Norwich bulletin., 1917-10-24

people of the United States to their Government. e. Why does the United States Government borrow 1noney?F A. Because we are forced to de- fend ourselves against the attacks on American honor and American rights: by the German Government, and and maintain our Army and Navy. We reed money also in order to lend to those nations with whom we are making common cause in this war. o. Are not the ordinary receipts of
 A. No; the ordinary receipts of the Government are about one and a quarter billion dollars year, while cur expenses of the war for the fiscal year ending July 1, 1918, will be over $10, ,ooo, COG, GOO, not including the money which we will lend to our al- lies.
 to raise this large amount of money? A. By borrowing from the people and by increasing taxes. What Is a United States Government Bond? 0. When I lend my money to the United States Government. what do I get in return? 4; You get 2 promisscry note siven1 bearing interest. This not is called a "bond."
 Q. What, then, is United States Government bond? A. It is the direct and uneendition: al promise of the United States of America to pay upon a certain date a specified -eun of money in gold, to- gether with interest at a specific rate, payable at specific dates until the bond natures, or is called for redemp-, ton. O. In what form is this promise? A: It is engraved upon sheet of distinctive paper used only for the States, and is executed by the seere- tary of the Treasury and by the Reg istrar of the Treasury and sealed with the Treasury Department seal.
 Q. When are bonds of the Second Liberty Loan dated? they will bear, because that is the cate on which they will be issued by the Government and the date cn which interest begins.
 Q. When will these bonds be paid by the. Government; that is, when will they become due?
 A: November f5, 1e42; but the Government has the right to pay them the bcnG.
 Q. DO I have to hold my bond un- til the date it is due before I get my lroney back?
 
 time you desire There is alwayA a ready market for United States Gov ernnnent bends.
 o. How can such sale be made?
 A. Any bank, trust company, re- liable bond dealer, or broker will be glad to sell your bond for you at any time.
 o. If necessary, could I borrow money bn these bonds?
 A.. Yes; United States Government t,a haS be offered in borrowing money They will obtain for you the best terms pos sibie. Ask any bank, if you desire to borrow money on your liberty bonds. money while it is. loaned to my Gov ernment?
 A. Yes; the Government will pay Xou. interest at the rate. of per cent o. How do I collect the interest?
 A, Attached to each bond is an en- araved sheet of interest coupons, one for each six months period: When the interest coupon of that date and take # to any bank, where it may be cashed or deposited.
 Q. How often do I get this inter est?
 A. Every six months. This inter est will be paid to you every May IS and every November IS during the life of the bond.
 Q. Is there any way I can collect my interest without having to cut the coupons?
 A. Yes; you car. get the Govern n1ent to give you Registered" bond; that is, a bond without any coupons attached and with your name written the interest falls due, the Treasury Department will send you a check in payment of the interest. What Kinds of Bonds Are to be Is-
 sued? Liberty Bonds?
 A. Yes; bonds with interest eou- pons attached, which are called "bear- CT" or Coupon" bonds, and bonds which are called "registered" bonds.
 e. To whom is a coupon bond pay
 A. A coupon bond is payable to
 0. To whom is registered bond payable?
 A. A registered bond is payable to the person whose name is written on its face and no other person. A reg istered bond can be transferred from one owner to another by the owner writing his name on the back of the bend in the presence of a witness au- thorized by the United States Treas ury Department.
 
 own name or her husbands?
 A. Her own-Mrs. Mary Brown, rot Mrs. John Brown.
 e. If I should sell my bond. how shall I~transfer I it to the new owner?
 A. if it is a coupon bond, merely by delivery. Just hand it to the new owner.
 Q. Supposing it :. is registered bond?
 A. You must execute the blank fern on the back of the bond in ac- cerdanee with directions there given.
 o. Suppose a married woman wishes to transfer a bond made out in her maiden name?
 A. She should sign herself Mary Jones, now by marriage Mary Brown"
 Q. Can I lend any amount to the and get a bond in return ?
 A. No; $50 is the smallest amount that the Governncent will accept in return for hond.Coupon bonds are issued in the foiIowino fixed demoni- rations: $50, $1co, $500, $1,00o, $5,0oo, and s1o,oo0; reaistered bonds are is-