Evening Republican, Volume 22, Number 54, Rensselaer, Jasper County, 5 March 1919 — WHY YOUR MONEY IS NEEDED—HOW IT HELPS [ARTICLE]

WHY YOUR MONEY IS NEEDED —HOW IT HELPS

Tbla Brief Questionnaire Qlvee Intereetlng Infermatien en the Victory Liberty Lean. The government already la exploit* fa* the Victory Liberty Loan, which will be Boated to April, in order that the people may atari caving for the purpose of la vesting to bonds of the “Victory leans.” The following brief questionnaire should tend to clarify the mind of any reader regarding the Victory Lotto: L ' bi • : . , Q. The war-being ever, why la there need of another great popular war leant A. The proceeds from the Fourth lean, according to Secretary of the Treasury Glass, were exhausted lari December, and the government must have billions more with which to maintain our farces overseas, bring the rioters home ahd carry out Its reconstruction plana. Q. If Uncle Sam’s strong-box Is empty, hew la he paying his afteriwar expenses T A. This is being done with money borrowed from the banks at the rate i /Of $500,000,090 every two weeks, shortterm anticipation certificates of indebtedness being issued In return. Q. As long as the banks are advancing the money, why not let them continue to do sol A- Because to order to continue to extend credit-to the business interests big and little es the country the banks must get back this money—amounting to 90 per cent es their entire resources—when It falls due, as only thus can the prosperity we new enjoy be continued. Q. Will the Victory Loan be offered to the people on a commercial basis, or will their patriotism again be appealed tot A. Secretary Glass says the patriotism of the American people will be relied upon to aead the loan triumphantly “over the top." It, however, will be mads particularly attractive aa to rate of interest and period of maturity. ** ~ - t - - ■ " s Q 1 What are the monthly war expenditures es the government at the present timet AT The latest official figures shew that Uncle Sam la expending money at the rate es more than 62,000,600,000 a month. - Q. Suppose I bought bonds of precoding issues and feel I can’t afford to buy any nut Liberty bonds? A. Undo Sam has to pay his bUl* and yon most afford H, even If yen hnvu to continue for a farther time denying yomrsetf luxuries and afferent necessities. Unless the Victory Liberty Loom Is n success the geeurnment win be compelled to ktos the money it needs by direct toxnttsn. and