The St. Cloud journal. [volume] (St. Cloud, Minn.) 1866-1876, 1871-06-29
'..a.sr | FUNDED LOAN or 1854 s r.. CENT
UNITED STATES OF AMERICA
All lNpSe1sD 70 1HI 1sARl1 In 1nE sun OF,

UNITED STATES OF AMERICA
All NDssrsD 70 TIE 1sAR1a IN 1as Sun OF.
........ ......UVLLAR
THIS BOND u Issued IL accordance with the pro-
vmioas VI ~ Att VI Congress ensilleu ''.au Act
authorize tho reluutlnk VI tue AAllvnAI A,uDl, al
proved July II, lo1I &menued BY ACT .sppiOveu
jaiu>fy w. lo'l, aud 10 rsuceAtie ~ tue
H.; Ouatso e.xtos AFTER tue alst dAy Vt lHy, "A.
le4I, IL Coll vi the slAndAaa vxiuo vi .ne UnlIeu
state. III ss4d Jolly II, 1870. with Interest
Coin, IRON ine uw3 tic uAto hel eU " tne rate
SAs III LIN ~ n per Anhum psysv.e quar-
the arst 10y vi u..ry, Nay, l.uxusI aid 40
vsmber, in .sca scar. Ine priav,psl lid .n.sle,,
AtS exempt IrvIN payment Vt ola LAKES les
Vi the Uhl.sa Stats, we'll taxation III any
form, ~ Or unurr eta.s, mun,cIpsi, ivcsi AUTHOR
isy.
WAsRINo5oH, .l6.....
kntsrsd........"...... keeo. dsu.................
Observation-Disclosures.
hsgittse Vi the Treasury.
Registered Binds Wall w l.sued Of she aeno.4pa
TN. Of Wv, %l0O, tsuv 1l.vjv. $a,vvv SlvoQv and
COUPON bVnos Vi each denomination except tho IA.
two. The interest wiil W payable in civ Uni.su
Stsss 1t tue office Of the treasurer aeslgn~tsd
pusatVry u the Government, Quarterly, the drst
days q February. Nay, August. and November. IL
sa<h year.
The 1ntsrsst on the Registered Stock Of this L..n.
paid ~ eonvsnisn,Iy 10 the hois1 ou N. Coupon
ssock, All personai sttenaAucs by proxy, At toe
lEsassrJ. ~ draw snd receipt for the Interest viii
bs disprnsed Nth, Shesever tie check Of the Uste4
atss lSe,swrsr, ssed punctsatiy to tie udtr<ss an"
order Of sosa holder, or tors ere1y guar e'-das, I"
Prete,red to such abundance This check. lsyAble in
Gold Coin ~ tho rrsasur. In New York. .uch otuc
oacs ~ The stock 10 rssistsred 49, will be ns-vll
alt. ~ft
stuck. In pursuance ii this arrani emsut, tho sub
scrbers 10, or purchase Of the Stock In it, register
VI turn', (Which Is y complete protection aS4.n.t
sheft or other iosses Incl ent to Coupon Bonds pay
able to Bsarer) axe advusd to give sheir Po.t-oict
address in full sndto notify OF any change in the 3D.
drsa between quarter days.
The wtsle proceeds Of the ns~ Ion VII bsuggDSls9
ssshs1nonAs q Sasn1 tsos and essess1sxn0 ~ tn
eO1sEesst bonds, and, in addition 70 shsss Pr
essas, The b2s ART now being reduced BY purchas.~
the rate of$lo, ouo,Ooo per mouth.
Tho entire Eject. therefore, Of the New Loan, IL.
connection with the existing Sinking Fund proc.s>
Of the II essur3, to reduce 10th PriucipA and Ii
tsssse of The Public Debt Of the United st.tss I'll
Lsos creates ~ additional supply Of Govevxm<r
Sucks, wolfe the application Of the surplus revsnus
-
- II hss besn deaax for two years past. the 1und.
stocks baarisS III psr cont. Gold Interest.
The !sr Of Nay schedule of the Public Debt, which
has Just bses' Published BY the Secretary of tn.
Treasury, shows reduction 10 thses Stocks since IL.
April schedule Of $l2 100, and further issssnip.
Of the yearly interest charge thereon Of S732eA4.
This leaves the total Yearly interest charge in Col
I'LL pS3 -. In the month The Treasury paiu
and Cancelled $3%;o 900 IT the Three per Cent. Cur
rsncy Dsbt reducing the whole Of this debt bearing
interest to >el and the yearly Interest charg
thereon to Il s7.l7o
The propos Cd further reduction Il the annual IN
terest charge upon the Public Debt BY refunding /.
~ follows:
By exchange Of $500 ,ooo, 900 Uniled States
six per cent for new i've per cents Of
1851 100000
By exchange Of $500 oo0, 900 United States
six per cents for four and . half per
cents of 1866. 100000
By exchange of 500, ooo, 900 United States
elk per cents for four per cents Of 1901 900
Total saving per amman BY rounding @2s. 500 ooO
Tho large and rapid aeeunulstion In NE last fsw
ysars Of private espts. now .strsd hon active brsl