The Leavenworth echo. [volume] (Leavenworth, Wash.) 1904-current, 1917-05-25
Liberty Loan BOnds-Why
You Should Have One
Lowest Denomination S50-Interest ; IL
Per Cent Payable Every Six Months
Non Taxable.

TACT as well as sentiment IN favor OF
prosecuting the war on which the gov
eminent has embarked. If the interest
is lower than some other class OF
investment it is safest. The interest
is payable every six months at any
bank. You tear off the coupon and
cash it as you would check. 1t is
non-taxible. 1t is everything that a
$50 bill is but legal tender for debt,
and it bears interest.
Every patriotic citizen who can ought
to have one or more. The object in
making the bonds in small denomination
is to put them in reach of the man Of
small means. A further object is to
show the world that the people Of the
United States are with the government
in the fight for liberty.
What Is A 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
semiannually each year from the date
Of the issuance of the bond until it is
fully and finally paid.
What Is A 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 recources and taxing powers OIL
the Government and all of the re-
sources 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 $1,000. These Bearer Bonds,
which are made payable to bearer, have
interest coupons attached which are
detached by the holder when the
interest installments they represent are
due, and can be cashed at any bank
the same as a United States Treasury
note. Registered bonds are to be
issued, which are registered as TO both
principal and interest, in denominations
Of 500, $500, $1,000, $4,000, $40,
900. $4,000, and 100000; checks
for the amount OF interest due will be
mailed out semiannually to the holders
Of these registered bonds.
What Are The Terms Of A Liberty Loan
Bonds!
Liberty Loan Bonds OF the first issue
Of 50, 900, 100000 are to bear date o.
June Is, 1917, and to run for thirty
years, except that the Government re-
serves the right to pay them fifteen
years after date. II this right is moi
exercised by the Government fifteen
years from date, the bonds will run the
full thirty years.
These bonds bear interest at n pei
cent per annum, and the interest 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 higher
rate of interest, the holders of these
Liberty bonds have the right to ex-
change their Liberty bonds for bonds
bearing the higher rate Of interest,
dollar for dollar.
What Other Special Advantages Do These
Bonds Possess?
They are nontaxable. II your city,
county, and State taxes are three mills
on the dollar, not unusual tax, these
bonds are equivalent to ordinary
corporate bonds or other investments
bearing 61a 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 in
heritance tax, which applies to all
property OF all kinds whatsoever.
How Are Liberty Bonds Obtained?
Blank forms Of application for the
purchase of these bonds can be
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