Perth Amboy evening news., 1919-03-17
~4%D
OUR MOPPLNG UP PROCESS

With the new Victory loan to open April q, Perth Amboy Is get
ting in shape to put it across in true paeemaking style.
This is. after all, the real test in patriotism. 1t is all well enough
to be enthusiastic and shout for the stars and stripes when the battle
* and victory is yet to be attained, but with the battle over ana the
victory o our ardori is apt to cool off; the reaction sets IN and we
are not so prone to make the sacrifices that the occasion requires.
But although the war is over, as far as the fighting is concerned
the enormous expenses have not been met by a great oea p" u 10
bave any real conception of the tremendous forces set In notion hen
this nation entered the war. Naturally, all this could not be stopped
IN an instant. -,
But even though billions of dollars worth of orders were cancelled
immediately after the armistice was signed, the expense OF bringing
the boys back home, not to mention the expense o1 maintaining De
army of occupation that must remain IN Germany until II peace
treaty is actually signed, keeps piing up. Besides, 1t must b remenF
bered that the government borrowed the money with which 10 go
ahead with its work even before the war ended in anticipation oil the
future loans such as is about to be offered.
The fact is. while the boys in uniform have about finished their
task. we here at home have not yet finished ours. They got through
a little bt. ahead of us, that is all. But because they have finished Is
no reason why we should lay down on our end OF the war lhey oa
not quit until they had cleaned up good and proper. We whose task
ii was to do the less spectacular although extremely important WORK
at home, have yet to do our cleaning up. 1t stands to reason that our
task would be the last to end becaus cas- long as the boys kept on
fighting we would have to keep on raising the money to keep them
going.
So it is then, that we find ourselves a few months behind the men
in uniform in the finishing up, but there is every reason to believe that
we will be doing our part at the finish just as thoroughly as Inc ooV9
stood in at the finish cover there"
The Victory loan that is TO be offered this time differs from the
Liberty loan of which ther, have been four, in that the bonds will take
the form Of short term notes. That is, instead of running for twenty
or more years, as the Liberty bonds do before maturing, they VIII ma
tnre in five years. There is not the temptation to sell them on this
account. Because one must wait so long before the Liberty bonds ma
ture many people prefer TO take a loss on them and sell them below
par now rather than wait so long for the full value. This keeps the
bond market flooded with the Liberty bonds and prices are down.
Five years is not so long to wait, however, and it is likely that
the purchasers will prefer to hold these bonds, or notes as they are
called, until the government itself redeems them at par value.
At any rate. it is just as much our patriotic duty to support tins
Victory loan as it was to support the Liberty loans that have been put
across in such fine style. We should be thankful that the war is over
and 4 4tre boys are coming back. Far be it from us to fail them
when they have done their part so nobly.
The campaign is now being organized. There should be no lack
Of enthusiastic workers and, in view of the fact of what has been ac
complshed, the team workers ought to have no difficulty in disposing
Of their quota.