The record., 1917-10-18
FIRST Boses suEo
IN DRl FOR LIBERTY
They Are as ooot Is eoId-May Be
Used to Pay ocer's Bill.

They Are az oood4s GoId-May Be
Used to Pay ocer's Bill.
The bonds for TIL irst Liberty Loan
are now being Stributed in the
Eighth Federal Rsztve District, and
the subscribers to- 3e first issue are
presenting their rse<lpts to the banks
and bank Investment companies, Gag
erly claiming the h44dsome bonds.
The Liberty BonG<s most attractive
and one That Eitizen should be
proud TO possess. ke $50 bonds have
the appearance Of IA overgrown $50
banknote. 1t Is Yated on Govern
ment parchment, IAe face is printed
III Dlue-gray INK, 5easSing the terms of
the bond in fins scffpt, the denomina-
tion, the number, To date of issue, the
signature Of w. c. cAdoo, Secretary
OF the Treasury; 70 tston B. Teehee,
Register of the Treasurer; a portrait
of Thomas Jeffersolf an etching of
the Goddess Of LtbSsEy statue and the
seal Of the United States. The re-
verse side is printesslin sepla, bearing
an etching of the Afserican Eagle, the
Goddess of LibeTtynlhe bond nuInb Der,
the denomination, sae date of matur-
ity and the inter4st dates. Bound
thereto are 60 couRfns, payable each
June and Decenber4for 80 years.
Liberty Loan bo1dk are exempt from
all taxes except iRh<Gitauce tax. They
are liquid Investment and can be con-
verted into cash at&ny time. or may
be used to pay the&grocer's bill, the
dressmaker's bill, OF milady may pay
for her new bonn& with a Liberty
Bond; that is, proyidsd she has shown
her patriotism by Hying one.
~~~.~.o~~~~~~4 ..M~~>~>>oooo.
In all other respectsl except that the
bonds issued upon fsuch conversion
shall have the same Mates of maturity
Of principal, and ofzanterest, and be
subject to the same Eerms of redemp-
tion before maturity, as the bonds
converted; and suchAbonds shall be is
sued from time to tme il and when
and to the extent that the privileges
of conversion SO conferred shall arise
and shall be exercised
IF the privilege Df conversion so
conferred shall once arise, and shall
not be exercised VITA respect to any
bonds of the presentaseries within the
period above prescribed, then such
privileges shall terminate as to such
bonds and shall not arise again,
though thereafter Lbnds be issued
bearing interest at higher rate or
rates than 4 per cent1per annum.
transcription for 8she bonds must
reach the Treas.ay Department.
Z sasqIE gf e,1ses!
bank Or branch tiits fsoI or some In
corporated bank or trust company In
the United States (nbt including out.
lying territories and possessions) on
or before the close of business Oct. 27.
1917. The application must be accom-.
panied by a payment of 2 per cent of
the amount applied for and subse-
quent installments upon bonds allot. |
ted will be due as follows:
Eighteen per cent on Nov. Is. |
1917; 40 per cent on Dec. 10, 1917: 40
per cent on Jan. Is, 1913. On the lat.
ter date accrued interest on the de
ferred installments also will be pay
able.
Il am very glad to be able to an.
nounce that by auth orizing the en-
craving OF these bonds with only four
coupons attached instead Of the full |
of so coupons it will be DOS
sible to have the actual bonds ready |
for delivery as soon as full payments
are completed, thus avoiding the trou-
BILE and delay incident to the issuance |
OF interim receipts or temporary
bonds. On and after Nov. is, 1919. |
the holders of the bonds will have op.
portunity to exchange them for new
bonds having attached thereto cou.
pons for the balance of the period for
which the bonds will run.
Immediate Delivery.
1T is also expected that on or about
Oct. 10, 1917, there will be in the
hands of the several Reserve banks a
supply of these new bonds ready for
delivery to subscribers in
amounts not in excess of 81, 600 to any
cne subscriber against payment in
full, thereby avoiding, in such cases.
the trouble incideht to waiting until
after allotment for delivery.
"Plans are also heing perfected
the banks ali over the coun.
Try can obtain bonds Tor the making
CT prompt delivery against these
small subscriptions. AS the bonds
will bear interest from Nov IS, and
as those who pay in full prior to that
time will not obtain any interest on
their money until that date, this is
offered as an alternative proposition.
TO those who are anxious to obtain
possession ol the bonds for
which they subscribe. 7 pa reason this
offer will be limited to amounts Of nc.
over $1,000 to any one subscriber is
that all subscriptions in excess of this
amount will be subject TO allotment.
THE campaign for the sale OF these
tonds will open MonGa Oct. l, and
will close Saturday, Oct n, | conf
dently hope that when tia campaign is
over it will be found Sat The total
number of subscribers al least 49,
100000 and the total su 3criptions in
excess ef S5,0QQ.QGV, ,00G. Such q re-
spense would be nctice Il our enemies
that the American peep}# IS a whele
intend to support with E their power
their government in the EigoFoYs pros:
eeutien of this war and the achieve:
ment of an early and lasting peace"
One-third of the sales IN the cniains
Liberty loan campaign is the task set
far the women OF the country by the
Woman's Liberty Loan Committee,
which began a two days session here
with more than 100 delegates from all
sections in attendance.
AIrn Az q McARn 1hn znn |