Delaware State journal and statesman., 1864-06-24
U. S. 1O-4O BONDS.

\
These Bonds issued under the Act of congress
March sih, 1861 which provides that all Bonds Issue
under this Act shall be EXEMPT FaoM TAXATION b
or under any state municipal authority. subserip
ona to these Bonds are received in United States note
or notsi of National Banks. They ara TO BE REDEEM
Ed IN COIN at the pleasure Of the Government al any
period NOT isss than ten hsn forty years from
their dn1. and until their redemption FIVE PER CENT
INTEREST WILL BE PAID IN COIN. on Bonds of moi
over one hundred dollars annually all other Bonds
ssmIannuay The Interest Ia payable the frat days
OF March and September in each year.
Subscribers will receive either Registered or Coupon
Bonds, they may prefer Registered Bonds are record
ed on the books Of tho u g. Treasurer bS
ferrsd only on tho owners order. Coupon Bonds pay
able to bearer and ars more convenient for commercial
uses.
Subscribers to this loan will have the option Of having
their BOnds draw Interest from March Ist by paying the
accrued interest in eon-or in United sa'es notes, or
the notes Of National Banks, adding nifty per cent for
premlum) or receive them drawing interest from the
date of subscription and dspoil. As those Bonds are
Exempt from Municipal or state Taxa
tiOn,
their value Is increased from to three per cent
per annum, according the rate Of svss in various
parts Of the country.
At the present rate of premium on gold they pay
Over Eight per Cent Interest
In currency, and foqua convenience as permanent
or temporary Investment. .-.|
l.
dueements to lenders the various descriptions Of u s.
Bonda In all other forms Of indabsdueas the faith or
ability Of private parties stock companies or separate
eommuuitos only Is pledged for payment while for the
debts Of the United States the whole property Of the
country holden to the payment Of both prncpA
and interest In coin
These Boads may be subserbsd for in sums from s50
up 10 any magnitude on the terms, AID are thus
made equally aEaAbs to the smallest lender and II
largest capitalist They can 10 converted into money at
any moment and ths holder will lave the bensht Of the
interest.
1t may bOusafnl TO state in this connection that tho
total Funded Debt Of the United States on which interest
Ia payable lin gold, the sd day Of hArch. 1851 was
s7esed5ooo The interest this debt for The coming
aseal year will be $45 26 while the customs revenue
in gold for the current fiscal year. ending June soth
1854 has been far the rate Of over slOOoOOoOO per
annum.
1t will ba seen that even the present gold of
The Government largely in Ct the wants of tn
Treasurer for tina payment Of gold inrsrsst, while the
sesnt increase Of the tariff will doubtless raise the
'nnual receipts from customs the sams amount of
mportAllons. 10 l5OOOOOOO per Rnnum.
Instructions to the National Banks acting as loan
gents not lssued from tha United States Treasury
ln March 26 but In the first three weeks of April tho
subscriptions averaged more than TEN MILLIONS A
WEEK.
Subscriptions will be received by tho
First National Bank Of Akron, o.
First National Bank Of Bridgeport, o.
FIRST National Bank Of Canton, o.
First National Bank or Baltimore, Nd
First National Bank of Washington, D. C.
AND BY ALL NATIONAL BANKS
Ihch are depO'lArlou of Public money. and all
RESPECTABLE BANKS AND BANKERS
the country aclug agents or the Nation
II DepOsitsry Banks will furnish further information
m application and
AFFORD EVERY FACILITY TO SUBSCRIBE s.
mAy20s sm.