Jasper County Democrat, Volume 20, Number 9, Rensselaer, Jasper County, 28 April 1917 — THE BOND SALE [ARTICLE]

THE BOND SALE

Within a few days thousands of agencies for spreading information will begin to apprise the people of the government's plan to sell bonds jto the value of Newspapers, periodicals and the ; owners of many kinds of advertis- ■ ing space have off-red to tell of plan without cost to the government, 1 Hundreds of banks, stores and even mail order concern- have volunteered to act as v.t ■- out change. This means that there will he no reason why a citizen should not know all about the project. Th<- d-tails of the plan have r-t been worked out, but in general -it 1-uiv b° stated that the government is borrowing ir. '-y at ’J per 1 cent •■'interest a '"-or. about half as much as many of j~e European ; b»qiig*yi’Ants...;-hiaxe.—mrd 1 ■ -,ay - -f&r kjoans med ■ in th:- oun-r?. !'■ rsons ,who Vou_ : .* the bond- of allied countries m’Ung more. ’h-n X - r cer: •r. . ■- . .r ‘ - point of view of the morfortunate in- their v-mt-ire. Rut this case-.-is -different, 'The. allied govern* - nts : .1 t-j ; : -y 1..-.. rai-

of interest because for a time tbehy, p.sition \wais such as cause many to believe that they might repudiate their debts. Such a thing D not thought of in the case of the United States. The bond buyer who invests in the present issue Will have every assurance that his money is as safe as if he had it in gold in . a strong vault. In addition, it is earning 3% per cent, the rate on savings deposits paid by many banks, and the bonds are exempt from all taxation, including the income tax.; Best of all, in buying bonds he is; performing a-, real< service' jforj-his' etyintry. These considerations will, j unddjuibtedly, serve .to draw from; the country in a short time a wnr, chest such as will make the kaiser | lie awake nights. Let us mobilize ■ in forty days enough money to deal, the final blow ta forty years of ■ Prussian ■ prepara|jon for - world ’ It is a fine American project, to be most effective, ■must-j be... done with American j'promptness.-!' . . ,