Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-10-09
The national Loan opened In vince
ling.

ling.
By an advertisement ia another column
IL viii be seen that Daniel Lamb, Esq,
sgeot Of the Government, will open the
sale Of Treasury Notes 10 this city this
morning. We referred, the other day, to
the fact that Mr.. Lamb had been appointed
agent, and that our people would, in
short time, have tie opportunity TO invest
their cash In something, the equal OF.
which was never before offered by gov
erument to its people. Mr.. Lamb has
shown his faith in the superiority Of the
Investment by his acts. lie invested what
he had 70 spare of his private funds, in
these notes, sometime before he was APP
pointed agent for the sale of them, and
when he had to send TO New York to buy
them, and in addition had to pay high
rate Of exchange. without the ipeouve"i-
enees that attended his own purchase.
our people have now au opportunity at
home, and at much lower rate Of ex-
change, to invest in these notes. We do
not propose TO enlarge upon the value Of
SO doing. We hive already several times
shown what it is to invest in these funds.
Aside from any considerations OF patriot
ism, they address themselves to the most
calculating and saving person in the city
with q force that is as unanswerable as fg
urss. Every man who can cipher out the
interest on q given amount of principal,
can, without hesitation, see ut once that
NO disposition that he can make OF his
cash is so safe, and so remunerntive as the
investment in the funds OF the government.
The Philadelphia Press thus truly sets
forth the advantages which the loan offers
70 subscribers:
"Let rs assume that n person has one
thousand dollars to invest. and desires TO
place Il upon the most secure and most re.
muueFatiVe security. In State, city, cOuu-
~, or railroad bynds, or in bond aud mort
gage, at par, at six per cent, the result
will be $50. Dedueting SIS for ordinary
taxes and 3 per cent iReome tax on this
$50, tbs net income from $1,000 so invest
ed win be exactly S43 20. Or. invest the
thousand dollars in United States per
cent. stock Mt 500, the gross Income nc.
eruing will be sec &C; with per cent. in
come tax and no ordinary tax leyiable up
on this, the net income will be sos &C, on
the Investment OF thousand dollars
But, invested in the 100 treasury notes,
par, the gross income Of $73 will accrue,
aud dedueting 81 10 (hnif income taxi
with no ordinary taxes, the net income will
be 81 80 for each $1,000 Invested, Here,
thea, Is n difference indee,i. Iiy one in
Vostment, net income Of S43 3O;-by nu-
other, OF $50 66;-by the new loan, OF 81
90. We submit that there Is wonderful
Significance and irresistible argument in
plain facts like these Figures OF rhetoric
may lie, but figures Of arithmetic are very
truthful"
These figures as wellns patriotic consid-
erations, should Induce our citizens to
swell the subscriptions We all profess
desire to aid the government. Many Of us
cannot go to the war, but live cannot. and
can render any service with money, We
should do so. How many OF our citizens,
Il drafted, would willingly give fly or
hundred dollars for a substitute Why
not now loan a SUI, on the very best secu-
rity, aud with high rate Of interest, to the
gOyernment7 A man who does not enlist,
and who being able to subscribe to the
loan, does not subscribe, may perhaps be
patriotic. But where is the proof of his
PatriOtism1 What good does the country
receive from lit
Within three months, over 5000 horses