The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1917-05-26
LIBERTY LOAN BONDS.
Nature, Terms and Advantages of
Special War Fund Securities.


semiannually each year from 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 American peo-
pie. A Liberty Loan Bond is a
mortgage on all the resources and
taxing powers of the government and
all of the resources Of the American
people.
What is the nature of Liberty Loan
Bond?
There are two kinds of Liberty Loan
Bonds. Bearer Bonds are to be issued
in denominations of $50, $100, $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 United States
treasury note.
Registered bonds are to be issued,
which are registered as to both prin-
cipal and interest, in denominations of
S1O0, $500, $1,000, $4,000, $4,000,
$50, 900, and $4,000 ;checks for the
amount of interest due will be mailed
out semiannually to the holders OF
these registered bonds.
What are the terms of Liberty
Loan Bond?
Liberty Loan Bonds Of the first is
sue of $2,00O,0 100000 are to bear
date of June Is, 1917, and to run for
thirty years, except that the govern
ment reserves the right to pay them
fifteen years after date. IF 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 31a
per cent per annum, and the interest
is payable semiannually on the fif-
teenth day of December and the fif-
teenth day of June in eachlyear-
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. IF your city,
county, and state taxes are three mills
on the dollar, not unusual tax, these
bonds are equivalent to ordinary cor
porate bonds or other investments
bearing 6 u per cent.
In addition, no federal tax which
war conditions may later make neces-
sary will affect. these bonds. The
Fonly tax these bonds are subject to is
~ he Inheritance tax, which applies to
PROPERTY of all kinds whatsoever.
How are Liberty Bonds obtained?
p 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
1 office, and any postoffice in the United
States. Any bank or postmaster Will
aid applicant in filling out his blank
and the other acts necessary TO obtain
these bonds.
If these bonds are so desirable, why
is it necessary to advertise
them extensively?
It is not necessary to advertise
these bonds to sell the whole issue
but it is earnestly desired that this
lloan shall be popular loan, loan BY
and from the people at large of the
United States, and not alone from
banks, trust companies, and imam.
ciers. To that end bonds are to be
issued of small denominations, anc
subscribers for spall amounts are tt
be supplied before the subscribers fol
large amounts are granted their full
subscription.
Is it patriotic to purchase thest
bonds?
I Yes; every American who sub
scribes to the justice of the course OF
the United States in entering anc
conducting the war we are now en-
gagged in should subscribe to the LID
erty Loan Bond issue to the extent
of his or her financial ability.
Every American who subscrlbes t
the belief that an American shoulc
stand by his or her country shoule
subscribe to the Liberty Loan Bone
issue.
Every American who loves Americs
and is jealous of Americas homo
should subscribe to the Liberty Loar
Bond issue. The real success OF th'
loan is to be more determined by ths
number of Americans participating
in it than by the amount subscribed
The spirit of the nation is going to b.
| Judged abroad, especially by ou
enemies, more by the number of 1t
/ American men and women who sup
port this bond issue than by the mer
amount of money subscribed.
Why Liberty Loan?
| The $4,000, 100000 bond issue 0
: this wear is named "The Liberty Loa
of 1917" because it is to be loa
from free people to be used in free
ing the world.
It is the loan of a liberty-lovin
people to be devoted to the establish
ment of liberty in Europe and on tn
high seas.
;; q It is the loan of the great demot
; Aracy of the new world to redress tn
, wrongs and support the cause OF tn
/, dauocracy of the old.