American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-08-10
TT. s., 1910 Bonds.

These Bonds are issued undes The Act Of Congress Of
March sth 1854 which provides that all Bonds sued
der this Act shall be EXEMPT FROM TAXATION by or
under any municipal authority Subscriptions
to these Bonds are received IN United States notes
notes of National Banks. They TO DE REDEEMED
IN COIN at the pleasure Of the Government of any pc
riod not ess than ten than forty years from their
date, and until their redemption FIVE PER CENT. IN
! TERRsr WILL BE PAID IN COIN, on Bonds of not
| over one hundred dollars annually and on other Bonds
somNnnuay. The Interest Is payable the first days
Of March and September In coch yer
Subscribers will receive either Registered Coupon
Bonds as they may prefer Registered Bonds record
ed On the books of the o. g Treasurer and be
ferred only the owners order. Coupon Bonds are
payable to bearer and convenient for
cial uses.
Subscribers this loan will have the option OF having
their Bonds draw interest from March 1st by paying tho
accrued interest in conor in United States notes
the Of National Banks adding ffiy per cent for
premium) receive them drawing interest from the
date of subscription and deposit. As these Bouds
Exempt from Mlnicipal STATE Tdratfon,
their value IS ncFeeu from one 10 tet percent per an
num- according to the ratio of loves various parts
the country.
At the present rate Of premium gold they psy
Over Eight Per Cent Interest
in currency, and are of equal convenience as perna-
nent temporary Investment.
1t believed that no securities offer so great induce
ments to lenders the various descriptions Oft s. Bonds
In all other Of Indebtedness the faith ability of
private parties stock companies separate communi
ties only pledged for payment while for the debts Of
the United States the whole property Of tho country is
holden to the payment of both principal and In
terest in coin:
These Bonds may DO subssibed for in sums from $50
p to any magnitude, the terms, and thus
made equally available to the smallest lender and the
largest capitalist They be converted into money at
any moment and the holder will have the benefit Of the
interest.
IT may bo useful TO state in this connection that the
total Funded Debt of the United States which inter
is payable in gold the Sd day Of March, 1894 was
s76s, 900 The interest on this debt for the coming
fcnl year will be s5 9S7 2G while the customs
in gold for the fiscal year. ending June 30th s6I
has been SO far at rate Of s1OOOOOoOO per
1t will be seen that the present gold of
the Government largely in excess Of the wants Of tho
Treasurer for the payment Of gold interest while the
cont Increase Of the tariff will doubtless raise the annual
receipts from customs on the same amount Of mporta-
tions, to $50 100000 per annum.
Instructions to the National Banks acting agents
were not issued from the United State Treasury until
March 90 but in tho first three weeks Of April the sub
scrlptions averaged moro than TEN MILLIONS WEEK.
Subscriptions win berecelved by the
First National Bank of Philadelphia Pa.
Second National Bank Of Philadelphia, Ia.
Third National Bank Of Philadelphia, Pa.
And by all National Banks
which are depositarios of Public money md all
RESPECTABLE BANKS AND BANKERS
throughout the country acng agents Of the Nation
al Deposary Banks) will furnish further information on
application and
AFFORD EVERY FACILITY TO SUBSCRIBERS.