The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1865-03-02
Facts About the z-sos-The Advantages
they offer.


THE1E AzsoLurz SEcUxIrY.-Naariy all active
credits are now based on Gqrernment securities and
banks held them the very best and strongest invest
rnent thev can make If Il were possible 70 coutera
plate the financial failure of the Government bank
would be any safer. IF money is loaned invidu
al notes or end ami mortgage, 1t win be payable in
the same currency the Government pays with. and
no better The eorernment never has failed TO meet
its engagements and the national debt is first mort
gage upon the hole property Of the country. hie
osher stacks iiuctuate from ten fifty, or even a
greater per cent Government stocks are always com
pasatyely firm. Their value Is fixed and reliable, be
yond all other securities for while THOUSAND spee1-
Iative bubbles rise and burst rule they are neser
below par, and are often above- =
ITs LIBERAL ISrEREsT--The general rate Of inter-
IS six per cent, payable Annually Ts IS seFen
and three tenths payable semi-asa,Iif II you lend
on mortgage, there must be searching Of titles,
lawyers fees stamp duties and delays, and you viii
finally have returned to you only the same kiHd Of
money you would receive from the Government and
less Of H. IF you invest in this loan, you have
trouble Anv bank ar banker viii obtain il for you
without charge. To each note or bond affixed five
coupons" or tteke due the expiration Of
each successive half year The holder of a has
simply 10 cut off one Of these coupons, present it
the neares. bank or Cove Agency and receive
his interest tie note itself need be presented
an. Or a coupon thus payable viii everywhere be
equivalent, when due, money. II you wish to Dor
row ninety cents 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 fraction Of
cost and interest at any moment. 1t viii be very
handy to have in the house.
II Is CoSvERTAB into six per cent goki bearing
bond At the EXPIRATION of three years a holder Of
the notes of the 100 has the option of accepting
payment in full of funding his notes in six per
cent ,od-nterest bond, the principal payable in not
less than Ave, more than twenty years from its
date, as the Government may elect These bonds are
held at such premium make this privilege
worth two three per cent per anaum, and adds 50
much to the interest Notes of the class, issued
three years ago, are now selling rate that fully
proves the correctness of this statement.
ITs EXEMPTION FROM STATE OR MUNICIPAL TAXA
Trox.-But aside from all the advantages we have
meraed special Act of Congress ereaares al bonds,
aud Treasury from local taration. On the average
this exemption is worth about per cent per
according to the rate Of taxation in various parts of
the country.
IT IS NATIoSAL SAVINGS BASE.-W bile this loan
presents great advantages large capitalists, it offers
special inducements TO those who wish make safe
and profitable nvestmcnt of small savings 1t is il
very way the best Savings Bank: for every insti-
tuition Of this kind somehow invest its deposits
proftably in order to pay interest and expenses
They viii invest largely in this loan, the best in
vestment. But from the gross interest which they
ceve they deduct largely for the expenses Of the
Bank. Their usual rate OF interest allowed deposit
tors is per upon the $780, The person
who invests directly with Government will receive al
most 80 per cent. more. Thus the man who deposits
$1,000 IL private Savings Bank receives 80 dollars
year interest; if he deposits the in this
National Savings Bank he receives 10 dollars. For
those who wish to find safe, convenient, and proita
Die means of investing the surplus earnings which
they have reserved for their old age for the benefit
of their children, there is nothing which presents
many advantages this National Loan.
THE NATIONAL MoTIvE.-The war is evidently
drawing to close, but while it lasts the Treasury
must have money meet its cost, and every motive
that patriotism inspire should induce the people
to supply its wants without delay. The Government
buy cheaper for cash in hand than credit Let
that its wants promptly and literally salts