American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-06-08
u. s.. 1870 Bonds.

~ @.-@eN aAhf EAsED ~ . = N~1-N ~
THESE Bonds issued under the Act Of Congress of
Nafc th ls64 Which provides that all Bonds issued
ier this Act shall be EXEMPT FROM TAXATION by or
under any state municipal authority Subscriptions
to these Bonds received in United States or
notes Of National Banks. They are TO BE REDEEMED
IN COIN the pleasure Of the Government at any pe-
riod not less an ten nor forty years their
date and until their redemption PIvE PER CENT. IN
TERRsT WILL BE PAID IN COIN, on Bonds of not
h. ndred dollars annually and other Bonds
semiannually The interest payable on the first days
Of March and September in each year.
Subscribers will receive either Registered Coupon
Bonds as they may prefer Registered Bonds record
ed on the books Of the U s. Treasurer and be
ferred only on the owners order Coupon Bonds are
PAYABLE to bearer and are convenient for
ciai uses.
Subscribers tbi. loan will have the option of having
their Bonds draw interest from March lst by paying the
accrued interest in colnor in United States notes
the notes Of National Banks, adding fifty per cent for
premium,) or receive them drawing interest from the
date of subscription and deposit As these Bonds are
G-rtWpt JfbHt a1'F'Etl'A'V Nt1'S f~-'N''N''i
II sir value increased from three per cent per
num- according of levies in various parts Of
the country.
At the present rate Of premium on gold they pay
over Eight Per Cent Interest
in currency and are Of equal convenience as perma-
nent or temporary investment.
It's believed that no securities offer great induce
mens to lenders the various descriptions ofU S Bonds
In all other forms Of Indebtedness the filth or ability Of
private parties or stock companies separate commun
ties only pledged for payment while for the debts Of
the United States the whole property Of the country
holden to secure the payment of both principal and in
forest IN coin
These Bonds may be subscribed for in sums from $50
pto any magnitude on the same terms, and thu,
made equally available to the smallest lender and thO
largest capitalist They can be converted into money at
any moment and the holder will have tho benefit Of the
interest.
1t may be useful to state in this connection that the
total Funded Debt or the United States which inter
est is payable in gold the Sd day Of March, lSG4 was
s7es os5O0O The interest this debt for the coming
fcal year will be sGj9s7 26 while the customs revenue
in gold for the current fiscal year ending june 3th 1864
hns been so far at a1ate Of s1OocooooOrer
1t will be that the present gold revenues Of
the Government largely in of the wants Of the
Treasurer for the payment of gold interest while the ro-
cent increase Of the tariff will doubtless raise the annual
receipts from customs on the sama Of mporta-
tons to sl5ooOoOOO per apnum,
Instructions the National Banks acting loan agents
were not issued from the United State Tresury until
March 90 but in the first three weeks Of April the sub
scrip,ions averaged moro than TEN MILLIONS WEEK.
Subscriptions will be received by the
First National Bank of Philadelphia, Pa.
Second National Bank Of Philadelphia, Pa
Third National Bank Of Philadelphia, Pa.
Ard by all National naeks
which depositaries Of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout tn, country tactng agents Of the Nation
al Depositary Banks will furnish further information on
application and
AFFORD EVERY FACILITY To SUBSCRIBERS.