The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1917-06-29
Patriotism Of the
American Press

Wllnam u. McAdoo, Secretary of tn
U. 3. Treasury, shows how completed,
satisfactory was the recent sale O
Liberty Loan Bonds cohsummate,
throughout the United States, and +,
what interests principal credit is due
for its great success:
The service rendered to the Govern.
ment of the United States in the sale
Of the Liberty Loan Bonds of 1917 BY
the press of the country is record ev.
ldence of the generous patriotism Of
the newspaper men of America. 1t is
recorded in the pages of thousands
OF American newspapers, many OF
them printed in foreign languages
from the largest daily to the smallest
country weekly. The newspapers of
the country "came across" with lib
eral donations of space in news, edi-
torial, and advertising columns.
Newspaper men have observed with
deep and peculiar pleasure the whole
hearted activity of the men of their
fraternity in the country in promoting
the sale of the Liberty Loan Bonds.
The influence and assistance of all
publications in making the loan a
success are simply incalculable. Their
efforts greatly contributed to making
it double success in that it was not
only largely subscribed but the Lib
erty Bonds were placed in every COM
munity in the United States, in cities
and in remote country districts, in
mining towns and manufacturing cen
ters, among farmers and country
merchants as well as city bankers and
large commercial and manufacturing
houses.
1t was a great educational cam
paign. Readers of their county pa
pers in their country homes, and new
American citizens from papers print
ed in their own language, and others
Just learning our language, who in
the evening spelled out the news in
the great daily papers, were inform
ed of the purposes and objects of the
Liberty Loan and instructed in the
nature, value, and terms of Govern
ment Bonds, especially the Liberty
Loan Bonds of 1917. The whole ma
ton has made long stride forward
in financial education through the
Liberty Loan Campaign of 1917 as
through the press of the
The country press which without
gave literally of it's
limited space is equally deserving of
praise with the larger papers. In
there respective spheres all classes of |
publications in the country covered |
their field thoroughly, and. well. y. The
press of America can look back on
he work it performed for the Liberty
Loan as a great public service, ably,
thoroughly, and unselishly performed.
In addition to the main result, that
# selling the two billion dollar issue
md the equally important result of
,laclng the bonds in every section of
he country and among all classes of
the campaign for the sale
t the Liberty Loan Bonds has had
'reat educational value.
The people of the United States are
much better informed now of their
governments finances and methods of
nance than ever before. Hundreds
+ thousands of people whose idea of
government bonds was vague and in
efinite are now not only possessors
Liberty Loan Bonds, but know what
Government bond is and the peculiar
'orth and value of such securities.
They have been informed of what
ther governments have done in the
1ay of bond issues, of the wealth of
MS country compared with the ma :
onal debt, and the wealth of other
ations as compared with their ma !
onal debts. !
The campaign has opened and de-
eloped a vast market for future bond =
sues OF the United States and has :
oened up to the American people
nd made them acquainted with a
eld of investment they knew little of
efore. 1t has given them invest :
ents for their savings the equal of
hich they never had before.
The newspapers and the banks of 7
le country were great instructors in y
lis campaign. Scarcely citizen of .
~ town and scarcely a newspaper r
,aler of any sort in the United d
-ates but has had the opportunity ?
rust upon him during the campaign y
informing himself regarding the !,
Iberty Loan Bonds of 1917 in par q q
~dletA SiAC OAllGu OthLCS government -
'nds in general, and the nature and Z
rms of such securities, and the re- II
urces and means back of them. y
1t is believed that this will work y
ell for the greatness of the Nation =
ID will result in a greater community I.
interest among the American peo- II u
e at large. A new and great source 70
individual interest in the Govern y
ent has been created all over the y
untry. The Government is closer to
e people and the people have an ad- 6
Lional common interest with eachl
her and with the Nation as result
the Liberty Loan Bond sale.
The American people have made
eir second answer to their country's
Il. The first answer was made on
ne 5, when 10,000,000 American cit4 ST
ms between the ages of 81 and 30l lo
ars registered themselves for ma re
nal service. This answer, though da
luired by law, was made with a ro
rit and Willingness that robbed the id,
yistration Of any taint Of compul- an
p or senyitpde3 lTssj 1sILltsl tn
The second answer from the people da
G ,.ouia n :. - T,,,,ts TX ..I -,