Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1864-05-20
q. S. 1910 Bonds.

III
Those BINDS issued u.der the Ac. Of Congress Of
March sh 1864 which provide. that lsa Ct so much
of the Ian authorized by tAe Act OF Mssoh 1853 to
which this is supplementary. tho Secretary Of the
Treasury IL authorized to bon time to time. on
the credit Of the United S,ates not txceeiing TWO
HUNDRED MILLION DOLLARS during the current
fiscal year. and to prepare "hd issue therefor Coupon
and Registered Bonds Of the United States; and all
Bonds issued under this Act shali be EXEMPT FROM
TAXATION by or uader any State nnder any uni.
eipa! authority. Subscriptions these Bonds are re-.
csive in United States notes rof National Banks
They are TO BE REDEEMED IN ColN. at the pleasure
Oh The Government, at any period not les than ten
more Man forty ysars from their date and until their re-
demption FIVE PER CENT. ISTERRsT WILL Be
PAID IN COIN, nonds Of not ever one hundred
lolIars annually, and all other Bonds semi. annually
September ia each Tne Hemi annual Coupons arc
payable at those dates aud the annual Coupons on the
80 and lca dollar Bonds are payable on the first Of
March
Bonds, they may prefer Registered Bonds are 70.
corded tho books Of the IT, s Treasurer and can be
transferred only the owners order Coupon Bonds
to bearer and III IRE convenient for com.
IN rcnl us,s.
Registered Bonds will be issed of the
of Fifty Dollars ESQ., One Hundred Dollars 10o Five
Hundred Dollars (s50o) One Thousand Dollars Isl OO0)
Five Thousand Dollars (ss Ooo) and Ten thousand Dol.
lars (s1oooo) and Coupon Bonds Of the denomination
of Fifty Dollars GEO One Hundred Dollars $780, Five
Hundred Dollars (t5OO), ard One Thousand Dollars
$4,000. ...-.
Subscribers to this loan will have the option Of hav.
ing tho accrued interest In coin-or 10 United States
notes, the notes Of National Ranks adding afty per
cert. for premum) receive them drawing interest
from the Cate Of subscription and deposit.
As these Bords exempt from municipal or State
their value 10 increased from three per
per annum, according the rate Of tax evies In
various parts Of the country,
At the present rate Of gold they pay owe,
eight interest liz currency, ard are Of equal
convenience - perman ant temporary investment
1t believed that securities offer so great induce
msnts to lenders the various descriptions of u g.
Ronds In all other forms of indebtedness tho faith
ability Of private parties stock companies or
communities only pledged for payment while for tho
debts Of the United States the whole property of the
country is holden to the of both prnei-
pal and interss. ~ coin,
These Bonds may be subscribed for In sums from $40
Ip to any magnitude, the terms and are thus
made equally Available to the smallest len and the
largest capatillst They be converted into money
any moment and the holder will have the benefit Of
the interest.
Tho rac' that all duties imports arc payable in
specie furnishes fund for like payment Of interest ON
all Government Bonds largely in Of the wants
tbs treasury for this purpose,
Upon tho receipt OF subscriptions certificate Of de-.
ose therefor. in duplicate will be issued tho origina
Of which will be forwarded by the subscriber to the
Secretary of the Treasury, Washington with letter
stating the kind resstered coupon and the denomi.
nations of bonds required
Upon the receip. of tho original certificates at the
Treasury Depsrtm the bons subscribed for will Re
transmitted to the Subscribers resi- ectively
Subscriptions will be received by the Treasurer of The
United States at Washington and tho Assistant Trsasarsrs
at New York, Boston and Philadelphia, and ty tho
First National Bank Of Davenport, Iowa,
First National Bank Of Keckuk, Iowa.
First National Bank Of Mt. Pleasant Iowa,
First National Bank OF st. Louis, Missouri,
Second National Bank Of St. Louis Mi s6uri.
Third National Bank of Ct. loui' Missouri.
and by all National Banks which dapositaries OF
public money. All respectable banks and bankers
throughout the utry viii furnish Their information
application an a,ri svery facility 30 Subscribers
Maya-d&w2w