Science Source ftp Apr 2015
EN_01170126_0856
Foreign Legion, 4th Liberty Loan Drive, New Orleans, Louisiana, October 2, 1918. 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. The Fourth Liberty Loan offered $6 billion in bonds at 4.25 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
BZ3181
3,18MB
41cm x 32cm przy 300dpi
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