The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1864-03-02
u. s. 5-2O's.
@21z.I--zsO

.Es. \ ANf
THE SECRETARY OF THE
TREASURY has not yet given notice Of.
any intentionto Withdraw this popular
Loan from Sale at Par, and until ten days
notice is given. the undersigned. as
GENERAL SUBSCRIPTION AGENT
will continue to supply the public. Fea
The whole amount of the Loan author
zed is Five Hundred Millions of Dollars
NEARLY FOUR HUNDRED MIL
LIONS HAVE BEEN ALREADY
FOR AND. ,.PAID.
INTO THE TREASURY, mostly. within
the last seven month. The large demand y
from abroad, and the rapidly 'incressine
home demand for use as the basis fer oir,,,
culation by National Banking Assoeia-
tions now organizing in all parts of the
country, will, in very short period. All
sorbthe balance Sales have lately ra = yed
from ten to fifteen millions weekly. fre-s
quently exceeding three millions daily.
and as it is well known that the Secrets.
ry of the Treasury has ample and unfail-s :
ing resources in tho Duties on Imports. :
I and Internal Revenues, and in the issue |,
OF the Interest bearing Legal Tender
Treasury Notes, it is almost u eertaiuty !,
that he will not find it necessary. for : :
long time to come, to seek market for
any other long or permanent Loans. THE
Il INTEREST AND PRINCIPAL OF
WHICH ARE PAYABLE IN COLD.
l Prudence and self interest must force
the minds of those contemplating thy
| Formations of National Banking Associs-
tions, as well as the minds of all who have
idle money on their hands, to the prompt
conclusion that they should lose no time
in subscribing to this most popular Loan,
1t will soon be beyond their reach. and
advance TO a handsome premium. az vas
the result with the ''Seven Thirty'' Lean,
ween it was all sold and could no longer
bh subscribed for ut par.
| IT Is A SIX PER. CENT LOAN.
THE INTEREST AND PRINCIPAL,
PAYABLE In COIN THUS YIELD
ING OVER NINE PER CENT. PER
ANNTM at the Fate Of premium on
coin.
The Government requ, res all duties on
imports to be paid Coin; these duties
have for long time past amounted 70
over Quarter Of a Million Of Dollars
daily, sum nearly three times grsster
{. than that required in the payment ofthe
Il interest on all the 5.2os and other pur-
d maneAt Loans. So that il is hoped that
3 the surplus Coin in the Treasury, At no
/ distant day, will ebsble the Unisxd States
y to resume specie payments sPon all liza
q The loan is called $50 from the fact
that whilst the Bonds may run for 20
Z years yet the Government has right "a
y pay them off in gold at par, at any time
Y after 5 years. a
'nh THE INTEREST is PAID nALP.
e YEARLY, viz: on the first days OF Nov
: ember and May. IS mH ..gr
iy Subscribers have Coupon Bonds, which
ca are payable to bearer, and are $50 $1eG
y, $50. and $1,000; of Rsgiste red Bonds ei
M same denominations. and in addition
on $4,000 and $4,000. For Banking pur.
ng poses and for investments of Trust monies
ro- the registered bonds are preferable.
m These 5.20scannot be taxed By Statss
nH ,aI cities, tswns or counties, and the Govern
- ment tax on them is only one and a-hal
IN per cent on the smeunt Of income. wber
,lv the income ot'the holder exceeds six Hun.
bs dred dollars per annum; all ether invest
1t ments. such as income from Mortgages
o'd Railroad Stock and Bonds, etc., mast psy
,,x' from three to Ave per cent tax on the in
In come. T rsaie sa aEei9a 2
is
nd Banks and Bankers throughout III,
lu- Country will continue to dispose of tn
ed' Bonds; sntiall orders by mail or ether
@ 70, wise promptly attended to- 80, l,p nss
Al The inconvenience ofa few days dela,
In the delivery of the Banks is unavoida
BILE, the demand being so great; but as in
terest commences from the dav Of sub
80 scription, no loss is oecasioned. and ever,
he he effort is made to diminish the delay,
The JAY COOKE,
M me a1u dsod 80 s Subscription Agent. !.