The Tiffin weekly tribune. (Tiffin, Ohio) 1859-1868, 1864-07-28
u \. 1910 Ponds.

WhWh nroNdcs that ull bohus lssu'u
under this Act shall DO 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 De REDEF&ED IN
COIN, ut the pleasure Of tho Govern
mcut, at any period not less than ten no,
more than forty gears from their date
and unui their ,mp,ion FIVE PER
CENT. INTEREST WILL BE PAID
IN COIN, on Bonds Of over one hun
drcd dollars annually aud on all other
Bonds scmi-unnuo!y. The interest IA
payable on the first days of March and
September in each year.
Subscribers will rcccivc either II rgis
tered or Coupon Bonds, us they ma.
prefer, Registered Bonds are rccordc,
on the books of the u. s, Treasurer
and can We transferred only on n,
owners order. Coupon Bonds are pay
able to bearer, and are more convenient
for commercial uses,
Subscribers to this loan will hav,
,hc option of having their Bouds draw
interest from March LIST, by paying tn
accrued interest in csin-(or in Unite,
Stntcs notes, or the notcs Of Nationa
Banks, adding fifty per cent. for pre-
ium,) or receive them drawing Interest
from tho date Of subscriptio. and dcpos
, il. As these Bonds are.
EXEMPT FROM MUNICIPAL on STATE TAXA
TIoa,
their value is increased from one
to thrco per cont. per anum. according
to the rate of tax lcvics In various parts
Of the country.
At the present rate Of premium OF
gold they pay.
OVER EIGHT rR CENT INTEREST.
in currency, aud arc of equal co@vcnl
cncc as permanent or temporary In
vcstment.
IL Is believed that no securities ofci
30 great inducements to lenders as the
various descriptions of u S. Bonds. -
In al! other forms Of indebtedness. th,
faith or ability ofpriyatc parties of stocl
companies or separate communities onl,
is pledged for payment, while for tn,
debts of the United States the whole pro
perty OF the country Is holden to secur,
payment OF both principal and interest il
coin,
..'hese Tonds may DO subscribed for h
sums from $40 pp to any magnitude, OF
the same terms, and are thus mad,
equally available to the smallest lende
and the largest capitalist. They can b.
converted INTO money at any moment
and the holder will have the benefit o
the interest.
II may be useful TO Btate in this con
nection that the total Funded Debt o
the United States on which interest i
payable in gold, on the 81 day of Marcel
1864, was S76s, s,065 900. Tho interes
on this debt for the coming fiscal yea
will be $45 ,9s6, 1876, while the customs
revenue In gold for the current fisca
year, ending June 3Oth, 1864, has beer
SO far at the rate Of over 81 1000 ,oOt
per annum.'
Instructions to tho National Banks
acting as loan agents wsrc not issuet
from the United State Treasury unit
March 90, but in the first three weeks o
April the subscriptions averaged NOR
than TEN MILLIONS A WEEK.
Subscriptions will be received by th'
First National Bank OF CHM, o.
Third National Bank of CHM, o.
Fourth National Bank Of CHM, o.
First National Bank of Cleveland o
Second National BANK Of Cleyeland o
AND BY ALL NATIONAL RANKS
which are dcpositaries of Public money
aud all -
REsffoTABLg BANKS AND RLsKERs
throughout the country. (acting as agents
Of the National Dcpositary Danks,) will
furnish forther information on application
and
ifToiD EvIhr rAcILi,y TO SUBSCRIBERS
May ia, 1864 s:--3mo.