The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-06-08
o. S. I0-lO BONDS.

These Bonds are issued under the Act
| of Congress Of March 9Th, 1864, which
! proOides that all Bonds issued under this
Act shall be EXEMPT FROM TAXATION
by OF under any stale or municipal author
! iTy Subscriptions to these Bonds are re-
ceved in Uni ed States notes or notes of
National Banks. They are TO BE RE
DEEMED IN COIN, at the pleasure of the
Government, al any period rot less than
ten nor more than forty years from their
da:e, aud uniil their redemption FIVE
PER CENT. INTEREST WILL BE PAID
IN COIN, on Bonds of not over one hnn-
dred dollars annually and on all. other
Bonds semi-annusIly. The interest i. pay
able on the first days of March aud Sep
lember in each year.
Subscribers will receives either Regis
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, aud
are m ofe congenieni for commercial uses.
Subscribers 10 ihis.'loan VIII have the
option of having their Bonds draw inter est
fipn March list, by paying the accrued i'm
tefest in coin-[or in United States notes,
or the notes of National Banks, adding IF
ty per cent. for premiuin,l or receive them
drawing interest from the date of subscrip-
tien and deposit AS these Bonds are !.
Exempt from Municipal or State
Taxation,
their value 10 Increased from one to three
per cent per annum, according to The rate
oil tax lesies in various parts Of The couu-
try,
Al The present rate OF premium on gold
they pay =. -
OVER EIGHT PER CENT INTEREST
in currency, aud are of equal convenience
as permaneu, or temporary Investment.
Il IS belieyed;that no securities offer so
great inducements 10 lenders as the various
descriptions of U s. Bonds In all other
forms of indebtedness, the faith or ability
OK private parties or slocl companies or
separate com munities only is pledged for
payment, while Tor the debts of the United
States the whole properly of the country
is holden 10 SECURE the payment of both
principal and interest in COIN.
These Bonds may be subscribed FOL in
sums .fLem $50 up 10. any magnitude, on
the same terms and are thus m adc equally
available 10 the smallest lender and lie
largest capitalist. They can be converted
into money al any moment and The holder
will have ibe. benefit of The interest.
1t may be useful 10 state in this connec-
ton. that The total Funded Debt of the
United States on which interest is payable
in gold, on The Sd day of March, 1881, was
sz6s, ,s65, GOO. The interest on this deb,
for the coming fiscal year will be 45,9a7,-
l26, while The customs revenue 10 gold
foi the. current fiscal year. ending June
both, 1854, has been so far at the rate Of
over sloo, 900 600 per annum.
II win be seen that even The present
gold revenues ofthe Government are large
ly 10 excess of the wants of the treasury
for the payment of gold interest, while the
recent increase Of the tariff TsII doubtless
raise the annual recsipls from customs on
the same amoan: of imporiations, 10 $780,
600. 600 per aannm.
Instructions to the. National Banks act
ing as loan agents were not issued from
the United State Treasury until March 26,
but in the FIRST three weeks of April The
subscriptions averaged mors than TEN
MILLIONS A WEEK.
Subscriptions will be received BY ell
National Banks
which ara deposilaries of public money,
RESfECTA BE BANKS AND BANKERS.
throughout the country, (aeting ss agsn,s
Of fhs National Depositary Ba nks,J vi.
furnish fdrihsr information on application
atd - ~,
AfFoiRD EVERY FACILITY 10 sUB-
SCRIBERS.
sEAs I. fssz.-