The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1865-01-25
u. S. 7-3O LOAN.

z The Secretary Of the Treasury gives notice
that subgcriptions viii be received for Coupon
Treasury Notes, payable from Aug. l5th,le64,
with semi -annual interest at thecate otseyen
and three-tentts per cent. per annum,-prin-
cipal and interest both to be paid in laval
money.
These notes will be convertible at the option
of the holder at maturity, into six per cent.
roId bearing bonds, payable notless than i've
nor more than twenty years from their date,
as the Government hay elect. They viii 6e
issued N aenorainations Of S52. 800, $500,
$1,000 and $4,000, and Gil subscriptions mus.
be for City dollars or scme multiple o1 hi.y
dollars.
The notes will be transmitted to the owners
free 0! transportation charges as soon aIteF
the receipt Of the original Certificates OF De-
poslt as they can be prepared.
AS the notes draw interest from August 10,
persons making deposits subsequent 10 that
date must nav the interest accrued from date
ofnote to dafe of deposit.
Parties depositing twenty-five thousand
dollars ana upwards for these notes at any one
time will be allowed commission Of one
Quarter OF one per cent, which viii be paid
bv the Treasury Department upon the receipt
of the bill for the amount, certified to by the
-lfieer with whom the deposit was made No
deductions for commissions must be made
froul the deposits.
.sPECIIL AD F1NT4GES Of THIS loan
tits a National Savings Bank, Offering
HIGHER rate of interest than any other, and
tie best security. Any savings bank which
pays It's dcpositors in .. S. Notes, considers
That it is g2ying in the best circulating me-
dunn Of the country, and il caEno. pay IN any
thing better, for its own assets are either in
aFtrgE4-
PAYABLE in governments paper.
1t is equally convenient as temporary or
rermancnt investment. The notes can Al
1says be sold for within fraction Of their
face and accumulated interest and are the
best security with banks as collatterals for
discounts.
Convertible into S.x per cent $40 Gold Bond
In addition to the very liberal interest on
the notes for three years, this privilege OF
conversion is snow worth about three per cent
for the current rate for s. 20 Bonds is not less
than nine per cent. premium, and before the war
the premium on six per cent. U. ). stocks was
over twenty per cent. 1t viii be seen that
the actual profit on this loan, at the present
market rate, is not less than ten per cent. per
annum. s-. -.....
Its Exemption from State or Naaieipql IaIotion.
But aside from al the advantages We nave
enumerated, a special Act Of Congress e.
empts all bonds aud Treasury notes from local
taxation On the average, this exemption Is
worth about two percent. per annum, accord
ing to the rate Of taxation in various parts OF
the country.
It believed that 10 securities offer so great
inducements to lenders as those issued W the
government. In all other forms Of indebted
ness, the faith or ability Of private parties, or
stock companies, or separate communities,
only, IS pledged for payment, while the whole
proDerty Of the country is held to secure the
,uscharge of all ,ae obligations Of the United
States. f.as
While the government offers the most liberal
terms for its loans, it believes that the very
strongest appeal will be to the loyalty and
patriotism Of the people
Duplicate certificates will be issned for all
deposits. The party dcposlting mnst endorse
unon the oriqinoL certificate INSTRUMENTATION
of notes required, and whether they are to be
issued IN blank or payable to order. When
SO endorsed it must be left with the officer re-
ceiying the deposit, to be forwarded to tht
Treasury Department.
Subscriptions will be received by the Treas
nrer of the United States, at Washington, ih'
several Assistant Tr2asurerS and designated
Uepusitur es, and by the
First Nattoual Bank Of Philadelphia, Pa.
First National Bank Of DauYine, Pa.
First National Bank OF Erie, Pa
First National Bank of Pittshurg, Pa.
md by all National Banks which are dcPosi'
taries ofpublic money, and
All Respectable Banhs ard Bankers
throughout the country will give further in
formation and
A6ord eeery Facility to Subscribers.