American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1865-03-22


pophlar $40 Gold Bearing 6 per cent.
Loor..
9Th Question. How much do you con-
slider this privilege of conversion, into
500 Loan to be worth ?
Apswer 5. 20s bearing Gold Inter
est from LIST of November, are to-day
worth 8 per cent. premium. If they are
worth no more at the end of two years
and half, when you have a right to them,
than they nor are, this premium addedsto
the interest you receive will giveyou at least
10 per cent.per annum for your money
but the opinion is that they will be
worth more than nine per cent. premium
at that time.
I'll Qustion. What other advantage
is there in investing in the 730 Loan.
Ans,oer. 1t cannot be taxed by States,
Counties or Cities, and this adds from one
to three per cent.per annum to the net in
come of the holder, according to the rate
of taxation in various localities. All
bonds and tstoeks, except those of the
United States, and all mortgages, &c, are
taxed, not only by the Government but
by States, Counties aud Cities.
Sh Question. How does the Govern
ment raise the money to pay the interest,
and is it safe and sure?
AnSuer. The Government collects, by
taxes internal revenue, and duties on i'm.
ports, 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 to pay the interest
will be used in payingotf the debt. orr
Government has tpice paid of all It's
debt, and can easily do so again. The in
terest is sure to be paid promptly, and
the debt itself is the very safest invest
ment in the world 1t is as safe as
mortgage on good farm, and pays a bet,
ter interest. 1t is, in fact, First Mort
gage on all lands, all incomes, all railroad
and canal bonds, and bank or other stocks,
mortgages, &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 and
interest How foolish those people are,
who keep their gold and greenbacks idle
and locked up, or purchase mortgages or
railroad stocks and bonds, which pay only
5 or per cent interest, when these Seven
Thirties pay Counting the premium on
Fiye-Twentes,) over ten per cent, and
are so much safer and euter.
9M Question. How many Seven -Thir-
ties are there, aud how much remains un-
sold?
1nswer. There are only about three
hundred and twenty-five millions author
lied by law, and only about one hundred
and ninety millions remain unsold.
l0h Question. How long viii it take
you to sell the balance?
Answer. There are about 800 Natior-
al Banks all engaged in selling them;
also a large number of the old banks,
and at least three thousand private bank
ers and brokers, and special agents will
be engaged in all parts of the country in
disposiug of them to the people.
llh Question. How long will it take
to sell the whole?
Ans,rer. In less han three months
they will be all sold, and will no doubt
then sell at premium, as was the case
with the old Seven-Thirtes, the first
Twenty Year Loan, and the Five-Twen-
ties
The above questions and answers, it is
believed, will give full information to all.
II not, the General Subscription Agent,
or any of the Banks or Bankers employ
ed to sell the Loan, will be glad to ans
wer all questions, and to furnish the
Seven-Thirties in small or large sums
Gas the notes are issued in denominations
of $50, Sl00, $500, 81 900, So ,000,) and
to render it easy for all to subscribe
thus fulfilling the instructions of Mr..
FEssENDEN, who earnestly desires that
the peopie of the whole land, Gas well as
the capitalists shall have every opportu-
nifty afforded them of obtaining portion
of This most dcsiaGis Investment.
LET NONE DELAY, BUT SUBSCRIBE AT
ONCE, THROUGH THE NEAREST REsPoN
sIBLE BANK OR BANKERS.
-. &C.