Historical Newspapers of South Carolina

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Not Four Loans FIVE AND l/ It is your business and my business to prepare for the approaching Victory Liberty Loan and invest as largely as each of us individually can. The following points are of vital interest td the people of this nation and should be carefully considered: 1. / This nation—your country and mine'— owes approximately $10,000,000,000 in unpaid war bills—for a Victory that we are now enjoying. 2.- The nation must pay this debt—if it is to continue to exist as a nation* among the nations of the world. 3. There are only two ways that the nation can secure the money—by bonds and by taxes. A - * 4. Taxes are already high and yet insufficient to meet our outstanding war obligations. * V 5. Therefore bonds must be sold. 6. Again, there are only two ways that sev eral billions of dollars can be sold—to the banks or to the people. _ ' ’ r 7. If they are placed with the banks, indus- tty; commerce will suffer, your business will suffer. The banks would be unable 8. to purchase several billion dollars o f Liberty Bonds and continue to loan money in sufficient quantities and at a fair rate to the business man. You cannot have your pudding and eat it, too. It is, therefore, your. business and my ■ business to prepare for the Victory Liberty Loan, that we may then invest as largely as each of us individuallycan—for Ameri ca’s welfare and for your own. THIS SPACE CONTRIBUTED BY M. S. BAILEY & SON, Bankers r - '' ... ‘ , • COMMERCIAL BANK BELL-WORKMAN BANK FIRST NATIONAL BANK i , f..' w.