Evening star. [volume] (Washington, D.C.) 1854-1972, 1864-04-29
u. =. 1910 BONDS.

These Bopd a Are issued under the Act Of Congress
of March Sth. 1854, which provides that oil Bonds
issued under this Act shall be EXEMPT FROM
TAXATION by or under any State or municipai
authority. Subscriptions to these Bonds are re.
ceived in United States notes or notes Of Nationa
Banks They are TO BE REDEEhED IN COIN
at the pleasure Of the Government, at any perioa
no, less than ten nor than forty years from their
date, and until their redemption FIVE Pen
CENT, INTEREST WILL BE PAID IN COIN,
on Bonds of not over she hundred dollars annually
and on all other Bonds semi annually The in
terest is payable on the first days of March anu
September in each year.
Registered Bonds are recorded on the Books OF
the United States Treasurer and can be trans
ferred only on the owners order Coupon Bonds
are payable to bearer, and are more convenient
for Commercial uses. ."- @.s . +
Subscribers to this loan will have the option Of
having their Bonds draw interest from March 1st,
by paying the accrued interest in coin-tor in Uni
ted States notes, or the notes Of National Banks,
adding Fifty per cent. for premium,) or receive
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
to three per cent. per annum, according to the
rate of tax leves in various parts of the country
At the present rate of premium on gold they pay
over eight per cent. interest in currency, and are
of equal convenience as a permanent or temporary
Investment.
It is believed that no securities offer great
inducements to lenders as the various descrip
lions of u S. Bonds. In all other forms of in
debtedness, the faith or ability Of private parties
or stock companies or separate communities only
is pledged for payment while for the debts Of the
United States the whole property of the country
is holden to secure the payment of both principal
and interest in coin. : .r. ....s
These Bonds may be subscribed for in sums from
$50 up to any m Magnitude, on the same terms and
are 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 the benefit of the interest.
The fact that all duties on imports are payable
in specie furnishes fund for like payment Of in
terest on all Government Bonds largely in excess
of the wants of the treasury for this purpose.
Instructions to the National Banks acting as
loan agents were not issued from the United States
Treasury until March IS, but in the first three
weeks of April the subscriptions have averaged
more than
TEN MILLIONS A WEEK, .-.ra
Subscriptions will be received by the Treasurer
Of the United States at Washington, and the Assist
ant Tyeasu,srs at New York, Boston, and Philadel-
phia, and by the 70 - ...s
FIRST NATIONAL BANK OF WASHINGTON.
FIRST NATIONAL BANK OF BALTIMORE,
FIRST NATIONAL BANK OF PHILADELPHIA,
and by all National Banks which are depostaries
of public money. All respectable banks and bank
ers throughout the country will furnish further
information on application, and afford every ia
cilty to subscribers. SIP 29-1w