The Tiffin weekly tribune. (Tiffin, Ohio) 1859-1868, 1864-06-02
u =. 1910 Bonds.


These Bonds are issued under the
Act Of ofCongrcss Of March sth, 1864,
which provides that all Bonds issued
under this Act shall be EXEMPT
FROM TAXATION by Or under any
state OF municipal authority. Subscrp-
tons to these Bonds are received in
United States notes of National Banks.
They are TO DE REDEEMED IN
COIN, at the pleasure Of the Govern
ment, at any period not less Than ten nor
more than forty years from their date,
and until their redemption FIVE PER
CENT. INTEREST WILL DE PAID
IN COIN, on Bonds Of over one hun.
drcd dollars annually and on all other
Bonds semi.annuully. The interest is
payable on the first days of March and
September in each year.
Subscribers will receive either Regis
tered or Coupon Bonds, as they may
prefer. Registered Bonds nrc recorded
on the books OF the u. s. Treasurer,
and can be transferred only on the
owners order. Coupon Bonds nrc pay
able TO bearer, and are more convenient
for commercial uses.
Subscribers to this loan viii have
the option of having their Bouds draw
interest from March LIST, by paying the
accrued interest in coin--(or in United
States notes, or the notes Of National
Banks, adding fifty per cent. for prem
ium,) or receive them drawing interest
from the Gate Of subscription and dcpos-
it. AS these Bonds arc.
EXEMPT FROM MUNICIPAL OR STATE TAXA.
rIoN,
their value Is increased from one
to three per cent. per rum. according
to the rate Of tax lev sin various parts
Of the country.
At the present rate of premium on
gold they pny.
OVER EIGHT PER CENT INTEREST.
in currency, aud are of equal convent.
encc as permanent or temporary in
vcstment.
1t is believed that no securities Offer
so great inducements to lenders as the
various descriptions Of u. s. Bonds. -
In al other forms OF indebtedness. the
faith or ability ofprivate parties of stock
companies or separate communities only
is pledged for payment, while for tn,
debts Of the United States the whole pro
perty Of the country is holden to secure
payment of both principal and interest il
coin.
i These Bonds may be subscribed for il
sums from $50 up to any magnitude, OF
the same terms, and are thus mud,
equally available to the smallest lende
and the largest capitalist. They can b,
converted into money at any moment
: and the holder will have the benefit Of
the interest.
1t may be useful to u,ate in this con
nection that the total Funded Debt o.
the United States on which interest !.
payable in gold, on the Sd day of Marcl
1864, was $76s, 1866 900. The intcres
, on this debt for the coming fiscal yea
will be $45 ,9a6,I26 while the custom,
revenue In gold for the current fisca
year, ending June 3Oth, 1864. has been
so far at the rate of over $I,oO,0oo, ,OoC
per anpum.
Instructions to the National Banks
acting as loan ogents were not issued
from the United State Treasury until
March 26, but in the first three weeks oi
April the subscriptions averaged more
than TEN MILLIONS A WEEK.
Subscriptions will be received by the
First National Bank Of CHM, o.
Third National Bank Of Cinn., o.
Fourth National Bank of Cinn., o.
First National Bank of Cleveland o.
Second National Bank of Cleveland o.
AND BY ALL NATIONAL BANKS
which are depositaries of Public money,
and all
RESPECTABLE BANKS AND BANKERs
throughout the country, (acting al agents
Of the National Depositary Banks,) will
furnish further information on application
and
AFFORD EVERY FACILITY TO SUBSCRIBERS,
May IL, 1864 s2-smo.
JOB PRINTING!
JOB PRINTING!
OF all kinds done at the Tribune Office.