Civilian & telegraph. [volume] (Cumberland, Md.) 1859-1875, 1865-02-23
Interesting Questions and Answors relative 10
the 7.30 U. S. Loan.
A. DAiIi.tiREN,
Rear Admiral.

| so long time had the arrangement OF the
popular 500 million $40 Loan. has just beef
apo inted by Secretary Fessenden, the Gene
raj Agent to dispose Of the only popular Loar
| now offered for sale by the Government, viz.
tLe " SEVEN-THlRTY."
In entering upon his duties he dcsirr+ tc
answer plainly the large number of question,
daily aud hourly propouuded to him, so that
his fellow country men may all understand
what this - Thirty Loan" is-what are
its peculiar mcrits,-how they can subscribe
for or obtain the notes, &c.
LIST Q"eHtion Why is this Loan called the
Seven-Thirty' Loan?
Insmer. 1t bears Interest, in currency, at
The rate of Seven Dollars aud thirty cents.
each year, on every hundred dollars making
the interest as follows:
0ns cent per pay on each $ 30 note.
Two cents - = 100 -
Ten " " 800 -
Twenty - | 900 8
One dollar 9! " 1900 e.
oa Question. When and how can they be
obtained?
Ans,cer. They are Tor sale, at pr, AMI
accrued interest, by all Sub-Tfea.uries.
National aud other Banks, ami all Bankers
and Brokers'
81 Question: When is the interest paya-
Die and hcw can it be collected
.las~cr. The Coupon. or interest Tcketa
are due 10Th of February and nth of August
in each year, and can be cut of from this note
md will be cashAd BIZ any ;Sub-Treasurer, t..
!. Depository, National or other Bank or
Banker.
.hh Qrcs,ion When must the Government
pay of these 1905?
Insurer, They are due in two years and
half from the 15th of February, 1850 viz ::
N the 18th Of August, 1867
5M l,,es!ion Must receive back my
money so soon as 1867 ?
Ansrr. M! not unless YOU yourself pre-
fer to do so-,he Law gives you the right It
demand from the Government, at that time,
either your money or an equal amount at p'r.
Of the famous and popular . 20 COLL Bcurt"g
s per rent. LON.
Gh Question How much do you consider
this privilege Of conversion, into 90 Loan
to be worth?
-1nSmer 5.20s bearing Cola Interest from
ist Of November, are to-day worth . per cent.
premium Il t!cy are worth no more At the
md of the two years and half, when you
nave right to them. than til, y no~ are, this
premium added to the interest YOU receive,
will give you ut least 10 per cent per auuun
Tor yoar moncy-sut the opiniua is that thu
will be worth more than per cent prcm.u
It that time.
III q seai,u. What other advantage IL
there in investing in the 100 i.oanf
.in@rer 1t cannot be taxed b. States
Counties, or Cities, and this adds flom one t,
three per cent per aunum to the net incn,ie
t the holder, according 10 the rate of taxa
ton in various localities. All bonds and stock>
Xcept those OF the tnitel States. and ali
Mortgages, &c, are taxed. not only by the
Government, but by States, Counties ano
Cities
Sh Question. How does the Government.
,ai' and sure!
1usrcr The Government collects, b.
taxes. internal revenue, and duties Oh import,
July three hundred millions each year. Tni.
is nearly three times rs much as is needed IT,
pay the interest on all .he debt. and a. suon
as the war is Ell led, the amount not needed t,
pay the interest will be usci in paying OF the
Icbt Our G,.rcrnmcn, has t,ricr pail IF III,
lis cleIt and can easily DO 50 again. The in
tercst is sure to he paid promptly, and tn
debt itself is the very safest investment in the
world. 1t is rs safe as u mortgage on Il good
farm, and pays better interest 1t is in
,iact, FIRST .H,rtguys on all lands Ill incomes
all railroad aud canal bonds and bank or
other stocks, mortgages Ike.
Nothing can he safer for we are all bound
flr it, and all that we have is firmly held for
the payment If principal aud interest How
foo ish those people are, who keep their GOLD
and grcaubacks idle and locked up. or pur-
chase mortgages or railroad stocks and bonds
which pay only . or Gper cent interest. when
these Seven-Thrties pay Counting the pre-
mium on FivesTwenties, over ten per cent.
and are so much safer and surer
9M Question. How many Seven-Thir'ies
are there, and how much remains unsold ?
Ansrer. There are only about three hun,
drcd and twenty five millions authorized b,
law, and only about one bundled and nine,,
millions remain unSnld
1oh Question: How long will it take you
to sell the balance
-tnswcr. There are about 500 Nationa
Banks all engaged in selling them also
large humber of the old banks, and at least
three thousand private bankers and brokers
AN. special agents will be engaged in all part
Of the country in disposing of them to tn,
psople.
1lh Question. How long vii! it take t,
sell the whole?
.Ansrsr. In less than three months the,
will BE- all sold, and will no doubt then sell a
a premium, as was the ease with the oil,
Sevsn-T hirties. the first Twenty Year Loan
and the Five Twentes.
The above questions and answers i: is be
lieved. vii! give full information to all.
not, the General Subscription Agent, or AM
of the Banks or Bankers employed to sell tn
Loan. will be glad to answer all questions
and to furnish the Seven hirties in small o
large sums (ss the notes are issued in derom
nations of $50, 500, $500, $1,000 ans
$4,000 and to render it easy for all to sub
scrbe--thus fulfilling the instructions OF Mr.
Fessenden. who earnestly desires that tn
pco,ae of the whole land, Gas we'll as the eapi
talists, shall have every opportunity afforde,
them of obtaining portion of this most de
sirtIae Investment.
E<'- Let none delay, but Subscribe at one'
through the Nearcs. Rcsposiblc Bank CT