The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1917-06-11
SLOGAN SUGGESTED TO ROUSE
INTEREST IN THE BUYING OF
LIBERTY BONDS.
STRENUOUS CAMPAIGN IS ON
Every American Will BE Shown IL 10
His Patriotic Duty to Own at Least
One OF These United States &c.
curities.
Nv EDWARD 3. CLARK.

have been looking for slogan to rouse
interest in the buying Of Liberty Loan
bonds and also to impress on Ameri-
cans that they should do whatever they
can to help their country.
'Do your bit" is an English express
| sion, but it has been used to great ex-
tent in this country. FL. P. Stevenson
of River Forest, ILL.,, has suggested
Hold up your end" as a good Ameri-
can expression and one with suffi-
cient amount Of pepper In it.
BY whatever slogan or by whatever
other means the government directs at
tention to the Liberty loan, it may be
said that the campaign in behalf of
this bond issue of the country is one of
the most strenuous ever engaged In by
the official representatives of the peo-
pie.
Washington holds that It is the pa
triotic duty of every man who Is able
to do so to buy Liberty bond. They
are issued in various denominations,
beginning with bonds as low as $50,
and the means of their purchase Is
made easy. The government hopes
that this bond issue will be Oversub-
scribed and in fact it seems to- officials,
that if it Is not oversubscribed, the i'm
preston may be Created that the coun-
try is not alive either to the advantages
or to the necessities in the case.
Funds Should Come From All.
The government holds that the funds
| to prosecute the war should come from
men and women of the nation at large
and not from certain classes. The Of
ficials ask that all the newspapers OF
1.-THE country from the smallest to the
greatest shall work together in cam
paign giving the common cause 1.-THE
impetus and force of nationwide con-
certed action and correlated effort"
Robert w. Woolley, at one time d.
rector of the mint and newspaper
man of years. standing, is the director
Of the publicity bureau of the Liberty
Loan of 1917. It is the belief of Mr..
Woolley and of all the officials of the
treasury that the advantages of the
loan need only to be made clear to the
people to secure prompt response In
the form of purchase.
"What are the terms of the Liberty
loan bonds?" asks Mr.. Woolley, and
then he gives this answer:
Liberty Loan bonds of the first is
sue Of $2,OOO,OO0,OOO are to bear date
of June IS, 1917, and to run for 80
years except that the government re-
serves the right to buy them five years
after date. If this right is not exer-
cised by the government Is years from
date, the bonds will run the full 80
years.
"These bonds bear interest ah31A per
cent per annum and the interest Is
payable semiannually on the fifteenth
day of December and Of June in each
year"
They Are NontaxabIe.
These Liberty bonds are nontaxable.
If city, county or state tax on mans
property amounts to three cents on
the dollar, which is said not to be an
unusual tax, the bonds are said to be
equivalent to ordinary corporate bonds
or other investments bearing 6h per
cent. The reason for this is that no
federal tax which war conditions later
may make necessary will affect the
bonds. The only tax to which they are
subject is an Inheritance tax, which ap-
plies to all property of all kinds what
soever.
"Of the billions loaned to our allies,'
an official statement declares, "none Of
it is going out Of the United States to
be expended. Every cent of 1t is to be
used in this country for the purchase
Of things needed for their armies and
navies. Much Of the money which is
to be loaned to the allies will be spent
for cotton for clothing, and for explo-
sives, and much of it will be used in
the purchase of wool for clothing and
later for Shoes"
So it will be seen that by far the
greater portion of the billions which
we raise by bond sales and loans to
our principal allies will be used for
clothing and food products. "Great
Britain and France to a greater extent
by far than ever before are to be the
customers of the farmers of America
AS has been said, the United States
government looks upon the purchase Of
Liberty bonds as a patriotic duty.
Blank forms for applications for the
purchase Of these bonds can be OBJ
tanned from the treasury department,
and federal reserve bank, any national,
state or private bank, any express Of
fee, and any post Office in the United
States.
The president Of the United States,
and with him other high officials of
government, has said that every Ameri-
can who subscribes to the belief that
Americans should stand by their coun-
try should subscribe to the Liberty
loan bond issue.
"Do your bit"
"Hold up your end"
Not an Economist.
A