Salt Lake Telegram | 1931-04-14 | Page 4 | Today's Anniversary

A TODAY'S ANNIVERSARY On April 14 1917 the house of representatives rep rep- passed without a single negative e vote a bill to finance the prosecution of the war against Ocr Ocr- many Three days later the 5 senate nato passed the thc bill without opposition The bill authorized the issuance of bonds to the amount of of which was to be loaned to the tile nations comprising the entente alliance also the the issuance issuance of treasury certificates for ultimately to bc be met by Increased taxation The bond issue as proposed was the largest in the history of oC the world Under the tho terms of oC the bill the president and secretary of the treasury were to be unhampered in making a loan of or to the allies The obligations of or the foreign countries were to be tak taken n na a at par