The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1864-07-20
U. S, 10-40 BONDS!


yEHESE Bonds are issued under the act Of
Congress Of March Sth, 1864, which
provides thatau Bonds issued under this Act
Shall be EXEMPT FROM TAXATION by
or under any state. or municipal authority.
Subscriptions 10 these Bonds are received IN
United States notes or notes Of National
Banks. They arc TO DE REDEEMED IN
COIN, at the pleasure of the Government, at
any period not Tess than ten nor more than
fortJ uegrs from their date. and until their
redemption FIVEPER CENT. INTEREST
WILL BEPAIDIN COIN, on Bonds Of not
over one hundred dollars annually and on
all other Bonds dssemi-annually. The interest
il payable on the first days Of March and
September in each year.
Subscribers will receive either Registered
or Coupon Bonds, as they may prefer. Re-
gistered Bonds are 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 conve-
nicnt forcDEnercial uses.
Subscribers to this loan will have the op-
ton of having their Bonds draw interest
from March 1st, by paying the accrued in
terest in coin tor in United states notes, or
the notes of the National Banks, adding fay
per cent. for prenlium,l or recaive them
drawing interest from the date of subscip-
ton and deposit. rs She Bonds are
Exempt from Municipal or Stale
Taxation,
their value IS increased from one TO three
| per cent. per annlni, according to the rate
of tax lcvics in various parts OF the coun-
| try.
Attha present rate of premium on gold
! they pay
Over Eight Per Cent. Interest
in currency, and are of equal convenience
as temporary investment.
| 1t is believed that no securities offer so
| great Inducements to lenders as the various
descriptions Of Z. s. Bonds. In all other
forms Of Indebtedness, the faith Or ability OF
private parties or stock companies or sepa-
rate communities only is plclged for pay
mcnt, while for the debts Of She United
States the whole property of the country is
holden to SECURE tho payment Of both prin-
cipal and interest in coin.
| These Ronls may be subscribed for in
sums from $50 mp to any mlgnituIe, OIL the
! saH,e terms, and are thus made equally
| available to the smallest londer and the lar
, gest capitalist. Thay can be converted in
| to money at any m1nont, anil tae holder
| will havo the benefit Of the interest.
| It may be- useful to state in this connec'
ton that the total furidCd debt of the United
| States on which interest is payable in gold
! on the Sd day OF March, 1854, was $7GS, ,955,-
! 900. The interest on this debt for The coming
| fiscal year will be h, ,9E,l2j, While the Gus
| toms revenue in gold for the current fiscal
| year, ending June 30th, 1851 has been 1T tho
rate OF over 300, ,O3o, 003 per annum.
IT will be seen that even tho present gole'
revenues Of the Government are largely il
exces IS Of the wants Of the Treasury for tht
payment of gold interest, w'silc the recent
increase Of the tariff viii doubtless raise til,
annual rcceip.s from customs on the sans
amount of importations, 10 $50, ,000.000 pc
anaum.
Instructions to the National Banks aetna
as loan agents were not issued from the Uni,
tod States Treasury until March 2S, bat j.!
! tho frs, three weeks in April the subscrip
! tionsaYorAgod m1re than TN MILLIONS
! 4 WEEK.
Subscriptions will he received by the
First National Bank of CatSix, d.
And by all National Banks which are depos
itarns of Public money, and all
RESPNCTABLE BANKS and BANKERS
throughout the country, taoting as agents o
the National Depository BGnils,l will fur
thcr information on application and
AFFORD EVERY FACILITY TO SUB
SCISIDER5.
T.