The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1865-03-15
Interesting Questions and Answers rels-
tive 70 the 7-30 q. s. Loan.

nj. = LOOhe. o. Philadelphia who for so
lOn- time had The management OF the So
million $40 Loan, has just been appointed
by Secretary Fessenden. the General Agent
10 dispose OF the only popular loan now OF
iered for safe by the Government, VIZ. The
90 Seyeu-thiTiy.r
IL entering upon his duties he desires Il
answer plainly the large number ofQuestions
daily and hourly propoUnded 70 him. so that
rs ielo~-countrymen NAV understand what
ms SeVen-thiry Loan is-what are lis
peOu'-"I merits how they car subscribe
Tor or obtain The notes. &c
IS. PRESTON. Why IS this Loan canes
the Seven-Thirty Loans
Anslcsr l. bears interest. in currency
al Tue tate Of Seven dollars and thirty cents
each year, on every hundred dollars: ma
King the Interest Is follows.
One One cent per day on each : 50 note
Ten " 500 q"
d"e twenty alr.- - LOCO "
3D. Question. When and how can they
be obtaild
AhSioer. They are Tor sale. q; par, and
accrued interest. by al Suo-Treasuries.
National and other Banks anu al Bankers
and Brokers
81. Custom. When is the interest pay
able anu when caa il be collected
AuSlcsr. The Coupons or Interest Tick
els are due 18th OF February and 18th OF
August in each year. and can De cut of
from the note, and Will be cashed bv anv
SuD-IreasIrer, L. ;. Depository, National
or other Bauk OF Banker
Az Question. When must the Govern
meni pay of these 7-3Os
Aasrsr. They are due in two wears and
hall from the 18th OF February. 1865; viz:
on The 10Th oi August, lS61.
5A Question. Must 7 receive back my
money as soon rs lSC7s
AHstceT. N0f not unless Won YOURSELF
prefer 10 do so-the law gives YOU the rtghf
10 demand from the Government. al thai
time, either y0lr money " an equal amount
at par, Of the famous und popular $40
Totd Bsaring6 per- cent Loan
6A Question. How much 10 YOU consul.
er this privilege Of conversion, into $40
Loan 20 oe worth
AaSlcer. 5-20s beasing gold Interest
from lst Of November. are u day worth o
per cent premium. II they are not worth
moro 81 the end OF two years and half
Wneu 1ou have right % them, than thsy
H9e are. THIS premium added 10 the inter
est yon receive, VIII give You ~ least 10
per cent. per annum Tor your mOney-but
the opinion Is that they Will De worth more
than per cent. premium az that time.
IA Question. What other advagtage Is
there in investing IN the 7-3O L0anf
ARSicer. Ii cann0. be taxed by States.
Counties or Cities. and this adds IRON one
10 three per cent. per annum u the net in
come ~ the holder according 10 the rate
Of taxation in various localities. All bonds
and stocks, except those Of the United
States, and all mortgages, Sc, are taxed,
not ouly by the government, but by States.
Counties and Cities.
/ SM Question. How does the government
raise the money TO pay the interest, and Is
IL safe aud sure?
AnSreT. The government collects by
taxes, internal revenue. and duties on i'm
ports, fully three hundred millions each year.
This Is nearly three times as much as Is
needed 10 pay the interest on all the debt.
aud a. soon - the war is ended, the amount
not needed 70 pay the interest will be used
to pay oil the debt O.tl- fOrreumenf has
t,rics pad OF al rs de5f, and can easily do
IL again. Ile interest D. sure 10 De paid
promptly. aAd the debt .tsell Is the very
safest Investment In the world. Il IS as
safe a. mortgage on good farm. and
pays a better interest ], is. IN fact a Firs'
u0rtJage on all lands. an incomes. all rail
road ami canal bonds, and bank Or other
stocks. mortgages. &c.
Nothing can be safe. fJr we are all bound
for II, aud all thai We have is firmly held fo-
tie payment Of principal and interest
How foolish those people are. who keep
their gold AMI greenDac6s Idle ani locked
up, or purchase mortgages or railroad
stocks and bonds, which pay only 5 OF per
cent. interest, when these Seven-Thirties
pay counting the premium on Five-Twe1
ties. over tea per cent, and are SO much
safer and surer.
9Th Question. How many Seven-Thirties
are there. and how much remains unsold q.
ARSlcer. There are only about three
hundred and seventy-ive millions authori-
zed by law and only about one hundred
and ninety millions remain unsold.
lOh Question. How long will IL take you
70 sell the balance,
AnSlrer. There are about 500 National
Banks all engaged in selling them. also q
large number Of the o.d Banks, and al least
three thousand private bankers and brokers
and special agents will be engagp-ed in all
parts Oi tie country "a dlspos.ng OF them 10
The people
---.. I t-'--tN XIV lyL. ~ l4 T. Llhc 10
sell the whOlet
ARStCer. In less than three months they
will be all sold, and Will no doubt then sell
az premium, as was the case WIKI the old
Seven-Thirties, and the first Twenty year
Loan. and the Five-T Twenties.
The above questions and answers. It Ia
believed. viii give f8ll Information 70 all.
L no. the General Subscription Agent, Or
any Of the Banks Or bankers employed 20
sell The Loan, Will be glad TO answer all
questions, and 10 furnish the Seven-Thir
lies in small or large sums a. the notes are
issuel u Denominations Of SO. 500, $500
$1,000 and $. COO and 10 render il easy
FOR all 70 subscriye-thus fulfilling the IN
4 s,ructl0ns Of Nr. Fesssnden. who earnestly
desires thai The psople Of the whole land. fas
well - tie capitalists. shall have every op-
portunitt afforded them of obtaining q pOr-
lion Of this mast desirable iaresfusnl
LET NONE DELAT, But SUBSCRIBE At ONCE.
THROUGH THE NEAREST RESPONSIBLE BANK OR
! BASEERs.