Democrat and sentinel. [volume] (Ebensburg, Pa.) 1853-1866, 1864-07-13
U. S. 1910 BONDS.

These Bonds are issued under the Act of
Congress ,f March Sth, 1864, which pro-
vides that all Bonds issued under this Act
shall be EXEMPT FROM TAXATION by
or under any state or municipal authority.
Subscriptions to these Bonds are received III
United States notes or notes OF National
Bauks They are TO BE REDEEMED IN
COIN, at the pleasure Of the Government,
at any period not less than ten nor more than
forty gears from their date and until redemp
BE PAID IN COIN, % Bonds uf not over
Ole hucdred dollars annually and on all
other Bonds senli>auuualiy. The interest is
payable on the first days of March and Sep
teubet il each year
Subscribers vii! receive either Registered
or Coupon 'uis, as they may prefer. Re
gistered Bon Is are recorded on the books Of
the I. s. Treasurer. and can be transferred
only OF the owners order. Coupon Bonds
are payable TO bearer, auQ are more couye-
I.ieut 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
tercst in coin-(or in United States notes.
or the notes Of National Banks, al ling fifty
per cent for premium.) or receive them
drawing interest from the GATE Of subscrip,
tion and deposite. As thee Bonds are
EXEMPT FROM MUNICIPAL OR STATE
TAXATION,
their value is increased from one 10 three
per cent per anuum. according to the rate
! If tax levies il various parts Of the country.
u the present rate Of premium or gold
they pay
OVER EIGHT PER CENT. INTEREST
; in currency, and are of equal convenience
us 4 permanent Or temporary investment.
: 1t Is believed that 10 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 IF
7 private parties or stock companies OF sepa
! rate communities only is pledged for pay
/ meut, while fJr the debts Of the United
/ States the whole property Of the country Is
! holden to secure tie payment o! both prIL~
( cipal and interest III coin.
I 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 aud and
, the Target capitalist. They can be con.
/ vertcd into money at any moment, aud the
. holder w.ll have the benefit Of the interest.
Il may lie useful t. state IL tli, couucc
ton tn It the total Funded Debt of IL" United
States ou which interest il PAYABLE in gold.
on the 81 Day # March, 1864. w2s $-6o.-
, 9G5 900. The interest on this debt Tor the
coming fiscal year VIII be $45 931.l26,
( while the cuS,DtuS revenue III gold for the
. current fiscal year cu;iiuy June 5uth, 1854,
has becu far at the rate oi Jver 100000,
900 MILL n FER anLUm.
It Will oe seen thai even tAe present En.3
revenues Of the GovcrnlHcut a,e Er-e.y in
excess Of the waits of tie Treasury lgr the
payment Of gold interest, willie tie receut
/ increase of the tariff will Doubtless raise the
auuu;.l receipts from customs ON the same
/ amount Of lmp1rt-tuns, 70 Si9O. JUU,uOO
Per annru.
Insttuctj lls to the National Banks acting
: aS loan agents were not issued from the
+ United States Treasury until March %. but
in the first three weeks Of April the sub
. Srriptipus averaged more than Ten MIL
LIONS \ WEEK.
Sub>crip ptious will be received by lie
Fiist Natinua! Bank Of pnI'ad" pLla Pa.
Second National B mix Of PhI'adeidaia Pa.
( Third National BauL Of Phila ielpli7 Pa.
. AND BY ALL OTHER NATIONAL
BANKS
which are depostnries u PHhhe money,
. aud alt
! NESTECTABLE BANKS & BANKERS
ta,nugh,,,.t the country. Cactiug a, agents Of
. the National DEPOSITORY Banks viii furnish
. f"rther information on application and
/ AFFORD EVERY FACILITY TO SUB
SGHIB1RS.
june D 1854 II