The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-10-18
FACTS ABOUT THE 7-3O's-THE AID.
VANTAGES THEY OFFER.

THEIR ABSOLUTE SEcuRITY-Nearly all active credits are
now based on Government securities and banks hold then
as the very best and strongest investment they can make
II it possible to contemplate the financial failure Of
the Government bank would be any safer If money
is loaned on individual notes bond and mortgage il
will DO payable in the currency the Government
pays with, and no better The Government never has
billed TO meet its engagements and the national debt is
hrst mortgage upon the whole property of the country
While other stocks huctuate from ten to fifty, or even
greater per cent Government stocks are ALWAYS
lively firm Their value is fixed and reliable beyond ali
other securities Tor While thousand speculative bubbles
and burst as rule they are below par and are
often above.
Irs LIBERAL INrEREsTThe general rate of interest ia
six per cent? payable annually This is.seven and three
tenths payable Sem-aanuaity If you lend on mortgage
there must be searching of titles lawyers fees stann
duties delays, and you will finally have returned o
you only the same kind Of money you would receive from
the Government and less Of it, you invest in this loan
Won have no trouble. ANY bank banker will obtain II
for Won without charge 10 each note bond are affixed
five coupons or interest tickets, due at the expiration of
aasb successive hayear The holder of note has simnt
Nv to cut off one these coupons present to the
bank or Government Agency and receive his interest," the
note itself need not be presented at ALL Or coupon thus
ayable will everywhere be equivalent when due to me
nov If Won wish TO borrow ninety cents the dollar
upon the notes. you have the highest security in the
Kat 10 do it with you wish to SELL it will bring within
fraction of cost and interest at any moment 1t will be-
very handy to have in the koase
IT Is CoNvEgrELE into six per cent goaboaring bond
At the expiration OF three years holder OF the notes
the 80 loan has the option ~ accepting payment In full
or of funding his per cent goldnerest bond
the principal payable ia not less than five, than
twenty years from its saie as tho Government may elert
These bonds are held such premium 10 make this
privilege now three por cent per annu and
adds 80 much to the interest Notes Of the class is
sued three years ago. now selling at rate that fully
nroyes the correctness of this statement
Irs EXEMPTION FROM STATE OR MUNICIPAL TAXATION
But aside from all the advantages have snuerated
special Act of Congress eeHpts alt binds and Treasury
notes from local tdaOR On the Average this exemption
Is worth about two per cent per annuB according to the
rate OF taxation in various parts of the country.
Elisa NAyoyAL SAVINGS BAsK.-While this loan pre-
great advantages to large capitalists II offers special
Inducements to those who wish TO make safe and proa
BILE investment of small sayings. 1t is every way this best
Savings Bank; for every institution OF this kind must
somehow invest its deposits proabIy in order to pay In.
terest and expenses They will invest largely In this loan
the best investment Bat from the gross interest which
they receive they must deduct largely for the expenses Of
he Bank Their usual rate of interest allowed 70 dspod
tors ia per cent upon 800. Tho person who
Invests directly with Government will receive almost 90
per cent. more Thus the man who deposits 1900 In
private Savings Bank receives so dollars year interests
he deposits the in this National savings Bank
receives 70 dollars For those who wish TO find safe
convenient and profitable of investing thersHplus
earnings which they have reserved for their old ago
the benefit OF their children there ia nothing which pre-
ents 30 many advantages % this National Loan.
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