The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1864-01-05

- bB 49, E53 ~ ~
The Secretary Of the Treasury has not yet
given notice Of any intention to withdraw this pou-
lar Lean from Sale ct Par ssd uEti ten days notice
is given, the undersigned, as General Subserip-
ton Agent" viii continue to supply the public.
The whole amount Of the Loan authorized is Five
Hundred Millions Or Dollars. Nearly -Four Hun
dred Millions have been already subscribed
for and paid into the Treasury, mOstly within the
last seven months. The large demand from abroad,
aud the rapidly Increasing home demand for use as
the basis for circulation by National Banking Aasoci-
AtisIs now organizing in al parts Of the country viii,
in very short PERIOD absorb the balance Sales have
latsy ranged from ten TO fifteen miions weekly FREE
qusntly exceeding three millions daily and as lis well
known that The Secretary Of the Treasury has ample
AID taaIiDg resources in the Duties on Imports and
Internal Revenues and in the Issue Of the Interest
bearing Legal Tender Treasury Notes, it is almost
certainty that he will not ind il necessary for long
time to come to seek market for any other long or
permanent Loans, THE INTEREST AND PRINCIPAL
OF WHICH ABEPAYABLE N GOLD.
Prudence snd selfiuterest must force the minds Of
those contemplating the formation ofNational Bank
ing Associations as well the minds Of all who have
idle money on their hands to the prompt conclusion
that they should lose no time il subscribing to this
most popullr lean. It viii soon be beyond their
reach, and advance TO 3 handsome premium, as was
the result with the seVea- Thirty Loan, when it was
all sold and could no longer re subscribed for at par
It IS Six per cent. Loan, the Interest and
Principal payable in Gem, thu, yielding over
Nine per Cent. per Annum, at the present rate
ofpronum on coin.
The Government requires all duties on imports to
be paid in Coin these duties have for a long time
past amounted to over Quarter of a Million Of Dol
lars daily nearly three times greater than that
required in the payment o. the interest on all the
2O's and other permanent Loans So thar it IS hoped
that Tie surplus Cin in the Treasury, a; 10 distant
day, will enable the United States TO specie
payments upon all liabilities.
The LOau called $40 from the fact tina whilst The
Bonds may nm for 20 years, yet the Government has
a right to pay them or in God, at par, at any time
after years.
The Interest is paid half-yearly, viz on tho
first days ofNovenber and May.
Subscribers can have Coupon Bonds, which are pay
able to bearer, and $50 500, $780, and 81 900
Registered Bonds OF came denominations, and in adai-
tor, s. 900 and $40 coo. For Banking purposes, and
for Trust moneys the Registered Bonds
are preferable. t.-..-
Tkcse 5-2Js cannot be taxed by States, cities
town. or counties, and the Government tax on them
is only ami half per cent the amount OF in
come, when the income of the holder exceeds SIX
Hundred Dollars per aanum all other investments,
such az income from Mortgages, Railroad Stock, and
Bonds etc. must pay from three to Eve per cent. tax
on the income.
Banks and Bankers throughout the country VIII con
tinue to dispose of the Bonds AID all orders By mall
or otherwise, promptly attended to.
Thsiuconvenisnce of few days delay in the de-
livery of the Donds IS unavoidable the demand being
80 great bat interest con mencss from the day of
subscription, loss is occssioned and every effort
is being made to diminish the delay.
JAY COOKE,
SUBSCRIPTION AGENT,
II6 SOUTH THIRD STREET, PHILADELPHIA
Philadelphia, NoVember25 1853.
dsClO-Im-a