The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-05-24
U. S. 10-4O BONDS.

These Bonds are issued under the Act of Congress
OF March sh 1854. which provides that in lieu Of SO
much of the loan authorized by the Act eff March 3D.
1861 to which this is supplementary the Secretary Of
the Treasury Is authorized TO borrow from time to
time. the credit of the United States OF exceed.
ing Two HusDshD MILLION Dor LARS during the
current fiscal year aud prepare issue therefor
Coupon and Registered Bonds OF the L nited States;
and all Bonds issued under this Act shall be EXEMPT
PROM TAXATION by or under any State or munich
pal authority Subscriptions 10 these Bonds are re-
csiyed in United States notes OF National Banks =
They aero BE RKDEEaEp IN cofs, at the pleas
ure of the Government at any period not less than
ten nor more haa forty ye1rs from their date and
until their redemption FIVE PER CENT rsrxRKsr
WILL be PAID IN COIN. on Bonds OF not over one
hundred dollars annually and all other bonds Sc
mi.annually.
The iAterest IL payable on the frat day Of March
and September in each year. The semi annual Cou-
pons are payable at those dates, and the annual
Coupons on the 90 and 100 dollar bonds pay able
on the first of March.
Subscribers will receive either Registered or Con-
pom bonds, as they may prefer. Registered Bonds
are recorded on the books Of the u s. Treasurer,
and can be transferred only at the owners order
Coupon Bonds are payable TO bearer. and are more
convenient for commercial use.
Registered Bonds will be Issued Of the denomina.
tons of Fifty Dollars 1850. One Hundred Dollars
$780, Five Hundred Dollars (5OOl One thousand
Dollars si .Oo)l Five Thousand Dollars oool and
Ten Thousand Dollars tsi 10 0ool; and Coupon Bond.
OF the denominations of Fifty Dollars $780, One
Hundred Dollars tslool. Five Hundred Dollars
ts5ool, and One thousand Dollars 81 .oool.
Subscribers to this loan viii have the option of
having their bonds draw interest from March lst
by paying the accrued interest eoin-or in United
2tas. - ~.
fifty per cent. for PREMIUM receive them draw
ing interest from the date Of subscription aud de.
posit
As these Bonds are exempt from Municipal or
State taxation, their value is increased from TO
three per cent per annam. according to the rate of
tax leyies in various parts of the country.
At the present rate OF premium ON gold they pay
eight per cent nterest in currency aud are of
equal convenience permanent or temporary in
vestment.
II is believed that securities Offer 20 great In
ducements TO lenders the various descriptions of
U. s. Bonds. In all other forms Of Indebtedness
the faith ability Of private parties stock CON-
panes or separate communities only is pledged for
payment while Tor the debtso the United States the
whole property of the country is holden to secure
the payment or both principal and isterest in coin
The Bonds may be subscribed for in sums from
thus made available to the smallest ienger and
the largest capitalist. They DO converted into
money at any moment, and the holder will have the
benefit of the interest.
The fact that all duties on imports are payable in
specie furnishes fund for like pay ment Of interest
on all Government bonds largely In excess of the
wants Of the treasury for this purpose.
Upon receipt of subscriptions a certificate of de-
posit there or in duplicate viii be issued the orig
nal of which will be forwarded by the subscriber TO
the Secretary of the Treasury, at Washington, with
letter stating the kind Registered couponl and
the denominations of bonds required.
Upon the resept of the original certificate at the
Treasury Department, the bonds subscribed for will
be transmitted to the subscribers respectively.
subscriptions wi be received BY the Treasurer
ofthe UHitsd States at Washington. and the Assist
ant Treasures at New York, Boston and Philade.-
phia and by the
First National Bank of Portland. Me-,
First National Bank Of Augusta. Me-,
First Ma ional Bank of Bangor. Me,
First Nationa al Bank of Bath, Ne,
First National Bank of Brunswick, Ne,
and by all National Banks which are depcstaries of
public money. All respectable banks and bankers
throughout the country will furnish further infor-
nation on application, and afford every facility ia
subscribers. may2Od&w2ss