Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1919-04-26
THE VICTORY LOAN.

The Victory Liberty Loan, which |
will complete our payments on the
war preparations that brought Ger
many to her knees so suddenly last
November, will be floated between
April q and May 10. The Secretary
of the Treasury has announced that
the terms offered on the new loan
will be such as to make the govern.
ment securities the best buy" on the
market at the time 1t is circulated.
While Mr.. Glass has not announced
the amount he would call for, the best
informed public mon say that the
issue will be $1,000 o0,00 with the
right to accept all Neutrality-suspicious..
And now to consider briefly why
the Victory Liberty Loan has to be
fioated among the American people.
In the first place, the loan is a
good investment Before the war,
most OF us were not investors. Today
one-fourth OF our population are Dor d
holders and half of us hold some sort
OF government securities. We have
begun. at least, to learn the thrift
habit that we may lay up some treas.
ures on earth.
In the second place. this was our
war, a war of the American people,
democracy against tyranny. We have
testified fully to our sanction OF this
war by sending 100000 men to the
battle front, training 100000 more
and getting ready 100000 to go into
training. We testified to our interest
in II when we subscribed $700000o,.
900 to the Fighting Fourth Liberty
Loan and gave literally to our war
charities.
Now the war Is over and we wonder
a bit why we are asked for more mon
ey. There are still a million Of our
fighting men in France who must be
brought home. There are thousands OF
our wounded and sick in hospitals who
have yet to be cared for. Our mer-
chant marine is still building that
America may take her place In the
world mart. All these take funds.
Yet that Is not the real reason for
the Victory Liberty Loan. our CIV
eminent had in process OF construc'
lion, when Germany capitulated, a war
machine which was planned to ami
hilate the armies Of the Fatherland
during the coming summer. The al
lied experts believed that Germany
would not surrender until she was de-
feated, so they planned for that over
whelming defeat during the coming
summer. Germany, however, conclud
ed that she had enough before the
full force of our war catapult struck
The German general STAFF knew that
we were building that great machine
They had felt the first blows al
Chateau Thierry, Belleau Woods, tho
Argonne and st. Mihiel and had learn
ed that the American mob" knew
no defeat, gave no ground, but went OF
in spite of losses of eight to one
They knew, too, that the American
and British navies had rendered TIT
U.boat impotent with American dept
bombs, strung in a barrage twent!
miles wide across the North Sea.
They saw the American ships II
An almost endless stream bearing aeI
ial armadas, focks OF tanks, batter,
after battery OF rifles, howitzers, AM
mortars, gas and high explosive shell
by the million, rifles and machine
guns with their ammunition and men
regiment after regiment until there
seemed no end to the khaki ella
fighters coming out OF the west. s
the German showed his "yello'
streak"
And that "yellow streak" engendel
ed by our preparations, saved thou'
ands OF lives of American boys an
millions OF lives Of their compatrioti
Had we not made this vast preparf
ton our boys would be blowing ahea
through Flanders mud and French FOL
ests, paying with their life blood tn
price OF the worlds freedom, Tn
preparation was made. The war
over. Our boys for the most part ar
returning to our fresides, safe an
sound.
With the Secretary of the Treasur,