The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1864-05-27
US. 1910 BONDS.

| ! These Bonds are issued under the Act Of
Congress of March 9Th, 1864, which provides
that all Bonds issued under this Act shall be
EXEMPT FROM TAXATION by or under
any state or municipal authority. Subscrip-
tions to these Bonds are received in United
States notes or notes of National Banks.
They are TO BE REDEEMED IN COIN, al
the pleasure of the Government, at any period
NOT LESS THAN TEN NOR MORE THAN FORTY
YEARS from their date, aud until their re
demption FIVE PER CENT. INTERE ST
WILL BE PAID IN COIN, on Bonds of not
over one hun ired dollars annually and on all
other Bonds semi-annually. The interest is
payable on the first days of March and Sep
tember in each year.
Subscribers will receive either Registered
or Coupon Bonds, as they may prefer. Regis
tered Bonds ore recorded on the books of the
U. s Treasurer, and can be transferred only
on the owners order. Coupon Bonds are
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 1st, by paying the accrued interest in
COIN (or in United States notes, or the notes
of Noional Banks, adding fifty per per cent.
for premiuni,) or receive them drawing in
terest from the date of subscription and de-
post. As these Bonds are
Exempt from Municipal or State Tax
alton,
their value is increased from one to three per
cent. per annum, according to the rate of Tux
evies in various parts of tho country.
At the present rate of premium on gold
they pay
OVER EIGHT PER CENT INTEREST
in currency, and are of equal convenience as
permanent or temporary investment.
1t is believed that no securities offer so
great inducements to lenders as the various
descriptions of U. s. Bonds. In all other
forms of indebtness, the faith or ability CT
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 in
terest 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 can be converted into money
at any moment, and the holder will have the
benefit 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 Sd of March, 1864, was $76S, 900
The interest on this debt for the coming fiscal
year will be $45,037, ,l2G, while the Gus. oms
revenue in gold for the current fiscal year,
ending Juno 3Oth, 1864, has been so far at the
rate of over $lOOoO0,OOO per annum,
1t will be seen that even the present gold
revenues of the Government are largely in
excess of the wants of the Treasury for the
payment of gold interest, while the recent
increase of the tariff Will doubtless raise the
annual receipts from customs on the same
amount Of importations to Sl5o,O0o,O0O per
annum.
| instructions to the National Banks acting
rs loan agents were not issued from the Uni
ted States Treasury until March 26, but in
the first three weeks Of April the subscrip-
tions averaged more than TEN MILLIONS A
WEEK.
Subscriptions will be received by the
First National Bank of Sandusky, ..
Second National Bank Of Sandusky, o.
First National Bank of Upper Sandusky, 0.
AND BY ALL NATIONAL. BANKS
which are depositaries Of Public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country, (acting as agents
the National Depositary Banks,) will furnish
further information on application and af-
ford every facility to subscribers.
May IL, 1861. n39-2m.