Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-06-04
u. 1910 BONDS.

These Bonds are issued under the Act Of Congress
March sth 1854 which provides that all Bonds issued
under this Act shall be Exempt from Taxation by
der any state municipal authority, Subscriptions to
these Bonds are received in United States notes
notes Of National Banks. They are to b. Redeemed
in Coin at the pleasure of the Government, at pc
Rod not less than ten than forty years from
their date and until their rede mpton five per cent in.
terest will be paid in coin Bonds of not
hundred dollars annually and on all other.Bon semi
annually. The interest is able the first days Of
March and September in each year.
Subscribers will receive either Registered Coupon
Bonds they may prefer. Registered Bonds are re-
corded the books Of the O. 8. Treasurer and be
transferred only the owners order. Coupon Bonds
are payable to bearer and convenient for
mercisl uses.
Subscribers this loan will have the option Of hav-
ing their Bonds draw interest from March 1s by pay
ing the accrued interest in coin-(or in United States
notes. or the notes Of National Banks adding fifty per
cent for prenium) or receive them drawing interest
from the date of subscription and deposit. As these
Bonds
EXEMPT FROM MUNICIPAL OR STATE TAXATION,
their value is increased from 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 and are Of equal convenience perma-
nent or temporary investment.
II 10 believed that securities offer great induce
mtnts to lenders the various descriptions Of U. S.
Bonds In all other forms of indebtedness, the faith
ability private parties stock companies separate
communities only pledged for payment while for the
debts of the United States the whole property of the
country holden to the payment of both prn-
cpal and interest in coin.
These Bends may be subscribed fer in from $50
up to any magnitude, the terms, and thus
oqnally available to the smallest lender and the
largest capitalist. They ba converted into money
at any moment, and the holder viii have the of
the interest
It NAV be useful to state this connection that the
total Funded Debt of the United States which inter-
payable in god the Sd day Of March, 1864, was
s76s The interest this debt for the coming
fiscal year will be s45 s37 1876 while the customs
ne gold for the current fiscal year. ending June 30th
1864 has been so far at the rate Of s10OOO00
1t will be that the present gold revenues Of
the Government largely in excess of the wants Of
the Treasury fer the payment of gold interest," while
the recent increase Of the tariff will doubtless raise the
annual receipts frem customs on the amount Of
importations, TO 1856, coo, 600 per annum.
Instructions TO The National Banks acting loan
ag nts were not issued from the United States Treasury
unit March &C. but in the first three weeks of April
The subscriptions averaged than Ten Millions
Week.
subscriptions will be resolved by the
First National Bank of Janesville.
First National Bank of Milwaukee, Wis.
First National Bank of Madison, Wis.
And BY all National Banks which depostaries of
Public money, and all Respectable Banks and Bankers
throughout the country (acting agents Of the Ma
tona Depository BanksO win furnish further infors
ton application and afford every facility to subscri
bers. Pima