war bond

Examples of war bond in the following topics:

• Financing the War

  • The name of the bonds was eventually changed to war bonds after the Japanese attack on Pearl Harbor on December 7, 1941, which resulted in the United States entering the war.
  • The War Finance Committee was placed in charge of supervising the sale of all bonds, and the War Advertising Council promoted voluntary compliance with bond buying.
  • Savings Bonds as war bonds from 1941 to 1980.
  • These were marketed first as "defense bonds", then later as "war bonds."
  • Although Series E bonds are usually associated with the war bond drives of World War II, they continued to be sold until June 1980.

• Peacetime Economy

  • The end of World War II was followed by an uneasy transition from war to a peacetime economy.
  • Many had feared that the drop in government spending after the war would bring back the Great Depression, but these fears never materialized.
  • The decline in government spending, at the end of World War II in 1945, led to an enormous drop in gross domestic product, making this technically a recession.
  • The post-war years were unusual in a number of ways, unemployment was never high, and this era may be considered a "sui generis end-of-the-war recession," or a very unique type of recession.
  • Generally speaking, the period from the end of World War II to the early 1970s was a golden era of American capitalism. $200 billion in war bonds matured, and the G.I.

• Union Finances

  • The Union emerged from the Civil War with a healthy economy by funding the war with new taxes, printing money, and issuing government bonds.
  • Apart from instituting new taxes and printing money, a third major source of funding was government bonds.
  • For the first time, bonds in small denominations were sold directly to citizens.
  • Among the Union's most important war measures was the creation of a system of national banks that provided a sound currency for industrial expansion.These new banks were required to purchase government bonds, directly financing the war.
  • Describe how the Union financed the war through taxes, printing money, the sale of government bonds, and the creation of a national banking system

• Confederate Finances

  • Cotton was stored in warehouses and used to prop up Confederate war bonds sold in Europe.
  • This embargo was effective at first, creating an immediate source of income from the valuable cotton-backed bonds, shutting down hundreds of textile factories, and putting thousands of people in Europe out of work.
  • With little revenue from taxation, and with the disastrous effects of the wholesale issue of paper money before it, the Confederate government made every effort to borrow money by issuing bonds.
  • These bonds, however, depreciated rapidly as the economy collapsed.
  • By the war's end, its price had dropped to only .017¢.

• War Propaganda

  • War propaganda campaigns by the Creel Committee and Hollywood influenced American views on World War I.
  • Baker, Secretary of War; and Secretary of the Navy Josephus Daniels.
  • Using their own words and avoiding "hymns of hate" that seemed negative, the topics included the draft, rationing, war bond drives, victory gardens, and why America had joined the fight.
  • The Creel Committee used all forms of media, such as this poster, to spread the US message during World War I.
  • World War I propaganda poster urging Americans to buy Liberty Bonds (1917).

• Changing Roles for Women

  • The domestic war effort in the United States swept millions of women into the workforce.
  • The Navy refused to accept Japanese-American women throughout World War II.
  • Women joined the federal government in massive numbers during World War II.
  • Nearly a million "government girls" were recruited for war work.
  • In addition, women volunteers aided the war effort by planting victory gardens, canning produce, selling war bonds, donating blood, salvaging needed commodities, and sending care packages.

• Mobilization and the Development of the West

  • In all, 350,000 American women served in the U.S. military during World War II.
  • A total of 6,520 African-American women served during the war.
  • Asian-Pacific-American women first entered military service during World War II.
  • The navy refused to accept Japanese-American women throughout World War II.
  • Women volunteers aided the war effort by planting victory gardens, canning produce, selling war bonds, donating blood, and salvaging needed commodities.

• Economic Impacts of the Revolution

  • The 13 American states flourished economically at the beginning of the war.
  • As the war went on, however, America's economic prosperity began to falter.
  • Starting in 1776, Congress sought to raise money with loans from wealthy individuals, promising to redeem the bonds after the war.
  • The bonds were in fact redeemed in 1791 at face value, but the scheme raised little money because Americans had little specie, and many rich merchants were supporters of the Crown.
  • Discuss the impact of the Revolutionary War on the American economy

• Moral Imperialism

  • In 1914, most Americans called for neutrality, seeing the war as a dreadful mistake and determined to stay out of it.
  • By 1917, the same public felt just as strongly that going to war was both necessary and wise.
  • The most important moralist of all was President Woodrow Wilson—the man who dominated decision making so totally that the war has often been labelled "Wilson's War. " In 1917, Wilson, a Democrat, proved his political genius by winning the support of most of the moralists by proclaiming "a war to make the world safe for democracy. " If they truly believed in their ideals, he explained, now was the time to fight.
  • The alternative to U.S. entry into the war was a world dominated by German political values, including imperialism, militarism, and the suppression of minorities—a guaranteed formula for more wars in the future.
  • Critique the United States' stance of "moral imperialism" that led to its involvement in World War I.

• The War's Aftermath

  • The national debt rose from $45 million in 1812 to $127 million by the end of 1815, although by selling bonds and treasury notes at deep discounts—and often for irredeemable paper money due to the suspension of specie payment in 1814—the government received only $34 million worth of specie.
  • However, all the causes of the war had disappeared with the end of the war between Britain and France and with the destruction of the power of First Nation Indian tribes.
  • The War of 1812 was highly significant in Britain's North American colonies.
  • After the war, British sympathizers portrayed the war was as a successful fight for national survival against an American democratic force that threatened the peace and stability the Canadians desired.
  • Summarize the results of the War of 1812, dubbed the "Second War of Independence" by the Americans