Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-06-14
UNCLE SAM HAS FINE LINE OF
NEW ONES FOR SALE.
THEY CAN BE BOUGHT AT PAR
SUBSCRIPTIONS OF LESS THAN $500
TO BE ALLOTTED AT ONCE.
Larger subscriptions Must Wait-The
Bonds Are to BE Dated August i,
but Interest Begins as
sOon ms They Are
Paid For.

WASHINGTON, June 13-The govern
ment printing Office has added another feat
to its wonderful record of achievements.
1t has been known to print an edition OF the
Revised Statutes in a single night. and only
Q few weeks ago the report of the board OF
INQUIRY into the cause of the disaster to the
Maine was turned out by this great es-
tablishment in one night, including the IL
Illustrations which accompanied IT, Satur-
day afternon, at $3.50 o'clock, Secretary
Gage delivered into the hands OF captain
Bryan, foreman of printing, the material
to be used in the preparation OF circulars
relative to the new war loan authorized by
the act approved by the president to-oay.
Almost 100000 of these circulars, subscrip.
tion blanks and pamphlets descriptive OF
the bonds were required. Captain Bryan
hesItated as to whether or not the govern
ment printing Office, with all its vast facil-
tiles. would be able to accomplish SO great
an undertaking in the time required: That
is, between $3.50 .. m. Saturday, and q.
m Monday. 1t being the desire Of Secretary
Gage that fifty Of the most rapid mailing
clerks In the treasury department be In
possession of the material at the latter
Gated, the W entire | work Of printing had been
done and a wagon from the government
printing Office at ten minutes to delivered
the first 1000 of each Of the circulars,
blanks and pamphlets required.
The treasury force was busy to-day pre-
pairing for the mails the enormous number
order postofices, banks and express offices
and, In order to avoid congestion 81 the
mails. Assistant Secretary vandetlip invited
ten and the superintendent Of the railway
mail service. and, by their. direction. the
bundles are being prepared according to
ONCE in instaiiments. By tomorrow noon
this work will all have been accomplished
and these messengers from the treasury
will be on their way to millions OF Ameri-
It Is probable that never has such syste-
matte and energetic an effort been made to
viii noy wsi. Fsaef for f the people to come
an and child who has $40 to invest will not
lack an to buy
Already many have subscribed heavily
to the loan, not by single subscriptions. but
sy isa thu thus intention e fs os se
department, under the law, to consider
several subscriptions by the same individ-
ual. firm. or corporation in the asgregate,
subscriptions each for q go bond by the
same person, will be considered as single
subscription Of s1,eW for SO bonds. and
allotment until the 8 600 class is reached.
Another important feature In floating the
new loan is found in the fact that secrs.
and less, will begin the allotment at once.
This fact should be borne In mind by
small investors, in order that they may
moment when the heavy subscriptions
are taken up for consideration. For all
amounts received of $500 and under. re-
bonds delivered at the earliest practicable
date. This course is taken. 1t is under
stood, because 1t Is believed that. after
all the small demands are satisfied there
Wi gff he n q
among the large subscribers although the
Indications at the present time are that
the loan will be participated TN 70 an un-
Immediately upon receipt Of the infor-
nation from the White House. that the
war revenue bill had been sigged by the
the following circular. explaining to the
public the proposed bond issue:
The secretary Of the treasury invites
States for 500, ,ooo.ooo Of the bonds Of the
per cent loan authorized by the act OF
congress approved June Is. 1885, Sub
period of thirty-four days. the subscrip-
tion being open from this date to 3 o'clock
M On @ The E. 18th day m OF n9,h Sniy 1S ans
nominations Of go. sioo, 100 and 81 oee and
B. g. M Gsssssssd I a sseds % % sea sa Thss
will be dated August l. 1888. and by their
terms will be redeemable in coin at the
years from the date Of their issue and due
and payable August l, 1918.
1.-The bonds Will bear interest at the rate
of per cent per annurn. payable quarter.
ly; the. interest on the coupon bonds will
be paid by means of coupons. to be de-
tached from fhe bonds as the interest be-
tered bonds will be paid by checks drawn
to the order of the payees, and mailed to
..Ths law authorizing this issue of bonds
provides that In alloting said bonds the
several subscriptions of individuals shall be
first accepted. and the subscriptions Of the
lowest amounts shall be first allotted. In
accordance with that provision allotments
to all Individual subscribers will be made
before any bonds will be allotted to Other
IAN Individual subscriptions for 500 OF
less Will be allotted in full as they are
e re & ana he the e.
made. If the total sum subscribed for In
amounts of $500 or less should exceed 500.
OnD9l the allotments will be made accord.
ing to the priority of the receipt of the
"aliotinenta on subscriptions for ovel
scription closes. July IL. and will then bt
made inversely according to the size o.
the subscription. the smallest subscription
being first allotted. then the next in size, ant
SO on, preference being given to 'individua
subscriptions Persons subscribing for NOR,
than 500 must send in cash or u eertiiist IT i,s
sum subscribed for. such deposit to consti
tute partial payment, and to be forfeited
TO the United States in the event of ;
full payment for his subscription, accord
ing to the terms of the circular. Allot
ments to subscribers for more than 500 will
be made as soon as possible after the sub
scription closes. -
SIN order to avoid a toe rapid absorption
OF funds into the treasury. with possible
consequent evil effect on industry and com
merce. any subscriber for more than $50
will be permitted to take his allotment o
bonds in installments of 20 per cent, tax
ing the first installment within ten day
after the notice of the allotment, and TIL
balance at four equal intervals of fort.
days each in four installments each of
per cent of the bonds allotted. Delivery o
bonds will be made in installments as pay
must in all cases be made in full as tn
bonds are takeii The per cent deposi
will apply in the final installment. An
subscriber may pay for the whole amour
of the notice of his allotment. Interest wi
be adjusted from the time of the actua
payment, whether paid in one sum or i
instailments: rs permitted. tied, Separate sub
and considered as one, subscription.
THE secretary Of the treasury will re
orders payable at washington, b. % b., an
checks. bank drafts and express money OF
ders colleetible in the cities of New forl
Boston: PhiiadeIghia, Baltimore; q Washing
leans and San Francisco. All money OF
ders and bank drafts must be drawn 1
favor of the treasurer Of the United State
ceived will be forwarded for collection b
the department. and as soon as returns al
obtained the subscriber will be credite
with the amount Of his subscription as
also receive In payment for the bonds Gel
tificates OF deposit issued by the assstar