The Tiffin weekly tribune. (Tiffin, Ohio) 1859-1868, 1864-06-30
u \. 1910 Bonds.

Act of Congress Of March sth, 1864
which provides that all Bonds issued
under this Act shall be EXEMPT
FROM TAXATION by or under any
state or municipal authority. SubScrip'
lions TO these Bonds are received in
United States notes of National Banks'
They are TO DE REDEE3ED IN
COIN, at the pleasure of the Govern
ment, at any period not less than ten nor
more than forty years from their date
and until their redemption FIVE PER
CENT. INTEREST WILL DE PAID
IN COIN, on Bonds of over one hun
dred dollars annually aud on oil Other
Bonds scmi.unnuaIly. The interest II
payable on the first days of March ant
September in each year.
Subscribers will receive either Regis.
tered or Coupon Bonds, us they may
prefer. Registered Bonds are recorded
on tho books of the U. =. Treasurer
and can be transferred only on the
owners order. Coupon Bonds are pay
able to bearer, and IRE more convenient
for commercial uses.
Subscribers TO this loan will nave
tic option Of having their Bouds draw
interest from March LIST, by paying the
accrued interest in coin--(or ia United
States notes, or the notes Of National
Banks, adding fifty per cent for Pre"'
ium,) or receive them driving interest
from the date of subscription. and depos'
it. AZ these Bonds are. g
ExEMPr FROM MUNICIPAL OR STATE TAXA
TIoE,
their value is increased from one
TO three per cent. per nnum, according
to the rate of tux levies in various parts
of the country.
AT the present rate Of premium on
gold they pay.
OVER EIGHT r.R CENT IsrRREsr
in currency, and arc Of equal conveni-
ence as permanent or temporary h.
vestmcni.
II is believed that no securities oftr
so great inducements to lenders as the
various descriptions of U. S. Bonds. -
In all other forms Of indebtedness. tht
faith or ability ofprivate parties Of stool
companies or separate communities onl,
is pledged for payment, while for thu
debts Of the United States the whole pro
perty Of the country is holden to secure
payment OF both principal and interest IL
coin.
These Bonds may be subscribed for IL
sums from $50 up to any magnitude, or
the same terms, and are thus made
equally available to the smallest lender
and the largest capitalist. They can b'
converted into money at any moment
and the holder will have the benefit o.
tho interest.
II may be useful to uate in this con.
nection that the total Funded Debt oi
the United States on which interest ia
payable in gold, on the 81 day of March
1854, was S76s, 1865 900. The interest
on this debt for the coming fiscal year
will be S45,ss6Js6, while the customs
revenue in gold for the current dscsl
year, ending June 3oth, 1864, has been
so far at the rate of over 81 ypo, 1000 ,ooO
per annum.
Instructions to the National Banks
acting as loan agents wore Tot issued
from the United State Treasury until
March 26, but in the first three weeks oi
April the subscriptions averaged moro
than TEN MILLIONS A WEEK.
Subscriptions will bo received by the
First National Bank of CHM, o,
Third National Bank Of CHM, o.
Fourth National Bank Of Cinn., o.
First National Bank of Cleveland o.
Second National Bank Of Cleveland O.
AND BY ALL NATIONAL BANKS
which gro depositaries of Public money,
and all
RfsPEcrABLE BANKS AID BANKERS
the country, (acting a. agents
OF the National Depository Banks) will
furnish further information on application
Ind
AFFORD rvEnr yAOItITr TO susscRInEss.
Nav IL, 1864 s2-smo.