The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-06-01
q. s. 1910 BONDS.

lnSso DOHGS are iSsu6u uhucf tuo All
of Longress of March 9Th, 1864, which
provides that all Bonds issued under this
Act shall be EXEMPT FROM TAXATION
by or under any state or municipal author
ity. Subscriptions 10 these Bonds are re
ceived in Unit ed States notes or notes of
National Banks. They are TO BE RE
DEEMED IN COIN, al the pleasure of the
Governme ut, al any period rot less than
ten noE more Than forty years frosn their
date, and uuiiI lheif redemption FIVE
PER CENT. INTEREST WILL BE PAID
IN COIN, on Bonds OF not over one hum
dred dollars annually and on all other
Bonds semi annually. The interest is pay
able on The first days of March and Sep
tember in each year.
Subscribers will receive eth err Regis
tered or Coupon Bonds, as they may pre-
fer. Registered Bonds are recorded on the
books of The U. S. Treasurer, and can be
transferred only Oh the owners order =
Coupon Bonds are payable to bearer, and
are m ore convenient for commercial uses.
Subscribers 10 this loan VII have the
option of having their Bonds draw inter esl
from March LIST, by paying The accrued in
terest in coin-(or ia United States notes,
or the notes of National Banks, adding fil.
ty pei cent. for premium,) or receive them
drawing interest from the date OF subscrp-
lion and deposit. As these Bonds are
Exempt fr0m Municipal or State
Taxation,
their value is increased from one to three
per cent per annnm, according TO The rate
of tax leyies in various parts of the conu.
try.
AT the present rate of premium on gold
they pay
OVER EIGHT PER CENT INTEREST
in currency, and are OF equal convenience
as permanent or temporary investment.
II is believed that no securities offer so
great inducements to lenders as the various
descriptions of S. Bonds. In all other
forms of Indebtedness, the faith or ability
OK private parties or stock companies or
separate communities only is pledged for
payment, while for the debts of the United
States the whole property of the country
is holden TO secure the payment of both
principal and interest in coin.
These Bonds may be subscribed for in
sums from $50 up TO any magnitude, on
the same terms, and are thus made equally
available 10 the smallest lender and The
largest capitalist They can be converted
into money al any moment, and the holder
will have the benefit of the interest.
Ii may be useful 10 state in this connec-
tIon that The total Funded Debt of the
United States on which interest is payable
in gold, on the Sd day of March, 1864, was
S76s, 600. The interest on this deb,
for the coming fiscal year will be S4 $685.
1875, while The customs revenue in gold
for the current fiscal year ending June
30th, 1864, has been SO far at the rate of
over 500, 600 600 per annum.
Ii will be seen that even the present
gold revenues of The Government are large
ly in excess of the wants of the treasury
for the payment of gold interest, while the
recent increase of the tariff will doubtless
raise the annual receipts from customs on
The same amoun: OF imporlations, 10 $780,
000, 900 per annum.
Instructions 10 the National Banks act
ing as loan agents were not issued from
the United State Treasury until March 90,
but in the first three weeks OF April the
subscriptions averaged more than TEN
MILLIONS A WEEK.
Subscriptions will be received by all
National Banks
which are deposilaries of public money,
and all
RESPECTA BILE BANKS AND BANKERS
throughout the country, (ac,ing sas agents
OF the National Depositary Banks,) will
furnish further information on application
and
AFFORD EVERY FACILITY TO SUB
SCRlBERS.
May 4, lS64--2m.