Rensselaer Democrat, Volume 1, Number 11, Rensselaer, Jasper County, 24 June 1898 — Government Out a Million. [ARTICLE]

Government Out a Million.

A well-known banking house made a proposition to the Secretary of the Treasury to subscribe for $100,000,900 of the new bonds at 101. Under the law the bonds must be sold at par and allotted to the subscribers for the smaller amounts first, hence the offer could not be entertained. Subscriptions for S2O bonds or multiples of that amount up to SSOO will be awarded as fast as received.