Civilian & telegraph. [volume] (Cumberland, Md.) 1859-1875, 1864-06-09
!. 5. l1-4Q BONDS.

These bonds are Issued under the Act Of Con-
gress of March 9th, 1864. which provides that
all Bonds issued under under this Act shall bo
EXEMPT FROM TAXATION BY or under any
state or municipal authority. Subscriptions to
these Bonds are received In United States notes
or notes Of National Banks. They are TO BE
REpEENID IN COIN, at the pleasure of the
Government. ct any period not less than ten no,
more than Jorty ysa,s from their date, and until
their redemption FIVE PER CENT. INTEREST
WILL BE PAID IN COIN, on Bonds of not
over one hundred dollars annually and on all
other Bonds semi-annually. The interest is
payable on the frs, days Of March and septem-
Der in each year.
Subscribers will receive either Registered or
Coupon Bonds, - they may prefer. Register.
Cd Bonds 40 recorded on the books of the U.
s. TREASURER, and can be transferred only on
the owners order. Coupon Bonds are payable
to bearer, and are more convenient for COM
mercial uses.
Subscribers to this loan viii have the option
ofhavizs sheir soads draw interest from March
LIST, BY paying sAs .eesusd interest in coin
Tor in unis;a States ass.s, or the notes Q: Ma
ilonai Bsnkb, adding fifty per cent for pre-
MUM or receive them drawing interest from
the daseof subscription and deposit. A. these
Bonds are
Exempt from Municipal or State
$50 Taxation.
thsis value 70 increased from one to three per
cent. per annum, according to the rate of tax
levies In various parts Of tho country.
At the present rate Of premium on gold they
pay
Over Eight Per Cent Interest
in currency. aad are Of equal convenience as .
pesmapsp. or temporary investment.
II il believed that no securities offer so great
inducements TO lenders as the various de-
scriptions of o. g. Bonds. In all other forms
of Indebtedness, the faith or ability of private
parties or stock companies OF separate commu-
mites only i pledged for payment, while for
the debts Of the United States the whole prop
erty of the country Is holden to secure the pay
ment Of both principal and interest in coin.
These Bonds may DO subscribed for in SUMS
from $50 up to any magnitude, on the same
terms, and ars made equally available to the
smallest lender and the largest capitalist. They
can be converted into money st any moment,
and the holder will have the benefit of the in
tsrsst.
It may b Useful to state In this connection
that the total Funded Debt of the United States
on which the interest is payable in gold, on tho
Sd day of March, 1864, was s7ss, ss5, 900. The
interest on this debt for tho coming fiscal year
will be s45, 937, l7s, while the customs revenue
In gold for the current fiscal year, ending June
3oth, 1864, has been % far At the rate Of over
Sloo. ooo. 900 per annum.
It viii b seen that even the present gold
rsvsnuss Of the Government are largely in ex-
Gu Of the wants Of the Treasury for the pay
msnt Of gold interest, while the recent increase
Of De tariff will doubtless raise the annual re-
csips from The customs on the same annonrt OF
importaaons, 70 SIso,ooo.ooo per snnum.
Is,trussious 70 the National Banks acting a.
loan agents we're not issued from tho United
Stats Treasury until March 20, but ip the first
shrss wssh Of April the subscriptions averaged
sore than TEN MILLIONS A WEEK.
Subscriptions will be received by the
FIRST NATIONAL BANK OF BALTIMORE.
rISsf NATURALIZATION WASHINGTON
yIssf NATIONAL BANK OF CARLISLE.
PA.
And By all National Bankss-
which sEs dsposisAriss Of Public money, and
REsPEcrABLE BANKS AND BANKERS
througbout the country, (scting - agents OF
the National Depositsry Banks, will furnish
further Information on application and
AFFORD EVERY FACILITY TO suBscRI-