Delaware State journal and statesman., 1864-08-23
U. S. 1O-4O BONDS.

These Bonds Issued under the Act of Congress-
March 9Th, 1861, which provides that all Bonds Issue
under this Act shall be EXEMPT PROM TAXATION b
or under any State municipal authority. subscrp
ons to these Bonds received In United States note
or notes Of National Banks They are TO BE REDEEM
ED IN COIN at tile pleasure of the Government al any
period not 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 not
hundel dollars annually and on all other Bond
selpiannualy The interest Is payable on the rst days
Of March and September in each year.
Subscribers receive either Registered or Coupon
Bonds as they may prefer Registered Bonds are record
ed the books of the S. Treasurer and be trans
ered only on the owners order Coupon Bonds are pay
se to bearer and are more convenient for commercial
uses.
Subscribers to this loan will have the option of having
their Bonds draw interest from March ls by paying this
accrued interest in coinor in United States notes or
the notes of National Banks, adding afty per cent fer
premum,) or reeeys them drawing interest from the
date of subscription and depoi As these Bonds are
Exempt from Municipal or state Taxa
tiOn,
per annum according to the rate Of sves in various
parts of the country
At the present rate of premium on gold they pay
Over Eight per Cent Interest
in currency and equal convenience ass permanent
a tenn porary investment.
It Is believed that NO securities offer great induce
ments to londers the various descriptions OF u e.
Bonds In all other oims indebtedness the faith or
M ty Of private parties stock companies separate
communities only Is pledged for payment while for the
sbs of tue Uated states the whole property of the
country Is holden to secure the payment Of both Prnepa
and Interest in coin.
These Bonds may be subscribed for in sums from 500
upl any magnitude on the same terms, ard are thus
made equally available to the smallest lender and the
largest capitalist They can be converted into money At
any momen and the holder will have the benefit Of the
interest,
1t mar bs useful to state in this connection that the
total Funded Debt of the United saeson which interest
payable in gold on the I'D day of March, 1854 was
sG5 Ool The interest on this debt for the coming
fiscal year will lie 45 1876 while the customs revenue
in gold for the fiscal year ending June soth
1904 has been SO far at the rate of $oOoOOO per
annum.
1t will be seen that the present gold revenues Of
the Government are largely in of the wants of the
Treasurer for the payment Of gold interest, while the
recent increase Of the tariff will doubtless raise the
annual receipts from customs the amount Of i'm
,ortatiOus to slSO,OOO,oOo per annum.
Instructions to tho National Banks acting as loan
agents were not issued from the United States Treasury
until March 49, but in The first three weeks Of April the
subscriptions averaged moro than TEN MILLIONS
NHkK :. Esa
Subscriptions will be received by the
First National Bank of Akron, o.
First National Bank Of Bridgeport, o.
First National Bank Of Canton, o.
First National Bank of Baltimore, Nd
First National Bank of Washington, D. Q.
And by all National Banks
nbich are tepOsitarios Of public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country asng agents of the National
DepoAitary Danksl will furnish further information
application and
AFFORD EVERY FACILITY 10 SUBSCRIBERS. -
my aOsm