American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-07-13
u g. 1910 Bonds.

UH S$s lkgHa&V 10MN NHH
These Bonds are issued under the Act Of Congress Of
March sh 1904 which provides that all Bonds issued
der 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 of National Banks They arc TO DE REDEEMED
IN COIN the pleasure Of the Government at any Pc
rod notlsss an ten nor more than forty years their
date and until their redemption FIVE PER CENT IN
TERRsT WILL DE PAID IN COIN, Bonds Of not
over one hundred dollars annually and on other Bonds
semannnaly The interest is payable on the first days
of March and September in each year
Subscribers will receive either Registered Coupon
Bonds they may prefer. Registered Bonds record
ed ON tho books of the U S. Treasurer and be trans
forred only on the owners order. Coupon Bonds are
payable to bearer and are convenient for
cal
Subscribers this loan will have the option OF having
their Bonds draw interest from March 1st by paying the
accrued interest in conor in United States notes,
the notes Of National Banks adding fifty per cent for
premium) or receive them drawing interest from the
date Of subscription and deposit As these Bonds
Exempt from Manieipai or State Taxation,
their vaue increased from three por cent per
num- according tho of levie in various parts Of
tho country.
At the present rate Of premium on gold thcy pay
Over Eight Per Cent Interest
in currency and arc Of equal convenience porma-
nent or temporary investment.
7. Ia bot;ovod ta. M s.onrt.. ofer 20 crnaf induce
ments to lenders the various descriptions Of g Bonds
In all other forms Of Indebtedness the faith ability Of
private parties stock companies separate conun
ties only is pledged for payment while for the debts Of
the United States the whole property Of tho country is
holden to secure the payment Of both prcpal and in
terest In coin:
These Bonds may be subscribed for in sums from $50
pto any magnitude, the terms, and are thus
made equally 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.
1t may useful to state in this connection that the
total Funded Debt of the United States which inter
payable gold the Sd day of March, 1864, was
SOS ooo The interest on this debt for tho coming
acal year will be sis 2G while the customs revenue
in gold for the current sc year. ending June aoh 1851
has been so far at rate of sloOOooooo per annum.
will be seen that the present gold revenues of
the Government largely in Of the wants Of the
Treasurer for the payment of gold interest, while the
cent increase Of the tariff will doubtless raise the annual
receipts from customs the amount of lmporta-
tons to s15o,oOo,O0o per
Instructions the National Banks acting loan agents
we're not issued from the United State Treasury until
March 2s in the first three weeks Of April the sub
scriptons averaged more than TEN MILLIONS WEEK.
Subscriptions viii be received by the
First National Bank Of Philadelphia. Pa.
Second National Bank Of Philadelphia Pa
Third National Bank Of Philadelphia, Pa.
And by all National Banks
which are depostaries Of Public money and all
RESPECTABLE BANKS AND BANKERS
throughout the country cting agents Of the Nation
al Depostary Banks will furnish further information ON
application and
AFFORD EVERY FACILITY TO SUBSCRIBERS