---
title: Italiens, souscrivez au 4ème Emprunt de la Défense Nationale (Banca Italiana di Sconto, Paris)
url: https://propagandaarchive.org/collection/italiens-souscrivez-banca-italiana-di-sconto-1918/
description: Crossed French and Italian tricolours bound with a red ribbon and laurel sit over the headline 'Italiens'.
section: Collection
---

[Collection](https://propagandaarchive.org/collection/)

[![Italiens, souscrivez au 4ème Emprunt de la Défense Nationale (Banca Italiana di Sconto, Paris)](https://propagandaarchive.org/collection/images/italiens-souscrivez-banca-italiana-di-sconto-1918.jpg)](https://propagandaarchive.org/collection/images/italiens-souscrivez-banca-italiana-di-sconto-1918.jpg)

# Italiens, souscrivez au 4ème Emprunt de la Défense Nationale (Banca Italiana di Sconto, Paris)

Crossed French and Italian tricolours bound with a red ribbon and laurel sit over the headline 'Italiens'. The two allies' flags lend their prestige to a bank's sales pitch, which then gives hard terms: price, a yield of 5.65 per cent, tax exemption and the chance of capital gain.

## Text on the object

Original (French) · read from the image, not independently checked

```
ITALIENS
Souscrivez au
4ème EMPRUNT
DE LA
DÉFENSE
NATIONALE
La Nouvelle Rente Française émise au Prix de:
70f.80 pour 4f. DE RENTE
donne un revenu réel de
5,65 %
est exempte d'Impôts, reste à l'abri de toute conversion pendant 25 ans
OFFRE LA CHANCE D'UNE PLUS-VALUE EN CAPITAL DE
12,99 % du versement quand le cours atteint 80f
27,11 % ______ 90f
41,24 % ______ 100f (le Pair)
Les Souscriptions à l'Emprunt de la Libération sont reçues sans Frais à la
BANCA ITALIANA DI SCONTO
2, RUE LE PELETIER (Angle du Bd des Italiens)
[lower left: Crété, Gr. - Visa N° 13.603]  [lower right: Imp. de l'Agence Économique et Financière, Paris]
```

English translation (machine translation by Claude, not verified by a fluent reader)

```
ITALIANS
Subscribe to the
4th LOAN
OF NATIONAL
DEFENCE
The new French rente, issued at the price of:
70.80 francs for 4 francs of rente
gives a real income of
5.65 %
is exempt from taxes, stays safe from any conversion for 25 years
OFFERS THE CHANCE OF A CAPITAL GAIN OF
12.99 % of the payment when the price reaches 80 francs
27.11 % ______ 90 francs
41.24 % ______ 100 francs (par)
Subscriptions to the Loan of Liberation are received free of charge at the
BANCA ITALIANA DI SCONTO
2 Rue Le Peletier (corner of Boulevard des Italiens)
[lower left: Crété, Gr. - Visa No. 13.603]  [lower right: Printed by the Agence Économique et Financière, Paris]
```

Small print at the foot is only partly legible; the visa number is read as printed.

[← Halt the Hun! Buy U.S. Government Bonds, Third Liberty Loan](https://propagandaarchive.org/collection/halt-the-hun-1918/) [Suomen Mies ja Nainen! Äänestä Kansallista Kokoomuspuoluetta! (political postcard of the National Coalition Party) →](https://propagandaarchive.org/collection/kokoomus-suomen-mies-ja-nainen-1918/)

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