Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-05-03
u. S. eONDS.
u. S. 1O-40 BONDS.

These Bonds are issued under the Ac; o. Congress o
March ssh 1854 which provides ,hs; IN lieu Of nuel
Of the loan authorized By the Act Of March ID 1885,
which this suppl msnt.ry the Secretary q the Treas
ury Is authorized to borrow from time to time or
the credit Of the United states, not exceeding TWO
HUNDRED MILLION DOLLARS during the current
heA year, and to prepare and therefor Coupon
and Registered Bonds Of the United States and all Bond.
issued under this Act shall be EXEMPT FROM TAXA
Subscriptions to these Bonds are received in United
States notes notes Of National Banks They are TO
BE REDEEMED IL COIN at the pleasure Of the Gov
eminent at any period not less fsaa ten Aan
forty years from their date and until their redemption
FIVE PER CENT. INTEREST WILL BE PAID IN COIN,
on Bonds Of over one hundred dollars annually and
on all other Bends semi annually
The interest paysbl. on the first days Of March and
September in each year. The snnu. Coupons are
payable at those dates and the annual Coupons on the
$50 and sloo Bonds payable the first Of March
Subscribers VII receive either Registered or Coupon
Bonds as they may prefer Registered Bonds are re-
corded the books of the United States Treasurer and
Bonds payable bearer and more convenient for
commercial uses.
Registered Bonds will be issued Of denominations Of
Fifty Dollars 1850. One Hundred Dollars $500. Five
Hundred Dollars (s5OO) One Thousand Dollars sI oOO
Five Thousand Dollars $4,000, and Ten Thousand Dol
lars slO COOS and Coupon Bonds Of the denomination Of
Fifty Dollars $50, One Hundred Dollars (slOO). Five
Hundred Dollars ts5oO), and One Thousand Dollars
81, OOO.)
Subscribers to this loan will have the option Of having
their Bonds draw from March ls by paying the
accrued interest in coin Tor in Unred States notes. the
notes of National Banks adding ty pr cent for pre-
mum receive them drawing interest from the date Of
subscription and deposit.
As these Bonds exempt from municipal or State
taxation their value is from one to three per
cent per snnum, according the rate Of tax levies in
various parts of the country.
At the present rate Of premium gold they psy over
eight cent interest in currency and equal con
venience as permanent temporary investment
1t believed that securities offer so great induce
mens TO lenders the various descriptions Of C. S.
Bonds In all other forms Of indebtedness the faith or
ability Of private parties stock companies separate
communities only is pledged for payment while for the
debts of the United whole property of the
country is holden to the payment Of both principal
and interest in coin.
These Bonds may be subscribed for in sums from $50
up to any magnitude, the terms and are thus
made equally available to the smallest ender and the
largest capitalist They converted into money at
any moment, and the holder will have the benefit of the
interest
The fact that all duties on imports payable in specie
furnishes fund for like payment interest on all Gov
treasury for this purpose.
Upon the receipt Of subscriptions certificate of deposit
therefore, in duplicate will be issued original of
which will be forwarded by The subscriber to the Secre
tary OF the treasury at Washngton. 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
transmitted to the subscribers respectively.
Subscriptions will be received by the Treasurer ofthe
United Sres. at Washington, and the assistant Treas
urers at New York, Boston and Philadelphia by the
FIRST National Bank Of Indianapolis md, and by all
National Banks which depositares of public money
All respectable and bankers throughout the coun.
try will furnish further information application and
afford every facility to subscribers.
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