The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1864-04-07
u, s, 5-20'S,

The Secretary of the Treasury
has not yet given notice of any intention to
withdraw this popular Loan from Sale at
Par, and until ten days notice is given, the
undersigned, as s'GeMeriaI SubscTip-
tiom AGENT" will continue to supply
the public.
The whole amount of the Loan authorized
is Five Hundred Millions of Dollars. Rear
sy FOMr Hundred Millions have
been already subscribed for and
paid into tiac Treasury, mostly
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 ali parts of the
country. will, in very short period, absorb
the balance Sales have lately ranged from
ten to fifteen millions weekly, frequently
exceeding three millions daily, and as it is
well known that the Secrctary Of the Trea-
sury has ample and unfaiIing 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 certainty that he will not find it ne
cessary, for a long time to come, to seek
market for any other long or permanent
loans. THE. INTEREST AND PRINCI-
PAL. OF WHICH ARE PAYABLE IN
COED.
Prudence and self interest must force the
minds of those contemplating the formation
of National Banking Associations, as we'll
as the minds of all who have the idle money
on their hands, 10 the prompt conclusion that
they should lose no time in subscribing to
I mill L. L.
vond their reach. and advance to a hand
some premium, as was the result with the |
"Seven Thirty Loan, when it was all sold
and could no longer be subscribed for at
par.
Ht is Z, SIX per Cent Loan, the
Interest and Principal payable
im Coin, sliaiS yielding ever Mine
per Cent. per aRHEItn at the present
rate of premium on coin.
The Government requires all duties on
imports to be paid in Com; these duties have
or a long time past amounted to ovar d
Quarter of Million of Dollars daily, a sum
nearly three times greater than that re-
luired in the payment Of the interest on all
he 5-2O's and other permanent Loans Sol
hat it Is hoped that the surplus Coin in the
Treasury, at no distant day, will enable the
United States to resume specie payments up
n all liabilities.
The Loan is called $50 from the fact
nat whilst the Bonds may run for 20 years
ct the Government has right to pay them
# in Gold at par, at any time after ) years )
'Ehe EEiieress - paid l,aIg-year-
Y. VIZ: on the first days of November and Ii
lay. Y
Subscribers can have Coupon Bonds,
hlch are payable to bearer, and are so,
100, $500, and $1,000; or registered Bonds J.
same denominations, and in addition, So
10, and $4,000. For banking purposes
I'd for Investments of Trust-monies the
eglstercd Bonds are preferable.
These 5-2O's cannot be taxed by States,
ties, towns or counties, and the Govern
ent tax on them is only onc-and-a-half per
mt, on the amount of income, when the At
come of the holder exceeds Six Hundred ~
liars per annum all other investments.
ch as income from Mortgages, Railroad
ock and Bonds, ETC., must pay from three To
five per cent tax on the income. l.;
Banks and Bankers throughout the Coun- -,
: will continue to dispose of the Bonds -, -,
all orders by mail, or otherwise, prompt II, n
attended to. ~
The inconvenience of few days delay -
the delivery of the Bonds is unavoidable,
demand being so great; but as interest
nmences from the day of subscription, no
S is occasioned, and every effort is being
de to diminish the delay. :.
JAY COOKE, n'S
SUBSCRIPTION AGENT, ~
1 Ii South Third Gtreet, Philadelphia. ,h 10
cember 3, 1863. lou