The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1918-10-03
A BADGE OF BROTHERHOOD.


With the formal features of the
fourth liberty loan the public is al
ready familiar Thru the announce
ment of the secretary of the treas
ury the country has been informed
that the people are asked to subscribe
for Sc, 900, 900. 900 of bonds bearing in
terest at 4A per cent, which will ma
ture on October Is, 1898, unless the
government exercise its right to re-
deem the issue on October Is. 1888.
On any holding of $4,000 of the
bonds, interest is exempt, until two
years after the termination of the war,
from surtaxes, excess profits taxes and
war taxes. The subscriber who takes
$4,000 of these bonds, and who still
holds them at the time of making his
tax return, will also receive an exemp-
| ton from such taxes for a similar pc
riod, as to the interest on a total
amount of $4,000 of the bonds of
previous liberty loans. Subscribers to
smaller amounts will receive similar
proportionate exemption. The bonds
are also exempt from state and munic-
ipa1 taxation except estate and inheri-
lance taxes. ~
In other words. any holder up to
$4,000, of the fourth liberty loan,
| may have tax exempt u times these
holdings in prior liberty loans. This is
in addition to the $1,000 previously
held exempt.
These bonds, estimated in the ordi-
nary terms of investment values, are
know that the payments of interest
and principal will be met as they be-
come due. The credit, the resources
and the productive energies of the
richest country on the globe stand be-
hind them. Hj
But the full value of a liberty bond,
| say the Wollman Review, cannot be
appraised altogether along the tradi-
tional lines of interest return and Sc
curity of principal. The liberty bond
pays dividends in addition to interest.
These dividends will be paid long after
the bonds have been redeemed and in
vestors have ceased to collect interest
on their holdings. A thousand years
from now, when the sorrows of this
war have been forgotten and the
name of Wilhelm II is but a foul mem
DRY, the people of the United States
and the people of the whole world will
be collecting dividends as a result of
the subscriptions now being taken.
One dividend will be protection
protection for the helpless, protection
for our loved ones, protection for the
small nations of the earth. The apoc-
alyptic beast of militarism no longer
will shake the earth with his menace
gNtread, ndfheirattle of the Prus-
sian sword in its scabbard will cease
to be an influence in world policies
Another dividend will be a national
soul. We have been told that we are
not nation-that We are collection,
a conglomerate of nationa1ities, each
with separate race entities, that we
have not yet assinilated the motley
millions who have come from all QUAR-
tiers of the earth and settled within
our boundaries Common interests
make common aspirations A com
mon danger has already impaired its
unifying influence. We have seen our
soldiers. drawn from every nation and
speaking every language, welded into
compact fighting machine, stopping
the Hun at Chateau Thierry and
overwhelming him at St. Mfhiel-
Americans every one ..-.
Those who stay at home by mu-
tua1 aid and common sacrifice, are
passing thru the melting pot that
makes us a united nation The button
of the liberty loan has become the
badge of national brotherhood.