The Durant news. (Durant, Miss.) 1882-1985, 1943-04-08
Second War Loan Drive Opens Monday;
|Scobey Calls On Citizens 10 Respond
Community Choirmen In County
Named To Heed Drive

The people Of Holmes county win b
put to the acid test during the Second
War Loan, beginning April IL, it was
announced today by NJ. A. Scobey.
County Chairman.
1.-THE United States Treasury must
raise $13 billion during the Second War
Loan, and $685. 900 in Holmes county. A
substantial part Of this money must Be
loaned to our Government by people in
ordinary walks of life-you and me and
the fellow next door," Mr.. Scobey de-
clared. 1t is obvious to every thinking
man an woman that as the United
Nations take the offensive against the
Axis dictators, the cost of war operat-
ions increase in proportion.
"The staggering sums of money neces-
sary for the victory drive of the Amer
lean and other Allied armies and navies
. the task and the cost Of providing
food, transportation and munitions for
millions of men, over and above the cost
of equipment in planes, guns, tanks,
ships and other material . must be
borne, in large measure, by the Amer
lCdn peOpie lelI mere AZ uomc
at is not only necessary and right
that we should assume this additional
participation in the war effort-it il
an honor to do so. We who are left
here on the home front can do no less
han attempt to approach the sacrifices
of those brave men out on the fighting
fronts to whom the last great measure
of sacrifice is but a daily offering. They
give their lives. We lend our money.
while it is true-and this to the
everlasting credit Of the American peo-
ple-that there are more people today
who own Government securities han at
any time in the history of the nation
or the history of the world-the simple
facts of the matter are, it is not enough.
"If the people of Holmes county, and
every county and town in the nation, are
to meet their full Measure Of RESPONSE
bility, they must loan their Government
every cent not needed for the essentials
of living-and w have to revise down.
ward our ideas about what are essen
tials. In other words, you and o and
l must go on an all-out war basis.
"There are at the present time many
billions in liquid funds-cash and COM
mercial bank deposits-in the hands OF
the American people over and above
taxes, debt repayment, insurance, and
their present investment in Government
bonds over and above what they can
buy this year because of the restriction
or unavailability OF consumer goods.
This may amount to as much as $40
billion this year.
ut should be the objective of every
American to invest these 'loose' billions
in Government securities. Now, during
this Second War Loan, is the time to
invest liquid funds from both current
income and from past accumulations in
your Government. This Second War
Loan makes available to you a type OF
security for every pocketbook.
"This is not only a patriotic duty,
but a duty to yourself as we'll. Every
dollar which you nave available now
and do not invest in Government securi-
ties is a wild" dollar which may, to-
gether with it's billions Of brothers, turn
lHCo . IIdhhCHStciu uiS VA AoAo0
your cost of living to the point whore
your dollar will be worth no moro than
the paper it is written on. In short,
this loose money is likely to be The
cause of a wild initiation that will sweep
away your savings and send the preo
Of a loaf Of bread beyond what you now
make in a year. 1t can't happen! It did
in Germany! And that could happen
here.
"On the otehr hand, the dollar loaned
to your Government will work for you
in three ways: "a it will help hold
down initiation because it will be har-
messed to war work; (2) it will help
buy food, the transportation, the NUM-
tions that our boys out there in the
front lines need to win the good fight,
60 it will be earning interest that.
together with you original loan, will
come back to you later to help you buy
the things you can't buy today-to in
sure your piece of the future.
$50 let's not bubble about it. Let's
not shilly-shally and debate. Let's dig
down into our pockets; let's root those
dollars out Of The sdprA today and in
vest them in this Second War Loan.
Remember those Boys out there. They
give their lives--you lend your money"