The Democratic press. (Eaton, Preble County, Ohio) 1860-1865, 1864-07-07
.. s. 1910 BONDS.

I
These bonds are issuod under tina Act Of
Congress Of March 9Th, 1864, which provides
that nll bonds issued under this Act shall be
EXEMPT FROM TAXATION by or uuder
any state or municipal authority. Subscgip'
tons to these Bonds are received in United
States nS'es or notes Of National Banks
They areTo BE REDEEMEDINC0 COIN at the
pleasure Of the Government, at any period
not less than ten nor more than forty gears
from their date, and until their redemption
FIVE PER CENT INTEREST WILL BE
PAID IN CClN, on Bonds Of not over one
Hundred dollars annually and on all other
Bonds semi.annual.y TIE inte7e5 is pay
able on the FIRST days OF March and Septom
Der in each year.
Subscribers will receive either Registered
or Coupon Bonds, as they prefer. Register
d BoAas are recorded on the books ofthcU
s. Treasurer, and can be transferred only at
he owners order. Coupon Bonds are pay
able to bearer, and are ,lorc convenient 70,
commercial uses,
Subscribers 10 this loan will hare the option
OF having their Bonds draw interest in ,oin-
Tor in United States notes. or h
notes Of National Banks, adding ffty per
cent, for premium or receive them drawing
interest from the date Of subscription and de-
post. AS these Bonds are.
EXEMPT FROM MUNICIPAL
OR STATETAXAITON.
their value is increased from one 10 three
per cent per annum, according to the rate
Of tax lerieS in various pats Of the coSn4
try,
Al the present rate Of premium on gold
they pay
Over Eight Per Cent Interest.
in curre"cy, and are Of equal convenience
as a permanent or temporary investment,
1t is believed that no securities offer so
great inducements to lenders as the variol
descriptions of u. S Bonds. In alI other
forms Of endebtnsss, the faith or ability OF
private parties or stock companies Or sepsr.
ate communitieponlv is pledged for payment
while for the debts oflhe 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 form sums
from $50 up to any magnitude, On the sams
terms, and are thus made equally available
10 the smallest lender ard the largest CAPT
%tal!ist. They oLn be converted into money
at any moment, and the holder will have the
benefit Of the INTEREST,"
1t may be useful to state in this eonnec-
ton that the total Funded debt Of the United
States on which interest, is payable in gold.
on the Sd day Of March, 1864, was S76S ,965
600. The interest on this debt for the com
ing fiscal year will be S45 ,937, l?6, while the
customs revenue in gold, on t Sd day oil
March 1864, was $76s ,s65 COS. The %interis
on this debt for the coming fiscal lear ending
June 3oth 1864, has been so far at the rate
Of over 800, 0O0, 900 per aunum,
1t will be seen that even the present gold
revenues of the Government are largely i'll
excess of the wants Of the Treasury for the
payment Of gold interest, while the recent
increase of the tariff will doubtless raise the
annual receipts from customs on the same
mount Of inportations, to $500 OO, 600 per
annum.
Instructions 10 the National Banks act,
ing as loan agents were not issued frem the
United State Treasury until March rs, bu'
IN the frat three weeks Of April the tubcript
ions averaged more than TEN MILLI0NS
, AWEEK.
b Subscriptions will be received by the.
First National Bank of Cincinnati, O.
Third NATIONAL Bank Of Cincinnati, o.
Fourth National Bank of Cincinnati, o.
First National Bank of Dayton, o.
Second National Bank Of Dayton, o.
AND BY ALL NATIONAL
BANKS.
which are dspOsitarieS Of public none,
| and al.
RESPECTABLE BANKS AND BANKERS
~thrOaGhtout the country, (%acting as agents o.
the national Depository Bank will further
further information on application and
4 AFFORD EVERY FACILITY.
To SUBSCRIBERS.
May l2-3m