The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1865-03-03

Twenty g " 1000
One dollars " 5000 8
Q. When and how can they be obtain
ed
\. They are for sale, at par, and accru-
ed interest. by all Sub-Treasuries, Nation
al and other Banks, and all Bankers and
Brokers.
Q. When is the interest payable and
how can it be collected?
A. The Coupons or interest Tickets are
due 18th of February and 18th Of Au-
gust in each year. and can be cut off from
the note. and will be cashed by any Sub
Treasurer, L. S. Depository, National or
other Bank or Banker.
@. When must the Government pay off
these 7.30s?
A. They are due in two years and a
half from the 10Th of February, 1865;
viz: on the 18th of August. 1867
g Must | receive back my money so
soon as 1867
A. No. not unless you yourself prefer
TO do so-the law gives you the right to
demand from the Government, at that
time, either your money or an equal
amount at par, of the famous and popular
j-20 Gold bearing per cent Loan.
G. How much do you consider this
privilege OF conversion, into 5-2O loan to
be worth
\. 5-2Os bearing gold interest from lst
OF November. are to-day worth Q per cent.
premium. If they are worth no more at
the end of the two years and halt. 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 i, that they will be worth more
than . per cent premium at that time.
g. What other advantage is there in
investing in the 80 Loan!
A. 1t cannot be taxed by states, coun-
ties. or cities and this adds from one to
three per cent. per annumn to the net in
come OF the holder, according to the rate
bonds and stocks, except those of the
United States, and all mortgages, &C., are
taxed. not only by the government, but
by states. counties and cities
9. How does the government raise the
money to pay the interest, and is it safe
and Sure
\. 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
nc"d1d to pay the interest on all the debt,
and a soon is the war Is ended, the
amount not needed to pay the interest will
be used in paying off the debt Our gov
eminent has twice paid off all 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 mortgage on a
good farm, and pays better interest 1t
l.. IN fact. a first mortgage 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
. OF & per cent. interest, when these seven
thlrtles pay counting the premium ON five
twentlcS,) over ten per cent, and are SC
much safer and sllrer.
z. How many seven-thirties are there,
and how much remain mlSold?
\. There are ONLY about three hundred
and twenty-five millions authorized by
law, and only about one hundred and nine
ty millions remain unsOld.
e. How long will it take you to sell
the balance!
a. There are about 500 National Banks
all engaged in selling them also large
number of the old banks, and at least
three thousand private bankers and brok-
ers, and special agents will be engaged in
all parts of the country in disposing Of
them to the people.
Z. How long will it take to sell the
whole!
A. In less than three months they will
be all Sold and will no doubt then sell at
Il premium. as was the case with the old
Seven-thlrtles, the first twenty-year loan,
and the tivc-twcnlies
The above questions and answers. it is
believed, will give full information to all.
If not. the general subscription agent, or
any of the banks or bankers employed to
sell the loan, will be glad to answer all
questions. and to furnish the seven-thirties
IN small or large sums (as the notes are
issued in denominations of $50, $500, $500,
$1,000 and $1,000 and to render it easy
tor all to subscribe-thus fulfilling the in
strnction. of Mr. Fessenden, who earnest
~ desires that the people of the whole
h'h1' Cas well as the capitalists, shall have
every opportunity afforded them of OBJ
lalAIng portion of this most desirable in
vest nent
Let none delay, but subscribe at once
through the nearest responsible bank or
bankers.
The NewburypOrt Herald says that in
1858 there were about six thousand sheen