The Protective Services Of United States Savings Bonds
United States Savings Bonds were first offered in March, 1935, and later were designed as an investment for excess savings during World War II. They are not really bonds, in a technical sense, since they are not a lien upon the properties of the government; more properly they should be classed as debentures, since their security depends entirely upon the credit and stability of the government of the United States.
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