The daily commonwealth. (Greenwood, Leflore Co., Miss.) 1916-1919, 1919-04-17
AMERICAS GREAT
WEALTH VIRTUALLY
UNTOUCHED IN WAR
FINANCIAL AUTHORITIES SAY
MONEY is MORE PLENTIFUL
THAN EVER BEFORE. y
EXPENSES ARE LESSENINC
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 eve 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 foodstufs 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 war. OF all the ma
lions in the conflict America has &C
tually felt the pinch of war the least.
It's vast stocks of raw materials were
drawn upon freely through four years
of warfare without impairing them.
Its citizens were not called upon for
anything like the amoOnt Of wal
loans, comparatively speaking that
our Allies were forced to rect. The
country is amply able to take up an
other lcan without feeling the strain.
War expenses aTt lessening and the
various Industries are slowly coming
back to a peace basis after a long
period spent under war conditions.
h 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. T..
Our Excessive Exports.
In 1915 American exports exceeded
our imports by $1,000, 100000. Doubt
less 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 heir necessities.
With these and other positive fga
ures showing the enormous wealth of
America before him, is there any one
who will insist that this country is un-
able to float another Liberty Loan?
If SO he is argued down and silenced
Wy lhC lSAIPCl duu LA0 uiSQO61llOu Oh
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 besn
completed.
For a good many months now this
country has been given over to the
business of war. Every energy and
every industrial plant was directed to-
ward war work, directly or Indirectly.
When the armistiee was signed the
wheels Of the vast and intricate ma
chine were moving SO 9 pidly that
they could not be stopped over night.
There had to be a neriod of slowing
down he war machine. There was a
time when this great machine stopped
and was reversed. We are still in the
time Of its reversal, in the time when
men are being demobilized, war plants
are giving way to peace plans. The
machine is backing up now and tear
ing itself to pieces, q job that Is as
slow and as delicate as setting 1t I'D
and starting it going.
Prosperity . -sured.
Nevertheless it is being done with
more speed than at first was thought
possible. The savings banks are full
of money, buyers are beginning to re- !
turn to w~holesaling centers In their |
old-time numbers and the stocks Of |
manufactured articles. made at the |
peak of war time conditions, is begin |
ming to diminish. |
Then, too, the American people have
been thoroughly convinced of the /;
value of Liberty Bonds as a sound in
vestment. |
In the first loan drives the feeling |
of patriotism, of rallyrng to the n a
standard with the last man and !!
the last dollar, smothered most of the
other excellent reasons for buying
Liberty Bonds. In this Fifth Loan. |
the Victory ISSUE, the people are
the wonderful investment
qualities of the notes (short-term
bonds). They are looking to the fu-
to the assured interest, to the
principal and are buying !
with these points in view.
The announcement that this Victory
Loan will be the last of the Liberty |;
Loan issues has brought about q real
ization that they should be bought
while they may still be bad. Knowing
that h future viii see these bonds Of
all issues go to a premium, the In.
who is looking for safety as
well as returns, Is anxiousiy consider
Ing just how many Of the notes OF tho
and last issue he will be able to
take.