Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1917-06-08
LIBERTY BONDS.

WHAT is A LIBERTY LOAN BOND?
A Liberty Loan Bond is q solemn
promise of the United States to pay
at maturity the amount of the bond
to the holder Thereof, and to pay in
trest semiannuslly each year from the
date Of the issue of the bond until it is
fully and finally paid.
WHAT IS THE 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 peo-
pie. A Liberty Loan Bond is a NOR
tage OH all the resources and taxing
powers of the Government and all the
resources of the American people.
WHAT IS THE NATTRE 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 ST, 900. These Bearer Bonds,
which are made payable to bearer,
have intrest coupons attached which
are detached by the holder when the
intrest installments they request are
due, and can be cashed at any bank
the same rs United States Treasury
note.
Register bonds are to be issued,
which are registered as to both prin-
cipal and intaest, i'm denominations of
500, $500, 81, 900, $4,000, $4,000,
$4,000, and $IOOO,OOO; checks for
the amount of intrest dne will be
mailed out semiannuslly to the hold
ers of these registered bonds.
WHAT ARE THE TERMS OF A
LIBERTY LOAN BOND?
Liberty Loan Bonds of the first issue
of 81, zoe, OOO, 900 are to bear date of
Jnne 10, 1917, and to run for thirty
years, except that the Government
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 81 per
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 il 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 ADVAN-
TAGES DO THESE BONDS POS
SESS?
They are nontaxable. II your city,
county, and State taxes are three
mills OH the dollar, a not unsual tax,
these bonds are equivalent to ordi-
nary corporate bonds or other invest
ments bearing 61s per cent.
In addition, no Federal tax which
war conditihns may later make nec-
cessary will affect these bonds. The
only tax these bonds are subject to 10
the inheritace tax, which applies to
all property of kinds whatsoever.
HOW ARE LIBERTY BONDS
OBTAINED?
Blank forms OF application for fine
purchase of these bonds can be OBJ
tanned from the Treasury Department,
any Federal Reserve Bank, auy Nat
ionsl, State or private bank, any ex-
press Office, and any post Office in the
United States. Any bank or post
master will aid applicant in filing out
his blank and the other acts necessary
to obtain these bonds.
IF THESE BONDS ARE so DESI-
ABLE, WHY Is 1T NECESSARY TO
ADVERTISE THEM EXTENSIVELY?
1t is not necessary to advertise these
bonds to sell the whole issue, but it is
earnestly desired that this loan shsll
be a popular loan, q loan by and from
the people at large of the United
States, and not alone from banks,
trust companies, and flnanciers. To
that end bonds are to be issued of
small denominations, and subscribers
for small amounts are to be supplied
before the subscribers for large
smouts are granted their full sub
oopi nfinu