Jasper County Democrat, Volume 20, Number 60, Rensselaer, Jasper County, 27 October 1917 — WHO GETS THE MONEY? [ARTICLE]

WHO GETS THE MONEY?

When an Englishman, or a Frenchman, or a subject of any of the other allied countries, buys a government bond, he knows that a large portion of his money will he spent outside his native land. When an American buys a government bond, he knows that every cent of his money will be spent right here at home. It will be spent on the navy, the army, in cantonments, in shipyards — in a myriad ways and places —but none of it will be spent abroad. Thus, when a man buys a SIOO Liberty bond of the second issue—or a SI,OOO bond, or a bond of any other denomination that may suit his ‘pocketbook —he may possess the comfortable feeling that he is contributing directly to the prosperity Pf America. Nearly $80,000,000 is now being spent in navy yards, training stations, 'submarines and aviation bases, warehouses for supplies and munitions, shops, foundries, shipways, drydocks. The shipyards of America are now taxed to the utmost in building destrovers and submarine chasers, and contracts have been made for 32,000ton battleships, five battle cruisers of 35,000 tons each, six scout cruisers and many auxiliary craft. The navy has patrolled the American coast since the day we declared war on Germany; and for this purpose w*e have requisitioned yachts, fishing vessels, motorboats and other minor craft. ■ These are but a few of the ways in which the Liberty bondholders’ money la spent; but they are enough to answer the question which heads this editorial. And the answer to that question is: “We get the money, of course.