Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1919-08-03
UNCLE SAM s Ne W
CERTIFICATES ARE
GOOD TO LOOK At
THEY ARE NOW AVAILABLE IN
500 AND $1,000 DENOMl.
NATIONS.
REGIONAL BANK SUPPLIES
Terms and Conditions Appear On
Face and They Are Exceed
inoiy Liquid.

rTebH HUH tHo GOVoIAHCHI " I'LL
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
eminent for circulation among patri-
otto and thrifty citizens Of Missouri.
Arkansas and Kentucky.
Government bonds are not the nov
city they once were. The war saw to
1t that the people Of America as we'll
as European countries were educated
along these lines. The Liberty Bonds
were introduced into many institu-
tons and households, and millions Of
people who never saw Government
Bond prior to the war now reckon that
little piece of registered OF 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 a wider cir
culation and greater popularity than
even the Liberty Bonds. The instru-
ment itself, issued in two denomina-
tons Of $1,000 and 500 are splendid
specimens Of the engraver's art.
While in many, respects thu 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 ~
inches wide by s inches deep, and
is printed on that specially prepared
and almost uncounterfeitable paper
that in itself breathes confidence
The back ground is the giant and Of
Liberty Enlightening the World, and
the ray from the great torch flares
nth 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 10 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 S. stamps, too, were
considered an Inconvenience by many.
Now one may buy either the $500 or
the $1,000 certificate, paying the price
fixed by the Government for this
month. namely. 1896 for the latter.
In August the price will be 1898, and
will increase 81 each month The 800
certificate may be bought this month
for $3.50 while in August the cost
will be $3.50, and increases in cost
20 cents month. Each security
reaches maturity on January l. 1924.
Those who hold the securities Of the
old and smaller demonstrations may
exchange them for the new. In order
to get 800 certificate the applicant
must submit 20 completely filed out
S. War Savings Certificates. For the
$1,000 certificate it will take ten times
as many. The unregistered certificate
may be exchanged through any bank
that Is authorized to sell War Savings
Certificates. The registered one, of
course, must be redeemed through the
post office department. The interest
rate. as well as all other provisions In
the new securities Is identical with
that of the familiar War Savings
Stamps-four per cent interest COM
pounded quarterly. The redemption
privilege, too. is the same II the
holder must realize on his investment
he may obtain cash for the same by
giving ten days notice and surrender
ing the same through the Treasury
Department. If not carried to ma
turity the certificate bears interest at
the rate Of per cent.
The law provides thae the certif-
Gates are not negotiable. and plainly
printed on the face. in large capitals.
are the words. Not transferable"
There can be no shrinkage in value
of this form of security. II after car.
rying it for a year, and then necessity
disposing Of the same, the
holder will receive the full amount
paid plus per cent. II. however, no
holds 1t to maturity 1t draws four PEI.
cent compounded quarterly. which 10
exactly Az per cent.
As far as security Is concerned, the
total wealth OF the United States 10
behind 1t, and 1t is a. secure az the
nation itself