Charles City intelligencer. [volume] (Charles City, Floyd County, Iowa) 1864-1866, 1865-03-09


" Seven Thirty" Loan'
Anssner. 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 s6onote.
Two cents 100 "
Ten 81" 500 "
Dws1 sS1,, = q !" sSSS {"
ID Question. When and how can they he
obtained! .r'
Answer. They are for sale, at par, and &C.
crued interest, by all Sub Treasures, National
and other Banks, and all Bankers and Bro
kers. LA .nf 70 a#.frf
3D. Question. When is the interest payable
and how can 1t be collectedi s....s..-se
Anacer. The Coupons or Interest Tickets
are due 18th of February and 18th Of August
in each year, and can be cut of from the note,
and will be cashed by any sub.Treasarer. U.
s. Depository, National or other Bank or
Banker. ".'"
4h Question. When must the Government
pay of these 7.3Os'
Anssc~. They are due in two yean and
half from the 18th of February, 1866 viz.
on the 18th Of August. 1867.
bh Question. Must receive back my mon
ey 30 soon as 1867
Anarer. No! not unless you yourself pre-
fer to do so-the Law gives you the right 10
demand from the Government, at that time,
either your money or an equal amount at par,
of the famous and popular $40 Gold Bearing
6 per cent. Loan.
9Th Question. How much do you consider
this privilege of conversion, into $40 Loan to
be WORTH
Ansscer. 5-20s bearing Gold Interest from
LIST of November, are to-day worth 9per 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 no9 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 be worth more than per cent premium
at that time.
7h Question. What other advantage is there
in investing in the 1907
Ansmer. 1t cannot be taxed by States.
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 taxa
ton in various localities. All bonds and
stocks, except those of the United States, and
all mortgages, SC, are taxed. not only by the
Government, but by States. Counties and Cit.
les. a@' s at
8M Question. How does the Government
raise the money to pay the interest, and is il
safe and sureG
-Ans'rer. The Government collects, by tax.
e., internal revenue, and duties on imports,
fully three hundred millions each year This
10 nearly three times as much AZ is needed to
pay the interest on all the debt, and a. soon
- the war is ended, the amount not needed to
pay the interest will be used in paying OF tho
debt Our Government has trice paid of all as
deI<, and can easily do SO again. The interest
is sure to be paid promptly. and the debt It.
self Is the very safest investment in the world.
1t is as safe as mortgage on good farm, and
pays better interest. 1t 10, in fact, Frst
Mortgage on all lands, ell incomes, all railroad
and canal bonds, and bank or other stocks,
&c. ... .r...
Nothing can be safer, for we are all bound
for it. and all that we have is firmly held for
the payment of principal and interest. How
foolish those people are, who keep their gold
and grcenbacks idle and locked up, or pur-
chase mortgages or railroad stocks and bonds
which pay only or 8 per cent. interest, when
these Seven Thirties pay counting the premi-
um on Five-Twenties,) over ten per cent and
are 70 much safer and surer.
Oh Question. How many Seven Thirties are
there, and how much remains unsoldi
Ansrer. There are only about three hun
dred and twenty five millions authorized by
law, and only about one hundred and ninety
millions remain unsold. ....
iOth Question. How long will IL take you to
veil the balance!
Ansrr. There are about 800 National
Banks all engaged in selling them; also
large number of the old banks, and at least
three thousand private bankers and brokers.
md special agents will be engaged in all parts
" the country in disposing of them to the
people.
iii Question. How long will it take to sell
he whole
4Anssser. la less than three months they
will be all sold, and will no doubt then sell at
premium, as was the case with the old Sew.
,n-1hirties, the first Twenty Year Loan. and
he Five Twenties.
The above questions and answers, it is be-
ieved. will give full information to all. If
not, the General Subscription Agent, OF any |
If the Banks or Bankers employed to sell the |
Loan, will be glad to answer all questions. and |
70 furnish the Seven Thirties in small or large
'ums las the notes are issued in denominations
# $50, 500. $500, 81 900 and 81. 0O0.) and
% render 1t easy for all to subscribe thus full
Hing the instructions of Mr.. Fessendep. who
earnestly desires that the people Of the whole
and, (as well as the captalists,) shall have
Every opportunity afforded them of obtaining |
portion of this most desirable inrestment.
Let none delay, but Subscribe at once,
through the Nearest Responsible Bank or
Bankers.
The flow of gold into the Treasury
through the Custom House evidently
Is not to be stopped by croaking, or
by warfare on the Govern
nent credit or the commerce Of the
The amount of revenue from
customs in January was $3.50, $3.50.
This is the most unfavorable nSnth in
the year, for reasons Connected with
he weather and TIE course of trade. |
Yet, even at itnat rate Of influx of gold,