Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-05-17
u. s. CON DS.
u. s. 1O-40 BONDS.

These Bonds issued under the Act Of Congress Of
March sih 1854 which provides that in lieu Of much
Of the authorized By the Of March 3D. 1868
which this s supplementary the Secretary Of the Treas
ury is authorized borrow from time TO time on
the credit Of the United States, not exceeding TWO
HUNDRED MILLION DOLLARS during the current
fiscal year. and prepare and issue therefor Coupon
Registered Bonds of the United States; and all Bonds
issued under this Act shall be EXEMPT FROM TAXA
TloN by or under any State or municipal authority
Subscriptions these Bonds are received in United
States Of National Banks. They are TO
BE REDEEMED IN coin, at the pleasure of the Cow
erRmen at any period not less IAN ten more than
forty years from their date redemption
Bonds Of not over one hundred dollars annually and
all other Bonds semi annually.
The interest Is payable on the first days Of March and
September in each year. The semi annual Coupons
payable al those dates and the annual Coupons on the
$50 and 500 Bonds payable the first Of March
Subscribers will receive either Registered or Coupon
Bonds they may prefer. Registered Bonds are re-
corded the books Of the United States Treasurer and
be transferred only the owners order. Coupon
Bonds payable bearer and are more convenient for
commercial uses.
Registered Bonds will be issued the denominations Of
Fifty Dollars $3.50, One Hundred Dollars (slOO Five
Hundred Dollars (s5Oo)) One Thousand Dollars al OOO)
Five Thousand Dollars $4,000, and Ten Thousand Doll
lars slOOOo and Coupon Bonds denominations Of
Fifty Dollars $3.50, One Hundred Dollars $780, Five
Hundred Dollars Cs5OO), and One Thousand Dollars
$1,000
Subscribers this loan will option Of having
their Bonds draw interest from March ls by paying the
accrued interest in coin Tor in Unired States notes. the
notes Of National Banks adding y per cent for pre-
mum receive them drawing from the Of
subscription and deposit.
AS these Bonds are exempt from municipal or State
taxation their value is increased from one to three per
cent per annum according the of leves in
various parts OF the country.
NJ pieseht Vi picnluH oh soiu 'hcy pay oNcf
eight per currency and are of equal con
venience permanent temporary investment.
1t is believed that securities offer great induce
to lenders the various descriptions of U. S.
Bonds 10 all other forms of Indebtedness, the faith
ability of private parties stock companies separate
communities only is pledged for payment while for the
debts of the Unite he VIII of he
country is holden the payment both princpa
and interest in coin.
These Bonds may be subscribed for in from $50
up to any magnitude, the terms, and are thus
largest capitalist They be converted into money at
any and holder will have benefit of the
interest.
The fact that all duties imports payable specie
furnishes fund for like payment Of interest all Gov
eminent Bonds largely in excess of the wants of the
treasury for this purpose.
Upon the receipt of subscriptions certificate of deposit
therefore, duplicate, will issued. original of
which will be forwarded by he subscriber TO the secre
tay the Treasury Washington. letter stating
the kind Registered coupon and the denominations of
bonds required.
Upon the receipt of the original certificates at the
Treasury Department the bonds subscribed for will be
transmitted to the subscribers respectively.
Subscriptions will be received by the Treasurer oft1e
United safes. at Washington, and the assistant Treas
at New York, Boston and Philadelphia by the
First National Bank Of indianapolis md, and by all
National Banks which depostares of public money
All respectable banks and bankers throughout the coun-
try will furnish further information application and
afford every facility to subscribers.