Word: bond
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...make a suggestion as to a plan for life subscriptions? Why not sell your subscribers Subscription Bonds?" The amount of seventy dollars, named in the sample bond enclosed, is fixed on the supposition that the money invested with you can be made to pay 5% with safety, and that you can afford to make a subscription price of $3.50 to these subscribers. The rate of interest on the bonds, and the subscription price to them, would have to be determined and the amount of the bond fixed in accordance with the facts...
...only would these Subscription Bonds be bought by individuals, but they would make appropriate birthday presents, graduation presents, and wedding presents. If TIME continues to improve, they will be handed down from father to son, their value to the possessor increasing with time. In 1979 I can imagine a man of 70 saying to his grandson, "Here is a Subscription Bond for your graduation present. My father gave it to me when I graduated in 1929. The only condition is that you let me read TIME as long as I live. I hope you will keep this to hand...
...King George is everybody's King ! And the first words all those listening throughout the Empire would wish me to say are those of thanksgiving to Almighty God for the King's recovery. His patience and courage drew the sympathy of all nations and proved a new bond of human brotherhood. Never has loyalty of his people been more affectionately centred on the Throne than it is at this moment...
...American straphangers, of course. Where bond issues reach into thousands of millions, the banking fraternity will whoop it up in glee, of course. What if the wary investor steers clear of such bonds, having in mind fresh cancellations of German bonds 5c per $100? There are plenty of estates held in trust and plenty of innocent widows and orphans on whom the bank's allotment will be palmed off all over the United States...
Call Money Market. Mr. Simmons's next main contention put upon the Federal Reserve Board the responsibility for the low bond market and the high money rates which usually have been blamed upon the Stock Market. For, said he, the Reserve Board, through its "fear propaganda, warnings, and vague threats," has so filled the capitalists with anxiety, with terror, concerning investments in either stocks or bonds, that this capitalist has put his money not into stocks, not into bonds, but into the call money market- "the safest form of investment known in this country." Furthermore, the more the Reserve...