Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1864-09-16
u. S. 7-3O LOAN.

The Secretary Of the Treasury gives notice tha
subscriptions will be received for Coupon Treasury
Notes, payable three years from Aug 18th, l-5i
with semi-annual interest at the rate of seven and
three-tenths per cent. per neutrality-suspicious. and
Interest both TO be paid in lawful money.
These notes will be convertible ut tLa c-t-1a o.
he holder at maturity, into six per cent .- bear
ing bonds, payable not less than 7e nor r.-s than
twenty years from their date, as tie Government
may elect They will be Issued in dcuou.aati ns Of
$50, 500 500, sl,ocO and $500 and all sus,rp
tons must be for fifty dollars OF solc multiple OF
| fifty dollars
The notes viii be TRANSMITTED 20 j's owners t.ce
OF transportation charges as soon after OIL. receipt
Of the original Certificates Of Deposit as -hey cla
be prepared.
As the notes draw interest from Aug. I7. r..a-a.
making deposits subsequent to thar date ll.- f--
The interest accrued from date Of note o. O. De .l
deposit.
Parties depositng twenty-five thousand dsIla-.
and upwards for these notes at any one t-o win -,
allowed commission Of one-q q one DIR
cent, which will be paid by the Treasury Dep1.--
nent upon the receipt OF bill for the amount Gle
aaed to by the other officer with whom tie dcu.
was made. No deductions for commissions must i1 .
made from the deposits.
Special advantages Of this loan.
It's National Savings Bank. oGerns hi-l--
rate OF interest than any other. anil %. t.st s--
Any savings bank which pays ts deposit0rs IN Z. Sc
Notes considers that it is payin, in the best o5er-
lating medium Of the country and 10 eu.r5f pay il
anything better for its own assets are either IN .r
eminent securities or in notes or bonds payable u
government paper.
is equally convenient as a temporary or pcrinl-
nent investment. The notes can always be sold f.r
within fraction Of their face AMI a,-umuulated i1-
teres,, and the hest security with banks as col
laterals FOR discounts.
Convertible INTO q SIR per osHt. go Gold
Bond.
In addition TO the very liberal Interest the notes
Tor three years, this privilege Of conversion is now
worth about three per cent. per auuum for the cur-
rent rate for $50 Blacs is not less than c per cent
Sr,rlisrl and before the war tle premium on ST
per cent. L. s. stocks was over twenty per cent. Il
will be that the actual profit on t.s loan, at
the present market rate. is not less than ten per
cent. per annum.
rs Exemption from. Nats or lf4liaPa!
Tarrfij1.
But asiie from ell the advantages we have erum-
Grated special Act Of Congress exempts all bonds
and Treasury notes from local taxation. On the
averzSe. this exemption is worth about two per
cent. per annum, Accorta- 90 tAs rate q taxation
in various parts Of the country.
II is believed that n securities oler So great in
ducements % lenders those issued By the govern
ment. In all other forms ~ iaebcalness the faith
or ability Of private parties or stock companies, or
separate eommunities only. i' pl.l-ei fr payment.
while the whole property Of tie country is held TO
secure the discharge Of al the Dbl. -atlas OF the
United States.
While the government Cfers tie most liberal terms
Tor It's loans, it believes that tie very strongest
appeal Will be the loyalty AMI patriotism of the 5
people.
Subscriptions will be received ty tie Treasurer
5f the United States, AZ Washia-t p. the several
Assistant Treasurers and designated Dep1star.es.
md by the
First National Bank q Bennington Ut.
First National Bank Of North Ienu.n--1-, We.
Brandon National Bank IF Brand. VI.
First National Bank Of Sprin-fs.'. VI. D.
First National Bank Of S.. Adams. &c.
md by all National Banks which are 'epes-,ories r.
Y public money. and
ALL RESPECTABLE BANKS AND BANNERS
throughout the country viii give further iu,orll- e.
ion and afford every facility TO SUI .---'--s-
An p. i'iaT-u -