The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1917-06-14
LIBERTY BONDS.

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a lot about the Liberty Bonds, and
what you ought to do. The time is
almost here when you must act.
Therefore, you want to know all about
the Bonds, what they are, and why
you ought to invest. For convenience
sake, these points are put in question
and answer form.
Q. What is Liberty Bond?
A. When you loan money to a
friend you take his note for the
amount. In this case you are loaning
your money to the Government, and
the Liberty Bond is the note Of the
United States Government.
Q. Will the Government pay me
interest the same as an individual?
A Certainly. The Liberty Bonds
draw 81 per cent. interest, payable ev-
cry six months. But that Is not all.
Unlike note given by an individual,
these Liberty Bonds are not taxable.
Consequently, they are worth more
than an ordinary note drawing 81 per
cent. interest.
Q. II / loan money to friend, he
has to pay me back the principal as
we'll as the interest. viii the Govern
meht pay me back and when?
A. The Government borrows the
money for thirty years, and at the end
Of that time it must pay you your mon,
ey. But it also reserves the privilege
of paying 1t back at the end of fifteen
years.
Q. Suppose should need my money
before that time. What would | do?
A. Your bank will gladly lend you
money on it as security, or any bond
house will sell it for you. There is no
other form of oond, note or promise to
pay SO easily sold as United States
Government bond.
Q Will it be worth as much as
loaned the Government?
A. In times of peace United States
bonds have almost invariably been
worth more than their face. value.
Bond experts predict that these bonds
will be worth s per cent. to 10 per
cent. above par after peace is declared.
Q. Suppose additional bonds are is
sued later on at higher rate of inter.
est2
A. You can trade yonr bond for one
of the new bonds, dollar for dollar.
The Government guarantees that.
Q. Is the Bond absolutely safer
A. There is no other security on
the face of the earth so absolutely safe
as a United States Government bond.
1t is backed by the entire resources Of
the richest nation on the globe.
@. What is the amount Of Liberty
Bond?
A. You can buy bond as small as
$50 and up to any amount you want to
subscribe.
Q. How do / get Bond?
A. They are to be sold by the Treas.
uror of the United States and by all
Federal Reserve banks. But all
banks, National and State, post offices,
and express companies have been desi
gnated as agents Of the Government to
receive applications for these bonds.
Q. How do pay for my Bond?
A. On small install lnents each week
that you can save out OF your earnings,
II you want to, or cash down, il you
prefer. You decide how you want to
pay when you subscribe for your bond.
Q. How do ] collect my INTEREST,"
A. Liberty Bonds are issued in two
forms. One kind $50, 800, $500 and
81 ,000) is made payable to bearer.
Coupons are attached. On each June
Is and December Is you cut the inter
est coupon due on that date, and any
bank will cash il for you. The second
form Is what is known as registered
bond. Your bond will os registered
under your name in Washington, and
on the interest dates the Government
mails you check for your interest.
All bonds OF 300 or more may be reg.
istered or coupon bonds as you prefer.