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Editorial January 21, 1944

The Coolidge Examiner

Coolidge, Pinal County, Arizona

What is this article about?

Editorial urges Coolidge residents to buy extra war bonds for the Fourth Loan Drive to meet $237,000 quota, highlighting government war spending, inflation risks, and an example from San Carlos Scottish Rite club, emphasizing support for troops.

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COOLIDGE IS GOING to have to make herculean efforts to meet the quota in the Fourth Loan Drive, which started Tuesday. It was difficult to raise the amount we did in the third drive but you can bet your bottom dollar it's going to be harder this time.

Two hundred thirty-seven thousand dollars doesn't grow on trees. The greater part of this is to come from little fellows like you and me, not from the big corporations.

So far, some $50,000 in Coolidge has been reported. That's still a long ways from $237,000.

COOLIDGE BUSINESSMEN can be counted upon to do their part, as they have in the past. As an example of what can be done, 30 members of San Carlos Scottish Rite club purchased $17,500 of bonds Tuesday night of this week. That's better than $580 per member. It's something to shoot at.

FEW PEOPLE STOP to think that our government is spending about $277,000,000 a day for war purposes. From May of 1940 to September of 1943, total expenditures for war exceeded 128 billions of dollars. We're told that in each 10-hour period, our government must spend more than the entire cost of the American Revolution.

This is one of the reasons we have to buy bonds and keep on buying bonds. Another is to use our purchase of bonds as a brake against inflation.

IT'S THE EXTRA BOND that is being sought. Most of the public are regular bond buyers. The government realizes this but wants all of us to dig down deeper and scrape up enough money to buy an EXTRA bond. Don't think your little bit doesn't count - it does. Just get in there with those dollars of yours and support the Fourth War Loan Drive. Show our men who are doing such a fine job on the battle front that we can do our job on the home front.

What sub-type of article is it?

Economic Policy War Or Peace

What keywords are associated?

War Bonds Fourth Loan Drive Coolidge Quota War Spending Inflation Control Bond Purchases

What entities or persons were involved?

Coolidge San Carlos Scottish Rite Club Government

Editorial Details

Primary Topic

Urging Coolidge Residents To Buy Extra Bonds For The Fourth War Loan Drive

Stance / Tone

Patriotic Encouragement

Key Figures

Coolidge San Carlos Scottish Rite Club Government

Key Arguments

Coolidge Must Meet $237,000 Quota In Fourth Loan Drive Starting Tuesday Most Funds From Small Contributors, Not Big Corporations $50,000 Already Reported, Far From Goal Businessmen Expected To Contribute As Before San Carlos Scottish Rite Club Bought $17,500 In Bonds ($580 Per Member) Government Spends $277,000,000 Daily On War War Expenditures From May 1940 To September 1943 Exceeded 128 Billion Dollars Each 10 Hour Period Costs More Than Entire American Revolution Buy Bonds To Finance War And Combat Inflation Seek Extra Bond From Regular Buyers To Support Home Front

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