The Washington times., 1920-10-22
LIBERTY BOND
QWNERSl0SE
More Than 10000 Without Sc
cufities Through Theft
(, or CaraIessness.

cFty DOnOb anu NtCpOIy uVSSS H2vS
lost their bonds either through
theft, through destruction by burn
ing, or through some form OF care
lessness.
ESTIMATE Is CONSERVATIVE.
This is 4 conservative estimate.
The figures which Will be produced
by the Secretary of the Treasury in
his annual report, Will show num-
her in excess OF $4,000. IL is believed.
IL is felt certain that in the mai
accounting, as many as 10000 owners
OF coupon bonds will be shown TO
Fave been deprieved OF their Govern
ment securities The last official figures
showed 1858 persons having lost
their bonds OF which 6.038 were
holders of coupon bonds. These
fiEures are up to the close OF the
last hscsl year.
For thoae who have lost their cou-
pom bonds, there is little relief For
those who have lost registered bonds.
there 10 every probability OF reliet
Md yet Government officials said to-
day there were probably 50.0OO,OOO
coupon bonds still in the hands or
purchasers.
TALES ARE PiTIABLE-
The tales of those who have lost
their coupon bonds are most pitiable
in many instances. Poor women who
have struggled and saved to pur-
chase Government securities. either
through carelessness or a variety OF
unfortunate circumstances, suddenly
md themselves minus the bonds.
They endeavor to recover them, fall.
and then present their plea to the
Government OF the THOUSANDS who
have pleaded for the substitution or
securities for coupon bonds. only a very
~ eligible percentage have produced
sufficient proof Of loss to permit the
Government to relieve them. it was
stated here today. ...... ...
This condition probably will be
brought to the attention of the COM
ing Congress-, with hope that some
measure of relief may be found for the
owners of bonds as well as protection
for the Government.
Tho Treasury officials again today
called attention to their pleading that
coupon bonds be exchanged for the
registered bonds. Almost every adj
vantage Is given the holder of regis
tered bonds. Almost every disad-
vantage accrues to the holder OF cou-
poR bonds. And yet the people will
not respond. ar"
RANKS WILL HANDLE TRANSFER.
"Perhaps it is lack of knowledge as
u bow to exchange the bonds" was
,"ysested. 49,.
Any bank will handle the matter"
ated a, Treasury. official. "All the
{ s-ner Of a coupon bond has to do is
10 go TO his bank, ask for assistance
/ having his bonds exchanged, and
tie banks will handle it for him
Thin two weeks he will have his
registered bonds, sent to him by reg
is!ered mail. There is not the slight
st trouble. 1t all works like clock
WORT now.
Then there is no necessity for
clipping your coupons. If you have
registered bonds, your names are on
The Treasury books. Every six
months, a check comes to your house
IN the mail. II you lose your reg
istered bonds, checking up the loss
il less difficult and the law requires
only that you prove the loss. while
il you lose coupon bonds, the law
requires that you give clear and I'M
cquivocal proof of the loss"
WARN bond HOLDERS.
To warn the holders Of coupon
bonds of some of the difficulties they
face in the event they lose their
bonds some OF the stories told the
Treasury officials are related. One
in particular is as follows:
Four persons were living in a house
two elderly women who were sisters
and two younger men who were
brothers and ncphews of the women.