Word: loan
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Dates: during 1910-1919
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...vote polled yesterday by the Freshman class on the question of the advisability of investing a part of the surplus of the class fund in the Liberty Loan was unanimous in favor of the proposed plan, as far as it was possible to ascertain last night. The result of the balloting at the Wakefield range is not ket known, but there is little doubt but that the votes there will all fall in the same direction...
Subscriptions to the Liberty Loan will close at noon tomorrow, and by that time $300,000,000 must be collected in New England to complete the quota of the $2,000,000,000 loan assigned to this section of the country. This large sum must be met in order to insure the complete success of the loan, and to meet it every individual should pay his share. To date there have been only 141,000 individual subscribers in New England...
...only must the loan be a success to insure the successful carrying on of the war and to make possible the thorough equipment of the army and navy, but it is at present the chief indication to the Allies and to Germany of how thoroughly this country is in the war. It is also the only way in which the majority of the people of this country can fulfill their share of the burden that the nation as a whole must bear. To give further opportunity for contributing to the loan, every bank in Cambridge and Boston will be open...
...Generally speaking, it is neither advisable nor necessary for people to sell the securities which they own, or to withdraw deposits from savings banks. Securities and savings deposits represent capital already invested. The capital can only be made available for the loan by selling it to others who have uninvested funds on hand...
...Take such an amount of bonds as you may reasonably expect to be able to pay for while the proceeds of the loan are being expended. This is entirely possible, since the bonds may be paid for on the instalment plan, and liberal borrowing facilities are available to all subscribers at the banks. The borrowing which this method of subscribing to the loan involves will not occasion serious credit inflation if the loans are liquidated about as fast as the proceeds of the bond issue are expended by the Government...