THE FOURTH LIBERTY LOAN
September 17, 1918
The Government of the United States is asking us Americans, is asking us, the citizens of the United States, to subscribe to the Fourth Liberty Loan, a bigger loan than any yet issued. It is our duty to back up the Government by floating the loan. Moreover, the performance of this duty should be treated by us as a high privilege. It opens to us a fine opportunity to put our shoulders with all the strength we have into the great shove which is pushing the German barrier back across the Rhine.
The Liberty bonds are the best of all possible investments. Their security and their interest returns give them a peculiar position. Moreover, every one can invest in big or little amounts, exactly as his resources permit. All the people of this country can now become bondholders if they wish. Therefore, all investors in the bonds will get benefits, but what is vastly more important, they will give benefits. They will therefore render service to the country.
We Americans are not, and must not permit ourselves to become, swayed by question of material gain in this war. We must think primarily of our duties. We must keep our minds fixed on what we owe to others, and what we owe to ourselves. We owe a service to humanity. Our sons and brothers at the front pay this service in blood. The rest of us must pay it in money.
Commensurate with the great resources and unparalleled prosperity with which our Nation has been blessed, we owe all the more because for three years the debt accumulated, while other nations were bearing the burden for us. We thank God we have begun to pay. From every village and city of every state the best of our young men are streaming across the Atlantic to join the victorious army under Foch and Pershing. The men and women of America are keeping mill and shipyard and munition factory and mine busy to the limit, so that the troops may not fail nor the supplies on which they depend be lacking.
All this is not one whit more than we ought to do; it is what we owe to the world and owe to ourselves.We are glad and proud to do it. Let us, as part payment of our great debt, subscribe and oversubscribe to the bonds of the Fourth Liberty Loan. This is a service which lies within the ability of the poorest of us. It is the duty and privilege of every right American. Every dollar put into Liberty loans is a dollar working for the downfall of the system of greed and treachery, of tyranny and callous brutality which has drenched the world in blood.
Americans are not quitters. The Kaiser’s troops cannot stop our men at the front. Nothing must be permitted to stop the flow into the treasury of the money with which we back up these men. Sloth and easy living have no place in America now. We must give, give to the utmost. If putting our money at the disposal of the Government requires us to work harder and live more simply, we shall be the better for it. Let us buy these Liberty bonds to the utmost of our capacity and thereby show the men at the front that the people at home will back them to the limit.