The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-03-09

They are for sale, at par, and accrued in
tersst, by all Sub Treasures, National and
other Banks, and all Bankers and Brokers
Sd QNsstsOn:
When is the interest payable, and how
can it be collected
Ansloer:
The coupons or interest tickets are due
18th of February and 18th Of August in
each year, and can be cut off from the note,
and wiz be eashed by any treasurer
Q. s. Depository, National or other Bank OF
Banker.
4h Question:
When must the Government pay off these
7-SOsY
Anst0er:
They are due in two years and hall
from the 18th of February, 1865, viz, on
the 10Th of August, 1867.
sA Question:
Must receive back my money as soon as
1852 - .l
Ansr0er
No! not unless you yourself prefer to do
so--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 $50 GOld-bearing
. per cent. Loan.
eth Question
How much dc you consider this privilege
of conversion into $40 Loan to be worth
Ans1oer:
5-2O's bearing Gold Interest from Ist of
November, are, to-day, worth sper cent.
premium. If they are worth no more at
the end of the two years and half, when
you have right to them, than they nOl0
are, this premium, added to the interest
you receive, will give you at least ten per
cent. per annum for your money; but the
opinion is that they will be worth more than
9 per cent. premium at that time.
7th Question.
What other advantage is there in invest
ing in the 7-3O Loan ? sil
AnSl0er:
They cannot be taxed by States, COun-
ties, or Cities, and this saves you two to FIVE
per cent. on your income, as ali railroad
and other bonds, and stocks, mortgages, &C.,
are taxed, not only by the Government, but
by States, Counties and Cities.
sA Question;
How does the Government raise the money
to pay the interest, and is it safe and sure
Ansl0er:
The Government collects, by taxes, inter
nal 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 ss
soon as the warts ended, the amount not
needed to pay the interest will be used in
paying off the debt. Our GoUernment has
tsOice paid of all her debt, and can easily
do so again. The interest is sure to be paid
promptly, and the debt itself is the very
safest in the world. II is as safe IS a mort
gage on good farm, and pays q better in
terest. 1t is, in fact, 8 First Mortgage on
ell lands, ali incomes, all railroad and canal
bonds, and bank or other stocks, mOrtga-
ges, &c.
Nothing can be safer, for we are all
bound for it, and all that we have is held
and firmly bound for the payment Of prin-
cipal and interest. How foolish those peo-
pie are, who keep idle, and locked up, their
gold and greenbacks, or purchase mOrtgs-
gss or railroad stocks and bonds, which pay
only or per cent. interest, when these
seven-Thirties pay counting tina premium
on Five-Twsnties) over 10 per cent, and
so much safer and surer.
eth Question:
How many seven-Thirties are there, and
how much remains unsold?
A,s,,er at1h
There are only about three hundred and
twenty We millions authorised BY law, and
only about one hundred and ninety mil
lions remain unsold.
IOtk Question.
How long will ii take you to sell the ball
anee7
Ansper:
There are about 800 National Banks sll
engaged in selling them also large num-
Der Of the old banks, and at the least three
thousand Of private bankers and brokers,
and special agents will be engaged in all
parts Of the country in disPOsing Of them
to the people.
llH Question
How long viii It take to sell the whOlef
Anseer,
In less than three months they viii be
all sold, and will no doubt then sell ct a
premium, as was the case with the old
Seven Thirties, the 6rst Twenty
Loan, and the Five Twentiss.
The shove questions and answers, it IS
believed, viii give fun Information to al.
II not, the General Subscription Agent, or
any Of the Banks or Bankers employed 10
sell the Loan, will be glad 10 answer all
questions, and to furnish the Seven -Thir-
ties il small or large sums (ss the note are
issued in denominations Of $50, sI09, $500,
$1,000 and S5eeo), and TO render 4 easy for
ali 70 subscribs--thus fulhlliDg the iBstrue-
tions OF Mr.. Fessenden, who earnestly de-
slres that the people Of the whole land les
we'll as the capitalists) ahail have every oP-
portunity afforded them Of obtaining
portion Of tIis most desirable inDestusnL
LxrS Soxs sELavs sur sVascanE AZ oEoE.
For Sale and Subscriptions received By
FIRST NATIONAL BANK.
.Sa& E1.zvrL1r, T1ssr4srz.
J. 9. ooDKS, A.e. aAEFoRD. :