Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1864-08-11
u. S. 1910 Bonds.

u. S. 1910 Bonds.
! These Bonds are issued under the Act of Con-
gress 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. Subscriptions to these
Bonds are received in United States notes or notes
Of National Banks. They are To BE RE-
DEEMED IN COIN, at the pleasure oftEc Gov
crnment, at any period not less than ten nor more
than forty years from their date, and until their
redcmy ton FIVE PER CENT INTEREST
WILL BE PAID IN COIN. on Bonds of not
over one hundred dollars annually and on all other
Bonds scmi-annually. The interest is payable on
the first days of M,rch and September in each
year. sa
Subscribers will receive either Registered or
Coupon Bonds, as they may prefer. Registered
Bonds are 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 arc more convenient for com E,ercal
uses.
Subscribers to this loan will have the option oil
having their Bonds draw interest from March Isl,
by paying the accrued interest in coir Tor in Uni
ted States notes, or the notes Of National Banks
adding fifty per cent. for premium, or receive
ton and deposit. As these Bonds are
Exempt from Municipal or State Taxation,
their values increased from one to three rer cent
per annum, according to the rate of tax leyies in
various parts of the country.
AT the present rate of premium on goldthey pay
Over Eight Per Cent. Interest
in currency, and are ofequal convenience as per-
msnent temporary investment.
1t is believed that 10 securities offer so great
induccmens to lenders rs the various descriptions
ofU. s Bonds. In all other forms of indebted
ness the fi,i or ability of private parties or stock
companies or separate communities only is plcdg
ed 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 inter
est in coin.
These Bonds may be subscribed for in sums from
$50 up to any M gntudc on the same terms, and
are thus made equally available to the smallest
lender and the largest capitalist. They can he
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 day Of
March 1864, was s765. 965, 200. The interest on
this debt for the coming fiscal year will be S45,
937, log, while the customs in gold for the
current fiscal year, ending June 30th, 1861, has
been so far at the rate Of over 800, 0e9 900 per
aanum.
Instructions to the National Banks acting as
loan agents were not issued from thcUniied States
Treasury until March 26, 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 Richmond, Ind
First National Bank OF L ,ansville, Ind.
First National Bank OF Fort Wayne, Ind.
First National Bauk Of indianapolis, Ind.
First National Bank of Lafayette. Ind.
First National Bank of Madison, Ind.
First National Bank Of Tcrfc Haute, Ind.
AND By ALL NATIONAL BANKS
With arc repositories Of Public MONEY and all
RESPECTABLE BANKS AND BANKERS
throughout the country. (actng agents of the
National d cpositary Banks,) will furnish further
inform ,tion on application and
AFFORD EVERY FACILITY TO SUBSCRIBERS