Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1916-1918, 1917-06-12
WHAT Is THIS BOND7

WHAT Is THIS BoND7
One of the unexpected discoveries
made yesterday by members Of the
committees which are interesting Of
tumwans in the purchase of Liberty
Bonds was that many of those APP
preached do not have thorough I'M
derstanding Of the character of the
bonds and of their stability.
The Liberty Bond, like any other
government bond, is mortgage on all
the property the government owns in
America and throughout the world. It
is a mortgage on the white house, if
you please, and on the national CAPT
toll and the dozens of other buildings
In Washington which house govern
ment departments and activities. 1t
is mortgage on the postofilces and
federal buildings scattered throughout
the country, on the arsenals and forts
and navy yards, on the vast lands and
reservations and parks-on the life of
the government itself.
The Liberty Bond Is a mortgage
binding the worlds richest govern
ment to repay you the amount of the
loan you make to 1t in purchasing a
bond. 1t guarantees not only repay
ment but the payment of interest at
the rate of 31s per cent year for the
life of the loan, which will be either
fifteen or thirty years.
The bonds are recognized by bank
ers and f1nanciers not only In America
but throughout the world as the acme
of gilt-edged securities.
This is what the Liberty Bond Is
a promise Of payment made by the
richest borrower in the world and
backed by all that borrowers vast
properties.
So much for the safety of Liberty
Bonds as an investment. Viewed from
the standpoint Of the man who wants
to realize the best possible return from
his money, they hold numerous admir-
able points.
They are not subject to taxation
This is point Of particular import
ance just now, when tax rates are be-
ing increased
They are negotiable securities and
can be deposited to secure loans with
which other investments may be made.
Behind all that is the basic fact that
the Liberty Bonds are part of the ma
TONS security against defeat in the
present war, which would mean an up
heaval Of all financial conditions in
America.
II an American questions the safety
Of Liberty Bonds as an investment.
what sort of investment can he regard
as safe? The only thing that could
send Liberty Bonds below par would
be crushing defeat of this country
and our allies at the hands Of Ger
many. This same defeat would mean
the assessment Of immense indemni-
ties against the American government
and the American people-indemnitie
which could be paid only by practical
ly surrenderins the nations financial
interests and the financial interests Of
all its people.
Then individual Investments in
America would be practically worth
less. and only when their values
should be upset would there be re-
as an Investment.
; America will win in the world war
That is the fact which all the world
recognizes. The only uncertain factor
in the assured victory is the factor of
time. How soon America will win Is
a question that is up to the American
people.
Until Tuesday there were two
phases to that questionable phase OF
man power and the phase of money
power Americas millions of patriotic
young men removed the man power
question by flocking to the registration
places and enlisting with their physi-
cal strength and unquenchable loyalty
Of spirit "for the war" The mobiliza-
ton Of the worlds greatest army is
but question OF months.
There remains only the phase Of
money power awaiting determination.
And the answer must be given within
few days.
II will be as inspiring and as patrt-
otto as was the response of the young
men to the registration call. and every
man. woman or child whose name is
listed as a purchaser OF Liberty
Bond will be doing his or her part not
only to win the war for America but
to hasten the hour of victory over the
kaiser
If the Liberty Bond committee does
HOt llHu YOU. uo HOt let tlldt idSt III
vent you from enjoying your share OF
the credit which will go to the pur-
chasers of Liberty Bonds. Go to any
bank OF banker in any American city;
ask him how you can buy Liberty
Bond
In the peaceful years to come, when
patriotic holidays are featured by a
review of the heroes who shall have
helped to whip the kaiser in the war
which is upon us now, you who will
be watching the veterans swing along
the street between lines Of their CRATE
full fellow countrymen will be glad II
you can say to your children: II did
my bit in that war, too. I could not
fight, but | helped to furnish the
money. am a Liberty Bond holder"
"NONE so BLIND"
There is ample ground for liberal
measure of local pride in the loyal re.
Spouse Ottumwans are making to the
government appeal for the purchase