American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1865-02-08
u. s. 7-ao loan.

THE Secretary Of the Treasury gives notice that sub
scrptions will Be receivpd for Coupon Treasury Notes.
payable three years from Aug lsth 1854. with semsn.
cent per snnnmprppnsl and interest both to be psd
in lawful money,
These win be convertible at the option of the
holder at maturity into per cent gold bearing bond
payable less than five nor more than twenty years
from their date, the Government may slect They
will he issued in denominations of s5o $780, $780, 5000
and sSoOo and all subscriptions must be for nifty dos
or some multiple Of fifty dollars
The notes will DO transmitted to the owners free u
transportation charges os soon after the receipt Of the
original Certificate Of Deposit they can be prepared
As the notes draw interest from August is, persons
making deposits subsequent to that date must psy the
interest accrued from ats OF to date Of deposit
Parties depositng twenty-five thousand dollars and
upwards for these notes at any time will be allowed
a commission OF onequarter OF one nor cent which will
be paid by the Treasury Department upon the rseept
bill for the amount certified by the officer with whom
the deposit yas made No deductions for commission,
must be mads from the deposits,
Special Advantages of This Loan.
AN.rIoSsL SAVINGS BAND offering higher rate
of interest than any other and the best security Any
savings bank which pays its dcpostors U. S, Notos
considers that ia paying in the best CIRCULATING medium
Of the country and cannot pay in anything better for
its own either in government securities or in
notes or bonds payable in government paper.
1t is equally eonyeniet temporary permanent
investment. The notes always be sold for within
fraction of their ce and accumulated interest end are
the best security with banks ss coaterss for disounts
capvs rtble into Sig per cent $40 Gold Bond.
In addition to the very liberal interest on the notes for
three years. this privilege Of conversion is now worth
about three per cent per annum for the current rate for
$40 Bonds is not less than nine per cent premium and
before the the premium in six per cent u S. stocks
twenty per cent 1t will be seen that the &C,
ua profit this loan the present marke. rate no,
less than ten per cent. per annum.
Its Exemption from State or Municipal Taxation.
But aside from all the advantages have enumers-
ted special Act of Congress erempts all bonds and
Treasury notes ron laoai tdrdtioa. On the average
this exemption worth about two per cent per annum
oecordng the rate of sxaton various parts Of the
country
ts believed that securities offer great induce,
ments to lenders those issued by the government
In all other forms Of indebtedness the faith ability
Of private parties stock companies or separate COM
munitics ouiy, is pledged fr payment while the whole
property of the country is held to secure this discharge
Of ala the obligations Of the Unied States
While the government offers the liberal terms
fer its loans II believes that the very strongest appeal
will be the loyalty and patriotism of the people
IDUpcats certificates will be issued for eli deposits-
The party depositlng must endorse upon the orgiHal
certificate the denomination Of notes required and
whether they be issued in blank payable to or
der. when endorsed 1t be left with the ofic0r
receiving the deposit be forwarded to tn. Treasury
Department.
sCBscRiraoNs WILL NJ REcEIvgn by the Tressnrsr
the United States, at Washington the several Asssnnt
Treasurers and designated Deposltsries, and by the
First National Bank or
Allegheny City, Pa First Second, aud Third National
Banks Of Pittsburgh Pa, and by all National Banks
which srs depositaries Of public money AMI
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will giTo further information and
AFFORD EVERY FACILITY TO SUBSCRIBERS.