Science Source ftp Apr 2015
EN_01170126_0872
"Ring it Again. Buy a United States Government Bond of the Second Liberty Loan of 1917. Help Your Country and Yourself." A Liberty Bond was a war bond that was sold in the United States to support the allied cause in World War I. Subscribing to the bonds became a symbol of patriotic duty in the United States and introduced the idea of financial securities to many citizens for the first time. The Act of Congress which authorized the Liberty Bonds is still used today as the authority under which all U.S. Treasury bonds are issued. Second Liberty Loan offered $3 billion in bonds at 4 percent. Through the selling of Liberty bonds, the government raised around $17 billion for the war effort. Considering that there were approximately 100 million Americans during that time, each American, on average, raised $170 on Liberty bonds
2015-04-07
East News
Science Source
Photo Researchers
BZ3197
1,34MB
23cm x 35cm by 300dpi
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