Pine Bluff daily graphic., 1918-09-01
4TH LIBERTY LOAN
 CAMP PA|GN ID OPEN
 0N SEPTEMBER 28
AM ERICAM VICTORIES ON WEST FRONT AROUSE ENTHUSIASM
 THROUGHOUT ENTIRE u.s.
BUYING BONDS SSHORTENSW WAR
Every Dollar Invested Is Backed Up by Entire Resources of Gov ernment That Never Re.
 pudiated Debt.

No man or woman "gives" anything by participation in 6 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 are not giving it. Secretary McAdoo has definitely an- 1 bounced that the Fourth Liberty Loan will bear interest at the rate of AZ per cent. Men who deal in financial 1 matters know that this is good rate | of interest when the value and
 strength of the security are taken into l consideration. Wise lenders always
 look to the strength of the security
 first. and then to the amount of re l turns the investment will pay.
 Back of every government bond stands the whole resources of the na- tion. All the coal in the ground backs your $100 or your $500 bond All the
 wheat that will grow on the fields of America for generation is 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 its people so long as the government endures is pledged to the buyer that the bond and its interest
 will be paid exactly as stipulated. The United States has never repudi-
 ated dollar of its debts. It started right when 1t became a nation. After the Revolution there were good many Americans who thought that the l debts of that war should be denied and l forgotten, so that the new nation l might have start free from debt But the wiser men who framed the government saw into the future. They
 knew that honesty Is the best policy" for governments as we'll as men, So
 they assuped the load of Revolution
 ary debt and paid 1t off.
 People may give money to certain
 war work and war funds, but they are
 not giving one single dollar so far as the Liberty Loan Is concerned They l are loaning money to their govern
 ment, which is themselves. and they
 are supporting 1t 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, fin spite of all that can be done with ballots
 and bayonets.
 Modern war requires money in great er sums than were ever known before in the earth's history. When the Unit ed States declared war against Spain
 Congress voted credit of $60, 900 to back that war declaration. That
 sum will not pay, the present war sx-
 penses for more than day. But every dqllsr that is spent in heating the Naiasn maiessths security that is back
 of: sysFyySL 4tthserty Loan Just that much
 sreaFeFs siSy U, The necessity ! of backing up the
 government is teaching every Ameri- can to save money. He sees better
 what. money can buy now--he under
 fta4ds Its value better, since he under
 stands1 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 1t Is dol lars that keep the big hattleships on the seas and that 1t is these same bat
 tleships that keep the Hun from cross
 ing the sea and carrying the war into
 America.
 No man who buys Liberty Bond with his savings will feel like tax dodger. Liberty Bonds are exempt
 from taxation, Taxes cannot touch 1t 60 long as 1t is loaned to the United
 States government.
 l' There is no ono in the country too poor to buy . Liberty Bond. Thou sGnds of people in cities and country l ere buying on tho installment plan. paying SO much month or 70 much at stated intervals. In the cities . Ire
 mendous amount of every loan h
 ts.ken by people who are paid weekly 1 or semimonthly. <. l The American people arc learning to buy bonds as investments as we'll as . patriotic duty.
 Rome.-Capt Gabrielle d'Annunzio.