The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-06-15
LIBERTY LOAN BONDS
ARE VERY POPULAR
Subscriptions Through the Local
Bank Fully Up To Expectations

Subscriptions to the first Liberty |
Loan Bond issue of So ,OOO,C OOOOOO close
to night and it is without doubt that !
the entire issue will be far and away
overSubScribed, In nearly all of the
districts the allotment was nearly
taken up by Tuesday of this week.
There have been large and crafty.
ing lumber of subscriptions from the
patriotic people of Welsh. The sub.
ScriptionS here mostly range from the
$50 to the $500 denominations, and many
of them were taken by the women and
children of the community. and men OF
moderate means. The most liberal
policy of the CalCaSieu National Bank
in purchasing the bonds for their Gus
toners has made it possible for many
to buy bonds who otherwise could not
have done so.
The local branch of the Calcasieu
National Bank reports the placing of
12S bonds amounting to $S,O5O. One
bond of the $500 denomination was
subscribed for, the balance being of
the $50 and S10O denominations.
JohnMOody, president of the MoOdy'S
Investors Service and one of the best
known writer's on financial topics, has
written the Atlanta branch OF the
Federal Reserve Bank a statement in
which he shows by accurate figures
that nothing could be more secure
than the Liberty Loan Bonds.
THE Liberty Loan Bond" he says,
has back of it the wealth of the
United States today as well as the
future wealth producing power of the
Nation. The total wealth of the Nat
ion today is COnSerVatiVely estimated at
S24O.000, 100000 which is more than the
estimated wealth of the United King
dom, France, Russia and Italy com.
bined. But ii has more than this be-
hind it. 1t has the annual wealth pro.
duCing power of the American people
back of it. This annual income of the
American Nation is now estimated at
$50. 0O0, 000, 100000, not less than seventy
six times the amount OF the Liberty
Loan. And even this does not tell the
story. During the past thirty years
the wealth of the Uuited States has in
creased from approximately $50, ZOO. OOO,'
900 90 to the present remarkable total
of $24O, 900, 10000, while the annual in
come of the American people has in
creased from less than $4,000 900, 900 OF
to the present igure OF $3S, 200, OOO, OO0,-
co."
From these facts MIR. Moody con-
CludeS that the Liberty Loan Bonds
will sell at substantial premium anC
that they are the best investment ii
the world today.
LikeneSSeS of presidents from Wash
ington to Mckinley will grace the new
Liberty bonds which will be engraved
in blue, green, orange, red, brown
and carmine, according to denominat
ion. The bonds have been completed
and the Bureau OF Engraving ant
Printing is working day and night
turning them off the presses by thu
thousands. Portraits and cOlorS o
the bonds will be as follows; so, JEFF
: ferSon, blue; $500, Jackson, blue; $500
. Washington, orange;i$lOOO, Lincoln, car
, mine; $4,000, Monroe. green; $4,000
Cleveland, blue; $4,000, Mckinley, car
mine; 100000, Grant, orange.
The title of the issue, Liberty LOAF
, of 1911" will appear on the upper boz
der of each bond and the denomination
, in the four corners and on the lowe
, border. The face will be printed i
a black with an oVerprintiDg OF the de
, nomina ton, number. seal and dates i
the color selected for the demominat
ton. On the right side of each bon
there will appear the vignette OF Bar
4 tholdi's Statue of Liberty in New Yor
harbor; on the left side the portrait
one of the presidents.
/ The bonds will be thirteen inche
long and six inches wide, the establish
ed size of previous issues OF bonds, ar
will be printed on distinctive pape
with silk fiber,
l Coupons bonds will have ornaments
engraving on the back and regiStert
bonds will carry a blank for assign
ment. Three sheets of interest col
pons, sixty coupons in all, will be a
tached to the coupon bonds, II
backs will vary in color with eat
denomination, as follows: $50, brow
slOO, orange: $500, light blue; slOC
green; $4,000, red; $4,000 brown; $4,000
olive, and 100000, dark blue.
Engraving on the back of coupe
bonds will show on the right the VII
nette of the Goddess of Freedom, fro
| Crawford's figure on the dome OF d
United States capitol, and on the le
an ornamental panel with an eagle
the center.
n aau