The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1917-05-22
LIBERTY LOAN
MANUAL


What Is Liberty Loan Bond?
A liberty loan bond is a solemn promise
of the United States to pay at maturity
the amount of the bond to the holder
thereof and to pay interest semi-annually
each year from the date of the issuance
Of the bond until it is fully and finally
What Is the Security for a Liberty Loan
Bond?
The faith and honor of the United
States. backed by all of the resources of
the nation and the American people. A
liberty loan bond is a mortgage on all the
resources and taxing powers of the gov
eminent and all of the resources of the
American people.
What Is the Nature of a Liberty Loan
Bond?
There are two kinds of liberty loan
bonds. Bearer bonds are to be issued in
denominations of $50, 500. $500, and 81 900.
able to bearer, have interest coupons at
tached which are detached by the holder
when the interest installments they repre-
sent are due, and can be cashed at any
bank the same as a United States Treas
ury note.
Registered bonds are to be issued, which
are registered as to both principal and in
terest, in denominations of 500, $500,
1000. 5000, $4,000, 10000. and 100000;
be mailed out semi-annually to the holders
of these registered bonds.
What Are the Terms of Liberty Loan
Bond?
Liberty loan bonds of the first issue of
s., OOO, 600 900 are to bear date of June 10,
1917, and to run for thirty years, except
that the government reserves the right to
pay them fifteen years after date. If this
right is not exercised by the government
fifteen years from date, the bonds will run
the full thirty years
These bonds bear interest at 31a per
cent per anEum, and the interest is paya-
BILE semi-annually on the fifteenth day of
December and the fifteenth day of June
in each year.
What Special Advantages Have These Lib
ity Loan Bonds?
One especial advantage no other bonds,
national, state, municipal, or corporate,
have is that if the United States during the
continuance of this war shall issue other
bonds at g higher rate of interest, the
holders of these liberty bonds have the
right to exchange their liberty bonds for
bonds bearing the higher late of interest.
dollar for dollar.
What Other Special Advantages Do These
Bonds Possess?
They are nontaXable. If your city, coun-
ty, and state taxes are three mills on the
dollar, a not unusual tax, these bonds are
equivalent to ordinary corporate bonds or
other investments bearing 6h per cent.
In addition, no Federal tax which war
conditions may later make necessary Will
affect these bonds. The only tax these
bonds are subject to is the inheritance
tax, which applies to all property of all
kinds whatsoever.
How Are Liberty Bonds Obtained:
Blank forms of application for the pur-
chase of these bonds can be obtained from
the Treasury Department, any Federal
reserve bark, any national, state, or pr.
office in the United States. Any bank or
postmaster will aid applicant in filling out
his blank and the other acts necessary to
obtain these bonds.
If These Bonds Are So Desirable, Why Is
1t Necessary to Advertise Them Exten-
sively?
1t is. not necessary to advertise these
bonds to sell the whole issue, but it is
I 90 i'm fln 1rn6 fhnf
popular loan, loan by and from the PEG
pie at large of the United States, and not
alone from banks, trust companies, and
financiers. To that end bonds are to be
issued of small denominations, and sub
scribers for small amounts are to be sup
piled before the subscribers for large
| amounts granted their full subscrip-
! ton.
Is It Patriotic to Purchase These Bonds9
Yes; every American who sIbscribes to
| the justice of the course of the United
States in entering and conducting the wal
we are now engaged in should subscribe t.
| the liberty loan bond issue to the extent OF
his or her financial ability.
Every American who subscribes to the
belief that American should stand by
his or her country should subscribe to the
! liberty loan bond issue.
Every American who loves America and
is jealous of Americas honor should sub
scribe to the liberty loan bond issue The
real success of the loan is to be more de-
termined by the number of Americans
participating in 1t than by the amount
subscribed. The spirit of the nation is
going to be judged abroad, especially by
our enemies, more by number of its Amer
lean men and women who support this
bond issue than by the mere amount OF
money subscribed.
Your Patriotic Duty-Buy a Liberty Loan
Bond.
A Liberty Loan Bond Is a Mortgage on
the United States.
Remember the Lusitania and Buy a Liber-
ty Loan Bond.
Why Liberty Loan?"
The 5000, 600, 900 bond issue of this year
| ia named The Liberty Loan of 1917" be-
| cause it is to be a loan from a free people
| to be used in freeing the world.
1t is the loan of a liberty-loving people
| to be devoted to the establishment of lib
| erty in Europe and on the high seas.
| 1t is the loan of the great democracy OF
| the New World to redress the wrongs and
support the cause of the democracy of the
! Old.