Hope Star from Hope, Arkansas on June 3, 1943 · Page 5
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Hope Star from Hope, Arkansas · Page 5

Hope, Arkansas
Issue Date:
Thursday, June 3, 1943
Page 5
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^^.^^ff^WW^IT 7 i ' \f»", .^t?.>^?l ,*<•'.», r ; - -pb" V '* ' ,'''" iuf«Joy, June I, 1943 HOPS STAR, HOP'C, ARKANSAS PAGt flVI J <M of the -,1 -^* A report on the most tremendous financing task in history - - - the Second War Loan INURING the three week's between April 12 and May 1, the American people tackled the biggest job of financing in the history of the world. In these three weeks it was proposed to raise the sum of 13 billion dollars, or more than half as much as was raised by five drives in the first world'war. It was obvious that the task was hopeless unless the people of the nation were desperately in earnest about the war. And it was equally obvious that here was, so to speak, a thermometer by which the fervor of the people could be measured with reasonable accuracy. This is why we believe you, as an American citizen, can take pride in this report. For it was written solely by you, the people. The result/ in dollars Our goal was 13 billion dollars. Actually, the American people subscribed 18 billion, 500 million dollars. This was 90% as much as was raised in all five drives of the first world war combined. It was, I think, as much a victory for America and the iree American democracy as any military triumph. Where did the money come from? You will be interested in where this W/ 2 billion dollars cam< 'om — for every dollar invested in War Bonds is more than a purchase; it is a demonstration of faith. The chart below shows the portion of the 18>/ 2 billion that came from commercial banks. .They were eager to buy more, but were limited to set amounts: COMMERCIAL BANKS *5Bilr War Loan Dec.1942 «° War Loan Apr. 1943 Insurance Companies and other Corporations know that 'there is no sounder investment than a U. S. Bond. The chart (top of the next column) shows their purchases; INSURANCE COMPANIES AND CORPORATIONS, War Loan Dec.1942 2 HO War Loan *; Apr. 1943 Excludts Dialtrs and Brokers 'Naturally, it was your money that bought the bonds in the two groups above — for you are the people who put your, money in banks and invest in insurance. But how about what might bet called your "personal" money? ,... i. That is a very important question, for it is vital that Americans, as individuals, buy War Bonds with all they .can spare. Our goal, here, was 2'/ 2 billion dollars. The chart below 'tells the story: INDIVIDUALS I" War Loan Dec.1942 Goal Actual Sales, 2 ND WarLoan Apr 1943 50 million bondholders To review your record to date, almost half our entire population own at least one bond — including .infants, children, the lame, the halt and the blind. Or, to look at it in terms of those best able to buy bonds, see the chart at top of next column:. 5/, Of all the people earning money HAVE BOUGHT BONDS Who gets the credit? ' - * The credit for the 2nd War Loan goes to the people. It goes to the children who put dimes and quarters info war stamps. To everyone who bought a bond. To thousands of patriotic banking people. To advertising people who donated their creative talents. To patriotic merchants and companies who paid the bill for war bond messages. To radio stations, newspapers, movies, outdoor advertising companies, and publications. But chiefly, perhaps, to those who turned voluntary bond salesmen—a loyal legion of patriots. 10 out of every 1,000 men and women in the U.S. were VOLUNTARY BOND SALESMEN During the 2 ND War Loan Drive What lies ahead? Yes, America's record is good. But we cannot become complacent — for our biggest financing job lies ahead. In the first 4 months of this year, we raised 25 billion dollars. During the balance of this year we must raise 45 billion dollars more. The war is costing us 100 billion dollars this year. Part o! this will come from taxes, and the balance must come from War Loans. . o You, as an American, can take pride in what you have done. You have shown the Axis that Americans on the home front, like Americans on the battle front, will do all that is required of them — and more. But our need is great. Dig as deeply as you possibly can and invest it in War Bonds now —either through the Payroll Savings Plan or through special purchases. Don't wait for "drives." We must win this war with bayonets — and with dollars, We who stay home in safety must provide the dollars — all that are needed. It is the very least we can do. 0 Tht publication of this announcement is made possible by the following firms and individuals: Citizens National Bank First National Bank Ward & Son Roy Anderson & Co. Tolbot's White & Co. Hotel Barlow Ladies Specialty Shop Hope Hardware Co. Hope Coca-Cola Bottling Co. Briant's Drugstore Chas. A. Haynes Co. Hope Retail Lumber Yard J. C. Penney Co., Inc. R. L. Gosnell Men's Store Morgan & Lindsey Western Auto Associate Store Checkered Cafe Diamond Cafe Hempstead County Lumber Co. B. R. Hamm Motor Co. Geo. W. Rpbison & Co. Saenger and Rialto Theatres Olie's Dairy Scott Stores Rephan's Department Store Hope Auto Co. Allen Electric Service Hope Builders' Supply Co. Wade Warren Ritchie Grocer Co. City Bakery Arkansas Louisiana Gas Co, Monts Seed Store Greening's Insurance Agency R. M. LaGrone, Jr., & Co. Bob Elmore Auto Supply Hobbs Grocery & Market Young Chevrolet Co, Herndon-Cornelius Crescent Drugstore Louisiana-Nevada transit Co, Hope Basket Co. Union Compress & Wo rehouse Co. Bruner-lvory Handle Co. m *

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