The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1917-10-09
ARE YOU HELPING?
Why and Wherefore of the Great Lib
erty Loan.

cIty codhs
Q. What is the Second Liberty
Loan Of 1917?
A. 1t is loan of money by the
people of the United States to their
Government.
Q. Why does the United States
Government borrow money?
A. Because we are forced to de-
fend ourselves against the attacks on
American honor and American rights
by the German Government. and there
fore must have money to equip and
maintain our Army and Navy. We
need money also in order to lend to
those nations with whom we are MAX
ing common cause in this war.
Q. Are not the ordinary receipts OF
our Government from taxes, etc,
sufficient to do this?
a. No; the ordinary receipts of the
Government are about one and quar-
ter billion dollars year, while our
expenses of the war for the fiscal year
ending July /, 1918, viii be over
0,000,000,000, not including the mo-
ney which we viii lend to our allies.
Q. How is the Government going
sto raise this large amount of money
A. By borrowing from the people
and by increasing taxes
What is a United States Government
Bond
@. When | lend my money to the
United States Government. what do
get in return?
a. You get promissory note Civ
en- by the United States Government
and bearing interest This note is
called bond
Q. What then, is a United States
Government bond?
A. i is the direct and uncondi-
tional promise OF the United States OF
America to pay upon certain date
specified sum of money in gold. to-
gether with interest at a specified
rate, payable at specified dates until
the bend natures, or is called for re-
demption
O. In what form is this promise?
A. 1t is engraved upon a sheet OF
distinctive paper used only for The
money and securities of the United
States and is executed by the Score
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?
A. November 10, 1917, is the date
they will bear, because that is the
date on which they viii be issued by
the Government and the date ON
which interest begins.
@. When will these bonds be paid
by the Government; that is, when will
they become due?
A. November Is, 1912; but the
Government has the right to pay them
any time after 10 years from date of
the bond.
@. Do have to hold my bond until
the date it is due before | get my
money back?
A. No; you can sell your bond any
time you desire There is always a
ready market for United States GOV
ernment bonds.
Q. How can such a 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.
will obtain for you the best terms pos
sible. ASK any bank il you desire to
, borrow money on your liberty bonds.
@. DO | get any interest on ny
money while it is loaned to my Gov
ernment!
A. Yes: the Government will pay
you interest at the rate of 4 per cent
year.
Q. How do collect the interest?
A. Attached to each bond is an ell
graved sheet OF interest coupons, one
for each six months period. When
the interest date arrives, you cut off
the interest coupon of that date and
take 1t to any bank, where it may be
Continued on Page 81
.a@4--fi