Liberty Loan of 1917 overview and bond details
The Liberty Loan Bond is a U S promise to pay principal at maturity and interest semiannually. Two bond types exist bearer and registered with various denominations. First issue totals 2 1 billion dollars dated June 15 1917, 30 year term with 3 percent interest. Bonds are non taxable except inheritance tax and offer exchange for higher rate bonds if issued later. Public subscription encouraged across the nation to demonstrate democratic resolve.
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Liberty Loan
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