The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1865-02-25
Facts About the 7-3Os--The Advan-
tauaS thew offer.

Facts About the 7-3OS--The AoVan-
tages they offer.
THEIR ABsoLuTE SEcURlTY.-Nearly all active
credits are now based on Government securities,
and banks hold them rs the very best and strong
est investment they can make. If it were posi-
BILE to contemplate the financial failure Of the
Government, no bank would be any safer ri
money is Loaned on Individual notes or bond and
mortgage, it will he payable in the same curren-
cy as the Government pays with, and no better.
The Government never has failed to meets IFS en-
gagements, and the national debt is a first mort
gage upon the whole property OF the country
" lille other stocks fuctuate from ten to fifty, or
even a greater per cent, Government stocks are
always comparatively firm. Their value is liked
and reliable, beyond all other securities for while
thousand speculative bubbles rise and burst, as
a rule they are never below par, and are often
It's LIBERAL iNTEREsT.-The general rate of
interest is six per cent, payable annually. tbs
is seven and tiiree-tenths, payable annually.
If you lend on mortgage, there must be a search
ing of titles, lawyers fees, stamp duties and de-
lays, and you will finally have returned TO you
only the same kind of money you would receive
from the Government, and less of it. lfyou in
vest in this loan you have no trouble. Any bank
or banker will obtain tfor you without charge.
To each note or bond are affixed FIVE 'conpons"
or interest tickets due at the expiration of every
successive half-year The holder of a note has
simply to cut off one of these coupons present
it TO the nearest bank or Government Agency,
and receive his interest; the note itselfneed not
lie presented at ALL Or coupon thus payable
will every where be equivalent, 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 it with. If you
wish to sell, it will bring within fraction of
cost and interest at any moment. 1t will be We
nv handy to have in the house. IF
IT is coNvERTiBLE into six per cent. god-bear-
ing bond At the expiration Of three years a
holder Of the notes of the 7-30 Loan has the OPP
ton of accepting payment in full or Of funding
his notes in six per cent, gold interest bond,
the principal payable in not less than five, nor
more than twenty years from this date, as the
Government may elect. These bonds are held at
such premium as to make this privilege now
worth two or three per cent. per annum, and
adds so much to the interest. Notes Of the same
class, issued three years ago are now selling at a
rate that fully proves1the correctness of this
statement sa5 ias s. ni9ei 4ieioi'" ~
ITs EXEMPTION FROM STATE OR MUNICIPAL TAXA
II. A. I
enumerated q special Act of Congress e1enlpts 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 SAVING, BANK While this
loan presents great advantages to large capital
lists, it offers special inducements to those who
wish to make safe and profitable investment
of small savings. 1t is in every way the best
Savings Bank !; for every institution of this kind
must somehow invest its deposits pro6tably in or
der to pay interest and expenses. They will in
vest largely in this loan, as the best investment.
But from the gross interest which they receive,
they must deduct largely for the expenses OF the
Bank. Their usual rate of interest allowed to
dcpositors is per ceut., upon sums over $500.
The person who invests directly with Govern
ment will receive almost so per cent. more. Thus
the man who deposits $1,000 in a private Savings
Bank receives so dollars year interest; if he de-
posits the same sum in this National Savings
| Bank he receives 70 dollars. For those who wish
to find safe, convenient and profitable means of
investing the surplus earnings which they have
reserved for their old age or for the benefit of
their children, there is nothing which presents so
many advantages rs this National Loan.
THE HIGHEsr MoTIvE-The war is evidently
drawing to close, but while it lasts the Treasu-
.ry must have money TO meet its cost, and every
motive that patriotism can inspire should induce
the people to supply its wants without delay
The Government can buy cheaper for cash in
hand than on credit. Let us see that its wants
are promptly and literally satisfied. dV