The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1865-03-29
8elp aobsrtisentents, ,
Interesting Questions and An
swERs RELATIvE TO THE $50 U. S.
LOAN.

Mr.. Jav Coaks, of Philadelrbia. who for SO
long a time had the luanagement of the pepu-
lar 500 million 20 loan, has jus. been ap
pointed by Secretary FEssESDEs, the General |
Agent te dispose of the only popular Loan
now offered for sale by tbs, Government, viz: |
the uSEVRN-THI2rY.p
In entering upon his duties he desires to |
answer plainly the large numbsr Of questions
daily and hourly propeundod to him, so that
his fellow-conutrymen may all understand !
what this 'ssever- Thirty Loan" is-what are !
IT'S peculiar nerits,-how they can subscribe
for or obtain tie notes, SC.
fsr QrRsrrns.- WHY is this Loan called |
the s.ssven- Thirty Loansgs
ASswsRy Itateers interest, in currency, at
the rate of Seven Dollars and thirty cents,
each year, on every hundred dollars; making |
the interest as follows:
One cen. per day on each S so note.
Two cents loo
Ten u 500
Twenty ceutsa 1,V30
ne-aoilar 5000
esD ouRsrros. when and how can they
be obtainedt
Asswgs. They are for sale, at PAR, and
accrued interest, by all Sub-Treasuries, Ma
sional and other Banks, and all Bankers and
Brokers. l4sA = lj
u
BE and how can it be collected
ANSWER. The Coupons Interest Tickets are
due 18th of February and 18th of August in
each year, aud can be cut OFT from the nete,
aud will be eashed by any Snb-freasurer, U.
8. Depository, National or other Bank or
Banker
4rH QUESTION whenm must the Government
pay of these 7-30s2 - Sa
ANSWER. They are due in two years and
halffrom the 18th of February, 1865; viz:
on the 18th of August 1867.
5TH QUESTION. Must | receive back my
money SO soon as 1867
ANswsn.--No! not unless you yourself pre-
fer tondo so 1.-The, Law gives you the right to
demand from the Government. at that time
either your money or an equal amount at par.
of the famous and popular 20 Gold Bearing
per cent. Loan. .sttI
6rH QUESTION. How much do you cousid-
sr this privilege of eonversion, mo 5 20 Loan
to be WORTH
ANSWER. 5.2os bearing Gold Interest from
lat Of November, are To day worth per cent.
per anuum. Kthey are worth no more at
the end Of tho two years and q half. when
you have right to them, than they NOW are
this premium added to the interest you re-
ceive, win give you at least 10 per cent per
annum for your money-but tho opinion is
that they will be worth more than per cent.
premium at that time.
Ira QvRsrIoS. What other advantage is
therein investing the 80 Loaus
ArswER.4 1t cannot be taxed by States,
Counties, CT Cities. and this adds from one to
three per cent. per annuIn TO the net income
Of the holder. according to the rate of Taxa
tion In various localities. all bonds and
stocks, except those of the United States, and
al mortgages, &c, are taxed, not only by the
Government, but by States, Counties and
Cities.
srH QuzsTIox. Hew does the Government
raise the money to pay the interest, and is
It safe and sure2
AxswER. The Government collects. By taxes,
internal revenue, and duties on imports, fully
three hundred millions each year. This is
nearly three times as much as.is needed to
pay the interest on all the debt, and as soon
as the war is ended, the amount not needed
to pay the interest will be used in paying OF
theldebt. Our GoyESsdEETf has TWICE PAID OFF
ALIrrs DEBr, and can easily do so again. The
interest is sure to be paid promptly, and the
debt itself is the very safest investment in
thesworld. It Is, in fact, q First Mortgage on
al lands, all incomes, all railroad and canal
bonds, and hank er other stocks, mort
cages, &cs
Nothing can be safer, FOR we are all boRnd
foris, and all lthat we have is firmly held for
thepayment of principal and Interest. How
fooliab tl,osa ,,aonlas are who keen their cold
.rd rr.a.shscts i,,js nd loc,ed nm a. nsr
"a ~,
which pay only 5 or per cent. interest, when
these Seven -Thirties pay counting the pre-
MUM on Five-Twenties,) over ten per cent.
~. o. - n,..s. - !. ~ Ss. H.. r,,..,a,
sIh ~ sstpI - "a. ''es
are nv lssy
Assmsn s.e ny go ,niso nv - :,
aseq ann ases{ inl,ons =.
,..;.',aas rar,a;,, ,,nsold 80 '.-1' : '-''' =
lflrr o.-rsrroS. How lOpe viii St Jake vor
ke-sell the. .balancef
Banks ali engaged in selling them also !: