Union County star and Lewisburg chronicle. [volume] (Lewisburg, Pa.) 1859-1864, 1863-04-14
The Best Way to Put n oney out at
Interest.
The following information We insert in
our columns for the benefit of our readers:

our columns for the benefit Of our readers:
From the Philadelphia Ledger, March 27.l
One OF the most surprising things in
the recent conversions IF greeDback notes
iato the popular FiVe,Twenty six per cent.
Government loan at par, is the UNIVERSAL
ty of the call. We happened in. yester-
day, at the Office of Jay Cooke, who is the
agent for the sale of these loans, and the
couvertion of the greenbacks, and found
his table literally covered with orders aud
accompanying drafts for almost all
amounts, from five thousand to hundred
thousand dollars each, aud from all parts
of the Union. The little States of Della
ware and New Jersey are free takers, as
are also Pennsylvania, New York and the
New England States. But the West is
mos. especially an active taker, as well
through her banks as by individuals.
The amount of orders lying before us, all
received during the day, amounted to over
fifteen hundred thousand dollars. With
this sp' ntaneous prefer of money, Secre
tary Chase must feel hin S If entirely at
ease, and will take care to put himself
beyond those money sharpers, whose chief
study is how to profit themselves most
from the troubles of the country and the
necessities of the treasury. There are
millions of dollars lying idle all over the
country, and while the uncertainty existed
as to what Congress would do, and the
bullion brokers were successful in running
up gold to the discredit of the Govern.
ment issues, this capital was elutched
close. But as the policy and measures of
the Secretary of tbe Treasury are gradu-
ally developed, conflence in til Govern.
ment and in the future is strengthened,
and holders are now anxious to make
their long unemployed means productive
hence the read and liberal investment
in the Five-Twenty loans at par. Almost
every town and village throughout the
country has individual holders of money,
to larger amounts probably than ever be-
fore at one time, FIR which satisfactory
takers can not be found. Many of those
are now investors in these loans, and the
number of such is likely to increase, until
the demands shai. put all the Government
loans on par with, al least, the loans Of
the various Incorporated cJmplnies. The
country banks are also free takers for
themselves and their customers. On the
lst of July this F.ve-iweUty Year loan
will, under The law, be withdraw.
-. BERKs Co. Pa, March 20, '63.
JAY COOKE, Z O.,
United States L,aa Agent.
III SoUTu THIRD ST., PHILAD.
Dear 81:
I see by our papers that you are selling
for the Government new Loan called |
"Five-Tweniiss." | expect to have !
shortly a few thousand dollars TO spare,
and l have made up NY mind tht the
Government Loans are safe n good, aud
1t is my duty and interest, at this ,ime,to
put my money into them in preference
over any other loans or stock | write to
get information of you as follows:
LIST. Why are they called "Five-
Twenties
ID. Do you take country money, or
ouly Legal Tender Mites, or ii check
on Philadelphia, or New y rk, answer
for subscriptions?
ID. DO you sell the bonds at Far 3!
ith. As can rot come to Philaiet-
phia, how am to get the bonds?
9Th. What Interest do they pay, aud
how and when and where is it pad, and
IL ii paid iu Gold or Legal Tender? !?
Oh. How does Secretary CHASE get
enough Gold to pay this Inrerest
9Th. Will the face of the Bonds be
paid in Gold when due?
Sh Can | have the Bonds payable to
Bearer with Coupons, or registered aud
payable to my order.
Oh What size are the bonds!
l0.h. Will | have to pay the same
tax on them as [ now pay on my Rail
road, or any 9th er Bonds +!
lllh. What is the present debt OF the
Government, and what amount is it likely
to reach if the Rebellion should last
year or two longer!
18th. viii Secretary Chase get
enough FROM Custom House duties aud
Internal Revenue, Income Taxes, &c. ,&c.,
70 make it certain that he can pay the
Interest punctualiy!
have no doubt that a good many OF
my ueighbors would like to take these
Bonds, ana if you will answer my ques-
tions | will show the letter to them.
Very Respectfully,
S NJ Il.
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