The Adair County news. [volume] (Columbia, Ky.) 1897-1987, 1918-09-11
Attn LIBERTY LOAN
CAMPAIGN TO OPEN
ON September %
AMERICAN VICTORIES ON WEST
FRONT AROUSE ENTHUSIASM
THROUGHOUT ENTIRE U.S..
BUYING BONDS sHoRTENsWAR
Every Dollar Invested Is Backed Up
by Entire Resources of Gov
eminent That Never Re-
pudiated Debt
No man or woman "gives" anything

No man or woman "gives" anything
by participation in a Liberty Loan
The word give" has nothing to do
with buying government. bond.
When the Fourth Liberty Loan Cam
paign opens, Sept. %, when the Ameri-
can people begin to put down their
names and lay down their dollars, they
will 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 it.
Secretary McAdoo has definitely an
bounced that the Fourth Liberty Loan
will bear interest at the rate of Az
per cent. Men who deal In financial
matters know that this is good rate
of 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 ma
ton. All the coal in the ground backs
your 800 or your $500 bond. All the
wheat that will grow ON the fields of
America for generation is back of
the paper the government gives you
with Fourth Liberty Loan" across its
face. The very soil on which that
wheat grows is security for the bond.
The whole property Of the United
States and its people so long as the
government endures Is pledged to the
buyer that the bond and its interest
will be paid exactly as stipulated.
The United States has never repudi-
ated dollar of its debts. 1t started
right when 1t became a nation. After
the Revolution there were a good
many Americans who thought that the
debts of that war should be denied and
forgotten, so that the new nation
might have a 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
airy 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 is 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 will 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 $50, OO0, 900
to back that war declaration. That
sum will not pay the present war ex-
penses for more than day. Bet 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 the
rifles that are driving back the Hun
on the west front. He thinks more of
dollar when he realizes that 1t is dol
lars that keep the big battleships on
the seas and that it is these same bat
tleships that keep the Hun from cross
ing the sea and carrying the war into
America.
No man who buys a Liberty Bond
with his savings will feel like a tax
dodger. Liberty Bonds are exempt
from taxation. Taxes cannot touch it
so long as it is loaned to the United
States government
There is no one in the country too
poor to buy a Liberty Bond. Thou
sands OF, people in cities and country
are buying on the installment plan.
paying so much month or so much at
stated intervals. In the cities a ire
mendous amount Of every loan is
taken by people who are paid weekly
or semi-monthly.
The American people are learning to
buy bonds as investments as well as q
patriotic duty.