The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1865-03-22
Facts About the 7-30s-The
Advantages they offer.

THEIR ABSOLUTE SECURITY. Nearly 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-
cial failure of the Government, 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 pays with, and no better. The
Government never has failed to meet its en-
gagemerts, and the national debt Is first
mortgage upon the whole property Of the
country. While other stocks fuctuate from
ten to fifty or even a greater per cent, Cow
eminent stocks are always comparatively
fsm. Their value is fixed and reliable, be-
yond all other securities for while q thou
sand speculative bubbles rise and burst, as
a rule they are never below par, and are often
Bbove. ssss
Irs LIBERAL IxTEREs1.--The general rats
of interest is six per cent, payable annually
TnIs 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, and will finally
havo 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 will obtain it for you without charge.
To each note or bond are affxed FIVE sscoupons~
or interest tickets, due at the expiration Of
each successive half year. The holder Of 8
note haa simply to cat of one of these cou-
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 r.
coupon thus payabls viii everywhere be
equivalent, ween due, to money. If you yish
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 70 sell, H.
Will bring within fraction of cost and interest
at any moment, 1t will be very handy to
have in the house. skkttts
In Is CosvERyIBLE iHto a six per cest gold
bearing bond. At the expiration of three
gears holder of the notes of the $50 Loan
has the option of accepting payment in full
or offunding his notes in 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 held at sueh premium az
to make this privilege now worth two or three
per cent per annum, and adds So mnch to-
the interest. Notes of the same class, issued
three years ago, are now selling as rate that
fully proves the correctness of this stasements
1rs EXEMPTION FROM STATE 0A iMpslcrrAL
TAxATIeE.--But aside from all the adyan-
ages we have enumerated, special Act Of
Congress exefnpfs all bonds and Treasury
notes from local taxation. On the average
this exemption is worth about two per cent.
per annens, according to the rate Of taxation
in various parts Of the country.
IT Is A NATIONAL s SAyINGS BANK..while
th,s loan presents great advantages TO large
capitalists, it oaers special Inducements to-
those who wish to make a safe aud profits
investment OF small savings. 1t is in every
ha-s tx,It
tuition OF this kind must somehow invest it's
deposits roRtably in order to pay interest
aud expenses. They will invest largely in
This loan, as the best investment. But noin
the gress interest which they receive, they
must dcauet largely for the expenses ofths
Bank. Their usual rate of interest allowed
to- depositofs is 5 per cent. upon suias over
$500. The person who invests directly with
with Government will receive almost 50 per
cent. more. Thus the man who deposits
$1,000 in private Savings Bank receives 90
dollats year interest; if he deposits the
same sum in this National Savings. Bank he
receives 10 dollars. For those who wish 10
find safe, convenient, and profitable means
of Investing the surplus earnings which they
haya reserved for their old age or the benefit
OF their children, there is nothing which pre-
sents so many advantages as this Maizena,
Loan
THE HIGHEST M0TlVE.-The' war is evil
IDENTIFY drawing 10 close, but while it lasts
the Treasury must have money TO meet its
cost, and every motive that patriotism can in-
inspire should fndrce the people to supply
its wants without delay. The Governmept
can buy cheaper for cash in HAND than on
credit. Let US see that its wants are prompt
ly and liberslly satisfied.
NeD Yoyk Examiner.
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