The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1864-06-30
U. S. 1O.4O Bonds.


These Bonds are issued under the Act of Congress
March stb, 1904 which provides that all Bonds issued
under this Act shall be EXEMPT FROM TAXATION
by or under any state or municipal authority. SUB
pcriptions to these Bonds are received In United
stotss notes or notes Of National Banks. They are
TO DE REDEEMED IN COIN, the pleasure Of the
aovorument at any period less Tim ten nor more ha"
sy rear, from their date, and until their redemption
FIVE PER CENT INTEREST WILL BE PAID IN
COIN, on Bonds Of not one hundred dollars snnu'
olv and on all other Bonds seml.annuay The inter-
. 4. poy.ble on the rst days of March and September
In each year.
subscribers will receive either Registered or Coupon
Bonds, as they may prefer Registered Bonds are re-
corded on the books Of tho u g. Treasurer and can be
transferred only on the owners order Coupon Bonds
are payable to bearer and convenient
mercial uses.
Subscribers to this loan will have the option OF hav-
ing their Bonds draw interest from March ls, by pay
ine the accrued interest in con-orin United states
noe. Or the notes Of National Banks, adding hy per
cent for premum,) or receive them drawing interest
from the date Of subscription and deposit, As those
qonds
Exempt from Municipal or State Taxation
their value is increased from to three per cent per
auuum according to the Of tax loves in various
SRrts Of the country.
1t the present rate of premium on gold they pay
over Eight Per Cent. Interest
IN currency and are of equal convenience as perma-
nent or temporary investment.
tits believed that no securities offer great Induce
ments to lenders as the various descriptions of u s.
In all all other forms of Indebtedness the faith or abil-
itv Of private parties or stock companies separate
communities only pledged for payment while for the
debts Of the United States the whole property OF the
country is holden to the payu ent of both prne
pal and interest In coin.
Th,se Bonds may be subscribed or in sums from $50
mp to any magnitude on the terms, and are thus
made equally available to the Allcst lender and the
largest capitalists. They be converted into money
at any moment, and the holder will have the benefit Of
the interest.
II may be useful to state in This connection that the
otal Funded Debt of the Uni States which inter
est IL payable in gold, tho day of March, 1861, wa'
s7es es5 600 The interest this debt for the coming
scal yearw be s45 o37 2 while the customs revenue
in gold for the current fiscal year, ending June Sott
1854 has been SO far at the rate of pei
annum.
twill be seen that even the present gold revenues
Of the Government largely in excess of the wants
the Treasury thoray eut of gold interest while th
recent Increase of the tariff will doubtless raise th
annual receipts from stoms the sane amount Of i'm
pOrtAtous, to $4,000 900 per annurn.
Instructions to th National Ranks acting /" loar
agents we're not ed from the United States Treasur!
until March &C. bu In the FIRST three weeks OF April tn
subscriptions avert bod more than TEN MILLIONS
WEEK.
Subscriptions will be received by the
First National Bank OF Cincinnati, o.
Third National Bank of Cincinnati, o.
Fourth National Bank of Cincinnati o.
And by all NatiOnaI Banks
which are depositories OF Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country acting as agents Of the Nation
al Depostary Bans) will furnish further Information
on replication and
AFFORD EVERY FACILITY TO SUBSCRIBERS
myl2m2nsPAco