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title: 'Monroe City Democrat. (Monroe City, Mo.) 1888-1919, April 11, 1919, Image 8',
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Image provided by: State Historical Society of Missouri; Columbia, MO
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HERE IS GLORIOUS
EUROPE'S IP IS
TO GET INTEREST
THOUGHT R THIS
IN AMERICAN HOMES IT 18 NO
LONGER NECESSARY TO READ
WE ARE CALLED TO ARMS
We Muit Furnish Our Dollar As a
Measure of Gratitude For
"Why seek ye the living among the
dead?" was asked of the disciples on
memorable Kaster morn some nine
teen hundred years ago and the sound
of the questioner's voice brought Joy
Co the hearts of the dixciples.
In thousands- of American homes to
day there is no longer need of seek
ing news of the living In the dally
casualty lists. The strain and. worry
of uncertainty has been removed from
the hearts of thousands of American
parents and in its place has welled
Jte spring of gratitude which must seek
v XJmtltade not only for the son's re
turn In good health and with broad
ened outlook, but for the return of the
millions of other sons who shared the
Clorioua work of making the world a
better place In which to live.
Hostilities have ceased over there,
but the call to arms is sounding over
here. The Victory Liberty Loan, the
thanksgiving loan, the loan that is to
pay for the great victory and wipe the
late clean is to be offered the people
of the United States on April 21.
Uncle Sam needs this money to pay
for the vast military preparations nec
essary to defeat the Hun. Our war
' preparations were at the high mark
of production when the Germans gave
op. To pay for the war supplies con
tracted for, to bring the boys home
and to finance the period of readjust
ment of business conditions will re
quire billions of dollars. We must
furnish them as a measure of our
gratitude that the war is to be paid
for in American dollars instead of in
valued American Uvea.
MUST ABSORB LOAN
OB HUBT BUSINESS
If Banks Were Forced to Take Vic-
tory leeue They Would Exhaust
, ''' ! '!'" Money. i ,.,
' ' , ...
That the Victory Loan, like its four
predecessors, must be a "people's
loan" is especially stressed by Carter
Glass, secretary of the treasury, in a
statement to the public, it is not to
he a "bankers' loan." The nation's
business situation depends upon as
wide a distribution as possible of "the
Vicjory Notes (short-term bonds).
"The banks, it iu pointed out, must
be left free to advance money tot busi
ness purposes; to the merchants and
manufacturers and the farmers. If all
the banks' money is tied up in loans
to the government, it btands to rea
son that there will be none left to
lend on crops. It would mean "tight
money," which means high interest
latcs and refusal to extend notes and
a general hardship upon the men who
depend upon the banks to assist them
in carrying on business and agricul
ture. The need for the billions the Vic
tory Loan will bring is plain to any
man who stops to think. The war is
HOt OVer, thOUEh th nnn
has ceased. The Mil m .
up. Millions of men are still in uni-
lorm, drawing pay and food and cloth
ing. The secretary of the treasury
VOI-IU4 CO .
"Government contracts cannot
repudiated. The eooda mw v,o
for in full. Our shipbuilding activities
uiuai curriea ouu
So. it can easilv b flPAM that
job is not finished. What would you
think of a farmer who built him a
tiouae, laying the foundation, putting
up me waus, ceumg the rooms and
orgeiung ine roori
' The roof will not hn nut' nn mm nn.
tkmal houee until the Job is finished
and the bills paid.
The campaign for Victory bonds will
feegtn on April SI. The exact details
- of the issue have not as yet been an
nounced, but it is considered certain
that the notes (short-term bonds) will
fee made an unusually attractive in--vestment
TOU ORDERED VICTORY. PAY
!THE PRICE NOT IN TAXES, BUT
IN LENDING TO UNCLE SAM.
TIVTH LIBERTY LOAN.
THE NATION OWE8 BILLIONS FOR
WINNING THI8 WAR AN3
MUST PAY IT.
IT IS A DEBT OF HONOR
The Victory Liberty Loan, the Last of
a Historic Series, Should Enlist
Your Individual Aid.
This country Is thinking harder
about taxes right now than it has in
many years. It is pretty generally un
derstood that when the Government
wants money that it has but two Im
portant ways of getting the needed
funds. It can raise the tax rates, or
it can issue bonds. Of the two meth
ods It is a great deal easier on the
taxpayers of the present to issue
boids. Also when the taxes are about
as high, ii caa be levied it is almost
necessary to float & bond issue rather
thai to file taxes upon taxect.
The income taxes are not raising
the money that was expected in some
quarters. For instance Jt Is the gen
eral beflef In the cities that the farm
ers are wonderfully prosperous and
yet but 14,000 filed income tax returns.
And there are more than 6,000,000
farmers in America!
Others who are not swelling the in
come tax lists to any great extent are
the men in the mechanical trades, an
industry that has been receiving the
highest wages ever paid.
The failure of the Income tax
scheme to raise the amounts expected
has forced the Government to. look
further for the necessary money. The
extraordinary demands that will be
made on the nation's resources for the
reconstruction period have made it
necessary to float a Fifth or Victory
Liberty Loan. The ordinary ways of
money raising will not give the sums
required even should their results
$ of money raising by
means of popular loans will mean the
placing of consumption taxes on tea,
coffee, hides, wool and other house
hold necessities. Raising this money
by means of subscriptions to a Liberty
Loan 1b by far the easier way both
for the Government and for the tax
payer. He lets the country have his
money, he gets the bond and the in
terest that accrues. As the years pass
the strain of the war will lessen and
a reserve of funds will be built up to
take care of the Liberty Notes (short
term bonds) as they fall due.
We have all been profiting by the
Junds raised. In the earlier Liberty
Lioans. raid out in wages in war
plants, for foodstuffs from the farms
or for materials used in war industry,
mosi oi me money has remained in
the United States. What Is true of
these loans will be true of the Fifth.
It will aid every man and every busi
ness in America during the difficult
after the war days.
NOTHING TO FEW IN
Readjustment Period Wilt Be Passed
When Victory Loan Is
Mr. Business Man. do not be afraid
when the fifth and final Libertv Loan
campaign begins on April 21. Do your
patriotic duty and your business duty
to yourself. Support the loan with
your money and your work. Back
up the boys who have made peace a
leallty Instead of a possibility.
We are beginning to pass through
the brief period of readjustment. Do
not let temporary conditions influence
your participation in the Victory Lib
erty Loan. The nation, by April 21,
will have passed the crisis in the
great readjustment necessary to put
the country back on a peace basis.
Instead of going into the Victory
Liberty Loan as you have done la the
previous loans with the prospect of
higher prloes and greater difficulty in
doing business confronting you, you
will be doing your share to pay for the
victory won, with the prospect of bet
ter business conditions. No one need
fear to make a large initial payment
on bond purchases. .
By helping the government take
care of our wounded, bring home our
boys from across the water, maintain
what forces we must keep overseas,
and pay our national war debt, you
help yourself. The Victory Liberty
Notes (short-term notes) probably will
be' the best of all. They will bear an
attractive rate of interest and will
, Lo lor a short term of years.
KING8 DETHRONED AND EMPER
OR8 ABDICATE, MAKING WAY
FOR RULE BY PEOPLE.
VICTORY LOAN'S PART
Previous Loans Had Important Part
In Winning the War, But This
, Loan Muot Be Floated.
If you will take a look at the map
of Europe and recall the things that
have been happening in the last four;
years you will see at a glance that twd
thlrds of the European Old World has
been overturned in a governmental
There are many vacancies in the old
lists of kings. The Russian nobility
has been wiped out. It has disap
peared from the Almanac da Gotha,
the Red Book of Royalty. .
A Kaiser is gone in Germany, a
dozen kings in the German states, the
rulers of Rumania, of Bulgaria and of
Greece. There may be others who
will follow for. there is a strange and ;
new spirit abroad in the world, a new '
and yet a very old sririt.
in Europe there are some hundreds
of millions of people, freedom crazed. ;
Every man ef them is, Individually, I
wanting a personal hand in the mak-i
lng of new laws. A million sound and
crazy theories of government are be-1
lng Jumbled together.
There is not the slightest objection :
to their forming such governments as '
they want They can reorganize along
their own lines. There are no fetters '.
on them. They are free to set up such
democratic governments as they want.
Doubtless there would be little objec
tion to certain slates going back to
the monarchlal Jform if the people
thought that best?
Right now the Allied nations have a
slow and wearisome Job. The tedious
task of impressing the points of this
new deal on the people who are com
ing into control in the chaotic em
pires. In brief, the Germanic idea
must be stamped out and uprooted.
If it is not done we may have to
fight Ois war all over again in fifty
years. Therefore we Americans are
staying till the end and doing our
best to see that there is a new and a
fair and square deal. All of which Is
costing us money, but it is a mighty
good way to pay our peace insurance
Therefore there is a call for an
other Liberty Loan subscription. Do
not get the idea that it is not as im
portant as the others were. Our sol
are stiH standing along the
line of clvflizatTbou
picKci une oi civilization,
Those other Liberty loans were
training loans, and transportation
loans and fighting loans, but this one
Is the reorganization, the rehabilita
tion and reconstruction, the reclama
tion, peace and ' rescue loan. And
don't let any one te'l you that it is
the least important of all the loans
that have been offered.
We want the world to start out
again with a fair chance. ' We hope
to see a good many time honored
abuses wiped out forever. We want
to see the Prussian spirit tamed and
the German spirit in general weak
ened till it will never again menace
the earth. And because of these
wishes and hopes we are not turning
our back on Europe. We want to feel
safe when it is all over and the treaty
signed, sealed and delivered.
This last is the Peace Loan as well
; as the "Victory loan. And we want
to make it an enduring peace.
BONDS ARE LISTED AT PAR
National Convention of Insurance Men
Recognize Liberty Security
The national convention of Insur
ance commissioners recently decided
that in the auditing of all insurance
companies for the year endfhg Decem
ber 31, 1918,' par would be allowed for
all Liberty Bonds. .
Financiers see in this action of the
always careful and always conserva
tive insurance . commissioners a cer
tain indication that the present low
prices of Liberty Bonds cf the first
four issues are only temporary and
that the bonds are soon to go above
The action should be an incentive
to the private owner of Liberty Bonds
to hang on. '
A Vote cf Thanks.
The people of the United States will
cast their vote of thanks to their
brave sons who" whipped the Germans
when they buy Victory Liberty Notes
(short-term bonds) in tho Victory Lib
erty Loan. . " ' 1 .
521 Maine Street.
Are arriving daily. A most extraordinary show
ing of distinctive spring fashjons, replete with
exclusive innovations that are delightfully char
acteristic of the world's foremost designers.
You not only protect your savings, but you get paid
for doing so when you have a savings account at this
bank. Money that's idle means money wasted. Put
your savings to work and watch the interest grow.
We watch both the principal and interest for you and
relieve you of all the banking worries.
CAPITAL AND SURPLUS $100,000.00
J. S. Scott, President M. B. Proctor, Cashier
J. J. Brown, Vice President J. S. Rutledge, Asst. Cashier ,
J. S. Scott, Wm. Buckman, P. W. Huston, R. S. McClintic, J.
J. Brown, J. V. Proctor, Leo. Bell, D. R. Davenport, M. B.
MONROE CITY BANK.
Among the curious things dis
posed of by the will of Mrs. Minnie
Westpheling, says' The Paris Mer
cury, was a German cook book writ
ten in long band over a century
ago. Another item was four tons
of old . newspapers and nearly a
wagonload of spools. The family,
according to The Mercury, seems to
have destroyed nothing, and among
Mrs. WestpheliDg's possession was
an old hair brush which bad belong
ed to her mother, and which she
kept with the strands of hair in it
that were left when her mother
combed her hair the last time.
Mies Grace Quick, who underwent
an operation for appendicitis in
Quincy about two weeks ago was
able to return to her home in this
city Saturday, . .
Russell Newman, perhaps the old
est man in Idado, and reported to be
the oldest Odd Fellow in the United
States, is dead at the home of his-
son in Midvale. Newman had been
a resident of Weiser. Idaho, for a
years, and until within two weeks--of
his death enjoyed good health.
He was an active member of both
the Odd Fellow and Rebekah lodges
Newman was born in Kentucky
March 20. 1811, and was a pioneer
in Missouri, Colorado and Idaho. -.
"Riders of the Purple Sage" is the
class of Western that v outclasses
all others. From Zane Grey's
novel by the same name. Gem
Saturday, April 12, at 8 o'clock.
. Miss Sue Hardcastle, of Moberly
spent Sunday in this city with her
uncle, C M. Smith.