The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1864-09-16
U. S. 7--30 LOAN,

| ~ Nv Wv A ~ 49,
/ 80
The Secretary of the Treasury gives notice
that subscriptions will bs received for Coupon
Treasury Notes, payable three years from Aug
5th, 1864, with semi annual interest at the rate
Of seven and three tents per cent. per annum.-
principal and interest both to be paid In Lawful
money. n,- NJ Nsatrt tpsr
These notes will be covertible at the option
Of the holder at maturity, into six per cent,gold
bearing bonds. payable not less than five nor
more than twenty years from their date, as the
Government may elect. They will be issued in
denomination of $50, 800, $500, $1,000 and
s., 900, and all subscriptions must BE fof fifty
lollars or some multiple of fifty dollars.
The notes will be transmitted to the owners
free of transportation charges as soon after the
receipt of the originsl Certificates Of Deposit IA
they can be prepared.
As the notes draw interest frotn August Is,
persons making deposits subsequent to that date
must pay the interest accrued from date Of note
to date Of deposit.
Parties depositing twenty Ave thousand dol
lars and upwards for these notes at any one time
,f
one per cent, which will be paid by the Treas
ury Department upon THE receipt of bill for
the amount certified to by the officer with whom
the deposit was made No deductions for
commissions must be made fiom the deposits:
SPECIAL ADVANTAGES OF THIS LOAN.
1t is National Savings Bank, offering
higher rate of interest than any other, and TIE
BEST SECURITY. Any savings banks which pays
its depositors in U. s. Notes, considers that it is
paying in the best circulating medium of the
country, and it cannot pay in anything better,
for its own assets are either in government secu-
rites or in notes or bond, payable in govern
ment paper.
1t is equally convenient as temporary per-
manent in yestment. The notes can always be
sold for within fraction Of theft faco and ac-
cumulated interest, and arc the best security
with banks as collateralSf for discounts.
CONVERTIBLE INTO A SIX PER
CENT $3.50 GOLD BOND.
In addition to the very liberal interest on the
notes for three years, this privilege Of CONVERSION
is now worth about three per cent per annurn, ,f6r
the current rate for $50 Bonds is not less thar
nine per cent. premium, and before the war TIE
premium on six per cent. U. s. stocks was over
twenty per cent. 1t will be seen that the profit
on this loan at the present market rate, is, hot
less than ten cent, per annum.
Irs EXEMPTION FROM STArR OR MUNIG1FiL
But aside from all Che advantages we hav.
enumerated, special Act Of Congress excmpts
all bonds and Treasury notes from local taxation.
On the average, this exemption is Worth about
two per cent. per annum, according to the rate
Of taxation IN various parts Of the country.
Il is befieved that no securities offer SO great
Inducements to lenders as those issaed by the
government. In all other forms Of indebted
ness, ,the faith or ability Of private parties. or
stock companies, Or sepcrate communities, only
is pledged for payment, while the whole prop
erty Of the country is held to secure the dis
charge Of all the 0bIigatiom Of the United
States. .' u
Will the Government offers the most liberal
terms for its loans, it believes that the very
strongest appeal will Bs tothe loyalty and pa
triotsm of Che people,
Duplicate certificates will be issued for all
deposits. The party depositiny mist endorse
upon the ORIGINAL certificate the denomination
of notes required, and whether they are to be
issued in blank or payable to order. When sd
endorsed il must be left wittth officer rcceiv-
ing the deposit, to be forwarded to the Treasu-
ry Department.