El Paso herald. (El Paso, Tex.) 1901-1931, 1917-05-28
CONGRESS SLOW,
NATION ANGERED
DR.. Hills Assails Politi-
clans for Failure to Be
Prepared for War.

burden but al the same time he is laying
aside capital which will bring him a Ger
tain and regular semi-annual return IN IN
terest and he is providing the government
with money without putting a strain upon
any part Of the business structure ana
finally. he is converting part OF his cur
rent income from more or less unneces-
sary. and perhaps wasteful expenditure 10
the most useful national service. namely.
expenditures directly for war purposes
when the citizen becomes creditor OF
the government he becomes a saver. cap
fralist- The government is doing every
thing possible 10 make bond buying easy
for the citizen however humble me
bonds may be bought in amounts as low as
$50. and vet. OF course, in safety and the
rate OF interest and in every other desira-
BILE investment quality. the $50 bond IS tne
same as the $1,000 bond. or the 100000
bond The government also permits the
bonds to be bought on the instalment
Employers Enabling Employees.
The banks and many business organ
izations are not only generously subscrlo-
ing. but they are doing everything pos
sible to assist the individual to lenu
money to the government Many VIII
gladly make arrangements so that the
citizen of smallest means. or the child.
may pay 81 down and 81 a week until a
$50 bond is paid for. so that hardly any
American citizen, however modest his CIR
cumstances. can say, / cannot aIIatd 70
buy a Liberty bond But II every second
man. woman OF tnAlQ IN the AAAlEA oteA~--
applied for a $50 bond. this $4,000. 100000
loan would not be so much oversubscribed-
So IL is the duty OF every citizen to apply
for as much as he can reasonably pay for
out OF savings. with the aid Of his en-
plOyer or Of his bank II this IS not freely
done We are face TO face with disaster
But It viii be done. because the Ameri-
can people have set out to do it.
Duty to the Country.
ITO buy the Liberty bonds IS not only
s7rrsr- 70 in this crisis but
1t IS the highest wisdom To buy the
bonds Is simply TO lend the government
the purchase money for 80 years at three
and one-half percent. although the gov
eminent has the right TO pay it back IN Is
yeas To buy the bonds IS to become p
creditor OF the government and to receive
interest each June Is and December 10
from the government either IN the FORM
of a check II registered bonds are bought.
or in the form OF money II coupon bonds
are bought, and the coupons cut semi
annually ard cashed like check at any
bank To lend money TO the government
now is not only duty but wise invest
Americas Best Investment.
There is no other investment in the
world that amply satisfies these re-
ouirements as the Liberty loan because.
first. it is safe for Il is the obligation OF
the richest country in the wOrld-richer
in resources than all its allies in this war
combined: second. il yields three and one
half percent income. which cannot be re-
duced by the national. state or local gov
ernments. directly. or indirectly through
the process OF taxation Moreover, II, dur
ing the war. the United States should
issue bonds with a higher interest rate.
as il seems almost certain TO do. the gov
eminent has promised 20 raise the interest
rate on this loan correspondingly- Third
as to the future market for the bonds. II
will be by far the largest issue ever dealt
in. in this country, and since Il VIII
therefore be not only our best bond. but
our best known bond. there viii always be
a buyer for every seller. and with the
broad and steady market that this i'm
plies. the banks will lend more readily
on this investment than on any other
Fourth as to the interest value. Il Is the
experience Of the world that bonds OF
solvent nations, bought in war times. gen
orally increase in value from Is to 100
percent within a few years after peace
II as suggested. the interest rate on the
bond is increased. that fact itself causes
very substantial Increase in the value OF
the bond.
Since the government has made it pos
sfble for every one to lend his money. and
since that loan is the best in the world,
every loyal citizen should respond TO the
call now-promptly and freely-that We
may demonstrate to the world that hav-
ing put our hand to the pillow. we shall
not turn back We shall pillow and We shall
harrow and We shall sow or gold freely.
TO reap in good time the rich harvest OF
q n enduring peace. not only for ourselves,
hut for the entire brotherhood OF nations"