The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1865-03-02
Facts About the 7-SOS-The Advantages
they offer.

Their ABSOLUTE SECURITY. Nearly all
active credits are now based on Govern
ment securities, and banks hold them as the
| very best and strongest investment they can
make. II 1t We're possible to contemplate
the financial failure Of the Government, no
bank would be any safer. Ifmoney is loan
| ed on individual notes or bond and mort
gage, it will be payable in the same cur
rency as the Government pays with, and no
| better. The Government never has failed
to meet its engagements and the national
debt is first mortgage upon the whole pro"
perty OF the country. While other stocks
fuctuate from ten to fifty OF even greater
per cent, Government stocks are always
comparatively firm. Their value is fixed
and reliable beyond all other eecurities for
lwhile thousand speculative bubbles rise
and burst, as rule they are never below
| par, and are often above
| IT'S LIBERAL INTEREST The general rate
Of interest is six per cent, payable annually
| This is seven and three tenths, payable
semi anaUaUy. If you lend on mortgage,
there must be searching of titles, lawyers
fees, stamp duties and delays, and you will
finally have returned to you only the same
kind of money you would receive from the
Government, and less of it. If you invest
in this loan, you have no trouble Any
bank or banker will obtain it for you with
out charge. To each note or bond are affix-
ed five coupons" or interest tickets, due at
| the expiration of each successive half-year.
The holder of note has simply to cut off
one of these coupons, present it to the near
est bank or Government Agency, and receive
| his interest; the note itself need not be pre-
sented at all. Or coupon thus payable
will everywhere be equivalent, when due, to
money. If you wish to borrow ninety cents
on the dollar upon the notes, you have the
| highest security in the market to do it with
If you wish to sell, it will bring within
fraction Of cost and interest at any moment
1t W i'll be very handy to have in the house
IT'S CONVERTIBLE into six per cent gold
bearing bond. At the expiration of three
years holder of the notes of the 100 Loan
has the option Of accepting payment in full
or Of funding his notes in a six per cent
gold-interest bond, the principal payment in
not less than five, nor more than twenty
years from its date, as the Government NAV
elect. These bond are held at such prem
ium as to take this privilege now worth two
or three per cent. per an1um, and adds so
much to the interest Notes of the same
class, issued three years ago, are now sell
ing at rate that fully proves the correct
ness of this statement
IRIS EXEMPTION FROM STATE or MUNICIPAL
TAXATIoN.-But aside from all the advan-
tages we have enumerated, d special Act of
Congress eUempts all bonds End Treasury
notes from local taGGtioa. On the average
this exemption is worth about two per cent.
per annum, according to the rate of taxation
in various parts of the country.
IT is A NATION AL SAVINGS BANK.-While
this loan presents great advantages to large
capitalists, it offers special inducements to
those who wish to make a safe and profit
able investment of small savings 1t is in
every way the best Savings Bank; yfor every
institution of this kind must somehow invest
its deposits profitably in order to pay inter
est and expenses. They will invest largely
in this loan, as the best investment But
from the gross interest which they receive,
they must deduct largely for the expenses
Of the Bank. Their usual rate of interest
allowed to depositors is per cent upon
sums over $500 The person who invests
directly with Government will receive al
most so per cent more. Thus the man who
deposits $1,000 in private Savings Bank
receives $50 year interest; if he deposits
the same sum in this National Savings Bank
he receives 70 dollars. For those who wish
to find safe, convenient, and profitable
means Of investing the surplus earnings
which they have reserved for their own age
OR for the benefit of their children, there is
nothing which presents so many advantages
as this National Loan.
The HIGHEST MoTIvE.-The war is evil
denty drawing to close, but while it lasts
the treasury must have money to meet its
cost, and every motive that patriotism can
inspire should induce the people to supply
its wants without delay. The Government
can buy cheaper for cash in hand than on
credit Let us see that its wants are
promptly and literally satisfed.-N l.
ETaminer.
The LIST National Bank of this City, is the
authorized agent for the sale of the 1905