North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-07-20
U. S. z1O-4OT Bonds.

" k19 AA-G " 8 " 81 I% ~
These Bonds are issued under the Act of Congress
of March sthf l864fvhisn provides that ali Bond
Issued under ths' Act shalt be 'ESEaPT sFROM
TAXATION by or under any state or municipal au-
tn 'riy. subseripsiQns4to these Bonds received
in tnftcd States fotcs or notes Amt osal Bank ;
They are TO BE REDEEMED IN COIN, at the
pleasure of the Government. any period moi less
than ten aQr more than forty gears from their date
ami until their roderDbti FIVE PER GENE IN
TEREsT. MILL BE PAID n scoIN, on Bonds of
not over one hundred dollars annually snis0n all
other Bonds mi7annoally y,T he iiteress is Ragabe
on the ftsEaays Of March ana sspteuber siiieaeh
year. TE< axe
Subscribers will receive either Registered or Cou-
pom Bonds, as theynay prefer. Registered Bonds
are recorded on the books of the T. s Treasurer
and canbe transferred only the owners ORDER
Coupon Bonds are payable 70 be ircr and are more
convenient for commercial uses.
Subscribers to this loan wilthaHe the. option of
having their Bonds draw interest from March lst by
payin the accruel3ltcrest ineoin~ (orin q United
States or the notes of National Banks, adding fifty
per cent, from premium,l or receive them drawing
interest from the dcte Of subscrptionani dep9set-
., ,hasonss + .nd ora ~ 4 go 30 ~.
Exempt from Municipal or state Taxation,
their value is increased from to three per cent
per annum, according to the rate oftax levies in
various=parts Of the country,
At the present rate ofpremium gold they pay
Over Eight per G.It Interest
IN currency, and are Of equal convenience as per-
manent temporary investment
1t is believed that no securities offer great in
duccments 10 lenders as the various descriptions Of
L 5 Bonds In all other forms of indebtedness, the
faith ability Of private parties stock compa-
mics or separate communities only is pledge for
paymel-, while for the debt Of the United States
the who property of the country, is holden to Sc
cure the .Yment of both principal and interest in
coin. e.. ..#.- ...s..- .-.s-.r.E .... sa a-..
These Bonds may be subscribed for in sums from
$50 up to any magnitude, on the same terms, and
are thus made equally available the smallest len
der and the largest capitalist They can be convert
ed into money at any moment, and the holder will
have the henet OF the interest. .
1t may be useful to state in this connection that
the total Funded Debt of the United States On
which interest is payable in gold, the Sd day of
March, 1864. was S768, 965, 00O The interest on
this debt for the coming fiscal year Will be Sij 927
l26, while the customs revenue in gold for the
rent fiscal year, ending June 30th, 1854, has been
SO far at the rate of over SlO00OO,00e per annum
1t will be seen that even the present goli rcye-
of the Government are largely in excess Of the
wants of the Treasury for the payment Of gold in
terest while the recent increase of the tariff will
doubtless raise the annual receipts from customs on
the same amount of impartatons, to $50 600. 600
per annum.
Instructions to the National Banks acting as loan
agents not issued from the United State reas
ury until March 26, but in the first TIN ee weeks Of
April the subscriptions averaged more than TEN
MILLIONS A WEEK.
Subscr ptons will be received by the
First National Bank of PHILADELPHIA, Pa.
Second National Bank efPhilade pllia, Pa
The National Bank of philadelphia Pa 1885,.
AND RY ALI NATIONAL BANKS
when are depositaries Of Public money, and all
RESPECTABLE BANKS AND BANKERS a
throughout the country, (acting as arnrts Of tn.
National Depositary inks viii furnish further
information application and . -. ..-'. ...-,
AFFORD EVERY FACILITY TO SUBSCRIBERS
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