The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1864-05-25
u. S. 1910
BONDS!

These Bonds s.nei under the Act Of Congress Of
March sth 1864 which provides that al Bonds issued
under this Act shall be EXEMPT FROM TAXATION
BY or under any state municipal authority. Sub
scrptons 70 these Bonds received in United States
note. Or notes or National Banks. They TO BE
REDEENID IL cOIN, at the pleasure Of the Gov
crnment, At any period k-s haa ,eaa than
forty years their date, aud until their redemption.
PER CENT INTEREST WILL BE PAID IN COIN,
on Bonds Of not over one hundred dollars annually and
on all other Bonds semi annually. The interest is pay
bic on the first days Of March and September in each
year.
Subscribers will receive either Registered or Coupon
Bonds a. they may prefer Registered Bonds are re
corded on the books Of the Z. : Treasurer, and
be transferred only the owners order. Cu?on Bonds
are payable to bearer, and are convenient for
commercial uses.
Subscribers to this aon viii have the option Of having
their Bonds draw interest from March lst by paying the
accured interest in coin in United states notes, or
the notos Or National Banks adding fifty per cent. for
premium, receive them drawing interest from the
date of subscription AMI deposit As these Bonds are
Exempt from Municipal or State Taxation,
their value is increased from to three per cent per
annum according to the rate Of leves in various
parts Of the country.
At the present rate Of premium gold they pay
Over Eight Per Cent. Interest
IN currency, aud are Of equal convenience perma
nento temporary investment
It; believed that no securities offer so great induce
ments 70 lenders the various descriptions of L.
s. Bonds In all other forms Of Indebtedness the faith
or ability Of private parties stuck companies
separate communities only Is plr lcei for payment.
while for tile debt, Of the United States the whole
property Of the country holden the payment
NJ both principal aul interest in coin.
These Bonds may be subscribed for in sums from
$50 up 10 any magnitude, the same terms and are
thus made equally available tie smallest lender and
tie largest capitalist. They can be converted into
money rt any moment and tie holder will have the
benefit Of the interest
may be useful 70 state in this connection that the
total Funded Debt Of the United states ON which in
tcrestt payable in goli the "a day Of March, 1864
S96s $4,000. The interest this debt the
coming fiscal year will he si5,957 i26 while the Gus
god for the current fiscal year, ending
June sOth. 1854, has been the rate Of over
500 900 600 per nnnum.
u will be that the present gold
N tho Government largely in Of the
OF the Treasurer Tor the payment of gold interest,
while The recent increase Of the uriT will doubtless
raise the annual receipts from customs the same
amount Of importations. to s l5.0o0o0o per annum.
Instructions the N1tiou, Banks acting as loan
agents were issued from the UnteI States Tr,asu
r. until March 70, but in the first three weeks Of April
t,e subscriptions average more than TEN MILLIONS
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Subscriptions will hc received hy the
FIRST National Brnl OF Eyaasvii!c. Ind.
First National Bank OF Fort WAYNE. Ind.
First National Bank Of Lafayette, Ind.
First National Bank Of Madison, Ind.
First National Bank of Tcrrc I!autc. Ind.
First National Bank OF Richmond Ind.
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