Evening star., 1864-04-30
70. 8. 1910 BONDS.

These Bonds are issued under the Act of Congress
of March sth. 1854, which provides that all Bonds
issued under this Act shall be EXEMPT FROM
TAXATION by or under any State Or municipal
authority Subscriptions to these Bonds are re-
ceiyed in United States notes or notes Of Nationa
Banks They are 70 BE REDEEhED IN COIN
at the pleasure Of the Government, at any period
not less than ten nor morsthaa forty years from their
date and until their redemption FIVE PEN
CENT. INTEREST WILL BE PAID IN COIN,
on Bonds of not over sne hundred dollars annusliy
and on all other Bonds semi annually. The in
terest is payable on the frst days Of March ana
September in each year. szs.szss.s-s sz-.7
Registered Bonds are recorded on the Books OF
the United States Treasurer, and can be trans
ferred only on the owners order. Coupon Bonds
are payable to bearer, and are more convenient
for Commercial uses. '.+ Ia 1s'->
Subscribers to this loan will have the option of
having their Bonds draw interest from March lst,
by paving the accrued interest in coin-{or in Uni
ted States notes, or the notes Of National Banks,
adding fifty per cent. for premium,) or receive
them drawing interest from the date of subscrip-
tion and deposit. 81 ga--. q .r. ...
AS these Bonds are exempt from municipal or
to three per cent per annum, according to the
rate of tax levies in various parts OF the country
At the present rate Of premium on gold they pay
over eight per cent interesti in currency, and are
of equal convenience as q permanent or temporary
investment.
1t is believed that no securities offer so great
inducements to lenders as the various descrir
tions of U. &. Bonds. In all other forms Of IL
dehtsdness the faith or ability OF private parties
or stock companies or separate communities only
is pledged for payment, while for the debts of the
United States the whole property Of the country
is holden to secure the payment of both principal
and interest in coin. a.. r.-
These Bonds may be subscribed for in sums from
$50 up to any magnitude, on the same terms, and
are thus made equally 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 in
terest on all Government Bonds largely in excess
| of the wants of the treasury for this purpose.
Instructions to the National Banks acting as
lean agents were not issued from the United States
| Treasury until March 26, but in the first three
| weeks of April the subscriptions have averaged
more than
TEN MILLIONS A WEEK.
| Subscriptions will be received by the Treasure
Of the United States at Washington, and the Assist
ant TT easutrs at New York, Boston, and Phliaael'
| phi ,an by the
FIRST NATIONAL BANK OF WASHINGTON
FIRST NATIONAL BANK OF BALTIMORE
FIRST NATIONAL BANK OF PHILADELPHIA
and by all National Banks which are depostaries
of public money All respectable banks and bank
ers throughout the country will furnish further
information on application, and afford every ia
| cility to subscribers. Ef.-.E p2o-lw