The Tiffin weekly tribune. (Tiffin, Ohio) 1859-1868, 1864-05-12
IT, \. 1910 Bonds.

Aheee bonus are issued under the
Act Of Congress Of March sth, 1864,
which provides that oil Bonds issued
under this Act shall be EXEMPT
FROM TAXATION by or under any
state or municipal authority. subscrip-
tions to these BONDS are received in
United States notes Of National Banks.
They are TO BE REDEEMED IN
COIN, at the pleasure Of the Govern
mcnt, at any period not less than fen nor
more than forty years from their dutc,
and until their redemption FIVE PER
CENT. INTEREST WILL DE PAID
IN COIN, on Bonds of over one hun
dred dollars annually and on all other
Bonds semi-annually. The interest is
payable on the first days Of March and
September in each year.
Subscribers will receive either Regis
tered or Coupon Bonds, as they may
prefer. Registered Bonds are recorded
on the books Of the u. s. Treasurer,
and can be transferred only on tho
owners order. Coupon Bonds are pay
able to bearer, and are more convenient
for commercial uses,
Subscribers 70 this loan viii have
the option OF having their Bouds draw
interest from March LIST, by paying tho
accrued interest in coin--(or in United
States notes, or the notes Of National
Banks, cdding fifty per cent. for pTc ~
ium,) or receive them drawing interest
from the date Of subscription and depos-
it. As these Bonds arc.
EXEMPT FROM MUNICIPAL OR STATE TAXA
TIoN,
their value is increased from one
to three per cent. per anum according
to the rate Of tax levies in various parts
Of the country.
At the present rate OF premium on
gold they pay.
OVER EIGHT FER CEkT INTEREST.
in currency, aud Hro OF equal convent.
cnce as permanent or temporary in-
vcstmehi.
1t is believed that no securities Offer
so great inducements to lenders us tho
various descriptions of U. s. Bonds
In all other forms Of indebtedness, tho
faith or ability ofprivato parties of stock
companies or separate communities only
is pledged for payment, while for tho
debts Of the United States the whole pro-
pcrty OF the country is holden to secure
payment of both principal and interest in
coin.
These Bonds may be subscribed for In
sums from $50 up TO any magnitude, on
the same terms, and are thus made
equally available to the smallest lendor
and the largest capitalist. They can bc
converted INTO money at any moment.
and the holder will have the benefit of
the interest.
1t mny be useful to O,ate in this con.
ncction that the total Funded Debt Of
the United States on which interest is
payable in gold, on the 81 day of March
1864, was S7Ss 1865 900. The interest
on this debt fer the coming fiscal year
will be S45 ,9s6,l26, while the customs
revenue in gold for the current fiscoT
year, ending June aoth, 1864, has been
so far at the rate of over 81 900 900
per annum.
Instructions to the National Banks
acting as loan agents were not issued
from the United State Treasury until
March 90, but in the first three weeks of
April the subscriptions averaged more
than TEN MILLIONS A WEEK.
Subscriptions will be received by tho
First National Bank of CHM, o.
Third National Bank of CHM, o.
Fourth National Bank of CHM, o.
First National Bank of Cleveland 0.
Second National Bank of Cleveland O.
AND BY ALL NATIONAL BANKS
which are depositaries of Public money,
and all
REsPEcrApLE BANKS AND BANKERS
the country, (acting as agents
of the National DepOsitary Banks,) will
furnish further Information on application
and
AFFORD EVERY FACILITY TO SUBSCRIBERS,
May IL, 1864 S2-3mo.