The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-03-11

the interest as fOllowsFes s cn
One cent per day Ou each s 50 note.
Two cents Z" Ice
8: :: g.; 4. !: Q 4: IS; +;
ID Question.
When and how can they be ObtAihed'
Ans'eer. 4er4rs sTa01f
They are for sale, at par, and accrued m
terest, by ali Sub Treasures, National and
other. Banks, and all Bankers and Brokers.
Sd Question:
When is the interest payable, and how
can it be collected!
Anstoer:
The coupons or interest tickets are due
18th of February and I5Sh of August in
each year, and can be cut OF from the note,
and viii be cashsd bylany sub-Treasurer,
U. s. Depository, National or other Bank or
Banker.
4th Question
When must the Government pay off these
7-SOs?
Ans10er:
They are due in two years and half
from the 18th of February, 1885, viz, on
the 10Th of August, 1867.
9th Question:
Must receive back my money as soon as
1882
Answer:
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 $40 Gold bearing
9 per cent. Loan.
9Th Question.
How much do you consider this privilege
of conversion into $50 Loan to be worth
Ans,oer:
5-2Os bearing Gold Interest from lst of
November, are, to-day, worth sper cent.
premium. If they are worth no more at
the end Of the two years and & half, when |
you have a right to them, than they notO
are, thiG premium, added to the interest |
you receive, will give you at least ten per
cent. per annum for your money but the
opinion is that they will be worth more than
per cent. premium at that time.
7t Question
What other advantage is there in invest
ing in the7-SO Loan?
AnSi0er.
They cannot be taxed by States, COun-
ties, or Cities, and this saves you two to FIVE
per cent. on your income, as all railroad
and other bonds, and stocks, mortgages, &C.,
are taxed, not only by the Government, but
by States, Counties and Cities.
9Th Question:
How does the eGOvernmentrAise the money
to pay the interest, and is it safe and sure
Anaoer:
The Government collects, by taxes, inter
nal 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 ss
soon as the war is ended, the amount not
needed to pay the interest will be used in
paying Off the debt. Our Government has
tViee paid Of all her debt, and can easily
do so again. The interest is sure to be paid
promptly, and the debt itself is the very
safest in the world. 1t is as safe as a mort
gage on good farm, and pays better in
terest. 1t is, in fact, a First Mortgage on
all lands, all incomes, slI railroad and canal
bonds, and bank or other stocks, mortga-
ges, &e.
Nothing can be safer, for We are all
bound for it, and ell that we have is held
and firmly bound for the payment of prin-
cipal and interest. How foolish those Peo-
pie are, who keep idle, and locked up, their
gold and greenbacks, or purchase mortga
ges or railroad stocks and bonds, which pay
only or 6 per cent. interest, when these
seven-Thirties pay counting tha premium
on Five-Twentiesl over 10 per cent, and
50 much safer and surer.
oh Question:
How many sevsn-Thirties are there, and
how much remains unsOldH
Ansa0sr
There are only about three hundred and
twenty-five millions authorised by law, and
only about one hundred and ninety mil
lions remain nnsold.
IOth Qasstion.
How long will it take you to sell the bal
snee?
AnsVer:
There are about 500 National Banks al
engaged in selling them also large num-
Der Of the old banks, and at the least three
thousand of private bankers and brokers,
and special agents will be engaged in all
parts Of the country in dispOsing of them
to the people.
liza Question
7 How long will it take to sell The whole
AnsVsr: EBF
In less than three months they viii be
all sold, and viii no doubt then sell at
premium, as was the case with the Old
Seven Thirties, the hrst Twenty Year
Loan, and the Five-Twenties.
The above questions and answers, it IS
believed, win give full information 90 all i
II not, the General Subscription Agent, or
any Of the Banks or Bankers employed 10
sell the Loan, vii be glad 10 answer All
questions, and 70 furnish the ssven-Thir-
ties in small or large sums (as the notes are
issued in denominations Of $50, 500, $500,
$1,000 and S5000), and to render it easy for
all to subscribe-thus fulfilling the instrus-
tions Of Mr.. Fessenden, who earnestly de-
sires that the people Of the whole land (ss
well as the capitalists) shall have every op-
portunity afforded them Of obtaining
portion Of tAis most desirable iavestsSnf.
LEr NONE DELAY, Svr sUBscarss At oxcE.
For Sale and Subscriptions received by
FIRST NATIONAL BANK.
EAsEFnEE. TEzzEsskz.
J. 6. OGDEN, A. G. SANFORD.
Q.akfa~ e-@.iAanf 4