LAND & WATER June 14. 1917 
^e I>A^TMENT 
EXCHEQUER BONDS 
Repayable in 1919 or 1922 as you prefer, pound for pound, in Cash. 
57o interest per annum, payable every 6 months. 
You can buy 5% Exchequer Bonds through a 
Bank, Money Order Post Office, or any member 
of the Stock Exchange, or your Local War 
Savings Committee can give you full particulars. 
