The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1864-05-13


s ]. \, 1910 BONDS
These Bonds are issued under the Act of Con-
yress OF March sth. 1864, which provides that all
Bonds issued under this Act shall be RxEMPT
FROM TAXATION by or under any State or mu.
nicipal authority. Subscriptions to these Bond.
are received In United States notes or notes Of Ma
tosal BANKS. TAsy are TO BE REDEEMED IN
COIN, at the pleasure Of tho Government. at any
period not isss fAss fsa ssr more tAss forty ysars
from their date. and until their redemption FIVE
PER CENT. INTEREST WILL BE PAID IN
COIN, on Bonds Of not over ono hundred dollars
annually, and on all other Bonds semi annually.
Tho interest Is payable on the arst days Of March
and September In each year.
Subscribers will receive either Registered or
Coupon Bonds. as they may prefer. Registered
Bonds aro recorded on the books Of the U. s. Treas
urer and can be Transferred only on the owners or
der. Coupon Bonds are payable TO bearer, and
arc more convenient for commercial uses
subscriboss to this loan will have the option Of
having their Bonds draw interest from March lst,
by paying the accrued interest in eOln-tor In U.
States notes OF the notes Of National Banks, add
ins any per cent. premium) or receive them draw.
Ing interest nom the date Of subscription and do
deposit. As these Bonds arc
Exempt from Municipal or State Taxation,
their value Is Increased from TO three per cent
per annum, according TO the rate OF tar lsviss In
various parts Of tho country.
At the present rate Of premium on gold they pay
ovor Eight Per Cont. Interest
In currency, and are Of equal convenience as per-
manent or temporary investment.
It's believed thai securities offer so great In.
ducemcnts 10 lenders rs the various descriptions
OF U. 8. Donda In all other forms Of indebtedness
tho ith or ability Of private parties or stock COM
paniss or separate communities only Is pledged for
payment, while for tho debts Of the United States
tho whole property Of tho country Is holden 10 So
cure the paymen. Of both principal and interest in
coin.
These Bonds may bs subscribed f6r In sums from
$50 up to any magnitude, on tho Same terms, and
are thus made equally available 10 tho smallest
lender or the largest capitalist. They can DO con-
verted into money at any moment, and tho holder
will have the benefit Of the interest
II may DO useful to state In this connection that
tho total Funded Debt OF the United States on
which interest 10 payable In gold, on the ID day Of
March, 1894 was s7es, ,se5ooo The interest on this
debt for tho coming fiscal ysar will be $i5,aa7,.
ie, while the customs revenue In gold Tor the cur.
rent fiscal year. ending Juno 3oth, 1854, has been 50
nr ., the rate Of over o,oo,ooo per annum.
Il will bs seen that ovsn The present gold revc-
nuss Of the Government are largely in excess OF
tho wants OF the Treasurer for the payment Of gold
interest, while tho recent increase Of the tariff will
doubtless raise the annual receipts Of customs on
the same amount Of importations, TO $iso,no0O
per annum.
Instructions to the National Banks acting as loan
agents were not issued nom tho United States
Treasury until March % but In tho first three
weeks Of April the subscriptions averaged moro
than TEN MILLIONS WEEK.
Subscriptions will bs received by tho
First National bank OF Bangor, Me-,
First National Bank OF Bath, Me-,
First National Bank OF Brunswick, Me-,
First National Bank Of Portland. Me-,
AND BY ALL NATIONAL BANKS
which are depositaries Of public money, and all
REsPEcTABLE BANKS AND BANKERS
throughout the country (aoting IS agents Of the
National Dcpositsry Danks'. will furnish further
information on application, and rr -....
10 ASssd srsry fss,aiy 10 sssseribess. 2m
To tAe Hs.erakie CessfY ceswissiossrs Of the
~ CesRty Of York, Aprii Tern, 1864.
rI,iIE undersigned ciuIens OF said County CT YORK
Il would most respectfully represent that . vast
travelling community feel pressing necessity ola
and the city OF Diddeford, and u seems cf the ut.
most Importance that the present Travelled rcad
should be materially Improved BY locations and
alterations. or that . new road bc iocAtsd eoui-
Inenclnv at or near tho Schoolhousc near Jeremi.
ab IIiis In tho town Of Lyman, through that part