American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-08-03
u. S. 1910 Bonds.


These Bonds are issued under the Act of Congress of
March sth 1854 which provides that all Bonds issued
der this Act shall be EXEMPT PROM TAXATION by or
under any or municipal authority. Subscriptions
these Bonds received in United States notes
notes Of National Banks They are TO BE REDEEMED
IN COIN at the pleasure of the Government at
riod uOisss than ten ta forty yers 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 on other Bonds
semiannually The interest is payable the FIRST days
of March and September in each year.
Subscribers will receive either Registered or Coupon
Bonds they may prefer. Registered Bonds record
ed on the books the o. s. Treasurer and be
ferred only on the owners order. Coupon Bonds are
payable to bearer and convenient for
cial uses
Subscribers to this loan will the option Of having
their Bonds draw interest from March 1s by paying tho
accrued interest in eoin-or In United States notes.
premium or receive them drawing interest from the
date Of subscription and deposit As these Bonds
Exempt from Aanieipal or State Tazatton,
their value Is increased from one three per cent per
num- according to tho ratio of eyos various parts of
the country.
At the present rate of premium on gold they pay
over Eight Per Cent Interest
in currency and of equal convenience as perma-
ncnt or temporary investment.
tits believed that no securities offer great induce
ments to lenders as the various descriptions ofU s. Bonds
In all other forms of Indebtedness the faith or 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 is
holden to the payment of both principal and In
terest in coin:
These Bonds may be subscribed for in from $50
ITO any magnitude, on the terms and are thus
made equally available to the smallest lender and the
largest capitalist They be converted into money
any moment and the holder will have the benefit of the
interest.
1t may be useful state this connection that the
total Funded Debt of the United States which inter
est is payable gold the Sd day Of March, 1884
s76s OOO The interest on this debt for the coming
nchl year Nhiis ipfohuo
in gold for the fiscal year. ending June 3Oth 1864
has been SO far of tlo0OOooOo per annum
1t will be that the present gold revenues Of
the Government largely in of the wants of the
Treasurer for the payment of gold interest while the
cent Increase of the tariff will doubtless raise the annual
receipts from customs the amount Of importa
tions, to s15O,OOO,OOO per annum.
Instructions to the National Banks acting loan agents
were not issued from the United State Treasury until
March 26 but IN the first three weeks of April the sub
scriptions averaged more than TEN MILLIONS A WEEK
Subscriptions will be received 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 depostares of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country (actng agents Of the Nation
al Depostary Dans will furnish further information
application and
AFFORD EVERY FACILITY TO SUBSCRIBERS