Show why farmers should buy and keep war bonds by R R renne president montana state college spaying financial reser reserves vesp paying off debts helping to light dangerous inflation and patriotism are all good reasons why partners fart lanners ners should buy and hold war bonds bond S A good financial reserve is an important part of sound farm management nana gement war bonds are safe in investments vestments and are almost as iq liquid d as cash thus they comprise an excellent financial reserve for unexpected needs and emergencies after the last war prices fell rapidly as they have alter every major war and thousands of June american rican farmers lost their air farms because they could not weather the economic storm no other factor is more essential for continued satisfactory farm opera eions ons through good years and bad than adequate financial reserves in addition to unexpected needs lor for emergencies farmers need adequate reserves to finance repairs replacements and improvements tents around the f farm arm difficult ties es in obtain obtaining i g needed materials and labor for these expenditures cause farm buildings and e equipment quip to wear out faster during we he war period than in peacetime if farmers can wait until some time rae after the war ends to make these ese repairs and imp improvements r their air dollars should go farther than they y will immediately following the roe war and better quality ma serials bials will probably be available moreover too rapid or forced cashing of war bonds immedi immediately ate IY after the war could created create a serious situation and contribute to binds est st war inflation also holding ads to maturity makes it ble oie for the farmer to increase his vestment by one fourth through cumulated accumulated mt interest erest still another reason for having a good reye serve in the form of war bonds is that mat funds will be available for alie ne boys when they return to ast list them in getting established in peacetime pursuits many farmers still have C t erm mortgage debt out anding standing tn ding against their proper ty investment in war bonds now makes it possible for the farmer to help finance the th e war and at the same time accumulate the funds which will enable him to liquidate his debt in a lump jump sum after the war systematic purchase of war bonds furnishes a very orderly and sure way of accumulating the necessary funds for liquidation of debt that tl hat requires large lump jump sums for settlement the extremely heavy expenditures required to carry on modern total war creates high purchasing power which combined with shortages of materials an and d labor cause serious inflationary threats most MO st farmers can remember the very high prices which occurred during the last war and the very low prices and a nd depression which followed with the present presen t scale of operations much greater than during the first war it is imperative that widespread inflation in general prices and in ian land d be prevented using surplus funds to purchase war bonds helps he alps reduce inflationary pressure in in commodity markets andt and at the sa same me time helps finance the war building financial reserves re serves paying off de debts ts and fighting inflation comprise adequate reasons for buying war bonds however there is still another major reason why farmers should invest jil in war bonds until it hurts and this is the patriotic reason we are engaged in a very serious struggle to preserve democracy and our way of life the sooner we can win this th I 1 s war the fewer lives of our sons and daughters daughten rs will be lost our youth are m making aking great sacrifices battlefronts all over the the on world and it is up to each one of us on the home front to give all we large sums of money are have needed for winning the war and if we will all buy war bonds to the limit of our resources voluntarily we can help finish anish the war at an early date vy majury l |