The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1865-03-03
Facts About the 7-30s-The Advantage
they offer.

THEIR ABSOLUTE SECURITY.-Nearly
all active credits are now based on Gov
eminent securities, and banks hold them
as the very best and strongest invest
ment they can make. If it were possible
to contemplate the financial failure of the
Government, no bank would be any safer
If money is loaned on individual notes or
bond and mortgage, it will be payable in
the same currency as the Government
pays with, and no better. The Govern
ment never has failed to meet its en-
gagements, and the national debt is first
mortgage upon the whole property of the
country. While other stocks fuctuate
from ten to fifty, or even a greater per
cent, Government stocks are always com-
para lively 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.
It's LIBERAL INTEREsT-The general
rate of interest is six per cent, payable
annually. This is seven and tbree-tenths,
payable semj.annuaiy, If you lend On
mortgage, there must be searching If
titles, lawyers fees, stamp duties and de-
lays, and you will finally have returned to
you only the same kind of money you
would receive from the Government, and
less of it. It you invest in this loan, you
have no trouble. Any bank or banker
will obtain it for you without charge
10 each note or bond are affixed 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
nearest bark 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 bor-
row 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 a fraction of cost
and interest at any moment. 1t will be
very handy to have in the house.
IT is CONVERTIBLE into six per cent
collaborating bond At the expiration of
three years holder of the notes of the
$50 Loau has the option OF accepting pay
ment in full or Of funding his notes in
six per cent. gold interest bond, the prln-
cipal payable in not less than five, nor
more than twenty years from its date, as
the Government may elect. These bonds
are held at such 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, issued
three years ago, are now selling at a rate
that fully proves the correctness of this
statement.
It's EXEMPTION FROM STATE OR MI
NICIpAL TAXATloN.-But aside from
all the advantages we have enumer-
ated, a special Act of Congress ercmpt& ali
bo@''S amd Treasury notes trom lo,ottaro-
ton, On the average this exemption is
worth about two per Cent, per annum, ac-
cordinE t. The rate .of taxation in various
parts of the country
IT IS NATIONAL SAVINGS BANK
While this loan presents great advantages
to large capitalists, 1t offers special induce
ments to those who wish to make 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 deposits proftably in
order to pay interest and expenses. They
will invest largely is 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 de-
positors is 5 per cent. upon sums over
$500. The person who invests directly
with Government will receive almost 90
pr ut'nt. more. Thus the man who de-
posits $1,000 in private Savings Bank
receives 50 dollars year inter st if he
deposits the same sum in this National
Savings Bank be receives 70 dollars -
For those who wish to fluid safe, conve-
nient, and profitable means of investing
the surplus earnings which they hav" re-