Columbia Democrat and Bloomsburg general advertiser. [volume] (Bloomsburg, Pa.) 1850-1866, 1863-05-02
The Best Way to Put Money out
at Interest.

at lut6rest.
The following Information we insert in
our columns for the benefit Of our readers
From The Philadelphia Ledger, March 27.
One of the most surprising things in
the recent conversion of greenback
notes into the popular Five-Twenty six
per cent. Government loan at par, is the
universaitv OF the call. We happened
in yesterday, at tbc Office Of Jay Cook,
who is the agentfo the sale Of these loans,
and the conversion Of the greenbaeks; and
found his table literally covered with or
ders and accompanying drafts Of almost
all amounts, from five thousand to u hum
dred thousand dollars each, and from all
parts OF the Union. The little States Of
Delaware and New Jersey are free takers,
as are also Pennsylvania, New York and
the New England States. But the West
is most especially an active takcr, as well
through her banks as by Individuals
The amount of orders lying before us, all
received during the day, amounted to. .fJ-
teen huadred thouSaUi dollars. With this
spontaneous proffer of money, Secretary
Chase must feel himself entirely at ease,
and will take care to put himself beyond
those money sharpcrs, 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 bro
kers were successful in running up gold to
the discredit Of the Government issues,
this capital was clu:Ched close But as
the policy and measures Of the Secretary
of the Treasury are gradually developed, +,
confidence in the Government and in the
future is strengthened, and holders are
, now anxious TO make their long uncm-
ployed means roductve--hcice the ready
and liberal Investment in the Five Twenty
loans at par. Almost every town and
village throughout the country has indi-
vdual holders of money to larger amounts
probably than ever before at one time, for
f which satisfactory takers cannot be found
Many of those are now investors in these
loans, and tho number of such is likely 10
increase, until the demand shall put all the
7 Government loans on par with, at least,
the loans Of the various incorporated com.
, panies. The country banks are also free
takers for themselves and their customers.
> On the lst of July this Five. Twenty Year
loan will, under the law, be withdrawn.
--BERKs COUNTY, Pa, March 20 1862
o JAY Cook, Esq,
United Suites Loan Agent.
ia SoUTu TTIRD ST. Phil.
It Dear Sir:
l see in you papers that you are sci
, ling for the Government new Loan call
ed Give Twentes." | expect to have
y shortly few thousand dollars to spare
d and as have made up my mind that tht
y Government Loans are safe and good
- and that it is my duty and interest, a
this time, to put my money into them il
:, preference over any other loans or stock
81 l write to get information of you as fol
n lows:
y lst. Why are they called Five -Twen
ties ?
2nd Do you take country money, o
only Legal Tender Notes, or will chec
on Philadelphia, or New York, answe
for Subscriptions
Sd. Do you sell the Bonds at Par?
4th. As | cannot come to Philadel
- phia, how am to get the Bonds u!
9th. What Interest do they pay, ant
I how and when and where it is paid, an'
is it paid in q old or Legal Tenders
e 9th. How does Secretary Chase &c
70 enough Gold to pay this Interest :!
7th Will the face OF the Bonds b
"a paid in G old when duel
sth. Can l have the Bonds payable t
v Beares with Coupons, or registered an
ID payable to my order
9th. What sizes are the bonds T.!
- 10th. Will have to pay the same as
e. now pay on my Railroad or other Bonds
le llth. What is the present debt of tn
" Government, and what amount it is llkel
. to reach if the Rebellion should last
y year or two longer!
18th. viii Secretary Chase get enoug
y from Custom House duties and lnterna
er Revenue, Income Taxes, &C., a., to max
d. it certain that he can pay the lntere
So punctually?
~ I have no doubt that a good many
10 my neighbors would like to take thes
ct Bonds, and if you will answer my questio
" ] will show the letter to them.
ID ELL