Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1917-10-26
LOAN WILL help WIN
OR Shorten The WAR
Millions Who Cannot Fight Can
Provide Food, Guns and
Planes for Fighters

by city, and town by town, to the Sec
ond Liberty Loan of 1917, is bound to
be positive and reaching farther into
different sections and homes than
even on the First Loan.
The first week Of the campaign for
the Second Loan proves how thor
oughly ready New England is to do
its share to carry Oh the work. The
sense that both duty and interest re-
quire of every citizen the greatest
effort to make certain the success of.
the Loan has spread throughout the
community. The fact which will be
presented, and must be pressed in, in
the effort to secure the $9,000,000,0 900
of the Second Loan is that it's failure
would be a national calamity. 1t
would not only check the war for
liberty, and deal blow to the Nation
and the national credit, but it would
affect every individual in the Nation.
The success of the Loan will mean
that the Nation is united and firmly
resolved to win the war, and to sue
coed the Second Loan should be
greater in volume and in number of
subscriptions than the First more
than half of the First Loan (57%o) be-
ing from persons who subscribed to
bonds of $4,000 or less. The bonds
offer in themselves a direct appeal to
such buyers.
AS an investment yielding 40
without taxes, the bond is the most
valuable and safest security on earth
Were 1t not for this emergency of war;
mo such investment could possibly be
offered to buyers. The fact that the
bonds are not subject to the normal
Income Tax, and not taxable for
State or local purposes, adds material
ly to their value.
AS these bonds are issued by the
Government to provide money to carry
on the war, the success of the Loan
must have direct tendency to cut
short the war. The money that will
be loaned by the people at 40 to our
Government will enable the United
States and her Allies to press the
battle against Germany with greater
| effectiveness.
1t will also be convincing demon
stration to Germany that we are de-
| termined to fight to the end, to the
last man, and the last dollar, to make
the world safe for Democracy. Such
a showing must convince Germany
that while she is growing weaker in
resources, the Allies are steadily
| gaining through the enormous strength
thrown on their side by the United
| States.
Every Liberty Bond bought helps
| to shorten the time of service re-
| quired of our soldiers, and brings
nearer the day on which they will
come back from the battlefields of
! Europe. Only few million Ameri.
cans in all will ever take active part
in the fighting, but those who cannot
| carry rifle, or man gun, drive a
motor ambulance, or go aloft in an
airplane, must provide funds which
shall furnish food, clothing and weap-
ons for those in the field. This is a
sacred duty, and duty to be done in
a most patriotic spirit, and in gener-
GUS rivalry with one another.
The Loan is barely week old, and
as the subscription period ends Octo-
Der 9th, he who acts promptly at
this time does even more than his
share by rousing others to join in the
contribution.
New England is out to raise $780,
100000 as her share to prove that her
people are not more tender Of their
dollars than with the lives of her sons.
The financial requirements Of the
Government in carrying on the war
will call for systematic saving in or
der to buy bonds. Before July l.
the Government will require SIS, =
900, 900 900. 1t must be raised either
by selling bonds or by taxation. The
necessity for saving TO take these
bonds is easily seen. Nor should
any person be excused from the OBJ
legation. 1t is not to be a question
of choice but Of necessity. The
Government can draft money as well
as men If 1t has to, but II the people
purchase Liberty Bonds 1t will not
have to put taxes to the CONSUMPTION
|