The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1865-05-10
Facts About the 7.30sTh
Advantages they offer.

THEIR ABSOLUTE SECURITY. Nearly all
active credits are now based on Government
securities, and banks hold them as the very
best and strongest Investment they can make
Tit were possible to contemplate tbs fnan-
.oial failure Of the Government, no bank
would be any safer. II money is loaned on
individual notes or bond and mortgage, IL
will be pay able in the same currency ~ the
Government pays with, and no better. The
Goy srn,z ent never has failed TO meet It's en-
gagements. and the national debt IS q frat
mortgage upon the whole property OF the
country. While other stocks fuotuate from
ten to fifty or even grsster per cent, Cow
srnment stocks arc always comparatively
fam. Their value Is fixed and reliable, be-
yond all other securities; for while thou-
sand speculative bubbles rise and burst, as
rule they are never below par, and Ars oftsn
Bbove.
ITs I.IBzRAL IsTKxEsr.-The general rats
of interest is ak pei cent payable annually.
THfs Is seven and three tenths, payable semi
annually. II you lend on mortgages, there
must be = serching Of titles. lawyers fees.
stamp daties and delays, and will finally
hAvo returned to you only the same kind Of
money you would receive from the Govern
naent, aud less Of II. II you invest In this
loan you kave no trouble. Any bank Of
banker will obtain II for you without oharges
To each note or bond are Alfred Eve sooupons"
or interest tickets, due al the expiration Of
bach suocsssive half year. The holder Of .
note haa simply 70 cut OF One Of these oou-
'pons present it to the nearest bank or Gov
ernment Agenoy and receivs his interest: the
note itself need not be presented at all. Or
coupon thus payabls will everywhere be
equivalent, cen due, TO money. II you wish
TO borrow ninsty cents on the dollar upon the
Ac-< q ~ srtx r. 81
market 70 do Il with. ifSou wish 70 sell, II
will bring within fraction Of cost and interest
at any moment. 1t will be very handy 70
have IN the house.
IL Is CosvEa1IsLE iRto . six per cent gold-
bearing bond. At the expiration OF three
years q holder Of the notes of the 7.30 Loan
has The option Of aecepting payment In full
or OF funding his notes an six per ceut gold
interest hond. the principal payable In not
less than i've, lor more than twenty years
from It's date. "a the Government may elect
These bonds are held At suoh premium a.
to, o,maxs this privilege now worth two OF thres
per cent psr annum, and adds so mnch 70
the interest," Notes Of the same class, issued
three years ego. are now selling atasrate that
| fully proves the correctness of this statements
l7s ExEMPTIos faoM STArk On NuEIcIrAt
| TAxATieE.--Brt aside from all the advan-
tagss We have enumerated, . special Act Of
! Congress exempts all bonds and Treasury
| notes from local taxation. On the average
this exemption is worth about two per oent.
per snnun. according to the rate OF tax alton
| in various parts OF the country.
1T Is A NATIONAL SAVINGS BANK. while
this loan presents great advantages 10 large
capitalists ait Offers special Inducements To
4 those who wish TO make safs and profitable
| investment Of small saviDge. IL Is in every
way the beat Savings bank for every tnstt-
tuition Of this kind must somehow invest its
dsposits Iroatably in erdsr to pay interest
and expynses. They will invest largely in
this loan. ~ the best iny sstment. hat from
! the gross interest which the1 receive. they
must deduct largely for the expenses Of the
Bank Their usual rate Of interest allowed
to dspesitors Is per cent. upon same oyer
$780, The person who invests directly with
with Government will receive slfnost SO per
cent. more. Thus the uan Who deposits
$1,000 IN private Savings Bank reesivss SO
dallats year interest; if be deposits the
same SUM In ,hts National Havings' Bank he
receives 33 dollars. For those who wish 10
find safe. eenyeDient, aud profitable means
/! Of inyestihg the surpns earnings which they
hasa reserved for their old age or tho boDent
! OF their chi ildren, there ID uothfnR which pre-
SCENTS SO many advantages ss this Nations
Loan.
! TfIE HIGHEST XOTlyR.4sThe war Is evi
IDENTIFY drawing to close, but while # 1asts
the Treasury must have money to meet Its
cost, and every motive hat patriotism csn IN
inspire sh6uld induce the people 70 supply
its wants withoas delay. The Government
can buy cheaper for cash In kand than on
credit. Let us sss hat It's wants are prompt
j ~ and liberally' satisfied.
i Ne.o Fork Eramiser.
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