M'arthur Democrat. (McArthur, Vinton County, Ohio) 1853-1865, 1864-06-23
U.S.fO.-4O B 0 NDS.

Tlese Tords arc issued under Tie Act ofCon
gress Of March sth, which provides that all
Bonds issued under this Act shall be FXEMPT
FROM TAXATION by or under any state OF
municipal authority. Subscriptions 20 thsSe
Bends are received in United States notes or
notes Of National Banks. They are TO BE
REDEEMED IN COlE, at the pleasure of,le
Government, stHny period not less than ten nor
moro 'ann forty years from their dete, and m
til their redemption FIVE PER CENT. IN.
TEREST WILL BE PAID IN COIN, ou Bonds
Of not over ono hundred dollars Annually and
Oh az other Bond. semi annually. The inter
est is payable on the Grst March and September
in each yetr.
SubslTiDers will receive either Registered or
Coupon Bonds, a. they may prefer. Registered
Bombs cre recorded On lie books oftle L. :.
Treasurer and can be transferred only Gu the
owrsr's order. Coupon Bonds are payable TO
bearer, End are moToconyenicnl for commercial
uses.
Subscribers to this loan will have the option
Of having their Bonds draan interest from
March lst, by paying tho accrued interest in
coin OF IN United Sa,er notes, or he notes
Of National R."Ns, adding fny per cent for
premium,J orreccigo them dra wing Interest
from tic date Of subscription and deposit. As
these Bonds arc
Exempt from Municipal aud State Tax
80
their value isgcrcused from one to three re
cent per anuum, according to the rs.o of TAX
ieYics IN vsrou, parts ofthe county.
AT the present rate Of premium on gold they
pay
over Eight Per Cant. Interest
In currency, uul are Of equ.l cony emsuee as
Pormaraus or temporary investment.
II is believed tLsr uo securities viItr so great
induce ne nt5 10 lcane'S 10 the yarIous descrip-
tiuuS Of l. 5. Bonds. IN all other iorms ofiD-
deb@dEcss, the fa III or ability OF private BAR
tics or stock compa, les or separate communi-
..ej onIy is pledged ior payment, while f.r debt,
Z! the LGitrd States the whole properly cf the
ountry Is Goll3 to secure tho payment of
both principal ana interest in coin.
wicss Bond, may b. subscribed for in sum-
from $50 a. to thy maglituio, On the same
terms, aud aro thus made equally available to
the smallest lender and tho largest ,a,i.ulist.
They can be converted iGlo II ouey vt any mo-
mcnE and the holder will have the Jcnca! Of
ids interest.
lt'noy be u,eful 70 yta:e in This connection
tha! tho to II Funded Debt Of the United
S;ateson which interest is payable in cold, on
tie 81 day Vi Mach. 1854, was t7l3 ,96j, go.
The Interest on chi debt for the coming fsSa!
year will be 81. .937l2G, Nliie thu customs
revenue il gold Tor the current fiscal year.
ending June jOth, 1864, las Useu 20 far 81 the
rate oislOJ, 900 per annum.
Is".iI be seen that eyen the p,essnt gold rev
enues Of the Goyernmon. are largely in excess
Of the wants Of the Treasury for the payment
'f gold interest, hiIe the recent increase ofthe
;arlE vii! doubtless raise the annual receipts
'fom customs on the same amount Vi inporta
lions, to S!5u,Ur0 90 per pnuurl.
Instructions 10 the Nativuai Banks ac,ino Ms
loans agents were not ISSUED from he United
state Treasury vntil March 90 bat n the Ars,
shreo wc9ksci April TIC >nosvri, tious averaged
more Than ILN MILLIONS = WEEK.
Subscriptions VIII be received BY !h,
First Aa.ioa Baaa ol CiD.iuuut, 0.
Third
F,ulh
AID EY Al NATIONAL BANKS
which 80, agrVs terea OF Public money, and
al
RESPECTABLE BANKS AND BANKrEs
throughout he S)cn,ry, ,aadugaa agents ol
the National D"postary Banks.) will furniah
Iur'ho Information on application a1d
AFFORD EVERY FACILITY IOSCBSCRI. |
EEES.
Nay oith ls63--2no