Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1863-05-15

OFHCE OF JAY COOKE, Subscription Agent, at u
Office OF JAY Cooke x Co Bankers, Haas. Sd st.

r PHIAADELPmA March 28 1868
DEAR SIR Your letter the '29th inst Is received
and Twill cheerfuliy give you the Information desired
/ BY answering your questions in due order.
t-lst. These Bonds are caleo-4FiVs Twenties'' be
redeemed by the Government in Gold any time after
flee years Many people suppos that thr interest is on
ly 20 loo per eeat-this is mistake they pay six
per cent Interest. 81 va- - ssasl =. s.zsf
3D. Legal Tender notes. or claacs upon PbiIadelpIa
or New York th It will bring Legal Tenders, what
the Secretary allows me 70 receive-no doubt your
nearest Bank will give you a check Legal Tenders
your country funds.
sla I. The 7, gepas asas9!a e interest," tesqp;
4th havefrIdt afrafig eTnelits With your nearest
Bank or Banker, who VIII generally have the Bonds
hand, Il not, you can send the money to me by Ex-
5tE sIdelBSh1i paysix per cent. inberest IN aotD
Nay and November, at the Mint in Philadelphia or at
any Sub Treasury in New York elsewhere. If you
have Coupon Bonds, all you have to do is to cut the
self or give t % yoIar ss f0f coeeon Il YOU have
Registered Bends, you give your Bank power OF
attorney to collect The interesttor you. q ai W.
9th. The duties on imports Of all articles from a.
broad be paid eeLD aud this is the way Secre
tary Chase gets his goid it Is now being paid into the
treasury at the rate OF Two Hundred Thousand Dollars
tbe tlei int sS Il & uch es oY
7th. Congress has provided that tho shall be
8th Youaoan have either Coupon Boads pavabJs a.
the bearer Registered Bonds payable to your order
-tho latter isfas ann So so66ss an 10 60S,s
1oth No You will not have psnay any takes on
these Bonds if your income on them does not exceed
on all aboye $500 you VII only hRYe to pay
onc-lan as much Inc0faa Tax q II gar node sVas
vested in Mortgages, other Securities. consider
the CfOvernmen Bonds as first Of dlal other Bonds
are txed os 45drter per cent to pay interest on the
5overnment Huds, and the Supreme Court Of the Uni-
ted States has just decided that State 0r City,
County can tax Government Bonds. r7aF gF =
1lth. The present bonded debt of the United States
is less than THREE HUNDRED MILLIONS, including sew
en- and threetenths Treasury Notes; but the Govern
meat owes enoughmore the shape of Legal Tendefs
deposits IN the sub rreasur 81
ness &c, TO lcrease e de1f 10 .41eu set EN- tpt
hundred millions. Secretary Chase has calculated that
the debt may reach one thoHsand seven hundred mil
lionsi if the eb alion lasts eJShteen m0nths OBger,
IT'S oWcveE faelieyea neY t4at i Ffl epot last sE
months onger-but it does, our NatlOEat Debt
Will be small compared with that Great Britain
France, whilst our resources vastly sgFeater-
18th have doubt t1nt the revenue viii not only
be ample TO the ordinary expenses OF the Govern
ment and all interest the debt, but leave at least
one hunaEed millions nHaiy gtoHaE 4 Riug ~ thsk
debt. and that Tie GoveFnment vill be bls 10 get OUT
ofdebt again as il has eore-fn years AZ
the close OF. the war tfl5 tEfss,.5 H+tSes 4
hope that an those who have money viii Rt encepur
chase tn Sc FiveIwenty Year BOndsFsT rghtt0 de-
mand them Tor legal tenders viii end the frstof J1
~, 1865, per the following aHthorzed notNas sss