The Democratic press. (Eaton, Preble County, Ohio) 1860-1865, 1864-05-12
NEW A~0KERHSENEKzy.
5. l0-40 BONDS.

III s ~ ~
These honda are issued under the Act Of
Congress Of March 9Th, 1894, whichproyidcs
that III boads issued under tEia Act shall 6e
EXEMPT FROM TAXATION By or uhde,
any state Or municipal authority. Subscripi
lions to these Bonds are received Ia United
States NOES or notes Of National Banks
The al TO BE REDEEMEDINCo COIN at the
pleasure Of the Government, at any period
not less haa ten nor more than forty years
from their date, and until their redemption
FIVE PER CENT INTEREST WILL BIZ
PAID IN COIN, on Bonds Of not over one
hundred dollars annually and on oil other
Bonds rcmi.annunl.y The interests pay
able on the first days Of March and Septcm.
Der in each year,
Subscribers viii receive either Registered
or Coupon Bonds, as they prefer. Register
ed Bonds arc recorded on the books Of the L.
5. Treasurer, and can be transferred only al
the owners order. Coupon Bonds are pay
able TO bearer, and are iuore convc nient for
commercial uses.
Subscribers to this loan will have the option
of having thUir Bonds draw interest in coin
Tor in United States notes, or the
notes Of National Banks, adding fifty per
cen, for premium orreceiye them drawing
Interest from the dass ofSubsription aud de.
post As these Bonds are.
EXEMPT FROM MUNICIPAL
OR
their value Is increased from one to three
per cent per annum, according to the rate
Of tax levies in various rats Of the coun4
try.
At the present rate Of premium ON gold
they pay 2
Over Eight Per Cent Interest. D
in currency, and are of equal convenience
as a permanent or temporary investment,
II is believed that no securities offer so
great Inducements to lenders as the various
descriptions of U. S. Bonds. In all other
forms Of endebtness, the iath-or ability OF
private parties or stock companies or seper-
ute C mmuniticsoulv is pledged for payment
while for The debts ofthe United States the
whole property of the country is holden to
secure the payment Of both principal ard
interest in coin.
These Bonds may be subscribed for in sums
from $50 up to any magnitude, on the same
terms, and are thus made equally available
to the smallest lender and the largest CAPT
%taliist. They can be converted into money
at any moment, and the holder will have the
benefit Of the INTEREST
1t may be useful to state in this connec-
ton that the total Funded debt Of the United
States on which interest is payable in gold,
on the Sd day Of March, 1864, was S7GS, 9s5
600. The interest on this debt for the com,
ing fiscal year will be sis ,931 l26, while the
customs revcnucin gold, OIL t Q 81 day OIL
March 1864, was s7Gs 1855 OO9. The interis
on thii debt for the coming fiscal ear ending
June Both 1861, taaabeep so far ut the rate
Of over 800, 600, 900 per annum.
1t will be seen that ever the present geld
revenaes OF the Government are largely il
excess of the wants of the Treasury for The
payment Of gold interest, while the recent
increase Of the tariff will doubtless raise The
annual ieceip.s from customs on the SAINT
mount of ip'portstious, to $lj0,0oO, on0 pei
annum.
Instructions to tie National Banks act
ing as loan agents were not issued from thu
Uni'ed state Treasury until March rs, buI
IN The first thr.e weeks Of April the fubcript
ions averaged more than TEN MILLIONS
A WEEK.
Subscriptions will be received by the
FRS National Bark of Cincinnati, O.
Third National Bank of Cincinnati, o.
Fourth National Bank Of Cincinnati, o.
First National Bank of Dayton, 0.
Second National Bank Of Dayton, o.
AND BY ALL NATIONAL
BANKS.
which are depositaries Of public money
andall.
RESPECTABLE BANKS AND BANKERS
lehroughtout the country (acting as agents Of
the national Depository Bank will further
further information on application and
AFFORD EVERY FACILITY
TO SUBSCRIBERS.
May l2-3m
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