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Newspaper
Bloomfield Democrat
Location
Bloomfield, Indiana, United States of America
Date
Oct 19, 1917
Page
3
A wartime message urges farmers to join the Liberty Bond campaign to weaken German autocracy and bolster the home front. The appeal ties agricultural support to national democracy as boys fight for freedom.
A Federal Farm Loan Board member argues farmers should be the strongest buyers of Liberty Bonds. He says bonds offer safety and better returns than land, tying farm value to national victory and the war effort. He compares past bravely to Lexington and Concord and warns against slackening bond purchases.
Mrs. Donald McDonald, state chair, names Mrs. Frasier Bonnie as Louisville city chair to work with Mrs. George C. Avery. The Kentucky Defense Council coordinates a whirlwind campaign urging purchase of United States Liberty Bonds before the October 28 deadline.
Propose a thoughtful present that combines financial return with national devotion by purchasing a United States Liberty Bond for a loved one. The item links personal affection with civic duty and potential financial gain.
The Women's Liberty Loan committee of the Eighth Federal Reserve District held its first meeting in St Louis on October 14 at Boatman’s Bank Building. Miss Florence J. Wade chaired with Mrs. Philip N. Moore attending. Dr. Anna Howard Shaw urged Red Cross and defense groups to devote October to Liberty Loan, to finance the war. County chairs across Illinois joined in receiving guidance from Mrs. Willson. The campaign targets women’s clubs, churches, lodges and other groups nationwide.
The St Louis Liberty Loan Organization mobilizes women led by Mrs John H Holliday with cooperation from Mrs B F Bush and the Equal Suffrage League. Four minute speakers will address crowds in motion picture houses and other venues to promote Liberty Bonds.
The article contrasts Germany and the United States as both call their people to fund the war. It notes US gold holdings rising since 1914 by 1.2 billion dollars while Germany appeals for more rings and jewelry as its gold stock falls to wartime lows.
The second Liberty Loan issue under the Sept 24 1917 act will exceed 3 billion dollars with at least 3 billion offered and oversubscription allowances up to 50 percent. Subscriptions run Oct 1 to Oct 27 1917 with bonds dated Nov 15 1917 and mature Nov 15 1942. redemption after 10 years possible. It offers two types, registered and coupon, with multiple denominations and a new four-coupon coupon bond structure. Subscriptions may be paid in full or via an installment plan starting 2 percent on application and staggered payments through Jan 15 1918. Bonds are tax exempt except for certain taxes and include a conversion option to higher rate bonds during the war.
In the first Liberty Loan drive farmers were hard to reach as spring planting kept them busy and they needed funds for crops. Now crops are in and high food prices mean farmers have money to invest. National loan organizers and farm bureaus push a second campaign with Albert R. Mann urging farmers to support liberty and feeding the country.
Mrs. Howard T. Willson of Virden leads the first subscription for the Woman's Liberty Loan Organization in the Eighth Federal Reserve District pledging 60000. Illinois district chairs Mrs. E E Schnepp and local teams promote bonds with a folder urging support and outlining bond outcomes for equipment and supplies.
Women from seven states gather in St. Louis to boost Liberty Bond sales under the Liberty Loan Organiza tion. W R Compton urges every state woman to spread the gospel of the deed with support from city and bank leaders.
William B. Wilson urges wage earners to contribute to the second Liberty Loan, arguing democracy hinges on worker sacrifice. He compares national effort to rain droplets forming a flood, notes workers at home must fund arms food and supplies for troops, while stressing democracy and shared sacrifice.
Joseph J. Bascom of Broderick Bascom Co in St Louis urges small investors to buy 4 percent Liberty Bonds as the safest investment. He cites corporate taxes and depreciation, notes big investors and experts follow winners, and says investing surplus earnings in Government bonds beats paying dividends. Buy Liberty Bonds.
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