The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1865-03-03
Facts About the 7.30s-The Advantages
they offer.

THEIR ABSOLUTE SEcUR1TY.-NearIy |
all active credits are not based ON Gov
eminent securities, and banks hold them
as the very best and strongest investment
they can make. II it were possible TO
contemplate the financial failure of the
Government, no bank would be any safer
II money is loaned on individual notes or
bond and mortgage, it will be payable in
the same currency as the Government
pays with, end no better. The Govern.
ment never has failed to meet engage.
ments, and the national debt is first
mortgage upon the whole property OF the
country. While other stocks fuctuate
from ten 10 fifty, or either greater per
cent, Government stocks are always com.
paratively firm. Their value is fixed
and reliable, beyond all other securities;
for while thousand speculative bubbles
rise and burst, as rule they are never
below par, and are often above.
ITs Liberal INTEREsr.-The general
rate Of interest is six per cent, payable
annually. IAis is seven and .bree-tenths
payable semi annually. you lend on
mottgage, there mus. be a searching OF
titles, lawyers fees, stamp duties and de-
lays, and you will finally have returned
to you only the sane Kind Of money you
would receive from the Government, and
less Of it. If you invest in this loan, you
have no trouble. Any bank or banker
will obtain it for you without charge. To
each note or bond are affixed five "cou.
pons" or interest tickets. due at the ex-
piration Of each successive half-year.-l
The holder Of note has simply to cut off
one of these coupons, present it to the
nearest bank or Government Agency and
receive his interest; the note itself need
not be presented at all. Or a coupon
thus payable will everywhere be equiv
alent, when due, to money. II you wish
TO borrow ninety cents on the dollar upon
the notes, you have the highest security
10 the market 10 do il with. fyou wish
10 sell it, it will bring within fraction Of
cost and interest at any moment. 1t will
be very handy to have in the house.
4 IT Is CONVERTIBLE intoa six per cent.
gold.bearipg bond. AT the expiration Of
three years holder OF the notes Of the 7.
40 Loan has the option of accepting pay
ment in full or Of funding his notes in a
six per cent. gold interest bond, the prin-
cipal payable is not less than FIVE, nor
more than twenty years from its date, as
the Government may elect. These bonds
are held at such a premium as to make
this privilege now worth two or three
orA sAAo ~,
to the interest. Notes Of the same class,
issued three years ago, are now selling a.
: rate that fully proves the correctness Of
this statement.
ITS EXEMPTION FROM STATE OF NUM-
oIpAL TAxArIoN.-But aside from all the
, advantages we have enumerated spe.
. cial Act Of Congress esempts all bonds and
Treasury notes from local taxation. On
The average this exemption is worth apout
two per cent. per annum, according to
the rate of taxation in various parts Of the
country. ... ..
IT IS NATIONAL SAVINGS BANK
While this loan presents great advantages
to large capitalists, II offers special in.
ducements 10 those who wish to make a
safe and profitable investment OF small
savings. 1t is in every way the Savings
, Bank, for every institution Of this kind
must somehow invest ist deposits profta-
4 bly, in order to pay interest and expenses.
. They will invest largely in this loan, as
the best investment. But the gross in.
:, terest which they receive, they must de.
\ duct largely for the expenses Of the Bank
= Their usual rate Of interest allowed to
|, = depositors is per cent. upon sums over
$500. The person who invests directly
!. with Government viii receive almost so
. per cent more. Thus the man who de.
posts $1,000 in a private Savings Bank
receives so dollars year interest; if he
, deposits the same sum in this National
Savings Bank be receives IS dollars
For those who wish to find safe. con.
venient, and profitable means OF iavesting
the surplus earnings which they have re.
served for their old age or for the berefl
Of their children, there is nothing which
. presents so many advantages as this Ma
tional Loan.
The HIGHEST MorlvR.--The war is ev-
y identity drawing TO close; but while it
lasts the Treasury must have money to
meet its cost, and every motive that pat
a riotism can inspire should induce the peo-
pie to supply its wants without delay
The Goveroment can buy cheaper for
o cash in hand than on credit. Lei us see
tha. its wants are promptly and literally
satisfied.
q The MAsrAI FAMILY.-The present
/ Popa is the youngeat Of three living