East Saginaw courier. (East Saginaw, Mich.) 1859-18??, 1864-07-27
Call and Examine our Goods,
]. s. 1910 BONDS.

These Bonds are issued under the Act Of Con
gresss Of 9Th, March 1854 which provides that all
Bonds issued under this Act shall be EXEMPT
FROM TAXATION by or under any state
municipal authority. Subscriptions to these Bonds
are received in United States notes Or notes Of
National Banks. They arc TO DE REDEEMED
IN COIN, at the pleasure Of the Government, ut
any period not less than ten or more than forty
years from their daGe aud until their redemption
FIVE PER CENT INTEREST WILL BE
PAID IN COIN, on Bonds Of not over one hun
dred dollars annually, aud on all other Bonds
semi-annually. The interest is payable on tho
first days Of March and September in each year.
Subscribers will receive either Registered or
Coupon Bonds, as they may prefer. Registered
Bonds are recorded ON the books Of the United
States Treasurer, and can be Transferred only
on tho owners order. Coupon Bonds are pay
able to bearer, and are more convenient for com
mercial uses.
Subscribers to this loan will have the option Of
having their Bonds draw interest from March lst
by paying the accrued interest in coin-(or in Z.
s. Notes, or the notes Of National Banks, adding
30 per cent. for pre- nium,) or receive them draw
ing interest from the date Of subscription and de-
post. AS these Bonds are
FErsnpt from Municipal or STATE Taration
their value is increased from one TO three per
cent. per annum, according to the rate of tax lev
les in oifTereat parts of the country.
AT the present rate Of premium on gold they
pay.
Over Eight Per Cent Interest.
in currency, and arc If equal convenience as q
permanent or temporary Investment.
1t Ia believed that no securities offer so great
inducements to lenders as tho various descrip-
tions Of U, S. Bonds. In all other forms Of 1-
dobtcdness, the faith ability of private parties
or stock companies OF separate communities only
is plcgcd for payment, while for the debts of tho
United states tho whole property of the country
is holden to secure the payment of both principal
and interest in coin
These Bonds may DO subscribed for in sum from
and are thus made equally available to the
smallest lender and largest capitalist. They can
be converted into money at any moment, and the
holder will have the benef, Of the interest.
1t may be useful to state in this connection
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, 955 goo. The in
tercst ON this debt for the coming fiscal year will
ho OF ,vb;to ~, Il, ~oII
for the current fiscal year. ending, Jmno 30th
1864, has been 30 far at the rate Of over Sl0o-
100000 por annum.
1t will be seen that even tho present gold rev
enucs of the Government are largely 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 tho same amount Of importa-
tons to 10000, 900 per annum.
Instructions to tho National Banks acting a. .
loan agents were not issued from the Treasury
until March 26, but in the first three weols OF
April the subscriptions averaged more thrn TEN
MILLIONS AwEEE.
Subscriptions will be received by the
First National bank of Ann ArI,or. s3ch
Second National Bank of Detroit, Mich
First National Bank Of Fcntcn, Mich.
AND BY ALL NATIONAL BANKS
which arc depositarics Of Public Money. and all
RESPECTABLE BANKS AND BANKERS
throughout the country, (actng as agents Of the
National Depository DanIs,) win furnish further
information on application and AFF0RDEyERY
FACILITY TO sUBscRI BEERS. i-24s sm