Science Source ftp Apr 2015
EN_01170126_1060
Entitled: "The Empire's need. Men, munitions, money. Which are you supplying!". War bonds are debt securities issued by a government to finance military operations and other expenditure in times of war. The bonds also remove money from circulation and thus also help to control inflation. Treasury bills provided the bulk of British government funds in 1916, and were available for terms of 3, 6, 9 and 12 months at an interest rate of 5%. Although these were not formally designated as war bonds, advertising was explicit about their purpose. No artist credited, 1915.
2015-04-07
East News
Science Source
Photo Researchers
BZ6415
2,34MB
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