Evening journal., 1918-10-18
The
Liberty Loan
Must Succeed
Editorial in the Christian Science Monitor

II Is Of vital importance that the fourth United
States Liberty Loan shall be fully subscribed II Is OF
vital Importance that Il shall be fully subscribed
quickly. Il is of vital Importance that the subscrip-
tons shall come, in the main. from the mass OF thu
people. Il will be of incaculsble benefit to all the
interests concerned and these interests the
greatest, so far as tradition and history afford in
formation, ever involved in war since the world
began If the loan shall not only be subscribed, sub
scribed fully, subscribed by the of the people,
and subscribed quickly, but the subscriptions shall
greatly exceed the amount called for.
No belief that the loan is In danger of failure
should be entertained no intmation of possibility
of its failure should be permitted to go out II must
not fail. In the light Of the German reply to the
Presidents latest utteranoe, Il Is more than ever
necessary that Il should succeed
To believe that the nation will refuse 10 support
the loan would be to believe that II viii stop short Of
victory; that Il viii consent to the triumph Of
sutocracy; that II has decided to turn its bssk upon
all which, for nearly century and half, the 70
public has held to be essential to human freedom,
human progress ano nunnn nhppmcss.
There Is nothing in the past of the United States
to justify in the smallest degree anxiety lest Il shall
not at this crucial hour, rise to full sense of its duty
to itself and Of its obligations to the nations with
which il has become associated in this struggle II b In
the to the last dollar and the last man, and thw
far, great as have been the drafts upon ii, only
fraction of its man-power and of its money power
has been employed. Only now is il prepared to take
upon itself, to extent commensurate with its re-
sources the responsibilities, which it assumed in April
1917.
Cost has entered into the thought of the
American people, into the consideration of their
government as an important factor in the situation.
That they have the means of carrying on the war
indefinitely they know. That they have the dis
position to exhaust their resources, necessary to
the achievement Of unqualified victory, cannot be
questioned. There is surplus wealth enough available
In the country to take UP the entire loan in hour.
The government need only say the word and the
banks and corporate and private capital would under
write, without hesitation, whatever part of the
Fourth Liberty Bond issue might remain mtalsen-
But something else Is wanted.
So far as the United States and the Allies con-
eerned, this is not capitalism If ever
waged for the people, for all classes of the people,
for the rights and liberties of the mass for democ
racy, this conflict ia carried on by the Allie, and the
United States IN such cause. And If ever IN tho
financial history of the world popular loan worthy
of the name was launched, that which the United
States is floating at the present time is
Ii would be deplorable thing, even a shameful
thing, If the should throw the burden of a
carried on IN its behalf upon . class. Eventually,
victorious issue of the conflict will be helpful to
everybody; il viii benefit more than the wage
and salary Garner, because il will go immense dis
lance toward assuring the perpetmty of peaceful m
dustry, and the consequent enlargement of oppor-
tmity, to the average man. No truly say
that this is not a that has concern for him. IL
has personal immediate, intimate concern for every
American worthy of the To assist in the win
ming of the war to the limit of its ability, energy, and
resources is the greatest task the United States has
ever faced to accomplish it, every one within its
borders every one protected by its flag, every one
throughout its vast domain, worthy of the liberty for
which millions have sacrificed and sacrificing their
all, should come to its aid
way viii be opened for every one moved by an
honest purpose to buy a bond. No person with q
patriotic heart will be denied the privilege of serving
his country. Let one who, through self-denial,
may save dollar week, be without an investment
that will draw dividends too precious be expressed
in terms of money.
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