The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1864-06-10
U.,S.lO-40 BONDS.

1nese D0ndS are lssueu uhder tHe ACT OF
Congress of March sth, 1864, which provides
that all Bonds issued under this Act shall be-
EXEMPT FROM TAXATION by or under
any state or municipal authority. Subscrip-
tions to these Bonds are received in United
States notes or notes of National Banks,
They are TO BE REDEEMED IN COIN, al
the pleasure of the Govern mont, at any period
NOT LESS THAN TEN NOR MORE THAN poRrr
YEARS from their date, aud until their re
demption FIVE PER CENT. INTERE ST
WILL BE PAID IN COIN, on Bonds Of not
over one hun ired dollars annually and on all
other Bonds semi-annually. The interest is
payable on the first days of March and Sep
tem'er in each year.
Subscribers will receive either Registered
or Coupon Bonds, as they may prefer. Regis
tered Bonds are recorded on the books of the
"'"'e', "pu e"h Ue transferred only
on the owners order. Coupon Bonds arc
payable to bearer and are more conyenien
for commercial uses. .-.. ..-
Subscribers to this loan will have the option
of having their Bonds draw interest from
March lst, by paying the accrued interest in
coin in United States notes, or the notes
of Notional Banks adding fifty per per cent, !,
for prcmium,) or receive them drawing in
tcrest from the date of subscription and de-
posit. AS these Bonds are t'.......
Exempt from Municipal or State Tax
atiOn, ~ as'iI I
their value is increased from one to three per
cent. per annum, according to the rate Of tax
levies in various parts of the country. q d
AT the present rate Of premium on gold
hey pay
OVER EIGHT PER CENT INTEREST
in currency, and are of equal convenience ~
permanent or temporary investment.
1t is believed that no securities offer SO
great inducements to lenders as tho various
descriptions of U. S. Bonds. In oil oher
forms of iudebtness, the faith or ability CT
private parties or stock companies or separate
communities only is pledged for payment.
while for the debts of the UuitsI States the
whole property Of the country is holden to
secure the payment of beth principal and In
terest in coin.
These Bonds may be subscribed for in sums
from $50 up to any magnitude, on the sam o
terms and arc thus made equally available
to the smallest lender and The largest
capitalist. They can be converted into money
at any moment and the holder will have tho
benefit of the interest. 3. az. a ltl
1t may be useful to state in this connection
that the total Funded Debt Of the United
states on which interest is payable in gold,
on the Sd of March, 1864, was $7Gs, 1885, 900.
The interest on this debt fOr the coming fiscal
year will be $45,937, l26, while the Gus oms
revenue in gold for the current 6scal year,
ending June 3Oth, 1864, has been 50 far at the
rate of over $lOOoooooo per annum, ".7,-
1t will be seen that even the present gold
revenues of the Government are largely 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
annual receipts from customs on the same
an cunt of importations, to sl5o,O00o0O per
annum. . ... .. .- rH, al-aHl-.
Instructions to the National Banks acting
IS loan agents were not issued from the Uni
ted States Treasury until March 26, but in
the first three weeks of -1pril the subscrip-
tons averaged more than TEN MILLIONS A
WEEK. -H7'.'
Subscriptions will be received by the
First National Bank of Sandusky, o.
Second National Bank of Sandusky, o.
First National Bank of Upper sandusky, o.
AND by ALL NATIONAL BANKS
which are dcpositaries of Public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country (acting as agents
the National Depositary Banks, will furnish
further information on application and af-
ford every facility to subscribers, 1ri11I
May II, 1861. n39-2m.
TO THE FARMER !!