Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1864-07-08
u. s. 1910 BONDS.

ETEsE Bonds ssued under the Act of Congress of
March lS6 which provides that all Bonds issued
under this Aet shall be EXEMPT FROM TAXATION by
or ndor any state or municipal authority Subscriptions
TO these Bonds received United States notes Of
tiona Banks. They are TO BE REDEEMED IN COIN,
the pleasure Of the Government any period ot
than than forty gears from their date and I'M
til their exemption Five Per Gent. Interest will be
Paid in Coin, Bonds of not over one hundred dol
lars annually The interest payable the first days
March and September in each year.
Subscribers viii receive either Registered or Coupon
Bonds, they may prefer. Registered Bonds are re-
corded the Books ofthe [. s. Treasurer and he
transferred only on the owners order Coupon Bonds
payable order and are more convenient for com
mereial uses.
Subscribers this loan win have the option of having
their Bonds draw interest from March st by paying the
accrued interest in eon in United States notes. or
the notes Of National Banks. adding fifty per cent for pro-
mium 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 three per per
num- according the rate of tax leyies in various parts
the country.
At the present rate of premium gold they pay
OVER EIGHT PER CENT. INTEREST
in currency, equal convenience as permanent
and temporary investment
1t is believed that securities offer so great induce
ments to lenders the various descriptions Of u S.
Bonds In all other forms of Indebtedness the faith and
ability of private parties stock companies or separate
communities only pledged for payment while for the
debts of the United States the whole property the eoun
try is holden to the payment of both principle and
interest in coin.
These Bonds may be subscribed for in sums from $40
up to any magnitude, the same TERMS and are thus
made equally available the smallest lender and the
largest capitalist They be converted into money at
moment and the holder Will have the benefit of the
interest.
1t may beusenl TO in this connection tht the to-
tai Funded debt the United States on which interest is
payable in gold the Sd day ofMarch 1864 $685.
$4,000 The interest this debt for the coming fiscal
year will be $459371 126, while theeusoms revenue in gold
Tor the current fiscal year ending June 30h been
50 far at the rate ofover slOO,O0OOo0 per annum.
twill be that even the present gold revenues of the
doyernment are largely in Of the wants Of the
Treasury for the payment Of gold interest," while the re-
cent increase of the tariff viii doubtless raise tho annual
receipts from customs the amount of importa
tions, to $3.50, ,OOO, 900 per annum.
Instructions to the National Banks acting agents
not issued from the United States Treasury until
March 26 but in the FIRST three Beeks Of April the sub
serptions averaged moro than Ten Millions Week
Subscriptions viii be received by
All National banks
which arc depositaries or Public money and a1t
RESPECTABLE BANKS AND BANKERS
throughout the country aetng agents Of the National
Depository Baaks VIII fernish further information On
application and
AFFoRD EVERY FACILITY. TO SUBSCRIBERS