Democrat and sentinel. [volume] (Ebensburg, Pa.) 1853-1866, 1865-01-04
]. 5 20 | D A D!

The Secretary of the Treasurer gives no.
tice that sub cripti9ns will be received for
Coupon Treasury Notes, payable three wears
from August 18th, 1864, with s,mi~anuual
interest at the rate Of seven and thrce-tcuths
per cent. per annum-puncipal and interest
both to be paid in lawful money.
These notes will be convertible at the
option Of the holder at maturity, into SIX
per cent, gold bearing bonds, PAYABLE not
less than i've nor more than twenty years
from their date. as the Government NAV
elect. They will he issued in denominations
Of $50, 500. $500 1000 and IS 900, aud
all subscriptions must he for fifty dollars or
some multiple e fifty doiiars
HE notes vii! "c transmitted to the own
erS tree OF transpgrtation charges as soon
after the receipt of the original Certificates
Of Deposit as they can be prepared.
A TIE notes draw interest from August
is, persons making deposits subsequent to
that date must pay the interest accrued from
date of no,e tu date Of deposit.
Parties dePoSiting twenty-five thousand
dollars and upwards for these notes at any
time vii! be allowed commission of one
quarter of one per cent which will De
paid 10y the Treasury Department upon the
receipt OF a bill for the amount, certified 70
by The "ihccr with whom it was ma!e.-NY
deductisns for commissions must b, made
from the deposits
SPECIAL ADVANTAGE OF THIS LOAN.
1t IS National Savings Bank, Offering
higher rate of interest than any other. ana
tie best sec,Djty. Any Savings Bauk which
pays It's dePoslcorS il. L. :. Notes. considers
that it l. paying in the best circulating me-
dium of the country. and il c1Hi.ot paw in
anything letter. for ITS own asets are either
IN government securities or in notes Ur bonds
payable IN government paper.
II Is equally convenient temporary or
permanent investment. The notes can al
ways be sold for within fraction of their
face and accumulated interest. aud are the
best security "ith banks as co!tatera.s for
;iscountS.
CONVERTIBLE INTO SIX PER CENT $50
GOLD DoND.
In addition 10 the very liberal interest on
the notes for three years, this privilege Of
conversion Is ROW worth about three per
cent. PEI aunuDl, for the current rate Tor
$40 Bonds is not less than nine per cent
premium and before the war the Premium
on the six per cent L. s. Stocks was over
twenty PER cent. Il will be seen that the
actual profit on this loan. at the present
market rate, is not less than ten per cent.
per aunum.
It's EXCEPTION FROM STATE OR MUNICIPAL
TAXATION.
But aside from all the advantages We
have enumerated. 4 special Act of Congress
eremptS al bonds and Treasury notes from
iocaL tdTation. On tie average, Ihis cxemp-
ton is worth about two per cent per an
mum, according to the rate Of taxation in
various part Of the country.
i is believed that no securities offer 80 great
inducements 10 the lenders as those issued
by the government. Ia all other forms Of
indebtedness, the faith or ability Of private
parties, or stock companies. or separate
communities, only. is pledged for payment,
while the whole properly Of the country j.
ncId 70 secure the ciSchaI g OF all the obli-
cations Of the United States.
While the government cfers the most
liberal terms for its leans, it believes that
the very strongest appeal will he to the 10y.
altv ard patriotism of the pcople
Duplicate certificates will DC issued for all
deposits. The party depositing must endorse
upon the original certificate the denomina-
tion of notes required, and whether they are
to be issued il blank, or payable to order
When So endorsed il must be left with the
officer receiving the deposit, to be forwarded
10 the Treasury Department.
Subscriptions will lie received by the
Treasurer Of tie United States. at Wash
igntun. the several assistant Treasurcrs and
DESIGNATED ilpB0sitarics and Ny tIe