Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1898-06-23

ABOUT THE BONDS.
\ HE war loan which is now being
offered Will be sold to subscribers

n
offered will be sold to subscribers
Il at par during the period of subscrip
ton, which ends July IA, 1898 The
method of subscription has been made as
simple as possible Blank forms may be
obtained at every money order postofiee,
and at most of the banks and express
offices, and on these forms is clearly iRdi-
Gated all that it is necessary for the sub
scriber to fill out. The subscriber may
himself mail to the Treasury Department
at Washington the blank form filed out,
together with his remittance covering the
par value of the amount of bonds for
which he wishes to subscribe. That re-
mittance may be in whatever form best
suits the subscribers convenience-in cur
rency, bank draft, check, postofhce money
order, or express money order. The day
the currency is received, or the day the
proceeds are received from the checks,
drafts or money orders, the subscHptioN
will be entered and will Immediately be
gin drawing interest. When the bonds
are delivered, check will accompany
each delivery covering the interest at 3
per cent from the day the subscription is
entered to the LIST of August, the date of
the bonds, and from which date the bonds
is part of the circular issued by Secre-
tary Gage explaining the bond issue:
The Secretary of the Treasury invites SUBJ
scriptions from the people Of the United
States for 200,00000O OF the bonds of the
3 per cent. loan authorized by the act OF
Congress approved June 13, 1898. Sub
scriptions VIII be received at par for
period of thirty-four days, the subscription
being open from this date to o'clock p. m
on the 14tal day of July, 1898. The bonds
will be issued in beth coupon and registered
form, the coupon bonds in denominations Of
$50 500, $500 and 1.000 and the registered
bonds in denominations of 500 500, $500.
$1,000, $1,000 and $4,000 They will be
dated Aug. /, 1898, and by their terms viii
be redeemable in coin at the pleasure of the
United States after ten Years from the date
of their issue, and due and payable Aug l.
1918.
The bonds will bear interest at the rate Of
per cent. per annum, payable qua artery,
the interest on the coupon bonds Will be paid
by means OF coupons, to be attached froHn
the bonds the interest becomes due. and
the interest Oh the registered bonds VIII be
paid by checks drawn to the order of the
payees and mailed to their addresses.
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 for
the lowest amounts shall be first allotted
In accordance with that provision allot-
ments to all individual subscribers will be
made before any bonds will be allotted to
other than Individuals All individual sub
scriptions for $500 or less will be allotted in
full as they are received, and such subScrfp-
tons must be paid in full at the time the
subscription is made. II the total sum sub
scribed for in amounts of $500 or less should
exceed $2OO,0GO,00O the alotments Will be
made according to the priority Of the re-
ceipt of the subscriptions.
AllOtnlentS on subscriptions for over $500
will not be made until after the subscrip-
ton closes, July IA, and will then be made
inversely according to the size Of the sub
scription, the smallest subscription being
first allotted then the next in size next,
and so on, preference being given to indl-
vidual subscriptions. Persons subscribing
for more than $500 must send in cash or
certified checks to the amount of per cent
of the sum subscribed for, such deposit to
constitute partial payment, and to be for
feited to the United States in the event OF
failure ON the subscribers part to make
full payment for his subscription. according
to- the terms of the circular. AHofn9eGts to
subscribers for more than $500 viii be made
as soon as possible after the subscription
closes.
In order to avoid too rapid absorption
OF funds into the treasury, with possible
consequent evil effect on industry and COM
merce, any subscriber for more than $500
will be permitted to take his allotment of
bonds in installments of 20 per cent, taking
the first instaNqnent within ten days after
the notice of the allotment, and the balance
at FOUR equal intervals OF forty DAYS eacM
in four installments each of 20 per cent Of
the bonds allotted. Delivery of bonds Will
be made in instalments as payment for them
is received, and payment must in all cases
be made in full as the bonds are taken The
2 per cent. deposit will apply ON the final
inStallment
For the mutual convenience of the sub
scribers and the department. blank form of
letter to accompany relnittances has been
prepared and it may be obtained at the Offices
Of national and State banks generally, at the
several suDtreasuries of the United States,
at any money order postotfice and az any
express office
The bonds will be dated Aug. !, 1893, and
they will be delivered to subscribers free of
expense for transportation as soon after that
date as possible. The bonds will be accom-
panied by check for the amount of inter
est due the subscriber from the date of his
payment to Aug. 1, 1898.
All remittanceS and other communicate
relative to this loan should be addressed to
the Secretary of the Treasury, division of
loans and currency, Washington, D. c.
All subscriptions must be received at the
Treasury Department, Washington, D. c..
not later than O'Clock p. m, Wednesday.
July IA, 1898. No subscriptions received af-
ter that date and hour will be considered.
l.. J.. GAGE, Secretary.