The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1865-04-05
Facts About the { 73Us-f;lilee
Advantages they oil, i. -

4 A - 4. u
THEIR ABSOLUTE sRcURfTY.-NesrTy IN II
active credits are now based ON Government
securities, and banks hold them the very
best and strongest investment they can make
II it were possible to contemplate the fnan-
oiaI failure of the Government, no bank
would be suy safer. II money Is loaned on'o.
individual notes or bond and mortgage II *
viii be pay able in the same currency as the 2
Government pays with, and no better. The
Governm ent never has failed TO meet fts ens 90
gagemeEts, and tha national debt Is q frat g
mortgage upon the whole property of the
country. While other stocks ductuate from
ten to fifty or even a greater per cent, Coz -
ernmapt stocks are always comparatively -
6sin Their value is fired and reliable, be-
yond all other securities; for while d thou =.
sand speculative bubbles rise and burst, as 'e'
q rule they are never below par, and are often
Bboye. PSI
Irs l.rsKR AL 1srEREsr.--The general rate
of interest is six pei cent, payable annually f's
THIs is seven and tlree-tenths, payable SENT -
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 1t. If you invest In this
loan your have snortronblss ANY bank aer
banker will obtain 1t for you without charge sk
To saeh note or bond are affixed Eve scouponsY
each successive half year. The holder of aals
note haa simply to cut off one of these soour,a
ponss present Il to the nearest bank or Cow
eminent Agency and receive his interest; tbs n
note itself need not be presented at all. Ora
coupon thus payable will everywhere bestn
equivalent, ween due, to money. Ifyou 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 interest
at any moment. 1t will be very handy 40 AZ
have in the house, saA ssa a.ftI .gsszg
IT Is CoNvKRTIBLE into a six per cent gold
bearing bond. At the expiration of thissse
years holder of the notes of the 7-3O Loan
has the option of accepting payment in full. a
or of funding his notes in six per ceut gold
interest bond, the principal payable in nat,ss
less than five, nor more than twenty years.
from its date, the Government, mag eiect+tis
These bonds are held at such q premium AS -
to MAKE this privilege now worth two or threei
per cent per annum, and adds so mnch TO
the interest. Notes of the same class, issued -
three years ago, are now selling at raie that -
fully proves the correctness of this stateineut-
Irs ExEMPTIoS FROM STATE On .ArslcIrAL
TAxATIeE.--But aside from all the adx-n7ae
tages we have enumerated, q special eAcs of *
Congress exempts all bonds and Treasury ~
notes from local taxation. On the averAges,,s
this exemption is worth about, two per G. nt-.
in various parts of the country. II p zs,s .sas
IT Is A NATIONAL SAVINGS BANK--whiie,a
this loan presents great advantages to .ss
capitalists, 1t offers special Inducements to-.
those who wish to make a safe and proftahis
investment Of small savings. It is in evsrye2
way the best Savings Bank; for every, insti-s<
tuition of this kind must somehow invest it's
deposits Iroftably in order to pay interest,"
| and expenses. They will invest largely in
this loan, as the best Investment. But from
the gross interest which they receive, they $
must deduct largely for the expenses of tbe;n
Bank. Their usual rate of interest allowed
to depositors is per cent, upon sums over -
$500. The person who invests directly with s
with Government will receive almost 90 per
cent more. Thus the man who deposits
$1,000 in a private Savings Bank receives so :,
dollats 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, and profitable means =
of investing the surplus earnings which they :.
hava reserved for their old age or the bepeft
of their children, there is nothing which pre- ~
sents so many advantages as this NationA
THE HIGHEST M0TIvE.---The war is .eyigis
IDENTITY drawing to . close, but while 1t Lasts
the Treasury must have money to meet ltsS.
cost, and every motive that patriotism can, in
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 prompt-as
ly and literally satisfied. aa4ss - ssssts
Neso. York Eranainer. sIss