Litchfield enquirer., 1864-07-28
U. s. l0-4O BONDS.


 Congress of March 9th, 1864, which provides | that all Bonds issued under this Act shall be EXEMPT FROM TAXATION by or .dder any state or municipal authority. Subscriptions l to these Bonds ale received in United States 1 Notes or Notes of National Ranks They are TO BE REDEEMED IN COIN, at the pleas l nre of the Government, nt any period not les' than len nor more than foty gears from their date, and until their redemption, FIVE PER CENT INTEREST WILL. BE PAID IN COIN, or Bonds of not over one hundred dollars annually. and on all other Bonds semi-nnnually The inter. est is payable on the first days of March and September in each year.
 1 Subscribers will receive either Registered or Coupon Bonds, as they may prefer. Regis l tered Bonds are recorded on the Fooks of the | U. s. Treasurer and can bc transferred only | on the owners order. Coupon Bonds are pay | able to bearer, and are more convenient for commercial uses.
 | Subscribers to this loan will have the op- | tion of having their Bonds draw interest from l March 1st, by paying the accrued interest in coin.-(or in United States notes, or the notes of National Banks, adding fifty per cent. for premium or receive them drawing interest 1 from the date of subscription and deposit. As | these Bonds are
 EXEMPT FROM MUNICIPAL OR STATE TAXATION,
 their value Is increased from one to three per cent. per annum, according to the rate of tax levies in various parts of the country. | At the present rate of premium on gold. they pay OVER EIGHT PER CENT INTEREST in currency, and are of equal convenience as a permanent or temporary investment. It is believed that no securities offer so great inducements to lenders as the various descrip. | tions of U. S. Bonds In all forms of indebt- cd ness, the faith or ability of private parties or stock companies or separate communities l only is pledged for payment, while foe the debts of the United States the whole proper ty of the country is holden to secure the pay ment of both principal and ir terest in coin.
 These Bonds may be subscribed for :n sums from $50 up to any magnitude, on the same terms, and are thus made equally available to the smallest lender and the largest capitalist. They can be converted into money at any mo- ment, and the holder will have the benefit of the interest.
 It may be useful to state in this connection that the total Funded Debt of the United States on which interest is payable in gold. on the Sd day of March, 1864, was $768 .965 ,O00. The interest on this debt for the coming fiscal year will be s45. .937 ,l26, while the customs reve nue in gold for the current fiscal year, ending June Both, 1864, has been so far at the rate o1 over s1OO, ,0OO. 900 per annum. | It will be seen that even the present gold revenues of the Government are largely in ex cess of the wants of the Treasury for the pay ment of gold interest, while tho recent in crease of the tariff, will doubtless raise the annual receipts from customs on the same amount of importations, to s150, 1000, 900 pel annum.
 Instructions to the National Banks acting as loan agents were not issued from the United States Treasury until March 26, but in the first three weeks of April tho subscriptions averaged more than TEN MILLIONS 4 WEEK.
 Subscriptions will be received by the First National Bank of Providence, R. |.
 First National Bank of Bridgeport. Conn.
 First National Bank of Hartford, Conn.
 First National Bank of New Haven, Conn.
 First National Bank of Norwich. Conn.
 First National Bank of Stamford, Conn. l First National Bank of New York City,
 AND BY ALL NATIONAL BANKS which are Repositories of public money, and al RESPECTABLE BANKS AND BANKERS
 throughout the county, (acting as agents o the National Depository Banks,) will furnisl further information on application and AFroRl EVERY FACILITY TO sUBscRIBERs. 3m3