United States. War Loan Organization
Organization
Biography
During World War II, the United States established a comprehensive War Loan Organization to finance its military expenditures. The government launched a series of War Bond Drives, encouraging citizens to purchase war bonds—debt securities sold at 75 percent of face value—which raised approximately $150 billion between 1942 and 1945, supplementing increased taxes and helping to prevent inflation by channeling excess cash away from consumer spending.
Found in 1 Collection or Record:
Smith Family Papers
Collection
Identifier: 000049
Abstract
The Smith Family Papers contain materials related to the life and military service of Commander Xavier Martin Smith, USNRF, and his wife, Mary Bartol Smith. This collection includes personal documents, correspondence, greeting cards, invitations, photographs, postcards, newspapers, military documents, and oversized materials. Additionally, this collection contains substantial legal, financial, and personal documents related to James Bartol, an auditor for the Baltimore and Ohio Railroad and...
Dates:
1884 - 1949