Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-05-11
u. s. eONDS.
u. S. 1910 BONDS.

These Bonds issued under the Act OF Congress Of
March s,h, 1854 which provides that IN lieu Of much
u the loan authorized by he Act Of March Sd 1888 10
which this s suppl tn. Secretary Il the Treas
ury is suthoriEed 10 borrow from time TO time on
the credit Of the United States. net exceeding TWO
HUNDRED MILLION DUILARs during Ii. earr.nt
hcAl year. and prepare and issue therefor Coupon
and r. gsered BOnas 9th. United States and all Bond.
ISSUED under this Act shall BE- EXEMPT PROM TAXA
TON By under any State or municipal sutbsrity
subscriptions these Bonds se received IN Unit-d
states notes Of Nation Banks. They are TO
BE REDEEMED IN COIN. at the pleasure Of the Gov
eminent. at any period lees faaz Ten more tam
forty years from their date, and until their redemption
FIVE PER CENT INTEREST WILL BE PAID IN coTS.
on Bonds Of not hundred dosrs annually and
on all other Bonds semi-snnually.
The interes, is payable the frs, days Of March and
September in each year. The -annu. Coupons
payable at those dates aDd the annual Coupons on the
$50 and sl"O Binds able the first Of March
Subscribers VIII receive either Registered or Coupon
Bonds they may prefer. Registered Bonds are re-
corded The books Of the United States Treasurer and
be transferred only on the owners order Coupon
Bonds payable bearer and are more Tor
commercial uses
Registered Bonds will be issued Of the determinations OF
Fifty Dollars ESQ., One Hundred Dollars $500. Five
Hundred Dollars (sSOO) One Thousand Dollars q ,Ooo)
Five Thousand Dollars rs OOO aud Ten Tho1ssnd DOL
lars (soCOo and Coupon Of the denouinan Ms OF
Hundred Dollars Is5OO), and One Thousand Dollars
Is ,OOO.)
Subscribers to this loan will have the option Of having
their Bonds draw interest FIR m March ls by paying the
accrued interest in coin Tor in Unred states nOte or the
notes of National Banks adding ty cent for pre-
mium receive them drawing interest from the date Of
subscription and deposit.
As these Bonds are exempt from municipal or state
taxation, their value is from one to three per
cent per annum according 10 the rate of tax evies in
various parts OF the county.
At the present rate Of premium gold they pay over
eight cent interest currency of equal con
venienoe as permanent temporary investment
is believed that securities offer great induce
menls 70 lenders the various descriptions of L. S.
Bonds. Ia all other forms Of Indebtedness the faith or
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 Of the
country holden payment Of both principal
and interest in coin
These Bonds may subscribed for in sums from $50
up TO any magnitude on the same terms, and are thus
made equally available the smallest ender the
largest capast They can be converted into money at
any and holder have the benefit of the
interest.
The fact that all duties imports payable specie
furnishes fund for like payment Of interest on all Gov
eminent Bonds largely in Of the wants Of the
treasury for this purpose.
Upon the receipt Of subscriptions certificate Of deposit
therefore, in duplicate will be issued the original Of
which will be forwarded by he subscriber to the secre-
tary of the Treasury Washington with letter stating
the kind Registered coupon and the denominations Of
bonds required.
Upon the receipt Of the original certificates At the
Treasury Department the bonds subscribed for will be
transmitted to the subscribers respectively.
Subscriptions will be received by the Treasurer Of1Ae
Laited Nafes Washington and Assistant Treas
ureTs at New York. Boston and Philadelphia and by the
First National Bank Of Ladi .Rapolis nd, and by all
National Banks which depositares of public money
All respectable banks and bankers throughout the coun
try will furnish further information application and
afford every facility subscribers.