The Portland daily press., 1865-02-24
Interesting Questions and Answers
RELATIVE TO THE
7-3O U. S. LOAN.

Mr. Jay Cooke. of Philadelphia, who for so long
time had the management Of the popular 500 mil.
non ~ Loan, has Just baen appoints by Secreta.
ry Fessend u. the General Agent 10 dispose OF tbe
only popular Loan now offered for sals By the GOV
ernment viz: the ''SEVEN- THIRTY -
In entering upon his duties he desires TO answer
palniy the large number of questions daily and
hourly propounded to him, that his fellow-coun
trymen may all understand what this ~ 80 Loan
is, Whist are its peculiar merits how they can sub
scribe for or obtain the notes, SO.
lst Question Why is this Loan called the "ssvsn-
Answsr.-It bears Interest in currency. at tbo
rate Of Seven Dollars and thirty cents each year on
every hundred dollars; making the interest as fol-
One One cent per day on each $ 50 note.
ONE o%sd dollar " 5 5SoS I"
tanned? W IVY NC W.
Answer-Thay are for sac, at par, and a ,crued
interest, by all bTreasaries National and other
Banks, and all Bapksrs a I'D Brokers'
Sd Question.-When is the interest pavabla and
how can it be collected? ---N
Answer The Coupons or Interest Tickets are dine
18th of February, and 18th of August in each vear
and can be cut off from the note and viii he cssbad
by any Sub-rreasurer, U. S. Depository. National
or other Bank or Banker.
Alta Question -When must tle Government nav
off these 30's? P~9
Ans lgsr,-lhey are due in two wears and hale
rom n9 6Sth OF February 1866 viz on the 18th of
9Th Question s.l Must receive back my money so
soon rs 1881 - -
Answer.-No! not unless you yourself nrs for 70
DO so-the Law gives you The rioht to demand fr ~
theGovernment, at that time either yonr rnona -.
on LIZ ~ par of the famous and popular
o1O GOA 6cGrstg per cent Loan
ON Questlon.-How much do YOU consider tb;s
worth? Lam 70 DC
Answer.-5-2Os bsaring Gold Interes, from ,st Of
November, are, to day, worth per cent. premium.
II they are worth no mora at the end of the t,.o
year. and'a.half, when you have right to them,
min n
you receive, Will give you at least 10 per cent per
annum TOR your money-buf the opinion is that thew
vii De worth more than per cent. premium at
:. I'm CUES ion.-What her advantage is there in
investing in the 80 Lean?
Iswer-Ihey cannot be taxed by States Coun-
ties, or Cities and this saves you two to five ner
cent: on your income, all railroad and other
poDos, and stock, mortgages, Sc !, are taxed not
Cities. oS--'-'' anu
9Th Qusstion.-How does the Government raise
the money to pay the interest, and is it safe and
An,wer.-The Government collects, BY taxes in.
ternal revenue, and duties on Imports fully three
t;os milnons each year This is nearly three
ZINES as much as is needed pay the interest on ali
ths DIT and as soon the is ended the amount
not needed to pay the interest will be used in paving
on the debt. LUr Government has tauice maid or
Gt her debt, and can easily do again The inter
estis SIRE to bs paid promptly and the debt tseifs
the very safest invt stment in the world 1t is as
saIe as mortgage on good farm, and pays better
interest 1t is in fact First Mortgage on all lands
all incomes, all railroad and canal bonds hank or
other stocks mortgages &C., SO.
Nothing can be safer, for we are all hound for IL
ana an That we have Is held and firmly Found for the
payment OF princra and interest. How foolish
those people are who keep idle and locked up their
goid and greenbacks or purchase mortarey or rail.
ROAD stocks and bonds. which pay only or per
cent interest, when the Seven -hirties nav (count
'ns Ihe premiums on Five-Tweniies,l over ten per
cent, and much safer and surer.
9Th CUES son.-How many Seven Thirties are
there and how much remains unsold.
AnaWef.-TheIe only about three hundred
and twenty-five millions authorized by law and onJv
one hundred and ninefysmiliions remain unsold
the balance?
Answer-1here ar about 800 National Ranks all
engaged in sci ing them; also large number of the
old banks, and at least three thous and of pryate
panKels and brokers, and special agents will be en-
gageo IN all paris of the country in disposing of
them to the people.
whole? - ~ -
Answer-In less than three months they will be
all sold and will no doubt, iheu sell at premium
as was the case with the old Sevenl hiries the first
wfnty- ear Loan, and the Fiye-Twenties. siai
ne ABOVE questions and answers, it 10 believed.
Will give full information to all, If not the General
subscription Agent, any of he Banks or Bankers
employed to sell the Loan will be glad to answer all
questions and TO furnish the Seven. Thirtes in small
sums las the NOES are issued in denominations of
SoO SlOO $780, 81 CO., and $5 000 and to render ir
essy or al to subscribe-thus fulfilling the inetruc
IONS OF Mr. FEssENDEN, who earnestly desires that
the People ofthe whole land well as the capital
nsis shau have every opportunity afforded them of
MENT.
LET no ONE DELAY, BUT SUBSCRIBE AT ONCE
THROUGH THE
First National Bank,
PORTLAND, ME.
Feb l5-d&w2~