The Tiffin weekly tribune. (Tiffin, Ohio) 1859-1868, 1864-08-04
u \. 1910 Ponds.

These Bonds are issued under the
Act ofCcngrcss 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.
tons TO these Bonds aro received in
United States notes of National Banks.
They are TO DE REDEEMED IN
COIN, at the pleasure of tho Govern.
mcn,, at any period not less than ten nor
more than forty years from their date,
and until their redemption FIVE PER
CENT. INTEREST WILL BE PAID
IN COIN, on Bonds of over one hun
drcd dollars annually and on all other
Bonds scmi-annua!ly. 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,
aud can be transferred only on the
owners order. Coupon Bonds are pay
able TO bearer, and are more convenient
for commercial uses.
Subscribers to this loan will have
TIE option Of having their Bouds draw
interest from March LIST, by paying the
accrued interest in coin-(or In United
States notes, or the notes Of National
Banks, adding City per cent. for prcu-
ium,) or receive them drawing interest
from the date Of subscription and depos-
il. AS these Bonds arc.
EXEMPT FROM MUNICIPAL OR STATE TAXA
TION,
their valuc Is increased from one
to three per cent. per nnum, according
to the rate of tax lcyies in various parts
Of the country.
At the present rate of premium on
gold they pay.
OVER EIGHT T,R CENT INTEREST.
in currency, AID are Of equal convent.
ence as a permanent or temporary in
vcstmeni.
1t is believed that no securities offer
so great inducements to lenders as the
various descriptions of U. s. Bonds. -
In al! other forms of indebtedness, the
faith or ability ofpriva,e parties of stock
companies or separate communities only
is pledged for payment, while for the
debts Of the United States the whole pro.
perty OF the country is holden to secure
payment Of both principal and interest iu
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 smalles, lender
and the largest capitalist. They can 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 con-
nection that the total Funded Debt Of
the United States on which interest is
payable in gold. on the 81 day of March
1864, was S76s, ,965, 900. The interest
on this debt for the coming fiscal year
will be S45 1886, ,l26, while the customs
revenue In gold for the current fiscaI
year, ending June soth, 1864, has been
so far at the rate Of over 100000, 900
per annum.
Instructions to the National Banks
acting as loan agents were not issued
from the United State Treasury until
March 2o, but in the first three weeks Of
April the subscriptions averaged more
than TEN MILLIONS A WEEK.
Subscriptions will be received by the
First National Bank of CHM, o.
Third National Bank of CHM, O.
Fourth National Bank of Cinn., o.
First National Bank Of Cleveland. o.
Second National Bank of Cleveland o.
AND BY ALL NATIONAL BANKS
which are depositaries of Public money,
and all
rEcrABLE BANKS AsD BANKERS
throughout the country, (acting ~ agents
of the National Depositary Bauks,) win
furnish forther information on application
and
AFFORD EVERY FACILITY TO SUBSCRIBERS.
May ~, 1864 s2-smo.