The weekly times-record. (Valley City, N.D.) 1912-1922, 1919-04-03

This stupendOus sum must be had
to finish the job, and the size Of it is
largely accounted for by the necessity
of the settlement of war contracts
which had to be made, and which in
themselves played an important part
in the termination of the conflict.
Future expenditures are, of course,
problematical, but it is interesting to
know that the cost of our military es-
tablishment for the first half of 1919
will be approximately $2,OOO,OOO 900.
For the same period the navy will re-
quire an expenditure of 1856, 900 900.
Building of ships under construction
will take $279, 100000 more. Settle
ment of contracts will require prac-,
tically $2,000;000,000. This interest
on the first fourth Liberty Loan Bonds
will amount to $850,000,000. We will
loan $100, 100000 more for reconstruc-
ton, and there are hundreds of other
items that will require large sums.
All these obligations must be met.
The wisdom of making the expendi-
lures must be decided by the men
whom we have chosen to carry on the
business of our government. It is not
our business to question their wisdom
during crisis. They are acting for
us and the obligations they make are
our obligations. If they have not been
proper ones, there will be time when
we can bring them to account. Until
that time arrives, it is a case of ours
not to question why-our to go out
and buy. -. ...5 a.
These facts speak for themselves.
To the people in these wheat-growing
communities in the Northwest it will
undoubtedly be wise to suggest that
the government has promised and is
taking the necessary legal steps to
enable it to pay Billion Dollars,
which it is estimated will be the diff
ference between the market price Of
wheat and the guaranteed price of 81.
26 per 'bushel. It is interesting to
know that the Ninth Districts share
of this excess will probably be Quar-
ter of Billion Dollars, which is more
than the amount of bonds the people
of this district will be asked to buy.
In other words, the government is ask
ing us to lend it the money which it
will be necessary for it to return in
cash to people on the land and all
those who benefit from the expendi-
lures Of these people. Surely we Of
the Ninth District who are facing
period of prosperity, such as we have
never before known, should consider
the coming Loan loan of thankful
ness as we'll as of ictory. V
Of course l could advance many
other arguments as to why we should
approach the coming Loan with de-
termination and optimistic spirit, but
these will be brought to you in other
ways during the campaign. I have
already gone into the matter at, some
length, and for fear you will have lost
sight of the principal point I started
out to make, I want to repeat that:
Victory Liberty Loan Bonds will be
sold next April. They must be sold in
your county through the organization
that has achieved such marked sue
cess in past loans, and they must be
sold to the very largest possible num-
Der of individuals. These things must
be done in order that you may finish
your job and insure permanent peace
and prosperity to your county, state,
district and nation.
The perfecting and speeding up of
the organization that is to finish the
job in your county is your RESPONSE
bility, and respectfully suggest that
it is none too soon to begin getting
busy.
Yours for the Victory Lberv Loan,
A. r. ROGERS. Chairman.