The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-06-15
us. IO-aO BONDS.

of congress of March 9Th, 1864, which
Act shall be EXEMPT FROM TAXATION
by or under any stale or municipal author.
lily. Subscriptions 10 these Bonds are re
ceived in Unit cd States notes or notes of
National Banks. They are TO BE RE
DEEMED IN COIN, at the pleasure of the
Government, at any period rot less than
ten nor more than forty years from their
da.e, and uuiil their redemption FIVE
PER CENT. INTEREST WILL Be PAID
IN COIN, on Bonds OF not over one hum
dred dollars annually and on all other
Bonds semi. annually. The interest is paw
able on The first days of March and Sep-
iember in each year.
Subscribers will received sfher Regis
tered or Coupon Bonds, as they may pre-
fer. Registered Bonds are recorded on the
books of the U. S. Treasurer, and can be-
transferred only Oh the owners order
Coupon Bonds are payable to bearer, and
are m ore convenient for commercial uses.
Subscribers 10 this, loan Will have the
option of having their Bonds draw iuier est
from March Ist, by paying the accrued in-
tefesi in coin-(or ia United States notes,
or the notes of National Banks, adding it,
ty per cent. fo, premium,l or rece,ve them
drawing interest from The date OF subscrip-
ton and deposit. As these Bonds are
Exempt from Municipal or State
Taxation,
their value is increased from one 10 three
per cent. per snnum, according TO the rate
OF tax Ievfss in various parts OF the coun-
try.
Al the present rate of premium on gold
they pay
OVER EIGHT PER CENT INTEREST
in currency, and are OF equal convenience
as permanent or temporary investment
Itis believed mat no securities offer SO
great inducements to lenders as The various
descriptions of U S. Bonds. In all other
ferns of Indebtedness, the faith or ability
OK private parties or block companies or
separate communities only is pledged for
payment, while for The debts of the United
States the whole properly Of he country
is holden 10 secure The payment of both
principal and interest in coin.
These Bonds may be subscribed foi in
sums from $50 up TO any magnitude, on
the same terms and are thus made equally
available 10 The smallest lender and the
largest capitalist. They can be converted
into money a, any moment, and the holder
will have The benei, of the interest.
il may be useful 10 state in this connec-
ton that ihe total Funded Debt of the
United States on which interest is payable
in gold, on The Sd day of March, 1864, was
S76s, ,965 600. The interest on this deb,
for the coming fiscal year will be 81 5,937,
l26, while The customs revenus in gold
foi the current fiscal year. ending June
soth, 1864, bas been so far al the rale Of
over 500, 900 600 per annum.
Ii will be seen that even the prese Mt
gold revenues Of The Government are large
ly in excess of The wants OF the treasury
for The payment of gold interest, while the
recent increase of the tariff will doubtless
raise the anDualsfeceipis from customs ou
the same amour; of importalions, TO $50,
900 900 per annum.
Instructions 10 the National Banks act
ing az loan agents were not issued from
the United Stale Treasury until March %,
but in the ftst three weeks OF April the
subscriptions averaged more than TEN
MILLIONS A WEEK.
Subscriptions will be received by all
National Banks
which are deposiiaries of pubic money;
and all
RESPECTA BILE BANKS AND BANKERS
Throughout, the country, (acting as agents
OF the National Deposi.ary Ba nks,) vii
furnish further information on application
and
AFFORD EVERY FACILITY TO SUB
CCRlRERS