The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1864-07-01
limited STATES
O-4 30 n d

Thee Bond1 ere Issued under the Act a C0geD Of
March eth 1894 which provide thst all Bond. ineA
der ,h;. ac, shsI he EXEMPT FROM TAXATION ny o.
unier sny .ste or municipal authority Subscriptions
tb. Bpa. are revaved IN United States noes notss Of
National Bank. They sre no BE RRIEE1KD N
CON- At the pleasure Of the Government at any PEod
10. ss .Aan ten mr. more ,Aan y ydrs nom then Date
and until the,s redemption FIVE PER CENT NTERKsf
WILL BE PAID IN COIN on Bonts Of moi ova oue hun
dred dollar, annually sna all other Bonds serni-srr-
ally The in;er-t payable the hrst day, Of March
and September In each year.
Subscribers Will receive either Registered q Coupon
Bonds as they may prefer Registered Bonds 'arc recor-
ded on the book. the L $ Treasurer, and can be trans
ferred only on the owners order. Coupon Bond. as
p.ys,ie 10 bearer and are more convenient for omme1
eiai use.
Subscribers thu. loan will have the option Of having
their Bonds draw nter. from March l,,- 10y paying the
accrued inrre; IL coin in United State. aces or The
note, of Na;iDri Bank. sdins fifty per cant for sui-
I'M receive them drawing inte..t from the dale of
subscription and dep1i,. As these Bonds are
EXEMPT FROM MUNICIPAL Oh STATE
TAXATION.
their v.se nereast frpm 10 three per cent. per
nun according the rate Of levfs, III ysion. paris
Of the country.
A; ;he present nate Of premium ON geld they pay
Over Eight Per Cent Interest
IN c,IIency and are of equal convenience pmanen
o: temporary investment.
IL is believed that no securities Offer great induce
neu,z TO lenders the rario. descriptions "f Us. Bonds.
In a. other forms of indebtedness the faith ability 81
Only il pledged for payment while for the debts of tia
lutte: S,se- the whole property of the country s holden
the p.ye; of boh principal znd interest in
clir.
There Bond. may he .ue iied for in from go up
magnitude, ,he terIn= ard thus made
equally ssilshle the smallest lender and the arges
capitalist They oen he converted into money q; any
moment and the holder will h.ve the benefit The In
tercst.
1t may he u,e ttse in til. connection that the total
Funded Deb, Of the United stsss Oh which tlteres, i,
PAYABLE In gold, tbs ID d.y of March 1874 s7es-
Se4 0 tn. interest this tetf for the coming A.csl
year s:i he s45eSIlE. While the custom. revenue In
gold for the current f-ca year. ending June Srh, 1S.
hss heeE far 8. the rate Of OVER sl0a001o Per an
J:uu.
l. will re eeen thst even the present gold revenues
tie Government sra largely in Of she Of the
Treasury for the payment Of gold nre.t- ~he the
incesse Of the t.h viii douhle raise the annusl
receipts fom the Of importation.
to slja,1=.'a0 per snruIn.
Instruction tn National Bank. acting a, loan sszent
were no .ucd from the United State Tres.ury unit,
Esr"' e but in the first three week Of April the ,ui-
rrr- .,..oi.= averaged more than Ten MILLIONS A
WEEK
Subscriptions -ill be Revived by all
NATTONAL BANKS
which dspo-its-1e. OF Public I,oaey. and sill
RESPECTABLE BANhs AND BANKERS
drought III" country 'ac;ng agents of the National De
posi'a-y Banks! s furnish further Information sppn-
cation aud
AFFORD ETEHr FACILITY TO SUBSCRIBERS
GI:l,Si