American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-11-02
u. S. 7-3O Loan.

THE Secretary Of the Treasury gives notice that sub
payable three years from Aug. 18TH 1864 with senan-
nual interest At Of and three-tenths per
cent. per annumprncpal and interest both to be paid
in lawful money
These notes will bo convertible at the option Of the
holder at maturity intosix per cent gold bearing bonds
payable not less than ve nor moro than twenty years
from their date, tho Government may elect. They
VIII be Issued in denominations of $50 siOo $500
and s5oOo and all subscriptions be for fifty dollars
or some multipleof of fhy dollars.
The notes will be transmitted to the owners freq Of
transportation charges after the receipt of the
original Certificate of Deposit they be prepared
As the notes draw interest from August l5 persons
making deposits subsequent to that date pay the
interest accrued from of date of deposit
Parties depositing twenty-five thousand dollars and
upwards for these any time will be allowed
a commission of onequarter of per cent which will
be paid by the Treasury Department upon the receipt Of
a bill for the amount certified by the officer with whom
the deposit was made No deductions for commissions
must be made from tho deposits.
Special Advantages of This Loan.
II IS ANATIoSAL SAVINGS BAND, Offering higher rate
of interest than any other and the best security. ANY
savings bank which pays its depostors in U S Notes.
considers that it paying in the best circulating medium
of the country and pay in anything better for
its assets either in securities in
notes or bonds payable in government paper.
1t is equally conveniet temporary permanent
Investment The notes always be sold for within
fraction of their face and accumulated interest and
the best security with banks collateras discounts
In addition to the very liberal interest the notes for
three years this privilege Of conversion is now worth
about three per cent per annum for the current rate for
$40 Bonds is not less than mine per cent Premium and
before the the premium in six per u g. stocks
was over twenty per cent. 1t will be that the
tua profit this loan at the present market rate Is not
less than ten per cent. per annum.
Its Exemption from State or Municipal Taxation.
But aside from all the advantages we have enumora-
tod special Act of Congress ersn.pts all bonds and
Treasury notes from lacal taratiOn On the average
this exemption worth about two per cent per annun
occordug to the rate of taxation in various parts of the
country.
Its believed that securities offer great induce
mcnts to lenders those issued by the government
In all other forms Of indebtedness, the faith ability
of private parties stock companies separate
munitles ouy, Is pledged fsr payment while tho whole
property of the country is held to the discharge
OF all the obligations Of the Uniel States.
While the government offers the most liberal terms
for it, lonns 1t believes that the very strongest appeal
will be the loyalty aud patriotism Of the people.
Duplicate certificates will be issued for all deposits
The party deposlting endorse upon the original
certificate the denomination Of notes required, and
whether they be issued in blank payable to
der When so endorsed it be left with tho officer
receiving the deposit to be forwarded the Treasury
Department.
the United States Washington the several Assistant
Treasurers and designated Depostares, and by tho
First National Bank of
Allegheny City, Pa. First Second, and Third National
Banks of Pittsburgh Pa, and by all National Banks
which are depostares Of public money, and
ALL Respectable BANKS AND BANKERS
throughout the country will give further information and
AFFORD EVERY FACILITY TO SUBSCRIBERS.