American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-07-06
u, s. 1910 Bonds.

These Bonds issued under the Act of Congress Of
der this Act shall be EXEMPT FROM TAXATION by or
under any state municipal authority Subscriptions
to these Bonds are received in United States
notes of National Banks. They TO BE REDEEMED
IN COIN at the pleasure of the Government at any pc
riod not less than than forty years from 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 other Bonds
semsnnualy The interest is payable on the first days
of March and September in each year.
Subscribers will receive either Registered Coupon
Bonds as they may prefer Registered Bonds record
ed on the books the u Treasurer and be trans
fcrred only on the owners order. Coupon Bonds
payable to Bearer and convenient for
cial
Subscribers to this loan will have the option Of having
their Bonds draw interest from March 1s by paying the
accrued interest in coinor in United States notes. or
the notes of National Banks, adding fifty per cent for
premium) receive them drawing interest from the
date Of subscription and deposit. As these Bonds are
Ersmpt from Municipal or State Tazation,
their value is increased from three per per
num- according to the rate of leves in various parts Of
the country.
At the present rate Of premium on gold they pay
Over Eight Per Cent Interest
in currency aud are of equal convenience perma
mont or temporary investment.
1t is believed that no securities offer SO great induce
ments lenders the descriptions ofU s. Bonds
In all other forms of Indebtedness the faith ability of
private parties stock companies separate communi
ties only pledged for payment who for the debts of
tho United States the whole property of the country is
holden to the payment Of both principal and in
forest in coin:
These Bonds may be subscribed for in sums from $50
pto any magnitude on the terms and thus
made equally available to the smallest lender and the
largest capitalist They be converted into money
any moment and the holder will have the benefit of the
interest.
1t may be useful state in this connection that the
total Funded Debt of the United States which inter
est payable in gold the Sd day of March 1854,
s76s 9650OO The interest this debt for the coming
in gold for the current fiscal year ending june 3oh 1854
has been fr arate of 600 per annm.
1t will be that the present gold revenues of
Government largely in of the wants Of the
for the payment of gold interest while the re-
cent the tariff will doubtless raise the annual
receipts from customs tho amount of impora-
tions, to s15ooOo,o 600 per annum.
Instructions tho National Banks acting loan agents
were not issued from the United State Treasury until
March &C. the first three weeks Of April the sub
scrptions averaged than TEN MILLIONS WEEK.
Subscriptions will bo received by the
First National hank of Philadelphia, Pa.
Second National Bank Of Philadelphia, Pa.
Third National Bank of Phiiadelpha, Pa.
And by all National Banks
which are depositaries Of Public money and all
RESPECTABLE BANKS AND BANKERS
throughout the country taotins agents of the Nation
al Depositary Bans will furnish further information on
application and
AFFORD EVERY FACILITY TO SUBSCRIBERS.