Delaware State journal and statesman., 1864-06-03
U. S. ,1O-4O BONDS.

These Bonds Issued upder the Act of congress o.
March sh 1854 which provides that all Bonds issued
under this Act shall te EXEMPT FROM TAXATION by
or under auy stats municipal authority. subserp
lons 70 these Bonds ate in United States notes
Or noes of National Ranks 1bay are TO BE REDEEM.
ED IN COIN, at tie pleasure Of the Government al any
period not 'ess haa len nor than forty years from
thor datr and until their redemption FIVE PER CENT.
INTEREST WILL RE PAID IN COIN. on Bonds of not
over one huudroi dollars annually and all other Bonds
semtanuualy. Tho interest il payable the first days
Of March and September in each year.
Subscribers will receive either Registered or Coupon
Bonds, tloy may prefer Registered Bonds record
ierred only the owners order Coupon Bonds pay
able to bearer, and convenient for commercial
uses
subscrib0r 10 this loan will have the option Of having
their Bonds draw interest from March 1st by paying the
accrued interest in coinor in United States notes,
the notes of National Banks adding fifty per for
preinium receive them drawing interest from the
date Of subscription and deposit As these londs
Exempt from Municipal or state Taxa
tton,
their value Is increased from to throe per cent.
per annum according the rate tax lcvies various
paris Of the country.
AT the present rate of prcnium on gold they pay
Over Eight per Cent Interest
in ency, and fequa convenience permanent
temporary Investment
It is believed that no securiees oHor so great in,
ducement to lenders tho various descriptions Of u s.
Bonds In all other forms of indebtedness the faith
ability OF private parties stock companies separate
communities only is pledged for payment, Nhile for the
debts Of the United States the whole property of the
country holden to tho payment of both princpa
and interest in coin.
Those Bonds may bo subscribed for in sums from $50
up to any magnitude, the terms, are thus
made equally available To the smallest lender and the
largest capitalist They can be converted uto money at
any moment and th holder will Lavo the benefit Of the
interest.
1t may be useful to stats in his ronueron la, the
tltai iaated Deb. % ..e U,h ,. g. ,.e 3d. "a
Is payable in gold, the 81 day of Aa v, .oel, was,
sT6s9G5OOe The interest this debt for the coming
fiscal year will bo $40 9s7 2d while the customs
in gold for He current fiscal year, ending June Both
1864 has been 50 far at the rate Of over sOOOOOOOO PEI
annum.
II will b. that the present gold Of
the largely in the wants Of III
Treasurer for tho payment of gold nrerest, while the
recent increase Of the tariff will doubtless raise the
annual receipts from customs the SAME amount OF
imporialions 10 i5o,OOo,OOo Per annnm
Instructions to lie National Banks acting loan
agents we've not issued from the United States Treasury
until March 9 but ln the hrst three weeks of April the
subscriptions averaged more than TEN MILLioNs A
WEEK
Subscriptions will be received by the
First National Dauk * Akron, o.
First National Bank of Bridgeport,
First Rational Bank Of Canton, o.
First National Bnul, Of baltimore, Md.
First National Bank of Washington, DC.
AND BY ALL NATIONAL BANKS
which are leposAres of Pablic money, and all
REsPEoTABLE BANKS AND BANKERS
throughout the country lactug agents Of the Nation
al Depositary Banks) will furnish further Information
on application and
AFPnRD EyERy FAcfIITy TO sUDsCRIBR g.