The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1865-02-16
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TaErs ABsoLurE SrcuRrn:-Nesfiy

Facts Aheus 80. 5eSOsSS.A -. -
TsrrR ABsbLurE SEouRrrH.-Neas'y
ar active credits are now based on Gov
eminent securities. and banks hold them
as the very beet and strongest investment
,hav ean make. II it were poselbae to1
Contemplate the financial failure OF the
government. no bank would be any safer.
r. money il leaned on individual notes or
bond and mortgage, it will be payable IN
The sane currency - the GoveInpsnt
pays with, and no better. The Govern
men. never has. failed to meet its engage
mepts. and the national debt is hrst
mortgage upon the whole property OF the
country.. While other stocks Auetnate
from ten to fifty. or even . greater per
cent, Government stocks are always COM
pAratively firm. Thei. value is fixed and
reliable, beyond ell other securities; Tor
while thousand speculative bubbles rise
and burst, as rule they are never below
per, asd are often above. .
Irs LIBERAL Is1EnEsr.-The general
rate of interest is six per cent, payable
annually. This is seven and three
tenths, payable semi-annually. II you
lend on mortgage, there must be search
ing Of titles. lawyers fees. stamp duties
and delays. and you viii finally have re-
turned to you .only the eare kind of
money you would receive from the Gov
ernmeni, and less of it. II you invest in
this loan, you have no trouble. Any
bank or banker will obtain it for you
without charge. Toseach note or bond
are affixed Eve coupons" or interest tick
cts, due at the expiration Of each sucoes-
sive half-year. The holder Of note has
simply to cut off one of these coupons,
present it to the nearest bank or Govern
ment Agency, and receive his interest;
the note itself need no, be presented at
all. Or coupon thus payable viii every
where be equivalent, when due, to money.
Ifyou wish to borrow ninety cents on the
dollar upon the notes, you have the high
est security in the market to do it With.
If you with to sell. it will bring within a
fraction of cost and interest at any mo-
ment. 1t will be very handy to have in
the house.
RI rs coNvERrlBLs into six per cant.
gold-bearing bond. At the expiration
Of three years holder OF the notes of the
100 Loan has the option of accepting
pas ment in full or of funding his notes 10
six per cent. geld interest bond, the
principsl payable in not less than Eve, nor
more than twenty years from it's date, as
the Government may elect. These bonds
are held nj such q premium as to make
this privilege now worth two or three per
cent per annum, and adds so much to
the interest. Notes of the same class, is-
sued three years ago, are now selling at
rate tharfnliy proves the correctness Of
this statement.
ITs EXEMPTION FROM STATE OR NUM-
opal TAxATlON.-But aside from all the
advantages we have enumerated, special
Act of Congress cxempts all bonds and
Treasury notes from local taxation. o.
the average this exemption is worth about
two per cent. per annum, according to
the rate of taxation in various parts OF the
c,untry.
II Is A NATIONAL SAYINGS BANK
While this loan presents great advnnts-
ges to large capitalists, it offers special in
dncemen;s to those who wish TO make a
safe and profitable investment of small
savings. 1t is in every way the best
Savings Bank; for every Institution of
this kind must somehow invest its depos-
Its proftably 10 order to pay interests 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 expense
of the Bank Their usual rate of interest
,e e.
sums over $500 The person who in
vests directly with Government will re-
ceive almost so per cent. more. Thus
the man who deposits $1,000 in a private
Savings Bank receives $50 year inter-
ests; ii he deposits the same this Nation
81 Savings Bank he receives IS dollars.
For those who wish to find safe, con.
venient, and profitable means of investing
the Surplus. earnings which they have re-
served for their old age or for the benefit
OF their children. there is nothing which
presents SO many advantages as this Ma
tiouaI Loan.
The HIGHEST MorIvE.-The war is ev-
identity drawing TO a close, but while it
lasts the Treasury must have money to
meet it's cost, and every motive that pa.
trio.ism 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
satisfied.
kH Sixty thousand dollars was decreed
BY the Courts to Admiral Porter o. his
share Of the proceeds Of con6soated prop.
erty in the Southwest. He refused 10 re-
slln 1t and it was distributed among the
officer and men OF Porter'e feet.