Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1865-03-04
Facts about the 5.3Os..The
Advantages they offer.

Al no time since the war begun have SUBJ
scriptions to Government Loan been taken
80 fesely as those to the 7-3O Loan. advertised
in to-day's paper. Not only capitalists. but
thousands of men of small means are invest
ing their savings in these bonds. In the
West this loan is extremely popular. as the
honda are exempt from local taxes, which tLv
war and tine bounty system have made very
high. We cheerfully give place TO the fol-
lowing article concerning the 1905, from
the ". Y Examiner
THEIR ABSOLUTE SEcURTTY.-Nearly all ac-
tive credits are now based on Government sc.
curities. and banks hold them as the very
best and strongest investment they can make.
II il were possible To contemplate the fnan-
cial failure Of the Government, no hank wo'd
lie any safer. If money 10 loaned on ina l.
yidual notes or bond and mortgage, it will
be payable IN the same curreEcy as the Gov
ernment pays with. and no better. The Gov
eminent never has e lied to meet its engage
men;s. and the nation Il debt is a first class
mortgage upon the whole property Of the
country. While other stocks fuctuate from
ten to nifty. or even greater per cent, Cow
ernment stocks are always comparatively
firm. Their value is fixed and reliable, be-
and 8, ulative bubbles rise and burst, as a
rule they are never below par, and are often
above.
ITs LIBERAL ISTEREsr.-The general rate
OF interest rs SIX per cent. pIpahie annually.
l his ~ seven and three-tenths. payable semi
annually. If you lend ON mortgage, there
must be a searching of titles, LAWYERS fees,
stamp duties and delays, and you will finally
have returned To you only the same kind IF
money You would receive from the Govern
ment. and L 80 of it, If yeu 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 affixed five cou.
pons" or interest tickets. due at the expira-
ton Of each successive halt, ear The hold
er of note has simply to cut off one of these
coupons, present it to the nearest bank or
Government Agency, and receive his interest
the note itself need not be presented at ALL
Or coupon thus payable will every where be
equivalent. when due, to money. If YOU
wish to borrow niuety cents on the dollar up.
ON the notes, you have the highest security
in the market TO do il with. If you wish TO
sell. 1t will bring within fraction of cost
and interest at any moment IL will be very
handy to have in the house.
IT Is CONVERTIBLE into six Der cent gold.
bearing bond. Al the expiration Of three
years holder OF the notes of the 7-3O Loan
has the option of accepting payment in full or
funding his notes in a six per cent. gold inter-
est bond. the principal payable in not less
than five. nor more than twenty years from
its date, as the Government NAV elect These
bands are held at such premium as to make
this privilege now worth two or ,hree per
cent per annnm. and adds 50 much to the in
terest. Notes of the same lass. issued three
years ago. are COW selling at rate that fully
proves the correctness of this statement,
IT, EXEMPTION FROM STATE on MUNICIPAL
TAXATION --Bnt aside from all the advanta-
yes We have enumerated. special Act of
Congress exempis all bonds and Treasury
notes from local taxation. On the average
this exemption is worth about two per cent.
per annun. according to the raie of taxation
IA various parts OF the country.
IrrsA national SAVINGS BASK.-while
this loan presents great advantages to large
CAPT alists, II offers special Inducements To
those VIII" wish To make safe and profitable
| Investment OF small savings. 1t il in every
way the best Savings Bank for every insti-
teton of TINS kind must somehow invest its
deposits profitably in order to pay interest
and expensss. They will invest largely IN
this loan. AZ the best investment But from
the gross interest which they receive. thew
must deduct largely for the expenses of the
Bank. Their usual rate oil interest allowed to
depositors is per cent. upon sums over 500
The person who invests di. ectly with Govein n
n,ert " Ill receive almost so per ent. more =
Thus the IMAM who deposits $1,000 in pri-
! vate Savings Bank receives so dollars year
interest; If he deposits the same sum in this
National Savings Brink he receive, 70 doll
lars. For those who wish TO find safe. con-
venient. and profitable means of investing
the surplus earnings which they have reserved
for their old age or the benefit Of their chill
dren. there is nothing which pr el.ts so many
advantages as this National Loan.
The HIGHEsr MoTIvE.-The war ifevident-
ly drawing to a close. but while il lasts the
Treasury must have money to meet its costs.
and every motive that patriot iscm can inspire
should induce the people to supply its wants
without delay. The Government can buy
cheaper for cash i'm hand than on credit. Let
us see that its wants are promptly and liber-
ally satisfied.