Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1864-06-24
us. 1910 BONDS.


THESE Bonds issued under the Aetof Congress Of
Marrhsth 1854, wbeh provides that al Bonds issued
under this let shall be ExEsfPT FROM IA xATIoNB By
or under any state taucial authority. Subscriptions
to these Bonds received in United States notes of Ma
tional Banks. They are TO BE REDEEMED IN coIN,
at the pleasure Of the Government any period Hot se
an Ten more op ortsgears from their date andep
til their redemption Five Per Cent. Interest wiubc
Paid in Coin, Bonds Of not over hundred dol
lars annually. The interest payable onthe first days
March aud September in each year.
Subscribers viii receive either Registered or Coupon
Bonds, as they may prefer. Registered Bonds re-
corded on the Books Of the U. s. Treasnrer and bo
transferred only on the owners order Coupon Bonds
are payable to order, and are eoaYeseat for
mercial uses. fs ne,,s
subscrbeFsto this loan viii hare the option Of having
their Bonds draw interest March lst paying tho
accrued interest in eoinor in United States notes.
the notes Of National Banks adding fifty per eentor pre-
mum receive them drawing interest the date Of
subscription and deposit. As these Bonds are
Exempt from Municipal or state Taxation,
their valao increased from to three per cent
num- according the tax eyies in various artsof
| the country.
At the present rate Of premium gold they pay
OVER EIGHT PER CENT INTEREST
in currency anarc of equal convenience as permanent
and temporary investment.
1T is believed that securities offer 50 great induce
ments to lenders the various descriptions Of T. s
Bonds In all other forms of Indebtedness thefaith and
ability Of private parties stock companies or separate
communities only i pledged Tor payment. while for tho
debts OF the United States the whole properly Of the
try is holden to the payment Of both principle and
interest in coin. tI- Vs.
These Bonds mhy be subscribed for 10 sums from $50
up to any magnitude, the terms, and thus
made equally available the smallest lender and the
largest capitalist They be converted money as
any moment and the holder viii have the benefit Of the
interest
1t may beusefa 70 state in this connection shat the to-
tai Funded debt of the United States which
payable in gold the Sd day of March 1864 was $685.
$4,000. The interest this debt for the coming fiscal
year viii be SIS, while heeustoms revenue in gold
for the current fiscal year ending June sOth 1864 has been
so far at the rate ofoTer 500, 900 600 per
1t win be that the present gold the
Government largely in Of the wants Of the
Treasury for the payment of gold interest: while the
cent increase of the tariff win doubtless raise the annual
receipts from the amount Of importa-
tions. to t6sl5o.OOO,OOO per annum.
Instructions the National Banks acting loan agents
not issued from the United States Treasury until
March 26, but in the first three weeks of April the SUBJ
serptions averaged more than Ten Millions Week.
Subscriptions win be received by
All National banks
which depositaries of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country aetng agents of the National
Depository Banks viii furnish further information on
application and
AFFORD EVERY FACILITY To SUBSCRIBERS.
May l3, 1s644m.