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:
“A free spirit takes liberties even with liberty itself.”
—Francis Picabia (1878–1953)
“Camillo. Prosperity’s the very bond of love,
Whose fresh complexion and whose heart together
Affliction alters.
Perdita. One of these is true:
I think affliction may subdue the cheek,
But not take in the mind.”
—William Shakespeare (1564–1616)
“To act with doubleness towards a man whose own conduct was double, was so near an approach to virtue that it deserved to be called by no meaner name than diplomacy.”
—George Eliot [Mary Ann (or Marian)