The herald and news. [volume] (Newberry S.C.) 1903-1937, 1917-05-29
HAVE YOU BOUGHT A
LIBERTY LOAN BOND

semiannually each year from the date
of the issuance of the bond until it is
fully and finally paid.
What is the Security for Liberty
Loan Bond ?-The faith and honor Of
the United States, backed by all OF the
resources of the nation and the Amer
lean people A Liberty loan oonu IS
a mortgage on all the resources and
taxing powers of the government and
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 500,
s1OO, $500 and $1,000. These bearer
bonus, which are made payable to
bearer, have interest coupons attach
ed which are detached by the holder
when the 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 prln'
cipal and interest, in denominations OF
s1OO, $500, $1,000, $1,000, $4,000, s5e,-
900 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 Bond Liberty loan bonds OF
the first issue OF S2,000,0O0,000 are to
bear date of June Is, 1917, and to run
for 80 yeras, except tnat the govern
ment reserves the right to pay them 10
wears after date. If this right is not
exercised by the government - years
from date, the bonds will run the full
80 years.
These bonds pear interest at IL
per cent. per annum, and the interest
is payable semiannually on the 18TH
day of December and the 18th day OF
June in each year.
What Special Advantages Have
These Liberty Loan Bonds ?-One es-
pecial advantage no other bonds, ma
tional, State, municipal or corporate,
/. ye is that if the United States dur
ing the continuance of this war shall
issue other bonds at higher rate OF
interest, the holders Of these Liberty
bonds have the right to exchange their
Liberty bonds for bonds bearing the
higher rate of interest, dollar for dol
lar.
What Other Special Advantages DO
These Bonds Possess ?-They are non
taxable. If your city, county and
State taxes are three mills on the dol
lar. not unusual tax, these bonds are
equivalent to ordinary corporate bonds
or other investments beraing 6 IL 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
property of all kinds whatsoever.
How Are Liberty Bonds Obtained?-
Blank forms of application for the
purchase Of these bonds can be OBJ
tanned from the treasury department,
any federal reserve bank. any nation
al, State, or private bank, any express
office, and any postoffce in the United
States. Any 'ank or postmaster Will
aid applicant in filing out his blank
and the other acts necessary to obtain
these bonds.
If These Bonds Are So Desirable,
Why is 1t Necessary to Advertise
Them Extensively?-It is not neces-
sary to advertise these bonds to sell
the whole issue, but it is earnestly
desired that this loan shall be pop
ular loan, a loan by and from the peo-
pie at large of the United States, and
rot alone from banks, trust com
ranies and financiers. To that END
bonds are to be issued OF small de-
nominations, and subscribers for
small amounts are 70 be supplled be-
fore the subscribers for large amounts
are granted their full subscription.
Is 1t Patriotic to Purchase These
Bonds?AYes; every American who
subscribes 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 financial ability.
Every American who SubscrlDes 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 America
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 be
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.
Your patriotic duty-Buy Liberty
loan bond.
A Liberty loan bond is mortgage
on the United States.
Remember the Lusitania and buy
Liberty loan bond.
Why Liberty Loan?"-The S5,00O,-