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:
“With liberty and pleasant weather, the simplest occupation, any unquestioned country mode of life which detains us in the open air, is alluring. The man who picks peas steadily for a living is more than respectable, he is even envied by his shop-worn neighbors. We are as happy as the birds when our Good Genius permits us to pursue any outdoor work, without a sense of dissipation.”
—Henry David Thoreau (1817–1862)
“When the bond of love broke,
the respect born of affection withered,
good feelings fled,
and that man walked before me
like any other,
Good Friend,
I imagine all this,
think on days gone by
and wonder why
my heart hasn’t cracked
into a hundred bits.”
—Amaru (c. seventh century A.D.)