The Nevada County picayune., 1918-09-05
AMERICAN VICTORIES ON WEST FRONT AROUSE ENTAUSIAsM
 THROUGHOUT ENTIRE US
BUYING BONDS SA0RTENS WAR
Every Dollar invested is Backed Up by Entire Resources of Gov ernnsent That Never Re-
 pudisted Debt

No man or woman gives" anything by participation in Liberty Loan. The word give has nothing to do with buying a government bond.
 When the Fourth Liberty Loan Cam paign opens. Sept. 2S. when the Ameri- Can people begin to put down their names and lay down their dollars, they will be getting the best security in the world for every dollar invested.
 People have discovered in the three former loans that they are lending money to the government. to their own government, and ase not giving it.
 Secretary McAdoo has definitely an bounced that the Fourth Liberty Loan Will bear interest Il the rate of 4A per cent Men who deal in financial matters know that this is a good rate Of interest when the value and strength of the security are taken into | consideration. Wise lenders always look to the strength of the security first. and then to the amount of re turns the investment will pay. Back of every government bond stands the whole resources of the na- ton. All the coal in the ground backs your s10O or your $500 bond All the wheat that will grow on the fields of America for a generation ts back of the paper the government gives you with Fourth Liberty Loan" across it's face. The very soil on which that wheat grows is security for the bond. The whole property of the United States and it's people 80 long AS the government endures Is pledged to the buyer that the bond and It's interest will be paid exactly as stipulated.
 The United States has never repudi- ated a dollar of It's debts. It started r ght when 1t became nation. After the Revolution there were a good :tany Americans who thought that the | debts of hat war should be denied and | forgotten. so that the new nation might have ( start free from debt But the wiser men who framed the | government saw into the future. They knew that honesty ls the best policy" for governments as well as men. So they assumed the load of Revolution sry debt and paid it off,
 People may give money to certain var work and WAT funds, but they are not giving one single dollar so far as the Liberty Loan is concerned They are loaning money to their govern ment which IS themselves and they are supporting t with their dollars just as they do with their ballots and their bayonets And unless that gov ernment Is supported by their dollars 1t will perish from the earth. in spite of all that ran De done with ballots and bayonets
 Modern war requires money in great CT sums than wer- e9er known before in the earth history When the Ua.t- ed States declared Naf again5t Spain Congress vo-4 t ,.#du 0f S5oa90. DOC tC back taa' NAT aecIrltion Ina sum Niil nos pas=tna present War=ex penses toy more thaa a da} But every .allar that ls spent in beating the kaiser makes he security that is back ot every Liberty Loan just that much greater.
 The necessity of backing up the government Is teaching every Ameri- can to save money He sees better 1hat money can buy now-he usder- stands It's value better. since he under stands that his money IS behind the rifles that are driving back the Hun on the west front He thinks more of dollar when he realizes that it is dol lars that keep he big bAttleships on the seas and that 1t Is these same bat tleshlps that keep the Hun from cross ing the sea and carrying the war into 1 America
 No man who buys a Liberty Bond | with his savings will feel like tax dodger Liberty Bonds are exempt ! from taxation. Taxes cannot touch il 50 long as II Is loaned to the United States government
 There is no one in the country too poor to buy a Liberty Bond Thou sands of people in cities and country ale buying on the installment plan. paying so much month or so much st stated intervals. In the cities tre- mendous amount of every loan is taken by people who are paid weekly oi semimonthly.
 The American people are learning to try bonds as investments as well as patriotic duty
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