Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-06-11
u. S. 1910 BONDS.

These Bonds Issued under the Act Of Congress
March Sth 1864, which provides thai all Bonds issued
under this Act shall be Exempt from Taxation by un-
der any state or municipal authority Subscriptions to
these Bonds are received In United States notes
notes of National Banks: They are to DO Redeemed
in Coin. at the pleasure of the Government, at any pc
Rod not less than ten than forty years from
their date and until their rce mption ve per cent liz
terest will be paid in coin Bonds of not over one
hundred dollars annually and on all other Bonds semi
annually The interest is payable TIE FIRST days Of
March and September in each year.
Subscribers will receive either Registered Coupon
Bonds they may prefer. Registered Bonds are re-
corded on the books of the T. s. Treasurer and be
transferred only the owners order. Coupon Bonds
are payable bearer and convenient for CON-
mercial uses.
Subscribers to this loan will have the option Of hav
ing their Bonds draw interest from March 1st by pay
ing the accrued interest in coinor in United States
notes. or the notes of National Banks adding fifty per
cent. for premium) receive them drawing interest
from the date Of subscription and depsit. As these
Bonds are
EXEMPT FROM MUNICIPAL OR STATE TAXATION,
their value is increased from one to three per cent per
snnun according to the OF tax leves in various
parts of tho country.
At the present rate of premium on gold they pay
OVER EIGHT PER CENT. INTEREST
in currency, and are of equal convenience as perma
nent or temporary investment.
1t is believed that no securities offer great induce
mtnts to lenders the various descriptions ef u s.
Bonds In all other forms of indebsdness the faith
ability of private parties stock companies separate
communities only is pledged for payment, while for the
debts of the United States the whole property of the
country is holden to the payment Of both prin
cipal and interest in coin.
These Bends may he subscribed for in sums from $50
up to any magnitude the same terms and thus
made eqnay available to the smallest lender and the
largest capitalist They be converted into money
asany moment, and the holder will have the benefit Of
the interest.
II may be useful to state in this connection that the
est payable in god on the Sd day of March, 1884,
sT6s 5000 The interest this debt for the coming
fiscal year win be SIS s37 l26, while the customs
in gold for the current fiscal yea- ending June S0th,
1864 has been far at the rate Of S1000OO0OO
1t will be that the present gold OF
the Government largely in excess of the wants Of
the Treasury fer the payment of gold interest, while
the increase of the tariff viii doubtless raise the
annual receipts from customs the same amount Of
impertatons, to $50, cOO,OUO per annum.
Instructions 10 he National Banks acting as loan
age nts we're issued from the United States Treasury
unit March &c, but in the first three weeks of April
The subscriptions averaged more than Ten Millions a
Week.
descriptions will be re ,eivcd by the
First National Bank OF GAINESVILLE.
First National Bank of Milwaukee, Wis.
First National Bank of Madison, Wis.
And by all National Banks which depOsiiSries Of
Public money, and all Respectable Banks and Bankers
throughout the country, (acting agents Of the Ma
tional Depository Banks will furnish further informa
ton application and afford every facility to sabser
bers Ping