Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1919-04-17
AMERICAS GREAT
WEALTH VIRTUALLY
UNTOUCHED IN WAR
FINANCIAL AUTHORITIES SAY.
MONEY Is MORE PLENTIFUL
THAN EVER BEFORE.
EXPENSES ARE LEssENING
People Are Firmly Convinced Of the
Value of Liberty Loan. invest
ments.

Financial authorities insist that
money is more plentiful than ever be-
fore. In last December official re-
ports showed the per capita circula-
ton Of money in the United States by
far the highest it ever had been.
There has been little change In this
respect since that date. Money is still
comparatively plentiful and the pros
poets of a general international read
justment Of shipping and of exchange
rates, coupled with a redistribution
of the. worlds foodstuffs is bringing
about a new feeling of confidence in
all business circles.
American resources have hardly
been touched by the demands made
upon them by the Val. OF all the ma
lions in the conflict America has &C
tually felt the pinch of war the least.
Its vast stocks of raw materials were
drawn upon freely through four years
of warfare without impairing them.
It's citizens were not called upon for
anything like the amount Of war
loans, comparatively speaking that
our Allies were forced to meet. The
country is amply able to take up an
other loan without feeling the strain.
War expenses art lessening and the
various industries T slowly coming
back to a peace basis after a long
period spent under war conditions.
The balance of trade is greatly in the
favor of this country and there is a
general disposition to feel that the
worst has been met and successfully
passed.
Our Excessive Exports.
In 1918 American exports exceeded
our imports by $4,000, 900, 900. Doubt
Jess this will be reduced somewhat in
the future, but for many a long day
Europe and a considerable part of the
balance of the world will make Ameri-
ca the buying place for a very consid-
cradle part Of their necessities.
With these and other positive fig
ures showing the enormous wealth of
America before him, is there any one
who will insist that this country is I'm
able to float another Liberty Loan!
If SO he is argued down and silenced
by the temper and the disposition OF
the American people who feel that
they have put their shoulders to the
wheel and that they will continue to
shove with all their might until the
work they have undertaken has beer
completed.
For a good many months now this
country has been given v to the
business of war. Every energy anG
every industrial plant was directed to
ward war work, directly or indirectly
When the armistice was signed the
wheels of the vast and intricate ma
chine were moving so rapidly tina
they could not be stopped owe night
There had to be a period of slowing
down the war machine. There was {
time~when this great machine stopped
and was reversed. We are still in tn,
time of its reversal, in the time wher
men are being demobilized, war plant,
are giving way to peace plans. Thu
machine is backing up now and tear
ing itself to pieces, a job that is a.
slow and as delicate as setting it u
and starting it going.
Prosperity .sured.
Nevertheless it is being done witt
more speed than at first was though
possible. The savings banks are full
of money, buyers are beginning to re
\ turn to wholesaling centers in thei
old-time numbers and the stocks Q
manufactured articles, made at tn
peak of wal time conditions, is begir
ming to diminish.
Then, too. the American people hav
been thoroughly convinced Of tn
value of Liberty Bonds as a sound il
vestment.
In the first loan drives the feelin
Of patriotism, of rallying to the n;
tional standard with the last man an
the last dollar, smothered most Of tn
other excellent reasons for buyin
Liberty Bonds. In this Fifth LOAF
the "Victory ISSUE" the people al
considering the wonderful investmer
, qualities Of the notes (short-terl
bonds). They are looking to the Fl
ture, to the assured interest, to til
s~afe-guarded principal and are buyin
with these points in view.
The announcement that this Victor
Loan will. be the last Of the Libert
Loan issues has brought about a req
ization that they should be bougI
while they may stif1 be bad. Known
; that the future will see these bonds
all issues go to a premium, the /
weston who is looking for safety
well as returns, is anxiously conside
; ing just how many Of the notes Of Il
: Fifth and last issue he will be able
take.