The Grand Haven news., 1865-03-01

Thirty Loan is---what are its peculiar
merits,-how can they subscribe for OF
obtain the notes, DC.
lst Question. Why is this Loan call.
ed the "Seven-Thirty" Loanl
Answer. IL bears Interest, in curren-
cy, at the rate of Seven Dollars and thir-
ty cents each year, on every hundred dol
lars; making the interest as follows:
One cent per day on each 8 so note.
Two cents" " 100
Ten /" 500 "
Twenty /" 1000 I"
One dollar " 5000 {"
I'd Question. When and how can
they be obtaipedi
Answer. They are for sale, at par,
and accrued interest, by all Sub-Treasur-
les, National and other Banks, and all
Bankers and Brokers.
Sd Question. When is the interest
payable and how can it be collectedi
-Answer. The Coupons or Interest
Tickets are due the 18th of February
and 18Th of August in each year, and
can be cut off from the note, and will be
cashed by any Sub-Treasurer, U. s.
Depository, National or other Bank or
Banker.
4h Question. When must the Gov
ernment pay off these 7.S0sl
Answer. They are due in two years
and half from the 18th of February,
1865; viz: on the 18th of August, 1867.
18th Question. Must l receive back
my money SO soon rs 1867?
Answer. No! not unless you your
self prefer TO do so--the Law gives you
the right TO demand from the Government,
at that time, either your money or an
eqnal amount at par, of the famous and
popular $40 Gold Bearing 8 per- cent.
Loan.
9Th Question. How much do you
consider this privilege Of conversion, into
$50 Loan to be worth2
Answer. 5.20s bearing Gold Interest
from lst November are to-day worth 8
per cent. premium. If they are worth
no more at the end of two years
and half, when you have a right to
them, than they noo are, this premium
added to the interest you receive, will
give you at least 10 per cent. per annum
on your money-but the opinion is that
they will be worth more than 8 per cent.
premium at that time.
7M Question. What other advantage
is there in investing in the 7.30 Loani
Answer. 1t cannot be taxed by States,
Counties, or Cities, and this adds from
one to three per cent. per annum TO The net
income of the holder, according to the
rnte Of taxation in various localities. All
bonds aud stocks except those Of the
United States, and all mortgages, DC, are
taxed, not only by the Government, but
by States, Counties and Cities.
9Th Question. How does the Govern.
ment raise the money TO pay the interest,
and is it safe and surel
Answer. The Government collects,
by taxes, internal 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 as soon as the war is ended, the
amount not needed to pay the interest
will be used in paying of the debt. Our
Government has tsoice paid off all its
debt, and can easily do so again. The
interest is sure to be paid promptly, and
the debt itself is the very safest invest
ment in the world. 1t is as safe as a
mortgage on good farm, and pays bet
ter interest. II is in fact, First Mort
gage on all lands, all incomes, all rail-
road and canal bonds, and bank or 9th
or stocks, mortgages, DC.
Nothing can be safer, for we are all
bound for il, and all that we have is firm
ly held for the payment Of principal and
interest. How foolish those people are
who keep their gold and greenbacks idle
and locked up, or purchase mortgages or
railroad stocks and bonds, which pay on
ly 5 or 8 per cent. interest, when these
Seven-Thirties pay Counting the premi
um Of Five-Twenties) over ten per
cent, and are so much safer and surer.