News
Garber Announces Advisory Committee for Harvard Law School Dean Search
News
First Harvard Prize Book in Kosovo Established by Harvard Alumni
News
Ryan Murdock ’25 Remembered as Dedicated Advocate and Caring Friend
News
Harvard Faculty Appeal Temporary Suspensions From Widener Library
News
Man Who Managed Clients for High-End Cambridge Brothel Network Pleads Guilty
If you lend your money to the Government, you may be quite sure that it is going to be used for some national purpose--to prosecute the war successfully, to care for, equip, arm, and supply our soldiers in France, to be used by our Navy in ridding the seas of the murderous U boats.
But if you spend your money even with the belief that by putting it into the channels of trade others into whose hands it comes will lend it to the Government, you will have done something the patriotism of which may be very questionable.
First, you have withdrawn from the supply of material of the Nation something to replace which in the market will require labor and material which should be devoted to war purposes.
Second, the person to whom you pay your money may also use it to purchase things requiring material and labor which should be devoted to war purposes. And the person to whom he pays it may repeat the operation.
But when you lend your money to the Government instead of spending it, you will at once lessen the drain to a certain extent on our country's resources, its material, its labor, and its transportation facilities, and in addition you supply your Government with money to be used in winning the war.
Every purchase of a Liberty Loan Bond is an individual act toward bringing victory to America and her allies.
Want to keep up with breaking news? Subscribe to our email newsletter.