The Portland daily press., 1865-02-22
Interesting Questions and Answers
RELATIVE TO THE
7-30 U. S. LOAN.

Mr. Jay Cooke, of hiladelphis who for so long
a tine ned tie m management Of the popular 800 mil.
lion 70 Loan, has just been appoint by Sscreta.
ny resent n; the General AGENT o dispose of the
me sew offered Tor ses by the Gov
IN entering uson his duties he desires TO answer
panty the large nnmbsr of questions daily aad
trymen may all understand what th.s ~ so Loan,
49, whit are its peculiar merits. how they can sub
scflee Tor or obtain the notss &c.
lat Question Why is this Dan c alIed the "Seven.
Thirty" Loan?
Answ,r-It bears Interest, in currency, at the
ra e q Seven Doilais and thirty each year. on
lows: '''s a' W ~
One cant per day on each s 80 note,
6 6ss asil., !, g e" 1 sSsS !. |"
tanned? osIa n " ~ " ~
Ans ger;-Ihey are for sale, at par. and accrued
Banks, aud ali Baoksrs aud Brokers.
how cal it be collected?
Answer The Coupons or Interest Tickets ara dine
18th OF February, and 18th of August in each year
ana eaa be cut off from the note, and viii be cashsd
ny any ono- treas1re y. s. Depository, National
4t4 Questien-When must the Government pay
off these 39s? :, r.
Ans V~r,-ihey are due in two years and a half
August, 1867. = - =
9th Queston.-Must receive back my money SO
soon IS 1857? y
Answer.--Not not unless you yours alf prefer to
DO so-the Law gives you The right to demand from
tins Cove IN nent, at thai time, either your money or
an equal amount, at par. of the famous and popular
5-zO cold Bearing per cent loan.
ON Qussslon.-How much do you consider this
privilege of conversion, into $40 Loan. 10 be
worth?
Answer.-5-2Os bearing Geld Iuteres, from LIST of
Eeoyemser, are, to day, worth per cent. premium
II they are worth no mora at the end of the two
years and-a-hslf, when you Rave right to them,
tnan they noao are this mnm added TO the interest
you receive Will give you at least IL per cent per
annum for your meney-but the opirion is that they
hiatt me-
7,h Question-What o her advantage is there in
investing in the 80 Lean?
Answfr-They cannon be taxed by States Coun-
ties or Cities, and this saves you two to five per
GENT; en- your income, as all railroad and other
DoIos and Stock mortgages &C. are taxed not
Cities.
S.h Question,-How does the Government raise
the money to pay the interest, and is it safe and
An'wer.-The Government collects by taxes. in
teTnal revenue, and duties imports, fully three
hundrs millions each year. This is nearly three
times as much as is needed pay the interest all
thedsbF and as the war is ended, the amount
not needed to ay the interest will be used in wing
off the debt. Cur Government has taoice paid OF
lt hsr 6ebt and can easily do so again. The inter-
ests ~ be paid promptly, and the debt itselfs
the very sattss invt stment in the werld. 1t is
safe as mortgage good farm, and pays better
inler-st. Its in fact, First MortGge on all lands
all incomes, all railroad and canal bonds, bank or
otner STOCKS mortgages, &C., &c.
NotniliS can re safer, for are all bound for ii,
and all that we have 5 held and firmly round for the
| payment OF princira and interest. How foolish
those ope are who keep die, and locked up their
COLA and greenbaeks, purchase mortgages or rail-
road stocks and bonds, which pay only or per
cent interest, when he ssven-Thrties pay count
ing the premiums en- Fiye-Twenties,) over ten per
| cent? and much safer and surer. -tL
| 9Th Ques son.-HOw manY Seven-Thirties are
there ana hoy much remains unsold.
answer There are only about three hundred
and twenty-five millions authorized by law and only
one hu odred AMI ninety ;millions remain unsold.
lOth uesion.-How long will it take you to sell
| the balance?
Answer.-Ihere ar about 500 National Banks all
ENGAGED in sci ing them; also large number of the
old banks, and at least three thousand of private
bankers and brokers' apd sIecia agents will be en-
gagged in all paris of the country in dispcsing of
them to the people.
18th .Question.-How long will 1t take to sell the
| wholef
Al swer.-In less than three months, they will be
all sold and sill no doubt, hen sell at premium,
as wssthe case with the old hirties the first
Twfnty- Year Loan, and the Fiye-Twenties.
The above questions and answers, it is believed,
will We full information to all. II not, tbs General
Subscription Agent or any Oft the Banks or Bankers
employed to sell the Loan will be glad to answer all
questors and to furnish the in small
sums, las the no es are issued in denominations OF
$50 300 $780, fl 00i, and S5 600 and to render it
epsy for all to subscrbe-thus fulfilling the instruc
ions of Mr.. FEssENDEN, who earnestly desires that
the People ofthe whole land as veil as the capital
iists snail have every Opportunity afforded them OF
obtaining portion ofTHIs MOST VALUABLE INVEST
MENT.
LErEo ONE DELAY, BUT SUBSCRIBE AT ONCE
| THROUGH gHE
First National Bank,
PORTLAND, ME.
Feb l5-d&w2