Charles City intelligencer. [volume] (Charles City, Floyd County, Iowa) 1864-1866, 1865-03-02
Facts About the 1905 Advantages
they offer.

tive credits are now based on Government Sc
curities, and banks hold them as the yer,
best and strongest investment they can make
lift were possible to contemplate the finan
cial failure of the Government, no bank would
be any safer. Ifmoney is loaned on individu
al notes or bond and mortgage, it will be pay
able 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 a first mortgage upon the
whole property of the country. While other
stocks fluctuate from ten to fifty. or even a
greater per cent, Government stocks are al.
ways comparatively firm. Their value 10 fix.
ed and reliable, beyond all other securities ;
for while thousand speculative bubbles rise
and burst, as rule thoy are not below par,
and are often above.
Irs LIBERAL ISTEREsr.-The general rate OF
interest is six per cent. payable annually.
This is seven and three. tenths, payable semi
annually. If you lend on mortgage, there
must be 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 receive from the Govern
ment, and less of It, If you invest in this
loan, You have no trouble. Any bank or
banker will obtain 1t for you without charge
To each note or bond are affixed five " cou-
pons or interest tickets, due at the expiration of
each successive half.ycar. 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 cou-
pom thus payable will everywhere be equiva-
lent, when due, to money. If you wish to
borrow ninety cents on tho 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 fraction of cost and in
terest at any moment. 1t will be very han
dy to have in the house.
IT Is CONVERTIBLE into six per cent. gold
bearing bond. At the expiration of three
years holder of the 7:3O Loan has the op-
ton of accepting payment in full or of fund
ing his notes in six per cent. gold interest
five, nor more than twenty years from its date,
as the Government may elect. These bonds
are held ut such q premium as to make this
privilege now worth two or three per cent. per
annum, and adds 90 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.
Irs EXEMPTION FROM STATE OR MUNICIPAL
TAXATION. But aside from all the advantage
es we have enumerated, a special Act of Con-
gress erempts all bonds and Treasury notes from
local taxation. On the average this exemption
is worth about two per cent. per annum, &C
cording to the rate of taxation in various parts
of the country.
ITHA NATIONAL SAVINGS BANK.--Whils the
loan presents great advantages to large CAPT.
talists, it offers special inducements to those
who wish to make safe and profitable invest
ment 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 expens-
e.. They will invest largely in this loan, as
the best investment. But from the gross in
terest which they receive, they must deduct
largely for the expenses of the Bank. Their
usual rate of interest allowed to depositors is
8 per cent upon sums over $500. The person
who invests directly with Government will re-.
ceivs almost 80 per cent. more. Thus the
man who deposits $1,000 in private Savings
Bank receives 80 dollars year interest If he
deposits the same sum in this National Say.
ings' Bank he receives IS dollars. For those
who wish to find safe. convenient, and profit
able means of investing the surplus earnings
which they have reserved for their old age or
for the benefit of their children. there is moth.
ing which presents SO many advantages as
this National Loan.
The HIGHEST MorIvE.--The war IL evident
ly drawing to close but while II lasts the
Treasury must have money to meet its cost,
and every motive that patriotism 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 libsr.
ally satisfied.