New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1917-07-20
BOND A PROTECTION
OF Home and SONS
Guards Country and Also Men
Fighting for It

w IISA1I1AAS SuDoCIlpC1OIS 70 the Lid
erty Loan have given a new endorse
ment of the high principle for which
America entered the war'-Wood-
row Wilson, President of the United
States.
The call for duty is here and the
| supreme duty of the hour faces every
American citizen man and woman
alike. We cannot falter or hesitate.
There Is only one thing to do and that
,, is to mobilize, to organize, the might
of this nation. We must bring this
horrible carnage in Europe to an end
for humanity's sake.
The first thing we must do is to
raise the money to equip our armies
to put them in the ld."-william G.
| McAdoo, Secretary of the Treasury.
Resident Foreigners Buy Bonds.
1t was not American citizens alone
who subscribed to Liberty Loan
Bonds. A great number of citizens Of
other nations living here, who have
never taken out naturalization papers,
subscribed literally to the bonds. The
International Nickle Company at it's
Bayonne plant has nearly two thou
sand foreigners in it's employ, and
those foreigners purchased more than
one hundred and fifty thousand dol
lars of Liberty Loan Bonds.
1t has been noted. too, that Ameri-
can cities with large populations OF
foreign birth, were notably liberal in
their subscriptions to the Liberty
Loan.
Now that our soldiers are actually
| in France and our people familiar
as never before with the details of
Government bond issues, the next Is
IF Tihortxy will
ceive undoubtedly an even more en-
thusiastic support than it's predeces-
SOr.
Money Not Tied Up.
Money invested in Liberty Loan
! Bonds is in no way in the world tied
| up" So far as the Government is con-
| cerned the money paid In for these
! bonds, including that loaned our al
| lies, is being and is to be spent in this
! country and therefore Immediately
| paid back to the people for labor, and
products Of the United States. So far
! from being tiled up this money is in
effect never withdrawn from ,circula-
| ton.
So far as the investor in the Liberty
| Loan Bonds is concerned his money is
| not tide up since there is always a
! ready market for United States Gov
! eminent Bonds. Everybody knows
this AS shown by the subscription
the demand for Liberty Loan Bonds
exceeded the supply SO per cent. This
creates an Immediate market for the
Liberty Loan Bonds. Another issue
| will be offered to the people, the ar
| nouncement of which will be made by
Secretary of the Treasury McAdoo In
| due course. The oversubscription Of
| trSti indication Of
which may be expected for the Sec
ond issue which it is hoped will meet
| with a larger number of subscribers
| and great sum subscribed.
Thrift in Bond Buying.
| In an address before the New York
State Bankers Association it was
| stated that England's first war loan
of one billion and three-quarters was
| subscribed to by one hundred thou
sand subscribers. To her last great
Victory Loan of five billion dollars In
| 1917 there were eight million SUBJ
| scribers. What, it was asked was It
| that caused this tremendous increase
| in national interest, this wonderful
financial support from every part OF
the nation in the prosecution of the
| war? 1t was thrift, the habit of saw
| ing and investing; habit formed by
a whole people working with one
! definite end in view.
Americas first war loan was much
| larger than England's first loan and
was subscribed to by a great many
! more people Americas next issue Of
Liberty Loan Bonds, which later will
! be offered for sale, it is believed will
be subscribed for by greater number
| than subscribed to Englands last
loan Thrift and American patriotism
| will accomplish this result-thrift be-
! cause the people have been awaken
ed to it's necessity and patriotism be-
cause it has been aroused in a high
er measure by the fact that our SOL
diers will be fighting on the battle
front in Europe.
Protecting Our, Soldiers.
One of the great uses of the pro-
| ceeds of the sale of Liberty Loan
| Bonds is the protecting of our soldiers
in France-protecting them by arm
ing and equipping them with every
means Of offense and defense and sup
plying them with proper food and
medical attention and everything
needed to make them powerful and
effective
This idea of protection of our SOL
! diers has been further enlarged as
Secretary McAdoo now proposes life
and disability insurance for the men
| who go to the front, and adequate
! provision for the support and protec-
ton of their families. A conference
was held in Washington lately with
| representative insurance men of the
country and 1t seems that this insuring
, will have to be done by the Govern
ment and will not be done by private
J insurance organizations. Here is an
other wise and just use Of Government
funds that will meet with the APPROX
al of the nation.