The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-06-30
FACTS ABOUTTHE 7-30s-THE AID
VANTAGES THEY OFFER. f

THEIR ABSOLUTE sEcuRIry-Neary all active credits are
now based on Government securities and banks hold them
as the very best and strongest investment they make
II II we're possible to contemplate the financial failure Of
the Government no bank would be any safer If money
is loaned on Individual notes or bond and mortgage it
will be payable in the currency the Government
pays with, and no better The Government never has
failed to meet its engagements and the national debt is
While other stocks fuctuate from ten to fifty, or
greater per cent? Government stocks always compare
lively firm Their value fixed and reliable, beyond all
other securities; for while thousand speculative bubbles
rise and burst rule they below par and
often above
IEs LIBERAL IYrEREsTThe general rate of interest is
six per cent, payable annually This is and three
tenths payable semi-annually If you lend mortgage,
there must be searching Of titles lawyers fees stamp
duties and delays and you will finally have returned to
you only the kind of money you would receive from
the Government aud less It, Iyou invest in this loan
you have no trouble Any bank banker will obtain it
for you without charge 10 each note bond affixed
Eve coupons interest tickets due at the expiration Of
each successive halear The holder of note has simp
to cut of one of these coupons 1t to the nearea
bank or Government Agency and receive his INTEREST," the
note itself Mood not be presented at ALL Or coupon thus
payable will everywhere be equivalent when due to
nsy If you wish to borrow ninety cents the dollar
upon the notes. you have the highest security in the
ket to do 1t with. you wish to SELL 1t will bring within
fraction Of cost and interest any moment 1t will be
very handy to have in the house.
1t IS CONVERTIBLE into six per cent goldbearing bond
At the expiration OF three years holder of the notes of
the 100 Loan has the option Of accepting payment in full
or funding his in six pcr cent goldutcrest bond
tho principal payable in not less than ve more than
twenty years from its date the Government may elect
These bonds held at such premium to make this
privilege worth two or three per cent per annun and
adds much tho interest Notes of the class
ed three years ago. selling at rate that fully
proves the correctness of this statement.
Irs EXEMPTION FROM STATE OR MUNICIPAL TAxATIoN-
But aside from all the advantages we have enumerated
special Act of Congress erempts all bonds and Treasury
Rotes from local taxation. On tho average this exemption
worth about two per cent per annum according the
te Of taxation in various parts of the country,
Ir IS NATIONAL SAVINGS BAyK-While this loan pre-
great advantages to large capitalists it offers special
Inducements to those who wish make safe and prota
Ole investment of small savings every way the best
Savings Bank; for every institution of this kind must
somehow invest Its deposits profab in order pay in
and expenses They will invest largely in this Loan
the best investment But from the gross interest which
they receive they deduct largely for the expenses
the Bank Their usual rate of interest allowed deposit
tors per cent upon sums over $780, The person who
invests directly with Government will receive almost so
per cent. more Thus the man who deposits $1,000 in a
private Savings Bank receives 30 dollars year interest
If he deposits the in this National Savings Bank
he receives 70 dollars. For those who wish to find safe
convenient and profitable investing their surplus
earnings which they have reserved for their old age or for
the benefit of their children there nothing which pre-
seuts 50 many advantages as this National Loan.
je-H q