Jefferson County in Th World War; An Historical And Sociological Study of One Indiana County During the War Period, 1917-1918

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W. Schneider, The Courier Co.
Victory Loan.
The fifth government loan, known as the "Victory Loan," the drive for which was pushed in April 1910, was made necessary by the aftermath of the war. Though the actual fighting was over the expenses were not, by any means, and large sums were still required. This time Jeffer- son Countv was called upon for S480,000. which amount was raised with little trouble through the various banks.
War Savings Stamps.
Another method employed by the United States t
...o Raising Money for the War.
raise war funds was by the sale of "War Savings Stamps," whereby the small investors could contribute to the financial support of the nation. These stamps, which were to be re- deemed at the end of five years with accrued interest at the rate of 4%, per annum, could be paid for if desired, in 25 cent instalments, and by this plan it was deemed subscrip- tions could be secured from large numbers who could not invest in liberty bonds.
The Jefferson County quota was $409,660, equalling $20 for every man, woman and child in the county.


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