The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-01-31
BOND BUYERS ARE ROBBED.


buy Liberty bonds for two reasons
The first was that the government
needed the money and the SECOND
was that the people needed the IN
yestment. 1t was perfectly safe IN
yestment paying good interest and the
people should invest and save theil
money in this way. Government
bonds are the best investment in the
United States" the people were told.
The people bought billions of dollars
worth of these bonds. They believed
the propaganda sent out and they were
patriotic. Every issue Of the bonds
was oversubscribed. The people did
their part
But the government is not doing its
part by any means. 1t is not protect
ing it's credit or the buyers of its
bonds. 1t is permitting the most
pernicious profiteering in these al
most sacred securities sold to the peo-
pie during the stress Of war with the
PSO
pie were buying good security that
was worth par.
The government is permitting prof
Ulcers to speculate in these securities
and rob the investors Liberty bonds
which we were assured would never
be worth less than par" are selling
for as low as 3d. A MOSCOW citizen
who had invested $500 in the bonds
and needed money for his business,
lost almost 5000 besides the accrued
interest when he was forced to sell
the bonds that he bought upon the
government promise that they would
never be worth less than par.
A Moscow woman, who had invested
$500, at sacrifice in order to help
the government, was compelled, by
misfortune to sell these bonds. She
got from 80 to SO for them and lost |
considerable sum-
Now they are talking Of floating an
other bond issue because European
countries which owe the United States
$40 ,O00, 100000 cannot pay the interest
now due, amounting to more than
$3.50 100000. 1t would be worse than
useless for the government to under
take to sell bonds to the public now.
There is no war to stimulate buying
and the people who we're bilked by the
governments inability to protect them
from prOfiteers, will not part with
heir money again in order that these
,rOfiteers may, in a few months, buy
he bonds at from to 10 per cent be-
ow their par value.
"a "a "a 4
ALLEGED SIGNALS FROM MARS.
Marconi, inventor of the wireless,
as created much discussion by an
ouncement that wireless Instruments
the world have caught Pc
uliar flashes, coming in sets of ,hrees,
hitch he intimates, may have come
rom another planet. This has been
nough to start a heated discussion
5 to whether the flashes come from
ars or Venus. Some OF the wise
eads and highbrows declaring they
)me from one and others that they
,n1e from the other of our two near
It neighbors. s1ssSf 8. - '-'~
The subject and the discussion are
teresting any may prove profitable
asmuch as they get our minds off
the "flu" and the treaty negot.a
ons in the senate and kindred
agues They afnuse a lot of peo-
e and they please the socalled wise
en- who engage in the discussions.
ach side is perfectly safe for there
no method of proving ihc debaters
e wrong.
Mars is blamed for great many
ings of which sac is M guilty. The
anet is charged with bringing on
ars. Scientists tel, us that the planet
densely populated with human he
gs of enormous size and is covered
tn a wonderful system of canals
ed for irrigation purposes Other
entists tell us, with equal earnest
SIS, that Mars is 100 degrees colder
IN the earth, has no atmosphere,
water. no moisture and is utterly
void of any sign OF animal or plant
J. All OF this is interesting Il not
,,<,t;ro r. ~