Evening star., 1864-05-04
II. q. 1910 BONDS.

These Bonds are issu ed under the Act Of Congress
of March sth 1854, which provides that all Bonds
issued under this Act shall be EXEMPT fhoA
TAXATION BY under any State or municipal
authority. Subscriptions to these SonoS are re-
ceived in United States notes or notes OF Nauons1
Bsnks. They are TO BE REDEEMkD IN COIN
at the pleasure Of the Government, st anT period
NO. less thon ten nor than forty years from their
date, and until their redemption FIVE PEN
CENT. INTEREST WILL BE PAID In COIN,
On Bonds of not over sne hundred dollars annually
and on all other Bonds semi annually. The In.
.erest ia payable on the first days Of March and
September in each year.
Rep;stered Bonds are recorded On the Books of
the United States Treasurer. and can be trans
ferrad only on the owners order. Coupon Bonds
are payable to bearer, and are more couyenient
for Commercial uses.
Subscribers to this loan WILL have the option Of
having their Bonds draw interest from March ist
by paving the accrued interest in coin-tor in Uni
ted States notes, or the notes Of National Banks,
adding fifty per cent. for prenliumJ or receive
them drawing interest from the date Of subscrip-
| tion and deposit.
As these Bonds are exempt from municipal or
State taxation. their value is increased from one
| to three per cent. per annum, according to the
rate of tax Ieyies in various parts of the country
At the present rate of premium gold they pay
over eight per cent interest in currency, and are
| of equal convenience as permanent or temporary
| investment.
| It Is believed that no securities offer go great
| inducements to lenders the various descrip.
| tions of q. 8. Bonds. In all other forms Of in.
debtedness, the faith ability Of private parties
| or stock companies or separate communities only
is pledged for payment, while for the debts of the
United States the whole property Of the country
is holden to secure the payment of both principal
| and interest in coin.
| These Bonds may be subscribed for in sums from
$50 up to any magnitude, on the same terms, and
| are thus made equally available to the smallest
| lender and the largest capitalist. They can be
| converted into money at any moment, and the
| holder will have the benefit of the interest.
| The fact that all duties on imports are payable
in specie furnishes fund for like payment of in
| terest On all Government Bonds largely in excess
of the wants of the treasury for this purpose.
Instructions to the National Banks acting as
loan agents were not issued from the United States
! Treasury until March IS, but in the hrst three
/ weeks of April the subscriptions have averaged
| more than
| TEN MILLIONS A WEEK.
| Subscriptions will be received by the Treasure,
ef the United States at Washington, and the Assist
ant Trsasu,.,s at New York, Boston, and Philadel-
| phia, and by the
FIRST NATIONAL BANK OF WASHINGTON,
| FIRST NATIONAL BANK OF BALTIMORB.
FIRST NATIONAL BANK OF PHILADELPHIA,
| and by ell National Banks which depostaries
| of public money All respectable banks and bank
| ers throug ghout the country Will furnish further
| information on application, and afford every fa-
| cility to subscribers. ap29-lw