Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1864-06-24
us. .1O-4OBONDs.

These Bonds are issued under Act Of Congress of
March sth 1861 which provides that all Bonds issued
under this act shall be EXEMPT FROM TAXATION, by
under any State municipal authority. subscrP-
Bonds received in United States notes
or notes of National Banks. They TO BE REDEEM
ED IN COIN, at the pleasure Of the Government at any
period not less than than forty from
their date, and until tber redemption FIVE PER CENT
INTEREST WILL BE PAID IN COIN, on Bonds of not
over one hundred dollars annually and all other Bonds
semi-snnusly The interest payable the first days
Of March and September in each year.
Subscribers will receive either Registered OF Coupon
Bonds. as they may prefer. Registered Bonds are
corded on the Books the u s. Treasurer aud can be
transferred only on the owners order. Coupon Bonds
are payable bearer and are more cOnyenent for com
mercial uses.
Subscribers to this loan will have the option OF having
their Bonds draw interest March Ist by paying the
accrued interest coin(or United States notes.
the notes of National Banks adding fifty per cent for
premiu receiving them drawing interest from the
date ofsubscrption and deposit. As these Bonds
Exempt from Municipal or State Taxation,
value increased from three per cent per
snnum, according the rate tax levies in various
parts of the country.
At the present rate of premium gold they pay
Over Eight per cent Interest,
in currency, and Ofequa convenience permanent
or temporary Investment.
is believed that securities offer SO great induce
nents to lenders as various descriptions of United
States Bonds In all other forms of Indebtedness the
faith ability of private parties or stock companies
separate communities only is pledged for payment,
men while for the debts Ofthe United States the whole
property of the country is holden the payment
OF both principal and interest in coin.
These Bonds may be subscribed for in sums from $50
up to any magnitude the terms, and are thus
made equally available to the smallest lender and the
largest capitalist They be converted into money at
any moment and the holder will have the benefit of the
interest
Itmay be useful to state in this connection that the
tai funded debt ofhe United States on which interest is
payable gOld the Sd day of March, 1864 $685.
lutofest on oeDt lOr the coming nSCal
year will be s45ss7l96 while the customs revenue in
gold the currant fiscal year. ending June 3Oth 1854
has been so far at the 900 per annum
twill be that the present gold revenues of
the Government largely of the of the
Treasury for the payment of gold interest," while the
cent increase the tariff will doubtless raise the annual
receipts from customs the Of importa-
tions to S15O, 600 per
instructions to the National Banks acting as loan
agents issued from the United States Treasury
until March &C. but in the first three weeks of April the
subscriptions averaged more than TEN MILLIONS A
WEEK. Subscriptions will be received by the
FIRST NATIONAL BANK,
OF FREMONT,
AND BY ALL NATIONAL BANKS,
which are depositaries of Public Money, and all
RESPECTABLE BANKS AND BANKERS,
throughout the country actng agents ofthe National
Depository Bsnks will furnish further information
application and AFFORD EVERY FACILITY TO SUB
SCRTRERS inelQro2