Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1863-02-04
From the Southern Enterprise
Are Confederate Bonds Safe and Ero'
fitable Intestment!

fitable Investment!
have been asked by several persons what
III think of Confederate eight per cent Bond,
as safe and paying investment? ALLOW
me, in your paper, to say few words, which
if needed, may help the Government, and al
the same time put money in the pockets q
those among US now investing funds. / think
Confederate Bonds eminently safe, but sue.
cess as Government is now only.a question
of time. have never believed in short
war-nor do at present see reasons for be
lieving it will terminate for eighteen months,
or even year longer than that. But our
6nal success is now sure. If we succeed,
Confederate bonds are the best investment
anv one car have, besides measures will
soon be taken to add State endorsements to
the, Confederate debt.
If so, new bonds will be eissued thus endors'
ed, and these bonds #il be offered finally
in exchange for the present per cent'. In
such an exchange, the present bonds will be
worth from fifteen to twenty per cent. above
psi'-so that if tie guaranteed bonds are sold
to ether parties for fifty per cent. premium,
they will be sold to those having the eight
per cent. bonds at thirty tothirty-fve. Under
snch circumstances, one who now buys Con-
tolerate eight per cent. bonds, will get for
them not onlv an interest of eight per cent.
but also in two years premium of fifteen or
twenty. Adding this to the interest, the
owner of these bonds will make or them fif-
teeu-so eighteen per cent. ayear for two years.
and. then, fnschoses, sell t6eut for curren-
cy better thar that he now pays for them ;
or if he prefers, get instead Of them guaran-
teed bonds at less rates than others.
Another inducement to buy Confederate
Bouds is, that as soon as our furrency is pro-
perly improved, land the prospects OF this are
bright the Confederate Government will pay
its interest in specie. And still another rea'
son in connection with this is, that if the
Government pays out specie for interest on
its bonds, it will require taxes 10 be paid in
specie. Those who hold the bonds will have
specie enough from the interest of their bonds
to nav their taxes, but others will have to
buy the specie for taxes, at whatever may
be CHARGE. As long as we hold Confederate
Bonds, we need not be afraid Of taxes pays-
BILE in specie, but those who do not hold them
are constantly in danger.
In what have said above, have gone on
the supposi,ion only Of the value of these
bonds while the war lasts. The very mo-
ment We have peace, their value as co'npar-
ed with others will be greatly enhanced. In
truth, everv other kind Of security will then
90 down, aad these bonds will rise. If We
had peace tomorrow, no one would take less
for Coufera.e bonds than forty to fifty per
cent. premium,
| will be glad at any time to give further
information to any Of my constituents or 9TH
ers. write che above because am salts
fed if the citizens Of this District know the
advantage OF this Investment, large amount
will be added 20 that already contributed.
| trust it will lead many to call on my friend,
Hamln Beasy, Esq, the Agent of the Gov.
ernment, and obtain the bonds. Let all see
to it, too, that they get the bonds which have
the longest time to run. They are by far the
most valuable
JAMES P. BoYcE.