The Portland daily press., 1864-05-23
u. S. 1910 BONDS.

These Bonds are issaed under the Act Of Consress
of March sth 1884 which provides that In lieu of so
much ofthe loan authorized by the Act Of March 3d.
1851 TO which this is supplementary the Secretary of
the Treasury is authorized to borrow from time 10
time on the credit of the United States rot exceed
ing Two HUsDaiD MILLIos Dol LARS during the
current fiscal year. and to prepare and issue therefor
Coupon and Registered Bonds Of the United States;
and sll Bonds issued under this Act shall be EXEMPT
FROM TAXATION by OF under any State or munich
pal authority. subscriptions 10 these Bonds are re-
csived in United States notes of National Banks -
They eTo DE REDEENKD IN cors, at the pleas
ure oft the Government at any period not Tess than
ten nor more than forty years from their date and
until their redemption Five PEE CENT INTEREST
WILL BE PAID IN COIN on Bonds OF not over one
hundred dollars annually and on all other bonds So
mi annually.
The Interest is payable on the first day of March
and September in each year. The semi annual Cou.
pons are pay able at those dates, and the anuusl
Coupons the 80 snd 100 dollar bonds are payable
on the first of March.
Subscribers will receive either Registered or cou.
pom bonds. as they may prefer. Registered Bonds
are recorded on the books OF the L. 8. Treasurer,
aud can be tranferred only at the owners order
Coupon Bonds are payable TO bearer. and are more
convenient for commercial use.
Registered Bonds will be issued Of the denomina-
tons Of Fifty Dollars 1850. Ono Hundred Dollars
tslool, Five Hundred Dollars t5oo), One thousand
Dollars 1000 Five Thousand Dollars les oo0l and
Ten Thousand Dollars (sio. Oool; and Coupon Bonds
OF the denominations OF Fifty Dollars $780, One
Hundred Dollars (slO0). Five Hundred Dollars
ts5ool, and One Thousand Dollars 81 COO.
Subscribers to this loan will have the option Of
having their bonds draw interest from March lst,
nv he a info sue
States notes. or the notes ofNaiional Banks, adding
fifty per can't. for PREMIUM or receive them draw.
ing interest from the date Of subscription and de-
post.
As these Bonds are exempt from Municipal or
State taxation. their value increased from to
three per cent per annnm according to the rate Of
tax levies In various parts Of the country.
At the present rate of premium gold thsy pay
over eight per cent interest in currency aud Of
equal convenience as permanent or temporary in
vsstment.
II is be ieyed that securities offer 20 great In
ducements TO lenders the various descriptions OF
U. s. Bonds. In all other forms of Indebtedness
the faith or ability of private parties or stock CON-
panies or separate communities only is pledged for
payment whileior the debtso the United states the
whole property Of the country Is holden TO secure
the payment both principal and isierest in coin
ine bouus may DC subscribed iof IN sums from
$50 up TO any magnitude. on the same terms. and
are thus made available to the smallest lender and
the largest capitalist They eau be converted into
money at any moment. and the holder will have the
benefit of the Interest.
The fact that all duties imports are payable in
specie fund for like payment OF interest
ON all Government bonds largely 10 excess Of the
wants of the treasury for this purpose.
Upon receipt Of subscriptions a certificate of de-
post there or in duplicate will be Issued the origi-
nal of which will be forwarded by the subscriber to
the Secretary Of the Treasury, At Washington with
letter stating the kind registered or eouponl and
the denominations OF bonds required.
Upon the receipt of the original certificate Mt the
Treasury Department the bonds subscribed for will
be transmitted TO the subscribers respectively.
SUBSCRIPTIONS wi be received BY the Treasurer
ofthe Uaited States At Washington and the Assist
ant Treasurers at New York, Boston and Philade.-
| ph'a and by the
| First National Bank of Portland, Me-,
First National Bank OF Augusts. Me-,
First Ma ional Bank Of Bangor. Ne,
First National Bank of Bath, Ne,
First National Bank of Brunswick. Ne.
and by all National Banks which are depcsitaries OF
public money. All respectable banks and bankers
throughout the country will furnish further inior.
nation on application, and afford every facility to
subscribers. may20dkwiss