The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1865-02-18
Facts About the 7.3O's-.The Ad.
v0ntoges they OAeF.

THEIR ABSOLUTE SEcuR1TY.-Nearly all
active credits are now based on Govern
ment securities, and banks hold them az
the very best and strongest investment
they can make. II il were possible to con.
template the financial failure Of the Gov.
eminent. no bank would be any safer. II
money is loaned on individual notes, or
bond and mortgage, it will be payable in
the same currency as the Government paws
with. and no better. The Government
never has failed to meet its engagements.
and the national debt is . trst mortgage
upon the whole property. While other
stocks ductua:e from ten to fifty, or even a
always comparatively irm. Their value
is fixed and reliable, beyond all other So
curities for while thousand speculative
bubbles rise and burst, as q rule they are
never below par, and are often above.
ITS LIBERAL lNTEREsT.-The general
rate OF interest is six per payablean.
nually. This is seven and three.tenths.
payable semi.annually. II you lend on
mortgage, there must be searching of ii.
ties, lawyers fees, stamp duties aud delays
and you will finally have returned to you
the same kind Of money you would receive
from the Government, and less of it. IF
you inv vest in this loan you have no trouble.
Any bank or banker will obtain it for you
without charge. To each note or bond are
affixed Eve coupons or interest fickets.
due at the expiration of each successive
half-year. The holder Of note has Sim.
ply to cut OF one of these coupous, present
1t to the nearest bank or Government
Agency and receive his interest; the note
Itself need not be presented ut all. Or, a
coupon thus payable will everywhere be
equivalent, when due, to money. II you
upon the notes, you have the highest secu-
rity In the market to do it with. II you
wish to sell it, it will bring within q frac-
tioo Of cost and interest at any moment
It will be very handy to have in the house.
It IL convertible into = six per cent. gold.
bearing bond. At the expiration of three
years holder OF the notes of the 7:3O Loan
or Of funding his notes In q six per cent.
gold interest bond. the principal payable
IN not less than i've, nor more than TWEEN
ty years from its 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 u rate that fully proves the
correctness OF this statement
ITS EXEMPTION FROM STATE OR MUNIC.
IPAL TAxATI0N.-But aside from all the
aovsntages we have enumerated, . special
Act OF Congress eren,pts all bonds and
treasury notes from local taxation. On the
average this exemption is worth about two
per cent. per annunl, according to the rate
OF taxation in various parts Of the country.
1T Is A NATIONAL SAVINGS BANK.
While this loan presents great advantages
large capitalists, 1t offers special induce.
ments to those who wish to make safe il.
vestment of small savings. It is in every
way the best Savings Bank; for every in
stitution Ofthis kind must somehow invest
its deposits proftably in order to pay in
tereat and expenses. They will invest
largely in this loan, "a the. best invest
they receive, they must deduct largely for
the expenses of the Bank. Their usual
rate of interest allowed to depositors at S
per cent. upon sums over $500. The per-
son who invests directly with Government
will receive almost SO per cent. more
Thus the man who deposits $1,000 in q pri-
vote S,viny's Bank receives SO dollars
year interest; ii he deposits the same sum
IN this National Savings Bank he receives
Is dollars; For those who wish to find
safe. convenient, and profitable means Of
investing tho surplus earnings which they
have reserved for their old age or for the
benefit of their children, there is nothing
which which presents SO many advantages as this
The HIGHEST MoTIvE.-The war is evil
IDENTITY drawing to close, but while it
laets the Treasury must have money to
meet Its cost, and every motive that patri-
otlsm can inspire should induce the people
70 supply It's 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.