The record., 1918-10-17
TIME PAYMENTS To
MAKE BOND BUY|RG
EASY ALL AROUND
NOT HAVING READY CASH WILL
FAIL AS AN EXCUSE IN
FOURTH LOAN. =
FIRST PAYMENT 10 PER CENT
Many Business Concerns Arrange to
Garry Bonds for Employees
on Easy Terms.

Inc poorest excuse man can put
Up for not performing his patriotic
duty in buying Liberty Loan Bonds is
to say he has not got the ready cash.
He does not have to have the ready
cash, as the government has provided
for payment in installments and in
addition financial institutions, indus
trial concerns and other agencies have
arranged plans for easy time payments
for persons desiring to subscribe.
You can buy Liberty Bond, large or
small, much as piano or diamond
ring is purchased on time, and have
something of vastly greater value
when it is paid for. An enormous por-
ton Of the preceding Liberty Bond is
sues were bought on the installment
| plan, payments ranging as low as 81 a
week on the $50 denomination.
A prime object with the government
Is to make the loans popular, and place.
bonds with as great number of Amer
lean citizens as possible. All classes
of citizens, rich and poor, are given
the opportunity of participating in the
| great financial transaction which will
| furnish the sinews of war to our glori-
Gus army which is fighting the battle
of freedom in France.
Uniform Payment Plan.
In certain OF the large cities. includ-
ing New York, Baltimore, st. Louis
and Philadelphia, a uniform plan for
time payments has been adopted.
| Small books will be issued in which
] stamps are to be pasted, serving SO
receipts for So payments. When all
the stamps are affixed ipl;ea book il
cen be presented to srlE ar trust
company and exchanged for a $50
bond.
Where this plan has been adopted
the financial institutions have formed
an association which purchases the
bends from the government and car
ries them for the partial-payment sub
scribers. No better scheme has been
devised than this for populous centers,
but in smaller communities it would
apply less effectively, and the Liberty
Bend Organization has decided to let
each county and town work out it's
own time payment plan.
Numerous schemes and plans have
been suggested, and the ones best ap-
plying to conditions in their particular
sections will be selected by the small
er organizations. 1t is assured, how
ever, that anyone desiring to buy
bond or many bonds and pay on time
viii be given ample opportunity to
CO so.
At Easy Intervals.
In the present loan the governments
plan provides for payments in five in
stallnents. An initial payment of 10
per cent will be required, payable at
the time of subscribing The subse-
quent payments will be as follows:
70 per cent on Nov. 21, 1918; 20 per
cent on Dec. 10, 1918; 20 per cent on
Jan. 16, 1919, and 80 per cent on Jan.
90, 1919. The time elapsing between
these installments gives the subscriber
, ample breathing space in which to ar
range for meeting his payments.
Attention is strongly directed to the
initial 10 per cent payment require
ment. This is to protect legitimate
subscribers and eliminate certain
pseudo purchasers, who would willing
ly put their names down for large
amounts and assume airs because OF
their performance, then not take up or
pay for the bonds signed for. The gov
crnment proposes to eliminate all such
camouflaging in the Fourth Liberty
Loan.
denominations Of the coupon bonds
), are $50, $1G0, $500, $1,000, $4,000 and
$4,000. In the registered bonds the
denominations are the same up to
. %10.o0o, but in addition there are
! so, 900 and 100000 bonds. The first
- interest payment will be on April 10
1913, and thereafter the coupons will
70 i'll due regularly on Oct. 13 and April
-. The date of maturity, amount OF
lean and others details have not yet
teen announced.