Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1917-10-03
THE LIBERTY LOAN.
(By w. G.. McAdoo, Secretary of the
Treasury.

soldiers who have been called to the
field, maintaining our Navy and oul
valiant tars upon the high seas; pro
viding the necessary meaps to pay the
wages of our soldiers and sailors, and
if the bill now pending in the Con-
gress 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 communication with our brave
troops in France, and to keep our COM
merce afloat upon the high seas in de-
tiance of the German kaiser and his
submarines; 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
purposes, the Congress of the United
States has authorized the Secretary OF
the Treasury to sell to the American
people bonds of the United States bear
ing four per cent interest, with valu-
able tax exemptions, and convertible
under certain conditions into other
issues 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 Ameri-
can people a new issue of $3,0OO,OOO,-
900 of bonds to be known as the Sec
ond Liberty Loan. They will be is
sued in such denominations and upon
such terms that every patriotic citi-
zen will have an opportunity to as
sist the Government by lending his
money upon the security of United
States Government bond.
1t is essential to the success of the
war and to the support of our gallant
troops that these loans shall not only
be subscribed, but oy err subscribed. No
one is asked to donate or give his mon
ey to the Government; but everyone
is asked to lend his money to the Gov
eminent. 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; it is as good as currency and
yet better, because the Government
bond bears interest and currency does
not. No other investment compares
with it for safety, ready convertibility
into cash, and unquestioned availibil-
ity as collateral security for loans in
any bank in the United States.
People by thousands ask the Treas
ury 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 &C
tually 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 the fight and capable of winning a
swift victory over our enemies.
We fight, first of all, for Americas
vital rights, the right to the unmolest-
ed and unobstructed use of the high
seas, so that the surplus products Of
our farms, our mines and our factor
les may be carried into the harbors of
every friendly nation in the world. Our
welfare and prosperity as people de-
pend upon our right of peaceful in
tercourse with all the nations of the
earth. To abandon these rights by
withdrawing our ships and commerce
from the seas upon the order of a
military .despot in Europe would de-
stroy prosperity and bring disaster and
humiliation upon the American peo-
pie
We fight to protect 'our citizens
against assassination and murder up
on the high seas while i'm the peaceful
exercise of those rights demanded by
international law and every instinct
and dictate of humanity
We fight to preserve our democrat
ic institutions and our sovereignty as
a nation against the menace of pow
erful 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
lions equally with the most powerful
to live and to govern themselves &C
cording to the will of their own peo-
pie.
We fight for peace, for that just and
lasting peace which agonized and tor
tured humanity Graves and which not
the sword nor the bayonet of mill
tary despot but the supremacy Of vim
dictated right alone can restore to
distracted world.
To secure these ends appeal to ev-
cry man and woman who resides upon
the soil of free America and enjoys