Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1917-10-11
lBY G Fl. SCHIFF.)-

For the second time the people OF the
United States are being invited to invest
money in the obligations of the nation "a
as whole. For the second time since the
acts of n foreign government have forced
our country To take up arms in defense
of the most elementary rights of safety in
legitimate international. pursuits, to the
willful curtailment of which no nation
which wishes to retained the unalienable
minimum of self respect, has ever sub
United. Of all the nations now engaged
in this war no one can be said To have
more truly submitted to the self imposed
restraint of moral forbearance and demo
%craiic assertion of the peoples voice than
ours. The state of wal is recognized and
proclaimed with practical unanimiy by
the action of the elected representatives
OF our people. BY giving liberal financial
support 10 the administration We do, In
fact, no more than enable il 10 carry out
the mandate which wc. the people, have
ourselves placed in IL hands.
SO clean j. the record oi our govern
ment in all it, actions IN connection with
the cri,i, that led 10 our entry into the
struggle that even the high waves Of pas
sions which are quite naturally ruling IN
every country could not stiile the voice
Of the not unimportation fraction which
ha, been and still j, defendin. the exalt-
ed motives behind the actions III our prcsi-
dent.
EUROPEAN COUNTRIES LOYAL.
l. N - -. - x..- -, L.-a-n
have the people come forward in enthn-
siaSiic and unconditional financial sup
port OF their governments. The conditions
under which such aid was forthcoming
have often been extremely dramatic and
frequently could financial assistance he
granted only ut the price of great saerI-
iice>. No such sacrifices are asked Of our
people. Apart from the slight and in fact
highly desirable shifting al activity from
certain industries 10 others which are more
loosely connected with the economic pools
IF The war, no general disturbance OF the
earning capacity Of our people has oc-
cured or j. likely Ia occur. while the war
lasts.
Wages are running high. Industries are
al top notch speed and are. in fact. ex-
horted 10 do more ii possible. While
prices are gradually being fixed. this j.
done in the spirit II the president ap-
peal Of July IL. which called for fairness
10 both producers and consumers. For The
people of a nation in such condition Ia
place the means az the disposal Of it, gov
eminent does not signify sacrifices, but
only patriotic cooperation Tor the defense
Of it, moral standards against outside
enemies and for the preservation Of it,
own material prosperity.
No funds for the carrying on at the war
| ~honld properly rome from other sources
than the peoples own income. III the form
either 1T taxes or loans. Taxation heavily
graduated a. against the higher Incomes
is being provided Tor by Legislative action.
Loans. however expertly schemed, are
dependent upon the spirit Of voluntary
| discipline Of the nation. Viewed in this
light. il becomes exceedingly clear how
great Il repercusSion of the peoples ai,i-
tude toward the loan as presentin" the
degree in which IL asserts IL patriotic
feelings. must have on the determination
of our gallant troop vhH will have 10
make the real sacrifice.
EQUITABLE INTEREST PAID.
Investing money al four per cent in the
Obligations of ones awn government u
certainly no self abnesation. And where
il becomes an economic duty the adyan-
tasc, are >rill ~ on the side ~ those.
taken ~ \ body. vino perform such duty.
What the country needs 70 carry on the