The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-02-25
Interesting Questions and Answer
RELATIVE TO THE
7-30 U. S. LOAN.

nj. Jay COOKE, OF Fhlladelphia, who for so long
time had the management of the popular 500 mil.
lion 20 Loan, has just bsen appoints BY Secreta
ry Fessendt n the General Agent TO dispose of the
only popular Loan now offered for sale bv the Gov.
ernment, viz: The SEVEN THIRTY ~
In entering upon his duties he desires to answer
plainly the large number of questions daily and
trymen may all understand what this az 80 Loan''
49, whst are It's peculiar merits. how they sub
scribe for or obtain the notes. Sc.
lss Question Why is this Loan llled the 1Seven-
Thirty" Loan?
Answer.-It bears Interest, in currency, at the
rate o. Seven Dollars and thir each year. on
every hundred dollars making the interest as fol-
One can't per day on each $ 50 note.
Ten 0sH'' :. !" i Ivy /"
One d dollar 5.OO0
"a Quesnon.-When and now can they be OBJ.
interest, by all SubTreasuries National and other
Banks and all Baakars aud Brokers.
Sd Question-When is the interest payable and
Answer 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 will be cashed
by any Suh-freasurer. u. S. Depository National
or other Bank or Banker.
4tG Question-When must the Government pay
Answsr-ahey are due in two years and a half
fro ths 18th Of February 1865; viz: ON ths 18th of
9th Ques!ion.-Must receive back my money so
on as 1857? - -
AnswerINo' not un,ess your yous slf prefer to
90 tine Law gives you the right to ma nd from
the overnment, at lhae time either ycur nonev or
an equal amount, at par. of tho famous and
9Th Question.-How much do YOU consider this
worth? " We
Answer-5-20s bearing Gold Interess from LAT NJ
November, are, to day, worth per cent. preminm
II they are worth no mora at the end Of The two
years and-a-half, when you rave right to them.
than they are, his premium added TO the
you receive will give you at least 10 per cent rer
annum for your money-bus thu opinion is that thew
VIII pc worth more than per cent. premium at
7th .Quesiion.--What o her advantage is there in
insesting in the 80 Loan?
Answer-rhey cannon be taxed by States Conn.,
ties, or Cities, and this saves you two to Ave per
cent: ON your income, as all railroad and other
Doncs, ana stock ! mortgages. 60, are taxed, not
Cities. '--N
Sth 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 GA imports fully three
hundred miilloDs each year. This is nearly three
times as much is needed pay the interest ON ali
3debt and as soon the is ended the amount
MT needed to lay the interest viii be used in paving
on the debt. Cur Government has taoice paid of
GH hsr debt and can easily do so again. The inter-
est is sure to bs paid promptly, and the debt ifssfs
the very safest invt stment in the werld. 1t is as
safe as mortgage on good farm and DAYS better
interest. It's in fact, First Mortage ON all lands
al incomes. all r,ilroad and canal bonds, bank or
~>-~-
Nothing be safer for we are all bound fo- II.
ana all tnat we nave IL held and firmly bound for the
payment OF princita and interest. How foolish
those people are who keep idle and locked up their
gold and green backs, purchase morages or rail-
road stocEs and bonds, which pay only or 6 per
cent interest when The Ssvsn-fhirties pay (count-
ing the premium; en- Five-Tweniies,) over ten per
cent, and much safer snd surer
9th CUES s on.-How many Seven-T hirties are
there and how much remains unsold.
Answer There are only about three hundred
and twenty five millions au horized by law and only
| one hu odred and nine y,milIions remain unsold
lO.h Quesion.-How long will it take you TO sell
Answer-1here ar about 800 National Banks all
engaged in sci ing them; also large number of the
cid banks and at least three thous and of private
bankers and brokers' and special agents will be en-
| gagged in all paris of the country in dsposing OF
| them to the people. So -
18th Question.-How long will 1t take to sell the
| wboeY -
Arswer.-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 Sevenl hrties the first
Twenty Year Loan, and the iye-Twenties.
ne ABOVE questions and answers, It is believed,
will give full information to all. If not the General
Subscription Agent, or any offhe 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 issued in denominations OF
$780, SlOO $780, 81 CO., and IS COOL and to render it
easy for all to subscribethus fulfilling the instruc
ions OF Mr. FEssENDEN, who earnestly desires tina.
the People ofthe whole land las well as the capital
lists snail have every opportunity afforded them OF
obtaining portion ofTHIs MOST VALUABLE INVEST.
| MENT. y
LET NO ONE DELAY, BUT SUBSCRIBE AT ONCE
| THROUGH The
First National Bank,
PORTLAND. ME.
Feb l6-d&w2-v