, 1864-05-13
W. 8. Bnn0s.
IT, S.
BON DIS

nese Bcrt7 .re Issued under the Act Of ConEtssA ot
Atct H. lse: w,ct provides that in lieu o. 50 nuet
{: .he lcsn authorized h3 the Act OF March 12 tc
which this Is sucp1emertary tie Secretary oi the
TtessurJ Is authorized to borrow from a-s to tce,
on the credit Of tho Uuf.cd States. not e1esee!n2
TTo HUNDRED MILLION DOLLA2s during the
current fiscal year. and 70 prepare aad lssro thsEa1
Ceupona and ReSisteE.d Bonds Of the Un1ted States
and Ill Bonds Issued under this Act .aal1 b. ExENP1
FEeM TAXATION By or under any State or muatct.
pal authczis7. Subscriptions 20 these Bonds are 1er
eciyed In United States notes or notes Of National
Banks. They are TO BK KxpEEuRD IN COIN. at
the p1esaure Of the Government, at any period aoa
their dase. and until. their redemption FIVE PER
CENT. INTEREST WILL BE PAID N co1s. on
Bends Of net OVER onc huadred dola1s annually md
al other Bonds semi Annually.
Tho interest Is payable ea tbs ars: da7a Of Hasch
and September In eseh year. Ths seutanuusl cou;
pens payable At thoss dss.s and the annual cou
pors the 20 md 100 dollar Bonds are payable On hs
nr.t Of Mareh.
snbsazibers WI receivu either Registered Or Cna
pen Bonds, a. they may prefer. Eosis.esed Bonds are
esorded th books CT ths q: g. Treasurer aad car
be sransfesred only on the owners order. Coupon
Bents payable 70 bsa1es and arc mora convenient
fo7 Commercial uses.
Registered Bonda win br. ,ssasd II tho d=aom,ns;
tioas Of Fifty De1lsrs tsso.} One Hundred Dollars
{$1aso Tars Hundred Dollars (ssoo.) ono Thousand
Dorsrs ts1,ae9o Ftye Theusand Dollsrs {ssaooJ and
Tan Thousand Dollars {s!hoon j md Coupon Bonda
OF the denominations Of Fifty Dollars {ssoo oas Hum
dred Dol1as te1oe, Five hundred Dollars (ssaoo md
ona Thousand pollats (t1,opo.3
Subscriber. to this loan will hare ii, opten Of hay
ing thoiz Honda draw ia.srea. from March LIT, By
paying the accrued interest IN eofn{or In United,
States notes. Or the notes OF National Bans. adding
nity per cent. for premium or receive them drawing
interest tro tha,dAts Of subscription aua depos,t
As these bonds ara exempt from municipal Or ssats
ta=a.on their value Is increased from onsto three
cent per annuE according to tho rate cf tax levies IN
various parts Of ths country.
At thu pressns rata Of sroutua On gold the5 pay
over eight per esnt interest In currency, and
equal convenience as pe.mAnsat or temporary IT,
vestnoent.
It IL believed that no securities offer 10 great ID.
cucements 70 lenders ~ the various descriptions Of
0. g. Bonds IN Ill other forms Of Indebtedness, tns
faith Or ability Of private parties o. stock companies
OF separate communities OILY Ia pledged for man
Willis for ~ debts Of ths United sts.es tho shalt
property OF te county ID holden to secure the paB
nsnt OF sbota principal Interest in coin.
Tless Bonds may be subscribed for IN sumAh from 3se
ade equally available to the sns1ess lender and ths
largest capitalist Tbs. esa bs con,ersed isto moasJ
At aHy moment, md Tie holder 1n have the benaat oi
The interest.
Tbs fact that ali duties On imports ara payable In
specie u1ashs. fund for like payment OF interest
all Government Bonds largely in fxaess Of The waat'
ofths t7sasu.5 Tor th,s purpose.
Utoa ths receipt o1tuhseriptoas serssheata Of do
psst thersfor duplicate. sl ,ssued the ortsina
Of which vii! b forwarded By the subscriber to TIL
secretary Of the Treasury. It Fashiakton. With lot
ter stating the kind tres!steesd aE soapon) aaa e do
nosainahcas Of bonds required
Upon receipt OF ths ors nal certificates atths Tseas