Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1917-05-23
Solemn Promise of the United States
to Pay at Maturity Amount OF
Bond to Holder.
YOUR PATRIOTIC DUTY.
BUY A LIBERTY LOAN BOND
A Liberty Loan Bond is Mortgage
on the United States, Backed
by all Resources of the
Nation.
What is a Liberty Loan Bond?

"A Liberty Loan Bona is SOlelun
promise of the United States to pay
at maturity the amount of the bond
to the holder thereof, and to pay in
terest semiannually each year from
the date of the issuance of the bond
until it is fully and finally paid.
What is the Security for Liberty
Loan Bond?
The faith and honor of the Unit
ed States, backed by all of the re-
svo."es of the Nation and the Ameri-
an pc, lie. A Liberty Loan Bond
mortgage on all the resources
and taxing powers Of the Govern
ment and all of the resources of the
American people.
What is the Nature of a Liberty Loan
Bond?
There are two kinds of Liberty
Loan Bonds. Bearer Bonds are to
be issued in denominations of $50.
500. and $1,000. These Bearer
Bonds, which are made payable to
bearer, have interest coupons at
tached which are detached by the
holder when the interest INSTALL
ments they represent are due, and
can be cashed at any bank the same
as United States Treasury note.
Registered bonds are to be issued,
which are registered as to both
principal and interest, il denomina-
tions of 500, $500, $1,000. $1,000,
$4,000, $4,000, and 500, 900;
checks for the amount of interest lue
will be mailed out semi annually to
the holders of these registered
bonds.
What Are the Terms of Liberty
Loan Bond.
Liberty Loan Bonds of the first is
sue of 2,0O0,OO0,000 are to bear
date of June Is, 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 viii run the full thirty
years.
These bonds bear interest at y
per cent per annum, AID the interest
is payable semi annually on the fiji
teenth 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 hold
ers of these Liberty bonds have the
right to exchange their Liberty
bonds for bonds bearing the higher
rate of interest, dollar for dollar.
What Other Special Advantages DC
These Bonds Possess?
They are nonAtaxable. If VOW
city, county, and State taxes are
three mills on the dollar, a not un.
usual tax, these bonds are equiva-
lent to ordinary corporate bonds or
other investments bearing 61a pei
cent.
In addition, no Federal tax which
war conditions may later make nee
essary will affect these bonds. The
only tax these bonds are subject to
lis the Inheritance tax, which applies
to all property of all kinds whatso
ever.
How Are Liberty Bonds Obtained,
Blank forms of application for the
purchase Of these bonds can he OBJ
tanned from the Treasury Depart
ment, any Federal Reserve Bank
any National, State, or private bank
any express Office, AID any post of
fee, in the United States. Any bank
or postmaster viii aid applicant il
llllluS Out HIS Didnh anu lHc OtNSl
acts necessary to obtain these bonds
III These Bonds are so Desirable
Why is it 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 shall be popular loan, LOAF
by and from the people at large of
United States, and not alone from
banks, trust companies, and finan
ciers. To that end bonds are to b
issued Of small denominations, AM
subscribers for small amounts ar
to be supplied before the subscriber
for large amounts are granted thei
full subscription.
Is il Patriotic to Purchase These
Bonds?
Yes; every American who sub