The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1865-05-17
lsip advertisements,
Interesting Questions and An
swERs RSLArrvr TO THE 7-3o U. S.


LOAN.
Mr.. Jay Cooke, of Philadelphia. who for 80
long time had the management of the pepu
lar 500 million $40 Loan, has just been ap
pointed by Secretary FEssRsDss, the General
Agent ts dispose Of the only popular Loan
new offered for ssis bg the Government, viz;
.hs. asEvRN-THIRTY.'
In entering upon his duties he desires to
answer plainly the large number of questions
daily and hourly propoundod to him. SO that
his fellow -eou ntrymen may all understand
what this "Seven- Thirty Lean is--what are
its peculiar merits.--how they can subscribe
for er obtain the notes. &c. @
lsr Quss1IoN. Why is this Loan called
the aSeven- Thirty, Loanf
ASswsR. 1t bears interest, in currency, at
the rate Of Seven Dollars aud thirty cents,
each year, on every hundred dollars; making
the interest as follows:
One cent per day on each s so note.
Two cents loo Z.
Ten 500 !"
Twenty ceuts~ 900 g
One dollar 5000
aEp ogEsrIor. When and how can they
Be obteined2
Assw1R. They are for sale. at rAR.s and
accrued interest by all Treasuries Ma
tiohaia anu otnor Dsnks, ano All cAnkerS ana
Brokers.
3np ouEsrros. when is the interest paya.
BE aud how can 1t be collected9
ANSWER. The Coupons Interest Tickets are
due 18th Of February and 18th of August in
each year, and eau be cut off from the note,
and will be Dashed by any Sub-Treasurer, U.
s. Depository, National or other Bank or
Banker
ara QeasrIox. When must the Government
pay Of these Z 30sf
AsswKR. They are due in two years and
. half from the 18th OF February, 1868; viz:
onthe 18th of August 1867.
5TH QURsrIoS Must I receive back my
money so soon as 1857
ANswRR. MOI not unless you yourself pre-
fer to do so--the Law gives yoa the right to
aemand from the Government, at that time
either your money or an equal amount at par,
Of the famous and popular 5. 20 Gold Bearing
s per cent. Loan.
6rn QUEsros. How much do you consid-
er this privilege Of conversion, into 20 Loan
10 BE WORTH
AsswER. 5-2os bearing Gold Interest from
1st Of November, are to-day worth per cent.
per ennum. Hthey are worth no more at
the end of tho two. years and half, when
you have right to them, than they NOW are,
this premium added to the interest you re-
ceive, 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 atthat time.
7rH QUESTION What other advantage Is
there in investing the 7-30 Loan7
ANSWER. 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 taxa
fion in various localities. All bonds and
Il. ka1
alsmortgages, dkc., are taxed. not only by the
Government, but by States, countiss and
Cities.
sru QuEsTroE. How does the Government
raise the money to pay the interest, and is
IL safe and sureg
ANSWER. 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
10 pay the interest will be used in paying of
the debt. OuR GovENMEyT HAS TWICE PAID OFF
ALI frs DEBT. and can easily do so again. The
interest is sure to be paid promptly, ana the
debt itself is tho very safest investment in
the world. tits, in fact, First Mortgage on
all lands, all incomes. all railroad and canal
bonds, and bank er other stocks, mort
cages, &c.
Nothing can be safer, for we are all bound
for IL, and all that we have is firmly held fol
the payment Of principal and interest. How
foolish those people are, who keep their gole
and greenbacks idle and locked up. or pur
chase mortgages or railroad stocks and bonds
which psy only or 6 per cent. interest, whel
these Seven- -Thirties pay counting the pre-
mium on Five-Twenties,) over ten per cent
and are so much safer and tuer.
9rH QUESTION. How many Seven Tkirtie
are there, and how much remains unsoldf
AnsHER. There are only about three hun
dred and twenty Eve millions authorized b
Law, and only about.one hundred and ninet
millions remain unsold.
10rn QussrIoN. How long will it take yol
Answer. There are about 500 Nations
Banis all engaged in selling them; also
large number of the old banks, and at leas
three thousand private bankers and brokers
and special agents will he engaged IL all part
OF the country in disposing OF them to th
people.
1irH QpRsTlos. How long will it take {
sellthe whole2
AEswER. In less than three months the
will be all sold, and viii no doubt then sell .
q premium. as was the case with the oil
Seven Thirties, the first Twenty Year Loan, an
the Five-Twen.ies.
The above anestions and answers, e ia b
lieved, will give full information II all.
NOT, the General Subscription Agent, or any
the Banks or Bankers employed to sell ti
hoan, will be glad to answer all question
and to furnish the Seven-Thirties IN small
large sums Gas the notes are issued in demon
.inaticns Of $50, 500, $500, 81 600 and $1,000
and to render It easy for all to Subscribe
thus fulfilling the instructions Of Mr. FEssE
DRn, who earnestly desires that the people
the whsle land, (ss we'll as the capitalists
ahall have every opportunity afforded ths
of.cbtaining portion Of this most desirab
investment.
LET NOME DELAY, But SUBSCRIBE 4
ONCE, THRoUaH THE NEAREST REsPol
sIBLE BANK Or BANKERS.
n;ca,lrt;o,,s