New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-04-05
American People Must Lend Part,
or Pay All to Finance
Great Conflict.
BUYING OF LIBERTY BONDS
Liberal Loans to Government 10 Ad.
vancin0 Financial Assistance to
Dur Children, Obviatin0 Total
Cost by Taxation.
(By EUGENE p. LYLE, JR., Of The
V~iQilantes.)

Freedom comes high. being a pre-
cious thing. Being the most preciou:
thing, 1t highest. No people i!
worthy of freedom that is not willing
and eager to pay dearly for it. 1t
fact, you will find no people possess
Ing freedom that has not paid dearly
for 1t, and you will find no people con
tinuinS to possess freedom that doe
no stand every ready to pay dearly
over and over. to retain 1t.
If this were not true, Belgium
France, Italy and England with hel
oversee ~dOninionS, would now be as
Russia is today. If this were moi
true, America would still be neutral
contcmptibly awaiting her turn to pass
under the yoke.
Blood and treasure. anguish and sac.
rlfcr-these are the coin we bring
TO market; the coin we must pay Yet
the coin may be, ana, is expressed in
dollars and cents. not alone aS a SYM
Dol Of the real price we pay, but be-
cause this real price would be wan
tunly ~Squandercd, or paid in more
CHASTITY measure than need be, If the
lar-and-cents financing were not at the
heart Of the heroic transaction.
Vainly would the soldier shed his
blood If he were not trained and
equipped to make his blows count to
the utmost, and the cost of this train
ing and equipment is an item that may
be, and Is, expressed in an exact UNI
Der Of dollars added to an exact num-
Der of cents. His country must spend
precisely this amount to enable him to
defend her.
Consequently we of America are
now confronted with the biggest war
bill In history. one year of this war
is costing us as much as all the wars
we have had before added to all the
other expenses Of our federal govern
ment since we first won our freedom.
Lending to Our Children.
Ungrudgingly, yes! OF that we are
proudly conscious that there is no
question. The and only question
is the practical question Of finance.
How shall the money be found? We
ourselves must supply it, since 1t can
not be borrowed elsewhere. But how?
The bill is too big to pay cash on
the nail ms we go. And, furthermore,
to pay all as we go would be just
neither to ourselves nor to our pos
terity.
"ra,,ll NOT la t,.t 20 ,,,p-nl,no
because we alone will not be the bene-
flciaries. The generations to come will
Notwithstanding benefit in the lib
critics preserved to them-and 1t is
proper that they should be left to rs
sumo n fair proportion of the debt.
They are buying freedom today as
much as we. But we shall have to
lend them the money o to pay their
share. In lending to our government
in buying Liberty bonds we lend to u
children; and gratefully our children
will pay 1t off.
Any other arrangement would not
he just to them for the reason that,
should we strip ourselves bare to pay
all now, we would he crippled in pre-
pairing our children for the ordinary
duties of citizenship. Better far that
we retain enough to so equip them for
success in life that they may without
undue hardship take over their quota
of this wars burden. Better fer us,
and better for them,
Sound common sense. then, as well
40 nnDitv rpiDtS thn usny Tho u.Or'a
should be divided. Let us pay
in cash as heavily as we wisely may
that Is taxation. But the rest let us
leave to the future beneticiaries, lend
ing them the money now-that is buy
ing Liberty bonds.
freedoms Great Price.
The present moment is n good time
to contemplate what will happen-in-
happen-if we do not lend to
posterity to help pay freedoms huge
price. Nothing is clearer than the al
tentative.
If we do not lend our government
what it asks of us In loans. then we
must consent that the total cost be
aiken from us outright by taxation
by Il prOrated c~Ontiscation.
Before such an alternative wen the
ierman, or prO-German, having prop
'rty interests in this country, should
'hoose to subscribe for Liberty bonds.
N our own self-interest, apart from
he issues vital to the integrity of u
manhood, we can do no less-nO less
han lend to the last cent we may pos
IDLY save; and this not once merely.
nut each and every time that Uncle
sam steps from his counting house to
ell us that he must have more money. ,
Uncle Sam is telling us this now. ,
lie awaits u response. But he Is
the only one who waits. Wherever ,
nen are free or suffer to be free, there .
hey await our response as the answer ,
o their hopes. And there is yet an
Their who waits-the enemy. In
rhatever degree our answer fails of a
everberating affirmative. In exactly
hat degree will he take heart TO pro- {
)ng the hideOus slaughter. ,
C%heesecloth Income.
The little girl with the crepe de