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Editorial
July 27, 1944
The Lincoln Times
Lincolnton, Lincoln County, North Carolina
What is this article about?
The editorial criticizes seasonal war bond drives for fostering temporary patriotism and advocates a continuous 'ten percent plan' where Americans save at least 10% of weekly earnings in bonds for the war's duration, treating it as deferred wages with interest.
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TEN PER CENT FOR THE DURATION.
Because the war loan drives are carried on for a few weeks and then stopped, a lot of people seem to have come to think of patriotism as a sort of seasonal affair. Just as some of us confine our religion to Sundays, a lot of good Americans will chip in during the bond drives, help their town reach its goal, and then, when it is over, take a vacation from thinking about the cost of war.
Because of the temporary nature of enthusiasm, the total sale of bonds is probably greater, as a result of these spurts, than it would be if an attempt was made to keep us continually worked up about bonds. But the high sale during drives may also have a lot to do with the increasing number of bonds which are being cashed in each month.
The ten per cent plan-whereby we all make up our minds to put at least ten per cent of our weekly earnings into bonds for the duration has more lasting value than the "drive" plan. As long as the war goes on there is no reason why each of us cannot consider ten per cent of our wages as money to which we are not entitled until the war is won—and which will then be handed to us with interest.
Because the war loan drives are carried on for a few weeks and then stopped, a lot of people seem to have come to think of patriotism as a sort of seasonal affair. Just as some of us confine our religion to Sundays, a lot of good Americans will chip in during the bond drives, help their town reach its goal, and then, when it is over, take a vacation from thinking about the cost of war.
Because of the temporary nature of enthusiasm, the total sale of bonds is probably greater, as a result of these spurts, than it would be if an attempt was made to keep us continually worked up about bonds. But the high sale during drives may also have a lot to do with the increasing number of bonds which are being cashed in each month.
The ten per cent plan-whereby we all make up our minds to put at least ten per cent of our weekly earnings into bonds for the duration has more lasting value than the "drive" plan. As long as the war goes on there is no reason why each of us cannot consider ten per cent of our wages as money to which we are not entitled until the war is won—and which will then be handed to us with interest.
What sub-type of article is it?
Economic Policy
War Or Peace
Moral Or Religious
What keywords are associated?
War Bonds
Patriotism
Ten Percent Plan
Bond Drives
War Financing
What entities or persons were involved?
Americans
Editorial Details
Primary Topic
Advocacy For Continuous War Bond Purchases Via Ten Percent Plan
Stance / Tone
Supportive Of Sustained Financial Contribution To War Effort
Key Figures
Americans
Key Arguments
Seasonal Bond Drives Treat Patriotism As Temporary, Like Sunday Religion
Temporary Enthusiasm Boosts Sales But Leads To More Bonds Being Cashed In
Ten Percent Plan Provides Lasting Value Over Sporadic Drives
Treat 10% Of Wages As Deferred Until War Victory, Returned With Interest