Word: nationalism
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Dates: during 1910-1919
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With three Liberty Loan campaigns successfully launched and taxation assuming proportions which involve every phase of American life, the question of the better method of financing the war is one of foremost importance to the entire nation. There are economic aspects and there are political aspects; one must be tempered by the other and both must receive their...
...possesses political and psychological advantages of undoubted merit. Where the public, already crushed by the tax-collector's demands, would not stand any increase in taxation, it gladly buys bonds. There is no better stimulus than a Liberty Loan campaign for arousing patriotic spirit and putting the whole nation behind the wheel of war. Bonds have their serious limitations, but they stir the popular imagination...
...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...
...undergraduate not entering the service at once; the idler is as bad as the draft dodger. Nor can it be a question of training on one hand against war work on the other. Do both--train for six weeks for your own future call, and then work for the nation's present needs until September 23. For no man in the United States should the summer of 1918 be called a vacation...
...years ago have given way to a new conception of society. Already gaining headway before the war, it has now expanded into the greatest force in human relations. There is no more certain sign on earth than the modern tendency toward a more communistic and socialistic organization of every nation's life...