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:
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—George Berkeley (1685–1753)
“Wedding is great Juno’s crown,
O blessed bond of board and bed!
‘Tis Hymen peoples every town,
High wedlock then be honorèd.
Honor, high honor, and renown
To Hymen, god of every town!”
—William Shakespeare (1564–1616)
“It is difficult for one person to act a play.”
—Chinese proverb.