Litchfield enquirer., 1864-08-25
U. s. lO-4O BONDS.

THESE Bonds are issued under the Act of Congress of March 9th, 1864, which provides that all Bonds issued under this Act shall be EXEMPT FROM TAXATION by or uader any state or municipal authority. Subscriptions to these Bonds are received in Baitcd States Notes or Notes of National Banks. They are TO BE REDEEMED IN COIN, at the pleas ure of the Government, at any period not kss than Gen nor more thun Jo,ty yeass from their date, and until their redemption. FIVE PER CENT. INTEREST WILL BE PAID IN COIN, on Bonds of not over one hundred dollars annually, and on all other Bonds semi.annually The inter. est is payable on the first days of March and September in each year.
 Subscribers will receive either Registered or Coupon Bonds, as they may prefer. Regis. tered Bonds are recorded on the Books of the U. s. Treasurer, and can be Transferred only on the owner order. Coupon Bonds are pay. able to bearer, and are more convenient for commercial uses.
 Subscribers to this loan will have the op. tion of having their Bonds draw interest from March 1st, by paying the accrued interest in of National Banks. adding fifty per cent. for premium or receive them drawing interest from the date of subscription and deposit. As these Bonds are
 EXEMPT FROM MUNICIPAL OR STATE
 
 their value is increased from ono to three per cent. per annum, according to the rate of tax levles In variOue parts of the country.
 At the present rate of premium on gold. they pay
 OVER EIGHT PER CENT INTEREST in currency, and are of equal convenience asa permanent or temporary investment.
 It Is believed that no securities offer 50 great Inducements tO lenders aS fhe variouc daecrin- tions of U. s. Bonds. In all forms of indebt- edaess, the faith of ability of private parties or stock companies or separate communities only is pledged for payment, while for the debts of the United States, the whole proper ty of the country ts holden to secure the pay. ment of both principal and IF terest in coin
 These Bonds may be subscribed for In sums from $60 up to any magnitude, on the same terms, and are thus made equally available to the smallest lender and the largest capitalist. They can be converted into money at any mo- ment, and ths holder will have the benefit of the interest.
 It may be useful to state in this connection that tho total Funded Debt of the United States on which interest is payable in gold. on the Sd day of March, 1864, was $768. .965, ,000. The interest on this debt for the coming fiscal year nue in gold for the current fiscal year, ending June @0th, 1864. has been so far at the rate of over sl00. GOO. 900 per annum.
 It will be seen that even the present gold revenues of the Government are largely in ex. cess of the wants of the Treasury for the pay ment of gold interest, while tho recent in. crease of tho tariff, will doubtless raise the annual receipts from customs on the same amount of importations, to $50, ,000, 900 per annum.
 Instructions to the National Banks acting as loan agents were not issued from the United States Treasury until March 26, but in the first three weeks of April .ho subscriptions averaged more than TEN MILLIONS A WEEK.
 Subscriptions will be received by the
 First National Bank of Providence, R. I.
 First National Bank of Bridgeport. Conn.
 First National Bank of Hartford, Conn.
 First National Bank of New Haven, Conn.
 First National Bank of Norwich, Conn.
 First National Bank of Stamford, Conn.
 First National Bank of New York City,
 AND BY ALL NATIONAL BANKS which arc Repositories of public money, and all
 RESPECTABLE BANKS AND BANKERS throughout the county, (acting as agents of the National Depository Banks,) will furnish further information on application and AFFORD EVERY FACILITY TO suBscRLBERs. 3m3