American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-10-12
u S. z-3O Loan.

TnE Secretary Of the Treasury gives notice that sub
scrpons will be received for Coupon Treasury Notes.
payable three years from Aug 15th 1904 with semlan-
nual interest at rate of and three-tenths per
cent per annumprincipa and interest both paid
in lawful money.
These notes will be convertible at the option Of the
holder at maturity into six per cent gold bearing bonds
payable not less than FIVE more than twenty years
from their date, the Government may elect. They
will be Issued in denominations of s5O $780, $780, 81 o0o
and 5oOo and all subscriptions be for fty dollars
multiplied of hhy dollars
The will be transmitted to tho owners ffee of
transportation charges after the receipt of the
original Certificate of Deposit they be prepared
As the notes draw interest from August 10, persons
making deposits subsequent to that date must pay the
interest accrued from date Of date Of deposit
Parties depositng twenty-five thousand dollars and
upwards for these notes any time will be allowed
commission Of onsquarter Of per cent which will
be paid by the Treasury Department upon the receipt Of
bin for the amount certified by the officer with whom
the deposit made. No deductions for commissions
must be made from the deposits.
Special Advantages of This Loan.
III ANATIoNAl SAVINGS BAND, offering higher rate
of interest than any other, and the best secuty ANY
savings bank which pays it. depositors in L. S. Notes,
considers that it paying in the best circulating medium
of the country and 1t pay in anything better for
its own assets are either in securities or In
notes Or bonds payable iu government paper.
1t is equally convenlet a temporary permanent
M ot,, l.,
fraction of their face and accumulated interest and
the best security with banks as coaterals for discounts
Conve riibIe into Six per cent. sac Gold Bond.
In addition the very liberal interest the notes for
three per cent per for tho current rate for
$50 Bonds is not less than nine per cent premium and
before the the premium in six per cent u stocks
twenty per cent 1t will be seen that tho ac
tun profit this lonn at the present market rate Is not
less than ten per cent per aunum.
lis Exemption from State or Municipal Taxation.
But aside from all the advantages haze enumera-
tod, special Act Of Congress erempts all bonds and
Treasury notes from iacal taratioH On the average
this exemption is worth about two per cent per snnum
occordng TO tho rate Of taxation in various parts Of the
country.
Its believed that no securities offer great induce
ments to lenders rs these issued by the government
In all other forms Of indebtedness, the faith ability
Of private parties stock companies separate COM
munitie ouly, pledged fr payment while the whole
property of the country is held the discharge
Of all the obligations Of the Uniled States.
While the government offers the most liberal terms
for its loans Il believes that the very strongest appeal
will be the loyalty and patriotism Of the people
Duplicate certificates will be issued for all deposits
The party depositing endorse upon the original
certificate the denomination Of notes required, and
whether they arc bo issued In blank payable to
der When 80 endorsed it must be left with the officer
receiving the deposit be forwarded to the Treasury
Department.
SUBSCRIPTIONS WILL RECEIVED by the Treasurer o
the United States Washington, the several Assistant
Treasures and designated Depostarics, and by the
First National ISanIS of
Allegheny CITY, Pa. First Second. and Third National
Banks Of Pittsburgh Pa, and by all National Banks
which are deposi,ories Of public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further information and
AFFORD EVERY FACILITY TO SUBSCRIBERS