The Dermott news., 1917-05-24
LIBERTY LOAN OF 1917.
Official Information

Official Information
 A good many inquiries have reached this office as to whether or not the Liberty Loan Bonds are taxable, etc, in reply to which we are publishing the following authoritative information furnished us for publication by the Treasury Department of the United States Government This information is official and can be absolutely relied upon:
 WHAT Is A LIBERTY LOAN BOND? A Liberty Loan Bond is solemn promise of the United States to pay at maturity the amount of the bond to the holder thereof and to pay interest semiannually each year from the date of the issuance of the bond until Il Is fully and finally paid.
 THE SECURITY
 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 k mortgage on all the resources and taxing powers of the Government and all of the resources of the American people
 TIE NATURE
 cbese9rs are two kinds of Liberty Loan ,,..--. ;. Bearer Bonds are to be issued in denominations of S50. Si00. S50e. and Sl,00o. These Bearer Bonds, which are made payable to bearer. have in terest coupons attached which are de tached by the holder when the interest installments they represent are due, and can be cashed al any bank the same as United States Treasury note
 Registered bonds are to be issued, which are registered as to both prin- cipal and interest. in denominations of $l00, $500, $l,000 $5, 1000, $l0, GOO. $50,000, and $l00, GOO; checks for the amount of interest due will be mailed out semannually to the holders of these registered bonds
 TIE TERMS
 Liberty Loan Bonds of the first issue of $2, GOO, 000. 000 are to bear date of June i5. 1917, and to run for thirty years, except that the Government re serves the right to pay them fifteen years after date. Il this right is not exercised by the Government fifteen years from date the bonds will run the full thirty years.
 These bonds bear interest al 35 per cent per annum. and the interest is payable semiannually on the fifteenth day of December and the fifteenth day of June in each year.
 SPECIAL. ADVANTAGES
 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 higher rate of interest, the holders of these Liberty bonds have the right to ex- change the Liberty bond for bonds bearing the niger rate of interest, dol lar for dollar.
 OTHER ADVANTAGES
 They are nontaxable. If your city, county. and State taxes are three mills on the dollar. not unusual tax, these bonds are equivalent to ordinary cor porate bonds or other investments bear ing 6A per cent.
 In addition. no Federal tax which war conditions may later make neces- sary 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 OBTAINED
 Any bank or postmaster will aid ap- picant in filling out his blank and the other acts necessary to obtain these bonds.
 NECESSARY TO ADVERTISE
 1t is not necessary to advertise these bonds to sell the whole issue but it ia earnestly desired that this loan shall be popular loan. loan by and from the people at large of the United States, and not alone from banks, trust companies. and finaneiers. To that end bonds are to be issued of small de- nominations, and subscribers for small amounts are to be supplied before the subscribers for large amounts are granted their subscription.
 Is IT PATRIOTIC TO puRCHAsY Yes; every American who subA.ls5
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