The Nonpartisan Leader Newspaper, December 24, 1917, Page 11

equal fo payment by the government of 4 per cent interest, compound- ed quarterly. . But the big feature of the war-saving certificates is that they can be cashed in at any time by the purchaser, who does not have to wait until January 1, 1923, to get his money. Any time after January 2, 1918, and prior to January 1, 1923, the holder of a war-saving certifi- cate can cash it in at the postoffice, and will receive what he paid for it, plus mtur\est at 3 per cent. In other words, if the certificate is cashed in prior to its date of maturity, the holder gets only 3 per cent interest, instead of the 4 per cent he gets if he holds it till January 1, 1923. The plan is .a fine one for encouraging the people to save. They can begxn savmg with thrift stamps, saving 25 cents or more at a time Or they can begin saving $4.12 to $4.23 at a time, according to the price of the certificate during the month they wish to purchase them. Mllhons of people will resort to this method of saving, and they will have the satisfaction, also, of saving their money in a way ‘that will help win the war. And an important feature is that if the purchaser of these certifi- cates HAS to cash in—needs the money for an emergency—he will get what he invested back, in cash, plus interest, somethmg that, un- fortunately, is not the case with regular bond issues, the price of which is depressed after their original sale by the operations of bond and stock traders on the New York stock exchange. The people ought to and will respond to this sound finanecial measure of congress. The saving certificates, like the Liberty bonds, are backed by all the credit and resources of the United States and its people, and there can be no better investment in the world today. The same is true, also, of the Liberty bonds, which the Leader also recommended and urged readers who could do so to invest in. A reader of the Leader wrote us, after the Liberty bond sale cam- paign, and asked if we still thought the Liberty bonds a good invest- ment, inasmuch as they were then quoted on the New York stock ex- change at as low as $97.10, a $2.90 discount under what they were sold for by the government Our reply was the recent editorial advising readers to hold their Liberty bonds (Leader, December 10, 1917), as their real value has in no way been impaired by the operations of the stock exchange bond traders, who have reduced the quotations below par. . The United States and its people still stand back of the Liberty bonds and will continue to do so, and they will undoubtedly be worth more than par after the war. To sell Liberty bonds now at the heavy discounts demanded by the bond gamblers-and by the rich men who want to.buy them up cheap and profit later at the expense of those who sell, would not be good business. : But this kind of discounting can not happen in the case of the war-saving certificates, which can he cashed in at any time at par plus 3 per cent interest. It may-be added that it is unlawful for any one person to own more than $1000 worth of these war-saving certificates and that they can not be purchased in moré than $100 lots. They are exempt from'all taxation except estate:or inheritance taxes, income sur-taxes and Wwar profits taxes—in fact] théy are solely an investment for wage earnérs.-and people in moderateieircumstances.” Indications are that the entire $2 000, 000 000 worth authorlued will be sold readily by the governnient.: For further mformatlon about thxs fme saving plan see your postmaster or write to Mr. W. G. McAdoo, secretary’ of the United States treasury, Washington, D. C. ; ; MR.ZIMMERMANAN’DTB. of which have been sent us by readers; reports that P. E. Zim- merman of Limdsborg, Kansas, is ‘‘engaged in a movement that " has for its purpose the destruction of the political influence of the Nonpartisan league and any further extention of that organization.” League members will be glad to know of this ‘““movement’’ of Mr. Zimmerman. //'The Sioux City Journal gives further details as follows: Colonel Roosevelt has been communicated with mpectlng a speech- making tour in opposition to the Eeague that is to‘extend from Grand Forks, N. D, to the gulf of Mexico; three or four addresses to be de- livered in each state in 'which the Leaguo has secured a politlee.l foot- 5 ing, Mr. Zimmerman said. Our guess is'that Mr. Zimmerman and his fnends have contracted ¥o fill a pretty big order. 'We have heard of other ‘‘movements’’ start- hed ‘‘for the purpose of destroying the Nonpartisan league.” We have falso later printed their obituaries in the Leader. Even with the help luf 80 eminent a personage as Teddy the Terrible, we doubt i Mr. Zim- | merman’s ““movement”’ will get anywhere. The reason it will : ke m othu' drives so flu- started agamit the famnera pohncal Frhekmershavolmhwmmotrebrmawhmhfiq THE Sxoux Clty (Iowa) Journal of December 3, several-copies. are working out through election of people’s candidates to offies, state and national. This program calls merely for justice for the farmer and fair play for all. - No individual or organization can make headway against the movement of the farmers for democracy and justice by opposing their plans and their organization with s DE- STRUCTIVE policy. The only possible way to fight the League suc- cessfully is TO PUT UP, BEFORE THE PEOPLE A BETTER PRO- ‘GRAM THAN THE FARMERS HAVE TO RIGHT THE POLITICAL AND ECONOMIC WRONGS NOW EXISTING. We invite Mr. Zim- merman, Mr. Roosevelt and their friends and sympathizers, who don’t number very many, to PUF UP A BETTER CONSTRUCTIVE PRO- GRAM THAN THE LEAGUE’S. This tip is given free of charge. Sioux City Journal please copy. THE “EQUAL CHANCE" IN AMERICA TO the comfortable gentlemen who ride in limousines and sit by | their warm firesides these long winter evenings bemoaning the fact that the farmers and working people of the nation are so ‘‘unpatriotic’’ as to believe there is anything wrong in America, the recent report of the Children’s bureau of the United States depart- ment of labor would be something very disconcerting indeed. Of course, these gentlemen, who maintain that nothing is wrong and that - all efforts of the people for reforms are ‘‘unwarranted agitations,”’ will not read this official report, and would not belieye it if they did read it. The American people are proud of the political progress they have made, and ‘justly so. We have banished kings and we have made a splendid start toward the establishment of justice and real democracy. The rights of men and of nations have never, anywhere, been more clearly and forcefully stated than in our Declaration of Independence; and our Constitution, when it was written, expressed the last word in progressive, democratic government. No people anywhere ever adopt- ed a form of government that better safeguarded justice and secured the rights of citizens. But it was not patriotism and good citizenship in 1776 to oppose the Declaration of Independence.- And it was not patriotism and good citizenship in 1787 to oppose the adoption of the new constitution of the United States. Likewise today, when new conditions, political and economice, call for new reforms, it is not good citizenship and patriot- ism to oppose them, on the theory that the last word in progress was expressed and made into law one hundred and thirty years ago. A favorite statement of the anti-reformers and reactionaries— they were: called traitors and Tories in 1776—is that we have perfect freedom and justice in this country now, with no need for further progress. -Everyone has an equal chance in America today, they say. Whyskick? All any one needs to succeed is ambition and the desire to study and work, which are things he can cultivate in himself. With them;, no door is closed. Nobody but lazy, good-for-nothing, ignorant people kick about conditions in America. But what :does the official government report in regard to children say? Tt says: Some 300,000 children under five years of age die annually in _ America FROM NEGLECT—{rom causes that can almost all be ban- ished. Have these children had a fair chance? - Has America meant equal opportunity for them? The report says these children NEED "MOTHER’S CARE AND DECENT HOME CONDITIONS. Why do not they have them now? BECAUSE THEIR FATHERS CAN NOT EARN ENOUGH INCOME AND THEIR MOTHERS MUST FIND ‘GAINFUL EMPLOYMENT ALSO TO EKE OUT THE FAMILY IN- COME. That’s what the official report of the government says. Listen to th15 also from the report: : Three-fourths of the mothers of chlldren whose fathers earn less ... than $450 a year must neglect their children to work out.. BUT ONLY. . ONE-TENTH of the mothers of children whose fathers earn as much as $1050 leave their homes and neglect their children in order to work out. - Tell us, you satisfied gentlemen, who clip coupons and ride in limousines, have the children of the $450 fathers an equal chance with the children of $1050 fathers, in tlus country of freedom and equahty The report says: That the chance of life ot the baby grows appallingly less as the father’s earnings grow smaller is shown by the combined results of the Bureau’s studies of infant mortality ‘among 13,000 babies in eight Ameri- can cities—Johnstown, Pa., Montclair, N. J., Manchester, N. H., Brockton, Mass., Saginaw, Mich., New Berford, Mass., Waterbury, Conn., and Akron Ohio. One-fourth of all the fathers earned less than $550 & year; in these families every sixth baby died, Only about an eighth of the fathers earned $1050 or more; of their bables only one in sixteen died. The rise of prices and the dlsorganizatlon of social and industrial life with the war accentuate the importance of this persistent relation of income to infant mortality. Every sixth baby dies in some families—only every sixteenth in other families—AND THE SIZE OF THE INCOME OF THE FATHER DETERMINES THE DEATH RATE| Have all our future citizens equal chance and opportunity in America?! The official government figures say NO. How about it, satisfied gentlemen! PAGH BLEVEN