Liberty and Victory Bonds- World War 1

   When most people recall the First World War, they think about the grizzly effects of trench warfare, the enlisting/drafting of heroic United States' soldiers, and the epic struggle of different nations who fought for opposing reasons. However, the behind-the-scenes events were just as important for the war as the actual fighting itself. Although today they might be lesser known to some, the Liberty and Victory bonds between the Canadian's and United States' government and its people played a significant role in World War l.

   Both Liberty Bonds (issued by the United States) and Victory Bonds (issued by Canada) were ways in which both countries could support the war effort. These bond types emphasized strong foreign relations between these two countries and the Allies (England, France, Italy, and Russia). Liberty Bonds focused on the happenings during the war, as their purchase showed support for military weapons and other much-needed supplies. People would then receive some portions of their money back if the Allies side successfully won. Victory Bonds (hence the name), focused on supporting the happenings, such as soldiers, after the war.

   It was considered frowned upon and not very nationalistic if someone opted out of purchasing a Liberty or Victory Bond, while something of great pride when actually bought. "The man, be rich or poor, is little to be envied, who at this supreme moment fails to bring forward his life savings for the security of his country."

 

 

 

http://www.archives.gov.on.ca/en/explore/online/posters/bonds.aspx

 

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