The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-07-06
q. s. 1910 BONDS.

These Bonds are issued under the Act
of congress of March 9Th, 1864, which
provides that all Bonds issued under this
Act shall be EXEMPT FROM TAXATION
by or under any staie or municipal author
iiy. Subscriptions 10 ttese Bonds are re
ceived in United States notes or noles Of
National Banks. They are TO BE RE.
DEEMED IN COIN, at the pleasure of the
Government, al any period lot less than
ten-nor more than forty Years from Their
date, and uuiil their redemption Fly +
PER CENT. INTEREST WILL BE- PAID
IN COIN, on Bonds oil not over one hun
Bonds semi.annuslly. The interest is pay
able on The first days Of March and Sep
tember in each year.
Subscribers will receive either Regis-
tered or Coupon Bonds, as they may pre-
fer. Registered Bonds are recorded on the
books OF the u. S. Treasurer, and can be
transferred only Oh the owners order -
Coupon Bonds are payable to bearer, and
are m ore convenient for commercial uses.
Subscribers io;ihis loan VII have the
option of having their Bonds draw inler est
from March LIST, by paying the accrued ia :
terest 10 coin-(or ia Un ted STATES notes,
or the notes of National Banks, addIng.6 fit
ty per cent. for premiuIn,) or receive them
drawing interest from The date OF su bscrip-
lion and deposit. AS these Bonds are
Exempt from, Municipal sor State
Taxation,
their value is increased from one 10 three
per cent. per annum, according 10 the rate
OF tax levies in various parts OF the. .couu-
Try.
Al the present rate of premium on gold
OVER EIGHT PER CENT INTER EST
in currency, aud are of equal convenience
as a permanent. or temporary investment.
Ii is believed that no securities offer so
great inducements 10 lenders as the various
descriptions OF U S. Bonds. In all other
forms of Indebtedness, the faith or ability
OK private parties or stock companies or
separate COMMUNITIES only is pledged for
pay nlent, while for The debls of the United
States the whole properly Of the country
is holden 10 secure the payment OF both
principal aud interest in coin.
These Bonds NAV De subscribed for in
eutuo iOib CoV up " ohJ ho5h'tuOS1 Oh
the same terms, ,and are thus made equally
available 10 the smallest lender and The
largest capitalist. They can be- converted
into money al any 'mdn.ent, and the holder
will have be benefit OF The interest.
II may be useful to state III this connec-
uIon that the Total Funded Debt OF the
United States on which interest is pay ya5le
in gold, on The Sd day OF March, 1864, was
S768 ,965, 700. The interest on this debt
for the coming fiscal year will be 81 1887,
l26, while the customs revenue in gold
for the current fiscal year. ending June
30ih, 1864, has been so far at the rate ol
over si6o, 900 COO per annum.
Ii will be seen that even The present
gold revenues of the Government are large
ly IN excess of The wants OF the treasury
for The pavmen, of gold interest, while the
recent increase of the tariff will doubtless
raise the aunual receipts from customs on
The same amonn: of imporlations, 10 Sl5O,
000 600 per annum.
Instructions 10 The National Banks act
ing as loan agents were not issued irom
the United State Treasury until March 26,
but In the rst three weeks Of April the
subscriptions averaged more than TEN
MILLIONS A WEEK.
Subscriptions will be received by all