The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1865-03-10


Ono cent per day on each B SO note
Ten " q" 500"
One dollar " 5000"
I'd QUESTION. When and how can thcy
be o5tninedF .
AnsDrr. They are for sale, at par, and
accrued interest. by all Sub. Treasures. Ma.
tional and other Banks, and all Bankers aud
Brokers. y. .... ...
3D. Question When is tho interest paya-
ble and how can it be collected:
Hnsrer. Tho Coupons or Interest Tick.
cts are due 18th of February and 18th Of
August iD each year, and can bo cut of
from tho note. and will be cashed by any
SubTroasurer U. S. Depository, National
or other Bank or Banker.
4h Question. When must the Govern.
ment pay off these z 30s?.
| .Answer. They ere duo in two yoars and
half fromthe 18th of February, 1868 viz :
on the 18th of August, 1867.
5M Question Must | receive back nv
money so soon as 1867? '.
.4nsWer. No. not unless you yourself
prefer to Go so-the Law gives you the
right to demand from tho Government, at
that timo, either your money or an equal
amount at par, OF the famous and popular
20 Gold bearing 9 per cent. Loan.
6M Question. How much do you con-
s'der this privilege of conversion, into 90
Loan TO TO worth? ... .r ..
.1nsprr. 5-2Os bearing Gold Interest
from lst of November. are to-day worth .
per cent. premium. If they are worth no
more at tho end of the two years aud q half,
when you have right to them, than they
noio arc, this premium added to the interest
you receive, viii! give yon at least 10 per
cont. per annum for your money--but the
opinien is that they will be worth more
than per cent. premium at that timo.
7h Question What other Advantage is
there in investing ip tho 7.30 Lean?
dnscer. 1t cannot be taxed BY States,
Counties, or Cities and this adds from one
to three per cent. per aDnum to the net in.
come Of the holder. according to the rate
OF taxation in various localities. All bonds
and stocks. except those of the United
s ates, and all mortgages, &c, are taxed,
not only BY tho Government, but BY States,
Counties and Cities. . -.
sM Question. How does the Govern
mcnt ralse tho money TO pay the interest,
and is it safe and suro?
.Ansper. The Government collects, by
taxes, internal revenue. and duties on i'm.
ports, fully three hundred million each
year. This is nearly three times as mach
ss is needed to pay the interest on oil the
debt, and as soon as the war is ended, the
amount not needed to pay the interest will
be used in paying off the debt. Our Coz
ernment has toice paid cG all ,ts d,bt. and
can easily do 30 again. The interest is sure
to be paid promptly. and tho debt itself is
tho very safest investment in the world. 1t
is as safe as mortgage on good farm. and
pays better interest. 1t is in fact n FIRST
Mortgage on oil lands, all incomes, all rail
road and canal bonds, and bank or other
stocks, mortgages. &c. ..-
Nothing can be safer, for we arc all bound
for ii, and all that We have Is firmly held
for tho payment of principal and interest
How foolish those people are, who keep
their gold and greenbacks idle and lock ed
up,or purchase mortgages or railroad stocks
and bonds, which pay only or per cent
interest, when these SeveD-Thrties pay
(conntipg the premium on Fivo-Twontics)
over ten per cent, and are so much safer
and surer.
9th Question How many Seven. .Thirties
are there, and how much remains unsold?
.Aaswer. There are only about three
hundred and. twenty five millions author
lied by law, and only about one hundred
and ninety millions remain unsold.
ION Question. How long will it take
you to sell the balance?
.AnsWer. There arc about 800 National
Banks oil engaged in selling them; also a
largo number of the old banks. and at least
three thousand private bankers and brokers
and special agents will DO engaged in all
parts of tho country 10 disposing oc them to
the people.
lin Question. How long will it take to
sell the whole?
.Answer. In less tR4n three months they
will be all sold, and will no doubt then sell
at premium, as was tho case with tho old
Seven.Thirlics.t the first Twenty ear Loan,
and the Five-Twenties.
The above questions and answers, it is
believed, will give full information to ALL
II not, the General Subscription Agent, or
any Of the Banks or Bankers ompioyed to
sell the Loan, will be glad 10 answer all
questions, and to furnish the Seven. Tbir.
ties in small or large sums Gas tho notes are
issued in denominations of $50, 800. $500
$l 900 and $5O0O.) and to render it easy
for all to subscribe thus fulfilling tho in.
structions of Mr.. FEssENDEN. who earnestly