The Barre daily times. (Barre, Vt.) 1897-1959, 1917-10-01
LIBERTY LOAN
TO WIN WAR
Sec. McAdoo Tells Purposes
Back of the New
Issue
TO MAINTAIN
ARMY AND NAVY
To Construct Great Fleets
of Merchant Vessels and
Aeroplanes

| Washington, ID. e., Oct. 1.-Secretar.
of the Treasury McAdoo to-day issued I
statement explaining the new issue o.
United States Liberty bonds and calling
to the attention of the general public
the necessity for over subscribing to the
loan. He states that the purpose OF the
loan is for:
|. "Equipping with arms, clothing
and food our gallant soldiers who have
been called to the field;
2 Maintaining our navy and our
valiant tars upon the high seas;
3. providing the necessary means 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;
4. Constructing a great fleet OF mer-
chant vessels TO maintain the line OF
communication with our brave troops in
France and to keep our commerce afioat
upon the high seas in defiance of the
German kaiser and his submarines
5. Creating great fleet of aero
planes, which will give complete suprem-
acy 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 treas
ury to sell to the American people bonds
of the United States bearing 4 per cent
interest, with valuable 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 American
people new issue of $4,000, 100000 of
bonds to be known as the second Liberty
loan They will be issued in such de-
nominations and upon such terms that
every patriotic citizen will have an OPP
portunity to assist 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
but oversubscribed. No one
is asked to donate or give his money to
the government; but everyone is asked
to lend his money to the government. |
The loans will be repaid in full with in
terest at the rate of per cent per an
mum. 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 cur
rency does not No other investment |
compares with it for safety, ready con.
yertibility into cash, and unquestioned |
availability as collateral security for
oans in any bank in the United States.
People by thousands ask the treasury
how they can help the gov
in this war. Through the pur-
'hase of Liberty bonds everyone can help.
No more patriotic duty can be performed
~ those who cannot actually fight upon
he field of battle than to furnish the
government with the necessary money
o enable il to give our brave soldiers
md sailors all that they require to make
hem strong for the fight and capable of
Winning a swift victory over our enemies.
I'VE fight, first of all, for Americas
'ital rights, the right to the unmolested
nd unobstructed use of the high seas,
o that the surplus products of our
arms, our mines and our factories may
'e carried into the harbors of every
friendly nation in the world. Our well
are and prosperity as a people depend :
pom our right of peaceful intercourse
With all the nations of the earth To
bandon these rights by withdrawing |
ur ships and commerce from the seas
pom the order of military despot in 5
Europe would destroy prosperity and |
ring disaster and humiliation upon the /
.merican people T
1--WE fight to protect our citizens q
gainst assassination and murder upon o
ne high seas while in the peaceful exer- !
Sc of those rights demanded by inter t
ational law and every instinct and die o
tie of humanity. Il
I'VE fight to preserve our democratic a
lstitutions and our sovereignty as a ma v
on against the menace of a pow srful $
nd ruthless military autocracy headed d
Y the German kaiser. whose ambition ID
to dominate the world o
I'VE fight also for the noble ideal of 81
niversal democracy and liberty, .he Il
ght of the smallest and weakest ma. "
ons equally with the most powerful to a
We and to govern themselves according a
the will of their own people. Il
eve fight for peace, for that Just and
sting peace which agonized and tor il