The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1919-08-15
AMERICA NOW IN POSITION
TO REALIZE ON INVESTMENTS
MADE TO SAVE CIVILIZATION

Do you remember some months ago
that We were loaning our Allies few
million dollars every day to help
them to carry on the war against q
common enemy? We were liberal in
our allowances of financial assistance
while the fighting was going on, while
the Hun was still standing de6antly
on the "Hindenburg Linep
If we are wise we will be liberal in
assisting our friends to make their
reorganization plans for the future.
The first money we loaned to our AL
lies was for the more or less selfish
purpose of self-presetvation. The
world was menaced by Prussianism
and we were menaced with the rest.
But the loans that we may make in
the future will help in guaranteeing
American commercial prosperity.
None of us want a period of de-
preston and panic and business trou-
| BILE here unless we are open or secret
Bolshevists. We want the world to
get back to work, back to production,
back to money making and upbufld-
ing instead of money spending and de-
| struction.
There ought to be tremendous de-
mand upon American industries in the
rebuilding of broken France, shat
tered Belgium, Roumania, north Italy
and Servia. Upon this demand will
depend in no small measure the
amount Of American prosperity in the
near future.
Europe will be the market place
for all manner of American made ar
ticles for a long time, but most of all
they will want raw materials, con-
struction materials, implements, tools
and machinery. The demand for
these will run into billions of dollars.
We have all the materials that will
be needed. We have the resources and
the manufacturing plants ready to
start to work. Our plants are enor-
nous and are in far better condition
than those of Europe. We are ready
to switch over our plants into the pro-
duction of what ever it may be that
Europe needs and can pay for.
We have had these things for yers
but We have had no export trade to
amount to anything. We had no for
eign trade organization and it must |
will of the world.
But now we have the good will of |
the world. Our friendship with the |
nations is well nigh universal. But |
raising the necessary loans to keep
the business of the government NOV
ing as it should move we will further |
strengthen the position of the nation (
both at home and abroad. We will |
make it easily possible for US to get |
out in the world and realize world |
commerce. 1t will mean something |
tremendous to all Americans in the |
years to come.
The people we have fought shoulder
to shoulder with, the nations whom we |
have assisted in the darkest financial
hours by timely and large loans, will
be glad to buy of us.
But much money must be at hand
for Uncle Sans use in re-establishing
trade and commerce, before this can
be realized. 1t will take about 3d.
900 100000, according to an estimate
of the Federal Reserve Board. The
money must come from the savings of
the people. The banks need all their
resources to take care of the enter
prises in their own localities
The Government plans to make the
nation and the individual prosperous
simultaneously. The people supply
the money through Var Savings
Stamps and the new Treasury Saw
ings Certificates. This gives the pros
perity to the nation.
The individual who supplies his
is given the U. S. Government
note, it's solemn promise to pay at a
specified date, and to add four per
cent compounded quarterly to the
amount loaned.