The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1864-05-14
u. s. 1910 BONDS.

These Bsuds are issued under the Act 81 Congress
81 March Eth, 1884, whi-h provides that all Bends -
sued under this Act shall b EXEMPT FROM TAXA.
TIoN By or under any state municipal authority
Subscriptions to those Bonds received in United
states notes or notes Of National Banks. They
TO BE REDEEMED IN COIN, At the pleasure Of the
Government, At any period no. less than ten nor
more than forty years from their date until their
redemption Five PER GENT. INTEREST WILL BE
PAID IN COIN, on Bonds Of not ever one hundred
dellars annually and all other Bonds semi nually
The interest 10 payable the first days Of March
and Sep,e nber in each year.
Subscribers will receive either Registered ,r Coup
on Bonds, A. they may prefer. Registered Bonds are
recorded the books Of the u O. Treasurer and
b ira ,sferred only on the owners order. Cnupon
Bends payable to bearer. and
venient for commercial uses.
Subscribers to tkis loan will have the option Of
having their Bonds draw interest from March lst BY
paying the accrued interest Ia coin@er in United
States notes. the notes Of National Banks adding
crt per cent fer prsmiun.) receive them drawing
interest rsm the date Of subscriptions and deposit
A these Bonds are
EXEMPT FROM MUNICIPAL OR STATE TAXATION.
their value is increased from to three per cen.
per annum, according the rate Of ievIss in
rious parts OF the country.
A. the present rate Of premium gold they pay
Over Eight Per Cent Interest
in currency. and Of equal convenience . perms
nsnt or temporary investment.
Ills believed that securities Offer great induce
nents TO lenders the var descriptions o. U.
Bonds In all other forms Of fndebtedness the faith
or ability Of private parties or stock companies
separate communities only 10 pledged for payment
while for the debts Of the United. States the whse
property OF ths country il oljsn to the pay
nent OF both principal and interest In coin.
These Bonds nay be subscribed for in sums from
so up to any magnitude, en- the same terms, and
thus nade equally available - the smallest lender
and the largest capitalist. They can be converted
into msnsy at any moment, and the holder will have
the benefit Of he interest
1t may be useful to in this connection tha. the
total Funded Debt Of the United States which in .
terest is payable in the Sd d<y OF March, 1854,
SOS sos Geo. The interest this debt for the
coming FISCAL year will S45 s3Il7s, while the GUS
toms in gold for the current fiscal year cd
ing June Both, 1861 has been far At the rate Of
over 500 ,oOs 0c0 per anBum.
1t will b. seen that the present gold revenues
o. the Government are largely in excess OF the wants
of,he Treasurer for the paymcn. OF gold interest.
while the recent increase OF the tariff will doubtless
raise the snnua! receipts from customs til
amount Of impo.tations, to $500 o0e per
Instructions to the National Banks acting Is loan
agents issued from the United State Treas
ury unit, March Ssh. bu, n the hrs, three weeks Of
April the subscriptions averaged ners than TEN
MILLIONS wEtk-
Subscriptions will be received by the
First National Bank of Aurora, Ill.
FRS, National Bank Of Cairo, Ill.
FIRST National Bank OF Chicago, H.
eecond National Bank Of Chicago, Ill.
Third National Bank Of Chicago. III.
frs: National Back Of Peoria. III.
Second National Bank of Peoria, III.
Frs; National Bank Of Springfield, III.
Which are dspo.i.arie, o: Public nonsy, And all
EEsYECrABLE BANKS AND BANKERS
throughout tie country, (actiag As sEen,s Q, the
National Depss,ary BAnks.l viii furnish further in
formation on application ad
AFFORD EVERY PACILIP, To sUBsCRIBEKs.
May II, 1865