Delaware State journal and statesman., 1864-05-20
U. S. 1O-4O BONDS.

These Bonds Rre issued uuder the Act Of congress
March sh 1861 which provides that all Bonds Issue
under this Act shall be EXEMPT FROM TAXATION b.
or under any stats municipal authority. subscrip
tons to these Bonds received in United States note
or notes Of National Banks They TO BE REDEEM
ED in o0IN at the pleasure OF the Government al any
period not less than ten than forty years 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
semisnnually The interest ia payable the first days
Of March and September in each year.
Subscribers will receive either Registered or Coupon
Bonds they prefer Registered Bonds are record
cd the books of s. Treasurer and can bs rans
ferred emily the owners order Coupon Bonds are pay
able to bearer and more convenient for commercial
| uses.
Subscribers to this loan will have the option having
their Bonds draw interest from March 1st by paying the
accrued interest in colnCor in United States notes. or
the notes of National Banks adding afy per cent for
pTemium) receive them drawing interest from the
date of subscription and depo,it As these Bonds are
Exempt from Municipal or state Taxa
tton,
their value is Increased from one to three per cent
per annum according the rate evies in various
parts Of the country.
At the present rate of premium gold they pay
Over Eight per Cent Interest
in currency, and of equal convenience as
or temporary Investment.
1t is believed that secureties offer so great ini
dueementa to lenders the various descriptions of g.
Bonds In ali other forms of lndebsdness the faith or
ability of private parties stock companies or separate
communities only is pledged for payment, while for the
debts Of the United States the whole property of the
county is holden to the payment of both principal
and interest in coin.
These Bonds may be subscribed for in sums from sbo
up to any magnitude, the same terms and are thus
made equally available the smallest lender and the
largest capitalist They be converted into money at
any moment, and the holder WIN nv t. luy.toi IT,
interest.
1t may beuseful to stats in this connection that the
total Funded Debt of the United States on which interest
payable lin gold, the I'd day of srch 1884, was,
s76se66OO The interest on this debt for the coming
fiscal year will be $685. l2e, while the customs revenue
in gold for the current fiscal year. ending June soth
1864 has been so far at the rate Of over 900 per
annum.
1t will be that the present gold revenues of
the Government largely in the wants OF the
Treasurer for the payment of gold inrerest while the
recent increase Of the tariff Will doubtless raise the
annual receipts from customs the same amount of
importatiOns, to I5O,oOO,OOO per annum.
Instructions to the National Banks acting as loan |
agents not issued from tie United States Treasury
until March 2G but In the first thee weeks of April the
subscriptions averaged more than TEN MILLIONS A |
WEEK.
Subscriptions will be received by the
First National Bank of Akron, 0.
First National Bank of Bridgeport, %.
First National Bank Of Canton, o.
First National Bank of Baltimore, Nd.
Fist National Bank of Washington, D. C.
AND BY ALL NATIONAL BANKS
which depositAries of Public money, and all
RESPECTABLE BANKS AND BANKERS
the country acng agents Of the Nation
al Dspostary Banks will furpish further Information
on application and
AFFORD EVERY FACILITY To SUBSCRIBERS.