Evening star., 1864-05-11
u. .. 1910 BONDS.

These Bonds are issued under the Act Of Congress
of March sth. 1854. which provides that all Bonds
Issued under this Act oh 81 be EXEMPT FROM
TAXATION BY or under any State or municipal
authority. Subscriptions to these Bonds are re-
ceivsd in United States notes or notes Of National
Banks. They are TO BE REDEEhED IN COIN,
at the pleasure of the Government, at any period
not less than ten tAaS forty from their
date, and until their redemption FIVE PER
CENT. INTEREST WILL BE PAID In COIN.
on Bonds of not over enc hundred dollars annually
and on all other Bonds semi annually. The in
terest is payable on the frst days of March and
September in each year.
Subscribers will receive either Registered or
Coupon Bonds. ss they may prefer. Registered
Bonds are recorded on the Books Of the United
States Treasurer, and can be transferred only on
the owners order. Coupon Bonds are payable to
bearer, and are more convenient for Commercial
uses.
Subscribers to this loan will have the option Of
having their Bonds draw interest from March lst,
by paying the accrued interest in coin|or in Uni
ted States notes, or the notes of National Banks.
adding fifty per cent. for premium,J or receive
them drawing interest from the date of subscrip-
tion and deposit. As these Bonds are
EXEMPT FROM MUNICIPAL OR STATE
TAXATION.
their value Is increased from one to three per
cent. per snnum. 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. INTEREST
in currency, and are of equal convenience as per
manent or temporary investment.
1t is believed that no securities offer 80 great
inducements to lenders as the various descrip-
tions of q. 8. Bonds. In all other forms Of in
debtedness, 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 whoterst perty of the country
is holden to secure sae pnsu mt of both principal
and interest ir coin.
These Bonds may besuhecf bed for in sums from
$50 up to any magnitude, oe the same terms, and
are thus made equally svsi able 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.
It may be useful to state in this connection that
the total Funded Debt of the United States on
which interest il payable in gold, on the Sd day Of
March. 1854, S76S 9S5,Ooo. The interest this
debt for the coming fiscal year will be $500 los
while the customs revenue in gold fer the current
fiscal year, ending June 3oth, 1854, has been far
at the rate of over 500 GOO 900 per annum
1t will be seen that even the present gold reve-
nues of the Government are largely in excess Of
the wants of the Treasury for the payment of gold
interest while the recent increase of the tariff
will doubtless raise the annual receipts from
toms on the same amount of importations,l to
sl5O.od0 600 per annum.
Instructions to the National Banks acting as
loan agents we're not issued until March Is, but
the amount Of Bonds reported sold at the q. s.
Treasury up to May7, was
s44,616.1OO.
Subscriptions will be.received by the Treasurer
ofthe United States at Washington, and the Assist
ant 1,easrers at New York, Boston and Philadel-
phia, and by the
FIRST NATIONAL BANK OF WASHINGTON.
FIRST NATIONAL BANK OF BALTIMORE,
and By all National Banks which are depositaries
of public money, and all respectable banks and
bankers throughout the country (acting as agents
of the National Depositary Banks,) will furnish
further information on application, and afford
every facility to subscribers. my 9-Iw