The Huttig news., 1917-10-13
FIRST BONDS ISSUED --
 IN DRIVE FOR LIBERTY
 "N8yW
They Are as Good as 0oId-May Be
 ussd te Pay 0roosrs Bill.

The ponds TOT the first Liberty Loan are now being distributed in the Eighth Federal Reserve District, and the subscribers to the first issue are presenting their receipts to the banks and bank investment companies, eag- erly claiming the handsome bonds.
 The Liberty Bond Is most attractive and one that every citizen should hs proud to possess. The $50 bonds have the appearance of an overgrown $50 banknote. It is printed on Govern ment parchment. The face is printed in blue-gray ink. bearing the terms oe the bond in fine script. the denomina- ton. the number. the date of issue, the signature of W. G. McAdoo, Secretary of the Treasury: Houston B. Teehse. Register of tho Treasurer: . portrait of Thomas Jefferson. an etching of the Goddess of Liberty statue and the seal of the United States. Tho re- verse side is printed in sepia, beaxine an etching of the American Eagle, the Goddess of Liberty. the bond number. the denomination. the date of matur- ity and the interest dates, Bound thereto are 60 coupons. payable each June and December for 30 years.
 Liberty Loan bonds arc exempt from all taxes except inheritance tax. They are liquid investment and can be con- yerted into cash at any time, or may be used to pay the grocer's bill. ths dressmakers bill, or milady may pay for her new bonnet with . Liberty Bond; that is, provided she has shown her patriotism by buying one.
 ~sese~~es~.e~~e~~~~ ;. .~se~~~o~~e~>c.-. h all other respects. except that the bonds issued upon sucn conversion shall have the same dates Of maturity of principal. and of interest. and be subject to the game ts1ms 0. gedeu.p- uon before maturity, az the bonds converted: and such bonds shau be ,s- sued from time to r If and when and to the extent tuat the privileges of conversion 80 conferred shall arise and shall be exercised.
 "If the privilege of conversion 70 conferred shall once arise, and shall not be exercised with respect to any bonds of the present series within the period above prescribed, then such privileges shall terminate a to such bonds and shau not arise again, though thereafter bonds bs issued bearing interest at . Higher rate ov rates than { per cent per enuum.
 Subscription for the boods must reach the Treasury Department, Washington, D. C., . Fsderal reserve bank or branch thereof or some in. corporated bank or trust company In the United States tnot including out. lying territories and possessious) on or before the close of business Oct. n, 1911. The application must be Aooom. panied by . payment of per cent ol the amount applied for and subse- cuent installments upon bonds allot- ted will be due e follows:
 Eighteen per cent on Nov. 1J. 1917; 10 per cent on Dec. lS. 1917; to per cent on Jan. 16. 1918. On the lat. ter date accrued interest on the de- ferred installments also will be pay. able.
 "l am very glad to be able to an. nounce that by authorizing the en- graving of these bonds with only fous coupons attached instead of the full number of 50 coupons t will be pos sible to have the actual bonds ready for delivery as soon as full payments are completed. thus avoiding the trou- ble and delay incident to the issuance of Interim receipts or temporary bonds. On and after Nov. IS. 1919. the holders Of the bonds will have op- portunity to exchange them for new pons for the balance of the period for which the bonds tfU run.
 Immediate psiivsry.
 "It is also expected that on or about Oct. 10. 1917. the will be in the hands of the several Reserve banks . supply of these new bonds ready for immediate delivery to subscribers iu amounts not in excess of S1 900 to any one subscriber against payment in fall. thereby avoiding. in such cases, the trouble incident to waiting until after allotment for delivery.
 Plans are also being perfected whereby the banks all over the coun. try can obtain bonds for the making of prompt delivery against these 1 small subscriptions. Az the bonds will bear interest from Nov. is. and as those who pay in full prior to that time will not obtain any interest on their money until that date, this is offered as an alternative proposition to those who are anxious to oht1in immediate possession of the bonds for which they subscribe. The reason this offer will be limited to amounts of not over 3l.000 to any one subscriber is that all subscriptions in excess of this amount will be subject to allotment.
 The campaign for the sale of these tonds will open Monday, Oct, 1. and will close Saturday. Oct. 37. l eonfi aa..4i- houa tha III han thn ca m na iHn ls