The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1865-03-01
Facts Abont the 7-90s-The Advantages
they offer

Facts Abont the 7-30s-The Advantages
they offer.
THEIR ABSOLUTE SECURITY. a..
active credits are now passed on Govern
ment securities. and banks hold them as
the very best anu stron yest investment
they can make. II il were possible 10 con
template the financial failure Of the Gov
eminent, no bank would be any safer II
money IS loaned on individual notes or bond
and mortgage. it VIII be payable in the
same currency as the Government paws
with, and no better. The Government
never has failed TO meet its engagements.
and the national debt is first mortgage
upon the whole property Of the country.
While other stocks fuctuate from ten 10
nifty, or even 4 greater per cent Govern
ment stocks are always comparatively firm.
Their value IS fixed and reliable. beyond all
other securities; for while thousand spec
ulative bubbles rise and burst, as a rule
they are never below par. and are often
above.
rs LIBERAL INTEREsT.-The general rate
Of interest IS SIX per cent, payable annually
THIS is seven and three-tenths, payable
sems-anuaily Ii you lend on mortgage
there must be a 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
Government, and less Of it. II you invest
in this loan, YOU have no trouble ANY
bank or banker will obtain Il for YOU with
out charge To each note or bond are all
liked five coupons" or interest tlckets, due
at the expiration OF each successive half
year The holder of Q note has simply to
cut OFF one Of these coupons present il 10
the nearest bank or Government Agency
and receive his interest; the note itself
need not be presented al all. Or a coupon
thus payable will everywhere be equivalent,
when due 10 money. II YOU wish 10 Dor
row ninety cents on the dollar upon the
notes, You have the highest security in the
market TO 10 it with. Il YOU wish TO sell,
it will bring within a fraction of cost and
interest at any moment. Il will be very
handy 10 have in the house.
IT Is CONVERTIBLE into d six per cent,
gold-bearing bond At the expiration Of
three years holder OF the notes of the
100 Loan has the option Of accepting pay
ment in full or OF funding his notes in a six
per cent gold-nterest bond the principal
payable in not less than five normore than
twenty years from its date, as the Govern
ment may elect These bonds are held al
such a premium as 10 make this privilege
now worth two or three per cent per an
I'm, and adds 50 much 10 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 MUNCIPAL
TAxATIoS.-But aside from all the advanta-
ges We have enumerated, q special Act Of
Congress ereDaptS all bonds and Treasury
notes from focal tac0f0n. On the average
this exemption is worth about two per cent
per annum, according TO the rate Of tax
alton IN various parts OF the country.
II Is A NATIONAL SAVINGS BANK.-While
this loan presents great advantages 10
large capitalists, it offers special induce
ments 10 those who wish to make a safe
and profitable Investment Of small savings.
1t is every way the best Savings Bank:
for every institution Of this kind must
somehow invest its deposits probably in
order to pay interest and expenses. They
viii invest largely in this loan. as the best
investment. But from the gross interest
which they receive, they must deduct large
ly for the expenses Of the Bank. Their
usual rate Of interest allowed 70 depositors
is per cent upon sums over $500 The .
person who invests directly with Govern
mont will receive almost 80 per cent more.
Thus the man who deposits $1,000 ia q pri-
vate Savings Bank receive 30 dollars
year interest; if he deposits the same sum
IN the National Savings Bank he receives q
10 dollars. For those who wish TO ind a
safe, convenient, and profitable means Of
investing the surplus earnings which they
have reserved Tor their old age or for tie
benefit OF their children. there is nothing
when presents 50 many advantages as the
National Loan.
The HIGHEsT MO1IvE-The war IS EVIL ..
IDENTIFY drawing TO q close, but while it lasts :
the Treasury must have money to meet is
cost, and every motive that patriotism can ,
inspire should induce the people to supply
It's wants without delay. The Government
can buy cheauar for cash ~ Io-f +hs-, ~, :
credit Let rs see that its wants are
promptly and literally satisfied.
y. l. Ecqmfuey-.