A Liberty Bond was a war bond that was sold in the United States to support the allied cause in World War I. Subscribing to the bonds became a symbol of patriotic duty in the United States and introduced the idea of financial securities to many citizens for the first time. The Act of Congress which authorized the Liberty Bonds is still used today as the authority under which all U.S. Treasury bonds are issued.
Securities, also known as Liberty Bonds, were issued in the aftermath of the September 11, 2001 terrorist attacks to finance the rebuilding of the areas affected.
Read more about Liberty Bond: Interest Rates and Issuing History, First Liberty Bond Act, Second Liberty Bond Act, Sales Difficulties and The Subsequent Campaign, Victory Liberty Loan, Default of The Fourth Liberty Bond
Famous quotes containing the words liberty and/or bond:
“In Europe, charters of liberty have been granted by Power. In America ... charters of power [are] granted by liberty.”
—James Madison (1751–1836)
“I therefore, the prisoner in the Lord, beg you to lead a life worthy of the calling to which you have been called, with all humility and gentleness, with patience, bearing with one another in love, making every effort to maintain the unity of the Spirit in the bond of peace.”
—Bible: New Testament, Ephesians 4:1-3.