The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1919-03-28
BUSINESS ACUMEX
PROMPTS HOLDING
TO LIBERTY BONDS
VALUE AS COLLATERAL Is
GREATER THAN ANY KNOWN
TO FINANCE.
WATCH OUT FOR SHARPERS
Beware Of Men Who OFFER "some.
thing Better" In Exchange,
Finaneier Advises.

The value as collateral OF United
States Liberty Bonds. according 70
ths president OF one OF the largest ST
Louis national banks. is greater than
any evidence OF wealth known 10 III
nance.
Next to gold coin and specie they
represent the most stable medium OF
exchange within The power OF our gov
eminent 10 issue. and there is nothing
on which banks the world over would
rather lend money
This is pointed out as one OF the
numerous material reasons for hold
ing tight 10 the bonds when once they
are purchased The patriotic and sen
timental reasons for not disposing OF
them are quite as strong. but the
arguments in that field are less con
crete and more difficult 10 present In
language han those dealing with the
, investment.
Never Good Reason 70 Sell.
There Is never a good reason for
selling ones Liberty Bonds The main
cause for doing so in IS per cent OF
cases IS 10 get money. II is easily
possible 10 get the money and still
retain title 20 your bonds. as any
bank IN your city VIII lend you close
I 10 their market value. and tor a long
period OF time FL inside interest rates
Then you are stan drawing your bond
interest. 50 hat II you pay the bank
8 per cent your net rate is only IL
per cent Wiih ~ per cent bond a.
collateral
Since the first Liberty Bonds
reached the hands OF the public they
have been he detectives OF an endless
class of Arpcrs and INSCRIPTIONS
business mcn who have schemed un
/ trlngly 10 set the holdings OF their
less keen neishbors. These gentlemen
come With propositions lust as safe
end yielding lar greater returns
Against such proposals all holders OF
United States bonds. large and small.
are doutly warned
There b. ro.hins nearly as safe and
yielding better returns which anyone
would want 70 dispose Of Russell
sage. than whom no f.nancier has
ever had better uadcrsta nding o.
inYes ~, hts. nnre remarked that
there Vas no a thing as a safe &
per cent invesim-it He died leaving
marketable lie OF upward OF
S5.0OO00e so at his opinion f.
worth considerirg.
The Per cent or A.. per cent re
turn from your Liberty Bonds Will
continue TO come 20 you as regularly
hs the succession OF dawn and dark
ness through your life and the dura-
ton Of the bond. and 10 your descend
ants after you. And Just as sure a.
the United States government en-
dures you will receive the principal in
full al the expiration OF the loan pc
rod II Is impossible 10 conceive.
therefore. OF a more entirely safe and
comfortable investment to hold al
ways than Liberty Bonds.
A Permanent investment.
Thus far no one has been able to
come forward with logical argument
against Liberty Bonds as a permanent
Investment The only circumstance
presenting the semblance OF sound
ness IS that OF the persons who point
ont the small interest return. in view
OF income on other investments Of a
standard variety. Changing condi-
tons. however. rapidly demolish and
upset standards. and with a return 10
normal times and plentiful money the
AZ per cent rate will be considered
large
II takes no effort OF memory to re-
call the time when banks were loaning
vast sums at per cent. and even a
shade under that figure. Then mu-
nicipal bonds bearing per cent we're
selling as high as 1902 TO 1896. the
premium bringing the interest basis
we'll under ga per cent. On basis
Of their market price. railroad stocks
and other standard securities were
yielding little II any better than 4 to
s per cent
Government bonds brought enor-
nous premiums, especially those hear.
ing per cent and better Certainly
The credit OF the United States gov
eminent. and the values back IL
now. are UNNECESSARILY greater tLap
a. any preceding period in our his
tory. so that It is safe to predict that
those who hold on to their Liberty
Bonds will in after-war years realize
substantial profits on the holdings
should they feel disposed to sell when
peace has been restored.