The Hayti herald. (Hayti, Mo.) 1908-1922, 1919-07-31
THEY ARE NOW AVAILABLE IN
500 AND $1,000 DENoMi-
NATIONS.
REGIONAL BANK SUPPLIES
Terms and Conditions Appear On
Face and They Are Exceed
ingiy Liquid.

ing office in washington, and repos-
ing in the vaults of the Federal Re-
serve Bank in st. Louis, are millions
of dollars worth of the latest securi-
ties issued by the United States Gov
ernment for circulation among patri-
otic and thrifty citizens Of Missouri,
Arkansas and Kentucky.
Government bonds are not the nov
city they once were. The war saw to
it that the people of America as we'll
as European countries were educated
along these lines. The Liberty Bonds
were introduced into many institu-
tions and households, and millions of
people who never saw Government
Bond prior to the war now reckon that
little piece of registered or couponed
paper as one of their most cherished
possessions.
But this new issue of Uncle Sans
is the most unique and readily alb
sorbed security of all. 1t is the out
growth of the War Savings Campaign,
and bids fair to have even wider cir
culation and greater popularity than
even the Liberty Bonds. The instru-
ment itself, issued in two denomina-
tions of $1,000 and S1OO are splendid
specimens of the engraver's art.
While in many respects the new
certificates are simply Savings Stamps
of greatly enlarged value, they take
on the physical beauty of Uncle Sans
most solemn promise to pay. The
thousand dollar certificate is TX
inches wide by 6 inches deep, and
is printed on that specially prepared
and almost uncounterfeitable paper
that in itself breathes confidence.
The back ground is the giant Land of
Liberty Enlightening the World, and
the ray from the great torch flares
forth to each extremity of the paper.
The border is neat and artistic, and
the wording is plainly engraved. The
printing is in rich brown ink.
The smaller new security, the 500
certificate, is the exact counterpart Of
the larger $1,000 certificate, save in
the amount and the further fact that
the printing is in blue ink.
The demand for these new issues
was such that the Treasury Depart
ment could not ignore it. Many per-
sons who realized the advantages of
the War Savings Stamps wanted to
avoid the necessity Of buying the
small stamps and sticking them to the
cards issued by the Government. The
bulk of $1,000 in SIS stamps, too, were
considered an Inconvenience by many.
Now one may buy either the $10O or
the $1,000 certificate, paying the price
fixed by the Government for this
month, namely, 1886 for the latter.
In August the price will be 1888, and
will increase 81 each month. The 500
certificate may be bought this month
for $3.50 while in August the cost
will be $3.50, and increases in cost
20 cents a month. Each security
reaches maturity on January /, 1924
Those who hold the securities of the
old and smaller denominations may
exchange them for the new. In order
to get a $100 certificate the applicant
must submit 20 completely filled out
SIS War Savings Certificates, For the
81, 900 certificate it will take ten times
as many. The unregistered certificate
may be exchanged through any banl
that is authorised to sell War Savings
|. Certificates. The registered one, o.
course, must be redeemed through tht
post office department. The interes
. rate, as we'll as all other provisions il
the new securities is identical witt
, that of the familiar War Saving
Stamps-four per cent interest com
pounded quarterly. The redemption
privilege, too, is the same. II tn,
holder must realize ON his investmen
he may obtain cash for the same b.
D giving ten days notice and surrender
ing the same through the Treasur
} Department. If not carried to ma
turity the certificate bears interest a
the rate of per cent.
The law provides that the certif
Gates are not negotiable, and plainl
printed on the face, in large capitals
are the words, mot transferable"
There can be no shrinkage in valu
of this form Of security. If after ca
3 rying it for year, and then necessit
z compeis disposing of the same, tn
) holder will receive the full amour
Z paid, plus per cent If, however, l
) holds it to maturity it draws four pt
z cent compounded quarterly, which
! exactly Az per cent.
Z AS far as security is concerned, Il
! total wealth of the United States
! nation itself.