Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-05-14
u. S. 1910 BONDS.

These Bonds are issued under the Act Of Congress
March sth 1864, which provides that all Bonds issued
under this Act shall be Exempt from Taxation by
der any state municipal authority, Subscriptions to
these Bonds are received in United States notes
notes of National Banks. They are to be Redeemed
in Coin at the pleasure of the Government at any pc
Rod not less than ten than forty years from
their date and until their rede mpton Eve per cent in
terest will be paid in coin Bonds of not over one
hundred dollars annually and on all oher.Bonds semi
annually The interest is payable the first days Of
March and September in each year.
Subscribers will receive either Registered Coupon
Bonds they may prefer. Registered Bonds are re-
corded on the books of the U. s. Treasurer and be
transferred only the owners order. Coupon Bonds
are payable bearer and convenient for COM
mercial uses.
Subscribers to this loan win have the option of hay
ing their Bonds draw interest from March 1s by pay
ing the accrued interest In con(or in United States
notes. or 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 are
EXEMPT FROM MUNICIPAL OR STATE TAXATION,
their value is increased from to three per per
annuu according to the rate of tax levies in
parts of tho country.
At the present rate of premium gold they pay
OVER EIGHT PER CENT. INTEREST
in currency and are of equal convenience perma
nent or temporary investment
r. &; h.,;a,sd that M oar an great iuduce-
mns to lenders as the various descriptions of U. S.
Bonds In all other forms of indebtedness the faith
ability OF private parties stock companies separate
communities only is pledged for payment while for the
debts of the United States the whole property of the
country is holden to the payment of both prin-
cipaI and interest In coin.
These Bonds may be subscribed for in sums from $50
up to any magnitude the terms, and are thus
made eqnay available TO the smallest lender and the
largest capitalist They can be converted into money
at any moment and the holder viii hare the benefit of
the interest.
1t may be useful to state in this connection that the
total Funded Debt of the United States which inter-
payable in gold the Sd day of March, 1864 was
s76s ooo The interest this debt for the coming
fiscal year viii be s45 1926 while the customs reven-
ne in gold for the current fiscal year. ending June 3oh
1854 has been so far at the rate Of sl000OO00
1t will be seen that the present gold revenues Of
the Government largely in of the wants Of
the Treasury for the payment Of gold interest," while
the recent of the tariff viii doubtless raise the
annual receipts from customs the same amount Of
impsr.ations, to $3.50, 900 per snnum.
Instructions to The National Banks acting as loan
age ns were not issued from the United States Treasury
unit March %, but in the FIRST three weeks of April
.he subscriptions averaged more than Ten Millions a
Week.
Subscriptions will be resolved by the
First National Bank of GAINESVILLE.
First National Bank Of Milwaukee, Wis.
First National Bank of Madison, Wis.
And by all National Banks which depositsries OF
Public money, and all Respectable Banks and Bankers
throughout the country, (acting agents of the Ma
tonal Depository Banks will furnish further infoa-
ton on srplicasioD and afford every facility 70 subscr
bsn a@ 3m2