The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1864-01-13
CONNECTIONS.
United STATES 5-2O'S!

The Secretary Of tho Treasury has not yet given no
tice Of any intention TO Withdraw this popular Loan
from Par and until ten days notice is given, the
undersigned rs " GENERAL SUBSCRIPTION AGENT,
viii continue TO supply the public.
he whole amount OF the Loan authorized is Five Hun
dred Millions Of Dollars. Nearly -Four Hundred Millions
have been already subscribed FOR and paid into the
Treasury mostly within the last seven months. The
large demand from abroad and the rapidly increasing
home demand for use the basis for circulation by Ma
ional Banking Associations now organizing II all parts
a the country will very short period, absorb the
balance sales have lately ranged from ten 10 fifteen
millions weekly, frequently exceeding three millions
daily and as it is ws known that the Secretary of the
Treasury has ample and unfaing resources in the Duties
on Imports aud Internal Revenues and in the issue Of
the Interest bearing Legal Tender Treasury Notes, it
almost certainty that he will not find It necessary for
~ Ioas tuaa n como saaE marriott for other
long or permanent Loans the Interest and Principal OF
which are Payable in Gold.
Prudence and self interest must force the minds O.
those contemplating ths formation OF National Banking
Associations as well the minds Of all who have Idle
money on their hands 70 the prompt conclusion that
they should lose no time IN subscribing TO this most
popular loan Il Will soon be beyond their reach, and
advance 10 handsome premium, was the result Win
the Seven Twenty Loan, when it was all sold and
hsasixper Cent Loan, the Interes; and Payment
payable in Coin thus yielding over Nine per Cent per
annum At the present rate Of premium on coin.
The Government requires all duties on imports 10 be
paid IN Com these duties have for a long time pas;
amounted 10 over Quarter OF Million Of Dollars daily
sum nearly three times crater than that required IL
the pavment Of the interest on all the 52Os and other
peranent loans 20 that II is hoped that the surplus
Coin in the Treasury distant day, will enable the
United states 10 specie payments upon all laoi
tiles
The Loan is called $50 from the fact that Wills. the
Bonds rn1y run for 90 years yet the Government has
Alright 10 pay them OF IN Gold par al any time after
5years.
The Interest is paid half yearly, viz on the hrst days
Of November and May.
Subscribers can have Coupon Bonds, which are paya
be TO bearer and are $50 800, $500, and s. oOo OF
Registered Bonds Of same denominations, and in addi
tiOn OOc and $4,000 For Banking purposes and fol
Investments OF Trust monies the Registered Bonds ar'
preferable.
These COS cannot Be taxed by States, cities, towns
or esunties. and the Government tax them IS oni,
one anda-half per cent. Oh the a mount OF increase
when the income OF the holder exceeds SIX Hundred dol
lars per anuum; all other Investments such as incom
frcm Mortgages Railroad stock and Bonds, &c must pa
from three 20 I've per cent. tax on the income
Banks aud Bankers throughout the country viii con
tnae dispose of the Bon and all oEders by mall
otherwise promptly attended TO-
he inconvenience Of few days delay IN the deliver
Of the Bonds Is unavoidable the demand being SO grea
but a. interest commences from the day Of subscription
no loss IS occasioned ant every effort IS being made
diminish the delay.
JAY COOKE, Subscription Agent,
ia south Third Street, Phil1delphi1
phr.1.,,his Nov as lssS 45OmS