The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1864-12-21
u. s. 7-3.O LOAN

The Secretary of the Treasury gives notice
that subscriptions viii be received for Coupon
Treasury Notes, payable from Aug. 10Th, 1864,
with semi annual interest at the rate oil seven
md three-tentks per cent. per annum,-prln
cipaI and interest both to be paid IN lawful
money.
n These notes will be convertible at the option
of the holder at maturity, into SIX per cent.
gold bearing bonds, payable not less than hFe
nor more than twenty years from their DATE
as the Government may eject. They will De
issutd in denominations Of SO, Sl0o, 5000,
SI 0o0sand SIS 900, and ali subscriptions must
be for fifty dollars or some multiple O. A4tf
dollars.
The notes will DC transmitted to the owners
free cf TRANSPORTATION charges as soon after
4bn raceiut. of tile original Certificates OF De-
post as they can be prepared:
A. tho notes draw interest from August ID,
nersons making deposits subsequent to tha'
date must pay the interest accrued from uf.le
ofnote to dale of deposit
Parties depositing' twenty-five thousand
dollars and upwards for these notes al any one
time will be allowed q commission OF one
quarter of one per cent, which will be pald
by the Treasury Department upon the receipt
of the bill for the amount, certified to by Inc
officer with whom the deposit was made No
deduetions for commissions must be mace
from the deposits.
SbECI4L ADVANT4GES Of titls LOAN
It's u National Savings Bank, Offering
higher rate of interest than any other, aud
the best security. Any savings bank winch
pays it: depositors in .. 5. Notes, CONSIDERS
that it is paying in the best circulating me-
dunn Of the country, and 1t taaa0t pay 10 any
thing better, for its own assets are eltneF IN
- ~.rtn ar
payable in government paper.
Il IS equally convenien. as temporary or
nermanent investment The notes can al
x,vo he sold for within fraction Of their
face and accumulated interest, and are the
hest security with banks as collateerals for
discounts.
(IonrsriibIe into o Sir per cent. 5-2O Gold Bond.
In addition to the very liberal Interest on
4he notes for three years this privilege OF
corversion is now worth abOutturee per cent.
for the current rate for % Bends IS uoSIeSS
than nine per cent. prsmjual, and before the war
the nremjun on six per cent u. ). stocks was
over twenty per cent. II Will be seen tAat
4be actnal profit on this loan, ct tue present
market rate, is not less than ten per cent. per
annum.
n, Exemption from State or .1Iaaj,pql Tara'ion.
Rnt aside from all the advantages We have
enumerated, special Act Of Congress e.
,ypls aLt Gonds uI.d IreaSafU notes from Loca'
tagation. On the average, this exemption Is
worth about two percent per annun, accord
ING to the rate Of taxation IN various parts OF
the country.
Il Ttisbelieved that no securities offer so great
Inducements to lenders as those issued 6y the
government Iu ali other forTus OF indebted
ness. the faith or ability Of private parties, or
stock companies, or separate communities,
only, is pledged for payment, while the "hGIe
property of the country IS held to secure me
discharge of all the obligations OF the United
States. ...
While the government offers the most liberal
terms for its loans, it believes that tue very
strongest appeal Will be to the Ioya'y ana
patriotism of the people.
Durlicate certificates will be issued for all
deposits. The party depoSlting must ehoorSe
nnon the oriqiaaI certificate the denomination
of notes required. and whether they are to be
..sned in blank or payable to order. When
40 endorsed it must be left with the officer re-
tceivin6tbe deposit, to be forwarded to the
Treasury Department.
Subscriptions will be received by the treas
urer of the United States, at Washington, the
.overaI Assistant Treasurers and designated
Demonstrates, and by the
FIRST National Bank of Philadelphia, Pa
First National Bank Of DauTille, Pa.
First National Bank Of Erie, Pa
FIRST National Bank Of Pittshurg, Pa,
and by all National Banks which are eepoSi-
taries ofpublic money, and
Al Respectable Banhs ard Bankers
throughout the country will give further in
formation and
Aford ere,y Facility to Subscribers.
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