The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1865-03-08
Facts About the 7-30s-tThe
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
| IT it were possible to contemplate th6 fnan-
cial failure of the Government, no bank
would be any safer. If money is loaned on
| indivi notes or bond and mortgage, it
will be payable in the same currency as the
Government pays with. and no better. The
Govern1n ent never has failed to meet its en-
q.gements. and the national debt ls first
mortgage upon the whole property of the
| country. While other stocks ductuate from
ten to fifty or even a greater per cent, Gov
ernment stocks are always comparatively
ism. Their value is fixed and reliable, be-
yond all other securities; fer while a thou
sand speculative bubbles rise and burst. as
a rule they are never below par, and are often
Bbove.
ITs LIBERAL INTEREST The general rate
of interest is six pei cent, payable annually.
THIS is seven and three tenths, payable semi
annually. If you lend on mortgage, there
must be serching of titles, lawyers fees,
stamp duties and delays, and will finally
havo 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
banker will obtain it for you without charge.
To each note or bond are affixed FIVE coupons
or interest tickets, due at the expiration OF
each successive half year. The holder of a
note haa simply to cut off zone of these cou-
pons, present it to the nearest bank or Gov
ernment Agency and receive his. interest: the
note itself need not be presented at all. Or a
coupon thus payable will everywhere be
equivalent, ween due, to money. II you wish
to borrow ninety cents on the dollar upon the
notes, you have the highest security in the
market to do it with. Ifyou wish to sell, it
will bring within fraction of cost and intere
at any moment. 1t will be very handy to
have in the house.
IT Is CONVERTIBLE iato six per cent gold
bearing bond. At the expiration of three
gears holder of Ahe notes of the 7.30 Loan
has the option ofaccepting payment in full
or of funding his notes in six per cent gold
interest bond, the principal payable in not
less than five, hor more than twenty years
from its date. as the Government may elect.
These bonds are held at such a premium as
to make this privilege now worth two or three
per cent per annum, and adds SO mpch 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.
ITS EXEMPTION from DTATE OR Al
TAxAT1eN.--But aside from all the advan-
tages 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 cent
per annum, according to the rate of taxation
in various parts of the country.
IT IS A NATIONAL SAVINGS BANK.-while
this loan presents great advantages to large
aita oil o4ra cio oil nd IN
those who wish to make a safe aud profitable
investment of small savings. 1t is in every
way the best Savings Bank; for every insti-
tutinn nf this kind must somehow invest lis
deposits roftably in order to pay interest
and expenses. They will invest largely in
this loan. rs the best Investment. But from
the gross interest which they receive, they
must deduct largely for the expenses of TIE
bank. Their usual rate of interest allowed
to depositors is 5 per cent. upon suns over
$500 The person who invests directly with
with Government will receive almost SO per
cent. more. Thus the man who deposits
Siuo0 in private Savings Bank receives so
dallats a year interest; if he deposits the
same sum in this National Savings Bank he
receives 73 dollars. For those who wish to
find a safe, convenient aud profitable means
of investing the surplus earnings which they
hava reserved for their old age the benefit
of their children, there is nothing which pre-
sents SO many advantages as this National
Loan
THE HIGHEST MOTlVE.-The war is evi.
IDENTIFY drawing to close, but while it lasts
the Treasury must have money to meet its
cost, and every motive that patriots can in
inspire should induce the people to supply
its wants withou: delay. The Government
Oh for i iy, l.o lau on
credit. Let Us see that it's wants are prompt
ly and hberally satisfied.
NeaO York Examiner.