New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-05-13
THE sEvEN.THIRTIEs.
Field-Day-Nearly Fourteen MIL.
lions Subscribed Observation-Disclosures men,
Concerning the LOnu.


PHILADELPHIA, Friday May "a, 1865.
Jay Cooke reports the subscriptions to-day to|
the SevenThrty Loan, from oil parts Of the Union. at
49, 1862 300. The following arc the largest single sub
scriptions Third National Bank Cincinnati o. SIS 000
First National Bank, MY, 100000; Second National
Bank. Chicago s5i5Oo0; National Bank OF the Repub
lie Boston, 81. 100000 Second National Bank. Boston
5000 600; First National Bank Portland. Me, eJOOOO
First National Bank. Syracuse, 100000; First Ma
tional Bank Philadelphia. slOoo,0Oo; First National
Bank, Baltimore $4,000; Fisk e. Hatch. New York
81 19a 100, Fourth National Bank 100000; Bank Of
North Remington. VT. $,Oo,COo National Bank OF
Metropolis. Washington s6o0OOO; Second National
Bank Of Cley eland, 100000.
There were also 96l3 individual subscriptions OF $50
and 500 each.
statement Of the issues Of the Seven Thirty bonds is
now circulating through the newspapers, whose IN
accuraccs We are requested to correct Congress In
july 1864 authorized the Secretary Of the Treasury to
borrow 500 0C0 In such form o. he deemed best
this amount slOO 900 issued as TenForties
SO 900 600 as Fve-T wcnties and the balance s2J0O0
Zoo "a Seven. Thires On the 81 Of March last, Con-
ress authorized further loan Of 5000 900 co., s7O
600 eco Of this was taken and added to the s30 900
Of Seven Trties issued under the Act Of July 1864 10
round i. up to s300OO00O0 This made the first series
of the ScyenThirty loan This left ESQ unissued
the amount authorized by the last act. The issue Of
$500 coo 600 Of il as Seven Thrts directed by the
Secretary of the Treasury Their sale commenced on
the let of April last This the second series of the
Seven Thirty Loan
Its sale has averaged between 81 coo 600 and 1000
600 day Only about s35,COO.oo0 remains this 18th
day of May When it is all sold there will be left at
the disposal OF the Secretary OF the Treasury under
she act Of March 3 ls65 s2JooocOdO. 1t is preslmed
that this amount will be Issued in the shape Of third
series of the Seven-Thirty Loan,payable in three
years from the 18th Of October next and that It viii
have as rapid sale the preceding series have Ind
The Government will thus be enabled to pay al ts dues
TO soldiers contractors and other creditors, and W
hsuda,e all the floating clams against the Treasury
The public sent pent In large cities Is thet there never
has been such prompt discharge Of national
debt at the close O. great Whichever IN the
world snch a spect Scle Of whole people
pressing forward to supply TIER Government WI"
the means TO pay of the 'as' oouy u W."
claims ths, succeed debt. ieei 'ha' ''e "eo
rotary OF the Treasury Is entitled 10 III greatest
for his successful management Of the d. anu
the business like energy and tact displayed In ~ Of his
plaps and purposes. II Is doubtless tue that many
deem the rate paid by the Government under our i'm
proyed crcnn stances true one and that it could BE-
reduced TO six per cent currency loan, and II is sup
passed that Mr. McCulloch has lad this matter pressed
upon his careful consideration. But his beat and mos,
earnest advisers insist that change shall be made
and that the patry amount saved TO the Government
would be no equivalent for the risk OF failure the
risk Of ,upprcssng the present popular passion for the