American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-05-25
u S. 1910 Bonds,


These Bonds are issued under the Act of Congress of
March sh 1894 which provides that all Bonds Issued
der this Act shall be EXEMPT FROM TAXATION by or
under any municipal authority. Subscriptions
to these Bonds are received in United States notes
notes of National Banks They are TO BE REDEEMED
IN COIN st the pleasure of the Government any pc
rod less than nor NOR. than forty years from their
date, and until their redemption FIVE PER CENT. IN
TERRsT WILL DE PAID IN COIN, on Bonds Of not
hundred dollars annually and other Bonds
semannualy. The interest is payable the first days
of March and September in each year.
Subscribers will receive either Registered Coupon
Bonds as they may prefer Registered Bonds record
ed on the books of the I. s Treasurer and be
ferred only on the owners order. Coupon Bonds are
payable to bearer and convenient for
cal uses
Subscribers this loan will have the option of having
their Bonds draw interest from March 1s by paying the
accrued interest In oolnor in United States notes.
the Of National Banks, adding ffy per cent for
premium) receive them drawing interest from the
date of subscription and deposit As these Bonds arc
their vauois increased from one to three cent per an
num- according to the rate Of tax lsvIo in various parts of
tho country.
At the present rate Of premium on gold they pay
Over Eight Per Cent Interest
in currency, and of equal convenience pSrma-
nont or temporary investment.
1t believed that no securities offer great induce
ments to lenders the various descriptions ofU Bonds
In all other forms of indebtedness the faith ability of
private parties stock companies separate communl
ties only pledged for payment while for the debts Of
the United the whole property of the country is
holden to the payment of both principal and in.
tercst in coin
These Bonds may be subscribed for in sums from $50
p to any magnitude on the same terms and are thus
made equally available to the smallest lender and the
largest capitalist They be converted into money
any moment ana the holder will have tho benefit of the
interest.
II may be useful to state in this connection that the
total Funded Debt Of the United States on which inter
cat is payable gold the Sd day of March, 1854
s7Gs oG500O The interest this debt for the coming
cal year will bo SIS e37 12G while the customs revenue
in gold for the fiscal year ending June 3Jth sel
has been far at rate Of over siOcOoOCoOper annum
1t will be that the present gold of
the Government are largely in Of the wants of the
Treasurer for the payment Of gold interest while the
cent ncrcao Of the tariff will doubtless raise the annual
receipts from customs on the same amount Of npora-
tions, to $3.50 COO per annuln
Instructions to the National Banks acting loan agents
wero not issued from the United State Treasury until
March 20 but in the first three weeks of April the sub
scriptions averaged more than TEN MILLIONS WEEK.
Subscriptions will be received by tho
FIRST National Bank of Philadelphia Pa.
Second National Bank of Philadelphia, Pa.
Third Nationd Bank Of Philadelphia Pa
And by oil National Banks
which are dopositarles Of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country actng agents of the Nation.
oil Deposary Banks viii furnish further information on
application and
AFFORD EVERY FACILITY TO SUBSCRIBERS.