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The name of the bonds was eventually changed to War Bonds after the Japanese attack on Pearl Harbor on 7 December 1941, which resulted in the United States entering the war. The War Finance Committee was placed in charge of supervising the sale of all bonds, and the War Advertising Council promoted voluntary compliance with bond buying.
$100 Series E bond (1944) Series E United States Savings Bonds were government bonds marketed by the United States Department of the Treasury as war bonds during World War II from 1941 to 1945. After the war, they continued to be offered as retail investments until 1980, when they were replaced by other savings bonds.
Series E bonds were introduced in 1941 as war bonds but continued to be a retail investment long after the end of World War II. Issued at a discount of the face value, the bonds could be redeemed for the full face value when the bond matured after a number of years that varied with the interest rate at the time of issuance.
An American propaganda poster promoting war bonds, depicting Uncle Sam leading the United States Armed Forces into battle. During American involvement in World War II (1941–45), propaganda was used to increase support for the war and commitment to an Allied victory.
A liberty bond or liberty loan 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 poster was distributed by the United States Treasury Department and implied that purchasing war bonds would keep the children safe from the Nazi threat. [4] War bonds were offered by the United States Government for purchase by the public; purchasers would keep the bond and be reimbursed for its return at a later date.
The Third Liberty Loan Act was enacted on April 5, 1918. The third act specifically 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. [2] [3] The bonds produced by the Third Liberty Loan Act were not redeemable until September 15, 1928. [4]
The cartoon was initially conceived to promote the sales of "defense bonds", which were renamed war bonds by the spring of 1942. [11] Between feature films, or between the feature films and the animated shorts, the lights of the movie theater came on and ushers collected donations from the audience to help finance the war effort. [12]