Lewistown gazette. [volume] (Lewistown, Pa.) 1843-1944, 1864-06-22
|. :. lO-4O BONDS.

TNHESE Bonds are issued under the Act of Congress-
l. OF March sth, 1864, which provides that all Bonds
ISSUED under this Act shall be EXEMPT FROM TAX
ALTON by or under any state or municipal authority
subscriptions to these Bonds are received in United
states notes or notes of National Banks They are
TO BE REDEEMED IN COIN, at the pleasure Of
tue government at any period not less than ten nor
more 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 bun-
afed dollars annually and on all other Bonds semi
annually The interest payable on the first avs of
March and September in each wear
Subscribers will receive either Registered or Cou
pom Bonds, as they may prefer. Registered Bonds
are recorded the books of the T. s Treasurer and
can be transferred only the owners order. Cou-
pom Bonds payable to bearer and are mora con,
venient for commercial uses
Subscribers to this loan will have the option of hsv
ing their Bonds draw interest from March 1st Inv
paying the accrued interest in coin-(or in United
States notes, or the notes of National Banks adding
fifty per cent for premum) or receive them DRAWING
interest from the date of subscription and deposte
As these Bonds are
Exempt frCm Municipal or State Taxation.
their value is increased from one to three per cent
per "nnum according to the of tax cvies in va
rious 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 per
manent or temporary investment.
1t is believed that nosecurtes offer so great induce
ments to lenders the various descriptions of L. s
Bonds. In all other forms of Indebtedness 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 holden to secure the pay
nent of both principal and interest in coin.
These Bonds may be subscribed for in sums from
$50 up to any magnitude on the same terms and are
thus made equally available to the smallest lender
and the largest capitalist They be converted
into money at any moment and the holder will have
the benefit of the interest.
1t may be useful to state this connection that the
total Funded Debt of the United States on which in
erests payable in gold the Sd day of March 1864,
was S16S9G5,0o0. The interest on this debt for the
coming fiscal year will be Si5937 .I26 while the GUS
toms revenue in gold for the current fiscal year
ending June a'th. 1854 has been SO far AZ r e rate m
over sloo.oOo,ooo. per aa:uIn
1t Will be seen that the present gold revenues
of the Government largely III excess of the wants
of the Treasury for the payment of gold interest.
while the recent increase Of the tariff vii doubtless
raise the annual receipts from customs on the same
amount OF importatons to sl5OOO00OO per annum.
Instructions to the National Banks acting as loan
agents issued from the United States Treas
ury until March % 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 Philadelphia Pa
Second National Bank of Philadelphia Pa
Third National Bank of Philadelphia, Pa
AND BY ALL OTHER BANKS
which are depostaries of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country (actng as agents of the Ma
tional Depositary Banks) will furnish further infor-
nation on application and
AFFORD EVERY FACILITY To SUBSCRIBERS.
May 4, ls64-2mo