The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1919-08-22
DAWN OF NEW ERA IS
NOW FACING AMERICA

Possibilities for an era of unpre-
cedented prosperity in the United
States are potent as the entangle-
ments incident to the bringing about
of the world peace are unraveled.
Of all of the countries that were en-
gagged in the world war none emerged
in so advantageous a position as this
country. Great Britain had to bear
the brunt of the financing of the war
before the United States entered. The
resources of that great nation were
taxed to the utmost, and national
debt exceeding our own several times
was piled up.
France and Belgium suffered from
the hands of the invading German
hordes until it will take years to re-
store the factories, mines and agri-
cultural regions that were devastated.
Then the financial fabrics of these
countries suffered to an extent that
this country can scarcely conceive.
The man power of all the Allied coun-
tries, too, was reduced to an appall-
ing degree.
Germany, physically, is, of course,
unscathed. But what with the ship
ping that she was compelled to give
up, the reparation she is compelled to
make, the tremendous indemnities
that the peace conference heaped up
on her, and the onerous taxes that
must be met, in addition to the great
shrinkage of man power renders Ger
many impotent in comparison with
the power she exerted prior to the
time that the Kaiser in mad moment
imagined he was to dominate the en-
tire world. The war has left the
United States the strongest nation on
the face of the earth. The manner in
which she with prodigal hand threw
billions on top of billions of money,
and millions on top of millions of men
into the great struggle, and then the
magnaminity she displayed in the
peace settlement, has given this
country prestige that makes her pre-
eminent among nations, and gives her
people an opportunity such as no ma
tion in the world ever possessed.
If America does not take advan-
tage of this opening to the utmost it
is the fault of the American people.
The Federal Reserve Board, that is
devoting it's time to solving the finan-
cial problems, has made the calcula-
ton that American business will re-
quire three billions of dollars to take
advantage of the new trade oppor-
tunities now open to them.
This money, according to state
ment issued by the Federal Reserve
Board, must be raised by the savings
of the people. The banks must be
able to finance the companies that
will develop the new opportunities.
The Government must not be made to
call on the banks.
One of the ways open to the Gov
eminent to raise this vast sum, or a
paret of it at least, is through the
War Savings Campaign, that is now
being enthusiastically greeted by the
people, as they are awakening to the
advantages of the plan.
The War Savings Plan reaches all
classes of citizens. There is the
small investor, the child, who may
buy a Thrift Stamp for rs cents, and
hold it until he gets sixteen, at cost
Of $500. Then by adding small
dhiouit hC Will w SiNcH q WI al cav
ings Stamp, that on January 1, 1924
| is good for SIS in cash.
Other savers will step over the
Thrift Stamp plan, and buy the $500
War Savings Certificates, and draw
their interest of a percent compound
ed quarterly.
But the latest phase of this War
Savings Campaign is shown in the
new denomination certificates of $100
and $1,000 each. These have all Of
the smaller denominations, but re-
quire no sticking to certificates. They
are real "haby bonds" in themselves.
They are handsome certificates, dig
nifed,. and life the other securities
issued by the United States Govern
men,t are an unqualified promise to
pay, and every dollar Of wealth of the
richest country in the world are be-
hind them ~ security The money