The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1864-07-20
u. S. 1910
BONDS!


These Boads eissnod under the Act Of Congress Of
March sth 1854, which provides that all Bonds issued
under this Act shall he EXEMPT FROM TAXATION
by or under any state municipal authority Sub
scrptions these Bonds received ia United States
notes or notes Of National Banks They are TO BE
REDEEMED IN COIN at the pleasure Of the Gov
ernrnent at any period ie.s tion acn
forty year- from their date and until their redemption
PER CENT. INEREST WILL PIE PAID IS COIN,
or Bonds Of hundred dollars annually and
on all other Bonds semannually. The interest pay
BILE on the first days Of March and September in each
year.
Subscribers will receive either Registered or Coupon
Bonds, as they may prefer. Registered Bonds
corded on the books Of the L. :. Treasurer and
be transferred only on the owners order Cu.on Bonds
are payable to bearer, and are convenient for
commercial uses.
ubscrbcrs 10 this iaon viii have the option Of having
their Bonds draw interest from March st by paying the
interest in coin in United states notes. or
the notes of National Banks adding fifty per cent for
premium or receive them drawing interest from tie
date Of subscription and deposit As these Bonds
Exempt from Municipal or State Taxation,
their value increased from to three per cent per
annum according to the of lcyics 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 a perma
nent temporary investment.
Ills believed that no securities Offer 50 great induce
ments to lenders the various descriptions of U.
s. Bonds. In all other of Indebtedness faith
ability Of private parties stock companies
separate communities only is pledged for payment,
while for the debts of the United States the whole
property Of the country is holden to The payment
of both principal aud interest in coin
These Bonds may be subscribed for in sums from
$50 up to any magnitude, the same terms, and are
thus made equally available TO the smallest aud
the largest capitalist They be converted into
money al any moment, and the holder will have the
benefit of the interest.
II may useful in this connection that the
total Funded Debt of the United States which in
payable in gold, the Sd day of March, 1854
$685., ,965oOo. The interest this debt for the
coming fiscal year will be Sij937 1926, while the
toms gold for the fiscal year, ending
June 30th 1864 has been far at the of
500, 100000 per annum.
II will be that the present gold revenues
of the Government are largely in Of the wants
Of the Treasurer for the payment Of gold interest,
while tie increase OF the tariff viii doubtless
raise the annual receipts from customs on the
amount of mportatons, to SI5,o00,000 per
instructions to the National Banks acting as loan
agents were not issued from the nited States Trcasu
ry until Marct 26, but the first three weeks of April
the subscriptions average more than TEN MILLIONS
wEEk.
Subscriptions will be received by the
First National Bank of Evansville, Ind.
First Naiiona, Bank Of Fort Wayne. Ind.
First National Bank OF Lafayette. Ind.
First National Bank of Madison. Ind.
First National Bank OF Tcrrc Hautc, Ind.
First National Bank of Richmond Ind.
AND BY ALL NATIONAL BANKS
which dcpositaries of Public money, and all
RESPECTABE BANKS AND BANKERS