Patriot War Economy Urges Business to Back War Effort
The piece argues waste is harmful and a true patriot supports rifles and shells. It stresses maintaining business, agriculture, mining and manufacturing to back soldiers, noting five behind-the-lines workers per front-line soldier. It links war needs, policy clarity, and Liberty Loan proceeds to brisk commerce nationwide.
Bankers foresee strong wartime economy and labor demand
The Bank of England governor visits the United States as Federal Reserve plans to manage Liberty Loan proceeds without disrupting business. War production spurs labor demand on farms and in government contracts, with no unemployment expected. Food crop expansion and gardening campaigns aim to ease shortages and freight issues while the United States leads as global agricultural, industrial, and financial center.
MENTIONED IN THIS ARTICLE
Bank of England
Federal Reserve Board
United States
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