North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-06-15
U. S. 1910 Bonds.

| These Goas are issued under the Act Of Congress
of March 9Th 1864, which provides that all Bond
issued under this Act shall be EXEMPT FROM
| TAX ALTON hy or under any state or municipal
tn rty Subscriptions etIv,o Bonds are receive
in United States notes % notes OF Natinnal Bant<
They are TO BE REDEEMED IN COIN at III,
pleasure Of the Government a any peri d not less
than ten nor more than forty years from their date
AMI until their redemption FIVE PER CENT IN
| TEREST WILL BE PAID IN COIN, on Bonds of
not one hundred dollars annually and on all
! other Bonds sen-annuaIy. The interest is payable
on the frat days of March and September in each
year.
Subscribers will receive either Registered or Cou-
pom Bonds they may prefer. Registered Bonds
are recorded on the bouks of the [. s Treasurer,
and can be transferred only on the owne. 5 ordcr-
Coupon Bonds payable TO bearer and are more
convenient for commercial uses.
Subscribers to this loan will have the option of
having their Bonds draw interest from March lst by
payn. the accrued interest in coin (or in United
States the notes Of National Banks, adding fifty
per cent, from premium receive them drawing
interest from the drte Of subscription and depo.et
theses Bond
Exempt from Municipal OF State Taxation,
per anuum according to the rate of tax Ievies in
various parts of the country.
At the present rate ofpremium gold they pay
Over Eight per Cent Interest
In currency aani Of equal convenience as per-
manent lor temporary investment.
1t is believed that no securities offer SO great in
ducements to lenders the various descriptions of
Us. Bonds In all other forms of Indebtedness, the
faith or ability of private parties or stock cOmpa
MES separate communities only is pledge for
payment, while for the debt of the United States /
the who's property of the country, is holden to .e
cure the s7ment of both principal and interest In
coin.
These Bonds may be subscribed for in sums from
$50 up to any magnitude, on the terms, and
arc thus made equally available to the smolle lem
der and the largest capitalist They can be convert
have the bene t of the interest
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 81 day of
March, 1864. was s768, 965, OO0 The interest on
this debt for the coming fiscal year will be S45 1927,
l26 while the customs in gold for the cur
rent fiscal year ending June Goth 1884 has heen
SO far at the rate of over Sl00,000,0O0 per annum
1t will be that the present gold reve-
nue. of the Government largely in excess of the
wants Of the Treasury for the payment of gold in
teres, while the recent increase of the tariff will
doubtless raise the annual receipts from customs
the same amount Of impartations to $50 OO0, 600
per annum.
Instructions to the National Banks acting as loan
agents not Issued from the United State treas
ury until March 26, 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 Philadelphia, Pa.
Second National Bank eff Philadelphia, Pa.
The National Bank of Philadelphia. Pa.
AND BY ALL NATIONAL BANKS
which are depostaries of Public money and all
RESPECTABLE BANKS AND BANKERS
throughout the country, (acting as agents of tbs
National Depositary B.nks) will furnish further
information on application and
AFFORD EVERY FACILITY TO SUBSCRIBERS
%Ie~