Second Liberty Bond Act
The 2nd Liberty Loan Act established an $15 billion aggregate limit on the amount of government bonds issued, allowing $3 billion more offered at 25 years at 4% interest, redeemable after 10 years. The amount of the loan totaled $3.8 Billion with 9.4 million people purchasing bonds.
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Famous quotes containing the words liberty, bond and/or act:
“When liberty comes with hands dabbled in blood it is hard to shake hands with her.”
—Oscar Wilde (1854–1900)
“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.
“Translation is the paradigm, the exemplar of all writing.... It is translation that demonstrates most vividly the yearning for transformation that underlies every act involving speech, that supremely human gift.”
—Harry Mathews (b. 1930)