The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1918-10-17
HOLD YOUR BONDS
IF YOU WOULD BE
TRULY PATRIOTIC
cIINoINo TO LIBERTY LOAN So
cURiTiES COMES NEXT IN I'M
PORTANCE TO 6UTlNo-
GOOD BUSIN EsS, TOO
Possession % These United states
Bonds After the War VIII
BE Source % Pride.

I phaslzing in the present drive the
value Of Liberty Bonds a. a perina
nenf Investment Second only In I'm
I portance 20 purchasing bond. Is hold
| ing on % them To buy bonds with
the view Of simply fulfilling n patri-
| oiic obligation. thea selling them. II
poor patriotism and defeats the prin-
cipai economic benefit which ma
sional loan u supposed 70 effect.
II can b readily seen by even an
smateur IN finance that buying LIB
erty Bonds and shortly afterward sell
ina them Is not helping the govern
ment much. The person Who buys
your bond second hand would probably
have purchased one direct. 50 that
when you dispose OF q bond you elirli-
nate a possible subscriber 10 q new
issue
The United States government wants
your money for az east the duration
Of the var. and uRtli the last OF It's
public loans has bsen made for win
nine complete and final victory when
the war r. over II matters less what
disposition holders make OF their Sc
curities The government then will
not be a borrower in the present sense
and lis bonds viii enter the general
classification n investments.
a Subject for 6oastina-
The great mass Of intelligent Cit
xens seem well 20 understand and ap-
preciate this feature OF the loans No
oosbt % this Is LEFT BY the relatively
few transfers OF Liberty Bonds IN the
open market when the vast sire OF the
issues Is considered. An enormous ma
Jority Of holders are clinging TO their
bonds. and doubtless will continue 10
do 30 Indefinitely.
II win BE- matter 81 great pride and
something 10 proparly oo.~t OF IN
years go core ror Individuals and fani-
lies 20 oNn the original Liberty Bonds
which they acquired during the initial
sales Of the several issues Next TO
evidence OF honors won in tho field.
there can be no better badge OF true
patriotism and Americanfsm than
proof Of helping the nation financially
10 win the wan
And in addition 70 the patriotic fea-
ture the material side IS 10 be consid-
cred No parent can bequeath a more
children than wealth IN government
bonds and no corporation could posi-
bly, have It's surplus In an investment
one half az good The temptation may
arise TO sell your bonds. but the part
OF sound financial policy and patriot
ism Is 10 hold them always.
Insurance Companies Buy.
An excellent idea OF the value OF
Liberty Loan Bonds as an investment
proposition can be had from the CO
lossal purchases OF the first issues by
insurance companies and the volume
Of applications already made for the
Fourth Loan The big old line com
panies figure heavily as buyers. and
life companies throughout the country
have acquired massive holdings.
No class Of corporations r. more eau
uous In the matter OF investments
than life insurance companies. In re-
cent years Sey have been hedgsd IN
BY rigid laws covering the variety OF
securities into which reserve funds
may be placed. The companies have
In thsir employ the most expert and
sagscious bond men TO be had. and the
safety OF policy holders depends large
" ON these buyers
In ordinary times bond houses with
an Issue Of miscellaneous bonds 20
sell. WHISTLER municipal or corporation.
can get no better endorsement than
that they may be purchased By insur-
Ance companies. II constitutes q sort
Of hall mark OF value and In based
upon the wellknown caution OF the
life companies In securing investments
FOR their funds.
The manner IN which life companies
he country over have taken Liberty
Loan Bonds demonstrates what the
0est-trstned body OF security buyers
thinks Of them as investments. fnci-
ientally. no better advertisement
could be written for = life Insurance.
company than one telling poliey-hold-
ers that the funds securing their fnsur-
xucs are Anchored On rfho<%v nCrA.