The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1864-07-06
U. S. 1910 BONDS!


Congress of Afarch sth, 1854, which
provides tha. all Bonds issted under THIS AcJ
shall be EXEMPT FROM TAXATION 0y
or under any state or municipal authority.
Subscriptions TO these Bonds are received in
United States notes OF notes OF National
Banks. They arc TO BE REDEEMED IN
COIN, at tlIepleasure of the Government, at
any period not less than ten nor more than
fortv years from their date. and until their
redemption FIvEPER CENT. INTEREST
WILL BEPAIn IN COIN, on Bonds of not
over one hundred dollars annually and on
all other Bonds ssemi-annually. The interest
is payable on the first days of March and
September in each year.
Subscribers will receive either Registered
or Coupon Bonds, as they may prefer. Re
gistercd Bonds are recorded on the books of
the U. S. Treasurer, and can be transferred
only on the owners order. Coupon Bonds
are payable TO bearer, and are more conve-
nient for commercial uses.
Subscribers to this loan will have the op-
ton of having their Bonds draw interest
from March lst, by paying the accrued in
terest in coin for in United States notes, or
the notes of the National Banks, adding fifty
per cent. for PREMIUM or receive them
drawing interest from the date of subscip-
ton and deposit. AS the Bonds are
Exempt from Municipal Or State
Taxation,
their value il increased from one to three
per cent. per annum, according to the rate
of tax Ievies in various parts of the coun-
try.
At the present rate of premium on gold
they pay
Over Eight Per Cent. Interest
in currency, and are of equal convenience
AZ a temporary investment
II is believed that no securities offer so
great inducements to lenders as the various
descriptions of U. S. Bonds. IN all other
forms of indebtedness, the faith or ability of
private parties or stock companies or sepa-
rate communities only is pledged for pay
mcnt, while for the debts of the United
States the whole property of the country is
holden to secure the payment of both prin-
cipal 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 to the smallest lender and the lar
, gest capitalist. They can be converted in
to money at any moment, and the holder
will have the benefit Of the interest.
II may be useful to state in this conncc-
ton that the total funded debt of the United
States on which interest is payable in gold,
on the Sd day of March, 1864, was T68, ,965,
900. The interest on this debt for the coming
fiscal year will be S45937, 126, while the Gus
toms revenue in gold for the current fiscal
year, ending June Both, 1864 has been at the
rate of over $l00,000,00 per annum.
1t will be seen that even the present gold
revenues of the Government are largely in
excess of the wants of the Treasury for the
payment of gold interest, while the recent
increase eff the tariff will doubtless raise the
annual receipts from customs on the same
amount of importatons, to $3.50, 100000 per
annum.
Instructions to the National Banks acting
as loan agents were not issued from the Uni
ted States Treasury until March 26, but in
the first thrcc weeks in April the subscrip-
tions averaged more than TEN MILLIONS
A WEEK.
Subscriptions will be received by tho
First National Bank of Caaaiz. q.
And by all National Banks which are dppOs-
itaries of Public money and all
RESpEl"r-AEt R-A HCJ< = Sr.a ia y L. u, z =
throughout the country, (acting as agents o
the National Depository Banks,) will fur
| ther information on application and
| AFFORD EVERY FACILITY TO SUB
SCRIBERS.
JlInn g 1S642mO inside