Delaware State journal and statesman., 1863-04-30

o.. 9Mce of lAYceeKr, Subscription a. 'mai
ohfe Of JAY LupHE a Co, AdHk.is, 40 $, Iliird 81
btar Sir.
luur letter of the 10th inst. is received, AMI /
will chcerfully give you the information desired
by answering your questions in due order.
LIST These Bonds are called =" Five Iwenties
because, while they are TWenty year Bonds, they
m0y he redeemed ty the Government in COLI
NJ my time after fre years. Many people SUI
pose tlat the Interest ~ on, go per cent. TIM
is mistake; they pay Six per cent Interest.
Ind Legal Tender notes or checks upon Philp'
lelphia or New York that will bring Legal Ten
ders, are what the Secretary allows NE to re-
ceive. No doubt your nearest Bank will give you
check or Legal Tenders Ter your county
funds.
3D. The Bonds are sold at PAN, the Interest
10 commence the day you pay the money.
ath. ! have made arrangements with your
nearest Bank or Banker, who will generally
have the Bonds on hand II not, you cuu send
the money to me by Express, anu will send
hack the Bonds free Of cost
9th. The Bonds pay Six per cent, Interest ia
GoLp, three per cent, every six months, on the
first day OF May aud November at the Mint in
l'hihdelphi', or at amy Sub-'Irensury in New
York or elsewhere. II you have Coupon Bonds
all you have to do is to cut the proper Coupon
Oif each six months, and collect it yourself ul
gistered liouds, you eau give your Bank Ia now
or Of attorney 10 collect tue interest Tor you
t'lh The duties on imports of all articles from
abroad must be pnid in GoLD, aud this is tbs
way Secretary CHASE gets his gold. Ii il nov
/ being paid into the Treasury nj the rate Of I've
! Hundred Thousand Dollars each day, which J..
twice Us much as he needs To pay the Interest in
Gold.
7,h. Congress- has provided Tint the Bond,
shall be pAiu IN GOLD when due.
] Sib You can have either Coupon Bonds pay
Hhle t. the Bearer, or Registered Bonds payable
iu your order.
NH The former ave in Sos, l0O's, 500s aud
| lUOO s,-the hitter in same amounts nlso S5O0O's
mud $40 900
10Th. No You will not have to pay any taxes
Oh these Bonds il your income fran them doe.
not exceed 5000 aud on all above 5000 You will
only have 10 pay one-half as much Income Tax
as II your money was invested in Mortgages or
other Securities. consider the Government
Bunis as FIRST of dR--a other bonds ure taxed
oHe-qaart.r par cent To pay the Interest IN the
Government Bonds and the supreme Court Of
the United States has ust decided that no state,
or CITY, Ut County can tax Government Bonds.
| lth The present bonded debt Of the Unuel
Shies is less than TuREE nUNpREp millions,
including the seven mud threaten Treasury
| MOTIFS but tile G0vernment owes enough more
| w 'hr hhhpe OIL Legal Iehdtr7, Deposits IN The
Snl-Treasuries Certificates Of indebtedness. &c
To increase the debt tn about eight ur nine hun.
dred millions. Secretary Chase Inns calculated
that the debt may reaeh one thousand, seven
hundred millions, If the Rebellion lasts eighteen
months longer, It il, however, believed now TINT
it will not lust fix munlhs longer; hut even if it
does, our National Debt will 10 email compared
with TINT of Great Britain or France, whilst our
Resources mrs vastly greaer.
l2lh. have no donbt that the revenue will
not only be ample 10 pay the ordinary expenses
OF the Government and all Interest gu the debt,
but lave at least one hundred millions annually
toward lying of the debt and that the Govern
inent vail lie able to get out OF debt again as it
has twice befVre-in n few years afier the close
Of the war.
hope that all who have idle money will Mt
once purchase these Five-Twenty Year Bonds.
The right to demand them for Legal Tenders will
end On the first day of July, 1868.