The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1864-06-25
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FINANCIAL.
US. 1910 BONDS

These Bond. issued Under the Act Of Congress Of
March sih 1854 which provides that all Bonds issued
under this Act shall be EXEMPT FROM TAXAT. ON
by under amy STATE or ridnicipa authority. Sub.
scrptious these Bonds received In United States
notes notes Of National Banks They TO De
REDEEMED IN COIN, at the pleasure of the Govern
rnent, Mt any period LESS TRAN NOR THAI
FORTY YEARS from their date and until their redemption
FIVE PER CENT INTEREST WILL be FAID IN
CON- on Bombs of not hundred dollars ANNUALLY
and all other Bonds semi-annually The interest is
payable tie frat days Of March and September In
each year.
Subscribers will receive either Registered Coupon
Bonds, they may prefer. Registered Bonds are
corded the books of the U. Treasurer, and can be
transferred only the order Coupon Bonds
pay BILE to bearer and are more convenient for CONNER
clsl uses.
Subscribers to this loan will have the option Of having
their Bonds draw interest from March lst by paying the
accrued interest in coin-vr in United States notes
Or the notes Of National Banks adding fifty per cent for
premiunl or receive them drawing interest from tho
date of subscription and deposit. As these Bonds
Exempt from Municipal or State Taxation
their value Is increased from three per cent per
annun according the rate Of tax levies In various
parts Of the country.
At tho present rate u premium gold they pay
Over Eight Per Cent. Interest
in currency and Of equal convenience permanent
or temporary investment.
1t is believed that securities offer so great induce
Bonds. In all other forms of indebtedness the faith or
ability Of private parties stock companies or separate
communities only is pledged for payment, while for the
debt. Of the United States the whole property Of the
country is holden to the payment Of both pinci.
pal and interest in coin
These Bonds may be subscribed for in sums from $50
up to any magnitude, the terms, and thus
made equally available to the smallest lender and tho
largest capitalist They be converted into money
any moment and the holder will have tho benefit Of the
interest
1t may be useful to state in this that the
total Funded Debt Of the United States on which interest
is payable in soli the Sd day of March, 1861 $685.,
365ooo The interest this debt for the coming fiscal
year will te SIS, 93I 1885, while the customs revenue in
gold for the sca year, ending June 3oth 1894
has been far at the rate of over sl00oo0UOO per
annum.
1t will be 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 increase Of the tariff will doubtless raise tho
annual receipts from customs on the same amount Of
iInportations, to $3.50 o0o,o 900 per annum.
Instructions to tho National Banks acting "a loan
agents issued from the United States Treasury
until March 20 but in the first three weeks Of April the
subscriptions averaged more than TEN MILLIONS
WEEK
Subscription! will be received by the
First National Bank Of Baltimore, Nd,
Washington, D. c.
AND BI ALL NATIONAL BANkS
which are depositaries Of Public money, and all
REsPECTABLE BANKS AND BANNERS
throughout the country ncting agents of the National
Drpostsry Banks) will furnish further information on