The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1922-01-26
BABY BOND" Is
A MONEY MAKER
Treasury Saving Certifi-
Gates Are Called Most
Attractive.
ON SALE HERE NOW

Postmaster James German today
urged the public of Kenosha to invest
their savings in the new issue Of
treasury certificates which have been
recently placed on the market and
which are declared to be the safest and
most attractive baby bond issue which
has yet been offered for sale at the
post Offices Of the country. It is anti
cipated that many Kenoshans who have
small sums to invest will be interested
in purchasing the new certificates.
Theodore G.. Joslin, writing to the
Boston Transcript from Washington,
says that financial experts consider the
new issue of treasury savings certif-
Gates, which were placed on sale IN
the post Offices throughout the country
December Is, 1921, the most attrac-
tive securities ever issued by the Unit
ed States government.
The dispatch to the Transcript con-
tinues:
Treasury officials are satisfied that
many thousands of people will buy the
certificates which are in denomina-
tions of $25, 500, and $1,000, costing
$40, $50, or $500, respectively, carry
ing Al per cent compounded semi
annually. At the end of FIVE years
these will be paid at the full maturity
value. Many public officials, including
Vice-President Coolidge, recommended
purchase of the certificates today.
Never Can Be Deprecated.
This is an example, said the Vice
President, of the purpose of the ad-
ministration, to popularize government
securities. Everyone knows that the
safest place in the world for invest
ment is in the obligations of the Unit
ed States. The excellent feature of
this certificate issue lies in the fact
that it is redeemable at any moment
at guaranteed fair rate of interest.
No onestakes any chance in having his
investment temporarily decrease in
value as happened to purchasers of
Liberty bonds. The attractive feat
lures of the investment are the abso-
lutte security in principal, a guaran-
teed high rate of interest, and a guar
anteed right to withdraw the money at
any time at lower, but still fair, rate
of interest
unlike some, issues IN the past, the
purchaser is protected at all times and
under all conditions If the certif-
Gates must be surrendered before ma
turity, the purchaser will be paid the
principal and interest at the rate of
I3h per cent per annum compounded
semi The $25 certificate
bears the portrait head of Theodore
Roosevelt, the 500 certificate that of
George Washington, and the $1,000
certificate that of Abraham Lincoln.
Issued Only in Registered Form.
"To afford protection against loss
and theft, the certificate will be issued
only in registered form and will be
recorded on the books of the treasury
department. The name and address of
the owner and the date of issue will be
inscribed on each certificate by the is
suing agent at the time of issue. The
certificates will be on sale at practical
ly ali post Offices, at Federal reserve
banks, and at such banks and other
agencies as may qualify for the pur-
pose.
Treasury officials emphasize that
the certificates will not conflict with
postal savings; rather that they will
supplement the savings. They say as
we'll that the certificates should not re-
suit in any decrease in savings banks