The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1864-03-31
u, S, 5-20'S.
ecresavy oftl.e Trea<ury

The Secretary Of the Treasury
has not yet given notice OF any intention toI
withdraw this popular Loan from Sale at
Par, and until ten days notice is given, the
undersigned, as s'General SWbscrip-
tion AGENT will continue to supply
the public.
The whole amount of the Loan authorized
is Five Hundred Millens of Dollars. Near
ly Four Hundred Millions have
been already subscribed for ana
paid into the Treasury, mosty
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 a very short period, absorb
the balance. Sales have lately ranged from
ten TO fifteen millions weekly, frequently
exceeding three millions daily, and as 1t Is
well known that the Secretary OF the Irea-
surv has ample and unfailmg 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 a certainty that he will not find 1t ne
cessarv. for long time to come, to seek a
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 wei
as the minds Of all who have the idle money
ON their bands, to the prompt conclusion thai
thev shonfd lose no time in subscribing t(
this most popular Loan. 1t will soon be be-
tvond their reach. and advance to hand
some premium, as was the result with the
"Seyen Thirty Loan, when 1t was all sole
land could no longer he subscribed Tor
hpar.
II Is n Six per Cent Loan, the
Interest amd Principal payable
i'm Coin, thsss yielding ever Niht
per Cent. per aEmsul at the presen
rate ofpremium on COIN.
The Government requires all duties OF
imports to be paid in Com; these duties nave
for a long time past amounted to oVar
Quarter of a Million of Dollars daily, sun
nearly three times greater than that re
onired in the payment of the interest on al
the 5-2O's and other permanent Loans. s.
that it is hoped that the surplus Com IN TN
Treasury. at no distant day, VIII enable th'
United States to resume specie payments up
on all liabilities. g It,
} that whilst the Bonds may run for ~ year.
vet the Government has right to pay then
J off in Gold at par, at any time after years
: The Imteress IL paid half-ye;ir'
.v, viz: on the first days Of November ant
May.
Subscribers can have Coupon Bonds
(which are payable to bearer, and are SoO
Sl0O, $500, and $1,000; or registered BOND
bf same denominations, and In addition, 80,
900 and $4,000. For banking purpose
and for investments of Trust-monles TN
Registered Bonds are preferable.
These 5-2U's cannot be taxed by States
/ cities. towns or counties, and the Govern
!, mept tax on them is only ne-and-a-half pc
: cent. OH the amount of income, when TN
: income of the holder exceeds SIX Huhdre'
dollars per annuui; all other investments
!. such as income from Mortgages, Rallroa
: Stock and Bonds, ETC., must pay from thre
v lfo FIVE per cent tax on the income.
e Ranks and Bankers throughout the Coun
! trv will continue to dispose OF the Bonds
! and all orders by mail, or otherwise, prompt
|, ly attended to.
j The Inconvenience Of few days della
j. in the delivery of the Bonds is unavoidable
h the demand being 30 great; but as lntere'
+ commences from the day of subscription u
v less is occasioned, and every effort Is bein
e made to diminish the delay.
= JAY COOKE,
SUBSCRIPTION AGENT
s South Third Ctreet, Philadelphia.
Or December 3, 1868.