Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1864-05-06
u. S. lO-4O Bonds.


These Bonds issued under the Act Of Congress o.
March stb 1854 which provides that in lieu Il so much
" the loan authorized by the Act Of March 3d. 1853, to
vhh hi, is supplementary tho Secretary Of the Treas
ury is authorized to borrow from time to time. on the
credit Of the United States. exceeding rwO HUN
DRRD MILLION DOLLARS during the current fiscal
year and to prepare and issue therefore Coupon and
Registered Bonds Of the United States and all Bonds
issued under this Act shall be EXEMPT FROM TAN
ALTON by under any Safe municipal authority.
ptous l., these Bond, reecr,d in uu,ed
-t,tes notes or nos NAuonsl Banks. Th,y Ne 10
BE REDEEMED II COIN, At the pleasure Il the @ v
eminent, at any period not les than ten than
forty years from their date and until their redemption
FIVE PER CENT. INTEREST WILL BIZ PAID IN
COIN, on Bonds Of not over one hundred ,lius
ally and on all other Bonds semi annually.
The interest is psysbe the first days Of March and
September in each year The semi annual Coupons
payable at those dates, and the annual Coupons the
81 and 100 d,m Bonds payable the FIRST day Of
March.
Subscribers will receive either Registered Coupon
Bonds, as they may prefer. Registered Bonds are re-
corded on the books Of the s. Treasurer, aud be
transferred only on the owners order Coupon Bonds
are payable to bearer and convenient for
mercAl uses.
Registered Bonds will be issued Of the denominations
Of Fifty Dollars 1850, One Hundred Dollars $500,
Five Hundred Dollars 5000 One Thousand Dollars
(sI OOO), Five Thousand Dollars ts50ooj, aud Ten
thousand DolNs tslo oco), and Coupon Bonds Of the
denominations Of Fihy Dollars $3.50, One Hundred
Dollars $500, Five Hundred Dollars $500, and One
Thousand Dollars (sl,o)Ol.
Subscriber, to this loan viii have the option Of having
their Bonds draw interest from March st by paying the
accrued interes, in coin(or in United States notes.
the notes OF National Banks, adding 90 per cent 70 pre-
MUM receive them drawing in,ere, from the istO Of
subscription and deposit
As these Bonds are exempt from municipal or State
ta1aton their value is increased from one three per
per annum, according to the rate Of tar eyes ia
various parts Of the count ,.
Al the present rate Of premium on gold they pay
eight per cent interest in currency, and OF equal
convenience as permanent or temporary Investment
Il lie believed thu securities offer great induce
mens to lender, as tn. various description Of U $.
Bonds In all other forms Of Indebtedness the faith OF
Aby Of private parties stock eompane. separate
communities only pledged for payment. while for III,
debts Of the United the whole property Of tho
country is holden the payment OF both principal
and interest in coin
These Bonds may be subscribed for in from go
up to any magnitude 90 the same terms, thu,
made available to the smallest euder and the larg, 81
moment and the holder will have the benefit Of 10
tsresL
The fact that all duties imports payable in specie
furnishes fund like payment Of interest on all Gov
srumeut Bonds largely III Of the wants Of ,h'
treasury for this purpose.
Upon the receipt Of subscriptions certificate Of de
pos therefor in duplicate, will be issued, the origna
D, which viii be forwarded by the subscriber the Sec
rotary Of the Treasury Washington with letter stat
ing the kind registered eoupon) and the denomns
tons OF bonds required.
Upon the receipt Of the original certificates at thu
Treasury Department the bonds subscribed for will b
transmitted to the subscribers respectively.
Subscriptions will be received by the Tre1,urer Of IN
United States at ashngton. and the A,astant Treas
wsr, at New York. Boston, and Philadeiphis. and b.
the first National Bank Of Bennington, Va first Ma
onal Bank Of North Bennington, Vt and by all Nation
Al Banks which depositares Of public money. Al
respectable banks and bankers throughout the ooun
will furnish information application, and afford ever
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