Word: bond
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Dates: during 1910-1919
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...coupon bond, Second Loan...
From the standpoint of patriotism, which prompted the original purchase of Liberty Bonds, there can be no excuse whatever for disposing of them. The purchaser of a Liberty Bond makes a definite, specific act of handing over personal funds to the Government, thus providing actual money which can be used for military purposes. Each bond is thus transformed into a concrete, positive unit of labor which is expended in beating the enemy. The more bonds bought, the larger the volume of fresh effort contributed...
Final enrolment blanks, blanks for physical examinations and $50 bonds to be assumed by prospective members of the Summer Camp at the University will today be sent to all men who have applied for admission to the Corps. The enrolment blanks should be filled out and returned as soon as possible to the Military Office, but the surgeon's certificate and the bond may be brought by the candidate when he reports in person. Government requirements that men accepted for training in R. O. T. C.'s should be fit for military service necessitate the physical examination, while the bond...
From a purely economic point of view taxation is the ideal method. War burdens cannot be shifted to the next generation, but hampering posterity by a bond issue can be prevented by levying the financial cost solely on present society. Moreover, taxation means a distribution of the burden according to ability to pay. It is as democratic as the conscription of an army; it will bring in exactly the desired amount; and it is certain in action. Conscription of wealth is in many respects ideal...
...America, therefore, we still maintain our balance between taxation and bond issues. The former method will no doubt be increased, but it will never supplant the latter as the most important source of war income. The power of taxation is the power to destroy. The power of borrowing is the power to enlist the support of the entire nation in the prosecution...