The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1918-09-30
OPENING ADRREsS
OF the Liberty Bond Campaign, by
County Chairman T. T. MunrOe, at
the Temple Theater Sunday After
noon.

County Chairman T. T. Munroe, at
the Temple Theater Sunday After
noon.
Within modern times civilized ma
tions at war have raised necessary
revenue by two methods; Taxation
and the issuing of bonds. The princi-
pal use N taxation is to levy the larg-
est amount possible with the least
hardship on citizens. The limit of
safety is passed when production is
penalized and profits cease. 1t has
been the serious duty of Congress, in
recent legislation, to frame law that
would compel so-called war prohteers
to share with the government the ex-
traordihary profits brought about by
a state of war. The results will prob>
ably satisfy the most exacting for the
tax levied on this class will run as
high as 80 per cent of profit. The
assessment on individual income will
be raised to 6 per cent in case of
small incomes over the exemption, to
IL per cent on incomes of 5000 and
over, with the surtax added. The law
is designed to yield eight billion dol
lars. The balance needed for present
purposes will be provided by bond
issue of six billion. to be known as
the Fourth Liberty Loan. Of this
amount one billion eight hundred mil
lion has been allotted to the Federal
Reserve district in which New York
is located. One hundred and ninety
two million has been allotted to the
Atlanta district, amounting to less
than per cent of the whole. Florida
is included in this district and Mar
ion county's quota is four hundred
and nine thousand dollars, represent
ing $13.60 per capita of our popula-
tion, or S68 for each family of five
1t becomes the patriotic duty of the
citizens of Marion county to sub
scribe for bonds to the amount of
this allotment. We have subscribed
our allotment and more on the three
previous issues and surely we will not
fail in this. The principle applies, as
in the case of the selective draft
is democratic; each one must do his
share. What of the Stacker? He will
be held up to the scorn of his neigh
bors, as one not entitled to the rights
and privileges of a free country.
Hoarding will not save his money, for
| if all hoard the Hun will win and take
our all. After the war it is fair to
say that United States bonds, of all
issues, will go to a premium. This
makes a splendid opportunity for the
investment of savings, the rate being
higher than the rate allowed by banks
and the security is the best in the
| world. War work is not all destruc-
ton. A substantial part of the gov
ernment revenue is used in building
texensive terminals at both parts of
embarkation and debarkation; also in
the construction of great merchant
fleet which will prove tremendous
advantage after the war in maintain
ing our commercial supremacy. At
times, as we think about the huge
cost of the war, we wonder in just
what way the money is employed. To
give practical idea / will give you
figures of what it takes to feed our
army in France for one day only:
Flour, 1,0O0,00 pounds; beef, $685.
600 pounds; potatoes, $4,000 pounds;
sugar, 100000 pounds; tomatoes,
125,000 pounds; pepper and salt, A.
500 pounds; coffee, 10000 pounds;
bacon, 225,000 pounds; beans, $4,000
pounds: rice, $4,000 pounds; onions,
ESQ., 900 pounds; dried fruit, 10000
pounds; jam, 10000 pounds; milk,
$4,000 pounds; butter, $1,000 pounds;
syrup, 10000 pounds.
/ And now. my friends, the campaign
lis on. Are your offerings ready? II
not start something, sell something
save something and let your inspira-
ton be "Pershing and the boys in
France"