Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1917-05-26
SATURDAY, MAY 26, 1917.
SOUTHERN PACIFIC TIME TABLE.
What IS a Liberty Loan Bond?

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\ Liberty Loan Bond is d solemn
promise Of the United States to pay "a
maturity the amount of the bond to TIA,
holder thereof, and 10 pay interest semi
annually each year from date Of III,
issuance Of the bond until fully an,
finally paid.
What is the Security for Liberty Loan
Bond?
The faith and honor Of the Unite,
States, backed by all Of the resource.
of the National and the American PEG
pie \ Liberty Loan Bond is a mort
gage on all the resources and taxing
powers Of the Government and all of tho
resources of the American people.
What is the Nature of a Liberty Loan
Bond?
There are awo kinds Of Liberty Loan
Bonds. Bearer Bonds are to be issued
in denominations Of $50, 800, 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 install
ments 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 princi-
pal and interest, in denominations Of
800, $500, $1,000, $1,000, $4,000,
100000 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 $2,OO0,OOO,O0O are to bear date of
June Is, 1917, and to run Cor thirty
years, except that the Government re
serves the right to pay them fifteen
years after date. 1t this right is not
exercised by the Government fifteen
years from date, the bonds will run the
full thirty years.
These bonds bear interest at 81 per
cent yer annum, and the interest is
payable semiannually on the fifteenth of
December and the fifteenth day of June
in each year.
What Special Advantage 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 a 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, dol
lar for dollar.
What Other Special Advantages Do
These Bonds Possess?
They are non-taxable. If your eitv.
county and State taxes are three mills
on the dollar, a not unusual tax, these
bonds are equivalent to ordinary cor
porate bonds or other investments
bearing ot2 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 in
heritance tax, which applies to all prop
erty Of all kinds whatsoever.
How Are Liberty Bonds obtained7
Blank forms of application for the
purchase of these bonds can be obtained
from the Treasury Department, any
Federal Reserve Bank, and Nationai.
State, or private bank, any expires
Office, and any post office in the United
States. Any bank or postmaster vii,
aid applicant in filing out his blank an
the other acts necessary to obtain thes,
bonds.
# These Bonds Are So Desirable, VIII
is it Necessary to Advertise Then.
Extensively
1t is not necessary to advertise tbes,
bonds to sell the whole issue. but If
earnestly desired that this loan shaI
be a popular loan, loan by and from.
the people at large of the United State
and not alone from banks. trust com
panies and inanciers. To that end bond. |
are to be issued of small denomination,
and subscribers for small amounts ar,
to be supplied before the subscriber.
Tor large amounts are granted their ful
subscription.
Is 1t Patriotic to Purchase these Bonds?
Yes; every American who subseribes |
70 the justice Of the course Of the init. !
cd States in entering and CONDUCTING
the war We are now engaged in should .
subscribe to tie Liberty Loan Bond is- /
sue 70 the extent fhis or her tinaneic!
ability. /
Every American who subscriber 70
the belief that On American should
staad stand by his or her country should
subscribe to the Liberty Loan Bond
issue.
Every American who loves America
Road TO Happiness.
BE amiable, cheerful and good nstu-.
ed and you are much more likely 10 be