The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1864-08-19
support Your Government.

Our readers will see by announcement
elsewhere that the new United States 80
loan is now befpre the people. The advan-
| tages OF this Ian are ably set forth in the
stirring apr of Sec. Fessenden, printed
on the first pa, this paper, which We ask
our readers to cal lilly peruse.
We can heartily recommend this loan for
many reasons. First, its perfect security
The questions first asked by the man who is
about to invest his money in any scheme is:
Will the investment be sure one2 If |
wish to Withdraw my money at any time can
! do SO without sacrificing part or the most
OF 1t? If this loan is not safe then there can
be no safe investment. Financial men sec
this and hence most business transactions are
: based upon government securities. The
banks throughout the length and breadth of
the land are bying largely Of these securi-
ties. Shrewd business men know well that
there cannot be safer investment than these
government loans: hence these men are sell
ing their railroad. bark aud mining stocks
! and putting the proceeds into government
bonds. An individual TO whom YOU lend
money may die, or practice dishonesty, OF be
overwhelmed with misfortune, and when hi,
affairs are settled YOU receive ten or twenty
cents on the dollar. A savings bank. which
is combination of but few individuals,
may by fire or robbery Or dishonesty be ruin
ed in single day. Some railroads pay q
high dividend now. but are we sure that they
will continue to do so ? One third Of ;hs
railroads pay no dividend, wniie the other
two-thrds, taken collectively, do not pay
half the rate of interest offered by the CO.
eminent. As security for your money. gov
eminent pledges the resources Of 'went;
million of people, and all the public lands,
AID all the vast public revenue from du,ir.
and taxes. What better security could be
asked for ;?
The liberal interest offered should he an
nducement for the people to subscribe freely
to this loan TIE savings bank will pay you
nut five or at most six per cent i7tere>t-gov,
eminent offers ytu seven ana three-t enthS in
erest payable seml-annualiy. Again. if yor
invest in railroad or mining stock, you aye
continually worrying lest the price OF the
stock decline and you lose THEREBY. But
you d., place your money in these govern
ment ,oans. and semi-annuaIlv draw Your IN
teres t. without doubt that eventually your
notes will not only be worth their face but
command high premium. The Na,ion1
Banks and also the cal banks will obtain
these bonds for YOU free Of change ana
pay you the interest cup1n At the end Ct six
months. Should You wish 10 SCI! III" bond
it will bring within fraction OF is cost and
interest at any moment. Ii yon win 70 Dor
row ninety cents on the dollar upon i, vou
have the highest security i'll the market to
do it with Surely TINS is a most convenient
investment, and one which need either cauS"
You trouble or anxiety.
Another advantage worthy of particular
notice is the convertabiity OF these notes IN
to six per cent bonds. At the expiration Of
three years the holder can receive pa,meu.
in full, or change bis notes int tx PER cen.
gold interest bonds, the principal payable in
not less than five or more than twenty y,..,
from It's date. For the last SIX months these
bonds in New York have ranged at eight per
cent premium. If they sell at that figure
now, while we are in the very midst of the
war, who can doubt that they will command
a very high premium when he war is ended
At this ume we will mention but
one more inducrment held GA, Cor the
people to invest in this loan. AZ toaIe
and treasury notes oye eremp'ed tram iara-
lion by special act of Congress. This aud.
about two per cent to their value
An exchange, in concluding an article upo.
this subject, well says:
1.-The secretary of the treasury has been
told that he must buy money a,'hc highest
rate necessary to command il that he should
sell his obligations for what they would
bring, 50 as 10 lead the .lIke,: bat the Sc
Rotary will do no such thing. # Shvio,,,
bought bonds at 80 in August, he wouH ,:.-
nand q concession Of another "a per cont
in September, and twenty In Oscohcr. uu.l
he wonld finally offer to lend only the inter-
est and keep the principal. If government
securities are worth anything, they are rich,
worth all their face calls fer in gold. and the
country is not so poor in spilt or in pur<e
as to submit to any such sacrifice as Shy
lock demands. There is bat limited sup
ply Of money seeking investment at any tine
and the government offers TO ray literally 10,
its use. AZ the rate Of seven and three
tenths per cent per ananm, to say nothing Of
the collateral advantages. it is the stron-es.
borrower IN the market and every feeling OF
interest, as well as patriotism and dutv,
should induce our readers to invest in its
loans
Hiackberries for the Sick and Wounded.
A letter from lady in Washington. labor
ing IN connection with the Sanitary Commits
sion, urges the people to put up in large
quantities blackberries for the use of the sol