The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-02-23
Interesting Questions and Answer.
RELATIVE TO THE
7-30 U. S. LOAN.

7-30 U. S. LOAN.
Mr. Jay Cooke, of Philadelphia, who for so long
a. ume ~ mad the management of the popular 500 mil
lion 20 Loan, has just been appoints by Secrata
ry Fessend n; the General Agent 10 dispose of the
eminent viz: the "SEvEN-IHIRTY . wv
In entering upon his duties he desires 10 answar
plainly the large number of questions daily n nd
nourly propounded TO him, that his felIow.coun.
irymea may al undersl and what this ~ 80 Loan
49, what are its peculiar merits, how they can su h.
scribe for or obtain the notes SC.
lst question Why is this Loan called the as oven
Answer.-It bears Interest, in currency. at the
rare o. Seven Dollars and thiry cents each year on
every hundred dollars; making the interest as fol-
One cent per day on each S 50 note. 20
Ten :" " 800
One onsd dollar i,SSS /" /"
"a Quesaon.-When and now can tLey be OBJ.
interest by all Sub-Treasures National and other
Banks and all Baoksrs aad Brokers.
how can it be collected? ~
Answer The Coupons or Interest Tickets ara due
10Th OF February. and 18th of August in each wear
and can be cut off from the note and will be casbad
by any Suo-Treasurer. u. S. Depositorv Nationo1
or other ank or Banker.
4tl Question when must the Government nav
> Ans ger,-Ihey are due in two years and half
from h9 18th of February. 1866 viz on the 18th Of
9th Quesion.-Must receive hank INV MONS, 90
sG on SIS 1857? ~
Arswer.-No. not unless you yourself nrf far 70
tbs law gives you the right to demand from
ne Government, at that time either your money or
an equal amount at par, of the famous and ponulsr
o-s ~ G Ssa. Gearing per cent Loan.
otn tluesslon.-How much do YOU consider tb;s
privilege OF Conversion, into 5-2O Loan 70 he
worth? f8 49, ~ N0 i4'an' 70 De
Answers-5-20s bearing Gold Interes. from LET Of
Neovemoer, are, to day, worth s per cent premium.
Ii they are worth no mora at the end Of the two
years and-a-hslf, when you have right to them.
they noac his premium added TO the interest
annum for your tbs OPTION is that tbeg
that time. ~
7th Question.-What her advantage is there in
investing in the 80 Lean? IT
Ans wer-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 stock, mortgages. SO , are taxed not
Cities. = S'' s-'-'' anu
Sth Qucstion.-How does the Government raise
sure? y 80 = $50 anu
An,wer.-The Government collects, by taxes, in.
ternal revenue, and duties on Imports fully three
hundred millions each year. This is nearly three
times as much as is needed pay the intere st on ali
.ns d ana as soon az the war is ended the
not needed to Fay the interest will be used in
on the DEBT. our Government has tacice paid off
Gt her debt and can easily do so again The intar-
est sure to % paid promptly and the debt itsefs
the very safest investment IN the werld. It is as
safe as mortgage on good farm, and pays better
interest It is in fact, First Mortgage on ali lands,
all incomes, all railroad and anal bonds hank or
other stocks mortgages, &C., SC. -
Nothing can be safer. for we are all bound for IT,
and all that we have ia held and firmly bound for the
payment of princira and interest. How foolish
those people are who keep idle and locked up their
gold and greenbacks or purchase morsapes or rail.
road stocks and bonds, which pay only or Der
cent interest, when the Ssven.Thirties pay (count
ing the premiums on Five-Tweniies,) over ten per
cent, and much SAFER and surer.
9th CUES son.-How many Seven Thirties are
there and how much remains unsold M
Answer There are only about three hundred
and twenty-five millions authorized by law and only
one hundred and ninefysmillions remain unsold
:. 10th Ques,ion.-How long will it take you to sell
Answer.-Ihere ar about 800 National Banks all
engaged in sci ing them; also large number of the
cid banks, and at ltast three thousand of private
bankers and brokers. and special agents will be en-
gagged in all paris Of the country in disposing of
them to the people. e
nth ,Question.-How long will it take to sell the
whole? -,
ALswer.-In less than three months, they will be
all sold and will no doubt, lhen sell at premium,
the with the old Seven-l hirties the first
Twenty Year Loan, and the Five-Twen ties NJ
The above questions and answers, it is believed,
will give full information to all. II not the General
Subscription Agent, or any offhe Banks Bankers
employed to sell the Loan will be glad to answer all
questous and 10 furnish the -Thirties in small
sums. las the NOES are issued in denominations of
$780, 800, $780, 1.00i and SIS 000l and render it
easy for all to subscribe-thus iulilng the instruc.
ions of Mr.. FEssENDEN, who earnestly desires that
the People ofthe whole land as well as the capital
lists sna have every opportunity afforded them of
obtaining Portion ofTHIs MOST VALUABLE INVEST
MENT.
LET no ONE DELAY, BUT SUBSCRIBE AT ONCE
THROUGH THE
First National Bank,
PORTLAND, ME. lAo
Feb l6-d&w2r