Italian advertisement for WWI national loans

Italian advertisement for World War One national loans. Shows personfication of Italy (possibly Italia Turrita) holding back a door behind which are German soldiers. Caption reads: 'Consolidated net income 5%. Issued at 86.50 per 100 rating. 5.78% actual income, tax-free now and in the future. Subscriptions received by all branches of the Issuing Institute, and at the Credit Institute, savings banks, cooperative banks and cooperatives, companies and banking societies participating in the Lean Issuing Consortium. ('Rendita Consolidata 5% netto. Emessa a L. 86.50 per ogni 100 nominali. Reddito effettivo 5,78% esente da imposte presenti e future. Le sottoscrizioni si ricevono presso tutte le Filiali degli Instituti de Emissione, e presso gli Institui di Credito ordinario, le Casse di Risparmio, le Banche popolari e cooperative, le Ditte e Società bancarie partecipanti al Consorzio per l'emissione del Prestito.') Private collection from collector TS