Delaware State journal and statesman., 1864-08-02
E JOURNAL AND TUESDAY AUGUST p 1864
U. S. 1O-4O BONDS.


These Bonds istued under the Act Of Congress Of
March sth, 1884, which provides that all Bonds Issued
under this Act shall be EXEMPT FROM TAXATION by
or under any State municipal authority subsorir.
tons to these Bonds received In United States notes
or notes Of National Banks They are TO BE REDEEM
ed in COIN, at the pleasure OF the Government a, any
period not less Than Ten nor err than forty years from
their date. and until their redemption FIVE PER CENT.
INTEREST WILL BE PAID IN COIN, on Bonds Of n,t
over one hundred dollars annually all other Bonds
ssnannuAy. The ln,0rOs, Ia payable on tue rat days
of March and September In each year.
Subscribers will receive either Registered or Coupon
Bonds they prefer Registered Bonds are record
cd the books Of the o. S. Treasurer and can bo trans
isrsd emily the owners order Coupon Bonds are pay
able to bsars and mOss convenient for Sommereal
uses.
sub@ribsr to this loan will have the option Of having
their BOnda draw interest from March lsi by paying the
accrued interest in conor In United States notes. or
the notes Of Natons Banks adding ATTY per cent for
preminm or receive them drawing interest from the
date of subscription AMI deposit AZ these Bonds are
Exempt from Municipal or state Taxa
tiOn,
their value il increased from one to three per cent
per AnHum according to the Of tax levss in various
parts Of the country.
At the present rate of premium on gold they pay
Over Eight per Cent Interest
In currency, and equal eOnvsnlsncs as psmanspt
or temporary Investment.
It is believed that securities offer 30 great ndues
mspts to lenders as the various descriptions Of o.
Bonds In all other Of indsbtsdusss the faith or
ability of private parties stock companies separate
communities only is pledged for payment while for the
dObta Of the Uned States the whole proper ~ Of tbs
country holden to the payment Of both PRINCIPAL
aud Interest in coin.
rheso Bonds may he subscribed for In sums from $50
up to any magnitude, the terms ard are thus
made squAy available to the smallest lender and the
largest capitalist They be converted intO money at
any moment and the holder will have the benefit Of The
interest.
It may b useful to state in this eonnseon that the
total Funded Debt the United States on which interest
is payable in gold the sd day Of March, 1884, was
fiscal year will le s4s 2s while the customs rsvsnus
in gold for the current fiscal year, ending jane soh
1884, has been far At the rate of over rsr
annum.
It will be that the present gold revenues Of
the Government largely in of the wants Of the
Treasurer for the payment Of gold interest," while the
recent increase Of the tariff will doubtless raise the
annual receipts from customs the amount Of i'm
portatlons, to $l60OOOoOo per annum.
Instructions to the National Banks acting as loan |
agents were issued from the United States Treasury
until March 20, but in the frat three weeks of April the
subscriptions averaged mora than TRN MILLIONS A |
WEEK
Subscriptions will be received by the
First National Bank Of Akron, o.
First National Bank Of Bridgeport, o.
First National Bank Of Canton, 0.
First National Bank Of Baltimore, Nd.
First National Bank OF Washington, D. o.
And by all National Banks
which depositarles of public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country Aong aEsn of the National
DepOstAry BanEs) will furnish further information on
application and
AFFORD LIVERY FACILITY TO SUBSCRIBERS.