The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-07-13
U. S. 1910 BONDS.

These Bonds are issued under the Act
OF Congress of March sth, 1864, which
provides that all Bonds issued under this
Ac, shall be EXEMPT FROM TAXATION
by or Under any state or municipal author
ity. Subscripf IONS 10 these Bonds are re-
ceived in Unied States notes or noies of
National Banks. They are TO BE RE.
DEEMED in COIN, at The pleasure of The
Government, al any period Tot less than
ten nor more than forty years from their
date, aud uu'il their redemption FIVE
PER CENT INTEREST WILL BE PAID
IN COIN, on Bonds OF not over one hum
dred dollars annually and on all other
Bonds semi-annuslly. The interest is pay
able on the first days Of March and Sep
iember in each year.
Subscribers will receive either Reeis-
tered or Coupon Bonds, as they may pre-
fer 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
are more convenient for commercial uses.
Subscribers 10 this loan W II have The
option OF having their Bon DIS draw interest
from March LIST, by paying the accrued in-
terest in coiD-(or il United States notes,
or the notes of National Banks, adding fif.
~ per cent. for Plemium,l or receive them
drawing interest from the date of subscrip-
ton and deposit. As these Bonds are
Exempt from Municipal or State
Taxation,
their value is increased from one to three
per cent per annum, according to Ihe rate
OF tax levies in various parts OF the couu-
try.
A. 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
II is believed that no securities offer so
great Inducements 10 lenders as the various
descriptions of S. Bonds In all other
forms OF Indebtedness, The faith or ability
OF private parties or slock companies or
separate communities only is pledged for
payment, while for The debts Of the United
States The whole properly o5 the country
is holden TO secure the payment OF both
principal aud interest in coin.
These Bonds may be subscribed for in
sums from $50 mp TO any magnitude, on
the same terms, and are thus made equally
available 10 the smallest lender and the
largest CAPITALIST. They can be converted
into money a, any moment, and the holder
will have The benefit of the interest
il may be useful 10 state in this connec-
non that The total Funded Debt of the
United Staies on which interest is payable
in gold, on the Sd day of March, 1864, was
SOS, ,965 GOO. TIE interest on this debt
for the coming fiscal year will be s45 ,s37,-
1875, while the customs revenue in gold
for the current fiscal year. ending June
30ih, 1864, has been so far at the rate of
over 500, 900 600 per annum.
Ii will be seen that even the present
gold revenues of the Government are large-
ly 10 excess of the wants OF the treasury
for The pavment of gold interest, while the
recent increase of The tariff will doubtless
raise the annual receipts from customs on
the same amoan: Of imporlations. 10 $780, |
600 600 per annum. e
Instructions TO the National Banks act
ing as loan agents were net issned from J
The United State Treasury until March 26, |
but in the e rst three weeks OF April ihe |
averaged more than TEN !
A WEEK.
Subscriptions will be received by all
National Banks
which are deposnaries of pubic money,
!, md . 81