The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1865-03-01
Facts About the 7-3os-The
Advantages they offer.

+ THEIR ABSOLUTE SECURITY Nearly al
active credits are now based on Governmen
securities, and banks hold them as the very
best and strongest investment they can mak'
II it were possible to contemplate the finan
/ eiat failure of the Government, bank
would be any safer. If money is loaned or
! individual notes or bond and mortgage, Il
! Will be payable in the same currency th
Gnvernment pays with, and no better. The
Governm ent never has failed to meet its en
gagements, and the national debt is a first
mortgage upon the whole property of the
country. While other stocks fuctuate from,
ten to fifty or even greater per cent, Gov
eminent stocks are always comparatively
hsm. Their value is liked and reiIaUie, pe-
yond all other securities; for while thou
sand speculative bubbles rise and burst, as
rule they are never below par, and are often
Bbove.
It's LIBERAL INTEREsT-The general rate
of interest is six pei cent, payable annually
THls is seven and three tenths,, pay bic 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
msney you would receive from the Govern
ment, and less of it, If you invest in this
loan you have no trouble. Any bank or
OdhhCI VIII OUtdlI IL Tor yOu without charge.
To each note or bond are affixed five coupons
or interest tickets, due at the expii alton OF
each successive half year. The holder of a
note haa simply to cut off one OF these ceu-
pens present it to the nearest bank or Gov
ernnent Agency and receive his interest: the
note itself need net be presented at all. Or Il
coupon thus payable will everywhere be
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. If you wish to sell, it
will bring within fraction OF cost and interest
at any moment. 1t will be very handy 10
have in the house.
1T Is CONVERTIBLE into a six per cent gold
bearing bond. At the expiration of three
gears a holder of the notes of the Z so Loan
has the option of accepting payment in full
or of funding his notes in six per ceut gold
interest bond, the principal payable in not
less than five, hor more than twenty years
from its date, as the Government may elkct.
These bonds are held at such premiurp as
to MAKE this privileges now worth two or three
per cent per apnum, and adds so mnch to
the interest. Notes of the same class, issued
three years ago, are now selling at rate that
fully proves the correctness OF this statement.
It's EXEMPTION From STATE On MUNICIPAL
TAXATION But aside frem all the adyan-
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
capitalists, it offers special Undue ments 10
those who wish to make safe AID prohLa bic
Investment of small savings. 1t is in every
way the best Savings Bank for every in.ti-
tuition OF this kind must somehow invest lis
deposits rsitably in order to pay intel ct
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 tne
Bank. Their usual rate of interest allowed
to deposjtors is per cent, upon sums over
5000. The person who invests directly with
with Government will receive almost 50 per
Cent. more. Thus the man who deposits
$lees in private Savings Bank receives so
dGllats a year interest; if he deposits the
same i'll this National Savings Bank he
receives 73 dollars. For those who wish to
find safe convenient, and profitable means
of investing the surplus earnings winch they
hava reserved fer their old age or the benefit
of their children, there is nothing which pre-
sents so many advantages as this National
Lean
THE HIGHEST M0TIVE.-The war is evi
IDENTIFY drawing to a clese, bat while it lasts
the Treasury must have monny to meet its
cost, and every motive that patriotism can in
inspire should induce tho people to supply
its wants without delay. The Government
can buy cheaper for cash in hand than on
credit. Let MS see that its wants are ,prsmpt-
ly and literally satisfied.
Neac York Examiner.