Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1864-08-16
The Seven-Thirties are thou


the war has restored to their rights
The Seven-Thirties are thew
We trust that a large proportion Of opr r.,J
ees have pondered the Appea of Mr.. Fe,,cr,
our new Secretary Of the Treasury. The Dgr...,
OF It's that the People of the United State. ..,
ing as body through their agent the Gay.,r
ment wish individuals to lend them tu,l,,
dred millionsIof dollars for three years. at ,-,.,
and three-tenths per cent. annual interest n,,.
bic every six months For this they offer ink.
ury Notes-that ia, in reality, notes dr,eo..,a
endorsed by every man in the country. The ,,,
IS wanted for great national purpose, 10 e8.c,
which every man. unless he be tra.ora, b.r
if not in act, is solemny pledged
The Appeal is addressed not merely to ..
great capitalists, but also to the many whose ,,.
greg4te means constitute the mass OF the us...
Of the land. The notes upon which this loan.
asked are from $50 upward. Every man a.
has fifty dollars can take part in this lo,n Ao.a
from patriotism and the duty which al ow.g
their country, no investment is so desirable a..
this.
It is secure. Every dollar Of every man Mo.
perry is pledged for the puncul paymen. 81, .a.
interest, and of the debt when due The security
is increasing IN value. For some years before n.
war we we're earning 1000 millions Year u.r.
than we spent. During the three years Of
war owing to the high prices and constant lem4.
for labor, We have earned more than ever before
No man who could or would work has been NJ
and except for the war we have spent es, /. o.
before. Ine total valuation a. the property .
the United States, according to the cenSu. Of lsG.
was $40, l59,000000, Of which Sl09j7i4s,9j6
was in the Loyal States This valuation, ac, cd.
log to the usualru Of assessment, WAS not ma.
than two-thirds Of the actua cash valua Of %.
property. The increase Of property in The l9i
States during the last ten years was over l26 M
cent, or an average of u 6.l0 per cent. per- 4
num. 10 three years Of the war we Of the Z ..r
States have certainly earned 5000 million, u0n
than We have spent apart from the war. The -l,
of the war may be set down at 1000 IN gr.
( Deductng this from our net earnings, the Prog
who are security for this loan are 1000 mr
richer to-day than they were when the war bf.s.
out.
No other investment can be so easily couyet
Die. The man who has Treasury note for
or 500, or $1,000, can lura il into money more
readily, and upon better terms, than If ii ser.
invested upon bond and mortgage or 10 rAilra4.
stock.
The interest offered is higher than eau be ,s4
ICED from any other safe aud convertible iuye.
msnt 1t is, moreover, readily coheciable vhe
due. To each note are affixed five coupons.
or interest iiok,ts due at the expiration of e4c
successive half-year. The holder Of note hl
simply to cat off one Of these coupons, preseu.
at the nearest bank or Government Agency, aa
receive his interests the note itself need uo,
presented at all, Or a coupon thus payable wi
everywhere be equivalent when due, to money
Thus, while this loan presents great advnag.
to large capitalists, it offers special induoemea
to those VINO wish to make safe and prof tao
investmen, Of small saving. It is in every vs.
the best Savings Bank for every Institution
this kind must somehow invest its deposit. prof
ably in order to pay interest and expenses Th,
will invest largely in this loan as the best inye,
meat. But from the gross interest which th.
receive they must deduct largely for the expena
OF the Bank. Their usual rate Of interest aove
to depostors is per cent. upon sums over 500
The person who invests directly with Govemme.
will receive almo.t SO per cent. more. Thu, Cd
man who deposits $1,000 in private Sayug
Bank receives 30 dollarsa year Interest; il be ii
posts the same sum 10 this National Savings Bir
be receives 10 dollars. For those who wish
hnd safe, convenient, and profitable means
investing the Ius earnings which they hl,
reserved for their old age or for the benef,
their children, there lie nothing which presents &,
many advantages as this National Loan.
lis convertible into six per cent gold.beli
ing bond. At the expiration of three years
hsdet Of the notes Of the 7.3O loan has the optic
Of accepting payment in full or of funding b.
notes in six-per cent gold interest bond, ID
principal payable in not less than five nor moi
than twenty years from its date as the Govern
ment may elect For six months past, thes
binds have ranged at an average premium o.
about eight per cent. in the New York mlrSe,
and have sold at 100 to-day (Aug, l2.h), ihu
making the real rate of interest over ten per cent.
aud besides, to make the inducement even greater
Congress by special act exempt, its Trea,ur
notes from stated and municipal taxation. Coal
Shylock ask more' Was patriotism ever so no
orally rewarded. p ifarpers Magazine.
|
Promotions in the LIST Vermont Cavalry
(antain II NJ pace n a. h,s b.a. ~, u