Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-05-02

q. S. 1910 BONDS.

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These Bonds are issued under Ae; Of Congress OF
March sih 1854, which provides in lieu mach
Of the loan authorized By the Ac, OF March 3D. 1863 to
which this suppl nsntAry, the Secretary q the Treas
ny Is authorized to borrow from time to time on
the credit Of the United States, not exceeding TWO
HUNDRED MILLION DOLLARS during the current
fsc. year. and prepare and issue thereto, Coupon
and Reg stored Bonis Of the United States and all Bonds
issued under this Act shall be EXEMPT FROM TAXA
TIoN by or under any State or municipal authority
Subscriptions these Bonds received in United
States notes Of National Banks They are TO
BE REDEEMED IN COIN, at the pleasure Of the Gov
enment any period not less tau ten nor more than
forty years from their date and redemption
FIVE PER CENT INTEREST WILL BE PAID IN COIN,
Bonds Of hundred dollars annually and
all other Bends seni-annuaIly.
The interest is payable the first days Of March and
September in each year The sem-annusl Coupons are
$50 and sIoo nds payable the frs, of March.
Subscribers will receive either Registered or Coupon
Bonds they may prefer. Registered Bonds
corded the books Of the United States Treasurer and
be transferred only on the owners order Coupon
Bonds payable to bearer and are more convenient for
commercial uses.
Registered Bonds will be issued of the denominations Of
Fifty Dollars (s5O). One Hundred Dollars (slOO) Five
Hundred Dollars (s5oo) One Thousand Dollars (si Ooo
Five Thousand Dollars $4,000, and Ten thousand Dol
lars OCO Coupon of the denomina,i, rs Of
Hundred Dollars $500, and One Thousand Dollars
g ,OOO.)
Subscribers this loan will have the option of having
their Bonds draw interest fr March 1t by paying the
accrued interest in coin or in Unired States the
notes of National Banks. adding iy cent for pre-
mum) receive them drawing from the date of
subscription and deposit.
As these Bonds exempt from municipal or State
taxation their value increased from three per
per snnum, according the of evies in
various parts of the country.
At the present rate of premium on gold they pay
eight per currency, and equal
a permanent temporary investment.
1t is believed that securities offer great induce
menrs to lenders as the various descriptions Of L. S.
Bonds In all other forms of Indebtedness the faith or
ability Of private parties stock companies separate
communities only pledged for payment while for the
debts of the United the whole property of
country is holden the payment of both principal
and interest in coin.
These Bonds may be subscribed n sums from $50
up to any magnitude. the terms and are thus
made equally available to the smallest lender and the
largest capitalist They can be converted into money at
any moment holder have the benefit of the
interest.
The fact that all duties imports payable in specie
furnishes fund for like payment Of interest on all Gov
Bonds largely in of the wants OF the
treasury for this purpose.
Upon receipt subscriptions certificate deposit
therefore, in duplicate will be issued the original Of
which forwarded by he subscriber the
tary of the Treasury at Washington. with letter stating
the kind Registered coupon) and the denominations of
bonds required.
Upon the receipt Of the original certificates at the
Treasury Department the bonds subscribed for will be
an>mitted to the subscribers respectively.
Subscriptions will be received by the Treasurer oTMe
United States. Washington. and the assistant Treas
New York. Boston and Philadelphia and BY the
First National Bank Of Ladi napos, fad,, and by all
National Banks which depo>itaries of public money
All respectable banks and bankers thror hou the
try will furnish further information app cation and
afford every facility to subscribers.
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