Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1864-06-10
U.S.lO-4ORQNDs.

These Bonds are issued under 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 stse or municipal authority. subscrip
ous to these Bonds received in United States notes
or notes of National Banks. They are TO BE REDEEM
ED IN COIN at the pleasure of the Government at any
period NOT less than ten nor more than forty from
their date and until their redemption FIVE PER CENT
INTEREST Will. BE PAID IN COIN. on Bonds of not
over one hundred dollars annually and all other Bonds
semi-anuuay 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
transferred only on the owners order. Coupon Bonds
are payable bearer and convenient for
mercial uses
Subscribers this loan will have the option of having
interest coin-(or United States notes,
the of National Banks, adding fifty per cent for
premum) receiving them drawing interest from the
date of subscription and deposit AS these Bonds
Exempt from Municipal or State Taxation,
their value is increased to three cent per
annum accOrdingto the rate of tax eyes in various
parts of the country.
At the present rate of premium on gold they pay
Over Eight per cent Interest,
currency, and are ofequal convenience ss permanent
or temporary investment.
1t believed that no securities offer great induce
ments to lenders the various descriptions of United
States Bonds In all other forms of indebtedness, the
faith or ability of private parties stock companies
or separate communities only is pledged for payment
ment while for the debts of the United States the whole
property the country is holden to the payment
Of both principal and interest in coin.
These Bonds may be subscribed for in from $50
up to any magnitude the same terms, and thus
made equally available to the smallest lender and the
largest capitalist They be converted into money
any moment and the holder viii have the benefit of the
interest.
may be useful to state in this connection that the to-
tai funded debt ofthe United States which interest
payable in goI on the Sd day March, 1854 $685.
s65 OOO The this debt the coming fiscal
year will be 26 while the custsms revenue in
gold the curAnt fiscal year. ending June SOth 1854
been SO far at the OfOver 500 annum
1t will be seen that the present gold revenues o
the Government largely in Ofthe wants of the
Treasury for the payment of gold interest while the
cent increase Of the tariff will doubtless raise the
receipts from customs the amount of imPorta-
tions, to s15O,OOO,OOO per annum.
Instructions to the National Banks acting loan
agents we're the United States Treasury
until March &C. but in the first three weeks of April the
subscriptions averaged more than TEN MILLIONS A
WEEK. Subscriptions will be received by the
FIRST NATIONAL BANK,
OF FREMONT,
AND BY ALL NATIONAL BANKS,
which are depositaries of Public Money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country acng agents of the Nationa
Depository Banks will furnish further information
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