Charlevoix county herald. (East Jordan, Mich.) 189?-1953, 1917-10-05
The Liberty Loan
By W. G. McAdoo. Secretary
of the Treasury.

For the purpose of equipping with
arms, clothing and food our gallant
soldiers who have been called TO the
field;
Maintaining our Navy and our valiant
tars upon the high seas;
Providing the necessary means 10 pay
the wages OF our soldiers and sailors
and, it the bill now pending in the
Congress passes, the monthly
allowances for the support of their
dependent families and to supply
them with life insurance;
Constructing a great fleet of merchant
vessels to maintain the line OF com
munication with our brave troops in
France, and to keep our commerce
afIoat upon the high seas in defiance
of the German Kaiser and his sub
marines;
Creating. great fleet OF aeroplanes,
which will give complete supremacy
in the air to the United States and
the brave nations fighting with us
against the German military menace;
and for other necessary war pur-
poses,
The Congress of the United States
has authorized the Secretary OF the
Treasury TO sell to the American peo-
pie bonds of the United States bearing
four per cent interest, with valuable
tax exemptions, and convertible under
certain conditions into other issues of
OF United States bonds that may be
authorized by the Congress. The
official circular of the Treasury De-
partment gives full details.
There is now offered to the American
people new issue OF $4,000, 600, 900 OF
bonds to be known as the Second
Liberty Loan. They will be issued in
such determinations and upon such
terms that every patriotic citizen will
have an opportunity TO assist the
Government. by lending his money up
on the. security OF United States
Governihent Bond.
1t is essential to the success of the
war and to the support OF our gallant
troops that these loans shall mol only be
subscribed, but over-subscribed. No
one is asked to donate or give his
money to the Government; but every
one is asked 10 lend his money to the
Government. The loans will be repaid
in full with interest at the rate OF four
per cent per annum. A Government
bond is the safest investment in the
world; il is as good as currency and
yet better, because the Government
bond bears interest and currency does
not. No other investment compares
with il for safety, ready convertibility
into cash, and unquestioned availability
as collateral security for loans in any
Bank in the United States.
People by thousands ask the Trea-
sury constantly how they can help the
Government in this war. Through the
purchase of Liberty Bonds every one
can help. No more patriotic duty can
be performed by those who cannot
actually fight upon the field of battle
than to furnish the Government with
the necessary money to enable it to
give our brave soldiers and sailors all
that they require to make them strong
for ting fight and capable OF winning a
swift Victory over our enemies.
We fight, first of all, for Americas S
vital rights, the right to the unmolested
and unobstructed use of the high seas,
so that the surplus products of our
farms, our mines and our factories may
be carried into the harbors of every
friendly nation in the world. Our well
fare and prosperity as people depend
upon our right OF peaceful intercourse
with all the nations OF the earth. To
abandon these rights by withdrawing
our ships and commerce from the seas
upon the order of military despot in
Europe would destroy prosperity and
bring disaster and humiliation upon the
American people.
We fight to protect our citizens
against assassination and murder upon
the high seas while in the peaceful
exercise Of those rights demanded by
international law and every instinct
and dictate Of humanity.
Tsfight to preserve our democratic
institutions and our sovereignty as a
nation against the menace of a power
full and ruthless military autocracy
headed by the German Kaiser, whose
ambition is to dominate the world.
We fight also for the noble ideal OF
universal democracy and liberty, the
right OF the smallest and weakest ma
tions equally with the most powerful TO
live and to govern themselves accord
ing to the will OF their own people.
eight for peace, for that just and
lasting peace which agonized and tor
n a