Oxford eagle., 1918-09-05
FH LIBERTY LOha
ELMPA|GN To OPEN
lon SEPTEMBER q
.rsIcAN VICTORIES ON WEST
eooNT AROUSE ENTHUSIASM
THROUGHOUT ENTIRE ". s.
.,v,ve -.avss WAR
nwry Dollar Invested 10 Backed Us
hy Entire Resources Of Gov
eminent That Never Re-
pudlated q Debt.

No man or woman gives" anything
tr participation in q Liberty Loan.
ne word give" has nothing to do
With buying q government bond.
When the Fourth Liberty Loan Cam
psign opens. Sept. 2s. when the Ameri-
un people begin to put down their
rlnes and lay down their dollars, they
vii 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 IL
Secretary McAdoo has definitely an
bounced that the Fourth Liberty Loan
viii bear interest at the rate Of ~
per cent Men who deal in financial
matters know that this is q good rate
os 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
Jour 800 or yeur $500 bond All the
wheat that win grow on the fields Of
America for q generation Ii back OF
the Aper the government gives you
With Fourth Liberty Loan" across Its
tkce- The very soil on which that
wheat grows is security for the bond
Tie whole property Of the Un'fea
States and its people 20 lon: ~
government endures IL pledged to the
buyer that the bond and its interest
vii be paid exactly as stipulated
The United States has never repudi-
tted dollar of It's debts. II started
right when Il became q nation After
the Revolution there were q good
many Americans who thought that the
debts Of that war should be denied and
forgotten, 30 that the new nation
might have q 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 well as men. So
they assumed the load OF Revolution
sry debt and paid it 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
are loaning money to their govern
ment, which Ia themselves. and they
are supporting 1t with their dollars
just as they DO with their ballots and
their bayonets. And unless that gov
eminent is supported By their dollars
It win perish from the earth. In 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 a credit Of $60. ZOO, 900
TO back that war declaration That
sum viii not pay the present war eS
pensss for more than a day. But every
dollar that Is spent In beating the
Kaiser makes the security that is back
Of 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
what money can buy now-he under
stands its value better. since he under
stands that his money is behind ths
rifles that are driving back the HUI
on the west front He thinks more o
. dollar when he realizes that It Ia dol
lars that keep the big battleships oi
the seas and that It is these same bat
tieships that keep the Hun from cross
ing the sea and carrying the war int
America.
No man who buys . Liberty Bon
with his savings will feel like tn,
dodger. Liberty Bonds are exemp
from taxation. Taxes cannot touch
90 long as It is loaned to the Unite
States government.
There IL no one In the country to
poor to buy a Liberty Bond. Tho'
s&nds Of people IN cities and countr
are buying on the installment plai
paying so much q month or so much
stated intervals. In the cities a tn
msndous amount OF every loan
taken by people who are paid week.
or semi-monthly.
The American people are learning
bug bonds as investments as well as
patriotic duty.