Year: 1864

sand lent. How much more would Shyiock
have exacted under the circumstances


But this is not all. Your loan to the Govern


mont is not subject to State or local taxation,


and is subject TO only half the Income Tax you


must pay on any other investment. And, II


you choose to receive registered bonds, you
stand inscribed on the great book of the Nation
a public creditor, and cannot be divested OF
your property by theft, burglary, Hood, fre' or
any other calamity short of the great and final
connagration.


But may not the Debt be repudiatedf


Certainly it may be; just as your farm may
be taken from you by violence, your bank stock
distributed among the denizens OF the FIVE
Points, or your mortgages annulled and confis-
Gated Everything you have, or can have, OF
this worlds goods, rests at last on the broad and
solid basis of Public Faith. If this should ever
become predominantly nation Of knayes,
swindlers, assassins, the National Debt may be
repudiated; but, whenever it is, no prop
erty will have any real value, for all
rests on one basis and is guaranteed by the fact
that Honesty and Justice arc the true interest
of all, and will be steadiastly maintained, III
every clear case, by an overwhelming majority.
The National Debt is far less likely to be repu-
dated now that Millions are interested in it
through Savings Banks, Trust Companies,
Banks and otherwise--than it was when but
one-tenth its present amount.


Countrymen and women! almost any loyal
bank leading merchant, or dealer in money,
will receive your money and promptly convert
il into such Government bonds as you may
indicate. You can take as little as $50 if you
can spare no more; or 80 many SlOOs, S5OOs,
81 COOS, S5,OOOs, or Sl0,000s, as you can pay
for. If you choose coupon bonds, you can cut
off the interest certificates rs they fall due Cor
before) and obtain the gold for them Cor green
backs with the premium added) in almost any
village or store. Lending to the Government is
not like taking mortgage or bond or personal
note; because those before due can only be sold
at a sacrifice in most cases; whereas Govern
ment bond can alnays be sold for cash; or You can
borrow on it whatever smaller sum You may
want for thirty, sixty, or ninety days, at any
bank, or of any one who has money to lend, at
the very lowest rate of interest, and without
asking any favor. Every one likes this kind OF
security-that is, every one likely to have the
money to lend. We consider five per cent on
a Government bond equal TO seven on an ordi-
nary mortgage. And you are to-day offered
more than eight per cent by your Government,
with sixteen dollars of principal for every ten
dollars you lend What gold-mine in Utah or
other ar-castle of moonshine do you suppose
equal to that


Americans! Patriots Countrymen speak to
friends, your neighbors, your relatives, and ex-
hort every one to vie with you in piling their
money into the new Ten-Forty Loan Beg
every one to pnt off building, fencing, i'm
proving, beautifying for this year-all the
Money and Labor being urgently needed for
more pressing use-and lend every disposable
dollar to sustain your country in her crowning
struggle with the Rebellion