They will be issuel in denominations Of $ja
800, $500, $1,000, 81, 1000, and all -sobSer'P
tons must b" for fifty dollars or SonO NAL
tiple OF fifty dollars. .
The notes. will be transmitted 10
the owners free OF tran portatlon charge /,
rs soon after the receipt oflhe original Ger :
ti6cates of desposit as they can be pre-, ar cd.
As the notes draw interest from AnSuVr
l5,sspersons making deposits subsequent to
that date must pay the int resAaccrucd fr ON
date of note to date of deposit.
Parties depoSitiug twenty-five I'll. Lsfn
d GLARS and upwards Tor these notes 1t ait
one tine viii be allowed a commi 44iOn o.
enc quarter Of one per cent, which will bs
paid by the Treasury Department Vi on tb'
receipt ola b Il for the amount certified IA
by the Office: with whom the deposit Tp'
naLe. No ctactions for comm iSionS re
be made from the deposits.
Observation-Disclosures fHI SLOAN
IrIsAN uIoyM sAyISGs RAxE, Offering y
higher rate of interest than any other, nr'
he bestsecmity A'y savln g ban, which
: pays its deposi,ors in L. 5, Notes, 1"n1ide-'
; that it is paying in the hest circulating IN
dunn of he country, aud it cdnaci pay ~
anything better, for its own asset. are siihe'
4 in government securities or IN not-s Il
bonds payable in government securities or b
notes Or bonds payable in government pa
4 er.
/, 1t is equally con %ysnient rs a temporary ~
e permanent investment. The notcs can o!
ways he soli for within a fraction OF the
q lace aud accumulated interest, 40 are Oh
n best security with banks AZ coll,t"rals
n discount.
ConvertiJe into Sir per cent. A,@
Cell Bond.
In addition 20 the verv liberalirteresi W
" the notes Tor three years, this privilege .
conversion is now worth about ihr.e PSI
Boent. per AMMAN, for tie GARRETT rate frs
30 bonds is not less thin nine per rsat
miUm, and before The war the premipV au
six per cent. u. 5. stoc|s WAS o!er twenty
per cent. II will be seen that the actual
- profit on this loan, ut the present market rats
We is not less -han ten per cent. per asuum.
IL Its eremtion from State Or Mtai1
IN raj TarutioH.
BIT a side from all the advantages we have
enumerated, a special act Of Congress- sS
empts al bonds and Treasury notes from 10
cal taxation. On the average, this exemP
e. ton is worth about two per cent. por aninau
y according to the rate oil taxation 10 variouI
10 parts Of the country.
" NJ 1t is believed that no securities offer ~
10 great inducements to leuders Us those issue'
IS, by the government. In all other forms o
W Indebtedness, the faith or ability Of private
al parties, or stock companies or separate
q, communities, only, is pledged for payment
% OF while the whole property of the country is
10 held TO secure the discharge Of all the oil
lse cations OF the United States.
~ While the government offers the nostlib
ire eral terms fnr its loans, it believes that tn
INT very strongest appeal will be to tho loyslt
and patriotism of tho people.
Duplicate certificates wiz be issue for o.
deposits. The party depositing n ust Ell
rs dorsc upon the original certificate the d
nomination Of notes required, and whcthe
they are 70 be issued in blank or psyabl" I
~ order. When SO endorsed it must b. LEI
with the officer receiving the deposit, to 0
forwarded to the Treasury Department
SUBscuPrIoSs WILL DE RECEIVED BY tn. Trei
IF surcr Of tn, United States, at Washington
"a , the several Assistant Tressurcrs and !sSiI
urs mated Depositaries, and by the
FL rat National Bank Of Dayton.
First National Bank of Hamilton,
;. aud by all National Banks which are dapc
%itaries Of public money, and
III respectable Banks and Bankers
hroa.aoat ii. cou,try will eve f;rthsr !
formation and
Afford ett'g farfN 70 esb'rttrss3