Semi-weekly herald., 1917-05-24

interest installments they represent
are due, and can be cashed at 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 500, 5000, $1,000, $4,000, $4,000,
$4,000, and 100000; checks for the
amount of interest due will be mailed
out Immediately to the holders of
these registered bonds.
What Are The Terms of A Liberty
Loan Bond?
Liberty Loan Bonds of the first is
sue of S2,000,0O0,000 are to bear date
of June Is, 1917. and to run for 30
years, except that the government
reserves the right to pay them fif-
teen years after date. Ii 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 1-2
per cent per annum, and the inter
est is payable semiannually on the
fifteenth day of December and the
fifteenth day of June in each year.
What Special Advantages Have
These Liberty 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 high
er rate of interest, the holders o.
these Liberty bonds have the right to
exchange their Liberty bonds for
bonds bearing the higher rate of in
terest, dollar for dollar.
What Other Special Advantages Do
These Bonds Possess?
They are nontaxable. If your city
ounty and state taxes are three mills
on the dollar, not unusual tax,
these bonds are equivalent to ord
nary corporate bonds or other in
fNShHl'IhS btAiilS v pei Itilts
In addition no federal tax which
war conditions may later make nee
essary will affect these bonds. The
only tax these bonds are subject TO
is the inheritance tax, which applies
to all property of all kinds whatso-
ever.
How Are Liberty Bonds Obtained?
Blank forms of application for the
purchase of these bonds can be OBJ
tanned from the Treasury Depart
ment, any federal reserve bank, any
national, state, or private bank. any
'xpress office. and any postoffice in
the United States. Any bank or post
master will aid applicant in filling
out his blank and the other acts nee
essary to obtain these bonds.
If These Bonds are so Desirable, Why
Is 1t Necessary to Advertise
Them Extensively.
1t is not necessary to advertise
these bonds to sell the whole issue,
but it is earnestly desired that this
loan shall be a popular loan, loan
by and from the people at large of
the United States, and not alone from
banks, trust companies, and finan
ciers. To that end bonds are to be
issued of small denominations, and
subscribers for small amounts are to
be supplied before the subscribers
for large amounts are granted their
full subscription.
L. 1t Patriotic to Purchase These
Bonds
Yes; every American who sub
scribes to the justice of the course Of
the United States in entering and
conducting the war we are now en-
gagged in should subscribe to the Lib
erty Loan Bond issue to the extent Of
his or her ability.
Every American who subscribes to
the belief that an American should
stand by his or her country should
subscribe TO the Liberty Loan Bond
issue
Every American who loves Amer
lea and is jealous of Americas honor
should subscribe to the Liberty Loan
Bond issue. The real success of the
loan is to be more determined by the
number of Americans participating
in it than by the amount subscribed,
The spirit of the nation is going to
he judged abroad, especially by our
enemies, more by the number of its
American men and women who sup
| port this bond issue than by the
mere amount of money subscribed.