The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1864-05-26
US. 1910
"0DN D~s

/
| These Bonds are issued under the Act II
! Congress Of March Sth, 1861, which provides
that all Bonds issued under this ACT shalt bs
/ EXEMPT FROM TAXATION by or under
any State or mt nicipal authority. subscrip-
/ tons to these Bonds arc received in United
| States notes or a,tes Of National Banks They
are TO BE REDEEMED IN COIN, at tho
! pleasure Of the Government, at any period
/ not less Than ten more than iorty yeGrs from
! their date and until their redemption Five
PER CENT, INTEREST WILL BE PAIo ~
/ COIN, on Bonds Of not over one hundred dbl
i lars annually and on all other Pond, sa'i-
anu ally. The interest is payable on the Hrss
days Of March AMI September in each gear
Subscribers will receive either Registered
/ or Cupon Bonds, as they may prefer EHss
/ tered Bonds are recorded on The books ,t'a.
/ US. Treasury, and can be transferred oa'y
on the owners order. Cupon Bonds ~.
payable to bearer, and are more convenient
for commercial uses.
| Subscribers to this loan will have the on.
/ ton Of having their Bonds draw interest
| f ON March lst. By paying the ACQUIRED il-cr
es, in coin--lor in United States notes or Of
National Banks, adding fifty per cep'. 81
premium, or rec Give them drawing interest
from the date Of subscription and deposit.
As these Eonis are Exempt
from Muninc yal or state Tax stion,
iheIr value is increased from one TO fare.
per cent, per annnm, according to the rate ii
tax ievies in various parts Of the country
AT the present rate Of pre- mium on gold ,hey
Pay
Over Eight per celt Interest
in currency, aud are Of equal convenience ~
q permanent or temporary investment.
Il is believed that no securities offer :.
great ind ueemeats 10 lenders Us the various
descriptions Of T. $. ronis. In al 9th,
forms os Indebtedness, the faith or ability e
private parties or stock csmpasies sep..
ra.e communities only is p,egcd for r.vncn..
while for the debts of the United States ,'se
whole property Of the country is holden Z,
secure the payment Of both principal and IN
te rest in coin,
I.tsF D1nus Hfa he suusCflDeu inE III 500
from $50 up to any magnitude, on the sa,.
terms aud are thus made equally avaiiabi.
to he smallest lender and tho largest capita
lists. They can be converted into money Al
any moment, and the holder will hare tha
benefit of the interest.
Il may be nsefnl to state in this connection
that the total Funded Deb, of the United States
on which interest Is payable in goll. or to
81 day Of March, 1864 was Sos a;5,M.i,.
The interest on this debt for the coming rs
cal year viii he S45, 1926. while the cur
toms revenue IN gold for tho current fiscal
year. ending JUNE Both, 1864, has been far
at the rate of over SloOO0 600, per anaum
1t will be seen that even the present got
revenues OF the Government are largely il
excess of the wants Of the Treasury for tie
payment Of gold interest, while the recent in
crease Of the tariff will doubtless raise the
annual receipts from customs on the ssma
amount Of inportatons, to Sl5o,O0o,en per
anniim.
Instructions to The National Ranks acting
as loan agents were not issued fron the Tut
ed States Treasury until March 2a, lat il
the first three weeks of pr, she saser p
tons averaged more than TEN MILLIONS
4 WEEk
Subscriptions will bs ,cceived by tho
First National Bank Of Davenport lava.
First Natoaal Bank Of keokuk, Iowa.
First National Danh of Mt. Pleasant, iowa.
AND 81 all NATIONAL BAyaS
which are depos;taries otpuhlc moaet, AMI
all
RESPECTABLE BANKS AND EASKTfs
Throughout. the country, (ac,ing ~ sgcnts
Of the National Depository Banks, W.
furnish further information on spplca;;~s
and
AFFORD EyEsY FACILITY TO sunsCaIaEas.
in vial.aa=s
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