The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1865-03-15
Facts About the 7-3os-The
Advantages they offer.


THEIR ABSOLUTE SECURrTY.-Nes all
active credits are now based on Government
securities, and banks hold them as the very
best and strongest investment they can make
II it were possible to contemplate the finan-
eial failure of the Government, no bank
would be any safer. II money is loaned on
individual notes or oond and mortgage, IL
will be pavahla in the same currency as the
Government pays with and no better. Tie
Cioyerp,p ant never has failed to meet its en-
caG-Iueuts and the national debt Is a first
mortgage upnn the whole property Of the
couutry while ot her stocks huctuate from
ten to fifty or even a greater per cent, Gov
ernment stocks are always comparatively
fisni Their value is fixed and reliable, be
yond all other securitesj for while thou
sani speculative bubbles rise and burst, aS
a rule they are never below par, and are often
Bbove.
Irs liberal INTEREST The general rsto
of interest is six pc, cent, payable annually.
THIs is seven and three tenths, payable semi
annually. If you lend on mortgage, there
must be serching of titles, lawyers fees,
stamp duties and delays, aud will finally
hayo returned to you only the same kind of
money YOU would receive from the Govern
ment, and less of it. If you invest in this
loan you have no trouble. Any bank or
banker viii obtain it for you without charge.
To each note or bond are affixed FIVE "coupons"
or interest tickets, due at the expiration of
each successive half year. The holder OF a
note haa simply to cut off one of these coil
pons present it to the nearest bank or Gov
eminent Agency and receive his interest; the
note itself need not be presented at all. Or a
coupon thus payable will everywhere be
equivalent, ween 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 very handy to
have in the house.
IT Is CONVERTIBLE into six per cent gold
bearing bond. At the expiration of three
years holder of the notes of the T.30 Loan
has the option of accepting payment in full
or of funding his notes in a six per ceut gold
interest bond, the principal payable in not
less than five, nor more than twenty years
from its date, as the Government may elect.
These bonds are h.ld at such premium as
to MAKE this privilege now worth two or three
per cent per annuru, 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.
Irs EXEMPTION FROM STATE On NrN1cIPAL
TAXATION. aside from all the adyan-
tages we have enumerated, "a special Act OF
Congress exempts. all bonds and Treasury
notes from local tsxation. 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 SAYINGS BANK-while
this loan presents great advantages TO large
capitalists, it offers special induc ments TO
those who wish to make safe aud profitable
Investment of small savings. 1t is in every
way the best Savings Bank; for every insti-
utinn of this kind must somehow invest it's
deposits roftably in order to pay interest
aud exrenses. They will invest largely in
this loan, as the best in vestmant. Rut from
he giosa ,ntertst which they receive, they
iu>t deduct largely for the expenses of the
sank. Their usual rate of interest allowed
Ia depositors is > per cent. unon sums over
5000. The person who invests directly with
with Government will receive almost so per
c-nt more. Thss the man who deposits
s. oe0 in u private SAVING Bank receives so
i1liats year Interest: II he deposits the
same sun in this National Savings Bank he
receives - dollars. For those who wish 10
end safe, convenient, aud profits bic mes US
of investing the surplus earnings which they
hava reserved for their old age or the benefit
of their children, there is nothing which pre-
sents so many advantages as this National
Loan
THE HIGHEST MOTIVE The war is e~i
IDENTIFY drawing to a clese, hat while it lasts
the Treasury must have money to meet its
cost, and every motive that patriotism can in.
inspire should induce the people to suppl,
its wants withou. delay. The Government
can buy cheaper for cash in hand than OF
credit. Let as see that its wants are prompt
ly and literally satisfied.
New York Eramtner.