The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1919-05-02
Of
BONDS VALUABLE
IN FUTURE YEARS
LIBERTY SECURITIES NOW HELD
. BY 20 PER CENT. OF THE
AMERICAN PEOPLE.
BoNDHoLDERS INCREASE
More Will Buy and Their interest In
Government Will Become In
tensified.

One OF the most n0petul or all the
factors in the business and industrial
outlook of the United States is the
wide distribution Of Liberty Bonds
among all classes of people. This
makes for stability that will be very
valuable in the coming years. 1t will
also exert profound influence in the
immediate problems of after-thewar
readjustment.
Just now when industrial and finan-
cial situations as affected by the
| change Of the country from war to
a peace basis are holding a very i'm
portant place in the public mind, this
factor is being thoughtfully regarded
One reason for the undoubtedly opti-
mistic outlook is the fact that Liberty
Bonds are so widely distributed
among all classes.
The bondholder who owns Liberty
issues has in his possession securities
that represent the very best invest
ment in the world. He knows this
and he knows that so long as the
Government stands his bonds win be
worth exactly what they represent
themselves to be worth, principal and
interest, down to the last cent.
6ondhoders Increased.
A few years ago very small per
centage of Americans were bondhold-
ers. In fact, the bond-buying element
was represented by only a few hun
dred thousand people out of our 1907
100000 citizens. 1t is vastly different
now. IT the close of the Fourth Loan
1t was found that about 20 per cent
Of the population of the United States
were holders Of Liberty Bonds.
Despite the sales made by the hold
ers who were unable to retain their
bonds, 1t is estimated that Is per cent
of the population still retains its
bonds, and is planning to hold on to
them as long as possible. These own
ers represent the millions who are
interested Ia sound prosperity, In
sound and safe government, and they
are backing the nation In all its en-
beavers to speedily bring the indus
tries and general conditions back to
the normal.
Every one Of these bond holders
has personal financial stake in the
future of the American government
1t brings the government near them
and gives an added personal interest
in its progress.
To Buy All They Can.
Knowing the securities to be the
best in the world, millions of bond
holders are planning to buy all they
possibly can of the Victory Loan and
| they are making their influence
strongly felt, even in that class Of
Americans Tho were non-buyers in
the Fourth, the Third, the Second
and the First. This is tending to fur
Their distribute the bonds more thor
oughly among the more than 100000
, 900 Americans.
The French have often been called
the thriftiest people in the world
When they got together few francs
they straightway put these into gov
eminent securities The financial
condition of the French government
remained amazingly sound through
four years of storm and stress. and
one of the greatest reasons for this
soundness was the thrift of the aver
age Frenchmen. and his willingness,
at all times, to buy government bonds.
Americans who are watching the
sale of the last Of the great war loan
issues of the United States will do
well to take leaf from the French
mans book.