Portal:Third Liberty Loan

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Third Liberty Loan

The Third Liberty Loan Act was a liberty bond sold during World War I that helped cover the war expenses of the United States. In effect, the bonds were loans from citizens to the US Government which would be repaid with interest in the future. It was enacted on April 5, 1918 and allowed the US government to issue $3 billion worth of war bonds at a rate of 4.5% interest for up to 10 years with an individual aggregate limit of $45,000. Excerpted from 3rd Liberty Loan Act on Wikipedia, the free encyclopedia.

Poster advertising 3rd Liberty Loan