The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-05-21
U. S. 1910 BONDS.

These Bonds are Issued under the Act of Congress
of March sth 1854 which provides that in lieu Of so
much of the loan authorized by the Act Of March 3D.
1881 to which this is supplementary the Secretary of
the Treasury is authorized TO borrow from time to
time on the credit Of the United States exceed
ing Two HUNDRED MILLION DOLLARS during the
current fiscal year. and to prepare and issue therefor
Coupon and Registered Bonds the United States;
and all Bonds issued under this Act shall be ExKMPr
PROM TAXATION by OF under any State or munich
pal authority. Subscriptions TO these BordsS Ere re-
esived in United States notes of National Banks =
They aero DE REDEEMED IN CON- at the pleas
ure OF the Government. at any period not less than
ten nor more than forty years from their date ard
until their redemption Five PEI CENT INTEREST
WILL BE PAID IN COIN, on Bonds of not over one
hundred dollars annually and on all other bonds Sc
mi-annually.
The Interest Is payable on the fret day of March
and September in each year. The semi annual Cou.
pons are payable at those dates, and the annual
Coupons ON the 50 and 100 dollar bonds are payable
on the first of March.
Subscribers will receive either Registered or Cou.
pom bonds. as they may prefer. Registered Bonds
are recorded on the books of the L. s. Treasurer,
and can be tranferred only at the owners order
Coupon Bonds are payable TO bearer and are more
convenient for commercial use.
Registered Bonds wiz be issued of the denomina-
tons of Fifty Dollars $50. One Hundred Dollars
$500, Five Hundred Dollars t500l One thousand
Dollars 81 ,001 Five Thousand Dollars 0OOl and
Ten Thousand Dollars tsl0, Oo0l; and Coupon Bonds
OF the denominations of Fifty Dollars ts5ol One
Hundred Dollars (slo0l, Five Hundred Dollars
(s5ool. and One Thousand Dollars 81 ,oo0)
Subscribers to this loan will have the option of
having their bonds draw interest from March lst
by paying the accrued Interest in eoinor in United
States notes. or the notes OfNationa Banks adding
fifty per csnt. for PREMIUM receive them draw
ing interest from the date Of subscription and de-
posit.
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 leyies in various parts of the country.
At the present rate fpremum on gold they pay
over eight per cent interest in currency. aud of
equal convenience as a permanent or temporary in
vestment.
II is believed that securities offer great In
ducements 10 lenders the various descriptions Of
U. S. Bonds In all other forms of Indebtedness,
the faith ability of private parties or stock com
panies or separate communities only Is pledged for
payment while for the debtsof the United States the
whole property of the country is holden to secure
the payment or both principal and interest In coin
The Bonds may be subscribed for in sums from
$50 up to any magnitude, on the same terms. and
thus made available TO the smallest lender and
the largest capitalist They can be converted into
money at any moment, and the holder will have the
benefit of the interest.
The fact that all duties on imports are payable In
specie furnishes fund for like payment of interest
on all Government bonds largely in excess of the
wants Of the treasury for this purpose.
Upon receipt of subscriptions certificate OF de-
posit there or in duplicate will be issued the origi
nal OF which will be forwarded by the subscriber
the Secretary of the Treasury, at Washington, with
letter stating the kind registered couponl and
the demon nations of bonds required.
Upon the receipt of the original certificate at the
Treasury Department, the bonds subscribed for viii
be Transmitted to the subscribers respectively.
Subscriptions wi be received by the Treasurer
effae GATED States at Washington. and the Assist
ant Treasures at New York. Boston and Philadel-
pha and by the
First National Bank of Portland, Me-,
First National Bank OF Augusta, Me-,
First Ma ional Bank OF Bangor. Me,
First National Bank of Bath, Ne,
First National Bank of Brunswick, Nc,
and by all Natl nal Banks which depostaries Of
public money All respectable banks and bankers
throughout the country will furnish further inioT
nation ON application, and afford every facility to
subscribers. may20d& w2ws