The Julesburg grit-advocate., 1917-05-31


er Is BY TIE sale Of bsaAa, vhieh Is .
method Of borrowing msaey.
Tie Govesnment bond is tie print
ed promise of the GoveEnnsat to Pay
back the borrowed sum of money ut .
certain time, and pay interest on it 1t
regular intervals until it il repaid.
The Government boEFovs money in
this way only after it has bssa given
the right to do so by act Of Ceagress
approved by the Presideat. and tie
terms of the loan are set out in the
act.
Back of the promise of the Gov
eminent stands the honor Of the Gov
eminent and all its taxing resources
Really the whole wealth of the Nation
stands behind this solemn promise of
the Government to pay.
This makes a United States Govern
ment bond the safest investment in
the world. If the bond of the United
States Government is not safe, no
property in the United States is safe.
II the United States can not pay its
bonds, it is hardly probably that it
will be able to protect the citizens in
their other rights.
The Liberty Loan bonds of 1917 are
especially attractive investments.
Not only have they this absolute safe
ty characteristic of all United States
bonds but they are tax free not only
from all existing taxes but from any
war tax that may be subsequently be
levied. No state, city nor county may
tax them. The inheritance tax of the
United States and of some states may
affect them, or rather, affect their
transfer after death of the owner by
will or by inheritance.
Another advantage these Liberty
Loan bonds possess is that if the Gov
eminent issues bonds later on during
this war at higher rate of interest,
the holders of Liberty Loan bonds
will be allowed to exchange at par
their bonds for bonds bearing the
higher rate of interest.
WAR LOANS
Great Britain's estimated wealth is
$4,000 900, 900: she has made three
great loans since the commencement
of the war, aggregating SlO,OOO,O0O,-
200. Her last loan was for S487, OOO,-
900, which was the greatest single
loan ever floated in the history of the
world. 1t was taken up in 80 days,
5,289,OO0 individuals subscribing to
the loan. One person in every II in
habitants of the United Kingdom sub
scribed to this loan, and the average
subscription was $3.50, though great
many subscribers took only about So.
The great number Of subscribers to
this loan is pointed out as evidence of
the patriotism of the British people.
Germany's wealth is estimated at
$4,000. 100000. Germany has put
out five lonas since the commence
ment OF the war, aggregating Sill
75O,OoO,OO0. On Germany's latest
loan person in l3 of the population
is reported to have subscribed, and the
average amount taken by each sub
scriber was $500.
Taking into consideration these fig
ures, the $5,OO0,0OQ,OOO loan of the
United States with an estimated veal
tn of S22O,O00,O00,0OO and a popula-
ton of over 1OO,OOO,OOO seems almost
small. With wealth nearly three
times as great as that of Great Brit
ain it is trying to borrow less than
one half of what Great Britain has
borrowed. With population one and
one half times as large as that of Ger
many our loan is much less than half
the amount that Germany has Dor
rowed.
Americas Liberty loan is less than
one-sixth of the bank deposits of our
country An ordinary borrower does
not think he is running himself when
he borrows 40 per cent of the value of
his property. The United States is
borrowing less than 3 per cent of it's
wealth.
THRIFT AND LIBERTY LOAN
BONDS
There is great campaign for thrift
being conducted all over the United
States-thrift in production by the
farmer and other producers, thrift in
economy in use and consumption bv
all persons, and thrift in saving. This
thrift campaign is nation wide. Not
only have business, manufacturing.
agricultural and other associations
and individuals taken up this cam
palgn, but it has been carried into
universities. colleges and schools.
In connection with the last aspect
Of this thrift campaign, that of saw
ing. the Liberty Loan bonds of 1917
offer an ideal investment of savings
tor small investors. No other small
investment, or large one either for
that matter. has quite the advantages
that the Liberty Loan bond has. Say
inpS invested in :. iharty o,,, -,