Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1865-03-11

subscribe for or obtain the notes, &c.
1st Question: Why Is this Loan called the
Thirty" Loan9
Ansrer. 1t bears Interest, in cdrfeEcy, 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 s 30 note.
Two cents - 100
1en 6O0
1--WE dweHLy d9l,or 5000
2d Question. When and how can they be
obtained2
Aasuer. They are for snle, at par, and
accrued interest, by all Sub-Treasuries, Ma
tional and other Banks, and all bankers and
Brokers.
80 QUostioa. When is.theinterest payable
and how can 1t be collectedl
.Ans,cer. The Coupons or Interest Tickets
are due 10Th of February and 10th OF August
in each year, and can be cut off from the
note, and will be cashed by any Sub-Trea-
surer, L. S. Depository, National or other
Bank or Banker.
4M Question: When must the Govern
ment pay off these 7.30sY
.4nsrer. They arc due in two years and
a half FROM the 18th of February, 1865; viz:
on the 10th of August, 1867.
5M Question. Must l receive back my
money SO soon as 1872
.Ansucr. 40 not unless you yourself
prefer to do so--thc Law gives you the right
to demand from the Government, at that
time, either your money CT an equal amount
at pos', of the famous and popular 5.2O COIL
Bearing per o<a.t. Loan.
9Th Question. How much do you con-
slder this privilege of conversion, into $50
Loan to be worth
! Aas,sG' 520s bearing Geld Interest from
1st OF November, are to-day worth per
cent. premium. IL they are worth no more
at the erd of the two years and half, wp en-
! you have a right to them, than they aoto are,
| this premium added to the interest Y on re-
ccivc. will give you at least 10 per cent per
| annum for your money--but the G pinion is
that they will be worth more than per
cent. premium at that time.
I'll Question. What other advantage is
there in investing in the 7,?0 Loan?
.Ansner. 1t cannot he taxed by States,
Counties, CT Cities, auFt this adds from one
20 three per cent. pr annum to the net in
come of the holder, according to the rate OF
taxation in vatious localities. All bonds
and stocks, except those of the Cnitod States,
and ak mortgages, &c, are taxed, not only
by the Government, but by States, Counties
and Cities.
Sh Question. How does the Government
raise the money to pay the interest, and is
II safe and sure?
1nSrer.. The Government collects, by
taxes, internal revenue, and duties on I'M
, ports, fully three hundred millions each
year. This is nearly three times us much as
is needed to pay the interest on all the debt
and as soon ms the war is ended, the amount
10 ho ntn n
in paying off the debt. Our GOrernment ha
ttrire poid off all its dcbt, and can easily dc
| so again. The interest is sure to be paiC
promptly, and the debt itself is the very
safest investment in the world. 1t is as safe
as a mortgage on good farm, and pays {
better interest. II is, in fact, First -Iort
gage on all lands, ell incomes, all railroad
and canal bonds, and bank or other stocks
| mortgages, &c.
Nothing can be safer, for we are all bount
, for it, and all that we have is firmly heit
for the payment of principal and interest
How foolish those people are, who keel
their gold and grcenbacks idle and lockeC
up, or purchase mortgages or railroad stocks
ana bonds, which pay only or per cen
interest, when these Scyen-Thirtics pay
Counting the premium on Five-Twentles
over ten per cent, and are so much sale
and surcr.
: 9th Question. How many Seyen-Thirtie
are there, and how much remains unsold?
AASGCr. There arc only about three hun
dred and twenty-five millions authorized b,
law, and only about one hundred and ninet
millions remain unsold.
10M Question: How long will it take y0'
to sell the balance
AHSWer There are about 500 Nationa
Banks 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 be engaged in al
parts Of the country in disposing of them tc
, the people.
11M Question. How long will it take tt
, sell the whole
Ans,cer. In less than three months the,
will be al sold, and will no doubt then sci
mt premium, as was the case with the ole
Seven-Thirties, the first Twenty Year Loan
and the Fiye-Twenties.
The above questions and answers, it i
/. believed will give full Information to all
, If not, the General Subscription Agent O
|, any OF the Banks or Bankers employed t.
sell the loan, will be glad to answer al
! questions, and to furnish the Seven-Thirie
! in small or large sums (as the notes ar
issued in denominations of $50 800, $500
$1,000 and $4,000 and to render it cas-
for all to subscrbe-thus fulfilling tn
T instructions of Mr.. FEssENDEN, who earnest
: ly desires that the people of the whole land
G Gas we'll. As the capitalIsts,) shall have ever
:. opportunity afforded them of obtaining
portion Of this moSt desirable Investment.
LET NONE DELAY, But SUBscRmE A
, ONCE, THROUGH THE NEAREST REsPoNslBL
y BANK OR BANKERS.