American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-11-16
U s. 7-30 Loan,

THE Secretary of the Treasury gives notice that SUBJ
scrptions will bo received for Coupon Treasury Notes.
payable three years from Aug lSth 1854 with sOuan-
cent per annumprincipd and interest both to bepAd
in lawful money
These notes will be convertible ct the optn of the
holder at maturity into six per cent gold bearing bonds
payable not css than five than twenty years
from their date, the Government may elect. They
will be issued in denominations Of So $780, $500 $1,000
and s5Ooo and all subscriptions mus, bs for nty dollars
some mutipleof fifty dollars
The notos will bO transmitted to the owners frss Of
transportation charges after the receipt of tho
original Certificate Deposit as they can be prepared
As the notes draw interest from August lb persons
making deposits subsequent to that dato pay the
interest accrued from date of note date of deposit
Parties deposting twenty-five thousand dollars and
upwards for these notes at any time will be allowed
commission of onequarter OF per cent which will
be paid the Treasury Department upon the receipt Of
the deposit was made No deduction. for commissions
must b. .paado from the deposits.
Special Advantages of This Loan.
ITIsA NATIONAL SAVINGS BAND, offering higher rate
of interest than any other, and the best security Any
savings bank which paysits deposors in U. s. Notes,
considers that tits paying III the best circulating medium
of the country and pay in anything bctor for
its assets either in government securities or In
notes on bonds payable in government paper.
1t is equally conyeniet a temporary or permanent
Investment The notes can always be sold for within
fraction of their face accumulated interest and arc
the best security with banks coatcrals for disounts
Convertible into Six par cont sac Gold Bond.
In addition to the very liberal interest the for
three years. this privilege Of conversion is now worth
about three per cent per annu for tho current for
$40 Bonds is not less than nine per cent, PREMIUM and
before the the premium in six per cent o. s. stocks
over twenty pcr cent 1t will be seen that the 40
tual profit this loan the present market rsto
less than ten per cent per aunun.
lts Exemption from State or Municipsi Taxation.
But aside from all the advantages we ha-o enumors
ted special Act Of Congress erempts all 6ondi and
Treasury notes from tacGt taxation. On the average
this exemption worth about two per cent per annum.
occordng to the ratio of taxation in various parts OF the
country. q
lts believed that no securities offer so great induce
ments to lenders those issued by the govOrnment-
In all other forms OF Indebtedness the faith ability
Of private parties, stock companies separate com
munes, ouly, is pledged fer payment while the whole
property Of the country held to the discharge
Of all the obligations Of the United States.
While the government offers the most liberal terms
for Its loans It believes that the very strongest appeal
will be the loyalty and patriotism of the people
Duplicate certificates will be issued for all deposits
The party depostng must endorse upon tho original
certificate tho denomination Of notes required, and
whether they to be issued in blank payable TO
der when so endorsed it be Ion with the officer
receiving the deposit be forwarded to the Treasury
Department.
SUBSCRIPTIONS RECEIVED by the Treasurer o
the United States Washington the several Assistant
Treasurers and designated Dcpositarles and by the
First National Bank or
Allegheny City, Pa. First Second, and Third NATIONAL
Banks of Pittsburgh, Pa, and by all National Banks
which are dcpositares Of public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further information and
AFFORD EVERY FACILITY TO SUBSCRIBERS.