Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1864-07-22
Z. S. 1910 BONDS.

THESE Bonds ucd under the Act Of Congress Of
March sh 1864 eh provides that all Bonds issued
under this Act shall be EXEMPT FROM TAXATION by
under any state uncipal authority Subscriptions
to these Bonds lived in United States notes Of
tiona Banks. They IRE TO BE REDEEMED IN COIN,
at the pleasure of the Goveramen at any period
than tn forty years from their date aud un
til their edemption i've Per Cent. Interest will
Paid in Coin, Bonds Of not hundred dol
lars annually Tbs interest payable the first days
March and Septembe in each year.
Subscribers viii ceive either Registered or Coupon
Bonds, as they may prefer. Registered Bonds re-
corded on the Books fthe T. S. Treasurer and be
transferred only the owners order Coupon Bonds
are payable to order azdaro convenient for
mercial uses.
Subscribers to eiisoan wiz have the option Of having
their Bonds draw interest from March by paying the
accrued interest coh-(or in United States notes, or
the notes Of Naic nal Banks, adding fifty per pre-
MUM, receive, them drawing interest from the date
subscription an deposit. As these Bonds are
Exempt from Municipal or State Taxation,
their value is creased from to three per cent per
num- according the rate of tax eyes in various parts
the country
At the present rate Of premium gold they pay
OVER EIGHT PER CENT. INTEREST
in currency and Of equal convenience a permanent
and temporary investment
1t is believed that securities offer so great nduee
ments to lenders the various descriptions of T. s.
Bonds In all other forms Of Indebtedness the faith and
ability private parties stock companies separate
communities only is pledged for payment while for the
debts Of the United States the whole property the
try is holden to the payment Of both principle
interest in coin.
Thefe Bonds Eay he subscribed for in sums from 500
up 70 any magnitude, the same terms and are thus
made equally available the smallest lender and the
arget capitalist They be converted into money at
any moment and the holder viii have the benefit Of the
interest.
1t may beuseful to state in this connection that the TO-
al Funded debt the United States on which interest
payable in gold on the Sd day March, 1854 was S76s
975,Ooc The interest this debt for the coming fiscal
year win he l96, while hecustoms revenue ineod
Or the current fiscal year ending une sOth 1864 has been
far at the rate ofover $loO. 100000 per anuura
viii be that even the present gold revenues of the
G. oYerhment are drgcly in Of the wants Of the
Treasury for the payment of gold interest while the re-
ee 1t increase Of the tariff viii doubtless the annual
rec epts from customs the amount Of nporta-
tiols. TO $3.50, O00 coo per annum
Lns trueons to the National Banks acting agents
7ot issued FROM the United States Treasury until
March &c, but IN the first three weeks Of April the sub
scrip tJns averaged more than Ten Millions a Week
Subs criptions viii lie received by
All n NationaI banks
which are deposaries Of Public money. and all
SPECTACLE BANKS AND BANKERS
through ut the country acting agents the National
Depositor Banks viii furnish further information on
application and
AFFORD EVERY FACILITY TO SUBSCRIBERS.
May 10, lS64-4m.