The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-04-14

Elementary the Secretary the Treasury Is authorized 10
borrow. from time 10 time, the credit OF the United
States. mot exceeding Two Hundred Million Dollars du
ring the current nsca and to prepare and issue
therefor Coupon and Registered Bonds Of the United
sates and ali bonds issued under thss act shall be
exempt from taxation by any municipal
authority
subscripoosto these bonds received In United States
notes notes OF banks They are redeemed
In coin. at the pleasure government any period not
less than ten nor than from their date sad
until their redemption per interest win be paid ia
coin. on bonds Of over one hundred dollars annually
and all other bonds semi an nuaiy
The interest payable the hrs days March aud Sep
TENDER in each The coupons payable
at those dates the the nfy and
hundred dollar bonds payable the lat Of March
Subscribers viii registered coupon bonds
they prefer Registered bonds recordered
books OF United States Treasurer and can trans
ferred only the owners order Coupon bonds pay.
uses
Registered bonds will be Issued OF the denominations OF
FIFTY dollars $780, one dollars (slO Eve hun
dred es5oO dollars Isl oO Eve thou
sand dollars $4,000, and thousand dollars $4,000
and coupon bonds of the denominations Of Gfty dollars
$780, one hundred dollars $1,000, five hundred dollars
$500 and one thousand dollars ($lOOO
Subscribers this loan win the option Of having
interest in con(o in United States notes or the
notes of national banks adding fifty PER premum)
or receive them drawing the date OF subscrp
ton and deposit
As these bonds exempt from municipal or State
taxation their value is increased from to three
per according the rate OF TAX evies in
rous parts of the country.
AT the present rate OF premium gold they over
eight per interest currency Of equal
nience permanent temporary investment.
II believed that securities offer great Inducements
TO lenders as various descriptions or United States
bonds In all other Indebtedness. the faith
ability Of private parties stock companies or separate
communities only is pledged for payment. while for the
debts Of the United States the whole property the country
is holden to payment Of both principal and int
in coin
may be subscribed for in sums from So up
to any magnitude on the and thus made
equally available smallest lender and the largest ca
pitas They can be into at moment.
and the holder viii have the bened; OF the interest
furnishes fund like payment of ineres. all govern
men, bonds largely 10 excess OF the Treasury
for this purpose
Upon receipt Of subscriptions certificate Of deposit
therefor in duplicate will be the original Of which
win be forwarded by subscriber the Secretary Of the
Treasury. at Washington with letter stating the kind
(regsered or coupon and the OF bonds
CURED.
Upon the receipt or the original certificates Al the Urea
sury Department the subscribed for viii be transmit
ted to the subscribers respectively
Subscriptions will be received by the Treasurer OF the
United States at Washington and the Assistant Treasurers
a, New York. Boston and Phllsdelphia and BY the
FRS, National Bank of New York. No. Wall street.
Second National BANK of York. and Broadway
Fourth National Bank Of New York. Pine street.
sixth National Bank OF New Sixth and Broadway
Tenth National Bank Of New York $40 Broadway.
New York Exchange Bank sa Greenwich street.
FIRST National Bank Of Boston, Mass
Second National Bank OF Boston Mass.
First National Bank Of Fan river Mass
trst National Bank or New Bedford, Mass.
FIRST National Bank q Springfield. Mass
Second National Bank OF Springfield Mass.
Ftrs, National Bank Of Worcester. Mass
FIRST National Bank OF Bennington w.
FRS, National Bank Of Providence. RI.
FRS, National Bank OF Hartford Conn.
FRS, National Bank OF New Haven. Conn.
Second National Bank of New Haven Com.
FRS, National Bank Of New London. Conn.
FRS, National Bank OF Stamford. Conn.
First National Bank OF New York city.
Second National Bank OF New York city.
Fourth National Bank OF New York sisy.
Sixth National Bank Of New Fork city.
Tenth National Bank Of New York city.
National Exchange Bank OF New York az.
rirs, National Bank OF Albany, NJ
rirs, National Bank Of Albion. =.
first National Bank Of Buffalo. NJ
First National Bank Of Bpghamtou. .. z
FRS, National Bank OF Bath. n. T.
First National Bank OF Coopers,own. NJ.
second National Bank Of coopsrs,own. T.. Z
Fra, National Bank Of Chit,eusngo. NJ
virs, National Bank OF Dansvi.e NJ i,
FRS. National Bank Of Elensville. n. z.
sirs, National Bank Of Elmra. NJ.
second National Bank OF Blmirs. N T.
First National Bank or Fshxin Landing. 1T.
First National Bank OF Havana. ny.
first National Bank OF Lock port MI
FIRST National Bank OF Morrsvills. MI.
FIRST National Bank OF oswego NJ
Main Rank If sgeu NJ r.