Columbia Democrat and Bloomsburg general advertiser. [volume] (Bloomsburg, Pa.) 1850-1866, 1865-02-25
Interesting Questions and An
swers relative to the 7.3O u
s. Loan.


the popular 500 million 2,2O Loan, has
just been appointed by Secretary Fessen.
cen, the General Agent to dispose of the
only popular Loan now offered for sale by
the Government, viz. the "SEVEN-
THIRTY"
In entering upon his duties he desires
to answer plainly the large number of
questions daily and hourly propounded to
him, so that his fellow countrymsn may
all understand what this "Seven Thirty
Loan is-what are its peculiar merits,-
how they can subscribe for or obtain the
notes, &c.
lst Question:. Why is this Loan called
the "Seven Thirty" Loanl
Ans,cer. 1t bears Interest, in currency,
at the rate Of Seven Dollars and thirty
cents, each year,on every hundred dollars;
making the interest as follows
One cent per day on each SO note.
Two cents " 100"
Ten G. " n SOC"
Twenty 1000"
One dollar " 5000"
I'd Question. When and how can they
be obtained ?
Aaswer. They are for sale, at 7ar, and
and accrued interest, by all Sub. Treasur-
les, National and other Banks, and ell
Bankers and Brokers.
Sd Question. When is the interest pay
able and how can it be collected!
AnS,ccr. The Coupons or Interest Tick,
cts are due 18th of February and Is of
August in each year, and can be cut off
frcm the note, and will be eashed by any
Sub Treasurer, U. S. Deposi'ry, National
or other Bank or Banker.
4M Question. When must the Govern
ment pay off these 7.30s!
AnS,oer. They are due in two years and
half from the 18th of February, 1869 /;
viz: on the 18th of August, 1867.
5M QUESTION. Must receive back my
money SO soon as 1867!
Answer. No not unless you yourself
prefer to do so-the Law gives you the
right to demand from the Government, al
that time, either your money or an equal
amount at par, of the famous and popular
$40 Gola Bearing 6 PEI cent. Loan!
5M Question. How much do you con,
slider this privilege of conversion, ia.o .5.2(
Loan 10 be worth
Answer. 5.20a bearing Gold Interest
from lst of November, are to day worth
, per cent. premium. If they are worth M
) more at the end of two years and half
when you have right to them, than the.
j no,c are, this premium added to the inter.
t est you receive, will give you at least II
! per cent. per annum for your money-bu
r the opinion is that they will be wort
more than 9 per cent. premium at thu
8 time.
o TN Question. What other adTantag
. is there in investing in the 7.30 Loan!
}. AnSwcr. 1t cannot be taxed by State
s Counties, or Cities, and this adds from or
- to three per cent. per annum to the net i
1t come Of the holder, according to the ret
d of taxation in various localities. All bond
10 and stocks, except those of the Units
States and all mortgages So, are taze
10 not only by the Government, but by State
m Counties and Cities.
at Sth Question. How does the Cover
4 rnent raise the money 70 pay the inters'
be and is it safe and sure!
AnS.0er. The Government collects,
n. taxes, internal revenue, and duties on i
an ports, fully three hundred millions ca
%. year. This is nearly three times as mu
of as is needed to pay the interest on all
III. debt, and as soon as the war is ended,
set amount not needed to pay the interest '
he be used in paying off the debt. Or G
he ernmem has t,0icc pad off all its debt,a
me can easily do SO again, The interes!
sure to be paid promptly, and the d
,ns itself is the very safest investment in
are world. 1t is as safe as mortgage or
to good farm, and pays better interest.
ted is, in fact, First Mortgage on all Ian
of al incomes, all railroad and canal bon
Mi. and bank or other stocks, mortgages, &
on. Nothing can be safer, for we are
un. bound for it, and all that we have is fri
os. held for the payment Of principle and
bey terest. How foolish those people are,
hat keep their gold and grOenbacks idle
on looked up, or purchase mortgages or =
road stocks and bonds, which pay onl
art or @ per cent interest, when these Se'