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FOURTH LIBERTYLOAN INTEREST RATE Secretary McAdoo has definitely announced that the Fourth Liberty Loan bonds will bear 4 14 per cent interest The secretary has been insistent x that the gov ¬ ernment interest rate should be stabilized at 4 14 per cent He points out that a raise In the rate of interest of only onefourth of one per cent on 10000000000 of government bonds would mean an annual increase of 25000000 in interest charges nnd that this money would have to be raised by in ¬ creased taxation and paid by the people of the coun ¬ try It would not he paid by one class only be ¬ cause there are consumption ns well as other kinds of taxes and the consumption taxes reach every class of people As an Intelligent people said Secretary Mc ¬ Adoo during the Third Liberty Loan campaign we should now make a stand for the financing of our government during the period of this war at a stabilized rate ot interest say 4 14 per cent pei annum so that all business and all Investments may be adjusted to that basis and so that we our ¬ selves may protect ourselves against successively increased rates of interest on government loans loansNeither Neither our patriotism nor cur support of the Liberty Loans are measured in fractions of per cent
