North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-08-17
U. S. 1910 Bonds.

These Gonds issued under the Act Of Congress
of March 6;h 1864, which provides that all Bond
issued under this Act shall be EXEMPT FROM
TAXATION by or under any state or municipal au-
tn rity. Subscriptions to these Bonds are received
in United States notes or notes of National Banks
They are TO BE REDEEMED IN com. at the
pleasure Of the Government a; any period not less
than ten nor more than forty gears from their date
AMI until their redemption FIVE PER CENT IN
TEREST WILL BE PAID IN COIN, on Bonds of
| not over one hundred dollars annually and on all
other Bonds sem-annuaIIy. The interest is payable
on the first days of March and September in each
| year.
Subscribers will receive either Registered or Cou-
pom Bonds, as they may prefer. Registered Bonds
are orled on the books of the U. S. 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
|
States or the notes of National Banks, adding fifty
per cent, from premum,) or receive them drawing
interest from the 4; tie of subscription and deposet-
rs theses nd are
Exempt from Municipal or State Taxation,
their value is increased from to three per cent
per annum, 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, AMI arc of equal convenience as per-
manent temporary investment.
1t is believe that securities offer so great in
ducements lenders as the various descriptions of
Us Bonds. In all other forms Of indebtedness, the
faith r ability of private parties or stock pa
nies separate communities only is pledge for
payment, while for the debt of the United Stats
The VIC property of the country, is holden to Sc
~ure the .rnent of both principal and interest in
coil.
These Bonls may be subscribed for in sums from
$50 up to any magnitude, on the same terms, ana
IRE thus ,de eqrly available to the smallest len
Ter and the largest capitalist They be convert
ed into money at m,nont, anl the hoIler vii
! nave the tenet OF the Interest.
1t may be uselu. to state in this connection that
the total Funded Debt cr the United States on
which interest is payable in so.l, the 81 day Of
March 1861, was s765, 065, COO The in crest on
this iea tor the coming fiscal year viii be si5927
l26 while the customs revenue in goI3 for the
rent fiscal year, en- ling June 30th, 1854, has been
20 far At the rate of over sI00O000O0 per annun
1t will be seen that even the present gold reye-
nue. of the Government largely in excess of the
wants of the Treasury for the payment Of gold in
teres' while the recent increase of the tecE viii
doubtless raise the annual receipts from customs on
the same amount of impartations, 70 $50 O0J, coo
per anLum.
Ins sruttons to the National Banks acting as loan
gents were rot issued from the United State
arY until March 26, but in the first tim ee weeks Of
| April the subscriptions averaged more than TEN
| MILLIONS A WEEK
Subscriptions will he received by the
First National Bank Of Philadelphia, Pa.
Second National Bank ef Philadelphia, Pa.
The National Bank of Phriadeiphia Pa
ASDBS ALL NATIONAL BANKS
when dcposirares of Public money. aud all
RESPECTABLE BANKS AND BANKERS
throughout the country, (actng agents of the
| National Depo-itary INKS will furnish further
information on application and
AFFORD EVERY FACILITY TO SUBSCRIBERS