Raftsman's journal. (Clearfield, Pa.) 1854-1948, March 22, 1865, Image 1

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BY S. J. BOW.
CLEARFIELD, PA., WEDNESDAY, MARCH 22, 1865.
VOL. 11.-NO. 29.
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TERMS OF THE JOURNAL.
The Raftsvah's Jocrxal is published on Wed-
or Jess insertions Ten lines (or less) counting a
USIO. AW www- w . - " .
A deduction will be made to yearly advertisers.
Camber, Dry Goods, Groceries, Flour, Grain,'
l. !(.,... 1.1. P Rnt 23. lftfi.T
cs , ao., 1 r -
FRKDKRICK LEITZINGER, Manufacturer of
.11 kinds of Stone-ware, Clearfield, Pa. Or
der, solicited wholesale or retail. Jan. 1, 1863
CRANS A BARRETT, Attorneys at Law, Clear
field, Pa. May 13. 1863.
u. j. crass. :::::: waltkb barbrtt.
ROBERT J. WALLACE, Attorney at Law. Clear
field. Pa. Office in Shaw's new row, Market
ttreet, opposite Naugle's jewelry store May 26.
HF. NAUGLE, Watch and Clock Maker, and
. dealer in Watches, Jewelry, Ac. Room in
Graham's row, Market street. Nov. 10.
HBUCHER SWOOPE. Attorney at Law.Clear
. field. Pa. Offict in Graham's Row, four doo s
nit of Graham A Boynton's store. Nov. 10.
HARTSWICK A HUSTON. Dealers in Drugs,
Medicines. Paints, Oils. Stationary, Perfume
ry. Fancy Goods, Notions, etc., etc.. Market street,
Clearfield, Pa. June,,29, 1S64.
t-T P. KRATZER, dealer in Dry Goods, Cloth.
I. in. Hardware, Queensware, Groceries, Pro
visions Ac. Front Street, above the Academy,
Clearfield, Pa. April U.
-IITILLIAM F. IRW IN, Market street, Clearfield,
Pa., Dealer in Foreign and Domestic Mer
chandise, Hardware, Queensware, Groceries, and
family articles generally.' Nov. 10.
JOHN Gl'ELICII. Manufacturer of all kinds of
Cabinet-ware, Market street. Clearfield, Pa.
lie also makes to order Coffins, on short notice, and
attends funerals with a hearse. April), '59.
DR M. WOODS, Practicing Piitbicias, and
Examining Surgeon for Pensions,
Uffiee. Sooth-west corner of Second and Cherry
Street, Clearfield, Pa. January 21, 1S63.
rpUOMAS J. M'CULLOUGH, Attorney at Law,
X Clearfield. Pa. Office, eaBt of the "Clearfield
. Bank. Deeds and other legal instruments pre
pared with promptness and accuracy. July 3.
JB M'EXALLY, Attorneyat Law, Clearfield,
. Pa. Practices in Clearfield and adjoining
ountlet. Office in new brick building of J.Boya
ten, 2d street, one door south of Lanich's Hotel.
T ICHARD MOSSOP, Dealer in Foreign and Do
lA; mestio Dry Goods, Groceries, Flour, Bacon,
Liqaors. Ac. Room, on Market street, a few doors
weit of Journal Office, Clearfield, Pa. Apr27.
LARRIMER A TEST, Attorneys at Law. Clear
field, Pa. Will attend promptly to all legal
and other business entrusted to their care in Clear
field and adjoining counties. August 6. 1806.
WM. ALBERT A BRO'S, Dealers in Dry Goods,
Groceries, Hardware, Queensware, Flour,
Bacon, etc., Woodlan-I, Clearfield county, Penn'a.
Also, extensive dealers in all kinds-of sawed lain-
. . . . . t. f , ,
per, sningles, ADd square umuer. T'lrrs sohci
UJ. W'ooaiana, Aug. 19th, 1S6X
fllEMPEK ANC'E IIOl'SE. The subscriber
X would respectfully inform the citizens of
Clearfield county, that be has rented the "Tipton
Hotel." and will use every endeavor to accommo
date those who may favor him with '.heir custom.
He will try to furnish the table with the best the
ountry ean afford, and will keep hay and feed to
accommodate teamsters. Gentlemen don't to-get
(be "Tipton Hotel." SAMUEL SMITH.
Tipton. Pa , May 25, 186.
AUCTIONEER. The undersigned having
been Licensed an Auctioneer, would inform
the citizens of Clearfield county that he will at
tend to calling sales, in any part of the county,
whenever eled upon. Charges moderate
Address, JOHN M QUILKIN,
M 13 Bower Po., Clearfield co., Pa.
fjat, o , ns calling sales without a proper li-a-
rtu't nenalty of 560, which pro
Mine are subject to - ' h may vi
vUion will be enforced g.t- j
elate the same.
AUCTIONEER. The undersrd M"
bflen Licenced an Auctioneer, would lnr,n
the citizens of Clearfield county that he will at
tend to calling sales, in any jart of the county,
whenever called upon. Charges moderate.
Address. NATHANIEL RISHEL,
Feb. 22. 1865. Clearfield, Pa.
N. B. Persons calling sales without a proper
license are subject to a penalty of $60, which
provision will be enforced against those wh may
violate tb same. "
CAUTION. All persons are hereby caution
ed against purchasing or meddling with the
following property, to-wit: one gTay mare, now in
possession of Luther Barrett, of Chest township,
as the same belongs to us and is subject to our or
der havine onl v been given to said Barrett on
lean. HIPPLE A FAUST.
Curwensville. March l,1865-n8.
CAUTION. All persons are hereby cautioned
against purchasing or in any way inedling
with the following property now in the possession
of Wm S. Porter, to-wit: one black horse, one
ky horse,one bay inare,one broad-wheeled 4-hors
wagon, as the same belong to me, and are in said
Sorters possession on loan, and subject to. re"
turned to me on demand. E. A.IRVIN,
Cnr
wensviIIe.March8.186S.
NOTICE. Estate of James Conly, late of Penn
tp., Clearfield co.,deo'd.-All persons interest
1 are hereby notified that personal and real es
tate to the amount in value of two hundred and
ninety-nine dollars, has been approved and set
out to the widow, Ruth Conly, under the law
iknown as the $300. which appraisement was re
turned to the Orphans' Court of Clearfield county,
w January Terra, A. D., 1865,and will be confirm
ed V. r, . - v. i.. . Mnh Term. A. 1).
vj eai'i iiun ainut Ul'J - ... .
55, unless exceptions are filed and sufficient
ason auwn azainst saia conurnnu
l.G.BARGER,
jFbniary 15,1865. Clerk ofO. C.
LJS TO' LETTERS unclaimed and remain
I ing in the Post Office at Clearfield, on the 1st
y of Marco, A. D. 1864.
57rs, Thomas
Jnniutn. MlrT Mrs.
wmkui. Ajnos
Connelly, Frederick .
Crowsll, Charles H.
Hdson- Joseph H.
Fnher. Mary Miss
frey. Kate C. Mrs.
rham Frances Mrs.
Huttin, Frank A.
Hl1. t.L
Jones, Benjamin Andrew
Lagargo. Demenick
Lyons. Jacob T.
Odell, Warren
Quick. Thomas C. 2
Reichley, George W.
Smith, Charlotte A. Miss
Vachon. George
Wetxel, Mary E- Misa
Mary Jr Mrs. 2
Wirt. Aaron
' J m . ' -
Osecent dn nn each letter advertised. Per.
s ealling for MPS ef boT letten. -will say they
(TwrU,, ' U A. THA.VJL, 9. U.
BATK NOTICE.
TREASURY DEPARTMENT, )
Office of the Comptroller of The Ccrrbxcy,
Washington. Janruary 3l)th, 1865. )
WHEREAS, BY SATISFACTORY EVIDENCE
presented to the undersigned, it has been
made to appear that "THE FIRST NATIONAL
BANK OF CLEARFIELD," in the Borough of
uiearneld,in the county of Clearneld, and fctate
of Pennsylvania, has bden duly organized under
and according to the requirements of the Act of
r i .... . . . !, Ti- t
congress, en tinea "An am. to proviae a iiauonai
Currency, secured by a pledge of United States
bonds and to provide for the circulation and re
demption thereof," approved June 3d, 1864, and
has complied with all the provisions of said Act
required to be complied with before commencing
the business of Banking under said Act ;
Now, therefore, I, Hugh McCulloch, Comptrol
ler of the Currency, do hereby certify that -THE
FIRST NATIONAL BANK OF CLEARFIELD,"
in the Borough of Clearfield, in the county of
Clearfield, and State of Pennsylvania, is author
ized to commence the business of Banking under
the Act aforesaid
v. In testimony whereof, witness my
( SEAL (hand and seal of office, this 30th day of
7TXJ January, A. D. 1S65.
HUGH McCULLOCH,
Feb. 8, 1865. Comptroller of the Currency.
BAKTKNOTICE.
TREASURY DEPARTMENT, J
Office or the Comptroller of the Currency,
Washisgto'I, March 8th. 1865. )
WHEREAS, BY SATISFACTORY EV1
dence presented to the undersigned, it has
been made to appear that "THE COUNTY NA
TIONAL BANK OF CLEARFILD," in the Bor
ough of Clearfield, in the county of Clearfield
and State of Pennsylvania, has been duly organ
ized under and according to the requirements of
the Act of Congress, entitled "An Act to provide
a National Currency, secured by a pledge of Uni
ted States bonds and to provide for the circulation
and redemption thereof." approved June 3d. 1864,
'and has complied with all the provisions of said
Act required to be complied with before commen
cing the business of Banking underpaid Act;
Now, therfore, I, Hugh McCulloch, Comptroller
of the Currencv. do hereby certify that "THE
COUNTY NATIONAL BANKOFCLEARFIElsP,"
in the Btrough of Clearfield, in the county" of
Clearfield, and State of Pennsylvania, is author
ized to commence the business of Banking under
the Act aforesaid.
In tefctimony whereof, witness my
SEAL hand and seal of office, this 2d day of
ViTTMarch, A. D. 1365.
HUGH McCULLOCH.
Mar. S, 1865. Comptroller of the Currency.
U. S. 7-30 LOAN.
. By authority of the Secretary of the Treasury,
the undersigned has assumed tha General Sub
scription Agency for the sale of United States
Treasury Notes, bearing seven and three tenths
per cent, interest, per annum, known as the
SEVEN-THIRTY LOAN.
These Notes are issued underdate of August 15th,
1S64, and are payable three years from that time,
in currency, or are convertible at the option of
the holder intp
IT. S. 5-20 Six per cent.
GOLD-BEARING BONDS.
These bonds are now worth a premium of nine
per cent., including gold interest from Nov., which
makes the actual profit on the 7-30 loan, at cur
rent rates, including interest, abou t ten per cent,
per nnum, besides its exemption from State- and
municipal taxation, which adds from one, to three
per cent, mart, according to the rate levied on o
ther property. The interest is payable semi-annually
by coupons attached to each note, which
may be cut off and sold to any bank or banker.
The interest amounts to
One cent per da j on a 50 note.
Two cents per Jay on a $100 note.
TVn cents per day on a 500 note.
.20 cents per day on a 1000 note.
1 per clay on n 5000 note.'
Notes of all the denominations named will be
promptly furnished upon re jeipt of subscriptions.
This is
THE ONLY LOAN IN MARKET
now offered by the Government, and it is confi
dently expected that its superior advantages will
make it the
Great Popular Loan of the People.
Less than 5200.000,000 remain unsold, which will
probably be disposed of within the next 60 or 90
days, when the notes will undoubtedly command
a premium, as has uniformly been the case on
closing the subscriptions to other Loans.
. In order that the citizens of every town and
section of country may be afforded facilities for
taking the loan, the National Banks, State Banks,
and Private Bankers throughout the country have
generally agreed to receive subscriptions at par.
Subscribers will select their own agents, in whom
they have confidence, and who only are to be re
sponsible for the delivery of the notes for which
they receive orders. JAY COOKE,
Subscription Agent, Philadelphia.
Subscriptions will be received at the
First National Bank of Clearfield:
First National Bank of Curwensville.
CAUTION. All persons are heYeby caution
ed against purchasing or ha. ing anything to
do with an article of agreement between Samuel
and John Widemire. of Penn township, Clearfield
eounty. Pa., and Gideon P. Doughwan of the
same place, relating to the making of two rafts or
timber at three cts per foot, as thegreater portion
of eaid contract is paid, and the balance will not
be until the sa.d timber is rafted and run to mar
Ket and all claims of the undersigned are settled
and deducted therefrom WIDEMIRE.
Feb. 32. :S65-Jd. JOHN WIDEMIRE.
cf rteft poetry.
A CHILDS PETITION.
Lord, teach a little child to pray,
And oh, accept my prayer ;
Thou hearest all the words I say,
For thou art everywhere.
A little sparrow cannot fall
Unnoticed, Lord by Thee,
And though I am so young and small
Thou carest still for me.
Teach me to do whate'er is right
And when I sin, forgive;
And make it still my chief-delight
' To love thee while I live.
MODE OF DETERMINING QUOTAS.
Opinion of Att'y General Speed.
Attorn :y-Gkneral's Office, )
Washington, February 9th, 18G5. )
Sir : In your letter of the 29th January,
you ask my opinion on the legal points pre
sented in the letter of Gov. A. G. Curtin,
to you, of date the 25th Jauuary.
Gov. Curtin' s letter is in relation to the
construction of the Act of Congress, ap
proved 3d of March, 1863, commonly called
the Enrollment Act. He insists
1st. That the words "period of service,"
since the commencement of the rebellion,
as used in the 12th Section of the Act, do
not require the President, in assigning the
quotas to the several States, to take into
consideration the whole term of enlistment
of the volunteer ami militia man ; and
2d. That that part of the Act of 3d
March, 1863, which makes the period of
service an element in the calculation neces
sary to determine the number of" men due
from a State, ditrict, county, or town, has
been repealed by the 2d section of the Act
amendatory of the Enrollment Act, approv
ed 24th February, lstf4.
It will be more convenient to consider
these questions in the reverse order, inas
much as if it shall be found that the repeal
has been made, as contended for, the first
point made by the Governor need not be
considered.
The great objects of the Enrollment Act
are:
st. To declare who shall constitute the
National forces ; and
2d. To organize a plan by which the Na
tioral forces can be made available.
Subordinate to the purpose of raising and
orgtuizing the National forces, the plan a-
doptcd by Congress shows a desire that the
uraitunon the industrious population of the
several States, and the communities thereof,
should be equalized as nearly as practicable.
lythe fourth, section of the Act of the
third of March, 1863, the United States is
divided into districts, of which the District
of Columbia snail constitute one, each Terri
tory of the United States shall constitute
one or more, as the President shall "direct,
and each Congressional District of the re
spective States, as fixed by a law of the
State next proceeding the enrollment, shall
coustituteone. The eighth section provides,
that there shall be a Board of Enrollment
in each District. By the ninth section, it is
provided, that if the Board of Enrollment
shall deem it necessary, a District maybe
divided into two, and, with the assent of
the Secretary of War, into any greater num
ber of sub-divisions.
By the 12th section, it is made the duty of
the President, in assigning to the Districts
the number of men to be furnished there
from, to take into consideration the number
of volunteers and militia furnished by
and from the several States in which said
Districts are s'tuated, and the period of their
service since the commencement of the pres
ent rebellion; and shall so make such as
signment as to equalize the numbers among
the Districts of the Several States, consid
ering and allowing for the numbers already
furnished as aforesaid, and the time of, their
service. . x , , . .
It is evident, from the face of this act,
that the several States and Districts had
furnished a number of volunteers and militia,
and for periods of service. The first duty of
the President was to have the national forces
enrolled; hisiiext duty was to ascertain what
number of volunteers and militia has been
furnished from the several States, and the
periods of their service since the commence
ment of the present rebellion; and then,
from what Districts in the several States
they came, that he might equalize the num
bers among the Districts of the several
States considering and allowing for the num
bers already furnished as aforesaid, and the
time of their service. Under the act of the
3d of March, 18C3, it is plain that he had
no right and power to cut up a District into
counties, township, precincts, or wards, in
th draft therein. The
authority given iu the 9th section to sub
divide a district was for the purpose of fa
cilitating or expediting the enrollment, and
with no reference to equalization. It might,
and doubtless did happen in many districts,
that one well defined portion of a district, as
a county, township, or ward, had furnished
greatly more than the nunder due therefrom,
whilst other parts of the same districts, e
quallywell defined, had furnished few or
none, thereby making a draft upon the dis:
trict necessary, and yet, under the act, it was
not in the power of the President to make
the draft otherwisethan equal over the whole
district This was unjust and oppressive.
In order to correct- this flagrant hardship
aud injustice, Congress, by the 2d section
of the act of 24th February, 1864, and which
is an amendment of the act of 3d of March,
1563, declared that the quota of each ward
of a city, town, township, precinct, or elec
tion district, or of a county, where the
county is not divided into wards, towns,
townships, precincts, or election districts,
shall be, as nearly as possible, in proportion
rh number nf men resident therein liable
to military service, taking into account-as
far as practicable, the number which has
been previously lunished therefrom.
It is earnestly insisted, and most inge
niously argued, that this 2d section of the
amended Act repeals so much of the 12th
section of the Act of the 3d of March, 1863,
as makes it the duty of the President to
take into consideration the period of service
or tne volunteers and militia ironi tne sev
eral States. The argument in favor of the
repeal rests wholly upon the words of the
amendatory Act "the number which has
been previously furnished therefrom." It
is insisted that "number," as here used,
means an arithmetical count 1 can not so
understand it.
The Act of the 3d March. 1S63. had pre
scribed a mode by which the number of men
due from the several States, should be as-
certaineu: ana tnat moae required, not a
simple count, but a consideration of the pe
riod of service of men previously furnished.
Congress used the irord number in the 2d
section of the amendatory Act, understand
ing that the mode of count prescribed in the
original Act would be preserved.
There are manv evidences uoon the face
of the amendatory Act which shows that it
was not the intention of Congress to change
the mode of count prescribed in the origi
nal act.
The amended act does not undertake to
say how the quota of a State or district is to
be ascertained.' In ascertaining what num
ber is due from a State or district, the Pres
ident must pursue the mode prescribed in
the twelfth section of the original act he
must take into consideration the period of
service; and yet under the construction in
sisted upon, when he comes to equalize the
draft, as authorized to do by the amended
act, in the districts, he must be controlled by
simple numbers. It cannot be that Con
gress intended one mode of count for the
States and districts, and a different and
wholly inconsistent one for the sub-divisions
or districts. Inextricable contusion would
ensue.
From the language used in various parts
of the amendatory act, it is evident Congress
did not intend to disturb the mode of count
prescribed in the original act. For instance,
in the eighth section of the amendatory act,
it is said that the town, ward, or township
shall be credited by his own services, and in
the seventh section, "the period for which
he shall have been enlisted," and "the pe
riod for which he shall have been drafted,"
all going to show that time of service was
held to be an element in the count"
Nor do I think that the argument in fa
vor of the repeal is aided by the language of
the 1st section of the act, entitled "An act
further to regulate and provide for the call
ing out the national forces, approved 4th
July, 1864. The act says, that "any such
volunteer, or in case of draft, as hereinafter
provided, any substitute shall be credited to
the town," fec. Congress meant that the
credit should be civen according to the mode
of count prescribed in the act of 3d March,
1863.
The whole purpose of the 2d section of
the amendatory act was to enable the ,
President t equalize the draft in the sever
al districts, surely not to have one mode of
couut in ascertaining the quotas of the sev
eral states and districts. Besides, it is
hardly to . be considered that Congress
would thus incidentally strike from so impor
tant a statute a feature so prominent and e-
quitable.
I am. theretore, ot the opinion tnat tne
mode of ascertaining and assigning to States
and districts their respective quotas, as pre
scribed in the 12th section of the act of the
3d March, 1863, is not repealed, and that
the same mode must be : pursuid inequali
zing the draft among the sub-divisions of
each district.
Next comes the question, what is the i
mode of count prescribed in the 12th section
of the act of March 3d, 1863?
It is very plain that Congress regarded I
that a consideration on the period of service
would change the rule from a merely numer
ical one. Some credit was to be given for j
the period of service as well as for the man.
Congress has fixed various periods of ser
vice, and State and districts, and fractions of
districts, had furnished men for those peri-
ous oi service. iow now is me creun 10
be given?
Before r roceedmg to answer the question,
it may be proper to state, that it is insisted
lilab lllc n Ol US iwiuuvi wuit &uia i-mit
of service," as used in the 12th section of
the act of March 3, 1863, mean something
different from term of service. It seems to
me that the phrases mean one and the same
.i Ti-i ' ,1 i j i : c
t umg. nen ine woru term is useu in ref
erence to time, it is, according to tne lexi
cographers, very nearly the synonym of pe
riod. The difference betwixt them, if ari3
is too uncertain and shadowy to believe that
Congress meant by the use of one, some
thing different from what is understood by
the other, v But the words period and term,
both occur in after parts ot the acts now un
der consideration. In the 18th section of
the act of 1863, the term of service is spo
ken of, and the term of re;enlistment,
whilst inthe 7th section of the amended act,
it is the period for which he shall have en
listed, and the period for which he shall
have been drafted. Thus it will be preteiv
ed, that upon the very face of these acts,
Congress used these words as meaning the
same thing. It happens, too, in the act,
that either word may be used and yet the
same idea intended, as in the 8th section of
the amended act, where the language is,
"shall be credited by his services." :
Regarding then "period of service," and
"term of service,", as. meaning the same
thing, any argument predicated upon a differ
ence must be disregarded. And thus we
are brought back to the question, how is the
credit tohe given ? Must the credit be for
the time of actual service, or the period of
enlistment?
I think that Congress intended by the
words "period of service," to give credit
for the time of his enlistment. When a
man enlists in the service of the Govern
ment for one, two or three years,' his services
are due to the Government for that period,
and during that period his services are with
drawn from the industrial pursuits of Jife.
The act speaks as though there was a cer
tain and fixed period for the services of each
man, and yet, if any period is taken, other
than the term of enlistment, by some system
of average or guess, a rule must be fixed.
To do so would violate the certainty contem
plated by the act.
I am therefore, of the opinion that the
President must under the Act, give credit
by the whole period or term for which the
man enlisted.
Whether this is the rule which should
have been adopted by Congress, whether it
does not operate unequally, and whether it
is exactly just or not, are questions that con
not now be considered. It is familiar to all
that special cases of hardship will occur by
the application of any general rule; never
theless the law, as written, must be pursued
and enforced.
Very respectfully, your obedient servant,
Jamf-s Speed,
To the President. Attorney General.
Interesting Questions and Answers relative
to the 7.30 U. S. Loan.
Mr. Jay Cooit, of Philadelphia, who
for so long a time had the management of
the popular 5X) million 5.20 Loan, has just
been appointed by Secretary; Fessexden,
the General Aoent to dispose of The on
ly POPULAR Loan now offered for sale by
Government, viz. : the "SEVEN THIll
TAV In entering upon his duties he desires to
answer plainly the large Dumber of ques
tions daily and hourly propounded to him,
so that his fellow countrymen may all un
derstand what tliis "Seven Thirty Loan" is
what are its peculiar merits, how they
can subscribe for or obtain the notes, &c
1st question. Why is this Loan called the
"Seven-Ttirty" Loan? .
Answer. It bears Interest, in currency,
at the rate of Seven Dollars and thirty cents,
each year on every hundred dollars , mak
ing the interest as follows:
One cent per day on each " $ 50 note.
Two cents per day on each 1 0O note.
Ten cents per day on each 5o0 note.
Twenty cents per day each 1,000 note.
One dollar per day on each .5,000 note.
2d Question. When and how can they be
obtained ?
Answer. They are for sale, at mr, and
accrued interest, by all Sub-Troasuries, Na
tional and other Banks, ar.d ail Bankers and
Brokers.
Zd Question. When is the interest pay
able and how can it be collected?
Answer. T he Coupons or Interest Tick
ets are due 15th of Febuary and 15th of
August m each year, and can be cut off
from the cote, and will be cashed by any
Sub-lreasurcr, l!. S. Depositor, .National
or other Bank or Banker.
4t!i Question. Whea must the Govern
ment pay off these 7.30s?
Answer, lhey are due in two vears and
a half from the 15th of Februarj'i 1865; viz.:
on the 15th of August, 1867.
bth Question. Must L receive back my
money so soon as 1867?
Answer. Jo not unless youyourselt pre
fer to do so the Law gives you the right to
demand from the Government, at that time,
either vour money or an equal amount at
par, of the famous and popular 5.20 Cold
lieu ring 6 per cent. Lioan.
6th Question. How much do you consul-
er this privilege ot conversion, into o.u
Loan to be worth?
Answer. 5. 20s bearing Gold Interest from
1st of November, are to-day worth 9 per
cent, premium. If they are worth no-more
at the end of the two years and a half, when
you have a right to them, than they note are,
this premium added to the interest you re
ceive, will give you at least 10 per cent per
annum for your money but the opinion is
that they will be worth more tqan 9 per cent.
premium at that time.
1ii Question. What other advantage is
there in investing in the 7.30 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 in
come ot the holder, according to the rate ot
taxation in various localities. All bonds and
stocks. exceDt those of the United fctates,
and all mortgages, &c, are taxed, not only
by the Government, but hy otates, uounties
and Cities.
StU Question. How does the Government
raise the money to pay the interest, and is it
safe and sure ?
Answer. The Government (collects, by
taxes, in internal revenue, and duties on im
ports, fully three hundred millions each
year, l ins is nearly three times as mucn as
is needed to rav the interest onall the debt,
and soon as the war is ended, the amount
not needed to pay the interest will be used,
in paying off the debt. Our Government .
lias twice paid off all its debt, and can easily
do so aram. The interest is sure to be paid
proniptly and the debt itself is the very
safest investment in- the world. It is, as
safe as a mortgage on a gojd farm, and pays
a better interest. It is, in fact, a First
Mortgage on all land, all incomes, all rail
road and canal bonds, and bank or other
stocks, mortgages, &.c
Nothing can be safer, forwe are all bound
for it, and all that we have is firmly 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 only 5 or 6 per cent inter
est, when these Seven Thirties pay (count
ing the premium on Five-Twenties,) over
ten per cent., and are so much safer and
surer. . f
9th Question. How many Seven-Thirties
are there, and how much remains unsold ?
Anrwcr. There are only about three
hundred and twenty-five millions authorired
by law, and only about one hundred and
ninety millions remain unsold.
10th Question. How long will it take you
to sell the balanec ?
Ansicer. There are about 800 National
Banks all engaged in selling them ; also a
large number of the old banks, and at least
three thousand private bankers and brokers,
and special agents will be engaged in all
parts of the country in disposing of them to
the people.
'Hth Question. How long will it take to
sell the whole ?
Answer. In less than three months they
will be all sold, and will no doubt thea sell
at a" premium, as was the case with the old
Seven-Thirties, the first Twenty-Year Loaiij
and the Five-Twenties.
The above questions and answers, it is be-4
lieved, will give full information to all. It
not, the General Subscription Agent, or any
of the Bauks or Bankers employed to sell
the Loan, will be glad to answer all ques
tions, and to furnish the Seven-Thirties in
small or large sums (as the notes are issued
in denominations of $50, $10O,$ 500, $1,000
and $5,000, ) and to render it easy for all to
subscribe thus fulfilling the instructions of
Mr. Fessexden, who earnestly desires that
ih'ejieople of the whole land, (as well as the
capitalists,) shall have every opportunity
afforded them of obtaining a portion of this
desirable, investment.
Let none" delay, but Subscribe at
ONCE. TUROtT;il THE NEAREST RESPONSI
BLE Bank or Bankers.
Sue Mundy Caught.
A dispatch dared Louisville, March ISthj
says: An expedition of fifty of the 30tli
Wisconsin. scnt from here on Saturday,
surrounded yesterday morning, a barn in
Webster, Mead county, capturing Sue
Mundy, alias Jerome Clark Magruder
and Henry Metcalf, after some resis
tance, in which three of our men were
slightly and a fourth mortally wounded.
The prisoners were brought here by the
steamer Morning Star, this morning,
and lodged in the military prison. Magru
der is suffering f com a recent wound, and
is not likely to recover.
Gold Speculators. The heaviest dea
lers in the article, says a New York corres
pondent of the Schoharie Jlepublican, work
upon the smallest capital. They talk of
millions as if possessed of untold riches,
while they can put their all in one pocket.
The gold dealer unless he is "wiped out"
in his first transactions, may do millions in
the business on a capital of a few thousand.
I know of one, formerly at the head of a de
funct Albany bank, whose deposits with
his broker has never been over three or four
thousand dollars, and he has bought and
sold over four millions of gold within six
weeks. "
Characteristic. The United States
Service Magazine, in an article on the Quar
termaster's Department, says, that when,
in May, Sherman started to open the cam
paign from Chattanoga "Sir," raid he to
the Quartermaster at Nashville, "I shall
move from Chattanooga, when the Lieuten
ant General orders me ready or not ready.
and if you don't have my army supplied,
we'll eat your mules up, sir." And Wil
liam Tecusiseii no doubt thoroughly meant
it, but the Quartermaster was up in time,
and saved his mules.
It is better to teach the child and youth '
arithmetic and Latin Grammar than rhetoric
or moral philosophy, because these require
exactitude and performance. It is made
certain, in lessons like these, that the les
son is mastered, that power of performance
is worth more than the knowledge. He can
learn anything which is important for him
to know, now that the power to learn is
secured. As mechanics say, when one has
learned the use of tools, it is easy to work at
a pew craft
Three or four times a couple appeared be
fore a clergyman for marriage; but the
bridegroom was drunk, and the reverend
gentleman refused to tie the knot. On the
last occasion he expressed his surprise that
so respectable a looking girl was not ashamed
to appear at the altar with a nian in such a
state. The poor girl burst into tears, and
said she could not help it, "And why,
pray?" "Because,sir, won' the come when
he is sober!"
An interesting discovery has been made
in a tumulus at Ekaterinoslow, in Russia.
It consists of a treasure which formerly be
longed to a chief of the Huns. Among the
different articles is a heavy gold diadem, a
large collar, bracelets, and drinking cups
with handles formed by animals, the whole
of which are in gold of remarkable work
manship. With four metalic qualifications, a man
may be pretty snre of earthly success.
These are, gold an his pocket, silver on his
tongue, brass in his face, and iron in hia
heart.
"I'll commit you you're a nuisance,"
said ajusticeto anoisy fellow in court "No
body has a right to commit a nuisance," was
the cool reply. '
A max who bumps his head against that
of his neighbor's isn't apt to think that two
heads are better than one.
Did the man who plowed the sea and af
terwards planted his foot upon his native
soil, ever harvest the crops? ' ,
Education begins the gentleman, but
reading, good company and reflection must
finish him. . . " "
Lawers and sailing vessels go by by wind
drinking-men and propellor by Bteam. s
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