Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1864-07-06
u. s. 1910 BONDS !.


These Bonds are issued under the Act Of Con.
gfess OF March Sth, ls641 which provides that all
Bonds issued under this act shall be exempt from
taxation by or under any state or municipal au.
thority. Subscriptions to these bonds are re.
ceived in United States notes or notes of Nation.
al Banks They are TO BE REDEEMED IN COIN.
at the pleasure of the government, at any period
not less IMAM ten nor more than forty years from
their date and until their redemption five per
cent interest will be PAID IN com, on bonds of
not over one hundred dollars annually, and on
all other bonds semi-annualy. The interest is
payable on the first days of March and .Septem.
Der In each year.
Subscribers win receive either Registered or
Coupon Bonds. as they may prefer. Registered
Bonds are recorded on the books of the U. s.
Treasurer, and can be transferred only on the own.
er's order. Coupon bonds are payable to bearer
and are more convenient for commercial uses.
Subscribers to this loan will have the option
of having their bonds draw interest from March
LIST, by paying the accrued interest in coin--(or
In United Safes notes, or the notes of Naton nal
Banks adding fifty per cent for premium, or re-.
ceive them drawing interest from the date of sub.
scription and deposit. As the Bonds are
Exempt from Municipal or State 7aru-
'..# ~.. ton, as sa
their value is increased from one to three per
cent. per annum, according to the rate of tax
levies in various parts of the country.
r At the present rate of premium on gold they
: pay OVER EIGHT PER CENT INTEREST in
currency, and are of equal convenience as per.
manent or temporary investment.
1t Is believed that no securities offer so great
inducements to lenders as the various descrip.
tons of U. S. Bonds In all other forms Of in
debtedness the faith or ability of private parties
: or stock companies or separate communities only
is pleged for payment, while for the debts of the
, United States the whole property of the country
! Is holden to secure the payment Of both princi
pal and interest in coin. t
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 small
= est lender and the largest capitalist. They car
/ be converted into money at any moment, and til,
It holder will have the benefit of interest S
u u 1T may be useful to state in this connectio.
that the total Funded Debt Of the United State
;. on which interest is payable in gold on the 8,
day of March 1864, was S76s $4,000. The in
terest on this debt for the coming fiscal year viii
: be Si5, 93', 1925, while the customs revenue II
gold for tho current fiscal year, ending June sot
has been so far at the rpte OF over 500, 600, 90
per annum. f -.. ....
1t will be seen that even the present gold rev
enues of the Government are largely In excess o
the wants of the treasurer for the payment 0
gold interest, while the recent Increase of tn
tariff will doubtless raise the annual receipts fror
customs on the same amount of importations t
$3.50, 000, 00U per annum. .g
Instructions to the National Banks acting q
loan agents were not issued from the Unite
: States Treasury until March 26th, but in the frs
three weeks of April the subscriptions average
"a more than ten millions week. 't. 10
Subscriptions will be received by all
NATIONAL BANKS =
which are depositarics of public money, and a
respectable banks and bankers throughout tn
country, (acting as agents of the National d.
positary Banks) will furnish further nformatio
on application and AFFORD EVERY FACILITY T
euRyCRIpERa i 0hm2