The Hillsdale standard. [volume] (Hillsdale, Mich.) 1851-1909, 1865-03-14
Facts about 7-3O's---AdYantages
they offer.

THEIR ABSOLUTE SEcURITY.-Near
ly all active credits are now based on
Government securities, and banks hold
them as the very best and strongest
investment they can make. II it were
possible to contemplate the fiuanoial
failure of the Government, no bank
wouvd he any safer If money is loan
ed on individual notes or bond and
mortgage, it will be payable in the same
currency 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 property OF the whole coun-
try. While other stocks fiuctuate from
ten to fifty, or even agreater per cent,
Government stocks are always CON-
paratively firm. Their value is fixed
and reliable, beyond all other securities
for while thousand speculative bubbles
rise and burst, as rule they are never
below par, and are often above.
Irs Liberal INTEREsr.-The gener-
al rate of interest is six per cent, pay
able annuity. This is seven and three
tenths, payable semi-annually. If you
invest in this loan, you have no trouble.
Any bank or banker viii obtain it
without charge. To each note or bond
are affixed five "couponsP or interest
tickets, due at the expiration of each
successive halfyear. The holder of a
note has simply to cut off one of these
coupons,present it to the nearest bank
or Government Agency, and receive
his interest; the note itself need not be
presented at all. Or a 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. Ifyou
wish to sell, it will bring within frao-
tion of cost and interest at any moment.
1t will be very handy to have in the
house.
1t is convertible into six per cent,
gold-bearing bond. AT the expiration
of three years holder of the notes of
the 7.3O Loan has the option Of ac-
cepting payment in full or of funding
his notes in six per cent, gold-interest
bond, the principal payable in not less
than five, nor more than twenty years
from its date the Government may elect.
These bonds are held at such pre-
MUM as to make this privilege now
worth two or three per. cent annum and
adds so much to the interest. Notes
of the same class, issued three years
ago, are now selling at rate that fully
proves the correctness of this statemeu.
It's EXEMPTION FROM STATE OR MU-
NIcIPAL TAxATIoN.-But aside from all
the advantages we have enumerated 2
special act of Congress, exempts all
bonds and Treasury notes from local
taxation. On the average this exempt
ion is worth about two per cent. per
annum, according to the rate of taxa
ton in various parts of the country.
IT is A NATIONAL SAVINGS BANK
When this loan presents great advanta-
ges to large capitalists, it offers special
inducements to those who wish to
make safe and profitable investment
of small savings. 1t is in every way
the best Savings Bank; for svery insti-
tuition of this kind must some how in
vest its deposcts profitably in order to
pay interest and expenses. They will
invest largely in this loan, as the best
investment. But from the gross inter-
est which they receive, they must de-
duct large for the expenses of the bank.
Their usual rate of interest allowed TO
depositors is 5per cent. upon sums over
$500. The person who invests direct
ly with Government will receive almost
so per cnt. more. Thus the man who
deposits $1,000 in private Savings
Bank receives so dollars a year inter
est; if he deposits the same sum in this
National Savings Bank he receives sc
73 dollars. For those who wish to find
safe, convenient, and profitable means
of investing the surplus earnings which
they have reserved for the benefit oi
their children, there is nothing which
presents so many advantages as this
National Loan,
THE HIGHEST MoTIvE-The war il
evidently drawing to a close, but while
it lasts the Treasury must have money
to meet its cost, and every motive thai
patriotism can inspire should induce th'
people to supply its wants without delay
The Government can buy cheaper fol-
cash on hand than on credit. Let us
see that its wants are promptly and lib
orally supplied.
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