The Lancaster gazette. [volume] (Lancaster, Ohio) 1863-1886, 1865-03-02
FACTS ADOUW THE 7-3Os-THE AID.
VANTAGESSTUEY OFFER.

CnaflGSIOn- .a
FACTS ABDUu THE 7-sOs-THE AD-
VANTAGEssTHEY OFFER.
THEIR ABSOLUTE SECURITY Nearly
all active credits are now based on
Government securities, and banks |
hold them as the very best and strong
est Investment they can make. If it
were possible to contemplate the fnan-
cial failure of the Government,
no bank would be any safer I'll
money is loaned on individual notes
or bond and mortgage, it will be pay
able in the same currency as the Gov
crnmcnt pays with, and no bcttcr.-
The Government never has failed to
meet its engagements, and the nation
al debt is O first mortgage upon the
whole property ofthc country. While
other stocks huctuate from ten to fifty,
or even q greater per cont Govern
mcnt stocks are always comparatively
firm. Their value is fixed and relia-
bic, beyond all other securities; for
while thousand speculative bubbles
rise and burst, as u rule they are new
or below par and are often above.
ITs LIBERAL INTEREST. The general
rate of interest is six per cent, pay
able annually. This is seven and
threc-tenths, payable semi annually.
If you lend on mortgage, tttere must
be II 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 re.
ceivc from the Government, and less
oft. you invest in this loan, you
have no trouble. Any bank or bank
cr wiIIsobtan it for you without charge.
TO each note or bond are affixed five
"coupons" or interest tickets, duo at
the expiration Of each successive half
year. The holder of note has sim
ply to cut off one Of these coupons,
present it to the nearest bank or Gov
crnmcnt Agency, and receive his in
tercst the note itself need not be pre-
scnted at all. Ora coupon thus pay
able will everywhere be equivalent,
when due, to money. If you wish to
borrow ninety cents on the dollar up
on the notes, you Have the highest So
curity in tho markotto do it with. If
you wish to sell, it will bring within
Il fraction of cost and interest at any
momont. 1t will be very handy tc
I hnvc in tho house.
IT Is CONVERTIBLE into q six pei
cent, gold,bearing bond, At the eX
piration OF three years holder of Tho
notes of the 1880 Loan has the option
of accepting payment in fall or o
funding his notes in six per cen
gold interest bond, the principal in moi
less than five, nor more than twenty
years from its date, rs tho Govern
mcnt may elect. These bonds are
held at such a premium rs to make
this privilege now worth two or three
per cent. per annum, and adds Sc
much to the interest. Notes OF tho
same class, issued three years ago
are now sellirg at u rate that fully
proves the correctness Of this state
mcnt.
It's EXEMPTION FROM STATE OR MI
NrcIpAL TAxATIoN.-But aside from
all tho advantages we havo cnumcr
ated, y special Act of Congress exempt
all bondSaad Treasury notes from tara
J ton, On the average this exemption
is worth about two per cont. per an
mum, according to the rate OF taxation
in various parts Of the country,
ITIsA NATIONAL SAVING BANK
Whilc this loan presents great advan
tagcs to large capitalists, 1T offers spe
cial Inducements to those who wish Il
: make n safe and profitable investmen
of small savings, 1t is every way tn
I best Savings Bank; for every instilu
ton OF this kind must somehow inves
its deposits proftably in ordcr to pa,
Q interest and expenses. They will in
vest largely in this loan, as the bos
: investment. But from the gross inter
!, est which they receive, they must dc
! duct largely for the expenses of th
! Bank. Their usual rate of interest al
il lowed to depositers is 3 per cent. upo
I sums over $500. 'Thc person who in
vests directly with Government Wi
receive almost 80 per cent. more
r Thus the man who deposits $1,000 in
!, private Savings Bank receives 90 dol
. ars u year interest; if he deposits tn
o same sum in this National Savings
Bank he receives 73 dollars. Fo
, those who wish to find safe, conven
ient, and profitable means of investing
, the surplus earnings which they hav
reserved for their old age or for tn
benefit of their children, there is moth
ing which presents so many advan
tages as this National Loan.
TIE HIGHEST MoTIvE.-The war !
evidently drawing to a close, but Will
it lasts the Treasury must have mone.
to meet its cost, and every motive tha
/. patriotism can inspire should Undue
tho people to supply its wants withou
delay. Tho Government can bu,
3 cheaper for cash in hand than on cred
il. Let us see that, it's wants ar
!. promptly and liborally satisfed.-A