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Newspaper
Lexington Intelligencer
Location
Lexington, Missouri, United States of America
Date
Oct 11, 1918
Page
2
A wartime appeal urging every American worker to buy Liberty Bonds to support democracy against autocracy. The Illinois district of the United Mine Workers reports purchasing half a million dollars in bonds and pledges continued heavy buying to fund the war effort and care for soldiers.
In wartime America civilians deserve symbols of support beyond medals. The text urges wearing Liberty Bonds badges, Red Cross pins, and YMCA/YWCA emblems to show commitment to funding the war, aiding soldiers and families, and maintaining morale. It links bond purchases to ammunition and logistics, Red Cross to care, and Y to morale, ending with a call for readers to back these efforts.
Frank Farrington, president of the Illinois District United Mine Workers of America, is a leading labor figure. His district has nearly 100,000 members who mine about eighty million tons of coal annually, against a national output near 409 million tons.
A fragment describes a patriotism linked to Liberty Bonds, noting a $100 bond reduced to $96 and later offered at around $102 due to fears of counterfeit value. The text mentions distrust of fake security and references American currency promises amid unclear context.
Treasury figures show abstaining from gasoline on a gasless Sunday saved funds for weaponry and provisions. The savings could equip thousands of rifles and grenades, provide food for the AEF in Europe for two days, and fund millions in war materials while reducing fuel use by 6,000,000 gallons. The report urges investing the saved money in Liberty Bonds or War Savings stamps to aid the war effort.
Financiers warn many investors misread tax rules on Liberty Bond issues. Small holders sell 4 and 4 1/2 percent bonds to buy 4 percent first loan bonds to avoid taxes. Wall Street notes most bonds, including 4s, share tax freedom. Experts urge trust in government bonds as sound wartime investments.
The article argues that wartime borrowing, though alarming to some patriotic readers, benefits the economy by keeping funds in the U S. and offering safe 4 percent bond investments. It notes Wall Street Journal optimism that under par prices are temporary and that Treasury actions will aid bondholders. Small investors may misunderstand tax rules on 4 and 4 1/2 percent bonds and their tax treatment relative to other yields.
A Treasury report shows one in six Americans bought Liberty bonds in April and May, totaling 4.18 billion dollars. Subscriptions reached 134 percent of the 3 billion goal, led by New York state with 986 million dollars and districts like Delaware and Washington contributing high percentages. Major states include Pennsylvania Illinois Massachusetts and Ohio with multi‑hundred million sums.
The Webb School District under Miss Abbie Puckett organized a series of home nursing lessons. The first meeting was held at the Webb school house on Friday afternoon October 4. Miss Mildred Glasse spoke on sanitation in the home and sick room. The next meeting is set for October 18 with ongoing sessions every second Friday.
Miss Elizabeth Eckle arrived Wednesday night from Kansas City due to school closures.
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