Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1864-07-15


These Bonds are issued under the act Of Congress Of
March 9Th, 1884, which provides that all issued
under this Act shall be EXEMPT FROM TAXATION By
or under any State municipal authority subscrip-
tons TO these Bonds received in UniAsd States
Notes notes OF National Banks. They TO BIZ
REDEEMED IN COIN, at the pleasure Of the Govern
ment any period Iss ten more than forty
years from their date until their redemption FIVE
PER CENT. INTEREST WILL BE PAID IN COIN, on
Bonds of not hundred dollars annually, and
all other Bonds annually. The pay.
able 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 the books of the U 8 Treasurer and can
transferred only on the owners order Coupon Bonds
are payable to bearer, and more convenient fer
commercial uses.
Subscribers to this loan will have the option Of haV-
nl'. Bonds draw interest from March lst by pay
ing the accrued interest in con-(or United states
notes, the notes Of National Banks adding fifty per
cent for premium,) them drawing intorsst
from the date of subscription and deposit. As these
Bonds
Exempt from Municipal OF State Taxation,
their value is increased from one 70 three pOr cent
per annum according To the of tax eviss in
rous parts Of the country At the present
MUM on gold they pay
in currency, and OF equal convenience as u per-
manent or temporary Investment.
It s believed that securities offer 90 great induce
ments to lenders as tho various descriptions u s.
Bonds. In all other of indebtedness the faith
ability of private parties stock companies or sep
arate communities only pledged for payment while
for the debts Of the United States the whoe property
OF the country holden the payment of both
principal and interest in coin
These be ed for in ennna from
up to any magnitude, the same terms, and arc
thus made equally available the smallest lender and
the largest capitalist. They be conYsrted into
money at any moment, and the holder will have the
benefit Of the interest.
It may be useful TO state in this that the
total Funded Debt of the United States on which in
terest is payable in gold the Sd day 1884
S7eS 9e5 9Oo The interest this the eSnnR
fiscal year will be $45 O87 1885, while the customs rs-
venue in gold for the current fiscal year. ending June
SOth, 1884, has been the rate or over SIOO
600 900 per annum.
It will be seen that present gold rsvonuss
of the Government largely excess Of the wants
OF the Treasury for the payn of gold interest," while
the recent increase Of the tariff will doubtless raise
the annual receipts from customs on the same amount
of mpsrtatOns to $3.50. .OS0 900 por annun
Instructions to the National Banks acting az Iosa
tagents were not Issued the United States Treas
usry unit March 90 but in the hrst three weeks Of
April the subscriptions averaged more than TIN MIL
LIONS WEEK
Subscriptions will be received BY tho
First National Bank Of Columbus, o.
AID HH NATtOE4L BANKS
Thch are depostaries Of Public money and all
RESPECTABLE BANKS AND BANKERS
throughout the cSuntry, acting agents OF the Ma
onal Depostary Banks, VIII furnish further informs
lon on application and EH
AFFORD EVERY FACILITY TO SUBSCRIBERS
May Is, '64.-2m ..s-