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War Bonds

War Bonds in WWI War bonds are money that you give the government to finance wars in exchange for a certificate that entitles you to a larger sum of money in the future for their generosity. There were many ways that were used to advertise war bonds. The United States didn’t want only the civilians to buy war bonds, they also wanted and advertised to the soldiers in the United States. The military issued a series of five cards encouraging the purchase of war bonds. These cards were given to soldiers that fought in the fields and those soldiers who lived in military camps in the United States. There were ads for the civilians to buy war bonds as well. The civilian ad campaigns were carried out by the Treasury Department in Washington and other local Treasury branch offices. The Boston office and the ‘Liberty Loan Committee of New England’ came out with a series of ads with marvelous half-tone images. They also used patriotic themes such as Liberty Bonds Guarantee Our Ideals.’ The Liberty Loan Committee of the Second Federal Reserve District also produced several different sets of Liberty Bonds. These Liberty Bond ads were different from the others because they were line drawings rather then half-tones. There were different ways to influence people to buy war bonds besides advertising with posters and cards. The government enlisted the help of popular celebrities and politicians to help convince the public to support the country by buying bonds. Even clowns at the circus supported this effort. If you are wondering how war bonds work, let me tell you. War stamps could be purchased for 10 cents per stamp. After you purchased a stamp, you would paste it into a book until they added up to $18.75. After you did this, you were issued a war bond. After ten years each bond that you earned would be worth twenty-five dollars. This was a lot of money then so many people invested in war bonds. Let me tell you a little about the history of war bonds. war bonds have been used throughout United States history to help pay for the cost of waging war. The first bonds the government ever authorized were in the year 1790. These war bonds were used to pay off the debts of the Revolutionary War. Income taxes were used to help pay for the Civil War and the two World Wars, but that was not enough. Therefore war bonds were issued and played a huge role in the effort of raising money for the war effort. War bonds were a popular form of support for the war. Liberty Bonds raised $16,000,000 for World War I. This was an enormous sum of money for that time. These war bonds were traded on the New York Stock Exchange. Many people held onto their bonds after the war for sentimental or patriotic reasons, a bonus for the United States government because the bonds didn’t have to be repaid. If I had been alive during the First World War, I would have supported war bonds. Here are a few reasons why. I think that I would buy one because I would be making money on them in the end. I might even buy a second to keep it as a memorabilia of my support for the World War. I would tell others to buy war bonds because they would help the United States win the war. I would tell them how the war bonds would help to pay for more tanks, more supplies, more food, more shells, and more howitzers. The more supplies that the army gets their hands on, the more supplies the soldiers get; therefore, we wouldn’t run out of ammunition as quickly as the enemy in the battles. I would encourage those who couldn’t afford war bonds to help out with the war effort in some way. I would encourage them to help sell war bonds, sew uniforms, assemble weapons, and pack supplies for the soldiers. Word Count: 668

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