The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1865-03-09

>, obtain the notes, DC a
1.s Question. Why j. this Loan eall
cd the ''Seven. Thirty" Loaoi f
). Ansper. It bears Interest, In curfen
" cy, at the rate of Seven Dollars and thirt.
cents, each year, on every hundred dol
lars; making the interest as follows: -
One cent per day on each s 90 note
r Two cents 100
: l. Ten -" l." 500 /"
! Twenty /" 4" 1000 !"
One dollar /" i" 5000 q.
; Cd. Question When aud how ca,
they bo obtainedy ...'. $500. .....-.t
ANSWER. They are for sale, at par
and accrued interest, BY all Sub Treasur
. lee, National and other Banks, and 81
Bankers and Brokers. ..-.- -..m..r,-..
: Sd Question. When Is the interest
payable and how can it be collected!
Answer. The Coupons or Interest
Tickets are due 18th of FEBRUARY and 10Th
Of Angus. in each yesr, and can be on,
of from the note, and will be cashed BY
any Sub Treasurer, u. S. Depository,
National or other Bank or Banker.
4h Question: When must the Gov
ernment pay off these 1905?
Ans,Oer. They are due 10 two years
and half from the 10Th Of February,
1865; viz: on the 10Th Of August. 1867.
| 9TH Question. Must l receive back
my money SO soon as 1867?
| Ans,rer No! not unless you yourself
prefer to do so-thc Law gives you the
right to demand from the Governmeu
at that time, either your money or On
equal amount at par, of the famous and
popular $40 Gold Bearing 6 per cent.
Loan.
9Th Question. How much do you con
slider this privilege of co version, int"
5 20 Loan to be worth?
Ansner. 5 EOS bearing Gcli Tntere> /
from LIST of November, are to-day worth
Q per cent primium. If they are worth
no more at the end of the two ye rs ara
half, when you have right to them,
than they now are, this premium added
to the interest you receive, will give you
at least 10 per cent. per annum for your
money-but the opinion is that they will
DO worth more than 8 per cent. premium
ct that time
til Question. What other advantage
is there in investing in the 100 Loan?
Ansuer. 1t cannot be taxed by States,
Counties, or Cities, and this adds from
one to three per cent. per annum to the
net income of the holder, according to
the rate of taxation 10 various localities
All bonds and stocks, except those of the
United States, and al mortgages, &C.,
are taxed, no, only by the Government,
but by States, Counties and Cities.
Sh Question. How does the Govern
ment raise the money to pay the interest,
and is it safe and sure?
Answer. The Government COLLECT
by taxes, internal revenue. and duties on
import, fully three hundred miIlioDs each
asIs needed 10 psy tns'TnsefsSyUu-sHsns
debt, and as soon as the war is ended, the
amount not needed to pay the interest will
be used 10 paying off the debt. Our
Government has twice paid cf'aA its debt,
and can easily do so again. The interest
is sure to be paid promptly, and the debt
itself is the very safest investment in the
world. 1t is as safe as a mortgage on a
good farm, aud pays better interest.
1t is, in fact, First Mortgage on all lands,
all incomes, all railroad and canal bonds,
and bank or other stocks, morta es. &c.
Nothing can be safer, for We are all
bound for it, and all that we have is firm.
ly held for the payment of principal aud
interest. How foolish those people are,
who keep their gold and greenbacks iol
and locked up, or purchase mortgages o.
railroad stocks and bonds, which pay only
5 or 6 per cent interest, when these Seven.
Thirties pay Counting the premium on
Five Twenties,) over ten per cent, and
are SO much safer and surer.
9th Question How. many Seven
Thirties are there, and how much remsins
unsold!
Ansrey. There are only about three
hundred and twenty five millions author.
lied by law, aud ouly about one hundred
aud twenty millions remain uusold.
10Th Question. How long will it take
you to sell the balance?
Answer, There are about 800 Nation.
al Banks all engaged 10 selling them; also
| large number of the old banks, and at
least three thousand private bankers and
brokers, and special agents will be CO.
gagged in all parts of the country in dis
posing of them to the people.
| llM Question. How long will it take
to sell the whole.
Ansuer. In less than three months
they will be all sold, and will no doubt
then sell at premium, as was the case
with the old Seven Thirties, apd FIRST
Twenty, Year Loan, and the Five.Twen
| ties
The above questions and answers, it
is believed, will give full information 10
all. If not, the General Subscription
Agent, or any of the Banks OF Bankers
employed to sell the Loan, will be glad to
answer all questions, aud to furnish the
seven.Thirties in small or large sums
(as the notes are issued in denominations
Of $50, 800, $500, $1,000 IS, 900, and
to render it easy for all to subscribe