Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1865-03-01

One dollar i" +" 5000 4"
I'd Question. When and how can they
be obtained
Answer-They are for sale, at par, and
accrued interest, by all Sub-Treasuries,
National and other banks, and all Bank
ers and Brokers,
Sd Question. When is the interest pay.
able and how can it he collected ?
Answer Coupons or Interest tick
cts are due the 10Th of February and
18th Of August in each year, and can he
cut off from the note, and will be cashed
by any Sub Treasurer, U. S, Depository,
National or other Bank or Banker.
4th Question.-When must the Gov
ernment pay off these 7-30s?
Answer,-They are due in two years
and half from the 18th of February,
1865; viz: on the 18th day of August,
1867.
9th Question. | receive back my
money so soon as 1867?
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 popu-
lar ) 20 GoM Bearing 6 per cert Loan.
9th Question.--How much do you con-
slider this privilege of conversion, into
500 Loan to he worth?
Answer 2Os bearing Gold Interest
from. the lst of November, are to day
worth per 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 nrU are, this premium added
to the interest you receive, will give you
at least 10 per cent, per annum for your
money--but the opinion is that they will
be worth more than 9 per cent, premium
at that time.
7th Qlestion.-What other advantage
is there in investing in the 7-90 Loan.
Answer.-It 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
rate of taxation in various localities. All
bonds aud stocks, except those of the Uni
ted States, aud all mortgages. &c, are
taxed, not only by the Government, but
by States. Counties and Cities.
9Th Question does the Govern
ment raise the money to pay the interest
and is it safe and sure?
Auswer.--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 to pay the interest on all tn,
debt, and as soon as the war is ended. tn,
amount not needed to pay the interest will
be used in paying off the debt. Om
Government has tvice paid eff all it
debt, and can easily do so again. Th'
interest is sure to be paid promptly, anC
the debt itself is the very safest invest
ment in the world. 1t is as safe as
mortgage on good farm. and pays bet
ter interest. 1t is, in fact First Mort
Qoqe on all lands. all incomes, all railroad
and canal bonds, and bank or other stocks
mortgages, &c.
Nothing can be safer, for we are al
bound for it, and all that we hav, is firm
ly held for the payment of principal an'
interest. How foolish those people are
who keep their gold and greenbacks idl
and locked up. or purchase mortgages o
railroad stocks and bonds, which pay onl.
J or 6 per cent interest, when the Seven
Thirties pay Counting the premium o.
, Five 1wenties) over ten per cent, and ar
50 much safer and surer.
9th Question How many Seven-Thii
ties are there, aud how much remains ur
, sold?
{ Answer-There are only about thre
, hundred and twenty-five millions author
: lied by law, and only about one hundre
: and ninety millions remain unsold.
: 10th Question. How long will it tax
, you to sell the balance?
Answer There are about 800 Natior
al Banks engaged in selling them; also
large number of the old banks. and q
least three thousand private bankers an
: brokers'. and special agents will be OF