Delaware State journal and statesman., 1864-06-28
U. S. 1O-4O BONDS.


III eie Bonds issued under the Act of congress
March sih, 1864 which provides that all Bonds issued
under this Act shall be Exempt FROM TAXATION b.,
or under any state municipal authority. subserip
tions to thes, Bonds received In United States notes
or noles Of National Banks. They aro TO BE REDEEM.
ED IN COIN, at the pleasure OF the Government any
period nj less Than ten more than forty years from
their date, and until their redemption FIVE PER CENT
INTEREST WILL BE PAID IN COIN, on Bonds Of moi
one bundled dollars annually aud all other Bond
ssmiannually The interest payable the FIRST days
Of March and September in each year.
Subscribers will receive either Registered Coupon
Bonds they may prefer Registered Bonds record
ed the books of tho U s. Treasurer he trans
fsrrod only the owners order. Coupon Bonds pay
able to bearer and convenient for commercial
uses.
subscrsrs to this loan will have the option having
their Bonds draw interest from March si by paying the
accrued interest in coinor in United States notes.
the notes of National hank, adding Gry per for
premium) roselvs them drawing interest from the
date Of subscription and depo.t As these Bonds aro
Exempt from Municipal or state Taxa-
ttOn,
their value Is increased from ono to three per cont
annum, according the rate levies in various
paris Of the country.
At the present rate Of premium gold they pay
Over Eight per Cent Interest
in currency, and foqua convenience as permanent
or temporary Investment.
It Is believed that no sseurielies offer crest in
durementa TO lenders the various pions of u s.
Bonds In all other forms of ind leiness tho faith or
ability Of private parties stock companies Or separate
communities only is pledged for payment, while for The
debis of the United sales the whole property of the
country Is holden to the payment Of both prncipa
and interest in coin.
These Bonds may be subscribed for ia sums from $50
up TO any magnitude, tho torms and are thus
made equally available TO the smallest lender and tie
largest capitalist They be converted into money at
any moment and the holder will ave the bcnoa Of the
interest.
1t may beusefu to state in this connection that the
total Funded Debt Of the United States on which interest
is payable lin gold, the sd day of March, 1861 WAS
s76ssd5OOO The interest on this debt for the coming
ascal year will be sI5sa 1876 while tho customs revenue
In gold for the current fiscal year ending June 9olh
1891 has been at the rate Of over per
annum.
1t will be that the present gold revenues of
the Government largely in q the wants OF til
Treasurer for the payment of gold inorest while the
recent Increase Of the tariff will doubtless raise the
annual receipts from customs the samo amount of
importations to 10000, 900 ror annum.
Instructions TO the National Banks acting as loan
agents not issued from the United States Treasury
until March 2s but in the first three weeks Of April tho
subscriptions averaged more than TEN MILLIONS A
WEEK.
Subscriptions will be received by ths
First National Bank Of Akron, o.
First National Bank Of Bridgeport, O..
First National Bank Of Canton, o.
FIRST National Bank of Baltimore, Md.
First National Bank of Washington, D. @.
AND BY ALL NATIONAL BANKS
which are deposiariea Of Public money and all
REsPEoTABLE BANKS AND BANKERS
the country Casting as agents of the Matt
al Depoitary Banks) will furnish further informal ion
on application and
AFFORD EVERY FACILITY TO SUBSCRIBE :.
mayo sm.