The Hancock Jeffersonian. [volume] (Findlay, Ohio) 1857-1870, 1865-02-24
FACTS ARorr TIE z .ao-.

sCTOhseSs snNeSttne"s '.ncy can make.
1fit we're possible TO contemplate the
financial failuc Of the Government. no
bank'~onla tie any safer. If money
Is loaned c'nindividusl notes or bond
and mortgage, it will be payable in
the same currency rs the Govern.
ment pays With, and no better. The
Government never has failed to meet
its engagements, and the national
debt ia n first mortgage upon TIE
whole property Of the country -
While other stocks ffuctuate from ten
~ dfty, or even n greater per cent,
Government stocks are always com.
paratively firm. Their value is fixed
and reliable, beyond all other secnri.
ties; for while n thousand specula.
tive bubbles rise and burst. as q rule
they are never below par, and arc
often above.
The general rate of interest H. six
per cent, payable annually. This is
seven and three tcnths, payable semi
annually. If you lend or mortgage,
there must be a searching OF titles,
lawyers fees, stamp duties and de-
lays, and You will finally have return
ed to YOU only the same kind of mon.
ey you would receive from the Coy.
crnment, and less of it. II yon in
vest in this loan, YOU have no troub.
lc. Any bank or banker will obtain
II for you without charge. To each
note or bond are nfilxed five icon
pons" or interest tickets. due ut the
expiration OF each successive half
year. Tkc holder of note has sim.
ply fe cut of one of these coupons,
present i 10 the nearest bank or Gov.
ernment Agency, .nd receive his in.
terest; the note itself need not he
pressnrcd at all. Or q coupon thus
payshle will everywhere he equiva-
lep'', when due, TO money. If you
wish to borrow ninety cents on the
dollar upon the notes, you have the
highest security in the market to do
II with. If you wish TO sell, it will
bring within fraction OF cost and in
tcrest Mt any moment. 1t will he
very handy to have in the house.
II is convertible into n six per
cent. gold.bepring bond. At the cN-
piration of three years a holder of
the notes Of the 7.30 loan has the OPP
tion of accepting payment in full or
of funding his notes in six per cent.
gold interest bond, the principal pay
able in not lese than five, nor more
than twenty years from it's date, as
the Government may elect. These
bonds are held at such n premium rs
10 make this privilege now worth two
or three per cent, per annum, and
adds 80 much to the interest. Notes
of the same class, issued three years
ago, are now selling at q rate that
fully proves the correctness of this
abatement.
But aside from all the advantages
we have enumerated, special act of
Congress exempts all bonds and
treasury notes from local taxation. -.
On the average this exemption it
is worth two per cent. per annum, ac-
oouling TO the rate of taxation in va.
rious parts of the country.
While this loan presents great ad.
vantages to large capitalists, it offers
special inducements to those who
wish to make n safe and profitable in
vestment of small savings. it 10 in
every way the best Savings Bank
tor every institution OF this kind must
somehow invest it's deposits proiita'
bly, in order to pay interest and ex'
penses, They will invest largely in
this loan, ne the best iNveatmcnt- -
Put from the gross intS@<st which
sshev receive, they must deduct large.
! II for the expenses of the bank
Their usual rate of interest allowed
10 Heposisors in FIVE per cent, upor
sums over $500. The person who
/. invests directly with Government vii
receive almos. so per cent more -
Thus the man who scposits $1,000 il
- a prayate savings hank receives 81
: dollars year interest; ifhe deposits
The same sum in this National So
= vings' Bank ne receives 73 dollars
For those who wish TO find n safe
convenient, rad profitable means O
Investing the surplus ccrnings whicl
they have reserved for t. cir old ag
or for the jbcneft Of their children
there is nothing which preseats 81
uoouy odvontoSrea rs this Natif. M