The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1864-08-31
The SeVen-ThIrtIes-W ar e
fhey!

The SeVen-ThIrtIes-W are
they2
We trust that alarge portion Of our read
ers hive pouleTal the Appeal Of Mr. Fes-
seulen, or new Secretary of the Trea sury.
The purp,rt of it is that the people Of the
United States, acting a. boly through
their agent the G)vernment, wish in1ivid-
uals to lend them two hundred millions of
dollars for three years, at seven and three
tcnths p5r cent annual interest, payable
every six months For this they offer
Treasury Notes--that is, in reality, notes
drawn and endorsed by every man in the
country. The loan is wanted for great ma
tional!purpose, to effect which every man,
unless he be traitor at heart il not in act,
is soleninly pledged.
The Appeal is addressed not merely to a
few great capitalists, but also to the many
whose aggregate means constitute the mass
of the wealth Of the land The notes upon
which this loan is asked are from. $50 up
ward Every man who has fiftydelars can
take part in this loan. Apart from patriot
ism and the duty which all owe to their
country, no investment is so desirable as
this.
1t is secure. Every dollar of every man 5
property is pledged for the punctual pay
ment of their interests, and of the debt
when due. The security is increasing III
value. For some years before the war we
were earning l0)0 millions year more than
we spent. During the three years of the
war, owing to the high prices and constant
demand for labor, we have earned more
than ever before. No man who c)uld or
would work has been idle and, except for
the war, We have spent less than before. -
The Total valuation Of the United State
according to the census of 1860, was SIG,
10000, 900, Of which SO, 957 AS, $50 was
in the Loyal States. This valuation, ac
cordlng to the usual rule of assessment, WA.
not more than two-thrirds of the actua
cash value Of the property in the Loya
States during the last ten years was over
l26 per cent, or an average of II 6-l0 pc
cent. per annum. In three years of the WA
we Of the United States have certainl
earned 5000 millions more than we hav
spent apart from the war The cost of tn
war may be set down at 2O00 millions De
ductng this from our net earnings, the peO
pie who are security for this loan are lO0>
millions richer to-day than they were whel
the war broke out ..r.,,
No other investment can be so easily con
vcrtbIe. The man who has Treasury not
for $50. or $lOJ, or $1,000, can turn it int,
money more readily. and upon better terms
than It it We're invested upCn bond an,
mortgage, or i'll railroad stocks. ...
Tie interest 0Eee /. hilher than ca
g raa!iz ID rom any her safe and convert
i5'e investment. 1t is, moreo 'cr, readil
cnlGctabIc when due To each note are ut
fixed five coupons, or interest tickets, du
at the expiration of each II ccessive hall
/, year The holder Of note has simply t.
cut OFT one Of these COUPONS, present it 4
the nearest bank or Gover III mt Agency
and receive his interest the note itself nee
not be presented at all. Or coupon thu
payable will everywhere be equivalent, whe
due. to money. '.* '... -a.
Thus, Whlle this loan presents great ad
} yantage' to large capitalists, 1t oilers specla
: Inducements to,thoSe who wish to make
, safe and profitable Investment OF smal! say
: ing. 1t Is IN every way the best Savings
! bank tor, every institution Of this k in
| must somehow invest It's deposits profitabl
IN order to pay interest and expenses; The
$ WIZ invest largely IN tins loan, as the best IL
TGstment but from the gross interes
= which they, must DEDUCT largely for the el
: pcnses OF tho bank Their usual rate OF IL
torest allowed to deposltors is per CEN
upon sums over 5000 The person who II
vests directly with the Government will re