Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1918-03-18
BIG BOND DRIVE
WILL BEGIN SOON
Continued from Page One.)

Every dollar invested in Liberty Bonds
will help make the duration of the war
shorter; will save the lives of young
men in the trenches.
These bond issues will continue
to be offered as long as America is
in the war-that is until victory is
achieved. 1t is only by this method
and one er-taxation-that the
necessary funds can be raised. Un>
less the successive bond issues are
fioated it may be necessary to provide
other revenue measures which Will
raise the money by direct taxation
When tha average person consid-
eGrs that the government will spend
about twenty-one billion the first year
of the war, he is overwhelmed. His
first thought: There is not that
much money in the United States-I
don't see how it can be done" 1t is
true that this huge sum is more than
three times as much money as there
is in the United States treasury and
sub-treasuries and in general circula-
ton. But the big. fact-the big fact
for the government and the man with
limited income-is this All the mon
ey in the United States will change
hands three times while the twenty
one billion dollars is being spent. The
workman in the field and in the mine
and in the factory will receive his
remunerativo pay; he will, in turn,
disburse his earning-some for the
necessities of life, some for his little
amusements and some for his savings
account: Not only will he save some
o. his earnings, but the grocer to
whom he gives part of his earnings
will save some; so will the shoe deal
err, the baker, the butcher and so on
down the line All of these could do
no better than to lend part of their
portion to the government to fight this
war for them.
Unless the government is provided
with funds at this time to make new
contracts and pay for new materials,
the mines and the shops either must
close down entirely or curtail activi-
ties, with the result that the payrolls
will be cut and the number of workers
reduced With the curtailment of in
dustrial and commercial activities, the
markets for the farmers produce
necessarily will be narrowed and
chaapened When the factories cease
tc work full time Americas fighting
ann is crippled, for in reality the fac
tories, mines and shops are as essen
tial to the war as guns and ammuni-
ton
TIE more generally the people in
vest in government securities the more
money the government will have at its
command to buy supplies for the army,
to spend for the wages of workmen
engaged in the great plants turning
out war equipment and the more mon
ey the wage Garner will receive for
his labor
America is facing the greatest crisis
in its national history. Recent de-
velopments in Europe-the downfall of
Russia-have increased the burden
America will have to bear Those
high UP in the councils of the allied
nations have pointed out that the fail
IRE of Russia is a hard blow to the
cause of freedom 1t gives Germany
more strength and makes the task of
the allies much greater. This coun-
try is not safe from invasion. AT the
beginning of the war England probab-
ly felt that London would be safe from
attack, but repeatedly the Hun air
ships have flown over the city, drop
ping bombs and carrying death and
destruction to helpless individuals and
their ohmes, Germany succeeded in
sending her submarines to America
fer commerce before this country
broke off diplomatic relations with the
Imerial German government and it
would be just as simple task to send
ole, or more, here and attack New
York, Baltimore, Savannah or Jack
sonville.
The Sixth Federal Reserve District
Liberty Loan committee, thru the force
of field representatives and speakers,
has been endeavoring to awaken the
people of this section to a realization
OF the dangers confronting this ma
ton and to sound the call to arms for
the Third Liberty Loan campaign.