The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1864-08-31
The Seven-Thirties What are They.

We trust that large portion OF our read
ers have pondered the Appeal OF Mr. Fess-
enden. our new Secretary Of the Treasury.
The purport OF il Is that the People OF tie
United states, acting as a body through
their agent the Government wish indyid-
uals TO lend them TWO hundred millions Of
dollars for three years. 1T seven and three
tenths per cent. annual interest. payable
every six months. For this they offer Treas
my Noies-that i. in reality. notes drawn
and endorsed by every man in the country
The loan Is wanted for great national pur-
pose. 20 effect which every man. unless be
Doe a traitor at heart ifnot in act. is solemnly
pledged
Tie Appeal is addressed not merely to
few great capitalists bur also 10 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 ffty dollars can
take part in this loan. Apart from patriot
ism and the duty which all owe 10 their
country. no investment l. so desirable as
Ills
It's secure. Every dollar ofcvery mans
property is pledged Tor the punctual pay
ment Of the interest and OF the debit when
due The security is increasing in value.
For some years before the war We We're
earning 1000 millions "a year more than We
spent. During the three years of the war.
owing 10 the high prices and constant de
mand for labor. we have earned more than
ever before. No man who could or would
work has been idle: and. except for the
war. we have spent less than before The
total valuation of the property of the Uni
ted states according To the census of 1860,
was Sl6. $50 GOO. 600, of which $40. 90. lis
900 WAS i'm the LOYAL states. This yalua-
ton. according 10 the usual rule of assess
ment was not more than twO-thirds OF the
actual cash value OF the property The in-
crease of property in the Loyal States du
ring the last ten years was over l2O pen
cent. or an average of y Clio per cent. pei
annum In three years of the war We q
the United States have certainly earned 3Ool
millions more than We have spent apar
from the war. The cost of the war may b'
set oo"n at -VoV li''''oi's' ''''u' ''',-7 ''''
from our net earnings. the People who arr
security for this loan are lOOOmillions richer
to-day IMAM lheN were "lie' tue ""' o'oN'
out
No other investment eau ~ ~ e'.Siis Gun
Nefliole- Inc hiah WHO nous " ii''9'''
note ior sou OF oloo' oI 4i'"vo' can Jun !
INTO money more Iedui's' anu "l'" 0''''
ieil''S' 'ii'" il u WIZ
anu MOT S"S'7' VI III lam '''''
l"e interest o''''''' - ~ ''''''' ,'''
realized from any Se'o '''" '''i' 81 ''''', -
vestment II Is, moreover. readily collec'
aple Nheh due- 10 each h"1e arr "'iiN'
i've coupons. or t'tefe@ f'c"e'S' que d
the expiration oil each successive nan le'l
The holder oil note has Simply To cut
one of these coupons, present IL al the neal
est bank or Government Agency ana IT
cieve his interest; The note need NOT he pre-
scented at all OR coupon mus p'yaol
will everywhere bc equivalent. when cue
20 money.
Thus while this loan presents great at
vanta@es To large capitalists II olleis spec
ia inducements 10 'h"se VII" VIE" To- ''''N
a safe aud proiiapie investment % 7l'''
savings II Is M every way 'i'e D'7t '7a' III
Bank' lof every "7'''u'lo" "i 'i''9 MI,
must someho" invest lis "ei'osi's Plo''-,''i
n order 10 pay interest anu eNl''is''9' nv
P Will invest largely All 'Hls Iod"' "9 INV ''''
investment bui lro'" 'he @I"sS III '''
winch th'l receive 'h'S must u'''.''' ''.' -
A lof the expenses oi '''' Dam ~
usual rate oi interest ai'o"e" 10 "' e
j. D n'r cent "i'''n sums over SoVV' 81
1is,'' NJ 'V linz, ~ ,,o,. nan,
,..,... .l,,,...;,, - oo,
-.,.,,,.... D..,.i- rocoi,.os IA d.ll...
...a. ;,,oro5,. If be d.no.its the same san
,h;.. No,;onol s,vinc.., Rank be recriv.
- douor. For tbo.e ,ybo wish IN find
..,c. o,,,o,iont and nrotitallo means