Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1917-05-28
LIBERTY LOAN
BONDS; WHAT
They MEAN

tond is? DO YOU know why they nave
been issued Do you appreciate that
IL IL a patriotic duty 20 subscribe
Here 10 an explanation Of what they
should suhscribe:
What II a Liberty Loan bond
A Liberty Loan bond Ia a solemn
promise of the United States to pay M
maturity the amour OF the bond 10
the holder thereof. and 10 pay interest
semi-annually each year from the date
or the issuance OF the bond unts IL Is
fully and finally paid.
What d the security for q Liberty
Loan bond:
The faith and honor Of the United
States. backed by all Of the resources
" the nation and the American people
A Liberty Loan bond IL "A mortgage on
all the resources and taxing powers ~
This government and all Of the re-
sources OF the American people.
What Is the nature OF a Liberty Loan
bond?
There are two kinds o. Liberty Loan
bonds. Bearer bonds are 20 be issued
In denominations OF $50. $500. $500 and
81. 600. These bearer bonds. which are
made payable 10 bearer. have interest
upo attached which are detached
Nv ~" hrIaer when the interest IN
stallments they represent are due. and
can ut casleu Al any bank tine 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 ~
500. $500. 81 900, SIS. 600. $40. 600. $4,000
apd Si00. 900. checks for the amount Of
interest due will be mailed out semi
annually 10 the holders Of these regis
tered bonds.
What are the terms OF a Liberty Loan
bond
Liberty Loan bonds OF the first is
sue OF s.. 1000. 600, 900 are to bear date
Of June Is. 1917. and 70 run for thirty
years. except that the government re-
serves the right 70 pay them fifteen
years after date. II his right In 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 annurn. and the interest ~
payable s~emi-annually on the fifteenth
day Of December and the fifteenth day
OF June In each year.
What special advantages have these
Liberty Loan bonds
One special advantage no other
bonds. national. state. municipal. or
corporate. ave Is that III 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 20 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 nontaxabie. III your city.
county and state taxes are three
mills on the dollar. a not unusual tax.
these bonds are equivalent 10 ordinary
corporation bonds or other Investments
bearing Ga per cent.
In addition no federal tax which war
conditions MAJ later make necessary
will affect these bonds. The only tax
these bonds are subject 10 il the inheri-
snce tax. which applied TO all property
OF all kinds whatsoever.
How are Liberty bonds obtained
Blank forms Of application for the
purchase OF these bonds can be OBJ
tanned from the treasury department..
any federal reserve bank. any national.
state or private bank. any EXPRESS Of
flee and any p~ostoffice IN the United
States Any bank or postmaster viii
aid applicant in filling out his blank
and the other acts necessary TO obtain
these bonds.
II these bonds are ~ desirable. why
tn II necessary TO advertise them ex-
tensiveIy?
u Is not necessary 70 advertise these
bends TO sell the whole issue. but Ii Ia
earnestly desired that this loan shall be
a popular loan. a loan BY and from the
people al large Of the United States.
and not alone from banks. trust COM
panies and financiers. To tina end
bonds are tn be issued of small denom-
nations and subscribers for small
ar our are to be supplied before the
subscribers for large amounts are
granted their full subscription.
is y patriotic 10 purchase these
bonds
Yes. every American who suhscribes
10 the justice OF the course ~ the
United States In entering and conduct
ing The war we are engaged In should
subscribe 10 the Liberty Loan BOND is
sue 70 the extent OF his or her
ability.
Every American WIN suhscrIhes III
the belief that al American should
stand by hrs or her country should
subscribe 20 the Liberty Loan bond I'LL
sue.
Every American who loves America
and IL Jealous OF America's honor
~ ould subscribe 10 the Liberty Loan
bend issue This renf success OF tho
lean II 10 be more determined by the
rumber OF Americans participating IN
" than by the mount subscribed. The
spirit OF the nation IL going 10 BE-
judged abroad. especially bv our enc
mics. more by the number or its
American men and women who sun
tort this bond issue than nv the mer.
amount % money subscribed.
Why Liberty Loan?-
Thc IS. 600. oo0. 0o0 bond issue or this
year IL named The Liberty I.oan az
1917 because II II 10 be a loan from A
free people 10 be used la freeing the
world.
IL Is the loan of a liberty loving peo-
pie 10 be devoted to the esta Adjustment
81 liberty in Europe and on the high
seas.
IL In the loan OF the great democracy
the new world TO redress the wrong,
support the cause OF the democ-
of the ola