The Hayti herald. (Hayti, Mo.) 1908-1922, 1919-01-30
BUSINESS ACUMEA
PROMPTS HOLDING
To LIBERTY BONDS
VALUE AS COLLATERAL Is
GREATER THAN ANY KNOWN
TO FINANCE.
MATCH OUT FOR SHARPERS
Beware Of Men Who Offer "some-
thing Better" In Exchange,
Financicr Advises.

The value as collateral Of United
States Liberty Bonds, according to
The president Of one Of the largest st.
Louis national banks. is greater than
any evidence Of wealth known to f.
nance.
Next TO gold coin and specie taoy
represent the most stable medium Of
exchange within the power Of ous gov.
frnment to issue, and there Is nothing
On which banks the world over would
rather lend money.
This is pointed out az one Of the
numerous material reasons for hold
ing tight to the bonds when once they
lEs purchased. The patriotic and sem
timsntal reasons for not dispostng of
them are quite as strong, s'It the
arguments in that field are Less con-
crete and more difficnlt to present in
language than those. dealing vita the
investment,
Never Good Reason co Sell.
There Is never a good reason tor
selling ons's Liberty Bonds. The main
cause for doing SO in 9S, ger cent of
cases is TO get money. It. is easily
possible to Set the money and stiiI
retain title 80 your bonda, as anyG
bank in your city will lend you close
10 their market value, and for long
period OF time at inside interRst rates.
Then you are stiil drawing your bond
;y,ta Ia
g. per cent yous" net rate Is nn1y e
psE cent with SO. per cent bond as
cola erai.
Since the f3pst Liberty Bonds
reached she hanosh OF the pubsde they
have been the obtsetiwss Of an sntlessl
olass Of sharpers and unscruuia0usi
business men who have schemad unI
tiringIY to get the. holdings OF their
less ksen peighbors,. Tllase genttamen
some with propositions "tust as& safe
and. yielding far greater returns"
Against such proposals. all holders OF
United States honda, large and small,
are dnNhly warned.
There is Nothing nearjg as safe and
ytslding better returns, which anyone
wenld want to dispose of. Russell
Sage. chan whom 40, Gn.ancier has
ever bad e. better understanding .1f
investments once remarked that
there. WGs, no such hing as safs 8
per Gent Investment. He died leaving
q marketable estaL9, OF upward Of
5000 900, so tha& his Opinicna is
warth considering,
The per cent os"4A per ceuE re-
turn trpm your LtGsrty Bonds will
continua to come Ia you as regularly
as the succession OF dawn and dark
ness through your lie gnd the 1ura-
tion. of the bond. and: to yuur desaend.
ants after you. Ard just as sure ea
tha United States. goTeenment. en-
dures you Gili receive the principal In
Gllll az the expiration OF the loan Pc
mod. 1t is impossible to conceive,
therefore, Of a mogs. entirely safe and
comfortable investment to hold al
| ways, than Liberty Bonds.
A. Permanent InvestmenS
Thus far no cns has been able to
coma forward with a logical argument
against Liberty Knnds as permanent
| Investment. Tht, only circumssance
presenting the senltianoe Gf sound
ness is that Of the persons who point
ont the small interest return. in view
| of income on other 'investmsnts of 6
| standard variety. Changing cond1
I lions, however. rapidly demoiish aaC
upset standards, aud with return tt
aorma times and plentifuf money tbs
N per cent rate will ha considered
large.
II takes no effort 'of memory to re
call the time when banks were loanini
vast sums at 4 per cent, and even
shade under that figure. Then na
nicipal bonds bearing per cent wer
selling az high as ,$l02 to Sl06, tn
premium bringing the interest basi
well under 3la per cent. On basi
of their market EEice. railroad stock
and other standard securities wer
yielding little ifyany'better than 4
Spec cent.
Government bonds brought emo
, nous premiums, especially those bea
ing per cent and better. Certainl
the credit of the United States go
. ernment, and the values back of
= now. are tmmeasuSablyI greater ths
4 al any precedingS Spssi0d in our hi
tory. so that it is}safe to predict tn
i. those who hold on TO their Liher
= Bonds will in afterIwar years resii
a substantial profits on the holdin'
q should they feel disposed to sell VIII
peace ,hasjbeen restored.