COVER STORY -
UNVEIL NEW INFLATION- INDEXED SAVINGS BONDS
(Continued from page 1)
$75 I Bond: Dr. Hector Garcia, a leading advocate for Mexican- American veterans’ rights, an activist in the Latino civil rights movement, and the founder of the American G.I. forum.
$100 I Bond: Dr. Martin Luther King, Jr., one of the nation’s most prominent civil rights leaders. Dr. King was also a minister and Nobel Peace Prize recipient.
$200 I Bond: Chief Joseph-Nez Perce Chief, one of the greatest Native American leaders.
$500 I Bond: General George C. Marshall, U.S. Army Chief of Staff during World War II, Secretary of State and Defense, author of the Marshall plan, and Nobel Peace Prize recipient.
$1,000 I Bond: Albert Einstein, a physicist and creator of the Theory of Relativity. Einstein was also a Nobel Prize recipient for Physics.
$5,000 I Bond: Marian Anderson, a world-renowned vocalist and the first African-American to sing with the Metropolitan Opera.
$10,000 I Bond: Spark Matsunaga, a former U.S. Senator and Congressman and World War II hero.
“These I Bonds will give Americans a way to save and be protected from inflation,” said Treasury Secretary Rubin, who joined Vice President Gore in announcing the new bonds and presenting each individual representing those honored a portrait as it appears on the Series I Inflation-Indexed Savings Bonds.
“The design of this new security gave us a rare opportunity to recognize these distinguished individuals whose talent and dedication helped our nation make great strides in knowledge, the arts, civil rights, and world peace,” Rubin
The Series I
Savings Bonds (I Bonds) offer Americans protection from inflation, insuring investors a real rate of return over and above inflation. The
earnings rate an investor makes on inflation-protected bonds is the combination of two rates: 1) a fixed rate of return announced by the Treasury Department that remains the same for the life of the bond; and 2) a rate of inflation that is adjusted every six months by the Bureau of Labor Statistics to reflect changes in the Consumer Price Index for all Urban Consumers (CPI-U).
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I BOND CEREMONY: Shown following the unveiling of the I Bon
representatives of the honorees. First row, l ft
to right ar : Walter E. Fauntroy, Hea of the Washington Chapter of the Southern Christian Lea ership Conference, Dr. Martin Luther King, Jr.; Mrs. Helene Matsunaga, wi ow of Senator Spark M. Matsunaga; Mrs. Wan a Garcia, wi ow of Dr. Hector Garcia; Samuel E. Penney, Chairman, Nez Perce Tribal Executive Committee; S cond row: Gary Ciccarelli, portrait artist; Marlin Miller, Creative Director, Ball A vertising, Lancaster, PA,; Keller Johnson, Helen Keller’s great gran niece; Third row: Yitzchak Oren, Minister for Congressional Affairs, Israeli Embassy, for Albert Einstein; Albert J. Beveri ge, III, Presi ent,
C. Marshall Foun Symphony, Marian