American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-09-14
u. S. 7-3O Loan.

THE Secretary of the Treasury gives notice that sub
scriptions will be received for Coupon Treasury Notes,
payable three years from Aug 18th, 1864, with sea-
nua interest at rate of and three-tenths per
cent per annumprineipal and interest both to be paid
Unlawful money
These notes will be convertible at the option of the
holder at maturity into six per cent gold bearing bonds
from their date as the Government may elect They
will be issued in denominations of $50 $780, $780, 81 900
and S. 600 and all subscriptions bo for y dollars
or some multlpleof afy dollars.
The notes will be transmitted to the free Of
transportation charges after the receipt of the
original Certificate of Deposit as they be prepared
As the notes draw interest from August Is, persons
making deposits subsequent that date must pay the
interest accrusd from date of note to date of deposit
Parties deposthg twenty-five thousand dollars and
upwards for these notes any time will be allowed
commission of onequarter of per cent which will
be paid by the Treasury Department upon the receipt Of
bill for the amount certified by the officer with whom
the deposit made. No deductions for commissions
must be made from the deposits
Special Advantages of This Loan,
In Is ANArIoNM SAVINGS BAND, offering higher rate
of interest than any other and e best security Any
savings bank which pays its depostors In U. s. Notes
considers thn it paying in the best circulating medium
Of the country and pay in anything better fol-
its own assets are either in government securities in
notes bonds payable in government paper,
It is equally conyeniet a temporary permanent
Investment The notes always be sold for within
fraction of their face and accumulated interest," and art
the best security with banks ooateras for discounts
Conve rtible into Six per cent $40 Gold Bond
In addition the very liberal interest the notes fo
three years. this privilege Of conversion now wortt
about three per cent per for the current rate fo
$50 Bonds is not less than mine per cent prsniH ant
before the war the premium in six per cent u S. scc
was twenty per cent 1t will be seen that the &C
ual profit this oan at the present market rate Is no
less than ten per cent. per annum
| lis Exempto from State or Municipal Taxation
But aside from all the advantages haze enumera
ted special Act of Congress erempts all bonds anc
Treasury notes from Iaeal taration. On the average
this exemption Is worth about per cent. per annum
occordng to the rate Of taxation in various parts of thu
| country.
ts believed that no securities offer great induce
ments to lenders as those issued by the government.
In all other forms of indebtedness the faith ability
of private parties stock companies separate com
munties ouly, Is pledged sr payment while the Who'll
property of the country is held to the dscharg
Of all the obligations Of the Uniied States.
While the government offers the most liberal term
for s loans believes that the very strongest appea
will be tho loyalty and patriotism of the people.
Duplicate certificates will be issued for all deposits
The party depositlng must endorse upon the orfgtna
certificate the denomination Of notes required, anC
whether they are bo issued in blank payable to
der Whom so endorsed it must be left with tho office
receiving the deposit to be forwarded to the Treasur!
| Department.
SUBSCRIPTIONS WILL BIZ RECEIVED by the T9asurer {
the United States at Washington the several Assisan
Trcasurers and designated DePostares, and by tho
First National Bank of
Allegheny City, Pa. First Second, and Third Nationa
Banks of Pittsburgh, Pa, and by all National Bank
which are depositarics Of public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further information
AFFORD EVERY FACILITY TO SUBSCRIBERS.
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