The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1864-01-15
THE JEFFERsoNIAN DEMOCRAT.
u. S. .5-2O'S.

The Secretary oCthe Treasury
has not yet given notice ofany intention to
withdraw this popular Loan from Sale at
Par, ard until ten days notice is given. tho
undersigned, as General Subscrip-
ton AGENT will continue to supply tho
public.
Tho whole amount of tho Loan author.
lied is Five Hundred Million of Dollars.
Nearly Fear Hundred Millions
have been uircndy subscribed
for aud paid into the Treasury,
mostly within tho last seven months. The
largo demand from abroad. and the RAPIDLY
increasing homo demand for uso as the ba.
ss for circulation by National Banking As.
sOciations now organizing in all parts of tho
country, will, in Il very short period, absorb
tho balance. Sales hayo lately ranged from
ten TO fifteen millions weekly. frequently
exceeding three millions daily, and Us it is
we'll known that tho Secretary of tho Treas
ury has ample and unfniiing resources in
tho Duties On Imports and Internal Rove.
uurs. and IN tho issue Of tho Interest bear.
ing Legal Icrdcr Treasury Notes. it is al
most IL certainty that no will not fnd il nee.
essary, for "A long time to come, TO seek a
market Tor any Other long or permanent,
Loans. TIE INCREASE AND PRINCE
PAL or WHICH ARE PAYABLE IN
COED.
Prudence and solf-intorcst must force the
minds of those contemplating tho formation
of National Banking Associations. as vol as
tho minds OF all who have Idle money on
thuir hands, to tho prompt conclusion that
they should lose no timo in subscribing to
this most popular Loan. 1t will soon be
beyond thUir reach. and advances TO u hand.
some premium. rs was tho result with the
"Sogcn Thirty Loan, when it was all sold
and could no longer DO subscribed for at
par.
Ii Is "a Six per Cent loan. the
Interest and Principal payable
lisa Coia,, thtls yielding Oycr Mine
per Gent, per iIE1nnasa at tho present
rate OF premium on coin.
Tho Government requires all duties on
imports to BIO raid in Coin ; these duties
havo Tor Il long timo past amounted to over
a Quarter OF IA Million Of Dollars. II sum
nonrly three times greater than that ro.
qulrod in the payment of the interest on all
the B 2Os aud other permanent Loans. SO
that j, 10 hoped th9t tho surplus Coin 10
tho Treasury, at no distant day, will on.
abfo tho United States to resume specie
Payments upon all liabilities.
Tho Loan. is called 8 20 from the'fact that
Whilst tho Funds may run for 20 years, yot
the Government has a right to pay them off
10 Cold at par. at any time after 3 wears.
I'Ilc interest is paid hnIf-ycar.
ny, viz on tho first days OF November and
MAY.
Subscribers can havo Coupon Bonds,
which arc payable to boaror, and arc $50
&'l0O, $500 aud $1,000; or Registered Bonds
of Same denominations. and in addition
30 900 aud $4,000. For Banking pur-
poses and for Investments of Trust-mOuios
the Registered Bonds are preferable.
These 3 POS cannot DO taxed BY States.
towns or countios, and tho Government tax
on them is only ono and IL half per cent, on
tho amount Of income, WHOM tho income
of tho holder exceeds Six Hundred dollars
per anuum: al! oiIor Investments, such as
iuc0mo from Mortgages. Railroad stock
and Bonds, etc must pay from three TO
liye per cent On the income.
Banks and Bankers throughout tho Coun.
try will continue to dispose of the Bonds /;
aud al! orders by mail promptly attended
TO.
Tho Inconvenience of n fcw days delay
in tho delivery Of tho Bonds is unavoidable,
tho demand being so great but as interest
commences from tho day of subscuptinn,
no loss is occasi0ncd, and Gvory effort is be-
ing mado to diminish the DELAY.
.r.... JAY COOKE.
SUBSCRIPTION AGENT,
LA SOUTH THIRD STREET. PHILADELPHIA.
Philadelphia, November 20, 1868.
726w4