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Show Security Via War Bonds The purchase of a War Bond docs not establish the patriotism of any citizen of Sanpete Valley, but failure to participate in the Fifth War Bond Drive, when financially fi-nancially able to buy a bond, certainly suggests a lack of loy- alty. It would not be essentially wrong for the nation to insist that the owners of capital make a direct contribution to the cost of the war, especially when we know that capital reserves of all j kinds would become worthless in the event that our enemies triumph. A man worth $1,000,000 stands to lose ten times as much as a man worth $100,000 in the unlikely event of our defeat. The government, however, does not ask its people, whether capitalists capi-talists or wage-earners, to give any part of their protected property. prop-erty. Instead, it seeks a loan, promising to pay reasonable interest in-terest for all money that it borrows. bor-rows. To permit us to guarantee the safety of our stake in American Ameri-can capitalism, without exacting a toll, represents a distinct bargain bar-gain to those who possess anything. any-thing. Nations have financed wars by the process of confiscation, either of the goods of an enemy people or of their own nationals. Germany has ruthlessly exploited conquered peoples in order to secure necessary materials and the Nazi regime has been highhanded high-handed in regard to its own citizens. The Russians have managed to wage a remarkable war without stupendous borrowings. It would be possible for the United States to seize any property necessary to war-making and to confiscate plants and capital in order to successfully defend this country. coun-try. The fact that the nation seeks to borrow from its people and assumes as-sumes the tremendous burden of interest that inevitably follows is substantial insurance for the continued existance of our capitalistic cap-italistic system. The insurance, however, will be void if those who enjoy the fruits of capitalism capital-ism are unwilling to lend some of their financial strength to the support of the nation. 'ihe purchase of a War Bond offers every citizen the opportunity oppor-tunity to effect some savings, which 'is advisable during an era of lush profits and high wages. Every dollar invested in a War Bond represents a capital reserve, set aside as financial protection in the advent of adversity. That is a wise precaution for every individual and every business and should be undertaken re-gardlessof re-gardlessof the war-necessity. The quota for Sanpete County in the Fifth War Bond campaign is $372,000.00. This amount is not excessive in comparison with the wealth and resources of this county. Prompt investment of excess ex-cess capital will not only "back the attack" but go a long way to fortify us against possible depression de-pression after the war. |