New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1917-06-08
the history of the world. 1t was
taken up in 80 days, 5,289,0O0 indi-
viduals subscribing to the loan. One

the history of the world. 1t wa
taken up in 80 days, 5,2890O0 indi
vidua!s subscribing to the loan On
person in every II inhabitants o
the United Kingdom subscribed t.
this loan, anc the average subscrip
ton was $3.50, though a great man,
Subscribers took only lb. or abou
$5. The great number of subscrib
ers to this loan is pointed out a,
evidence of the patriotism of tn,
British people.
iGermany's wealth is estimated a.
$50, ,OOOOOO0O0 Germany has put ou
five loans since the commencement
of the war, aggr egating $ll,750,OO0,,
600. In Germany's latest loan per.
son in IS of the population is re-
ported to have subscribed, and the
average amount taken by each sub.
scriber was 500.
Taking into consideration these
| figures, the $5,00OOOO0O0 loan of the
United States with an estimated
wealth of $22OyOOO,0OO,0O0 and a popu-
lation of over l0O,0OO.0O0 seems al
most small. With a wealth nearly
three times as great as that Of Great
Britain it is trying to borrow less
than one-half of what Great Britain
has borrowed. With population
one and one-half times as large as
that of Germany our loan is much
less than half of the amount that
Germany has borrowed.
Americas Liberty Loan is less
than one-sixth of the bank deposits
in our country. An ordinary bor-
rover does not think he is running
himself when he borrows 40 per cent
Of the value of his property The
United States is borrowing less than
3 per cent of its wealth.
Thrift and Liberty Loan Bonds.
There is great campaign for
thrift being conducted all over the
United States-thrift in production
by the farmer and other producers,
thrift in economy in use and con-
sumption by all persons, and thrift
in saving. This thrift campaign is
nationwide. Not only have busi-
ness, manufacturing, agricultural,
and other associations and indivi-
duals taken up this campaign, but it
has been carried into universities,
and schools.
In connection with the last as
pect of this thrift campaign, that of
saving, the Liberty Loan Bonds of
1917 offer an ideal investment of
savings for small investors. No
other small investment, or large one
either for that matter, has quite the
that the Liberty Loan
Bond has. Savings invested in a
Liberty Loan Bond are just as safe
as it is possible to make them and
will constantly draw interest. While
the interest is only l-2 pc cent,
the bonds being nontaxable makes
the investment the equivalent of a S
Or 6 per cent interest-drawing in
vestment in ordinary securities.
Not only is the investment abso-
utely safe but it is practically as
readily converted into money as a
United States Treasury note. To
dispose of one of these Liberty Loan
Bonds may require the owner to 60
% a bank instead Of passing it over
my counter. Yet this is an ad-
'antage. The trouble and time re-
luired to convert the bond into cash )
will give the owner time for thought
md reconsideration, and it is not .
that in many instances
he result will be that the savings
invested in a Liberty Loan Bond
will be preserved intact where saw
ngs in money would be spent, in .
'art If not in whole.
There is one other incident to be =
in regard to the purchase
# a Liberty Loan Bond. The in
'estment has a nature which should
ppeal to every American citizen. =,
t is backing our Government, help
ng the winning of a victory for
in war. This has no mo-
icy value, but it has a value not to
e measured in dollars and cents.
The patriotic nature of an invest
nent in the Liberty Loan Bonds of
ol7 is something that all Americans
,ill consider. The fact that in pur-
hasing such bon: the investor is
ending his money to his Govern
lent-to his country-to prosecute
great war, gives the investment a
ignity that the ordinary invest
tent does not possess. The uses to
'hich the money is to be put, the
oble purposes to which it is to be
eyoted, all are things which appeal
lore or less to the American heart.
But let no one be led by these
to look on buying a
liberty Loan Bond as a piece of be-
evidence or merely q contribution
, a worthy cause. The Liberty
oan Bond is as good an investment $
S an American citizen can well
lake. The rate of interest il bears I
lay seem small, but when its abb |,
olute safety is considered and the 4
lct that il is nontaxable, and the ,
,rther fact that il is to be immune =
'om any taxes which later on may I
E levied by reason Of this war, and $
i'll another fact that in case the I
nited States Government should
ter during this war have to bor- !
~ more money and pay q higher
tie of interest, that the holders Of
lese bonds can secure bonds tvar-
g that higher rate-when all these
lings are considered, an invest.
ent in Liberty Loan Bonds pos J
.sses advantages that no other in Z
.stment in the world POSSESSES. a
There is another point which wise d
ID thouehtful people will give due !
to and that is an in-
In Liberty Loan Bonds 10 I
, investment in the defense and '
of all their Other pro. n