American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-06-01

These Bonds issued under the Act of Congress Of
March sh, 1854 which provides that all Bonds issued
der this Act shall be EXEMPT FROM TAXATION by or
under any state municipal authority Subscriptions
these Bonds received United States notes
notes of National Banks They TO BE REDEEMED
IN COIN at the pleasure of the Government at
rod not less than than forty years from their
date, and until their redemption FIVE PER CENT. IN
TERRsT WILL BE PAID IN COIN, on Bonds of not
over one hundred dollars annually and on other Bonds
semannuay. The interest Is payable the first days
Of March and September in each year.
Subscribers will receive either Registered Coupon
Bonds as they may prefer Registered Bonds record
ed on the books of the u g. Treasurer be
ferred only the owners order. Coupon Bonds are
payable bearer and convenient for CONNER
cial uses.
Subscribers this loan will have the option of having
their Bonds draw interest from March lst by paying the
accrued interest In conor In United States notes.
the notes of National Banks adding fifty per cent for
premium) receive them drawing interest from the
date of subscription and deposit. As these Bonds
Exempt from ManicipaI or STATE Tasation,
their value increased from to three per cent per
num- according of eyes In various 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 perma-
nent or temporary investment.
1t is believed that securities offer great induce
In all other forms of Indebtedness the faith ability Of
private parties stock companies separate communi
ties only pledged for payment while for the debts Of
the United States the whole property of the country
holden to secure the payment of both principal and in
terest in coin:
These Bonds may be subscribed for in from $50
D to any magnitude the terms, and thus
made equally available to the smallest lender and the
largest capitalist They be converted into money at
any moment and the holder will have the benefit of the
interest
1t may be useful to state in this connection that the
total Funded Debt of the United States which inter-
est payable god the Sd day Of March, 1854 was
s76s 9650O0 The interest this debt for the coming
cal year will be s45ss7 I2e while the customs
in gold for the current fiscal year. ending June 3Oh 1884
has been 80 far at rate of 500 0Oper
1t will be that the present gold of
the largely in of the wants of the
Treasurer for the payment of gold interest while the
cent of the tariff will doubtless raise tho annual
receipts from customs the amount of lmporta-
tions to s15O,OOO,OOO per annum.
Instructions the National Banks acting loan agents
were not issued from the United State Treasury until
March &c but in the first three weeks of April the sub
scriptions averaged more than TEN MILLIONS WEEK.
Subscriptions will bereceived by the
First National Bank of Philadelphia Pa.
Second National Bank of Philadelphia, Pa
Third National Bank of Philadelphia, Pa.
And by all National Banks
which are depositaries Of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country actng agents of the Nation
al Depositary Bans will furnish further information on
application and
AFFORD EVERY FACILITY TO SUBSCRIBERS.