Litchfield enquirer., 1864-05-12
us. l0-4O BONDS.

THESE Bonds are issued under the Act Of Congress of March 9th, 1864, which provides that ali Bonds issued under this Act shall be EXEMPT FROM TAXATION by or nuder any state or municipal authority. Subscriptions to these Bonds ale received in United States Notes or Notes of National Banks. They are TO BE REDEEMED IN COIN, at the pleas ure of the Government, at any period not less than ten more Man fo'ty years from their date, and until their redemption, FIVE PER CENT. INTEREST WILL BE PAID IN COIN, efi Bonds of not over one hundred dollars annually, and on all other Bonds scm-annually The inter est is payable on the first days of March and September in each year.
 Subscribers will receive either Registered or Coupon Bonds, as they may prefer. Regis tered Bonds are recorded on the Pooks of the U. S. Treasurer, and can be transferred only on the owner order. Coupon Bonds are pay able to bearer, and are more convenient for commercial uses.
 Subscribers to this loan will have the op- tion of having their Bonds draw interest from March lst, by paying the accrued interest in coin -(or in United States notes, or the notes of National Banks, adding fifty per cent for premium. or receive them drawing interest from the date of subscription and deposit. AS these Bonds are
 EXEMPT FROM MUNICIPAL OR STATE TAXATION. their value is increased from one to three per cent, per annum, according to the rate of tax lcvies in various parts of the country.
 At the present rate of premium on gold. they pay
 OVER EIGHT PER CENT IN rEREST in currency, and are of equal convenience as q permanent or temporary investment.
 It is believed that no securities offer great T ,l tions of u. 5. Bonds Ill all forms of indebt el less. the faith or ability of private parties or stock companies or separate communities only is pledged for payment, while for the debts of the United States, the whole proper ty Q! the country is holden to secure the pay .ment of both principal and il terest in coin.
 These Bonds may be su absorbed for :n sums from $50 up to any magnitude, on the same terms, and arc thus made equally available to the smallest londer and the largest capitalist. They can be converted into money at any mo- ment, and tho holder will have the benefit of the Interest.
 t 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 'd day of March, 1S64, was s769 ,965, ,000. The interest on this debt for the coming fiscal year will be S45. .937 l2G, while the customs reve- nue in gold for the current fiscal year, ending June @Oth, 1864. has been so far at the rate of over sl00 O0O, GOO per annum.
 It will be seen that even tho present gold revenues of the Government are largely in ex- cess of the wants of the Treasury for the pay ment of gold interest, while the recent in crease of the tariff, will doubtless raise the annual receipts from customs on the same amount of importatlons, to $50, Q,000,900 per 
 Instructions to the National Banks acting as loan agents were not issued from the United States Treasury until March 26, but in the first three weeks of April .ho subscriptions averaged more than TEN MILLIONS A WEEK.
 Subscriptions mi9l be received by the
 First National Bank of Providence, R. I.
 First National Bank of Bridgeport. Conn.
 First National Bank of Hartford, Conn.
 First National Bank of New Haven, Conn.
 First National Bank of Norwich, Conn.
 First National Bank of Stamford, Conn.
 First National Bank of New York City,
 AND BY ALL NATIONAL BANKS which are Repositories of public money, and ali
 REspEcrABLE BANKS AND BANKERS throughout the county, (acting as agents of the National Depository Banks,) will furnish further information on application and AFFORD EVERY FACILITY TO sUBscRIBERs. 3m3