The united opinion. [volume] (Bradford, Vt.) 1881-1970, 1896-01-10
CALLS FOR GOLD.
New Bond Circular Issued by
Secretary of the Treasury.

Amount Set at 800. 900. 900 to Run Thirty
Years-Dated Year Back and on the
"PopuIar" Plan.
WASHINGTON, Jan. 6. - At midnight
Secretary Carlisle prepared the following
notice, which was issued today:
TREASURY DEPARTMENT.,
OFFICE OF THE SECRETARY,
WASHINGTON, Jan. g.
Notice is hereby given that sealed proposals
will b received at the office of the secretary
OF the treasury at Washington until IL oc oclS
m. on Wednesday, Feb. S, 1896, for the purchase
Of one hundred million dollars (slOO,00O, 0OO) of
United States per cent coupon registered
bonds, in denominations of fifty dollars $3.50
and multiples OF that sum, as may be desired
by bidders.
The right to reject any or all bids is reserved
The bonds will be dated Feb. l. 1895, and be
payable in coin 81 years after that date, and
Will bear interest at per centum per annum
payable quarterly in coin, but all coupons ma
turing on and before Feb. l, 1895, will be de-
tached, and purchasers will be required to
pay in United States gold or gold certificates
for the bonds awarded to them and all inter
est accrued thereon after Feb. /, 1876, up to
the time of application for delivery
| Payments for the bonds must be made at the
D W
or at the United States sub-treasuries at New
York, Boston, Philadelphia, Baltimore, Cincin-
natl, Chicago, St. Louis or New Orleans, or
they may be made at San Francisco with ex-
shange on New York, and all bids must state
what denominations of bonds are desired, and
whether coupon or registered, and at what
place they will be paid for.
Payments may be made by installments, as
follows: Twenty per cent (20) upon receipt Of
NOTES of acceptance of bids, and 20 per cent
t2O) at the end of each 10 days thereafter but
all accepted bidders may pay the whole
amount at the date Of first installment, and
those who have paid all installments pre-
viously maturing may pay the whole amount
OF their bids at any time not later than the
maturity of the first installment.
The bonds will be ready for delivery on or
before Feb. 10, 1896.
Notice is further hereby given that if the
issue and sale of an additional or different
form of bond for the maintenance of the gold
reserve shall be authorized by the law before
Feb. B, 1876, sealed proposals for the purchase
OF such bonds VIII also be received at the same
hme and place, and up to the same date, and
upon the same terms and conditions herein
set forth, and such bills will be considered as
well as the bids for the four (4 per cent bonds
herein mentioned. j. G. CARLISLE,
Secretary of the Treasury
The Loan Will Be popular One"
and the circular which is dated Jan. 6,
gives notice that the government will sell
6l0O, 100000 30-year 4 per cent coupon or
registered bonds dated Feb. 1, 1895, for
which purchasers will be required to pay
In gold coin or gold certificates.
This is the first issue by the present adj
mlnistration of such a large amount of
bonds at one time, all the previous issues
having been for $50, 600, 900 each. The cir
eular also contains an intimation of a
possible further issue of bonds should the
issue or sale of an additional or different
form of bond for the maintenance of the
gold reserve be authorized by the law be-
fore Feb s.
The fact that the bonds will be issued In |
sums of $50 and multiples thereof, and be
payable in installments, is feature which
1t Is believed will make them regarded
with popular favor
The main reason for dating the bonds
back year is said be be in order to give
the public better opportunity to judge
their market value by comparing them
with the gold As issued at that time, so
that their bids can be made to conform
with the market value of these bonds on
Feb l.