Connecticut western news., 1898-06-16
HOW TO GET BONDS.
GAGE GIVES INSTRUCTIONS FOR
 PROSPECTIVE SUBSCRIBERS.

Tho Plan Is to Create a Great Popular Loan-The Terms Made Easy For sub-
 seribers of Small sums-oner to He Open One Month Only.
 President Mckinley on Monday sign ed the war revenue bill, and it Is now a law. Immediately upon re- ceipt of information from the White House that the bill had been signed by the president, Secretary Gage issued a circular explaining to the public the proposed bond issue. The following are It's principal features:
 The secretary of the treasury invites subscriptions from the people of the United States for s2oo. .0o0. GOO of the bonds of the per cent loan authorized by the act of congress approved June Il. 1898. Sub seriptions will be received at par for a | period of Si days. the subscriptions being the iiih day of July. issS. The bonds viii De issued in both coupon and registered form. the coupon bonds in denominations of s2O sl00 s500 and sl 600. and the regis tered bonds in denominations of s2O. 500. ssvo. LOO, 5000 and sio.ooo. They will be @ n coa sna S hs ssT psas@le VII the United States after ten years from the date Of their issue. and due and payable The bonds will bear interest at the rate or per cent per annum, payable quar-
 The law authorizing this issue of bonds provides that in allotting said bonds the several subscriptions of individuals shall be first accepted and the subscriptions of the lowest amounts shall be first allotted In accordance with that provision allot- ments to all individual subscribers will be other than individuais. Ali individual sube scriptions for $500 or less will be allotted in full as they are received. and such SllhERrfnfinpS rfa1tG ha gt, fatl lao time the subscription Is made. If the total sum subscribed for in amounts of $500 or less should exceed s2oo ooe GOO. the. alot- ments will be made according 10 the pri- ority of the receipt of the subscriptions. Allotments on subscriptions for over $500 will not be made until after the subscrip- ton closes. July 14 and will then be made inversely according to the size of the sub- scription. the smallest subscription being so on. preference being given to individual subscriptions. Persons subscribing for more than $500 must send in cash or certi- fled checks to the amount of per cent of the sum subscribed for such deposit to be partial payment and to be forfeited to on the subscribers part to make full pay ment for his subscription according to the terms of the circular. Allotments to sub scribers for more than $500 will be made as soon ns possible after the subscription closes.
 ceive in payment of the bonds postoffice money orders payable at Washington and checks, bank drafts and express money orders colleetible in the cities of New York, Boston. Philadelphia, Baltimore. Washington, Cincinnati, Chicago. St. Louis. New Orleans and San Francisco. All money orders and bank drafts must be drawn In favor of the treasurer of the United States. The secretary will also re- celve currency sent by registered mail or by express direct 10 the treasury depart ment.
 In order to avoid a too rapid absorption of funds into the treasury, with a possi- ble consequent evil effect on industry and commerce, any subscriber for more than $500 will be permitted to take his allotment taking the first installment within 10 days after the notice of the allotment and the balance at four equal intervals of 70 days each in four installments each Of 20 per cent of the bonds allotted.
 For the mutual convenience of the sub scribers and the department blank form of letter to accompany remittance has been prepared, and it may be obtained at the offices of national and state banks gem orally. at the several subtreasuties Of the United States. at any money order post office and at any express office.
 The bonds will be dated Aug. l, 1898, and they will be delivered to subscribers free of expense for transportation as soon after that date as possible. The bonds will be accompanied by check for the amount of interest due the subscriber from the date of his payment to Aug. ltlS9S
 tions relative to this loan should be ad- dressed to the secretary of the treasury. division of loans and currency, Washing ton. D. C.
 Ali subscriptions must be received at the treasury department Washington, not iSaS. No subscriptions received after that date and hour will be considered.